A Business at a Glance
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HOPE BANCORP INC
HOPE
$1.7B
Mkt Cap
$13.45
+0.07%
HOPE BANCORP INC (HOPE) has a current P/E ratio of 27.4, compared to its historical median P/E of 9.8. The stock is currently considered Expensive based on its historical valuation range.
HOPE BANCORP INC (HOPE) has a 5-year average return on invested capital (ROIC) of 6.8%. This is below average and may indicate limited pricing power.
HOPE BANCORP INC (HOPE) has a market capitalization of $1.7B. It is classified as a small-cap stock.
Yes, HOPE BANCORP INC (HOPE) pays a dividend with a trailing twelve-month yield of 4.17%.
Based on historical P/E analysis, HOPE BANCORP INC (HOPE) appears expensive. The current P/E of 27.4 is 181% above its historical median of 9.8. The estimated fair value CAGR (P/E method) is -8.3%.
HOPE BANCORP INC (HOPE) operates in the National Commercial Banks industry, within the Financials sector.
HOPE BANCORP INC (HOPE) reported annual revenue of $968 million in its most recent fiscal year, based on SEC EDGAR filings.
Hope Bancorp, Inc. (“Hope Bancorp” on a parent-only basis, and the “Company,” “we” or “our” on a consolidated basis with the Bank of Hope) is a bank holding company headquartered in Los Angeles, California. Hope Bancorp was incorporated in Delaware in the year 2000. We offer commercial and retail banking loan and deposit products through our wholly-owned subsidiary, Bank of Hope, a California state-chartered bank (the “Bank” or “Bank of Hope”). From our roots as a Korean-American focused bank, we have grown to be one of the largest independent commercial banks headquartered in California and serve a multi-ethnic population of customers around the United States. Our network of branches and loan production offices includes locations in California, New York, Texas, Hawaii, Washington, Illinois, New Jersey, Georgia, Florida, Alabama, Colorado, and Oregon, and includes a representative office in Seoul, South Korea.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 523M | 968M | 1.0B | 1.1B | 768M | 610M |
| Net Income | 70M | 62M | 100M | 134M | 218M | 205M |
| EPS | $0.55 | $0.49 | $0.82 | $1.11 | $1.81 | $1.66 |
| Free Cash Flow | 139M | 151M | 107M | 461M | 476M | 317M |
| ROIC | 0.0% | 2.8% | 4.7% | 6.4% | 10.6% | 9.8% |
| Gross Margin | - | 49.5% | 48.8% | 49.3% | 80.8% | 91.2% |
| Debt/Equity | 0.13 | 0.13 | 0.12 | 0.85 | 0.43 | 0.10 |
| Dividends/Share | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 |
| Operating Income | 0 | 77M | 133M | 178M | 296M | 275M |
| Operating Margin | 0.0% | 8.0% | 13.3% | 16.3% | 38.6% | 45.1% |
| ROE | 3.1% | 2.8% | 4.7% | 6.5% | 10.6% | 9.9% |
| Shares Outstanding | 128M | 126M | 122M | 120M | 121M | 123M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 347M | 357M | 474M | 639M | 710M | 734M | 652M | 610M | 768M | 1.1B | 1.0B | 968M | 523M |
| Gross Margin | 86.0% | 86.4% | 85.7% | 83.1% | 75.1% | 69.3% | 79.8% | 91.2% | 80.8% | 49.3% | 48.8% | 49.5% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 76M | 85M | 108M | 145M | 154M | 161M | 163M | 175M | 205M | 208M | 178M | 214M | 222M |
