Hope Bancorp, Inc. (HOPE)

NASDAQ: HOPE · IEX Real-Time Price · USD
13.78
+0.07 (0.51%)
Feb 3, 2023, 4:00 PM EST - Market closed
0.51%
Market Cap 1.65B
Revenue (ttm) 610.70M
Net Income (ttm) 218.20M
Shares Out 119.50M
EPS (ttm) 1.81
PE Ratio 7.61
Forward PE 7.10
Dividend $0.56 (4.06%)
Ex-Dividend Date Nov 2, 2022
Volume 1,079,490
Open 13.67
Previous Close 13.71
Day's Range 13.48 - 13.81
52-Week Range 12.06 - 17.33
Beta 1.21
Analysts Sell
Price Target 14.99 (+8.78%)
Earnings Date Jan 24, 2023

About HOPE

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business... [Read more]

Sector Financials
IPO Date Dec 27, 1996
Employees 1,449
Stock Exchange NASDAQ
Ticker Symbol HOPE
Full Company Profile

Financial Performance

In 2021, Hope Bancorp's revenue was $568.56 million, an increase of 33.49% compared to the previous year's $425.93 million. Earnings were $204.57 million, an increase of 83.45%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for HOPE stock is "Sell." The 12-month stock price forecast is $14.99, which is an increase of 8.78% from the latest price.

Price Target
$14.99
(8.78% upside)
Analyst Consensus: Sell
Stock Forecasts

News

New Strong Sell Stocks for January 27th

CIVI, MTDR and HOPE have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2023.

Other symbols: CIVIMTDR
1 week ago - Zacks Investment Research

Hope Bancorp (HOPE) Misses Q4 Earnings and Revenue Estimates

Hope Bancorp (HOPE) delivered earnings and revenue surprises of -4.44% and 3.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on o...

1 week ago - Business Wire

Hope Bancorp Reports 2022 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 a...

1 week ago - Business Wire

Hope Bancorp (HOPE) Reports Next Week: Wall Street Expects Earnings Growth

Hope Bancorp (HOPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Hope Bancorp Announces Resignation of Chief Financial Officer

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced that Alex Ko has resigned from his position as Seni...

1 month ago - Business Wire

Hope Bancorp to Report 2022 Fourth Quarter Financial Results on Monday, January 23, 2023

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 fourth quarter and full year after the markets close on Mo...

1 month ago - Business Wire

Hope Bancorp (HOPE) Meets Q3 Earnings Estimates

Hope Bancorp (HOPE) delivered earnings and revenue surprises of 0% and 4.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Hope Bancorp Reports 2022 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 ...

3 months ago - Business Wire

Hope Bancorp (HOPE) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Hope Bancorp (HOPE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Hope Bancorp to Report 2022 Third Quarter Financial Results on Monday, October 24, 2022

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 third quarter after the markets close on Monday, October 24,...

4 months ago - Business Wire

7 Small-Cap Growth Stocks With Multibagger Potential

The Federal Reserve's hawkish stance has created opportunities for investors to pick up a few multibagger small-cap growth stocks. These picks are usually riskier than mid-cap and large-cap stocks.

Other symbols: BSETCLSFFMSBPERIPOWW
6 months ago - InvestorPlace

Hope Bancorp (HOPE) Q2 Earnings and Revenues Surpass Estimates

Hope Bancorp (HOPE) delivered earnings and revenue surprises of 4.88% and 4.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Hope Bancorp Reports 2022 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...

7 months ago - Business Wire

Hope Bancorp to Report 2022 Second Quarter Financial Results on Tuesday, July 19, 2022

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 second quarter after the markets close on Tuesday, July 19, ...

7 months ago - Business Wire

7 Small-Cap Stocks to Buy for Massive Gains in the Next 10 Years

These small-cap stocks to buy have immense long-term potential for healthy gains and make a splash in the coming decade. The post 7 Small-Cap Stocks to Buy for Massive Gains in the Next 10 Years appea...

Other symbols: ATENBSETCLSNMMPERIPOWW
8 months ago - InvestorPlace

Bank of Hope Celebrates 2nd Year of LPGA Match-Play Sponsorship with Signature "Guess the Winner" Sweepstakes

LOS ANGELES--(BUSINESS WIRE)--Bank of Hope, the first and only super regional Korean American bank in the United States, today announced its signature “Guess the Winner” Sweepstakes to celebrate the 2...

9 months ago - Business Wire

Hope Bancorp to Participate in the D.A. Davidson 24th Annual Financial Institutions Conference

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chief Financial Officer Alex Ko and Chief Operating Officer Peter Koh will be participating in the D.A. Davidson & ...

9 months ago - Business Wire

Hope Bancorp: A Quality Small-Cap Bank

Hope Bancorp Inc. ( HOPE , Financial) is an interesting small-cap bank opportunity that recently caught my eye. It operates Bank of Hope, which is the first and only super regional bank that caters to...

10 months ago - GuruFocus

Best Income Stocks to Buy for April 21st

GIL, HOPE, and PKG made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 21, 2022.

Other symbols: GILPKG
10 months ago - Zacks Investment Research

New Strong Buy Stocks for April 21st

GIII, GIL, HOPE, ESTE, and KFY have been added to the Zacks Rank #1 (Strong Buy) List on April 21, 2022.

Other symbols: ESTEGIIIGILKFY
10 months ago - Zacks Investment Research

Hope Bancorp (HOPE) Beats Q1 Earnings and Revenue Estimates

Hope Bancorp (HOPE) delivered earnings and revenue surprises of 25% and 2.04%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Hope Bancorp Reports 2022 First 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 first quarter ende...

10 months ago - Business Wire

Hope Bancorp to Report 2022 First Quarter Financial Results on Monday, April 18, 2022

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 first quarter after the markets close on Monday, April 18, 2...

10 months ago - Business Wire

7 Top Small-Cap Stocks to Buy With the World In Turmoil

These small-cap stocks have given investors reasons to believe there's more growth on tap. Here's what you need to know.

Other symbols: BEXLSKNMTDRNSITUCTT
10 months ago - InvestorPlace