Investing.com - Hope Bancorp reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Hope Bancorp announced earnings per share of $0.45 on revenue of $202.50. Analysts polled by Investing.com anticipated EPS of $0.45 on revenue of $161.85M.
Hope Bancorp shares are down 26% from the beginning of the year, still down 24.66% from its 52 week high of $17.68 set on January 26.
Hope Bancorp follows other major Financial sector earnings this month
Hope Bancorp's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar