$0.31 EPS Expected for Hope Bancorp, Inc. (HOPE)

December 28, 2017 – By Peter Erickson

Analysts expect Hope Bancorp, Inc. (NASDAQ:HOPE) to report $0.31 EPS on January, 23.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.31 EPS. HOPE’s profit would be $42.00M giving it 14.86 P/E if the $0.31 EPS is correct. After having $0.33 EPS previously, Hope Bancorp, Inc.’s analysts see -6.06 % EPS growth. It closed at $18.43 lastly. It is down 17.83% since December 28, 2016 and is uptrending. It has outperformed by 1.13% the S&P500.

Hope Bancorp, Inc. (NASDAQ:HOPE) Ratings Coverage

Among 5 analysts covering Hope Bancorp (NASDAQ:HOPE), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Hope Bancorp had 7 analyst reports since January 26, 2017 according to SRatingsIntel. The firm has “Mkt Perform” rating given on Thursday, January 26 by Keefe Bruyette & Woods. Raymond James downgraded the shares of HOPE in report on Thursday, November 2 to “Market Perform” rating. The firm earned “Hold” rating on Friday, September 15 by Piper Jaffray. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. The company was maintained on Friday, June 2 by Keefe Bruyette & Woods.

Hope Bancorp, Inc. operates as the bank holding firm for Bank of Hope that provides commercial banking services primarily to small and medium-sized businesses and individuals in the United States. The company has market cap of $2.50 billion. The firm offers deposits comprising personal and business checking accounts, money market accounts, savings accounts, time deposit accounts, and individual retirement accounts. It has a 15.44 P/E ratio. It also provides commercial loans to businesses for various purposes, which consist of working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans.

More important recent Hope Bancorp, Inc. (NASDAQ:HOPE) news were published by: Globenewswire.com which released: “Hope Bancorp to Announce 2017 Second Quarter Financial Results on Tuesday …” on June 29, 2017, also Globenewswire.com published article titled: “Hope Bancorp Declares Quarterly Cash Dividend of $0.13 per Share”, Globenewswire.com published: “Hope Bancorp to Announce 2017 Third Quarter Financial Results on Tuesday …” on September 28, 2017. More interesting news about Hope Bancorp, Inc. (NASDAQ:HOPE) was released by: Globenewswire.com and their article: “Hope Bancorp Announces Mutual Termination of Proposed U & I Financial Merger” with publication date: September 15, 2017.