East West Banking（EW）株式概要イースト・ウエスト・バンキング・コーポレーションは、その子会社とともに商業銀行として、フィリピン国内および海外の個人・法人顧客に幅広い金融商品・サービスを提供している。 詳細EW ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績5/6財務の健全性4/6配当金3/6報酬当社が推定した公正価値より27.9%で取引されている 過去1年間で収益は19.3%増加しました リスク分析不安定な配当実績 すべてのリスクチェックを見るEW Community Fair Values Create NarrativeSee what 78 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₱Current Price₱12.627.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture064b2016201920222025202620282031Revenue ₱64.5bEarnings ₱16.2bAdvancedSet Fair ValueView all narrativesEast West Banking Corporation 競合他社Security BankSymbol: PSE:SECBMarket cap: ₱49.7bBank of CommerceSymbol: PSE:BNCOMMarket cap: ₱15.7bRizal Commercial BankingSymbol: PSE:RCBMarket cap: ₱57.8bPhilippine National BankSymbol: PSE:PNBMarket cap: ₱90.0b価格と性能株価の高値、安値、推移の概要East West Banking過去の株価現在の株価₱12.6252週高値₱14.3052週安値₱10.20ベータ0.491ヶ月の変化-6.52%3ヶ月変化-4.68%1年変化18.61%3年間の変化79.52%5年間の変化36.43%IPOからの変化-4.30%最新ニュースRecent Insider Transactions • May 19Insider recently bought ₱297k worth of stockOn the 13th of May, Wilfredo Montino bought around 23k shares on-market at roughly ₱13.10 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.5m. Insiders have collectively bought ₱16m more in shares than they have sold in the last 12 months.Reported Earnings • May 17First quarter 2026 earnings released: EPS: ₱0.82 (vs ₱0.82 in 1Q 2025)First quarter 2026 results: EPS: ₱0.82 (up from ₱0.82 in 1Q 2025). Revenue: ₱8.58b (flat on 1Q 2025). Net income: ₱1.86b (up 1.1% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.Declared Dividend • Apr 25Dividend increased to ₱0.82Dividend of ₱0.82 is 21% higher than last year. Ex-date: 8th May 2026 Payment date: 29th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 23+ 1 more updateEast West Banking Corporation Declares Cash Dividend, Payable on May 29, 2026East West Banking Corporation, at its Annual Stockholders' Meeting held on April 23, 2026, approved the cash dividend declaration in the amount of PHP 0.82 per share, payable on May 29, 2026 to all stockholders of record as of May 11, 2026.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: ₱4.10 (vs ₱3.38 in FY 2024)Full year 2025 results: EPS: ₱4.10 (up from ₱3.38 in FY 2024). Revenue: ₱36.8b (up 12% from FY 2024). Net income: ₱9.22b (up 21% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.Recent Insider Transactions • Mar 18Chief Executive Officer recently bought ₱445k worth of stockOn the 13th of March, Jerry Ngo bought around 34k shares on-market at roughly ₱13.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱13m worth in shares.最新情報をもっと見るRecent updatesRecent Insider Transactions • May 19Insider recently bought ₱297k worth of stockOn the 13th of May, Wilfredo Montino bought around 23k shares on-market at roughly ₱13.10 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.5m. Insiders have collectively bought ₱16m more in shares than they have sold in the last 12 months.Reported Earnings • May 17First quarter 2026 earnings released: EPS: ₱0.82 (vs ₱0.82 in 1Q 2025)First quarter 2026 results: EPS: ₱0.82 (up from ₱0.82 in 1Q 2025). Revenue: ₱8.58b (flat on 1Q 2025). Net income: ₱1.86b (up 1.1% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.Declared Dividend • Apr 25Dividend increased to ₱0.82Dividend of ₱0.82 is 21% higher than last year. Ex-date: 8th May 2026 Payment date: 29th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 23+ 1 more updateEast West Banking Corporation Declares Cash Dividend, Payable on May 29, 2026East West Banking Corporation, at its Annual Stockholders' Meeting held on April 23, 2026, approved the cash dividend declaration in the amount of PHP 0.82 per share, payable on May 29, 2026 to all stockholders of record as of May 11, 2026.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: ₱4.10 (vs ₱3.38 in FY 2024)Full year 2025 results: EPS: ₱4.10 (up from ₱3.38 in FY 2024). Revenue: ₱36.8b (up 12% from FY 2024). Net income: ₱9.22b (up 21% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.Recent Insider Transactions • Mar 18Chief Executive Officer recently bought ₱445k worth of stockOn the 13th of March, Jerry Ngo bought around 34k shares on-market at roughly ₱13.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱13m worth in shares.Recent Insider Transactions • Mar 10Chief Executive Officer recently bought ₱1.1m worth of stockOn the 6th of March, Jerry Ngo bought around 82k shares on-market at roughly ₱13.29 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱12m worth in shares.Recent Insider Transactions • Mar 05Chief Executive Officer recently bought ₱240k worth of stockOn the 27th of February, Jerry Ngo bought around 18k shares on-market at roughly ₱13.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱11m worth in shares.お知らせ • Jan 30East West Banking Corporation, Annual General Meeting, Apr 23, 2026East West Banking Corporation, Annual General Meeting, Apr 23, 2026, at 08:30 W. Australia Standard Time.Recent Insider Transactions • Dec 23Chief Executive Officer recently bought ₱658k worth of stockOn the 17th of December, Jerry Ngo bought around 57k shares on-market at roughly ₱11.48 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱11m worth in shares.Recent Insider Transactions • Dec 10Chief Executive Officer recently bought ₱899k worth of stockOn the 5th of December, Jerry Ngo bought around 78k shares on-market at roughly ₱11.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱10m worth in shares.Buy Or Sell Opportunity • Dec 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.0% to ₱11.34. The fair value is estimated to be ₱14.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 23%.Recent Insider Transactions • Nov 25Chief Executive Officer recently bought ₱96k worth of stockOn the 17th of November, Jerry Ngo bought around 8k shares on-market at roughly ₱11.38 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱9.2m worth in shares.Buy Or Sell Opportunity • Nov 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to ₱11.26. The fair value is estimated to be ₱14.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 23%.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱0.10 (vs ₱1.03 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.10. Revenue: ₱9.69b (up 7.1% from 3Q 2024). Net income: ₱2.48b (up 6.8% from 3Q 2024). Profit margin: 26% (in line with 3Q 2024).Recent Insider Transactions • Nov 18Chief Executive Officer recently bought ₱1.1m worth of stockOn the 14th of November, Jerry Ngo bought around 92k shares on-market at roughly ₱11.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱9.1m worth in shares.Recent Insider Transactions • Nov 11Chief Executive Officer recently bought ₱495k worth of stockOn the 7th of November, Jerry Ngo bought around 43k shares on-market at roughly ₱11.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱975k. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱8.0m worth in shares.Recent Insider Transactions • Oct 28Chief Executive Officer recently bought ₱975k worth of stockOn the 21st of October, Jerry Ngo bought around 85k shares on-market at roughly ₱11.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱7.5m worth in shares.Buy Or Sell Opportunity • Oct 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.2% to ₱11.40. The fair value is estimated to be ₱14.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 29%.Recent Insider Transactions • Oct 22Chief Executive Officer recently bought ₱469k worth of stockOn the 17th of October, Jerry Ngo bought around 41k shares on-market at roughly ₱11.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱6.5m worth in shares.Recent Insider Transactions • Oct 14Chief Executive Officer recently bought ₱97k worth of stockOn the 10th of October, Jerry Ngo bought around 9k shares on-market at roughly ₱11.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱407k. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱6.1m worth in shares.Buy Or Sell Opportunity • Oct 10Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to ₱11.42. The fair value is estimated to be ₱14.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 29%.お知らせ • Aug 28East West Banking Corporation Approves the Appointment of Ramon Vicente De Vera II as Senior Vice President, Chief Business Development Officer, Effective October 16, 2025East West Banking Corporation Board of Directors, in its regular meeting on August 28, 2025, approved the appointment of Mr. Ramon Vicente De Vera II as Senior Vice President, Chief Business Development Officer effective October 16, 2025. Mr. De Vera is a seasoned fintech transformation strategist with over 20 years of experience spanning traditional banking, digital ventures, and emerging technologies. He joins EastWest Bank from BDO Unibank, where he led digital transformation initiatives such as branch modernization, MSME lending, and generative AI integration. He began his career at Standard Chartered and Citibank, later taking on strategic roles at TV5 and Globe Telecom, where he drove media innovation and rural market expansion. From 2010 to 2021, he was with UnionBank, leading multiple business units and co-founded UnionDigital Bank. In 2023, he served as Strategic Advisor to Aboitiz Data Innovation, helping shape its AI and data strategy. Mr. De Vera II holds a Philosophy degree from Ateneo de Manila University (1997) and a Master's in Business Management from the Asian Institute of Management (2001), both earned with Dean's List honors.Recent Insider Transactions • Aug 27Chief Executive Officer recently bought ₱67k worth of stockOn the 19th of August, Jerry Ngo bought around 6k shares on-market at roughly ₱12.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱6.0m worth in shares.Recent Insider Transactions • Aug 19Chief Executive Officer recently bought ₱407k worth of stockOn the 15th of August, Jerry Ngo bought around 32k shares on-market at roughly ₱12.