East West Bancorp traded at $130.69 this Wednesday June 24th, decreasing $0.20 or 0.15 percent since the previous trading session. Looking back, over the last four weeks, East West Bancorp lost 4.80 percent. Over the last 12 months, its price rose by 32.24 percent. Looking ahead, we forecast East West Bancorp to be priced at 124.20 by the end of this quarter and at 116.68 in one year, according to Trading Economics global macro models projections and analysts expectations.
East West Bancorp, Inc. is a bank holding company that offers a range of banking services to individuals and businesses through its subsidiary, East West Bank (the Bank) and its subsidiaries. The Company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The Consumer and Business Banking segment provides financial products and services to consumer and commercial customers through the Company’s domestic branch network. This segment offers consumer and commercial deposits, mortgage and home equity loans, and other products and services. The Commercial Banking segment primarily generates commercial loans and deposits. Commercial loan products include commercial business loans and lines of credit, trade finance loans and letters of credit, commercial real estate (CRE) loans, construction and land loans, affordable housing loans and letters of credit, asset-based lending and equipment financing.