Hope Bancorp, Inc. (HOPE)
Market Cap | 1.32B |
Revenue (ttm) | 542.34M |
Net Income (ttm) | 133.67M |
Shares Out | 120.13M |
EPS (ttm) | 1.11 |
PE Ratio | 9.88 |
Forward PE | 10.19 |
Dividend | $0.56 (5.11%) |
Ex-Dividend Date | Feb 8, 2024 |
Volume | 558,548 |
Open | 10.98 |
Previous Close | 11.07 |
Day's Range | 10.79 - 11.05 |
52-Week Range | 7.42 - 12.51 |
Beta | 1.12 |
Analysts | Hold |
Price Target | 11.33 (+3.28%) |
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... [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 "Hold." The 12-month stock price forecast is $11.33, which is an increase of 3.28% from the latest price.
News
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 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 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...
Hope Bancorp Reports 2023 Third Quarter Financial Results; Announces Strategic Reorganization
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 ...
Hope Bancorp to Report 2023 Third Quarter Financial Results on Monday, October 23, 2023
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2023 third quarter before the markets open on Monday, October 23,...
Hope Bancorp to Participate in the 2023 KBW Community Bank 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 Reports 2023 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 2023 Second Quarter Financial Results on Monday, July 24, 2023
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2023 second quarter before the markets open on Monday, July 24, 2...
Hope Bancorp Announces Completion of 2.00% Convertible Senior Notes Repurchase Pursuant to Contractual Put Right
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) announced today that the previously announced right of holders of its 2.00% Convertible Senior Notes due 2038 (CUSIP NUM...
Hope Bancorp Announces Extension of Time Period to Exercise Contractual Put Right of 2.00% Convertible Senior Notes
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) announced today that it has extended the expiration time for the previously announced right of holders of its 2.00% Conv...
Hope Bancorp Reports 2023 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...
Hope Bancorp Appoints Julianna Balicka 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 the appointment of Julianna Balicka as Executive Vice...
Hope Bancorp Announces Notification to Holders of 2.00% Convertible Senior Notes of Their Contractual Put Right
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) announced today that it is notifying holders of its 2.00% Convertible Senior Notes due 2038 (CUSIP NUMBER 43940TAB5) (th...
Hope Bancorp to Report 2023 First Quarter Financial Results on Monday, April 24, 2023
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2023 first quarter after the markets close on Monday, April 24, 2...
Hope Bancorp to Participate in the Piper Sandler 2023 Western 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 Senior Executive Vice President and Chief Operatin...
Hope Bancorp to Participate in the KBW 2023 Winter Financial Services Conference
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Senior Executive Vice President and Chief Operating Officer Peter Koh will be participating in the Keefe, Bruyette ...
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...
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...
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...
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 ...
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,...
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...