Hope Bancorp Company Profile (NASDAQ:HOPE)

About Hope Bancorp (NASDAQ:HOPE)

Hope Bancorp logoHope Bancorp, Inc., formerly BBCN Bancorp, Inc., is the holding company of Bank of Hope. Bank of Hope is the regional Korean-American bank in the United States. Bank of Hope operates approximately 85 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia and Alabama. The Bank also operates small business administration (SBA) loan production offices in Seattle, Denver, Dallas, Atlanta, Northern California, Annandale, Virginia, Portland, Oregon and Fremont, California; residential mortgage loan production offices in California, and a representative office in Seoul, Korea. Bank of Hope specializes in business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:HOPE
  • CUSIP: 07329510
  • Web: www.bankofhope.com
Capitalization:
  • Market Cap: $2.19943 billion
  • Outstanding Shares: 135,349,000
Average Prices:
  • 50 Day Moving Avg: $16.44
  • 200 Day Moving Avg: $18.18
  • 52 Week Range: $15.10 - $22.99
P/E:
  • Trailing P/E Ratio: 14.90
  • Foreward P/E Ratio: 12.09
  • P/E Growth: 1.35
Sales & Book Value:
  • Annual Revenue: $502.8 million
  • Price / Sales: 4.39
  • Book Value: $14.09 per share
  • Price / Book: 1.16
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 3.2%
Profitability:
  • Net Margins: 24.38%
  • Return on Equity: 8.45%
  • Return on Assets: 1.17%
Debt:
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
Misc:
  • Average Volume: 532,606 shs.
  • Beta: 1.39
  • Short Ratio: 2.6
 

Frequently Asked Questions for Hope Bancorp (NASDAQ:HOPE)

What is Hope Bancorp's stock symbol?

Hope Bancorp trades on the NASDAQ under the ticker symbol "HOPE."

How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp?

Hope Bancorp declared a quarterly dividend on Wednesday, July 19th. Investors of record on Monday, July 31st will be given a dividend of $0.13 per share on Monday, August 14th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, July 27th. This is a boost from Hope Bancorp's previous quarterly dividend of $0.12. View Hope Bancorp's Dividend History.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp, Inc. (NASDAQ:HOPE) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by $0.01. The company had revenue of $132.94 million for the quarter, compared to analyst estimates of $136.80 million. Hope Bancorp had a return on equity of 8.45% and a net margin of 24.38%. View Hope Bancorp's Earnings History.

When will Hope Bancorp make its next earnings announcement?

Hope Bancorp is scheduled to release their next quarterly earnings announcement on Monday, October, 16th 2017. View Earnings Estimates for Hope Bancorp.

Where is Hope Bancorp's stock going? Where will Hope Bancorp's stock price be in 2017?

5 brokers have issued 1-year price targets for Hope Bancorp's shares. Their forecasts range from $17.00 to $21.00. On average, they expect Hope Bancorp's share price to reach $19.40 in the next year. View Analyst Ratings for Hope Bancorp.

Who are some of Hope Bancorp's key competitors?

Who are Hope Bancorp's key executives?

Hope Bancorp's management team includes the folowing people:

  • Yoon-suk Whang, Chairman of the Board
  • Kevin S. Kim, President, Chief Executive Officer of the Company and the Bank and Director
  • Douglas J. Goddard, Chief Financial Officer, Executive Vice President
  • Lisa Kim Pai, Executive Vice President, Chief Administrative Officer, General Counsel
  • David P. Malone, Senior Executive Vice President, Chief Operating Officer of the Bank, Director
  • Daniel Hyungjum Kim, Executive Vice President and Chief Strategy Officer of Bank
  • David W. Kim, Executive Vice President and Chief Retail Banking Officer of Bank
  • Kyu S. Kim, Senior Executive Vice President, Regional President - Eastern Region
  • Alex Ko, Executive Vice President, Chief Financial Officer of Bank
  • Peter Koh, Executive Vice President and Chief Credit Officer of Bank

Who owns Hope Bancorp stock?