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱5.9m worth in shares.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₱1.02 (vs ₱0.79 in 2Q 2024)Second quarter 2025 results: EPS: ₱1.02 (up from ₱0.79 in 2Q 2024). Revenue: ₱9.10b (up 14% from 2Q 2024). Net income: ₱2.30b (up 28% from 2Q 2024). Profit margin: 25% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Aug 12Chief Executive Officer recently bought ₱104k worth of stockOn the 8th of August, Jerry Ngo bought around 8k shares on-market at roughly ₱12.96 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱5.5m worth in shares.Recent Insider Transactions • Jul 22Chief Executive Officer recently bought ₱167k worth of stockOn the 18th of July, Jerry Ngo bought around 15k shares on-market at roughly ₱11.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱5.3m worth in shares.Recent Insider Transactions • Jul 15Chief Executive Officer recently bought ₱546k worth of stockOn the 11th of July, Jerry Ngo bought around 49k shares on-market at roughly ₱11.09 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱4.5m worth in shares.Recent Insider Transactions • Jul 03Chief Executive Officer recently bought ₱274k worth of stockOn the 30th of June, Jerry Ngo bought around 25k shares on-market at roughly ₱10.96 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱2.0m worth in shares.Recent Insider Transactions • Jun 17Chief Executive Officer recently bought ₱763k worth of stockOn the 11th of June, Jerry Ngo bought around 73k shares on-market at roughly ₱10.42 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱1.7m worth in shares.Recent Insider Transactions • Jun 10Chief Executive Officer recently bought ₱957k worth of stockOn the 5th of June, Jerry Ngo bought around 90k shares on-market at roughly ₱10.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. This was Jerry's only on-market trade for the last 12 months.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ₱0.82 (vs ₱0.76 in 1Q 2024)First quarter 2025 results: EPS: ₱0.82 (up from ₱0.76 in 1Q 2024). Revenue: ₱8.62b (up 9.7% from 1Q 2024). Net income: ₱1.84b (up 8.0% from 1Q 2024). Profit margin: 21% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 27Dividend increased to ₱0.68Dividend of ₱0.68 is 26% higher than last year. Ex-date: 9th May 2025 Payment date: 31st May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 4.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 24East West Banking Corporation Approves Cash Dividend, Payable on May 31, 2025East West Banking Corporation at its AGM held on April 24, 2025, approved cash dividend declaration in the amount of PHP 0.68 per share, payable on May 31, 2025 to all stockholders of record as of May 12, 2025.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱3.38 (vs ₱2.70 in FY 2023)Full year 2024 results: EPS: ₱3.38 (up from ₱2.70 in FY 2023). Revenue: ₱32.8b (up 17% from FY 2023). Net income: ₱7.61b (up 25% from FY 2023). Profit margin: 23% (up from 22% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Mar 26New major risk - Revenue and earnings growthEarnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Feb 28East West Banking Corporation Announces Retirement of Atty. Lourdes A. Ona as Head of the Legal Services GroupEast West Banking Corporation in its regular meeting 27 February 2025, approved the retirement of Atty. Lourdes A. Ona as Head of the Legal Services Group effective February 28, 2025, and continuation of her function as Head of Legal from March 01, 2025, to March 31, 2025, under Fixed Term Executive employment status.お知らせ • Jan 30East West Banking Corporation, Annual General Meeting, Apr 24, 2025East West Banking Corporation, Annual General Meeting, Apr 24, 2025, at 08:30 W. Australia Standard Time.Recent Insider Transactions • Nov 20Insider recently bought ₱985k worth of stockOn the 13th of November, Sree Sundaram bought around 100k shares on-market at roughly ₱9.85 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱11m more in shares than they have sold in the last 12 months.Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: ₱1.03 (vs ₱0.69 in 3Q 2023)Third quarter 2024 results: EPS: ₱1.03 (up from ₱0.69 in 3Q 2023). Revenue: ₱9.04b (up 24% from 3Q 2023). Net income: ₱2.32b (up 49% from 3Q 2023). Profit margin: 26% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Recent Insider Transactions • Sep 18Insider recently bought ₱264k worth of stockOn the 13th of September, Rafael Algarra bought around 30k shares on-market at roughly ₱8.80 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱404k. Insiders have collectively bought ₱11m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Sep 07Insider recently bought ₱404k worth of stockOn the 3rd of September, Rafael Algarra bought around 46k shares on-market at roughly ₱8.89 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱11m more in shares than they have sold in the last 12 months.Price Target Changed • Aug 23Price target increased by 8.2% to ₱11.20Up from ₱10.35, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₱9.08. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₱3.12 for next year compared to ₱2.70 last year.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₱0.79 (vs ₱0.77 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.79 (up from ₱0.77 in 2Q 2023). Revenue: ₱7.96b (up 14% from 2Q 2023). Net income: ₱1.79b (up 3.7% from 2Q 2023). Profit margin: 23% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Recent Insider Transactions • May 17Chief Executive Officer recently bought ₱8.7m worth of stockOn the 15th of May, Jerry Ngo bought around 904k shares on-market at roughly ₱9.66 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jerry's only on-market trade for the last 12 months.Reported Earnings • May 15First quarter 2024 earnings released: EPS: ₱0.76 (vs ₱0.70 in 1Q 2023)First quarter 2024 results: EPS: ₱0.76 (up from ₱0.70 in 1Q 2023). Revenue: ₱7.86b (up 22% from 1Q 2023). Net income: ₱1.70b (up 7.7% from 1Q 2023). Profit margin: 22% (down from 25% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 10Upcoming dividend of ₱0.54 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (3.4%).Recent Insider Transactions • Apr 30President & Director recently bought ₱707k worth of stockOn the 25th of April, Jacqueline Fernandez bought around 76k shares on-market at roughly ₱9.30 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jacqueline has been a buyer over the last 12 months, purchasing a net total of ₱1.7m worth in shares.Declared Dividend • Apr 23Dividend increased to ₱0.54Dividend of ₱0.54 is 32% higher than last year. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by earnings (14% payout ratio) and is expected to be well covered in 3 years' time (13% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 20+ 1 more updateEast West Banking Corporation Announces Cash Dividend, Payable on May 31, 2024The Board of Directors of East West Banking Corporation, in its special meeting held April 19, 2024, approved the declaration of cash dividends in the amount of PHP 0.54 per share, payable on May 31, 2024 to all stockholders of record as of May 17, 2024.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: ₱2.70 (vs ₱2.06 in FY 2022)Full year 2023 results: EPS: ₱2.70 (up from ₱2.06 in FY 2022). Revenue: ₱28.0b (up 20% from FY 2022). Net income: ₱6.08b (up 32% from FY 2022). Profit margin: 22% (up from 20% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.お知らせ • Jan 27East West Banking Corporation Announces the Appointment of Annaliza Guanco Tan-Cimafranca as Senior Vice PresidentEast West Banking Corporation announced the appointment of Ms. Annaliza Guanco Tan-Cimafranca as Senior Vice President under the Office of the CEO effective January 25, 2024. Ms. Cimafranca is a highly seasoned professional with an impressive 27-year career marked by significant achievements in governance roles, particularly in the financial sector. With a remarkable 19 years of risk-based supervisory experience, Anna has successfully managed diverse BSP-supervised entities, including universal and commercial banks, as well as subsidiaries of foreign, thrift, rural, and cooperative banks. She is currently serving as the Senior Vice President of Filinvest Land. Anna earned her Bachelor of Science degree in Accountancy in Polytechnic University of the Philippines in March 1997, Magna Cum Laude. She obtained her Master's Degree in Business Administration at De La Salle University with distinction in December 2003. She finished her Chief Strategy Officer's Program at the National University of Singapore last November 2023.お知らせ • Jan 26East West Banking Corporation, Annual General Meeting, Apr 19, 2024East West Banking Corporation, Annual General Meeting, Apr 19, 2024, at 08:30 Singapore Standard Time. Agenda: To consider Ratification of the Audited Financial Statements for the year ending 31 December 2023; to consider Ratification of the Acts and Resolutions of the Board of Directors and Management for 2023; to consider Election of the member of the Board of Directors to serve for 2024-2025; to consider Appointment of External Auditor; and to consider any other matters.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₱0.69 (vs ₱0.67 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.69 (up from ₱0.67 in 3Q 2022). Revenue: ₱7.27b (up 16% from 3Q 2022). Net income: ₱1.56b (up 3.2% from 3Q 2022). Profit margin: 21% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings have declined by 4.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Recent Insider Transactions • Oct 05Senior EVP & Head of Retail Banking recently bought ₱945k worth of stockOn the 29th of September, Gerardo Susmerano bought around 100k shares on-market at roughly ₱9.45 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱5.3m more in shares than they have sold in the last 12 months.