Hope Bancorp (HOPE) Competitors

$10.93
+0.06 (+0.55%)
(As of 05/17/2024 ET)

HOPE vs. WABC, NBHC, FCF, CHCO, SASR, WSBC, NBTB, TBBK, TRMK, and FRME

Should you be buying Hope Bancorp stock or one of its competitors? The main competitors of Hope Bancorp include Westamerica Bancorporation (WABC), National Bank (NBHC), First Commonwealth Financial (FCF), City (CHCO), Sandy Spring Bancorp (SASR), WesBanco (WSBC), NBT Bancorp (NBTB), Bancorp (TBBK), Trustmark (TRMK), and First Merchants (FRME). These companies are all part of the "regional banks" industry.

Hope Bancorp vs.

Hope Bancorp (NASDAQ:HOPE) and Westamerica Bancorporation (NASDAQ:WABC) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, community ranking, earnings, valuation, media sentiment, profitability, analyst recommendations and dividends.

In the previous week, Hope Bancorp had 5 more articles in the media than Westamerica Bancorporation. MarketBeat recorded 8 mentions for Hope Bancorp and 3 mentions for Westamerica Bancorporation. Hope Bancorp's average media sentiment score of 0.61 beat Westamerica Bancorporation's score of -0.38 indicating that Hope Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hope Bancorp
2 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Westamerica Bancorporation
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

Westamerica Bancorporation has a net margin of 48.35% compared to Hope Bancorp's net margin of 10.80%. Westamerica Bancorporation's return on equity of 21.99% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hope Bancorp10.80% 6.43% 0.69%
Westamerica Bancorporation 48.35%21.99%2.42%

Hope Bancorp currently has a consensus price target of $11.83, suggesting a potential upside of 8.26%. Westamerica Bancorporation has a consensus price target of $53.50, suggesting a potential upside of 6.21%. Given Hope Bancorp's stronger consensus rating and higher probable upside, equities analysts plainly believe Hope Bancorp is more favorable than Westamerica Bancorporation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hope Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Westamerica Bancorporation
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 5.1%. Westamerica Bancorporation pays an annual dividend of $1.76 per share and has a dividend yield of 3.5%. Hope Bancorp pays out 56.0% of its earnings in the form of a dividend. Westamerica Bancorporation pays out 29.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Westamerica Bancorporation has lower revenue, but higher earnings than Hope Bancorp. Westamerica Bancorporation is trading at a lower price-to-earnings ratio than Hope Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hope Bancorp$1.09B1.20$133.67M$1.0010.93
Westamerica Bancorporation$327.54M4.10$161.77M$5.928.51

84.0% of Hope Bancorp shares are owned by institutional investors. Comparatively, 81.9% of Westamerica Bancorporation shares are owned by institutional investors. 5.3% of Hope Bancorp shares are owned by insiders. Comparatively, 4.4% of Westamerica Bancorporation shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Hope Bancorp received 24 more outperform votes than Westamerica Bancorporation when rated by MarketBeat users. Likewise, 51.47% of users gave Hope Bancorp an outperform vote while only 50.32% of users gave Westamerica Bancorporation an outperform vote.

CompanyUnderperformOutperform
Hope BancorpOutperform Votes
262
51.47%
Underperform Votes
247
48.53%
Westamerica BancorporationOutperform Votes
238
50.32%
Underperform Votes
235
49.68%

Hope Bancorp has a beta of 1.15, suggesting that its stock price is 15% more volatile than the S&P 500. Comparatively, Westamerica Bancorporation has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500.

Summary

Hope Bancorp beats Westamerica Bancorporation on 13 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HOPE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HOPE vs. The Competition

MetricHope BancorpNational commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.32B$18.95B$10.07B$7.99B
Dividend Yield5.12%3.83%5.84%3.91%
P/E Ratio10.939.8537.0415.05
Price / Sales1.201.90207.8481.39
Price / Cash8.169.1016.6831.98
Price / Book0.621.083.324.64
Net Income$133.67M$2.30B$1.01B$217.28M
7 Day Performance-0.27%1.54%1.72%2.90%
1 Month Performance1.96%4.93%4.59%6.66%
1 Year Performance34.44%20.47%19.56%9.89%

Hope Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WABC
Westamerica Bancorporation
1.1945 of 5 stars
$49.30
-0.7%
$53.50
+8.5%
+27.4%$1.32B$327.54M8.33641Analyst Upgrade
NBHC
National Bank
2.3333 of 5 stars
$35.40
-0.3%
$38.63
+9.1%
+16.7%$1.34B$559.33M10.171,274
FCF
First Commonwealth Financial
3.5701 of 5 stars
$13.94
+0.7%
$16.25
+16.6%
+11.9%$1.43B$626.61M8.661,504Analyst Downgrade
CHCO
City
1.0547 of 5 stars
$103.61
-0.9%
$106.75
+3.0%
+15.7%$1.53B$281.91M13.03957Insider Selling
High Trading Volume
SASR
Sandy Spring Bancorp
3.1197 of 5 stars
$23.08
+1.3%
$23.50
+1.8%
+8.8%$1.04B$403.79M11.311,112Positive News
WSBC
WesBanco
3.7072 of 5 stars
$28.60
+0.9%
$30.60
+7.0%
+21.1%$1.70B$831.96M11.922,321Dividend Announcement
NBTB
NBT Bancorp
3.223 of 5 stars
$37.63
+0.5%
$41.20
+9.5%
+8.3%$1.77B$664.97M14.532,034Positive News
TBBK
Bancorp
3.4513 of 5 stars
$34.61
+2.1%
$49.00
+41.6%
+6.0%$1.81B$621.60M9.40757
TRMK
Trustmark
2.2264 of 5 stars
$30.54
+1.2%
$32.75
+7.2%
+38.5%$1.87B$1.10B11.882,757Positive News
FRME
First Merchants
4.7189 of 5 stars
$35.46
+0.1%
$41.25
+16.3%
+33.8%$2.08B$999.49M10.222,162Short Interest ↑

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This page (NASDAQ:HOPE) was last updated on 5/19/2024 by MarketBeat.com Staff

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