Hope Bancorp (HOPE) Expected to Announce Quarterly Earnings on Tuesday

Hope Bancorp (NASDAQ:HOPE - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect Hope Bancorp to post earnings of $0.20 per share and revenue of $133.90 million for the quarter.

Hope Bancorp (NASDAQ:HOPE - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.01. The firm had revenue of $217.17 million during the quarter, compared to analysts' expectations of $114.97 million. Hope Bancorp had a return on equity of 4.60% and a net margin of 9.82%. During the same quarter in the prior year, the company earned $0.23 EPS. On average, analysts expect Hope Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hope Bancorp Stock Up 0.5%

HOPE stock traded up $0.06 during trading hours on Wednesday, reaching $11.27. 844,997 shares of the stock were exchanged, compared to its average volume of 835,880. The firm's 50-day moving average is $10.58 and its 200-day moving average is $10.73. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 14.45 and a beta of 0.90. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.96 and a quick ratio of 0.96. Hope Bancorp has a 12 month low of $8.83 and a 12 month high of $14.54.

Hope Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend was Friday, May 2nd. Hope Bancorp's dividend payout ratio (DPR) is presently 71.79%.

Institutional Investors Weigh In On Hope Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. grew its stake in shares of Hope Bancorp by 294.0% in the first quarter. Geneos Wealth Management Inc. now owns 3,428 shares of the financial services provider's stock worth $36,000 after purchasing an additional 2,558 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of Hope Bancorp in the first quarter worth $297,000. Royal Bank of Canada grew its stake in shares of Hope Bancorp by 91.5% in the first quarter. Royal Bank of Canada now owns 32,828 shares of the financial services provider's stock worth $344,000 after purchasing an additional 15,687 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Hope Bancorp by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,936 shares of the financial services provider's stock worth $722,000 after purchasing an additional 3,005 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Hope Bancorp by 676.8% in the first quarter. Jane Street Group LLC now owns 227,116 shares of the financial services provider's stock worth $2,378,000 after purchasing an additional 197,877 shares during the last quarter. 84.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Hope Bancorp from a "sell" rating to a "hold" rating in a report on Monday, May 12th.

Hope Bancorp Company Profile

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 financing, and loans syndication services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans.