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

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$14.17 +0.18 (+1.29 %)
(As of 03/18/2019 10:01 AM ET)
Previous Close$13.99
Today's Range$13.99 - $14.19
52-Week Range$11.37 - $19.36
Volume5,784 shs
Average Volume930,211 shs
Market Capitalization$1.79 billion
P/E Ratio9.84
Dividend Yield4.01%
Beta1.52
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

Industry N/A
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HOPE
CUSIP07329510
Phone213-639-1700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$710.35 million
Cash Flow$1.4963 per share
Book Value$14.78 per share

Profitability

Net Income$189.58 million

Miscellaneous

Employees1,470
Market Cap$1.79 billion
Next Earnings Date4/16/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Friday, February 1st will be given a dividend of $0.14 per share on Friday, February 15th. This represents a $0.56 annualized dividend and a yield of 4.00%. The ex-dividend date is Thursday, January 31st. View Hope Bancorp's Dividend History.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp Inc (NASDAQ:HOPE) released its quarterly earnings results on Tuesday, January, 22nd. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.35. The financial services provider earned $133.51 million during the quarter, compared to analysts' expectations of $136.14 million. Hope Bancorp had a return on equity of 9.92% and a net margin of 26.69%. During the same quarter in the prior year, the firm earned $0.32 EPS. 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, April 16th 2019. View Earnings Estimates for Hope Bancorp.

What price target have analysts set for HOPE?

3 equities research analysts have issued twelve-month price objectives for Hope Bancorp's shares. Their forecasts range from $16.00 to $18.00. On average, they anticipate Hope Bancorp's stock price to reach $16.6667 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for Hope Bancorp.

What is the consensus analysts' recommendation for Hope Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last year. There are currently 3 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?

Headlines about HOPE stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hope Bancorp earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of Hope Bancorp's key competitors?

What other stocks do shareholders of Hope Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hope Bancorp investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Est. Finance (ARI), Gran Tierra Energy (GTE) and Precision Drilling (PD).

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 61)
  • Mr. Alex Ko, Exec. VP & CFO (Age 52)
  • Mr. Johann Minkyun You, Exec. VP & Chief Risk Officer (Age 54)
  • Ms. Kyu S. Kim, Sr. EVP & Regional Pres of Eastern Region-Bank of Hope (Age 58)
  • Ms. Angie Yang, SVP, Director of IR & Corp. Communications

Who are Hope Bancorp's major shareholders?

Hope Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.55%), Dimensional Fund Advisors LP (7.73%), Principal Financial Group Inc. (3.36%), LSV Asset Management (3.24%), Northern Trust Corp (2.37%) and Pzena Investment Management LLC (2.33%). Company insiders that own Hope Bancorp stock include Alex Ko, David Lee Song, David P Malone, Donald Byun, Jason K Kim, Peter Koh 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 Macquarie Group Ltd., Barclays PLC, D. E. Shaw & Co. Inc., Comerica Bank, Paloma Partners Management Co, MetLife Investment Advisors LLC, NJ State Employees Deferred Compensation Plan and New York State Teachers Retirement System. Company insiders that have sold Hope Bancorp company stock in the last year include David Lee Song, Donald Byun, Jason K Kim and Peter Koh. 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 Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, FMR LLC, Stilwell Value LLC, Rafferty Asset Management LLC, Brandywine Global Investment Management LLC and Geode Capital Management LLC. 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 $14.0050.

How big of a company is Hope Bancorp?

Hope Bancorp has a market capitalization of $1.77 billion and generates $710.35 million in revenue each year. The financial services provider earns $189.58 million in net income (profit) each year or $1.44 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:  194 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  514
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 3/18/2019 by MarketBeat.com Staff

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