GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hope Bancorp Inc (FRA:NRB) » Definitions » 5-Year Yield-on-Cost %

Hope Bancorp (FRA:NRB) 5-Year Yield-on-Cost % : 5.60 (As of Jun. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Hope Bancorp 5-Year Yield-on-Cost %?

Hope Bancorp's yield on cost for the quarter that ended in Mar. 2024 was 5.60.


The historical rank and industry rank for Hope Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:NRB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.72   Med: 3.52   Max: 7.89
Current: 5.6


During the past 13 years, Hope Bancorp's highest Yield on Cost was 7.89. The lowest was 0.72. And the median was 3.52.


FRA:NRB's 5-Year Yield-on-Cost % is ranked better than
57.53% of 1189 companies
in the Banks industry
Industry Median: 5.07 vs FRA:NRB: 5.60

Competitive Comparison of Hope Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Hope Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hope Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hope Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hope Bancorp's 5-Year Yield-on-Cost % falls into.



Hope Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Hope Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Hope Bancorp  (FRA:NRB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Hope Bancorp 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Hope Bancorp's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hope Bancorp (FRA:NRB) Business Description

Traded in Other Exchanges
Address
3200 Wilshire Boulevard, Suite 1400, Los Angeles, CA, USA, 90010
Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services and other banking services.

Hope Bancorp (FRA:NRB) Headlines

No Headlines