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Stephens Maintains East West Bancorp(EWBC.US) With Buy Rating, Raises Target Price to $104

Futu News ·  Oct 25 07:31  · Ratings

Stephens analyst Andrew Terrell maintains $East West Bancorp (EWBC.US)$ with a buy rating, and adjusts the target price from $95 to $104.

According to TipRanks data, the analyst has a success rate of 60.9% and a total average return of 10.0% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $East West Bancorp (EWBC.US)$'s main analysts recently are as follows:

  • Following a third-quarter operating earnings per share surpass, estimates for the fourth quarter and full-year 2025 earnings per share have been increased, attributed to a more robust net interest margin and slightly improved fee revenue growth.

  • The bank's third-quarter results and subsequent growth guidance surpassed initial apprehensions. The expectation remains that growth will be moderately subdued in the forthcoming quarters, but the bank's asset-sensitive balance sheet is anticipated to maintain the net interest margin around the present figures.

  • Spot rates on deposits and favorable balance sheet trends are supportive of the bank's net interest income outlook, while efforts to increase capital to leading levels within the industry are ongoing.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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