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: 1,244
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
21% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 67
4% more funds holding
Funds holding: 221 [Q3] → 230 (+9) [Q4]
0.48% more ownership
Funds ownership: 89.05% [Q3] → 89.53% (+0.48%) [Q4]
2% less capital invested
Capital invested by funds: $1.35B [Q3] → $1.33B (-$22.1M) [Q4]
92% less call options, than puts
Call options by funds: $4K | Put options by funds: $49K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12
17%
upside
Avg. target
$13.25
29%
upside
High target
$14.50
41%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Piper Sandler Matthew Clark 20% 1-year accuracy 5 / 25 met price target | 17%upside $12 | Neutral Maintained | 30 Jan 2025 |
DA Davidson Gary Tenner 39% 1-year accuracy 19 / 49 met price target | 41%upside $14.50 | Buy Maintained | 28 Jan 2025 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Hope Bancorp Receives Regulatory Approvals for Its Merger With Territorial Bancorp
LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the holding company of Territorial Savings Bank, today jointly announced receipt of all required regulatory approvals to complete their previously announced merger (the “Merger”). Upon completion of the Merger, it is intended that the legacy Territorial franchise in Hawai‘i will operate under the trade name.
Positive
Seeking Alpha
1 week ago
Hope Bancorp: Challenges To Overcome Remain The Same As A Year Ago
HOPE's loan growth remains sluggish, hindered by stagnant deposits, despite the merger with Territorial Bancorp offering some optimism for 2025. The bank's profitability struggles due to high deposit costs and declining net interest income, yet its dividend yield of 5.18% remains sustainable. The merger with Territorial Bancorp could improve deposit quality and diversify HOPE's loan portfolio, but organic growth remains weak.
Neutral
Business Wire
1 month ago
Hope Bancorp to Participate in the 2025 KBW Winter Financial Services Conference
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the 2025 KBW Winter Financial Services Conference in Boca Raton, Florida, February 12-14, 2025. A copy of the investor presentation being used for meetings with institutional investors will be available in the Investor Relations section of the Company's.
Neutral
Seeking Alpha
1 month ago
Hope Bancorp, Inc. (HOPE) Q4 2024 Earnings Call Transcript
Hope Bancorp, Inc. (NASDAQ:HOPE ) Q4 2024 Earnings Conference Call January 27, 2025 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President and CEO Julianna Balicka - EVP and CFO Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Operator Good day and welcome to the Hope Bancorp 2024 Fourth Quarter Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Hope Bancorp (HOPE) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Hope Bancorp (HOPE) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Hope Bancorp (HOPE) Surpasses Q4 Earnings Estimates
Hope Bancorp (HOPE) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 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 February 20, 2025, to all stockholders of record as of the close of business on February 6, 2025. 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 Fourth Quarter and Full-Year 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 fourth quarter and twelve months ended December 31, 2024. For the three months ended December 31, 2024, net income totaled $24.3 million, or $0.20 per diluted common share. This compares with net income of $24.2 million, or $0.20 per diluted common share, in the third quarter of 2024. For the full year ended Decembe.
Neutral
Business Wire
1 month ago
Bank of Hope Donates $100,000 for Los Angeles Wildfire Relief
LOS ANGELES--(BUSINESS WIRE)--Bank of Hope, a wholly owned subsidiary of Hope Bancorp, Inc. (NASDAQ: HOPE), today announced a multipronged relief plan to support victims of the devastating wildfires in Los Angeles, including a $100,000 philanthropic donation to the United Way of Greater Los Angeles Wildfire Response Fund. “Los Angeles is home to Bank of Hope, and we are truly heartbroken to see the unprecedented destruction in our community,” said Kevin S. Kim, Chairman, President and Chief Exe.
Positive
Zacks Investment Research
1 month ago
Unlocking Q4 Potential of Hope Bancorp (HOPE): Exploring Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Hope Bancorp (HOPE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
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