The EVP of East West Bancorp (EWBC) is Buying Shares
Yesterday, the EVP of East West Bancorp (EWBC), Douglas Paul Krause, bought shares of EWBC for $250.8K.
This recent transaction increases Douglas Paul Krause’s holding in the company by 11.36% to a total of $2.53 million. This is Krause’s first Buy trade following 9 Sell transactions.
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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 25 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.