East West Bancorp: Dividend Remains The Strength, But It Is No Longer A Buy (Rating Downgrade)
TBBKThe Bancorp(TBBK) Seeking Alpha·2024-08-08 12:05
EschCollection The Q2 2024 results gave continuity to what was discussed in my previous article on East West Bancorp (NASDAQ:EWBC). In fact, the dividend continues to grow fast and CRE loans are struggling to increase. In contrast, C&I loans and Residential loans are getting an increasing share of the entire loan portfolio. These trends will presumably continue throughout 2024; perhaps even into the early 2025. Loans and securities portfolio For 2024 as a whole, loan growth is expected from 3-5%, thus q ...