お知らせ • Sep 29East West Banking Corporation Announces Executive ChangesEast West Banking Corporation announced that during the Regular Meeting of the Board of Directors of East West Banking Corporation held on September 28, 2023, the Board of Directors: Elected a new member of the Board in the person of Ms. Rhoda "Chiqui" A. Huang, to fill the Board seat left by Mr. Francis C. Gotianun, who as Filinvest Development Corporation (FDC) director will focus on his leadership role in Filinvest Hospitality. Ms. Huang is an invaluable addition to the Bank's Board of Directors, bringing more than thirty (30) years of experience in Philippine corporate, financial institutions. Prior to joining FDC, she was President of BPI Capital Corporation. She was also the former Branch Head of Investment Banking for Credit Suisse Philippines and spent 19 years at JP Morgan Chase and its predecessor institutions. She has led various aspects of investment banking, including handling mergers and acquisitions, facilitating equity-linked transactions, managing equity and debt capital markets, overseeing structured products and lending, as well has handling risk management. Ms. Huang completed her Bachelor's Degree in Business Administration and Accountancy at the University of the Philippines and is a Certified Public Accountant.; and approved the promotion of Mr. Rene Peralta from First Vice President to Senior Vice President. Mr. Peralta was recently appointed as the Bank's the Chief Corporate Credit Officer (CCCO) as part of the Bank's strategy refresh and evolved goals. As CCCO he is primarily responsible for leading the independent review and assessment of the corporate loan portfolio and providing the credit management framework for the Bank's corporate lending business. He also serves as the Chairman of the Bank's Credit Committee. Mr. Peralta brings with him over 30 years of professional experience in the banking industry particularly in the areas of credit, account management, FX trading and stock brokerage. Prior to EW, he was the Securities Head of United Coconut Planters Bank. Mr. Peralta is a graduate of AB Economics from Ateneo De Manila University.お知らせ • Sep 01East West Banking Corporation Announces Resignation of Francis Nathaniel C. Gotianun, DirectorEast West Banking Corporation announced that at its board meeting held on August 31, 2023, approved the resignation of Mr. Francis Nathaniel C. Gotianun, Director of the Bank, effective September 1, 2023.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: ₱0.77 (vs ₱0.45 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.77 (up from ₱0.45 in 2Q 2022). Revenue: ₱6.99b (up 17% from 2Q 2022). Net income: ₱1.72b (up 70% from 2Q 2022). Profit margin: 25% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Jul 30+ 1 more updateEast West Banking Corporation Appoints Daniel L. Ang Tan Chai as Senior Vice President, Effective August 1, 2023East West Banking Corporation at its regular meeting held on July 27, 2023, approved the hiring and appointment of Daniel L. Ang Tan Chai as Senior Vice President, effective August 1, 2023. Mr. Ang Tan Chai is a seasoned executive with more than 30 years of experience in Finance with a background in IT. He joined Filinvest Development Corporation (FDC) in July 2015 as Senior Vice President and Deputy CFO where he supported the Group CFO in the evaluation of new projects and other business opportunities. He also served as the Treasurer and CFO of FDC Utilities Inc, PDDC, PROMEI, and FLOW overseeing the Finance Division that includes Financial Accounting, Management Accounting, and Strategic Planning. Prior to joining FDC, he held the position of CFO for Philippine Bank of Communication and Air Philippines Express under Philippine Airlines withrank of EVP and SVP respectively.お知らせ • May 31East West Banking Corporation Announces Executive AppointmentsEast West Banking Corporation approved the hiring and appointment of the Joseph Gerard Tiamson Senior Vice President Head of Banking Operations Group effective June 1, 2023. Gerry brings with him 36 years of experience in the banking industry. He is currently a consultant in Spenn PH Inc. where his main responsibility is to identify, rollout and implement digital banking services for the unbanked sector in the Philippines. Gerry started his banking career with Citi in 1987. He rose from the ranks and eventually became a Manager in 1993. After his 7 years stint with Citi, he joined Unionbank as the Treasury Division head in 1994 and was with them for 2 years. He was invited by Standard Chartered in 1996 where he handled various roles and became the SVP for Wealth Management/Shared Distribution. After 10 years, he decided to join Export and Industry Bank in 2006 as the VP and Group Head for Business Center Management. He later joined Deutsche Knowledge Services in January 2012 and handled various roles where his last position was VP-Head of Talent and Development for Global Tech Operations for until 2015. Prior to joining Spenn as a consultant, he was the SVP for Central Operations Group in BDO from 2016 to 2017. Gerry earned his Bachelor of Science degree in Business Management at the Ateneo De Manila University in 1983. Atty. Lourdes A. Ona First Vice President Head of Legal Department and Assistant Corporate Secretary effective June 1, 2023 Atty. Lourdes A. Ona, is a CPA-Lawyer who joined the Bank in 2007 as Bank Lawyer, She was appointed as Head of Legal in June 2014. She is currently the Corporate Secretary of East West Rural Bank and East West Finance and Leasing and Director of two (2) subsidiaries of the Bank, Quest Marketing Services Inc. and Pasberfund Holdings Inc. Prior to joining EastWest, she worked with Union Bank of the Philippines, wherein she also assisted in Corporate Secretary works. She also worked with the Securities and Exchange Commission for 4 years, as processing lawyer for the first two years and the last two years as Hearing Officer. Thereafter she engaged in private practice for 4 years, specializing in corporate practice. Her experience and training in the corporate practice equipped her with the required skills for the proposed position.Reported Earnings • May 16First quarter 2023 earnings released: EPS: ₱0.70 (vs ₱0.23 in 1Q 2022)First quarter 2023 results: EPS: ₱0.70 (up from ₱0.23 in 1Q 2022). Revenue: ₱6.43b (up 42% from 1Q 2022). Net income: ₱1.58b (up 211% from 1Q 2022). Profit margin: 25% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • May 02Upcoming dividend of ₱0.41 per share at 5.5% yieldEligible shareholders must have bought the stock before 09 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (2.7%).Reported Earnings • Mar 30Full year 2022 earnings released: EPS: ₱2.06 (vs ₱2.01 in FY 2021)Full year 2022 results: EPS: ₱2.06 (up from ₱2.01 in FY 2021). Revenue: ₱23.3b (up 1.9% from FY 2021). Net income: ₱4.63b (up 2.4% from FY 2021). Profit margin: 20% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Board Change • Feb 27Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Cristina Que-Orbeta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 28East West Banking Corporation Appoints Zenaida A. Ong as Executive Vice President, Head of Corporate Banking GroupEast West Banking Corporation appointed Zenaida A. Ong as Executive Vice President, Head of Corporate Banking Group effective March 1, 2023 Ms. Ong has over 20 years of professional experience in the banking industry. Prior to joining EastWest Bank (EW), she was Region Head for Metro Manila Lending for Security Bank (SECB). Ms. Ong was responsible for the achievement of overall targets for Metro Manila Lending of the bank including total portfolio, net income, deposit and cross selling. She managed 4 Metro Manila Lending Hubs and handled about 80 personnel. Ms. Ong started her banking career at Solid Bank Corporation, a bank she stayed with for almost six years until she leftas a Senior Assistant Manager for Branch Lending Division - Metro Manila East. In August 2000, she joined REACH Networks Philippines Inc. as an Accounting Manager for more than 3 years then eventually moved to Cinema 2000Group of Companies for the same role for a little over 2 years. She returned to banking and joined Equitable PCI Bank (EPCIB) as a Senior Account Officer and later on joined BDO Unibank (BDO) after the merger, where she served as Senior Assistant Vice President, Team Head for Commercial Banking in South Luzon from March 2006 to January 2012. She initially handled loans in Northern Metro Manila area during her stint with EPCIB, then managed South Luzon region with BDO. She obtained her bachelor's degree in Accountancy from De La Salle University in 1993 and is a Certified Public Accountant.お知らせ • Jan 27East West Banking Corporation, Annual General Meeting, Apr 21, 2023East West Banking Corporation, Annual General Meeting, Apr 21, 2023, at 08:30 Singapore Standard Time. Agenda: To consider Minutes of the Annual Stockholders' Meeting held on April 22, 2022; to consider Ratification of the Audited Financial Statements for the year ending 31 December 2022; to consider Ratification of the Acts and Resolutions of the Board of Directors and Management; to consider Election of the Board of Directors; to consider Appointment of External Auditor; and to consider other matters.お知らせ • Dec 23East West Banking Corporation Announces Appointment of Senior OfficersEast West Banking Corporation announced that at the board metering held on Dec. 22, 2022, the company approved the appointment of Mr. Norman Martin C. Reyes as Senior Vice President /Group Head Bank Marketing and Corporate Communications, effective January 16, 2023 and Mr. Juan Alfonso D. Suarez - Executive Vice President and Group Head of Human Resources, effective January 3, 2023.