East West Bancorp: Dividend Continues Its Rapid Growth
TBBKThe Bancorp(TBBK) seekingalpha.com·2024-05-24 01:56

sommart In my last article on East West Bancorp (NASDAQ:EWBC) I highlighted the potential for dividend growth and the fact that this bank was undervalued on a Price/ TBV per share basis. Six months later, although the stock has appreciated by 16%, I believe it is still slightly undervalued. In addition, the dividend growth potential remains high and management is continuing the buyback. After all, EWBC is one of the most capitalized banks in the industry and has ample room to remunerate its shareholders. Lo ...