Latest news with #EastWestBanking
Yahoo
23-05-2025
- Business
- Yahoo
EastWest taps Temenos for core banking revamp
EastWest Banking in the Philippines has chosen Temenos Software as a Service (SaaS) to speed up its core banking upgrade. By integrating Temenos Core for its retail, SME, and corporate divisions, EastWest seeks to ensure a secure and 'seamless' banking experience for its clientele. The move is expected to benefit more than three million customers across the bank's 400 branches nationwide. Temenos SaaS will facilitate a comprehensive range of banking functions, including customer accounts, deposits, lending, payments, and trade finance. Additionally, this upgrade presents EastWest with the potential to explore new market segments, including wealth management. EastWest chief technology officer Barani Sundaram said: 'At EastWest, our customers are at the heart of everything we do. 'Temenos SaaS is a crucial step in our digital transformation journey, as it allows us to offer a more seamless and personalised banking experience—whether through our mobile app, branch network, or customer support channels.' The adoption of Temenos SaaS will enable EastWest to establish a unified, data-driven framework across its various business lines. This approach is anticipated to accelerate product development, enhance operational efficiency, and foster a banking environment focused on customer needs. Furthermore, the new platform is designed to offer the 'flexibility' necessary for scaling operations and integrating with fintech partners, positioning EastWest for future growth, stated the tech vendor. Temenos APAC managing director Will Dale said: 'We are proud to partner with EastWest, a major player in the Philippine banking sector, to transform its core banking in the cloud. 'The bank was looking for a SaaS solution that combined deep functionality and the latest technology, which is where Temenos excels. We look forward to supporting EastWest in driving the next phase of their impressive growth.' Recently, Temenos launched the Temenos Product Manager Copilot, aimed at helping banks design, launch, test, and optimise financial products using Gen AI technology. "EastWest taps Temenos for core banking revamp" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
19-05-2025
- Business
- Yahoo
Insider Action In Asian Undervalued Small Caps
In recent weeks, Asian markets have experienced a positive shift in sentiment, buoyed by the temporary de-escalation of trade tensions between the U.S. and China, which has helped lift indices such as China's CSI 300 and Hong Kong's Hang Seng Index. In this environment, identifying small-cap stocks that are potentially undervalued requires careful consideration of factors like market positioning and growth potential amidst evolving economic conditions. Name PE PS Discount to Fair Value Value Rating Security Bank 4.4x 1.0x 40.62% ★★★★★★ Puregold Price Club 8.6x 0.4x 23.23% ★★★★★☆ East West Banking 3.1x 0.7x 35.91% ★★★★★☆ Atturra 29.9x 1.2x 33.43% ★★★★★☆ Hansen Technologies 291.8x 2.8x 22.64% ★★★★★☆ Dicker Data 19.9x 0.7x -41.60% ★★★★☆☆ Sing Investments & Finance 7.2x 3.7x 41.71% ★★★★☆☆ Smart Parking 74.5x 6.6x 44.82% ★★★☆☆☆ PWR Holdings 36.4x 5.0x 21.41% ★★★☆☆☆ Integral Diagnostics 162.4x 1.9x 41.86% ★★★☆☆☆ Click here to see the full list of 66 stocks from our Undervalued Asian Small Caps With Insider Buying screener. Let's review some notable picks from our screened stocks. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Smart Parking operates in the parking management and technology solutions sector, with a focus on providing services across regions such as the United Kingdom, New Zealand, Australia, and Germany; the company has a market capitalization of A$100.23 million. Operations: Smart Parking generates revenue primarily from its Parking Management operations in the United Kingdom, New Zealand, and Germany, alongside its Technology Division. The company has seen a notable trend in its gross profit margin, reaching 64.13% as of September 2024. Operating expenses are a significant cost component, with depreciation and amortization also contributing to the expense structure. PE: 74.5x Smart Parking, a player in the parking technology sector, has recently been added to the S&P/ASX Emerging Companies and All Ordinaries Index. Despite facing lower profit margins this year (8.8% from 13.6%), they are poised for earnings growth of 34% annually. A recent follow-on equity offering raised A$45 million, indicating strategic expansion efforts. Insider confidence is evident with recent share purchases, suggesting potential optimism about future prospects despite reliance on higher-risk external borrowing for funding. Navigate through the intricacies of Smart Parking with our comprehensive valuation report here. Learn about Smart Parking's historical performance. Simply Wall St Value Rating: ★★★★★☆ Overview: East West Banking Corporation is a Philippine-based financial institution providing a range of banking and financial services, with a market capitalization of approximately ₱20.55 billion. Operations: East West Banking generates revenue primarily from its banking operations, with a notable gross profit margin of 98.93% as of the latest quarter. The company's cost structure includes operating expenses which have shown an upward trend, reaching ₱23.08 billion in the first quarter of 2025. General and administrative expenses form a significant part of these operating costs, amounting to ₱11.27 billion in the same period. PE: 3.1x East West Banking, a smaller player in Asia's financial sector, has seen its earnings grow from PHP 6.1 billion to PHP 7.6 billion over the last year, with basic earnings per share rising from PHP 2.7 to PHP 3.38. Despite a high bad loan ratio of 4.4% and a low allowance for these loans at 66%, insider confidence is evident through recent share purchases by executives earlier this year, signaling potential growth prospects amidst challenges. Dive into the specifics of East West Banking here with our thorough valuation report. Review our historical performance report to gain insights into East West Banking's's past performance. Simply Wall St Value Rating: ★★★★★☆ Overview: Ferretti is a company involved in the design, construction, and marketing of yachts and recreational boats with a market capitalization of approximately HKD 7.12 billion. Operations: The primary revenue stream is from the design, construction, and marketing of yachts and recreational boats. The company has seen fluctuations in its gross profit margin, with a notable increase to 37.38% by the end of 2022. Operating expenses have been steadily rising over time, impacting overall profitability. PE: 10.1x Ferretti, a company with growing profits and high-quality earnings, recently reported sales of €1.34 billion for 2024, up from the previous year. With insider confidence evident from Karel Komarek's purchase of 1 million shares worth approximately €21.35 million between March and May 2025, there's a clear vote of confidence in its potential. Despite relying on higher-risk external borrowing for funding, Ferretti's forecasted annual earnings growth rate of 9.56% suggests promising prospects in the competitive yacht manufacturing industry. Delve into the full analysis valuation report here for a deeper understanding of Ferretti. Understand Ferretti's track record by examining our Past report. Take a closer look at our Undervalued Asian Small Caps With Insider Buying list of 66 companies by clicking here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:SPZ PSE:EW and SEHK:9638. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