お知らせ • Dec 13East West Banking Corporation Announces Demise of Mercedes T. Gotianun, Chairwoman EmeritusEast West Banking Corporation announced that the Mrs. Mercedes T. Gotianun, Chairwoman Emeritus of East West Banking Corporation, passed away yesterday, December 11, 2022.Recent Insider Transactions • Nov 29Insider recently bought ₱2.7m worth of stockOn the 28th of November, Jerry Ngo bought around 400k shares on-market at roughly ₱6.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱5.6m more in shares than they have sold in the last 12 months.Reported Earnings • Nov 17Third quarter 2022 earnings released: EPS: ₱0.67 (vs ₱0.58 in 3Q 2021)Third quarter 2022 results: EPS: ₱0.67 (up from ₱0.58 in 3Q 2021). Revenue: ₱6.29b (up 3.3% from 3Q 2021). Net income: ₱1.51b (up 17% from 3Q 2021). Profit margin: 24% (up from 21% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Cristina Que-Orbeta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 30East West Banking Corporation Announces Resignation of Pierre Leonard C. Monserrate, EVP and Group Head, Human Resources, Effective 31 October 2022The board of directors of East West Banking Corporation in its regular meeting held on September 29, 2022 ratified the resignation of Pierre Leonard C. Monserrate, EVP and Group Head, Human Resources, effective 31 October 2022.お知らせ • Sep 24East West Banking Corporation to Report Q3, 2022 Results on Oct 20, 2022East West Banking Corporation announced that they will report Q3, 2022 results at 9:30 AM, Singapore Standard Time on Oct 20, 2022Recent Insider Transactions • Sep 24President recently bought ₱1.9m worth of stockOn the 22nd of September, Jacqueline Fernandez bought around 300k shares on-market at roughly ₱6.50 per share. This transaction increased Jacqueline's direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jacqueline's only on-market trade for the last 12 months.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ₱0.45 (vs ₱0.79 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.45 (down from ₱0.79 in 2Q 2021). Revenue: ₱5.73b (down 11% from 2Q 2021). Net income: ₱1.01b (down 43% from 2Q 2021). Profit margin: 18% (down from 28% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year.Recent Insider Transactions • Jul 13Director recently bought ₱75k worth of stockOn the 11th of July, Lourdes Josephine Gotianun-Yap bought around 11k shares on-market at roughly ₱7.00 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱452k. Insiders have collectively bought ₱944k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jun 18Director recently bought ₱217k worth of stockOn the 16th of June, Lourdes Josephine Gotianun-Yap bought around 31k shares on-market at roughly ₱7.12 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱452k. Insiders have collectively bought ₱669k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jun 03Special Projects Officer & Director recently bought ₱452k worth of stockOn the 1st of June, Isabelle Therese Yap bought around 63k shares on-market at roughly ₱7.20 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.お知らせ • May 27+ 1 more updateEast West Banking Corporation Announces CEO ChangesEast West Banking Corporation announced top management changes as long-time Chief Executive Officer Antonio C. Moncupa Jr. steps down on December 31, 2022. Moncupa, who had been the Bank's CEO for the last 16 years, will remain as Vice Chairman of the Board. Mr. Jerry G. Ngo, a seasoned international banker, will assume the role of CEO on January 1, 2023. He is currently serving as Strategy Consultant for Filinvest Development Corporation, the Gotianun-led conglomerate and parent of East West Banking Corporation. Mr. Ngo, a native of Cebu, brings to EastWest his 30 years of banking and finance experience. He served as Group Chief Finance Officer and Independent Board Director of Saratoga Investama Sedaya, one of Indonesia's earliest and largest investment holding companies with a current market capitalization of $3 billion. Prior to this, he was the Institutional Banking Head and Executive Director for ANZ Bank Indonesia, and served as Managing Director for Vietnam, Laos, and Cambodia at Standard Chartered Bank. He also previously worked for Citibank where he held various roles in product management, sales, and operations in Manila, South Korea, and Singapore. Mr. Ngo earned his MBA from the University of Chicago-Booth School of Business and completed the Advanced Management Program at Harvard Business School. He received his Master of Management from the University of San Jose-Recoletos in Cebu City.Reported Earnings • May 17First quarter 2022 earnings released: EPS: ₱0.23 (vs ₱0.90 in 1Q 2021)First quarter 2022 results: EPS: ₱0.23 (down from ₱0.90 in 1Q 2021). Revenue: ₱4.78b (down 33% from 1Q 2021). Net income: ₱507.6m (down 75% from 1Q 2021). Profit margin: 11% (down from 29% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Apr 28Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 31 May 2022. The company last paid an ordinary dividend in June 2012. The average dividend yield among industry peers is 2.4%.Price Target Changed • Apr 27Price target increased to ₱15.60Up from ₱13.70, the current price target is provided by 1 analyst. New target price is 93% above last closing price of ₱8.08. Stock is down 17% over the past year. The company posted earnings per share of ₱2.01 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Cristina Que-Orbeta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 23East West Banking Corporation Approves the Declaration of Regular Cash Dividend, Payable on May 31, 2022The Board of Directors of East West Banking Corporation, in its special meeting held April 22, 2022, approved the declaration of regular cash dividends amounting to PHP 903,007,196.23 or 20% of previous year's net income. This is equivalent to PHP 0.40 per share, payable on May 31, 2022 to all stockholders of record as of May 11, 2022.Reported Earnings • Apr 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ₱2.01 (down from ₱2.89 in FY 2020). Revenue: ₱22.9b (down 3.0% from FY 2020). Net income: ₱4.52b (down 31% from FY 2020). Profit margin: 20% (down from 28% in FY 2020). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Mar 01East West Banking Corporation Announces Resignation of Angel Marie L. Pacis as Senior Vice President Effective March 1,2022East West Banking Corporation announced that the Board of Directors ratified the resignation of Angel Marie L. Pacis as Senior Vice President. Effective March 1, 2022.お知らせ • Jan 29East West Banking Corporation Announces Appointment of Independent DirectorsThe Board of Directors of East West Banking Corporation in its meeting held, approved the appointment of Ms Cristina Q. Orbeta and Ms Imelda B. Capistrano as Independent Directors of the Bank. Ms. Orbeta held various position at Central Bank of the Philippines in 1975 to 1993. She then became a Director at Management of External Debt Department of Central Bank in 1993 to 1999 and eventually became an Executive Director in the Central Bank Board of Liquidators. Ms. Capistrano has 40 years of experience in the banking industry and is a former Director and Country Manager at Wells Fargo Bank, Manila Representative Office from June 2010 to May 2021. As a chief representative of Wells Fargo Manila Representative Office, she is responsible for Wells Fargo's governance, adherence to local rules and regulations and financial institution relationships in the Philippines. She also represents Wells Fargo Manila Office in local, regional and global conferences or meetings. Among her key accomplishments are established relationships across customers, which reflected in the yearly growth in business directed to Wells Fargo over the years and smooth transition of customers and closure of the Manila Representative Office last May 2021.お知らせ • Jan 28East West Banking Corporation, Annual General Meeting, Apr 22, 2022East West Banking Corporation, Annual General Meeting, Apr 22, 2022, at 08:30 China Standard Time. Agenda: To consider ratification of the audited financial statements for the year ending December 31, 2021; to consider ratification of the Acts and Resolutions of the Board of Directors and Management for 2021; to consider election of the members of the board of directors including four (4) independent directors to serve for 2022-2023 ; to consider appointment of external auditor; and to consider other matters.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ₱0.58 (vs ₱0.65 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₱6.09b (flat on 3Q 2020). Net income: ₱1.30b (down 12% from 3Q 2020). Profit margin: 21% (down from 24% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Executive Departure • Oct 06Director Nelson Bona has left the companyOn the 30th of September, Nelson Bona's tenure as Director ended after 1.7 years in the role. As of June 2021, Nelson still personally held only 5.00 shares (₱52.0 worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 8.79 years.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ₱0.79 (vs ₱0.98 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₱6.46b (up 62% from 2Q 2020). Net income: ₱1.78b (down 19% from 2Q 2020). Profit margin: 28% (down from 55% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Executive Departure • Aug 04Senior VP & Chief Audit Executive Eloida Oquialda has left the companyOn the 27th of July, Eloida Oquialda's tenure as Senior VP & Chief Audit Executive ended after 6.2 years in the role. We don't have any record of a personal shareholding under Eloida's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 8.63 years.Recent Insider Transactions • Jun 05Special Projects Officer & Director recently bought ₱908k worth of stockOn the 2nd of June, Isabelle Therese Yap bought around 96k shares on-market at roughly ₱9.42 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱6.6m more in shares than they have sold in the last 12 months.Major Estimate Revision • Jun 05Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₱34.2b to ₱30.2b. EPS estimate increased from ₱3.20 to ₱3.28 per share. Net income forecast to grow 20% next year vs 31% growth forecast for Banks industry in Philippines. Consensus price target down from ₱17.88 to ₱13.70. Share price rose 4.3% to ₱9.65 over the past week.