| EBIT | 147M | 155M | 191M | 264M | 255M | 226M | 142M | 275M | 296M | 178M | 133M | 77M | 0 |
| Op. Margin | 42.2% | 43.5% | 40.4% | 41.3% | 36.0% | 30.8% | 21.8% | 45.1% | 38.6% | 16.3% | 13.3% | 8.0% | 0.0% |
| Net Income | 89M | 92M | 114M | 139M | 190M | 171M | 112M | 205M | 218M | 134M | 100M | 62M | 70M |
| Net Margin | 25.5% | 25.8% | 24.0% | 21.8% | 26.7% | 23.3% | 17.1% | 33.5% | 28.4% | 12.2% | 10.0% | 6.4% | 13.4% |
| Non-Recurring | 0 | -64K | -176K | 868K | 1.6M | -75K | 3.2M | -9K | 0 | 12M | 1.0M | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 10.5% | 10.1% | 8.1% | 7.4% | 9.9% | 8.6% | 5.4% | 9.8% | 10.6% | 6.4% | 4.7% | 2.8% | 0.0% |
| ROE | 10.5% | 10.1% | 8.1% | 7.4% | 9.9% | 8.7% | 5.5% | 9.9% | 10.6% | 6.5% | 4.7% | 2.8% | 3.1% |
| ROA | 1.3% | 1.2% | 1.1% | 1.0% | 1.3% | 1.1% | 0.7% | 1.2% | 1.2% | 0.7% | 0.6% | 0.3% | 0.4% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 136M | 108M | 131M | 204M | 220M | 184M | 166M | 324M | 486M | 474M | 117M | 165M | 152M |
| Free Cash Flow | 129M | 97M | 116M | 189M | 213M | 177M | 161M | 317M | 476M | 461M | 107M | 151M | 139M |
| Owner Earnings | 128M | 100M | 120M | 191M | 207M | 170M | 150M | 308M | 465M | 453M | 99M | 147M | 130M |
| CapEx | 6.4M | 11M | 14M | 15M | 6.8M | 6.6M | 5.0M | 7.2M | 9.1M | 13M | 9.8M | 13M | 12M |
| Maint. CapEx | 6.6M | 7.0M | 8.1M | 9.3M | 9.2M | 8.3M | 8.2M | 8.2M | 7.9M | 8.4M | 8.7M | 10M | 15M |
| Growth CapEx | 0 | 3.9M | 6.2M | 5.5M | 0 | 0 | 0 | 0 | 1.2M | 4.7M | 1.1M | 2.8M | 0 |
| D&A | 6.6M | 7.0M | 8.1M | 9.3M | 9.2M | 8.3M | 8.2M | 8.2M | 7.9M | 8.4M | 8.7M | 10M | 15M |
| CapEx/OCF | 4.7% | 10.1% | 11.0% | 7.3% | 3.1% | 3.6% | 3.0% | 2.2% | 1.9% | 2.8% | 8.4% | 8.0% | 8.2% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 28M | 33M | 43M | 68M | 72M | 71M | 69M | 69M | 67M | 67M | 68M | 71M | 72M |
| Dividend Yield | 3.7% | 4.4% | 3.8% | 4.0% | 4.6% | 5.5% | 7.6% | 4.9% | 4.6% | 6.3% | 5.1% | 5.4% | 4.2% |
| Share Buybacks | 0 | 0 | 0 | 0 | 150M | 13M | 37M | 50M | 15M | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | 13.6% | 1.0% | 3.5% | 3.4% | 1.1% | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 705K | 1.0M | 3.0M | 3.2M | 3.7M | 5.3M | 8.1M | 8.4M | 12M | 12M | 8.9M | 7.7M | 6.8M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 197M | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | -461M | -297M | -434M | -396M | -315M | -2.2B | -2.4B | -2.8B | 370M | -121M | -208M | -265M | -308M |
| Cash & Equiv. | 462M | 298M | 437M | 492M | 460M | 699M | 351M | 316M | 507M | 1.9B | 458M | 560M | 595M |
| Long-Term Debt | N/A | N/A | N/A | 5.1M | 12M | 16M | 14M | 9.2M | 11M | 12M | 11M | 9.6M | 2.2M |
| Debt/Equity | 0.00 | 0.00 | 0.00 | 0.05 | 0.10 | 0.10 | 0.10 | 0.10 | 0.43 | 0.85 | 0.12 | 0.13 | 0.13 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | 883M | 938M | 1.9B | 1.9B | 1.9B | 2.0B | 2.1B | 2.1B | 2.0B | 2.1B | 2.1B | 2.3B | 2.3B |
| Total Assets | 7.1B | 7.9B | 13.4B | 14.2B | 15.3B | 15.7B | 17.1B | 17.9B | 19.2B | 19.1B | 17.1B | 18.5B | 18.7B |
