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Investing.com - Keefe, Bruyette & Woods (KBW) has reiterated its Outperform rating and $120.00 price target on East West Bancorp (NASDAQ:EWBC).
East West Bancorp raised its fiscal year 2025 revenue guidance to "trending toward 10%" from the previous "7%+" forecast, with stronger deposit and loan growth cited as driving factors.
KBW noted that East West Bancorp has a history of guiding conservatively and exceeding expectations, and considers it a top small and mid-cap bank idea.
The research firm highlighted East West Bancorp’s quality, mentioning it has "among the highest quality ROTCE in the peer group (15-16% for 2025/2026E on >10% TCE/TA)."
KBW also pointed to the bank’s "proven track record on growth" as a differentiating feature among peers, while noting the stock trades at "11x our 2026E."
In other recent news, East West Bancorp reported strong financial results for the second quarter of 2025, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $2.28, exceeding the forecast of $2.25. Revenue also outperformed projections, reaching $705 million compared to the anticipated $703.43 million. Following these results, DA Davidson raised its price target for East West Bancorp to $125 from $115, maintaining a Buy rating. The firm highlighted the solid alignment of the company’s results with expectations, particularly noting strength in loan growth. Similarly, Citi increased its price target for the company to $124 from $116, also keeping a Buy rating. Citi attributed this adjustment to stronger-than-expected net interest income performance, which surpassed the bank’s initial guidance. These developments reflect the company’s robust financial performance and the positive outlook from analysts.
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