TD Cowen Raises East West Bancorp (EWBC) Price Target to $153

On October 21, 2026, TD Cowen maintained its Buy rating on East West Bancorp, Inc. [EWBC], raising its price target to $153 from $150. The research note provides a forward-looking view on the regional bank as shares recently traded around $131.39.

EWBC East West Bancorp, Inc.

$131.39 ▲ +16.44% year to date

1M 3M YTD

Daily close · Oct 21, 2026

TD Cowen's Call on East West Bancorp

In its research note on October 21, 2026, TD Cowen kept a Buy rating on the stock while lifting its price target from $150.00 to $153.00. The firm joins other Wall Street institutions in evaluating the company's prospects.

Other Institutional Activity in East West Bancorp

Schroder Investment Management Group grew its holdings by 120,967 shares, ending with 3,985,737 shares worth about $525,160,685. Boston Partners grew its holdings by 130,181 shares, ending with 3,574,111 shares worth about $470,924,845. AQR Capital Management, LLC grew its holdings by 1,484,496 shares, ending with 3,227,066 shares worth about $425,198,198 in a 85.2% increase.

East West Bancorp, Inc. Stock Holds Steady

East West Bancorp closed at $131.39 on October 21, 2026, and recently traded at that same level. The stock sits below its 52-week high of $137.47 and well above its 52-week low of $98.08. The shares also trade above both their 50-day and 200-day moving averages.

Recent Earnings

East West Bancorp brought in $2,916,260,096 in trailing twelve-month revenue alongside a trailing twelve-month earnings per share of $10.52. The company holds a net profit margin of 50.1% and a return on equity of 16.6%. The bank's next earnings report is scheduled for January 19, 2027.

Dividend

East West Bancorp pays an annual dividend rate of $3.20, which gives it a dividend yield of 2.43%. The payout ratio sits at 26.9%.

Insider Buying and Selling at East West Bancorp, Inc.

On June 15, 2026, Officer Irene H Oh sold 800 shares at $133.19 for a total value of $106,552. Later, on August 6, 2026, Officer Douglas Paul Krause sold 10,000 shares at $132.37 totaling $1,323,715. Director Jack C Liu sold 1,000 shares on August 12, 2026, at $135.02 worth $135,020. Finally, Director Manuel Pham Alvarez sold 810 shares on September 8, 2026, at $130.40 for a total value of $105,624.

Analysts Set New Price Targets

On September 30, 2026, Wells Fargo maintained an Overweight rating while lowering its target from $155 to $150. Truist Securities maintained a Hold rating on October 9, 2026, cutting its target from $137 to $131. Cantor Fitzgerald maintained an Overweight rating on October 14, 2026, moving its target from $152 to $146. Alongside TD Cowen's update on October 21, 2026, Morgan Stanley maintained an Overweight rating while raising its target from $164 to $168. Overall, the stock carries a consensus buy recommendation and a mean price target of $150.63 across 16 analyst opinions.

About East West Bancorp

Headquartered in Pasadena, California, East West Bancorp operates as the bank holding company for East West Bank. The firm serves commercial and individual clients throughout the United States through consumer and business banking, commercial banking, and treasury operations. It accepts various deposits including checking accounts, savings, money market accounts, and time deposits.

Bottom Line

TD Cowen's upward revision to $153 keeps the focus on how the bank performs heading into its next earnings report on January 19, 2027. Investors will watch whether market prices close the gap toward the new analyst targets.