The CEO of East West Bancorp (EWBC) is Buying Shares


Today, the CEO of East West Bancorp (EWBC), Dominic Ng, bought shares of EWBC for $1M.

This is Ng’s first Buy trade following 25 Sell transactions. Following this transaction Dominic Ng’s holding in the company was increased by 4.98% to a total of $21.6 million.

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Based on East West Bancorp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $525 million and quarterly net profit of $150 million. In comparison, last year the company earned revenue of $444 million and had a net profit of $172 million. The company has a one-year high of $64.34 and a one-year low of $37.69. Currently, East West Bancorp has an average volume of 934.04K.

The insider sentiment on East West Bancorp has been positive according to 18 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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East West Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. It operates through the following business segments: Consumer and Business Banking, Commercial Banking, and Other.

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