Hope Bancorp, Inc. (HOPE)
| Market Cap | 1.49B |
| Revenue (ttm) | 484.26M |
| Net Income (ttm) | 101.77M |
| Shares Out | 120.74M |
| EPS (ttm) | 0.84 |
| PE Ratio | 14.72 |
| Forward PE | 11.71 |
| Dividend | $0.56 (4.53%) |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 943,294 |
| Open | 11.96 |
| Previous Close | 12.08 |
| Day's Range | 11.95 - 12.51 |
| 52-Week Range | 9.80 - 14.54 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 12.50 (+1.05%) |
| Earnings Date | Jan 28, 2025 |
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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for HOPE stock is "Buy." The 12-month stock price forecast is $12.5, which is an increase of 1.05% from the latest price.
News
Blue Hill Advisors to Territorial Shareholders: No Risk to Territorial if Board Engages with Us
Hope Cannot Walk Away if Board Allows Investors to Perform Due Diligence Hope Can Only Walk Away if Board Changes Recommendation or Breaches Merger Agreement Calls on Board to Exercise Risk-Free Opti...
Hope Bancorp, Inc. (HOPE) Q3 2024 Earnings Call Transcript
Hope Bancorp, Inc. (NASDAQ:HOPE) Q3 2024 Earnings Conference Call October 28, 2024 12:30 PM ET Company Participants Angie Yang - Director of Investor Relations Kevin Kim - Chairman, President and Chi...
Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend i...
Hope Bancorp Reports 2024 Third Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its third quarter and ...
Yakira Capital Refutes Territorial Bancorp's Board of Directors' Public Concerns Related to Acquisition Offer from Blue Hill Advisors
Board of Directors Continues its Refusal to Consider a Superior Offer from Blue Hill Advisors, Potentially Breaching their Fiduciary Duty WESTPORT, Conn. , Oct. 24, 2024 /PRNewswire/ -- Yakira Capital...
Blue Hill Advisors and Investors Reaffirm Commitment to Territorial Transaction; Will Stand by Offer if Hope Deal Terminates
Reiterate Desire to Engage Directly with the Board, Not in a Public Fight Commit to Completing Transaction on the Same Proposed Terms if Sale to Hope Terminates Urge Territorial Shareholders to Vote A...
Hope Bancorp to Report 2024 Third Quarter Financial Results on Monday, October 28, 2024
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the Company will report financial results for its third quarter and nine months ended September 30, 2024, before th...
Blue Hill Advisors and Investors Reiterate Superior Proposal for Territorial Bancorp and Refute Territorial's Assertions
Reaffirm Commitment to Superior $12.50 Per Share Cash Offer for Territorial Correct the Record on Board's Misleading Claims About the Hope Merger and Investor Proposal Call on Shareholders to Remain O...
Blue Hill Advisors Announces ISS Recommendation AGAINST Territorial Bancorp Merger with Hope Bancorp
Concludes that Proposed Merger with Hope "Does Not Appear to Maximize Value for Shareholders" Competing Offer "Appears Sufficiently Credible to Mitigate the Downside Risk of Rejecting the Proposed Mer...
Blue Hill Advisors Announces Increased Cash Offer for Territorial Bancorp
Raises Cash Offer from $12.00 to $12.50, a 27% Premium to the Value of the Hope Takeover Releases Presentation: "A Better Deal for Territorial" Launches www.NewTerritorial.com to Keep Stakeholders Inf...
Blue Hill Advisors and Other Leading Bank Investors Reiterate Commitment to Superior Cash Offer for Territorial Bancorp
Territorial Shareholders Would Receive $12.00 Per Share in Cash, a 29% Premium1 Strong Capital Support from Veteran Bank Funds Exceeds Required Capital Territorial Would Remain a Hawaii Institution Un...
TERRITORIAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Territorial Bancorp Inc. - TBNK
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Territorial Banc...
Hope Bancorp, Inc. (HOPE) Q2 2024 Earnings Call Transcript
Hope Bancorp, Inc. (NASDAQ:HOPE) Q2 2024 Earnings Call Transcript July 29, 2024 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President, and CEO Julianna Balicka ...
Hope Bancorp Reports 2024 Second Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its second quarter and...
Hope Bancorp to Report 2024 Second Quarter Financial Results on Monday, July 29, 2024
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the Company will report financial results for its second quarter and six months ended June 30, 2024, before the mar...
Hope Bancorp to Participate in D.A. Davidson's 26th Annual Financial Institutions Conference
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in D.A. Davidson's 26th...
Hope Bancorp, Inc. (HOPE) Q1 2024 Earnings Call Transcript
Hope Bancorp, Inc. (NASDAQ:HOPE) Q1 2024 Earnings Conference Call April 29, 2024 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President and CEO Julianna Balicka ...
Hope Bancorp and Territorial Bancorp Announce Definitive Merger Agreement
LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the stock...
Hope Bancorp Reports 2024 First Quarter Financial Results; Signs Definitive Merger With Territorial Bancorp
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (“Bank”), today reported unaudited financial results for its first quarter ended March ...
Hope Bancorp to Report 2024 First Quarter Financial Results on Monday, April 29, 2024
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the Company will report financial results for its 2024 first quarter before the markets open on Monday, April 29, 2...
Hope Bancorp to Participate in the Piper Sandler 2024 Western Financial Services Conference
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the Piper Sandler 20...
Hope Bancorp to Participate in the 2024 KBW Winter Financial Services Conference
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Offic...
Hope Bancorp, Inc. (HOPE) Q4 2023 Earnings Call Transcript
Hope Bancorp, Inc. (HOPE) Q4 2023 Earnings Call Transcript
Hope Bancorp Reports 2023 Fourth Quarter and Full-Year Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and...
Hope Bancorp to Report 2023 Fourth Quarter Financial Results on Tuesday, January 30, 2024
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the Company will report financial results for its 2023 fourth quarter before the markets open on Tuesday, January 3...