| Total Liabilities | 6.3B | 7.0B | 11.6B | 12.3B | 13.4B | 13.6B | 15.1B | 15.8B | 17.1B | 17.0B | 14.9B | 16.2B | 16.4B |
| Intangibles | 3.9M | 2.8M | 19M | 17M | 14M | 12M | 9.7M | 7.7M | 5.7M | 3.9M | 2.3M | 45M | 44M |
| Retained Earnings | 339M | 398M | 470M | 545M | 662M | 762M | 786M | 933M | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 1.11 | 1.16 | 1.10 | 1.03 | 1.44 | 1.35 | 0.90 | 1.66 | 1.81 | 1.11 | 0.82 | 0.49 | 0.55 |
| Owner EPS | 1.61 | 1.26 | 1.16 | 1.41 | 1.57 | 1.34 | 1.21 | 2.50 | 3.86 | 3.76 | 0.82 | 1.17 | 1.01 |
| Book Value | 11.06 | 11.80 | 17.94 | 14.24 | 14.46 | 16.07 | 16.58 | 16.98 | 16.74 | 17.61 | 17.57 | 18.17 | 17.86 |
| Cash Flow/Share | 1.70 | 1.36 | 1.26 | 1.50 | 1.67 | 1.45 | 1.34 | 2.63 | 4.03 | 3.93 | 0.96 | 1.31 | 0.67 |
| Dividends/Share | 0.35 | 0.42 | 0.41 | 0.50 | 0.54 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 |
| Shares Out. | 79.8M | 79.5M | 103.4M | 135.4M | 131.7M | 126.7M | 123.9M | 123.2M | 120.6M | 120.4M | 121.5M | 125.7M | 127.8M |
| Valuation | |||||||||||||
| P/E Ratio | 8.0 | 9.9 | 13.4 | 12.2 | 5.8 | 8.1 | 9.6 | 7.2 | 6.0 | 10.0 | 14.1 | 22.7 | 24.6 |
| P/FCF | 5.5 | 9.4 | 13.1 | 9.0 | 5.2 | 7.8 | 6.6 | 4.6 | 2.7 | 2.9 | 13.1 | 9.2 | 12.3 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 0.8 | 1.0 | 0.8 | 0.9 | 0.6 | 0.7 | 0.5 | 0.7 | 0.6 | 0.6 | 0.7 | 0.6 | 0.8 |
| Price/Sales | 2.4 | 2.4 | 2.7 | 3.1 | 2.8 | 2.5 | 1.8 | 2.5 | 2.3 | 1.9 | 2.8 | 2.6 | 3.3 |
| FCF Yield | 18.1% | 10.7% | 7.6% | 11.1% | 19.4% | 12.9% | 15.1% | 21.6% | 36.4% | 34.6% | 7.6% | 10.8% | 8.1% |
| Market Cap | 712M | 909M | 1.5B | 1.7B | 1.1B | 1.4B | 1.1B | 1.5B | 1.3B | 1.3B | 1.4B | 1.4B | 1.7B |
| Avg. Price | 9.53 | 9.64 | 10.75 | 12.62 | 11.85 | 10.11 | 7.38 | 11.29 | 12.17 | 8.80 | 10.79 | 10.34 | 13.45 |
| Year-End Price | 8.92 | 11.43 | 14.74 | 12.61 | 8.36 | 10.87 | 8.60 | 11.91 | 10.85 | 11.07 | 11.53 | 11.12 | 13.45 |
HOPE BANCORP INC passes 3 of 9 quality checks, indicating weak fundamentals.
HOPE BANCORP INC trades at 27.4x trailing earnings, compared to its 15-year median P/E of 9.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 11.4x vs a median of 7.2x. The company's 5-year average ROIC is 6.8% with a gross margin of 63.9%. Total shareholder yield (dividends) is 4.2%. At current prices, the estimated annualized return to fair value is +3.3%.
HOPE BANCORP INC (HOPE) has a net profit margin of 6.4%. This is a modest margin.
HOPE BANCORP INC (HOPE) generated $151 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
HOPE BANCORP INC (HOPE) has a debt-to-equity ratio of 0.13. This indicates a conservatively financed balance sheet.
HOPE BANCORP INC (HOPE) reported earnings per share (EPS) of $0.49 in its most recent fiscal year.
HOPE BANCORP INC (HOPE) has a return on equity (ROE) of 2.8%. This indicates moderate shareholder returns.
HOPE BANCORP INC (HOPE) has a 5-year average gross margin of 63.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 17 years of financial data for HOPE BANCORP INC (HOPE), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
HOPE BANCORP INC (HOPE) has a book value per share of $18.17, based on its most recent annual SEC filing.