Hope Bancorp, Inc. (HOPE)

Market Cap	1.55B
Revenue (ttm)	497.58M
Net Income (ttm)	107.66M
Shares Out	120.73M
EPS (ttm)	0.89
PE Ratio	14.43
Forward PE	12.21
Dividend	$0.56 (4.31%)
Ex-Dividend Date	Aug 8, 2024

Volume	1,692,924
Open	13.09
Previous Close	13.21
Day's Range	12.84 - 13.20
52-Week Range	8.15 - 13.59
Beta	1.13
Analysts	Buy
Price Target	12.50 (-2.72%)
Earnings Date	Oct 21, 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
• Website: https://www.bankofhope.com

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 $12.5, which is a decrease of -2.72% from the latest price.

Price Target

$12.5

(-2.72% downside)

Analyst Consensus: Buy