Stephens analyst Andrew Terrell raised the firm’s price target on East West Bancorp (EWBC) to $104 from $91 and keeps an Overweight rating on the shares. A better-than-expected pace of repricing in Q3 and thus far in Q4, as well as stronger-than-anticipated balance sheet growth, helped translate to a reiteration of the company’s net interest income guidance, notes the analyst, whose forecasts now assume NII is relatively stable quarter-over-quarter into Q4 and raised the firm’s 2025 operating EPS view by 8% to $8.75 following the quarter.
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