Hope Bancorp HOPE
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Hope Bancorp (HOPE) Business Model and Operations Summary
Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services and other banking services.
Key Insights
Hope Bancorp (HOPE) Core Market Data and Business Metrics
Latest Closing Price
$10.51Market Cap
$1.20 BillionPrice-Earnings Ratio
12.82Total Outstanding Shares
120.77 Million SharesTotal Employees
1,244Dividend
$0.14 Per Share QuarterlyIPO Date
January 29, 1998SIC Description
National Commercial BanksPrimary Exchange
NASDAQHeadquarters
3200 Wilshire Blvd, Los Angeles, CA, 90010
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 2,653,186 Shares | +38.29% | 3/14/2025 | 2.98 |
| 1,918,565 Shares | +12.59% | 2/28/2025 | 3.35 |
| 1,704,065 Shares | -15.59% | 2/14/2025 | 2.83 |
| 2,018,725 Shares | -25.72% | 1/31/2025 | 2.2 |
| 2,717,583 Shares | +18.67% | 1/15/2025 | 4.82 |
| 2,289,986 Shares | +8.37% | 12/31/2024 | 2.8 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $116.72 Million |
| Net Cash Flow From Financing Activities | $-2.05 Billion |
| Net Cash Flow From Investing Activities, Continuing | $466.52 Million |
| Net Cash Flow From Operating Activities, Continuing | $116.72 Million |
| Net Cash Flow, Continuing | $-1.47 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-2.05 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noninterest Expense | $324.68 Million |
| Noninterest Income | $47.08 Million |
| Revenues | $953.98 Million |
| Income Tax Expense/Benefit, Current | $28.05 Million |
| Net Income/Loss Attributable To Parent | $99.63 Million |
| Provision For Loan, Lease, And Other Losses | $17.28 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $76.50 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-23.13 Million |
| Comprehensive Income/Loss Attributable To Parent | $76.50 Million |
| Other Comprehensive Income/Loss | $76.50 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities | $14.92 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Equity Attributable To Parent | $2.13 Billion |
| Liabilities And Equity | $17.05 Billion |
| Assets | $17.05 Billion |
| Intangible Assets | $2.33 Million |
Historical Dividends
Current dividend: $0.14 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 27, 2025 | Feb 20, 2025 | Feb 6, 2025 | $0.14 | Quarterly |
| Oct 28, 2024 | Nov 21, 2024 | Nov 7, 2024 | $0.14 | Quarterly |
| Jul 29, 2024 | Aug 22, 2024 | Aug 8, 2024 | $0.14 | Quarterly |
| Apr 29, 2024 | May 23, 2024 | May 9, 2024 | $0.14 | Quarterly |
| Jan 30, 2024 | Feb 23, 2024 | Feb 9, 2024 | $0.14 | Quarterly |
| Oct 23, 2023 | Nov 16, 2023 | Nov 2, 2023 | $0.14 | Quarterly |