PACW - East West Bancorp - A Significantly Undervalued Bank For Any Portfolio

Investment Thesis

One holding of my clients that I have grown quite fond of is Preferred Bank (PFBC) which I covered in my article Preferred Bank - Demonstrating What It Means To Outperform. PFBC represents an incredibly efficient and well-run bank that my clients have modest exposure to. In the past, I have added to their holdings when shares of PFBC were trading in the low $60 range and typically sold between $65-$68/share.

My regular trades have seized largely due to a declining share price that has plagued

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