East Effective Tax Rate from 2010 to 2024

EWBC Stock  USD 106.83  1.33  1.26%   
East West's Effective Tax Rate is decreasing over the years with slightly volatile fluctuation. Overall, Effective Tax Rate is expected to go to 0.32 this year. During the period from 2010 to 2024 East West Effective Tax Rate annual values regression line had geometric mean of  0.24 and mean square error of  0. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.20455894
Current Value
0.32
Quarterly Volatility
0.07795967
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check East West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among East West's main balance sheet or income statement drivers, such as Depreciation And Amortization of 171.6 M, Interest Expense of 1.5 B or Selling General Administrative of 42.3 M, as well as many indicators such as Price To Sales Ratio of 5.53, Dividend Yield of 0.0284 or PTB Ratio of 2.26. East financial statements analysis is a perfect complement when working with East West Valuation or Volatility modules.
  
Check out the analysis of East West Correlation against competitors.

Latest East West's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of East West Bancorp over the last few years. Effective Tax Rate is the average rate at which East West Bancorp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing East West total tax expenses by East West earnings before taxes. It is East West's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in East West's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

East Effective Tax Rate Regression Statistics

Arithmetic Mean0.26
Geometric Mean0.24
Coefficient Of Variation30.47
Mean Deviation0.07
Median0.25
Standard Deviation0.08
Sample Variance0.01
Range0.2198
R-Value(0.56)
Mean Square Error0
R-Squared0.32
Significance0.03
Slope(0.01)
Total Sum of Squares0.09

East Effective Tax Rate History

2024 0.32
2020 0.17
2019 0.2
2018 0.14
2016 0.25
2014 0.18
2013 0.31

About East West Financial Statements

East West stakeholders use historical fundamental indicators, such as East West's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although East West investors may analyze each financial statement separately, they are all interrelated. For example, changes in East West's assets and liabilities are reflected in the revenues and expenses on East West's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in East West Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.20  0.32 

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When determining whether East West Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of East West's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of East West Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on East West Bancorp Stock:
Check out the analysis of East West Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of East West. If investors know East will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about East West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.059
Dividend Share
2.13
Earnings Share
7.92
Revenue Per Share
17.316
Quarterly Revenue Growth
0.097
The market value of East West Bancorp is measured differently than its book value, which is the value of East that is recorded on the company's balance sheet. Investors also form their own opinion of East West's value that differs from its market value or its book value, called intrinsic value, which is East West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because East West's market value can be influenced by many factors that don't directly affect East West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between East West's value and its price as these two are different measures arrived at by different means. Investors typically determine if East West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, East West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.