株主還元EWPH BanksPH 市場7D-2.9%-0.9%-0.4%1Y18.6%-22.8%-11.2%株主還元を見る業界別リターン: EW過去 1 年間で-22.8 % の収益を上げたPH Banks業界を上回りました。リターン対市場: EW過去 1 年間で-11.2 % の収益を上げたPH市場を上回りました。価格変動Is EW's price volatile compared to industry and market?EW volatilityEW Average Weekly Movement2.9%Banks Industry Average Movement4.5%Market Average Movement5.2%10% most volatile stocks in PH Market10.4%10% least volatile stocks in PH Market2.8%安定した株価: EW 、 PH市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: EWの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19946,800Jerry Ngowww.eastwestbanker.comイーストウエスト・バンキング・コーポレーションは子会社とともに商業銀行として、フィリピン国内外 の個人・法人顧客に幅広い金融商品・サービスを提供している。リテール・バンキング、コーポレート・バンキング、コンシューマー・バンキング、トレジャリー＆トラスト・セグメントを通じて事業を展開している。普通預金、当座預金、定期預金、外貨預金口座、自動車ローン、住宅ローン、給与ローン、個人ローン、住宅ローン、ビジネスローン、法人ローンを提供している。また、デビットカード、クレジットカード、プリペイドカード、信託サービス（ファンド管理、投資管理、保管、管理、担保代理、株式・証券代行など）、キャッシュマネジメントサービス（給与計算、出納、回収、流動性管理など）も提供している。さらに、運転資金融資やファシリティ、フロア・ストック・ファイナンス、保証、手形買取、ターム・ファイナンス、トレード・ファイナンス・サービスなどの法人向けクレジット・ファシリティ、債券や外国為替商品などのヘッジ・投資商品も提供している。さらに、リボルビング・クレジット・ファシリティ、貿易小切手割引枠、約束手形枠、オムニバス・ライン、輸出前貸枠、信用状、信託受入枠、ターム・ローン、手形買取サービスなどの中小企業向けバンキング・サービス、証券引受および財務アドバイザリー・サービスから成る投資銀行サービス、損害保険仲介、ファイナンスおよびリース・サービス、バンカシュアランス、消費者向けバンキング、損害保険およびマーケティング、生命保険サービス、ATM、インターネット、モバイル、テレフォン・バンキング・サービスも提供している。イースト・ウエスト・バンキング・コーポレーションは1994年に設立され、フィリピンのタギッグ市に拠点を置く。もっと見るEast West Banking Corporation 基礎のまとめEast West Banking の収益と売上を時価総額と比較するとどうか。EW 基礎統計学時価総額₱28.39b収益（TTM）₱9.24b売上高(TTM)₱36.73b3.1xPER（株価収益率0.3xPBR（株価純資産倍率EW は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計EW 損益計算書（TTM）収益₱36.73b売上原価₱311.36m売上総利益₱36.42bその他の費用₱27.18b収益₱9.24b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.11グロス・マージン99.15%純利益率25.16%有利子負債／自己資本比率29.3%EW の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.4%現在の配当利回り18%配当性向EW 配当は確実ですか？EW 配当履歴とベンチマークを見るEW 、いつまでに購入すれば配当金を受け取れますか？East West Banking 配当日配当落ち日May 08 2026配当支払日May 29 2026配当落ちまでの日数15 days配当支払日までの日数6 daysEW 配当は確実ですか？EW 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 10:28終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋East West Banking Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Alfred DyCLSACharmaine CoCOL Financial Group, IncHarsh Wardhan ModiJ.P. Morgan2 その他のアナリストを表示
Recent Insider Transactions • May 19Insider recently bought ₱297k worth of stockOn the 13th of May, Wilfredo Montino bought around 23k shares on-market at roughly ₱13.10 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.5m. Insiders have collectively bought ₱16m more in shares than they have sold in the last 12 months.
Reported Earnings • May 17First quarter 2026 earnings released: EPS: ₱0.82 (vs ₱0.82 in 1Q 2025)First quarter 2026 results: EPS: ₱0.82 (up from ₱0.82 in 1Q 2025). Revenue: ₱8.58b (flat on 1Q 2025). Net income: ₱1.86b (up 1.1% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
Declared Dividend • Apr 25Dividend increased to ₱0.82Dividend of ₱0.82 is 21% higher than last year. Ex-date: 8th May 2026 Payment date: 29th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 23+ 1 more updateEast West Banking Corporation Declares Cash Dividend, Payable on May 29, 2026East West Banking Corporation, at its Annual Stockholders' Meeting held on April 23, 2026, approved the cash dividend declaration in the amount of PHP 0.82 per share, payable on May 29, 2026 to all stockholders of record as of May 11, 2026.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: ₱4.10 (vs ₱3.38 in FY 2024)Full year 2025 results: EPS: ₱4.10 (up from ₱3.38 in FY 2024). Revenue: ₱36.8b (up 12% from FY 2024). Net income: ₱9.22b (up 21% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.
Recent Insider Transactions • Mar 18Chief Executive Officer recently bought ₱445k worth of stockOn the 13th of March, Jerry Ngo bought around 34k shares on-market at roughly ₱13.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱13m worth in shares.
Recent Insider Transactions • May 19Insider recently bought ₱297k worth of stockOn the 13th of May, Wilfredo Montino bought around 23k shares on-market at roughly ₱13.10 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.5m. Insiders have collectively bought ₱16m more in shares than they have sold in the last 12 months.
Reported Earnings • May 17First quarter 2026 earnings released: EPS: ₱0.82 (vs ₱0.82 in 1Q 2025)First quarter 2026 results: EPS: ₱0.82 (up from ₱0.82 in 1Q 2025). Revenue: ₱8.58b (flat on 1Q 2025). Net income: ₱1.86b (up 1.1% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
Declared Dividend • Apr 25Dividend increased to ₱0.82Dividend of ₱0.82 is 21% higher than last year. Ex-date: 8th May 2026 Payment date: 29th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 23+ 1 more updateEast West Banking Corporation Declares Cash Dividend, Payable on May 29, 2026East West Banking Corporation, at its Annual Stockholders' Meeting held on April 23, 2026, approved the cash dividend declaration in the amount of PHP 0.82 per share, payable on May 29, 2026 to all stockholders of record as of May 11, 2026.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: ₱4.10 (vs ₱3.38 in FY 2024)Full year 2025 results: EPS: ₱4.10 (up from ₱3.38 in FY 2024). Revenue: ₱36.8b (up 12% from FY 2024). Net income: ₱9.22b (up 21% from FY 2024). Profit margin: 25% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.
Recent Insider Transactions • Mar 18Chief Executive Officer recently bought ₱445k worth of stockOn the 13th of March, Jerry Ngo bought around 34k shares on-market at roughly ₱13.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱13m worth in shares.
Recent Insider Transactions • Mar 10Chief Executive Officer recently bought ₱1.1m worth of stockOn the 6th of March, Jerry Ngo bought around 82k shares on-market at roughly ₱13.29 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱12m worth in shares.
Recent Insider Transactions • Mar 05Chief Executive Officer recently bought ₱240k worth of stockOn the 27th of February, Jerry Ngo bought around 18k shares on-market at roughly ₱13.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱11m worth in shares.
お知らせ • Jan 30East West Banking Corporation, Annual General Meeting, Apr 23, 2026East West Banking Corporation, Annual General Meeting, Apr 23, 2026, at 08:30 W. Australia Standard Time.
Recent Insider Transactions • Dec 23Chief Executive Officer recently bought ₱658k worth of stockOn the 17th of December, Jerry Ngo bought around 57k shares on-market at roughly ₱11.48 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱11m worth in shares.
Recent Insider Transactions • Dec 10Chief Executive Officer recently bought ₱899k worth of stockOn the 5th of December, Jerry Ngo bought around 78k shares on-market at roughly ₱11.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱10m worth in shares.
Buy Or Sell Opportunity • Dec 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.0% to ₱11.34. The fair value is estimated to be ₱14.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 23%.
Recent Insider Transactions • Nov 25Chief Executive Officer recently bought ₱96k worth of stockOn the 17th of November, Jerry Ngo bought around 8k shares on-market at roughly ₱11.38 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.1m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱9.2m worth in shares.
Buy Or Sell Opportunity • Nov 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to ₱11.26. The fair value is estimated to be ₱14.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 23%.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ₱0.10 (vs ₱1.03 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.10. Revenue: ₱9.69b (up 7.1% from 3Q 2024). Net income: ₱2.48b (up 6.8% from 3Q 2024). Profit margin: 26% (in line with 3Q 2024).
Recent Insider Transactions • Nov 18Chief Executive Officer recently bought ₱1.1m worth of stockOn the 14th of November, Jerry Ngo bought around 92k shares on-market at roughly ₱11.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱9.1m worth in shares.
Recent Insider Transactions • Nov 11Chief Executive Officer recently bought ₱495k worth of stockOn the 7th of November, Jerry Ngo bought around 43k shares on-market at roughly ₱11.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱975k. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱8.0m worth in shares.
Recent Insider Transactions • Oct 28Chief Executive Officer recently bought ₱975k worth of stockOn the 21st of October, Jerry Ngo bought around 85k shares on-market at roughly ₱11.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱7.5m worth in shares.
Buy Or Sell Opportunity • Oct 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.2% to ₱11.40. The fair value is estimated to be ₱14.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 29%.
Recent Insider Transactions • Oct 22Chief Executive Officer recently bought ₱469k worth of stockOn the 17th of October, Jerry Ngo bought around 41k shares on-market at roughly ₱11.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱6.5m worth in shares.
Recent Insider Transactions • Oct 14Chief Executive Officer recently bought ₱97k worth of stockOn the 10th of October, Jerry Ngo bought around 9k shares on-market at roughly ₱11.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱407k. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱6.1m worth in shares.
Buy Or Sell Opportunity • Oct 10Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to ₱11.42. The fair value is estimated to be ₱14.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 29%.
