HOPE Stock Recent News

The U.S. banking industry faced one of its worst shocks of the past decade this March. The sudden surge in interest rates caused depositors to pull their money from some banks; meanwhile, the value of many fixed-income investments declined given the change in interest rates.

Hope Bancorp, Inc. (NASDAQ:HOPE ) Q2 2023 Earnings Conference Call July 24, 2023 12:30 PM ET Company Participants Angie Yang - Director, Investor Relations Kevin Kim - Chairman, President and Chief Executive Officer Julianna Balicka - Executive Vice President and Chief Financial Officer Peter Koh - Senior Executive Vice President and Chief Operating Officer Conference Call Participants Christopher McGratty - KBW Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Operator Good morning and welcome to the Hope Bancorp 2023 Second Quarter Earnings Conference Call.

While the top- and bottom-line numbers for Hope Bancorp (HOPE) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hope Bancorp (HOPE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.43 per share a year ago.

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2023 second quarter before the markets open on Monday, July 24, 2023. A conference call to discuss 2023 second quarter financial results will be held on Monday, July 24, 2023, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time. A presentation deck to accompany the earnings call will be available at the Investor Relations section of Hope Bancorp's website at www.

Thirteen badly beaten-up bank stocks are reviewed and compared to those that were recently taken over. Items reviewed include uninsured deposits, risky activities, unrealized investment losses, capital ratios, ROE, performance in the last recession, and loan growth.

While the top- and bottom-line numbers for Hope Bancorp (HOPE) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hope Bancorp (HOPE) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.50 per share a year ago.

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2023 first quarter after the markets close on Monday, April 24, 2023. A conference call to discuss 2023 first quarter financial results will be held on Tuesday, April 25, 2023 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.

CIVI, MTDR and HOPE have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2023.