
EWBC Stock Forecast & Price Target
EWBC Analyst Ratings
Bulls say
East West Bancorp has demonstrated robust financial performance, evidenced by a 3.7% increase in end-of-period loan balances, primarily driven by growth in residential mortgages, commercial and industrial loans, and a modest rise in commercial real estate. The bank's deposit growth has been notably strong, with a total increase of 11.3% leading to enhanced balance sheet flexibility and an improved net interest income outlook. Additionally, higher securities yields and a slight upward revision in fee income forecasts indicate a positive trajectory for the bank’s overall profitability and financial health moving forward.
Bears say
East West Bancorp faces a negative outlook due to a projected decline in net interest income (NII), with guidance indicating a decrease of 2% to 4% year-over-year for FY24. The bank's net interest margin (NIM) decreased by 3 basis points quarter-over-quarter, and ongoing risks related to asset quality, sluggish loan demand, and competition are expected to further pressure profitability. Additionally, concerns surrounding the commercial real estate market could exacerbate default risks, negatively affecting earnings and overall financial stability.
This aggregate rating is based on analysts' research of East West Bancorp and is not a guaranteed prediction by Public.com or investment advice.
EWBC Analyst Forecast & Price Prediction
Start investing in EWBC
Order type
Buy in
Order amount
Est. shares
0 shares