お知らせ • Aug 28East West Banking Corporation Approves the Appointment of Ramon Vicente De Vera II as Senior Vice President, Chief Business Development Officer, Effective October 16, 2025East West Banking Corporation Board of Directors, in its regular meeting on August 28, 2025, approved the appointment of Mr. Ramon Vicente De Vera II as Senior Vice President, Chief Business Development Officer effective October 16, 2025. Mr. De Vera is a seasoned fintech transformation strategist with over 20 years of experience spanning traditional banking, digital ventures, and emerging technologies. He joins EastWest Bank from BDO Unibank, where he led digital transformation initiatives such as branch modernization, MSME lending, and generative AI integration. He began his career at Standard Chartered and Citibank, later taking on strategic roles at TV5 and Globe Telecom, where he drove media innovation and rural market expansion. From 2010 to 2021, he was with UnionBank, leading multiple business units and co-founded UnionDigital Bank. In 2023, he served as Strategic Advisor to Aboitiz Data Innovation, helping shape its AI and data strategy. Mr. De Vera II holds a Philosophy degree from Ateneo de Manila University (1997) and a Master's in Business Management from the Asian Institute of Management (2001), both earned with Dean's List honors.
Recent Insider Transactions • Aug 27Chief Executive Officer recently bought ₱67k worth of stockOn the 19th of August, Jerry Ngo bought around 6k shares on-market at roughly ₱12.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱6.0m worth in shares.
Recent Insider Transactions • Aug 19Chief Executive Officer recently bought ₱407k worth of stockOn the 15th of August, Jerry Ngo bought around 32k shares on-market at roughly ₱12.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱5.9m worth in shares.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₱1.02 (vs ₱0.79 in 2Q 2024)Second quarter 2025 results: EPS: ₱1.02 (up from ₱0.79 in 2Q 2024). Revenue: ₱9.10b (up 14% from 2Q 2024). Net income: ₱2.30b (up 28% from 2Q 2024). Profit margin: 25% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Aug 12Chief Executive Officer recently bought ₱104k worth of stockOn the 8th of August, Jerry Ngo bought around 8k shares on-market at roughly ₱12.96 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱5.5m worth in shares.
Recent Insider Transactions • Jul 22Chief Executive Officer recently bought ₱167k worth of stockOn the 18th of July, Jerry Ngo bought around 15k shares on-market at roughly ₱11.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱5.3m worth in shares.
Recent Insider Transactions • Jul 15Chief Executive Officer recently bought ₱546k worth of stockOn the 11th of July, Jerry Ngo bought around 49k shares on-market at roughly ₱11.09 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱4.5m worth in shares.
Recent Insider Transactions • Jul 03Chief Executive Officer recently bought ₱274k worth of stockOn the 30th of June, Jerry Ngo bought around 25k shares on-market at roughly ₱10.96 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱2.0m worth in shares.
Recent Insider Transactions • Jun 17Chief Executive Officer recently bought ₱763k worth of stockOn the 11th of June, Jerry Ngo bought around 73k shares on-market at roughly ₱10.42 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. Jerry has been a buyer over the last 12 months, purchasing a net total of ₱1.7m worth in shares.
Recent Insider Transactions • Jun 10Chief Executive Officer recently bought ₱957k worth of stockOn the 5th of June, Jerry Ngo bought around 90k shares on-market at roughly ₱10.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.0m. This was Jerry's only on-market trade for the last 12 months.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ₱0.82 (vs ₱0.76 in 1Q 2024)First quarter 2025 results: EPS: ₱0.82 (up from ₱0.76 in 1Q 2024). Revenue: ₱8.62b (up 9.7% from 1Q 2024). Net income: ₱1.84b (up 8.0% from 1Q 2024). Profit margin: 21% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 27Dividend increased to ₱0.68Dividend of ₱0.68 is 26% higher than last year. Ex-date: 9th May 2025 Payment date: 31st May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.1%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 4.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 24East West Banking Corporation Approves Cash Dividend, Payable on May 31, 2025East West Banking Corporation at its AGM held on April 24, 2025, approved cash dividend declaration in the amount of PHP 0.68 per share, payable on May 31, 2025 to all stockholders of record as of May 12, 2025.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱3.38 (vs ₱2.70 in FY 2023)Full year 2024 results: EPS: ₱3.38 (up from ₱2.70 in FY 2023). Revenue: ₱32.8b (up 17% from FY 2023). Net income: ₱7.61b (up 25% from FY 2023). Profit margin: 23% (up from 22% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 26New major risk - Revenue and earnings growthEarnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Feb 28East West Banking Corporation Announces Retirement of Atty. Lourdes A. Ona as Head of the Legal Services GroupEast West Banking Corporation in its regular meeting 27 February 2025, approved the retirement of Atty. Lourdes A. Ona as Head of the Legal Services Group effective February 28, 2025, and continuation of her function as Head of Legal from March 01, 2025, to March 31, 2025, under Fixed Term Executive employment status.
お知らせ • Jan 30East West Banking Corporation, Annual General Meeting, Apr 24, 2025East West Banking Corporation, Annual General Meeting, Apr 24, 2025, at 08:30 W. Australia Standard Time.
Recent Insider Transactions • Nov 20Insider recently bought ₱985k worth of stockOn the 13th of November, Sree Sundaram bought around 100k shares on-market at roughly ₱9.85 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱11m more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: ₱1.03 (vs ₱0.69 in 3Q 2023)Third quarter 2024 results: EPS: ₱1.03 (up from ₱0.69 in 3Q 2023). Revenue: ₱9.04b (up 24% from 3Q 2023). Net income: ₱2.32b (up 49% from 3Q 2023). Profit margin: 26% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Recent Insider Transactions • Sep 18Insider recently bought ₱264k worth of stockOn the 13th of September, Rafael Algarra bought around 30k shares on-market at roughly ₱8.80 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱404k. Insiders have collectively bought ₱11m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Sep 07Insider recently bought ₱404k worth of stockOn the 3rd of September, Rafael Algarra bought around 46k shares on-market at roughly ₱8.89 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱11m more in shares than they have sold in the last 12 months.
Price Target Changed • Aug 23Price target increased by 8.2% to ₱11.20Up from ₱10.35, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₱9.08. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₱3.12 for next year compared to ₱2.70 last year.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₱0.79 (vs ₱0.77 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.79 (up from ₱0.77 in 2Q 2023). Revenue: ₱7.96b (up 14% from 2Q 2023). Net income: ₱1.79b (up 3.7% from 2Q 2023). Profit margin: 23% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • May 17Chief Executive Officer recently bought ₱8.7m worth of stockOn the 15th of May, Jerry Ngo bought around 904k shares on-market at roughly ₱9.66 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jerry's only on-market trade for the last 12 months.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ₱0.76 (vs ₱0.70 in 1Q 2023)First quarter 2024 results: EPS: ₱0.76 (up from ₱0.70 in 1Q 2023). Revenue: ₱7.86b (up 22% from 1Q 2023). Net income: ₱1.70b (up 7.7% from 1Q 2023). Profit margin: 22% (down from 25% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 10Upcoming dividend of ₱0.54 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (3.4%).
Recent Insider Transactions • Apr 30President & Director recently bought ₱707k worth of stockOn the 25th of April, Jacqueline Fernandez bought around 76k shares on-market at roughly ₱9.30 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jacqueline has been a buyer over the last 12 months, purchasing a net total of ₱1.7m worth in shares.
Declared Dividend • Apr 23Dividend increased to ₱0.54Dividend of ₱0.54 is 32% higher than last year. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by earnings (14% payout ratio) and is expected to be well covered in 3 years' time (13% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 20+ 1 more updateEast West Banking Corporation Announces Cash Dividend, Payable on May 31, 2024The Board of Directors of East West Banking Corporation, in its special meeting held April 19, 2024, approved the declaration of cash dividends in the amount of PHP 0.54 per share, payable on May 31, 2024 to all stockholders of record as of May 17, 2024.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: ₱2.70 (vs ₱2.06 in FY 2022)Full year 2023 results: EPS: ₱2.70 (up from ₱2.06 in FY 2022). Revenue: ₱28.0b (up 20% from FY 2022). Net income: ₱6.08b (up 32% from FY 2022). Profit margin: 22% (up from 20% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.
お知らせ • Jan 27East West Banking Corporation Announces the Appointment of Annaliza Guanco Tan-Cimafranca as Senior Vice PresidentEast West Banking Corporation announced the appointment of Ms. Annaliza Guanco Tan-Cimafranca as Senior Vice President under the Office of the CEO effective January 25, 2024. Ms. Cimafranca is a highly seasoned professional with an impressive 27-year career marked by significant achievements in governance roles, particularly in the financial sector. With a remarkable 19 years of risk-based supervisory experience, Anna has successfully managed diverse BSP-supervised entities, including universal and commercial banks, as well as subsidiaries of foreign, thrift, rural, and cooperative banks. She is currently serving as the Senior Vice President of Filinvest Land. Anna earned her Bachelor of Science degree in Accountancy in Polytechnic University of the Philippines in March 1997, Magna Cum Laude. She obtained her Master's Degree in Business Administration at De La Salle University with distinction in December 2003. She finished her Chief Strategy Officer's Program at the National University of Singapore last November 2023.
