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Hope Bancorp (HOPE) Competitors

$10.34
-0.04 (-0.39%)
(As of 05/28/2024 ET)

HOPE vs. WABC, NBHC, FCF, SASR, CHCO, WSBC, TBBK, NBTB, 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), Sandy Spring Bancorp (SASR), City (CHCO), WesBanco (WSBC), Bancorp (TBBK), NBT Bancorp (NBTB), 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 superior investment? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation and risk.

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 5.4%. Westamerica Bancorporation pays an annual dividend of $1.76 per share and has a dividend yield of 3.7%. 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.

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

In the previous week, Hope Bancorp had 18 more articles in the media than Westamerica Bancorporation. MarketBeat recorded 22 mentions for Hope Bancorp and 4 mentions for Westamerica Bancorporation. Westamerica Bancorporation's average media sentiment score of 0.94 beat Hope Bancorp's score of 0.71 indicating that Westamerica Bancorporation is being referred to more favorably in the news media.

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

Hope Bancorp presently has a consensus price target of $11.83, suggesting a potential upside of 14.44%. Westamerica Bancorporation has a consensus price target of $53.50, suggesting a potential upside of 11.74%. Given Hope Bancorp's stronger consensus rating and higher possible upside, equities analysts clearly 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 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%

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$1.09B1.14$133.67M$1.0010.34
Westamerica Bancorporation$327.54M3.90$161.77M$5.928.09

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%

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 company insiders. Comparatively, 5.5% of Westamerica Bancorporation shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Hope Bancorp beats Westamerica Bancorporation on 11 of the 20 factors compared between the two stocks.

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$1.25B$18.49B$9.33B$8.09B
Dividend Yield5.39%3.93%10.58%3.96%
P/E Ratio10.349.7448.5018.43
Price / Sales1.141.90232.5672.31
Price / Cash7.758.6816.8928.77
Price / Book0.591.042.474.39
Net Income$133.67M$2.35B$1.01B$213.55M
7 Day Performance-3.36%-2.44%-1.24%-0.80%
1 Month Performance-5.66%1.45%1.85%3.42%
1 Year Performance23.83%15.48%25.10%7.53%

Hope Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WABC
Westamerica Bancorporation
3.6255 of 5 stars
$50.10
-0.3%
$53.50
+6.8%
+21.7%$1.34B$327.54M8.46641
NBHC
National Bank
2.1828 of 5 stars
$37.30
+0.5%
$38.63
+3.6%
+18.6%$1.41B$559.33M10.721,274Analyst Upgrade
FCF
First Commonwealth Financial
3.6283 of 5 stars
$13.95
+0.1%
$16.25
+16.5%
+3.1%$1.43B$626.61M8.661,504
SASR
Sandy Spring Bancorp
3.3626 of 5 stars
$24.08
+2.1%
$23.50
-2.4%
+4.2%$1.09B$704.60M11.801,112Positive News
CHCO
City
1.2576 of 5 stars
$102.96
+0.4%
$106.75
+3.7%
+12.7%$1.52B$341.89M12.95957Positive News
WSBC
WesBanco
4.2509 of 5 stars
$28.81
+0.9%
$30.60
+6.2%
+11.4%$1.71B$831.96M12.002,321Positive News
TBBK
Bancorp
3.542 of 5 stars
$33.77
+0.5%
$49.00
+45.1%
-0.7%$1.76B$621.60M9.18757Short Interest ↑
NBTB
NBT Bancorp
3.7587 of 5 stars
$38.39
+0.3%
$41.20
+7.3%
+4.8%$1.81B$664.97M14.822,034
TRMK
Trustmark
3.5047 of 5 stars
$30.45
+0.4%
$32.75
+7.6%
+34.5%$1.86B$1.10B11.852,757Positive News
FRME
First Merchants
4.9807 of 5 stars
$35.15
+0.5%
$41.25
+17.4%
+20.7%$2.06B$999.49M10.132,162Positive News

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This page (NASDAQ:HOPE) was last updated on 5/29/2024 by MarketBeat.com Staff

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