Hope Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.69%), Vanguard Group Inc. (8.88%), Dimensional Fund Advisors LP (5.54%), State Street Corp (3.56%), Principal Financial Group Inc. (2.87%) and Northern Trust Corp (2.34%). Company insiders that own Hope Bancorp stock include Donald Byun, Jason K Kim and Steven J Didion. View Institutional Ownership Trends for Hope Bancorp.

Who sold Hope Bancorp stock? Who is selling Hope Bancorp stock?

Hope Bancorp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vaughan Nelson Investment Management L.P., Kennedy Capital Management Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, Cambiar Investors LLC, Opus Capital Group LLC and First Trust Advisors LP. Company insiders that have sold Hope Bancorp stock in the last year include Donald Byun and Jason K Kim. View Insider Buying and Selling for Hope Bancorp.

Who bought Hope Bancorp stock? Who is buying Hope Bancorp stock?

Hope Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Phocas Financial Corp., LSV Asset Management, Dimensional Fund Advisors LP, Koch Industries Inc., Alliancebernstein L.P., Macquarie Group Ltd. and Vanguard Group Inc.. View Insider Buying and Selling for Hope Bancorp.

How do I buy Hope Bancorp stock?

Shares of Hope Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hope Bancorp's stock price today?

One share of Hope Bancorp stock can currently be purchased for approximately $16.32.


MarketBeat Community Rating for Hope Bancorp (NASDAQ HOPE)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  279
MarketBeat's community ratings are surveys of what our community members think about Hope Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Hope Bancorp (NASDAQ:HOPE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $19.40 (18.87% upside)

Analysts' Ratings History for Hope Bancorp (NASDAQ:HOPE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/18/2017DA DavidsonReiterated RatingBuy$21.00LowView Rating Details
9/15/2017FIG PartnersDowngradeOutperform -> Market Perform$20.00 -> $17.00LowView Rating Details
9/7/2017Keefe, Bruyette & WoodsReiterated RatingHold$19.00HighView Rating Details
6/27/2017WedbushReiterated RatingNeutral$20.00MediumView Rating Details
5/30/2017Piper Jaffray CompaniesLower Price TargetNeutral$21.00 -> $20.00LowView Rating Details
7/25/2016Raymond James Financial, Inc.Reiterated RatingOutperform$17.00N/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Hope Bancorp (NASDAQ:HOPE)
Earnings by Quarter for Hope Bancorp (NASDAQ:HOPE)
Earnings History by Quarter for Hope Bancorp (NASDAQ HOPE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$0.33N/AView Earnings Details
7/25/2017Q2 2017$0.32$0.30$136.80 million$132.94 millionViewN/AView Earnings Details
1/24/2017Q416$0.32$0.31$138.37 million$135.40 millionViewN/AView Earnings Details
10/18/2016Q3$0.32$0.32$117.00 million$117.62 millionViewN/AView Earnings Details
7/18/2016Q2$0.31$0.29$82.99 million$81.76 millionViewN/AView Earnings Details
4/18/2016Q1$0.30$0.30$83.40 million$80.38 millionViewN/AView Earnings Details
1/25/2016Q4$0.30$0.29$81.33 million$8.28 billionViewListenView Earnings Details
10/19/2015Q315$0.29$0.32$78.10 million$81.99 millionViewListenView Earnings Details
7/20/2015Q215$0.27$0.29$79.77 million$77.96 millionViewListenView Earnings Details
4/20/2015Q115$0.27$0.27$78.30 million$76.30 millionViewN/AView Earnings Details
1/26/2015Q414$0.28$0.29$78.71 million$78.28 millionViewN/AView Earnings Details
10/20/2014Q314$0.29$0.27$79.80 million$79.28 millionViewN/AView Earnings Details
7/21/2014Q214$0.29$0.28$77.70 million$77.98 millionViewN/AView Earnings Details
4/21/2014Q114$0.28$0.28$77.28 million$76.06 millionViewN/AView Earnings Details
1/28/2014Q413$0.28$0.28$76.58 millionViewListenView Earnings Details
10/22/2013Q313$0.28$0.30$73.74 millionViewListenView Earnings Details
7/22/2013Q2 2013$0.27$0.29$70.31 millionViewListenView Earnings Details
4/22/2013Q1 2013$0.27$0.28$67.99 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hope Bancorp (NASDAQ:HOPE)
2017 EPS Consensus Estimate: $1.27
2018 EPS Consensus Estimate: $1.35
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.31$0.33$0.32
Q2 20173$0.32$0.33$0.32
Q3 20173$0.30$0.33$0.31
Q4 20173$0.30$0.34$0.32
Q1 20182$0.31$0.32$0.32
Q2 20182$0.32$0.33$0.33
Q3 20182$0.35$0.35$0.35
Q4 20182$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hope Bancorp (NASDAQ:HOPE)
Most Recent Dividend:8/14/2017
Annual Dividend:$0.52
Dividend Yield:3.19%
Payout Ratio:47.71% (Trailing 12 Months of Earnings)
43.33% (Based on This Year's Estimates)
38.52% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Hope Bancorp (NASDAQ:HOPE)

