East West Bancorp (NASDAQ:EWBC) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, July 18th. Analysts expect East West Bancorp to post earnings of $1.25 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
East West Bancorp (NASDAQ:EWBC) last issued its quarterly earnings results on Thursday, April 18th. The financial services provider reported $1.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.22 by ($0.06). The company had revenue of $404.59 million during the quarter, compared to analysts’ expectations of $411.11 million. East West Bancorp had a net margin of 35.42% and a return on equity of 15.78%. During the same period in the prior year, the business posted $1.13 earnings per share. On average, analysts expect East West Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of East West Bancorp stock opened at $45.46 on Wednesday. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 9.76, a PEG ratio of 1.01 and a beta of 1.62. East West Bancorp has a twelve month low of $40.05 and a twelve month high of $68.06. The company has a 50-day moving average of $45.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.02 and a quick ratio of 1.02.
About East West Bancorp
East West Bancorp, Inc operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States and Greater China. It operates in three segments: Consumer and Business Banking, Commercial Banking, and Other.
Recommended Story: What is Depreciation?
Receive News & Ratings for East West Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East West Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.