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 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 syndicated and leveraged loans 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. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and automated clearing house origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.
Research context
Hope Bancorp Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Financial Services
- Industry
- Banks - Regional
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5 years, 7 months ago
Hope Bancorp, Inc is currently in a long term uptrend where the price is trading 5.0% above its 200 day moving average.
From a valuation standpoint, the stock is 59.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.7.
Hope Bancorp, Inc's total revenue rose by 4.3% to $130M since the same quarter in the previous year.
Its net income has dropped by 34.2% to $28M since the same quarter in the previous year.
Finally, its free cash flow grew by 27.2% to $43M since the same quarter in the previous year.
Based on the above factors, Hope Bancorp, Inc gets an overall score of 4/5.