
Hope Bancorp (HOPE) Stock Forecast & Price Target
Hope Bancorp (HOPE) Analyst Ratings
Bulls say
Hope Bancorp has demonstrated an improvement in non-performing loan (NPL) coverage, increasing to 166%, along with a sustainable net charge-off (NCO) rate of 0.19% for the full year, suggesting strong credit risk management. The merger with TBNK is expected to enhance total loan growth into the high single-digit range by 2025, complemented by the anticipated addition of lower-cost deposits. Positive credit migration indicators, including a reduction in criticized loans and non-performing assets, further underscore the bank's financial stability and growth potential moving forward.
Bears say
Hope Bancorp has experienced a decline in net interest income (NII) by 2.6% quarter-over-quarter, coupled with a contraction in net interest margin (NIM) to 2.50%, which signals ongoing pressures on profitability. Average loan yields fell by 21 basis points, and the company's average earning assets decreased by $107 million, indicating a potentially degrading asset quality and reduced lending activity. Additionally, a significant drop in period-end deposits by 10.9% raises concerns over funding stability and competitiveness, further complicating the bank's financial outlook.
This aggregate rating is based on analysts' research of Hope Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Hope Bancorp (HOPE) Analyst Forecast & Price Prediction
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