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Hope Bancorp Q1 2024 Earnings Report

Hope Bancorp logo
$12.37 +0.29 (+2.40%)
(As of 12/20/2024 05:31 PM ET)

Hope Bancorp EPS Results

Actual EPS
$0.21
Consensus EPS
$0.26
Beat/Miss
Missed by -$0.05
One Year Ago EPS
$0.33

Hope Bancorp Revenue Results

Actual Revenue
$123.30 million
Expected Revenue
$130.42 million
Beat/Miss
Missed by -$7.12 million
YoY Revenue Growth
-14.90%

Hope Bancorp Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Conference Call Resources

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About Hope Bancorp

Hope Bancorp (NASDAQ:HOPE) 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 also 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 loans syndication 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 ACH 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.

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