SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : East-West Bankcorp (EWBC)
EWBC 116.01+0.6%Dec 26 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Lee who wrote ()12/23/1999 7:34:00 AM
From: Paul Lee   of 36
 
East West Bancorp Ranked Second Highest By Investor's Business Daily's Review of West/Southwest Banks; Bank is Highest Rated Institution in Southern California

SAN MARINO, Calif.--(BUSINESS WIRE)--Dec. 23, 1999--East West Bancorp Inc. (Nasdaq:EWBC), parent company of East West Bank, one of the nation's best performing community banks and a leading financial institution focused on the Chinese-American and other niche markets, today announced it was ranked second highest on a list of 106 West/Southwest banks in an article published Dec. 6, 1999 by Investor's Business Daily.

The banks were ranked by a combination of Earnings Per Share and Relative Strength. East West Bancorp had a 98 EPS rank and 77 Relative Strength rank. Investor's Business Daily ranks EPS on a 1-99 scale (99 highest) that compares a company's current and annual earnings per share growth rate with all other publicly traded companies. The Relative Strength measures each stock's price change over the last 12 months compared to all other stocks.

The article cited the strong financial performance of banks in the region through 1999, but stated that in the outlook for the group, "branding will become ever more important as financial services become commodities. Banks that build brand can fight price erosion." Dominic Ng, Chairman and CEO stated: "Recognizing this trend, East West has leveraged its well-established brand name in the Chinese-American community to secure its place as a widely recognized leader in trade finance, as well as other niche markets."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News