Schroder Investment Management Group Adds $20M in East West Bancorp, Inc. ($EWBC)
Key Points
- Schroder Investment Management Group changed its East West Bancorp, Inc. ($EWBC) stake by 4.1% last quarter, boosting to 3,864,877 shares worth $512.60 million.
- Wall Street's consensus rating on $EWBC is Buy and an average price target of $137.19.
- $EWBC last traded around $132.63.
Schroder Investment Management Group increased its position in East West Bancorp, Inc. ($EWBC) by 4.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,864,877 shares of East West Bancorp, Inc. after buying 151,198 shares during the quarter. Schroder Investment Management Group's holdings in East West Bancorp, Inc. were worth $512.60 million as of its most recent filing.
East West Bancorp, Inc. ($EWBC) Stock
East West Bancorp, Inc. Earnings
East West Bancorp, Inc. Dividend
Analysts Set New Price Targets
About East West Bancorp, Inc.
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States. The company operates through three segments: Consumer and Business Banking, Commercial Banking, and Treasury and Other. It accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. The company provides various loan products, such as mortgage and home equity, commercial and residential real estate, construction finance, commercial business lending, working capital lines of credit, trade finance, letters of credit, affordable housing lending, asset-based lending, asset-backed finance, project finance, equipment financing, loan syndication, and equipment loans, as well as financing services for clients to facilitate their business transactions between the United States and Asia. It also provides foreign exchange, treasury management, wealth management, and interest rate and commodity risk hedging services; and mobile, and online banking services. The company was founded in 1973 and is headquartered in Pasadena, California.
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