What is DA Davidson's Forecast for Hope Bancorp Q3 Earnings?

Hope Bancorp, Inc. (NASDAQ:HOPE - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for shares of Hope Bancorp in a research note issued to investors on Wednesday, July 23rd. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $0.27 per share for the quarter. The consensus estimate for Hope Bancorp's current full-year earnings is $1.09 per share.

Hope Bancorp (NASDAQ:HOPE - Get Free Report) last released its earnings results on Tuesday, July 22nd. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.43). Hope Bancorp had a net margin of 4.27% and a return on equity of 4.45%. The company had revenue of $94.58 million for the quarter, compared to analyst estimates of $133.90 million. During the same quarter in the previous year, the firm earned $0.22 EPS.

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

Hope Bancorp Price Performance

Shares of Hope Bancorp stock remained flat at $10.41 during trading on Thursday. 1,205,639 shares of the company were exchanged, compared to its average volume of 959,275. The company has a quick ratio of 0.96, a current ratio of 0.94 and a debt-to-equity ratio of 0.06. Hope Bancorp has a 52 week low of $8.82 and a 52 week high of $14.53. The company has a fifty day moving average price of $10.65 and a 200 day moving average price of $10.67. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 29.74 and a beta of 0.90.

Institutional Trading of Hope Bancorp

Institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in shares of Hope Bancorp by 294.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,428 shares of the financial services provider's stock worth $36,000 after acquiring an additional 2,558 shares in the last quarter. Sterling Capital Management LLC grew its stake in shares of Hope Bancorp by 819.1% in the 4th quarter. Sterling Capital Management LLC now owns 3,713 shares of the financial services provider's stock worth $46,000 after acquiring an additional 3,309 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Hope Bancorp by 29.3% in the 2nd quarter. GAMMA Investing LLC now owns 5,345 shares of the financial services provider's stock worth $57,000 after acquiring an additional 1,211 shares in the last quarter. KBC Group NV grew its stake in shares of Hope Bancorp by 16.6% in the 1st quarter. KBC Group NV now owns 8,269 shares of the financial services provider's stock worth $87,000 after acquiring an additional 1,176 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Hope Bancorp during the first quarter valued at about $105,000. Institutional investors own 84.00% of the company's stock.

Hope Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, August 1st. This represents a $0.56 dividend on an annualized basis and a yield of 5.38%. Hope Bancorp's dividend payout ratio (DPR) is presently 160.00%.

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.