Dividend History by Quarter for Hope Bancorp (NASDAQ HOPE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017quarterly$0.132.88%7/27/20177/31/20178/14/2017
4/18/2017quarterly$0.122.7%4/26/20174/28/20175/12/2017
1/25/2017quarterly$0.122.12%2/1/20172/3/20172/17/2017
10/18/2016Quarterly$0.1210/26/201610/28/201611/11/2016
6/28/2016quarterly$0.113.06%7/6/20167/8/20167/22/2016
4/19/2016quarterly$0.112.76%4/27/20164/29/20165/13/2016
1/26/2016quarterly$0.112.97%2/3/20162/5/20162/19/2016
10/20/2015quarterly$0.112.75%10/28/201510/30/201511/13/2015
7/21/2015quarterly$0.112.91%7/29/20157/31/20158/14/2015
4/21/2015quarterly$0.102.77%4/29/20155/1/20155/15/2015
1/27/2015quarterly$0.102.9%2/4/20152/6/20152/20/2015
10/20/2014quarterly$0.102.96%10/29/201410/31/201411/14/2014
7/22/2014quarterly$0.102.69%7/30/20148/1/20148/15/2014
4/22/2014quarterly$0.081.86%4/30/20145/2/20145/16/2014
1/28/2014quarterly$0.081.94%2/5/20142/7/20142/21/2014
10/22/2013quarterly$0.082.05%10/30/201311/1/201311/15/2013
7/23/2013quarterly$0.081.95%7/31/20138/2/20138/16/2013
4/24/2013quarterly$0.051.57%5/1/20135/3/20135/17/2013
3/8/2013quarterly$0.051.63%2/6/20132/8/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Hope Bancorp (NASDAQ:HOPE)
Insider Ownership Percentage: 5.20%
Institutional Ownership Percentage: 79.39%
Insider Trades by Quarter for Hope Bancorp (NASDAQ:HOPE)
Institutional Ownership by Quarter for Hope Bancorp (NASDAQ:HOPE)
Insider Trades by Quarter for Hope Bancorp (NASDAQ:HOPE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2017Donald ByunDirectorSell101,026$16.45$1,661,877.70View SEC Filing  
8/2/2017Jason K KimEVPSell2,750$17.70$48,675.00View SEC Filing  
8/4/2016Steven J DidionDirectorBuy5,000$15.40$77,000.00View SEC Filing  
8/21/2015Sang Hoon KimDirectorSell3,779$14.90$56,307.10View SEC Filing  
8/18/2015Sang Hoon KimDirectorSell15,000$15.50$232,500.00View SEC Filing  
5/28/2015Sang Hoon KimDirectorSell2,603$14.50$37,743.50View SEC Filing  
5/19/2015Sang Hoon KimDirectorSell17,397$14.54$252,952.38View SEC Filing  
10/27/2014Kevin Sung KimCEOBuy10,000$13.20$132,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hope Bancorp (NASDAQ:HOPE)
Latest Headlines for Hope Bancorp (NASDAQ:HOPE)
Source:
DateHeadline
americanbankingnews.com logoReviewing Hope Bancorp (HOPE) & Columbia Banking System (COLB)
www.americanbankingnews.com - September 19 at 8:10 PM
americanbankingnews.com logo Analysts Expect Hope Bancorp, Inc. (HOPE) Will Post Quarterly Sales of $138.13 Million
www.americanbankingnews.com - September 19 at 8:52 AM
americanbankingnews.com logoDA Davidson Equities Analysts Decrease Earnings Estimates for Hope Bancorp, Inc. (HOPE)
www.americanbankingnews.com - September 19 at 8:18 AM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Receives "Buy" Rating from DA Davidson
www.americanbankingnews.com - September 18 at 10:16 PM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 17 at 12:54 PM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Expected to Post Earnings of $0.31 Per Share
www.americanbankingnews.com - September 17 at 12:30 PM
