Hope Bancorp, Inc. (HOPE)

Market Cap	1.32B
Revenue (ttm)	519.92M
Net Income (ttm)	120.42M
Shares Out	120.62M
EPS (ttm)	1.00
PE Ratio	10.86
Forward PE	9.81
Dividend	$0.56 (5.10%)
Ex-Dividend Date	May 8, 2024

Volume	26,054
Open	11.00
Previous Close	10.86
Day's Range	10.97 - 11.05
52-Week Range	7.80 - 12.51
Beta	1.15
Analysts	Buy
Price Target	11.83 (+7.69%)
Earnings Date	Apr 29, 2024

About HOPE

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company also offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financ...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Dec 27, 1996
• Employees: 1,244
• Stock Exchange: NASDAQ
• Ticker Symbol: HOPE

Financial Performance

In 2023, Hope Bancorp's revenue was $542.34 million, a decrease of -12.56% compared to the previous year's $620.22 million. Earnings were $133.67 million, a decrease of -38.76%.

Analyst Forecast

According to 3 analysts, the average rating for HOPE stock is "Buy." The 12-month stock price forecast is $11.83, which is an increase of 7.69% from the latest price.

Price Target

$11.83

(7.69% upside)

Analyst Consensus: Buy