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Hope Bancorp Inc   (HOPE)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $10.8800 $0.04 0.369%
Day's High: $11.03 Week Perf: -1.98 %
Day's Low: $ 10.82 30 Day Perf: -8.03 %
Volume (M): 447 52 Wk High: $ 12.94
Volume (M$): $ 4,858 52 Wk Avg: $9.86
Open: $10.90 52 Wk Low: $7.42



 Market Capitalization (Millions $) 1,308
 Shares Outstanding (Millions) 120
 Employees 781
 Revenues (TTM) (Millions $) 563
 Net Income (TTM) (Millions $) 159
 Cash Flow (TTM) (Millions $) 2,169
 Capital Exp. (TTM) (Millions $) 14

Hope Bancorp Inc
Hope Bancorp Inc is a publicly traded bank holding company that is headquartered in Los Angeles, California. The company operates primarily through its subsidiary, Bank of Hope, which provides a wide range of banking products and services to individuals, small businesses, and commercial customers.

Hope Bancorp Inc was founded in 1996 as BBCN Bancorp, and it initially focused on serving the Korean-American community in the United States. The company merged with Wilshire Bancorp in 2016 and rebranded as Hope Bancorp Inc. Since then, the company has expanded its reach and diversified its customer base.

The bank operates in four primary business segments: commercial real estate lending, trade finance, SBA lending, and personal banking. Commercial real estate lending is the largest segment, accounting for over 50% of the bank's total loan portfolio. The bank also provides international trade finance services, including letters of credit, foreign currency exchange, and other trade-related services.

Bank of Hope has approximately 56 branches across California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama. The bank has around 1,000 employees and serves over 120,000 customers.

Hope Bancorp Inc is a well-capitalized bank with a strong balance sheet. The bank has consistently received high ratings from independent rating agencies, such as Moody's and Standard & Poor's, for its financial strength and stability. As of December 31, 2020, the bank had total assets of $18 billion, deposits of $13.4 billion, and loans of $12.8 billion.

Hope Bancorp Inc is committed to providing excellent customer service and building long-term relationships with its customers. The bank's mission is to help individuals and businesses achieve their financial goals by providing innovative and tailored financial solutions. The bank also supports the communities it serves through various philanthropic initiatives and volunteer activities.


   Company Address: 3200 Wilshire Boulevard, Los Angeles 90010 CA
   Company Phone Number: 639-1700   Stock Exchange / Ticker: NASDAQ HOPE
   


Customers Net Income fell by HOPE's Customers Net Profit Margin fell to

-5.8 %

17.2 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC        1.65% 
C   -1.56%    
COF        1.91% 
JPM        0.55% 
USB   -0.46%    
WFC        2.54% 
• View Complete Report
   



Dividend

Hope Bancorp Bolsters Investor Confidence with Dividend Announcement and Investor Conference Call

Published Tue, Jan 30 2024 11:02 AM UTC



Hope Bancorp, Inc. (NASDAQ: HOPE), a leading financial services company headquartered in Los Angeles, recently released exciting news regarding its quarterly dividend distribution and upcoming investor conference call. The company's Board of Directors has declared a cash dividend of $0.14 per common share, further strengthening the value proposition for its stockho...

Hope Bancorp Inc

Hope Bancorp Inc. Reports Stunning -19.358% Revenue Decline in Fiscal Q3 2023

Financial Reports Show Declining Performance for Hope Bancorp Inc.
In the third quarter of 2023, Hope Bancorp Inc. released its financial report, which revealed a soft top and bottom-line performance. The company experienced a significant decrease in earnings per share (EPS) of -44.44% compared to the previous year. Additionally, revenue declined by -19.358% year on year. Revenue fell to $126.88 million, down from $157.34 million in the same period last year, while EPS dropped to $0.25 from $0.45.

Hope Bancorp Inc

Hope Bancorp Inc Stares at Bleak Prospects as EPS Plummets Amidst Feeble Sales in Q2 2023

Hope Bancorp Inc, a financial institution, recently released its second-quarter financial report for 2023, which revealed a decline in both its top and bottom lines. The company reported a 36% drop in earnings per share (EPS) and an 11.794% decrease in revenue year on year. The revenue for this quarter amounted to $138.80 million, compared to $157.36 million in the same period last year. Additionally, the EPS was $0.32, down from $0.50 in the previous year.
In comparison to the preceding three months, Hope Bancorp Inc experienced a 25.69% decline in income, with the EPS dropping from $0.43 per share to $0.32. Moreover, the revenue deteriorated by 10.12%, going from $154.43 million to $138.80 million. These figures indicate a concerning trend for the company's financial performance in the short term.






 

Hope Bancorp Inc's Segments
 
 
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