Hope Bancorp (HOPE) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Hope Bancorp (HOPE) reported revenue of $118.02 million, down 12.7% over the same period last year. EPS came in at $0.20, compared to $0.32 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $121 million, representing a surprise of -2.47%. The company delivered an EPS surprise of +5.26%, with the consensus EPS estimate being $0.19.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Hope Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 65.8% versus 65.6% estimated by three analysts on average. Net Interest Margin: 2.5% versus 2.6% estimated by three analysts on average. Net charge-offs to average loans: 0.4% versus 0.2% estimated by two analysts on average. Average Balance - Total interest earning assets: $16.27 billion versus $16.50 billion estimated by two analysts on average. Net Interest Income: $102.14 million versus the three-analyst average estimate of $109.26 million. Net gains on sales of SBA loans: $3.06 million versus the three-analyst average estimate of $2.91 million. Total noninterest income: $15.88 million compared to the $12.74 million average estimate based on three analysts. Service fees on deposit accounts: $2.81 million compared to the $2.85 million average estimate based on two analysts. View all Key Company Metrics for Hope Bancorp here>>>Shares of Hope Bancorp have returned -1.5% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hope Bancorp, Inc. (HOPE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks