HOPE BANCORP INC (HOPE)


Stock Price Forecast

April 24, 2024


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About the Company

Bank of Hope is an American bank, based in Los Angeles, that focuses on the Korean American community. The bank was first established on December 30, 1980, under the name Wilshire Bank. On November 30, 2011, Nara Bank, which was established in 1989, merged with Center Financial Corporation, which was established in 1986. Nara Bancorp, Inc., changed its name to BBCN Bancorp, Inc. Center Bank changed its name to BBCN Bank. BBCN was an acronym for Business Bank of Center and Nara.On February 15, 2013, the company acquired Pacific International Bancorp, the holding company for Pacific International Bank, a Washington state–chartered bank with four branches in the Seattle metropolitan area.In August 2013, the company acquired Foster Bankshares, Inc., and became the largest Korean American Bank in Chicago.In July 2016, BBCN Bank and Wilshire Bank merged and were rebranded as Bank of Hope, with Hope Bancorp, Inc., as the bank holding company.In 2017, the bank almost acquired U & I Financial Corp, based in Seattle, but the acquisition was called off at the last minute.In August 2017, the bank opened a branch in Houston.In late 2020, the Wall Street Journal reported that the bank faced over $3 billion of loans with payment deferrals or modifications due to the COVID-19 pandemic, which represented 170% of the bank's tier-1 capital. Over 50% of the bank's assets were in the form of commercial real-estate loans, the second-highest ratio of all banks in its size class.

Sector

Finance

Industry

National Commercial Banks

Employees

920

Exchange

Nasdaq

$568M

Total Revenue

920

Employees

$1B

Market Capitalization

9.60

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $HOPE News

Hope Bancorp

4d ago, source: Forbes

Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and ...

Hope Bancorp Shares Cross Below 200 DMA

7d ago, source: Nasdaq

In trading on Thursday, shares of Hope Bancorp Inc (Symbol: HOPE) crossed below their 200 day moving average of $10.26, changing hands as low as $10.25 per share. Hope Bancorp Inc shares are ...

After a year of 8.0% returns, Hope Bancorp, Inc.'s (NASDAQ:HOPE) share price drop last week may have less of an impact on institutional investors

1mon ago, source: Yahoo Finance

Hope Bancorp is not owned by hedge funds. The company's largest shareholder is BlackRock, Inc., with ownership of 15%. For context, the second largest shareholder holds about 11% of the shares ...

Hope Bancorp, Inc. Common Stock (HOPE)

2mon ago, source: Nasdaq

The Dividend History page provides a single page to review all of the aggregated Dividend payment information. Visit our Dividend Calendar: Our partner, Quotemedia, provides the upcoming ex ...

Hope Bancorp Inc.

3d ago, source: Wall Street Journal

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Hope Bancorp (NASDAQ: HOPE)

6d ago, source: The Motley Fool

Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and ...

Hope Bancorp Inc HOPE

7d ago, source: Morningstar

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

Hope Bancorp Inc

7d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Hope Bancorp, Inc. (HOPE)

1y ago, source: Yahoo Finance

Overall score is calculated based on proprietary scores based on sector averages in key company indicators: fair value, dividends, innovation, hiring, and insider sentiment. Note: if you don't see ...

Hope Bancorp Inc.

11mon ago, source: Barron's

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

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