Q2 Earnings Forecast for Hope Bancorp Issued By DA Davidson

Hope Bancorp, Inc. (NASDAQ:HOPE - Free Report) - Stock analysts at DA Davidson boosted their Q2 2025 earnings per share (EPS) estimates for shares of Hope Bancorp in a note issued to investors on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.21. The consensus estimate for Hope Bancorp's current full-year earnings is $1.09 per share.

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

Hope Bancorp Price Performance

HOPE stock opened at $10.80 on Monday. The stock has a market capitalization of $1.38 billion, a PE ratio of 13.85 and a beta of 0.89. The company's 50-day moving average is $10.21 and its 200-day moving average is $10.81. 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 1 year low of $8.83 and a 1 year high of $14.54.

Hope Bancorp (NASDAQ:HOPE - Get Free Report) last released its quarterly earnings data 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 company had revenue of $217.17 million for the quarter, compared to analysts' expectations of $114.97 million. Hope Bancorp had a net margin of 9.82% and a return on equity of 4.60%. During the same quarter in the prior year, the firm earned $0.23 EPS.

Institutional Investors Weigh In On Hope Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Voya Investment Management LLC increased its stake in Hope Bancorp by 318.8% in the 1st quarter. Voya Investment Management LLC now owns 420,501 shares of the financial services provider's stock valued at $4,403,000 after buying an additional 320,091 shares during the last quarter. Strs Ohio purchased a new stake in shares of Hope Bancorp during the 1st quarter worth approximately $670,000. Geneos Wealth Management Inc. increased its stake in shares of Hope Bancorp by 294.0% during the 1st 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. Intech Investment Management LLC increased its stake in shares of Hope Bancorp by 31.5% during the 1st quarter. Intech Investment Management LLC now owns 178,490 shares of the financial services provider's stock worth $1,869,000 after purchasing an additional 42,710 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Hope Bancorp by 676.8% during the 1st 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. Hedge funds and other institutional investors own 84.00% of the company's stock.

Hope Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were given a $0.14 dividend. The ex-dividend date was Friday, May 2nd. This represents a $0.56 annualized dividend and a yield of 5.19%. Hope Bancorp's payout ratio is 71.79%.

About Hope Bancorp

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.

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