Total Ideas
1
Bullish Ideas
1 (100%)
Bearish Ideas
0 (0%)
Recent Activity
"I am generally really bullish on banking right now. I think, as these episodes have made clear, this one isn't nearly as cheap as some of the ones we were talking about. It's I think 1.6 times book, which isn't bad, but you don't have that runway. I said it's not the same dividend as all the others. I think this is a market beater, 10-15% and probably closer to 10% on this one. Safety is seven. Banks have risks, but this is a good core business, a great relationship with its customer base. I think they know what they're doing, and they'll be fine."
The speaker expresses bullish sentiment on East West Bancorp (EWBC), highlighting its solid valuation at approximately 1.6 times book and a potential market beating return of 10-15% over the next five years. Emphasis is placed on the bank's strong customer relationships and niche focus, with an acknowledgment of inherent banking risks offset by a robust business model.
Sentiment