americanbankingnews.com logoCritical Review: National Commerce Corporation (NCOM) & Hope Bancorp (HOPE)
www.americanbankingnews.com - September 16 at 10:32 AM
reuters.com logoBRIEF-Hope Bancorp will terminate proposed merger with U & I Financial
www.reuters.com - September 16 at 5:57 AM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Stock Rating Lowered by FIG Partners
www.americanbankingnews.com - September 15 at 4:52 PM
americanbankingnews.com logoHead to Head Analysis: Bank Mutual Corporation (BKMU) & Hope Bancorp (HOPE)
www.americanbankingnews.com - September 15 at 12:36 PM
americanbankingnews.com logoHope Bancorp (HOPE) versus The Competition Head-To-Head Comparison
www.americanbankingnews.com - September 12 at 10:22 PM
americanbankingnews.com logoHope Bancorp's (HOPE) Hold Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - September 7 at 5:16 PM
investopedia.com logoBlockchain Is IBM’s ‘Best Hope for Recovery’: UBS
www.investopedia.com - September 6 at 7:32 PM
bizjournals.com logoLos Angeles-based, Korean-American bank opens second branch in Houston
www.bizjournals.com - September 6 at 7:32 PM
nasdaq.com logoRelative Strength Alert For Hope Bancorp
www.nasdaq.com - September 6 at 7:32 PM
streetinsider.com logoHope Bancorp, Inc. (HOPE) Says Alex Ko to Assume CFO Role Following Retirement of Douglas J. Goddard
www.streetinsider.com - September 6 at 7:32 PM
finance.yahoo.com logoHope Bancorp Announces Retirement and Appointment of Chief Financial Officer
finance.yahoo.com - September 6 at 6:07 AM
finance.yahoo.com logoHope Bancorp Announces Retirement and Appointment of Chief Financial Officer
finance.yahoo.com - September 6 at 6:07 AM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Downgraded to Hold at ValuEngine
www.americanbankingnews.com - September 3 at 9:40 AM
americanbankingnews.com logoCritical Survey: Hope Bancorp (HOPE) versus First Mid-Illinois Bancshares (FMBH)
www.americanbankingnews.com - August 31 at 8:10 PM
marketwatch.com logoIAEA Low Enriched Uranium Bank Launches in Kazakhstan, Significant Milestone for NTI-Backed Nuclear Security Initiative
www.marketwatch.com - August 30 at 1:12 AM
americanbankingnews.com logo Brokerages Expect Hope Bancorp Inc (HOPE) to Announce $0.31 EPS
www.americanbankingnews.com - August 30 at 12:20 AM
americanbankingnews.com logoInsider Selling: Hope Bancorp, Inc. (HOPE) Director Sells 101,026 Shares of Stock
www.americanbankingnews.com - August 28 at 10:22 PM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 23 at 2:34 PM
finance.yahoo.com logoHope Bancorp, Inc. : HOPE-US: Dividend Analysis : July 31st, 2017 (record date) : By the numbers : August 16, 2017
finance.yahoo.com - August 16 at 7:34 PM
americanbankingnews.com logo Analysts Anticipate Hope Bancorp, Inc. (HOPE) Will Announce Quarterly Sales of $138.13 Million
www.americanbankingnews.com - August 13 at 10:10 AM
streetinsider.com logoForm 4 HOPE BANCORP INC For: Aug 08 Filed by: TAYLOR JOHN
www.streetinsider.com - August 11 at 8:03 PM
finance.yahoo.com logoETFs with exposure to Hope Bancorp, Inc. : August 4, 2017
finance.yahoo.com - August 4 at 7:46 PM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) EVP Jason K. Kim Sells 2,750 Shares
