Workflow
East West Bancorp (EWBC) Rides on Loan Growth Amid High Costs
EWBCEast West Bancorp(EWBC) ZACKS·2024-06-17 13:46

East West Bancorp, Inc. (EWBC) remains well-poised for growth on the back of decent loan growth, low-cost deposits, higher rates and diversified fee income streams. However, elevated expenses and weak asset quality are major headwinds. EWBC primarily emphasizes an organic growth strategy that is evident from the company's net interest income (NII) growth, which is the primary source of its revenues. While the metric dipped in 2020 on account of a tough operating backdrop, the same experienced a 12% compound ...