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HOPE

Hope Bancorp Inc

$15.61

Earnings Summary

Revenue
$151.41Mn
Net Profits
$52.09Mn
Net Profit Margins
34.4%
PE Ratio
8.67

Highlights

Revenue:

Hope Bancorp Inc’s revenue jumped 10.03% since last year same period to $151.41Mn in the Q2 2022. On a quarterly growth basis, Hope Bancorp Inc has generated 4.24% jump in its revenue since last 3-months.

Net Profits:

Hope Bancorp Inc’s net profit fell -3.12% since last year same period to $52.09Mn in the Q2 2022. On a quarterly growth basis, Hope Bancorp Inc has generated -14.24% fall in its net profits since last 3-months.

Net Profit Margins:

Hope Bancorp Inc’s net profit margin fell -11.95% since last year same period to 34.4% in the Q2 2022. On a quarterly growth basis, Hope Bancorp Inc has generated -17.73% fall in its net profit margins since last 3-months.

PE Ratio:

Hope Bancorp Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.67.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Hope Bancorp Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.45
EPS Estimate Current Year
0.45

Highlights

EPS Estimate Current Quarter:

Hope Bancorp Inc’s earning per share (EPS) estimates for the current quarter stand at 0.45 - a 9.76% jump from last quarter’s estimates.

EPS Estimate Current Year:

Hope Bancorp Inc’s earning per share (EPS) estimates for the current year stand at 0.45.

Key Ratios

Key ratios of the Hope Bancorp Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.43
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.11
Dividend Per Share (DPS)
0.56

Highlights

Earning Per Share (EPS):

Hope Bancorp Inc’s earning per share (EPS) jumped 0% since last year same period to 0.43 in the Q2 2022. This indicates that the Hope Bancorp Inc has generated 0% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hope Bancorp Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hope Bancorp Inc’s return on equity (ROE) stands at 0.11.

Dividend Per Share (DPS):

Hope Bancorp Inc declared 0.56 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.41
0.43
4.88%
2022-05-09
0.39
0.5
28.21%

Company Information

Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only super regional Korean-American bank in the United States with $17.1 billion in total assets as of December 31, 2020. Headquartered in Los Angeles and serving a multi-ethnic population of customers across the nation, Bank of Hope operates 53 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia and Alabama. The Bank also operates SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California and Houston; commercial loan production offices in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. Bank of Hope specializes in core business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender.

Organisation
Hope Bancorp Inc
Headquarters
Los Angeles, California, US
Employees
1.41K
Industry
Finance
CEO
Kevin Kim