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Stock Market & Financial Investment News

News Breaks
February 4, 2014
05:41 EDTEWBCEast West Bancorp upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded East West Bancorp with a $38 price target citing expectations for stronger than expected loan growth in FY14.
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July 17, 2014
07:01 EDTEWBCEast West Bancorp reports total assets as of June 30 were $27.6B
06:31 EDTEWBCEast West Bancorp sees Q3 EPS 58c-60c, consensus 59c
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06:31 EDTEWBCEast West Bancorp raises FY14 EPS to $2.29-$2.33 from $2.24-$2.28
FY14 EPS consensus of $2.33. This EPS guidance for the remainder of 2014 is based on an adjusted net interest margin ranging from 3.35% to 3.40%1, total loan growth of approximately $400 million per quarter, provision for loan losses of approximately $5.0 million to $8.0 million per quarter, noninterest expense of approximately $120 million to $125 million per quarter, and an effective tax rate of 29%.
06:31 EDTEWBCEast West Bancorp reports Q2 EPS 58c, consensus 58c
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