お知らせ • Jan 26East West Banking Corporation, Annual General Meeting, Apr 19, 2024East West Banking Corporation, Annual General Meeting, Apr 19, 2024, at 08:30 Singapore Standard Time. Agenda: To consider Ratification of the Audited Financial Statements for the year ending 31 December 2023; to consider Ratification of the Acts and Resolutions of the Board of Directors and Management for 2023; to consider Election of the member of the Board of Directors to serve for 2024-2025; to consider Appointment of External Auditor; and to consider any other matters.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₱0.69 (vs ₱0.67 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.69 (up from ₱0.67 in 3Q 2022). Revenue: ₱7.27b (up 16% from 3Q 2022). Net income: ₱1.56b (up 3.2% from 3Q 2022). Profit margin: 21% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings have declined by 4.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Recent Insider Transactions • Oct 05Senior EVP & Head of Retail Banking recently bought ₱945k worth of stockOn the 29th of September, Gerardo Susmerano bought around 100k shares on-market at roughly ₱9.45 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱5.3m more in shares than they have sold in the last 12 months.
お知らせ • Sep 29East West Banking Corporation Announces Executive ChangesEast West Banking Corporation announced that during the Regular Meeting of the Board of Directors of East West Banking Corporation held on September 28, 2023, the Board of Directors: Elected a new member of the Board in the person of Ms. Rhoda "Chiqui" A. Huang, to fill the Board seat left by Mr. Francis C. Gotianun, who as Filinvest Development Corporation (FDC) director will focus on his leadership role in Filinvest Hospitality. Ms. Huang is an invaluable addition to the Bank's Board of Directors, bringing more than thirty (30) years of experience in Philippine corporate, financial institutions. Prior to joining FDC, she was President of BPI Capital Corporation. She was also the former Branch Head of Investment Banking for Credit Suisse Philippines and spent 19 years at JP Morgan Chase and its predecessor institutions. She has led various aspects of investment banking, including handling mergers and acquisitions, facilitating equity-linked transactions, managing equity and debt capital markets, overseeing structured products and lending, as well has handling risk management. Ms. Huang completed her Bachelor's Degree in Business Administration and Accountancy at the University of the Philippines and is a Certified Public Accountant.; and approved the promotion of Mr. Rene Peralta from First Vice President to Senior Vice President. Mr. Peralta was recently appointed as the Bank's the Chief Corporate Credit Officer (CCCO) as part of the Bank's strategy refresh and evolved goals. As CCCO he is primarily responsible for leading the independent review and assessment of the corporate loan portfolio and providing the credit management framework for the Bank's corporate lending business. He also serves as the Chairman of the Bank's Credit Committee. Mr. Peralta brings with him over 30 years of professional experience in the banking industry particularly in the areas of credit, account management, FX trading and stock brokerage. Prior to EW, he was the Securities Head of United Coconut Planters Bank. Mr. Peralta is a graduate of AB Economics from Ateneo De Manila University.
お知らせ • Sep 01East West Banking Corporation Announces Resignation of Francis Nathaniel C. Gotianun, DirectorEast West Banking Corporation announced that at its board meeting held on August 31, 2023, approved the resignation of Mr. Francis Nathaniel C. Gotianun, Director of the Bank, effective September 1, 2023.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: ₱0.77 (vs ₱0.45 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.77 (up from ₱0.45 in 2Q 2022). Revenue: ₱6.99b (up 17% from 2Q 2022). Net income: ₱1.72b (up 70% from 2Q 2022). Profit margin: 25% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 30+ 1 more updateEast West Banking Corporation Appoints Daniel L. Ang Tan Chai as Senior Vice President, Effective August 1, 2023East West Banking Corporation at its regular meeting held on July 27, 2023, approved the hiring and appointment of Daniel L. Ang Tan Chai as Senior Vice President, effective August 1, 2023. Mr. Ang Tan Chai is a seasoned executive with more than 30 years of experience in Finance with a background in IT. He joined Filinvest Development Corporation (FDC) in July 2015 as Senior Vice President and Deputy CFO where he supported the Group CFO in the evaluation of new projects and other business opportunities. He also served as the Treasurer and CFO of FDC Utilities Inc, PDDC, PROMEI, and FLOW overseeing the Finance Division that includes Financial Accounting, Management Accounting, and Strategic Planning. Prior to joining FDC, he held the position of CFO for Philippine Bank of Communication and Air Philippines Express under Philippine Airlines withrank of EVP and SVP respectively.
お知らせ • May 31East West Banking Corporation Announces Executive AppointmentsEast West Banking Corporation approved the hiring and appointment of the Joseph Gerard Tiamson Senior Vice President Head of Banking Operations Group effective June 1, 2023. Gerry brings with him 36 years of experience in the banking industry. He is currently a consultant in Spenn PH Inc. where his main responsibility is to identify, rollout and implement digital banking services for the unbanked sector in the Philippines. Gerry started his banking career with Citi in 1987. He rose from the ranks and eventually became a Manager in 1993. After his 7 years stint with Citi, he joined Unionbank as the Treasury Division head in 1994 and was with them for 2 years. He was invited by Standard Chartered in 1996 where he handled various roles and became the SVP for Wealth Management/Shared Distribution. After 10 years, he decided to join Export and Industry Bank in 2006 as the VP and Group Head for Business Center Management. He later joined Deutsche Knowledge Services in January 2012 and handled various roles where his last position was VP-Head of Talent and Development for Global Tech Operations for until 2015. Prior to joining Spenn as a consultant, he was the SVP for Central Operations Group in BDO from 2016 to 2017. Gerry earned his Bachelor of Science degree in Business Management at the Ateneo De Manila University in 1983. Atty. Lourdes A. Ona First Vice President Head of Legal Department and Assistant Corporate Secretary effective June 1, 2023 Atty. Lourdes A. Ona, is a CPA-Lawyer who joined the Bank in 2007 as Bank Lawyer, She was appointed as Head of Legal in June 2014. She is currently the Corporate Secretary of East West Rural Bank and East West Finance and Leasing and Director of two (2) subsidiaries of the Bank, Quest Marketing Services Inc. and Pasberfund Holdings Inc. Prior to joining EastWest, she worked with Union Bank of the Philippines, wherein she also assisted in Corporate Secretary works. She also worked with the Securities and Exchange Commission for 4 years, as processing lawyer for the first two years and the last two years as Hearing Officer. Thereafter she engaged in private practice for 4 years, specializing in corporate practice. Her experience and training in the corporate practice equipped her with the required skills for the proposed position.
Reported Earnings • May 16First quarter 2023 earnings released: EPS: ₱0.70 (vs ₱0.23 in 1Q 2022)First quarter 2023 results: EPS: ₱0.70 (up from ₱0.23 in 1Q 2022). Revenue: ₱6.43b (up 42% from 1Q 2022). Net income: ₱1.58b (up 211% from 1Q 2022). Profit margin: 25% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 02Upcoming dividend of ₱0.41 per share at 5.5% yieldEligible shareholders must have bought the stock before 09 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (2.7%).
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: ₱2.06 (vs ₱2.01 in FY 2021)Full year 2022 results: EPS: ₱2.06 (up from ₱2.01 in FY 2021). Revenue: ₱23.3b (up 1.9% from FY 2021). Net income: ₱4.63b (up 2.4% from FY 2021). Profit margin: 20% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Board Change • Feb 27Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Cristina Que-Orbeta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 28East West Banking Corporation Appoints Zenaida A. Ong as Executive Vice President, Head of Corporate Banking GroupEast West Banking Corporation appointed Zenaida A. Ong as Executive Vice President, Head of Corporate Banking Group effective March 1, 2023 Ms. Ong has over 20 years of professional experience in the banking industry. Prior to joining EastWest Bank (EW), she was Region Head for Metro Manila Lending for Security Bank (SECB). Ms. Ong was responsible for the achievement of overall targets for Metro Manila Lending of the bank including total portfolio, net income, deposit and cross selling. She managed 4 Metro Manila Lending Hubs and handled about 80 personnel. Ms. Ong started her banking career at Solid Bank Corporation, a bank she stayed with for almost six years until she leftas a Senior Assistant Manager for Branch Lending Division - Metro Manila East. In August 2000, she joined REACH Networks Philippines Inc. as an Accounting Manager for more than 3 years then eventually moved to Cinema 2000Group of Companies for the same role for a little over 2 years. She returned to banking and joined Equitable PCI Bank (EPCIB) as a Senior Account Officer and later on joined BDO Unibank (BDO) after the merger, where she served as Senior Assistant Vice President, Team Head for Commercial Banking in South Luzon from March 2006 to January 2012. She initially handled loans in Northern Metro Manila area during her stint with EPCIB, then managed South Luzon region with BDO. She obtained her bachelor's degree in Accountancy from De La Salle University in 1993 and is a Certified Public Accountant.
お知らせ • Jan 27East West Banking Corporation, Annual General Meeting, Apr 21, 2023East West Banking Corporation, Annual General Meeting, Apr 21, 2023, at 08:30 Singapore Standard Time. Agenda: To consider Minutes of the Annual Stockholders' Meeting held on April 22, 2022; to consider Ratification of the Audited Financial Statements for the year ending 31 December 2022; to consider Ratification of the Acts and Resolutions of the Board of Directors and Management; to consider Election of the Board of Directors; to consider Appointment of External Auditor; and to consider other matters.
