East West Bancorp (EWBC) Rides on High Rates Amid Rising Costs

East West Bancorp, Inc. (EWBC) is well-positioned for revenue growth on the back of steady loan demand, higher rates and sustained client acquisition efforts. However, an escalated expense base and weak asset quality remain near-term headwinds.EWBC’s organic growth strategy is reflected in its net interest income (NII) growth trajectory. Despite a dip in its NII in 2020 (owing to a tough operating backdrop), the metric witnessed a compound annual growth rate (CAGR) of 12% over the last four years ended 2023 ...