www.americanbankingnews.com - August 3 at 9:04 PM
bizjournals.com logoCentric Financial Corporation Announces Seventh Location to Open in Pennsylvania -- Operations and Personnel Expanding in Cumberland County
www.bizjournals.com - August 2 at 8:06 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Hope Bancorp, Inc. Reduced by Analyst (HOPE)
www.americanbankingnews.com - August 1 at 7:41 AM
streetinsider.com logoForm 4 HOPE BANCORP INC For: Jul 27 Filed by: KIM KYU S.
www.streetinsider.com - August 1 at 5:04 AM
americanbankingnews.com logoHope Bancorp, Inc. (NASDAQ:HOPE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 29 at 12:53 PM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 29 at 12:59 AM
americanbankingnews.com logoDA Davidson Weighs in on Hope Bancorp, Inc.'s Q3 2017 Earnings (HOPE)
www.americanbankingnews.com - July 28 at 11:26 AM
americanbankingnews.com logoFY2017 Earnings Estimate for Hope Bancorp, Inc. Issued By Wedbush (HOPE)
www.americanbankingnews.com - July 27 at 9:59 AM
finance.yahoo.com logoHope Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : HOPE-US : July 26, 2017
finance.yahoo.com - July 27 at 1:58 AM
finance.yahoo.com logoEdited Transcript of HOPE earnings conference call or presentation 26-Jul-17 4:30pm GMT
finance.yahoo.com - July 27 at 1:58 AM
seekingalpha.com logoHope Bancorp's (HOPE) CEO Kevin Kim on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 26 at 8:57 PM
americanbankingnews.com logoHope Bancorp, Inc. (HOPE) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - July 26 at 2:02 PM
americanbankingnews.com logo Analysts Anticipate Hope Bancorp, Inc. (HOPE) Will Post Quarterly Sales of $141.55 Million
www.americanbankingnews.com - July 26 at 1:01 PM
finance.yahoo.com logoHope Bancorp Reports 2017 Second Quarter Financial Results
finance.yahoo.com - July 25 at 7:49 PM
finance.yahoo.com logoHope Bancorp misses Street 2Q forecasts
finance.yahoo.com - July 25 at 7:49 PM
finance.yahoo.com logoHope Bancorp, Inc. :HOPE-US: Earnings Analysis: Q1, 2017 By the Numbers : July 24, 2017
finance.yahoo.com - July 24 at 10:54 PM
finance.yahoo.com logoETFs with exposure to Hope Bancorp, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 10:54 PM
americanbankingnews.com logoZacks: Analysts Anticipate Hope Bancorp, Inc. (HOPE) to Announce $0.32 EPS
www.americanbankingnews.com - July 24 at 11:14 AM
americanbankingnews.com logoHope Bancorp, Inc. (NASDAQ:HOPE) Increases Dividend to $0.13 Per Share
www.americanbankingnews.com - July 19 at 4:20 PM
finance.yahoo.com logoHope Bancorp Increases Quarterly Cash Dividend to $0.13 Per Share
finance.yahoo.com - July 18 at 9:49 PM
finance.yahoo.com logoETFs with exposure to Hope Bancorp, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 12:26 AM
finance.yahoo.com logoBank of Hope Appoints Steven C. Canup Executive Vice President to Head New Institutional Banking Group
finance.yahoo.com - July 12 at 9:07 PM

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Chart

Hope Bancorp (HOPE) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff