NASDAQ:HOPE - Hope Bancorp Stock Price, News, & Analysis

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$13.31 +0.10 (+0.76 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$13.21
Today's Range$13.18 - $13.55
52-Week Range$13.10 - $19.86
Volume1.16 million shs
Average Volume771,084 shs
Market Capitalization$1.78 billion
P/E Ratio10.91
Dividend Yield4.15%
Beta1.3
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services primarily to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. In addition, the company offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; commercial equipment lease financing; and warehouse lines of credit to mortgage loan originators. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services to high-net-worth clients; mobile banking; debit and credit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; and Internet banking and bill-pay services, as well as operates automated teller machines. As of February 27, 2018, the company operated 63 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, and Annandale, Virginia; a commercial loan production office in Fremont, California; residential mortgage loan production offices in California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HOPE
Previous Symbol
CUSIP07329510
Phone213-639-1700

Debt

Debt-to-Equity Ratio0.59
Current Ratio1.03
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio10.91
Forward P/E Ratio9.18
P/E Growth1.19

Sales & Book Value

Annual Sales$638.52 million
Price / Sales2.68
Cash Flow$1.0606 per share
Price / Cash Flow12.55
Book Value$14.23 per share
Price / Book0.94

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$139.44 million
Net Margins23.43%
Return on Equity9.81%
Return on Assets1.28%

Miscellaneous

Employees1,470
Outstanding Shares128,780,000
Market Cap$1.78 billion
OptionableOptionable

Hope Bancorp (NASDAQ:HOPE) Frequently Asked Questions

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, October 17th. Investors of record on Friday, October 26th will be paid a dividend of $0.14 per share on Friday, November 9th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date of this dividend is Thursday, October 25th. View Hope Bancorp's Dividend History.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp Inc (NASDAQ:HOPE) issued its quarterly earnings data on Tuesday, October, 16th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.01. The financial services provider earned $136.60 million during the quarter, compared to analysts' expectations of $141.01 million. Hope Bancorp had a net margin of 23.43% and a return on equity of 9.81%. The firm's quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 earnings per share. View Hope Bancorp's Earnings History.

When is Hope Bancorp's next earnings date?

Hope Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Hope Bancorp.

What price target have analysts set for HOPE?

4 analysts have issued 12-month price targets for Hope Bancorp's shares. Their forecasts range from $16.00 to $22.00. On average, they anticipate Hope Bancorp's stock price to reach $18.00 in the next year. This suggests a possible upside of 35.2% from the stock's current price. View Analyst Price Targets for Hope Bancorp.

What is the consensus analysts' recommendation for Hope Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hope Bancorp.

Has Hope Bancorp been receiving favorable news coverage?

News coverage about HOPE stock has trended somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hope Bancorp earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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:
  • Mr. Kevin Sung Kim J.D., Pres, CEO & Director (Age 60)
  • Mr. Alex Ko, Exec. VP & CFO (Age 51)
  • Mr. Johann Minkyun You, Exec. VP & Chief Risk Officer (Age 53)
  • Ms. Kyu S. Kim, Sr. EVP & Regional Pres of Eastern Region-Bank of Hope (Age 57)
  • Ms. Angie Yang, SVP, Director of IR & Corp. Communications

Who are Hope Bancorp's major shareholders?

Hope Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.12%), Vanguard Group Inc. (10.18%), Dimensional Fund Advisors LP (7.73%), Fuller & Thaler Asset Management Inc. (6.38%), LSV Asset Management (3.15%) and Macquarie Group Ltd. (2.37%). Company insiders that own Hope Bancorp stock include Alex Ko, David Lee Song, David P Malone, Donald Byun, Jason K Kim and Steven Koh. View Institutional Ownership Trends for Hope Bancorp.

Which institutional investors are selling Hope Bancorp stock?

HOPE stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., JPMorgan Chase & Co., JPMorgan Chase & Co., The Manufacturers Life Insurance Company , BlackRock Inc., Fuller & Thaler Asset Management Inc., Man Group plc and Prudential Financial Inc.. Company insiders that have sold Hope Bancorp company stock in the last year include David Lee Song, Donald Byun and Jason K Kim. View Insider Buying and Selling for Hope Bancorp.

Which institutional investors are buying Hope Bancorp stock?

HOPE stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Macquarie Group Ltd., Marshall Wace LLP, Morgan Stanley, Allianz Asset Management GmbH, WINTON GROUP Ltd, Marshall Wace North America L.P. and Paloma Partners Management Co. View Insider Buying and Selling for Hope Bancorp.

How do I buy shares of Hope Bancorp?

Shares of HOPE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 stock can currently be purchased for approximately $13.31.

How big of a company is Hope Bancorp?

Hope Bancorp has a market capitalization of $1.78 billion and generates $638.52 million in revenue each year. The financial services provider earns $139.44 million in net income (profit) each year or $1.22 on an earnings per share basis. Hope Bancorp employs 1,470 workers across the globe.

What is Hope Bancorp's official website?

The official website for Hope Bancorp is bankofhope.com.

How can I contact Hope Bancorp?

Hope Bancorp's mailing address is 3200 WILSHIRE BLVD SUITE 1400, LOS ANGELES CA, 90010. The financial services provider can be reached via phone at 213-639-1700 or via email at [email protected]


MarketBeat Community Rating for Hope Bancorp (NASDAQ HOPE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  495
MarketBeat's community ratings are surveys of what our community members think about Hope Bancorp and other stocks. Vote "Outperform" if you believe HOPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HOPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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