Hope Bancorp (NASDAQ:HOPE – Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 22nd. Analysts expect Hope Bancorp to post earnings of $0.20 per share and revenue of $133.90 million for the quarter.
Hope Bancorp (NASDAQ:HOPE – Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. The company had revenue of $217.17 million for the quarter, compared to the consensus estimate of $114.97 million. Hope Bancorp had a return on equity of 4.60% and a net margin of 9.82%. During the same quarter in the prior year, the business posted $0.23 earnings per share. On average, analysts expect Hope Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Hope Bancorp Stock Performance
Shares of HOPE stock opened at $11.66 on Tuesday. The company has a market capitalization of $1.49 billion, a P/E ratio of 14.95 and a beta of 0.90. The business’s 50 day moving average is $10.49 and its two-hundred day moving average is $10.73. Hope Bancorp has a 12-month low of $8.83 and a 12-month high of $14.54. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10.
Hope Bancorp Dividend Announcement
Institutional Investors Weigh In On Hope Bancorp
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Millennium Management LLC boosted its position in shares of Hope Bancorp by 147.1% during the first quarter. Millennium Management LLC now owns 492,153 shares of the financial services provider’s stock worth $5,153,000 after buying an additional 292,994 shares during the period. Jane Street Group LLC boosted its position in shares of Hope Bancorp by 676.8% during the first quarter. Jane Street Group LLC now owns 227,116 shares of the financial services provider’s stock worth $2,378,000 after buying an additional 197,877 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Hope Bancorp by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,936 shares of the financial services provider’s stock worth $722,000 after buying an additional 3,005 shares during the period. Royal Bank of Canada boosted its position in shares of Hope Bancorp by 91.5% during the first quarter. Royal Bank of Canada now owns 32,828 shares of the financial services provider’s stock worth $344,000 after buying an additional 15,687 shares during the period. Finally, Caxton Associates LLP purchased a new position in shares of Hope Bancorp during the first quarter worth $297,000. Institutional investors and hedge funds own 84.00% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Hope Bancorp from a “sell” rating to a “hold” rating in a report on Monday, May 12th.
View Our Latest Research Report on Hope Bancorp
About Hope Bancorp
Hope Bancorp, Inc operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company also offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and loans syndication services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans.
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