Hope BancorpHOPE
HOPE
About: Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services, and other banking services.
Employees: 1,236
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
15% more capital invested
Capital invested by funds: $1.16B [Q2] → $1.34B (+$175M) [Q3]
5% more funds holding
Funds holding: 209 [Q2] → 220 (+11) [Q3]
1.6% less ownership
Funds ownership: 89.92% [Q2] → 88.32% (-1.6%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 79
Research analyst outlook
We haven’t received any recent analyst ratings for HOPE.
Financial journalist opinion
Neutral
PRNewsWire
1 month ago
Blue Hill Advisors to Territorial Shareholders: No Risk to Territorial if Board Engages with Us
Hope Cannot Walk Away if Board Allows Investors to Perform Due Diligence Hope Can Only Walk Away if Board Changes Recommendation or Breaches Merger Agreement Calls on Board to Exercise Risk-Free Option to Explore Potentially Superior Offer Encourages Territorial Shareholders to Force Another Postponement by Voting AGAINST Hope Sale Again at the Adjourned Special Meeting of Stockholders on November 6, 2024 Responds to Illogical Board Excuses for not Engaging with Investors HONOLULU , Oct. 29, 2024 /PRNewswire/ -- Blue Hill Advisors today issued the following open letter to shareholders of Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ: TBNK). Dear Fellow Territorial Shareholders, Territorial's Board of Directors has flooded you with materials urging you to support the Company's proposed sale to Hope Bancorp, Inc. ("Hope") (NASDAQ: HOPE) and dismiss our proposal.
Neutral
Seeking Alpha
1 month ago
Hope Bancorp, Inc. (HOPE) Q3 2024 Earnings Call Transcript
Hope Bancorp, Inc. (NASDAQ:HOPE ) Q3 2024 Earnings Conference Call October 28, 2024 12:30 PM ET Company Participants Angie Yang - Director of Investor Relations Kevin Kim - Chairman, President and Chief Executive Officer Julianna Balicka - Executive Vice President and Chief Financial Officer Peter Koh - Senior Executive Vice President and Chief Operating Officer Conference Call Participants Gary Tenner - D.A. Davidson Christopher McGratty - KBW Matthew Clark - Piper Sandler Operator Good day and welcome to the Hope Bancorp 2024 Third Quarter Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Hope Bancorp (HOPE) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Hope Bancorp (HOPE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
Hope Bancorp (HOPE) Lags Q3 Earnings and Revenue Estimates
Hope Bancorp (HOPE) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.25 per share a year ago.
Neutral
Business Wire
1 month ago
Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about November 21, 2024, to all stockholders of record as of the close of business on November 7, 2024. About Hope Bancorp, Inc. Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the first and only super regional Korean American bank in the United States with.
Neutral
Business Wire
1 month ago
Hope Bancorp Reports 2024 Third Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its third quarter and nine months ended September 30, 2024. For the three months ended September 30, 2024, net income totaled $24.2 million, or $0.20 per diluted common share. This compares with net income of $25.3 million, or $0.21 per diluted common share, in the second quarter of 2024. Excluding notable items(1), net.
Neutral
PRNewsWire
1 month ago
Yakira Capital Refutes Territorial Bancorp's Board of Directors' Public Concerns Related to Acquisition Offer from Blue Hill Advisors
Board of Directors Continues its Refusal to Consider a Superior Offer from Blue Hill Advisors, Potentially Breaching their Fiduciary Duty WESTPORT, Conn. , Oct. 24, 2024 /PRNewswire/ -- Yakira Capital Management, an investment manager based in Westport, CT, has been compelled to issue an additional public response regarding Territorial Bancorp's (NASDAQ: TBNK) Board of Directors' rejection to consider a superior acquisition offer from the Blue Hill Advisors consortium, in favor of a merger with Hope Bancorp "Hope" (NASDAQ: HOPE).
Neutral
Zacks Investment Research
2 months ago
Analysts Estimate Hope Bancorp (HOPE) to Report a Decline in Earnings: What to Look Out for
Hope Bancorp (HOPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
2 months ago
Blue Hill Advisors and Investors Reaffirm Commitment to Territorial Transaction; Will Stand by Offer if Hope Deal Terminates
Reiterate Desire to Engage Directly with the Board, Not in a Public Fight Commit to Completing Transaction on the Same Proposed Terms if Sale to Hope Terminates Urge Territorial Shareholders to Vote AGAINST Hope Sale Again at the Adjourned Special Meeting of Stockholders on November 6, 2024 HONOLULU , Oct. 17, 2024 /PRNewswire/ -- Former Hawaii banking executive Allan Landon, Blue Hill Advisors and other leading bank investors today reaffirmed their commitment to successfully completing a transaction with Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ: TBNK) and clarified their intent to stand by their offer if shareholders vote down the proposed sale to Hope Bancorp, Inc. ("Hope") (NASDAQ: HOPE) at the adjourned Special Meeting of Stockholders on November 6. Mr. Landon and the investors, which also include O'Brien-Staley Partners and veteran bank investor Mark Lynch, have favored a collaborative approach with Territorial's Board of Directors (the "Board").
Neutral
Business Wire
2 months ago
Hope Bancorp to Report 2024 Third Quarter Financial Results on Monday, October 28, 2024
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the Company will report financial results for its third quarter and nine months ended September 30, 2024, before the markets open on Monday, October 28, 2024. A conference call to discuss 2024 third quarter financial results will be held on Monday, October 28, 2024, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time. A presentation deck to accompany the earnings call will be available at the Investor Relations.
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