お知らせ • Dec 23East West Banking Corporation Announces Appointment of Senior OfficersEast West Banking Corporation announced that at the board metering held on Dec. 22, 2022, the company approved the appointment of Mr. Norman Martin C. Reyes as Senior Vice President /Group Head Bank Marketing and Corporate Communications, effective January 16, 2023 and Mr. Juan Alfonso D. Suarez - Executive Vice President and Group Head of Human Resources, effective January 3, 2023.
お知らせ • Dec 13East West Banking Corporation Announces Demise of Mercedes T. Gotianun, Chairwoman EmeritusEast West Banking Corporation announced that the Mrs. Mercedes T. Gotianun, Chairwoman Emeritus of East West Banking Corporation, passed away yesterday, December 11, 2022.
Recent Insider Transactions • Nov 29Insider recently bought ₱2.7m worth of stockOn the 28th of November, Jerry Ngo bought around 400k shares on-market at roughly ₱6.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱5.6m more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 17Third quarter 2022 earnings released: EPS: ₱0.67 (vs ₱0.58 in 3Q 2021)Third quarter 2022 results: EPS: ₱0.67 (up from ₱0.58 in 3Q 2021). Revenue: ₱6.29b (up 3.3% from 3Q 2021). Net income: ₱1.51b (up 17% from 3Q 2021). Profit margin: 24% (up from 21% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Cristina Que-Orbeta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 30East West Banking Corporation Announces Resignation of Pierre Leonard C. Monserrate, EVP and Group Head, Human Resources, Effective 31 October 2022The board of directors of East West Banking Corporation in its regular meeting held on September 29, 2022 ratified the resignation of Pierre Leonard C. Monserrate, EVP and Group Head, Human Resources, effective 31 October 2022.
お知らせ • Sep 24East West Banking Corporation to Report Q3, 2022 Results on Oct 20, 2022East West Banking Corporation announced that they will report Q3, 2022 results at 9:30 AM, Singapore Standard Time on Oct 20, 2022
Recent Insider Transactions • Sep 24President recently bought ₱1.9m worth of stockOn the 22nd of September, Jacqueline Fernandez bought around 300k shares on-market at roughly ₱6.50 per share. This transaction increased Jacqueline's direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jacqueline's only on-market trade for the last 12 months.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ₱0.45 (vs ₱0.79 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.45 (down from ₱0.79 in 2Q 2021). Revenue: ₱5.73b (down 11% from 2Q 2021). Net income: ₱1.01b (down 43% from 2Q 2021). Profit margin: 18% (down from 28% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year.
Recent Insider Transactions • Jul 13Director recently bought ₱75k worth of stockOn the 11th of July, Lourdes Josephine Gotianun-Yap bought around 11k shares on-market at roughly ₱7.00 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱452k. Insiders have collectively bought ₱944k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jun 18Director recently bought ₱217k worth of stockOn the 16th of June, Lourdes Josephine Gotianun-Yap bought around 31k shares on-market at roughly ₱7.12 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱452k. Insiders have collectively bought ₱669k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jun 03Special Projects Officer & Director recently bought ₱452k worth of stockOn the 1st of June, Isabelle Therese Yap bought around 63k shares on-market at roughly ₱7.20 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
お知らせ • May 27+ 1 more updateEast West Banking Corporation Announces CEO ChangesEast West Banking Corporation announced top management changes as long-time Chief Executive Officer Antonio C. Moncupa Jr. steps down on December 31, 2022. Moncupa, who had been the Bank's CEO for the last 16 years, will remain as Vice Chairman of the Board. Mr. Jerry G. Ngo, a seasoned international banker, will assume the role of CEO on January 1, 2023. He is currently serving as Strategy Consultant for Filinvest Development Corporation, the Gotianun-led conglomerate and parent of East West Banking Corporation. Mr. Ngo, a native of Cebu, brings to EastWest his 30 years of banking and finance experience. He served as Group Chief Finance Officer and Independent Board Director of Saratoga Investama Sedaya, one of Indonesia's earliest and largest investment holding companies with a current market capitalization of $3 billion. Prior to this, he was the Institutional Banking Head and Executive Director for ANZ Bank Indonesia, and served as Managing Director for Vietnam, Laos, and Cambodia at Standard Chartered Bank. He also previously worked for Citibank where he held various roles in product management, sales, and operations in Manila, South Korea, and Singapore. Mr. Ngo earned his MBA from the University of Chicago-Booth School of Business and completed the Advanced Management Program at Harvard Business School. He received his Master of Management from the University of San Jose-Recoletos in Cebu City.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: ₱0.23 (vs ₱0.90 in 1Q 2021)First quarter 2022 results: EPS: ₱0.23 (down from ₱0.90 in 1Q 2021). Revenue: ₱4.78b (down 33% from 1Q 2021). Net income: ₱507.6m (down 75% from 1Q 2021). Profit margin: 11% (down from 29% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Apr 28Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 31 May 2022. The company last paid an ordinary dividend in June 2012. The average dividend yield among industry peers is 2.4%.
Price Target Changed • Apr 27Price target increased to ₱15.60Up from ₱13.70, the current price target is provided by 1 analyst. New target price is 93% above last closing price of ₱8.08. Stock is down 17% over the past year. The company posted earnings per share of ₱2.01 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Cristina Que-Orbeta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 23East West Banking Corporation Approves the Declaration of Regular Cash Dividend, Payable on May 31, 2022The Board of Directors of East West Banking Corporation, in its special meeting held April 22, 2022, approved the declaration of regular cash dividends amounting to PHP 903,007,196.23 or 20% of previous year's net income. This is equivalent to PHP 0.40 per share, payable on May 31, 2022 to all stockholders of record as of May 11, 2022.
Reported Earnings • Apr 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ₱2.01 (down from ₱2.89 in FY 2020). Revenue: ₱22.9b (down 3.0% from FY 2020). Net income: ₱4.52b (down 31% from FY 2020). Profit margin: 20% (down from 28% in FY 2020). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Mar 01East West Banking Corporation Announces Resignation of Angel Marie L. Pacis as Senior Vice President Effective March 1,2022East West Banking Corporation announced that the Board of Directors ratified the resignation of Angel Marie L. Pacis as Senior Vice President. Effective March 1, 2022.
お知らせ • Jan 29East West Banking Corporation Announces Appointment of Independent DirectorsThe Board of Directors of East West Banking Corporation in its meeting held, approved the appointment of Ms Cristina Q. Orbeta and Ms Imelda B. Capistrano as Independent Directors of the Bank. Ms. Orbeta held various position at Central Bank of the Philippines in 1975 to 1993. She then became a Director at Management of External Debt Department of Central Bank in 1993 to 1999 and eventually became an Executive Director in the Central Bank Board of Liquidators. Ms. Capistrano has 40 years of experience in the banking industry and is a former Director and Country Manager at Wells Fargo Bank, Manila Representative Office from June 2010 to May 2021. As a chief representative of Wells Fargo Manila Representative Office, she is responsible for Wells Fargo's governance, adherence to local rules and regulations and financial institution relationships in the Philippines. She also represents Wells Fargo Manila Office in local, regional and global conferences or meetings. Among her key accomplishments are established relationships across customers, which reflected in the yearly growth in business directed to Wells Fargo over the years and smooth transition of customers and closure of the Manila Representative Office last May 2021.
お知らせ • Jan 28East West Banking Corporation, Annual General Meeting, Apr 22, 2022East West Banking Corporation, Annual General Meeting, Apr 22, 2022, at 08:30 China Standard Time. Agenda: To consider ratification of the audited financial statements for the year ending December 31, 2021; to consider ratification of the Acts and Resolutions of the Board of Directors and Management for 2021; to consider election of the members of the board of directors including four (4) independent directors to serve for 2022-2023 ; to consider appointment of external auditor; and to consider other matters.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ₱0.58 (vs ₱0.65 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₱6.09b (flat on 3Q 2020). Net income: ₱1.30b (down 12% from 3Q 2020). Profit margin: 21% (down from 24% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Executive Departure • Oct 06Director Nelson Bona has left the companyOn the 30th of September, Nelson Bona's tenure as Director ended after 1.7 years in the role. As of June 2021, Nelson still personally held only 5.00 shares (₱52.0 worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 8.79 years.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ₱0.79 (vs ₱0.98 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₱6.46b (up 62% from 2Q 2020). Net income: ₱1.78b (down 19% from 2Q 2020). Profit margin: 28% (down from 55% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Executive Departure • Aug 04Senior VP & Chief Audit Executive Eloida Oquialda has left the companyOn the 27th of July, Eloida Oquialda's tenure as Senior VP & Chief Audit Executive ended after 6.2 years in the role. We don't have any record of a personal shareholding under Eloida's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 8.63 years.
Recent Insider Transactions • Jun 05Special Projects Officer & Director recently bought ₱908k worth of stockOn the 2nd of June, Isabelle Therese Yap bought around 96k shares on-market at roughly ₱9.42 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱6.6m more in shares than they have sold in the last 12 months.
Major Estimate Revision • Jun 05Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₱34.2b to ₱30.2b. EPS estimate increased from ₱3.20 to ₱3.28 per share. Net income forecast to grow 20% next year vs 31% growth forecast for Banks industry in Philippines. Consensus price target down from ₱17.88 to ₱13.70. Share price rose 4.3% to ₱9.65 over the past week.
