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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.
Industry | Banks-Regional |
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Sector | Financial Services |
ISIN | US43940T1097 |
CurrencyCode | USD |
Exchange | NASDAQ |
Beta | 1.19 |
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PE Ratio | 5.18 |
Market Cap | 1B |
Dividend Yield | 5.8% |
Target Price | 11.2 |
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business-related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. The company was incorporated in 2000 and is headquartered in Los Angeles, California.
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