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Hope Bancorp Inc

Hope Bancorp Inc

HOPE · NASDAQ · Financial Services / Banks - Regional

13.02USD-0.04 (-0.31%)

Price History

Full chart

Market Stats

Previous Close13.06
Open13.08
Day Range12.96 – 13.19
52-Week Range9.49 – 14.59
Volume729.00K
Market Cap1.75B
P/E (TTM)13.45
Forward P/E9.71
EPS1.02
Dividend Yield4.08%
Beta0.81
50-Day Avg13.96
200-Day Avg12.52

About

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and syndicated and leveraged loans services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and automated clearing house origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Kevin Sung Kim J.D.
  • Employees1.43K
  • Headquarters3200 Wilshire Boulevard, Los Angeles, CA, United States, 90010, USA
  • Websitehttps://www.bankofhope.com

Leadership

  • Mr. Kevin Sung Kim J.D.Chairman, President & CEO · b. 1958
  • Ms. Julianna BalickaExecutive VP & CFO · b. 1979
  • Mr. Peter J. KohSenior EVP & COO · b. 1977
  • Mr. Jason K. KimSenior EVP & Chief Business Banking Officer · b. 1967
  • Mr. Thomas P. StengerSenior EVP & Chief Risk Officer · b. 1960
  • Mr. Daniel H. KimExecutive VP and Chief Strategy & Administrative Officer · b. 1968
  • Ms. Angie YangSenior VP and Director of IR & Corporate Communications
  • Ms. Angelee J. HarrisExecutive VP, General Counsel & Corporate Secretary · b. 1970
  • Ms. Kyu S. KimSenior Executive VP & Chief Commercial Banking Officer · b. 1961
  • Mr. Andy ChanExecutive VP & Chief Internal Audit Executive

Financials

Income Statement

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.00M9.07M12.55M33.28M55.12M63.18M65.76M81.51M100.40M137.42M175.10M198.35M182.63M176.51M170.14M181.24M298.26M319.92M339.97M355.43M470.80M637.94M545.24M511.30M514.11M551.96M623.92M1.09B1.00B967.79M
Growth (%)-+51.20%+38.29%+165.18%+65.62%+14.63%+4.08%+23.95%+23.18%+36.87%+27.42%+13.28%-7.92%-3.35%-3.61%+6.52%+64.57%+7.26%+6.27%+4.55%+32.46%+35.50%-14.53%-6.22%+0.55%+7.36%+13.04%+75.42%-8.63%-3.23%
Cost of Revenue3.52M5.33M7.54M11.31M13.05M17.72M16.25M21.18M22.59M43.08M64.97M86.10M119.53M126.72M126.68M60.02M48.75M50.02M48.70M48.62M67.58M108.08M177.15M225.49M226.38M41.56M147.54M554.61M543.41M497.44M
Gross Profit6.00M9.07M12.55M21.97M42.07M45.46M49.50M60.32M77.81M94.34M110.13M112.25M63.10M49.79M43.45M121.22M249.51M269.91M291.27M306.81M403.22M529.85M545.24M511.30M514.11M551.96M623.92M539.85M456.64M470.36M
Gross Margin100.00%100.00%100.00%66.00%76.33%71.96%75.28%74.01%77.50%68.65%62.90%56.59%34.55%28.21%25.54%66.89%83.66%84.37%85.68%86.32%85.65%83.06%100.00%100.00%100.00%100.00%100.00%49.33%45.66%48.60%
Operating Expense1.20M2.17M3.25M16.34M24.83M28.36M34.31M38.17M44.57M48.67M53.93M56.45M58.72M61.71M58.59M78.44M111.88M135.75M144.75M151.46M212.02M266.02M127.52M284.95M371.82M276.69M190.18M361.96M323.68M389.62M
Operating Income4.81M6.90M9.30M5.63M17.24M17.10M15.19M22.15M33.24M45.67M56.20M55.80M4.38M-11.92M-15.14M42.77M137.63M134.15M146.52M155.35M191.20M263.83M417.73M226.35M142.29M275.27M433.74M177.89M132.96M80.73M
Operating Margin80.09%76.04%74.13%16.91%31.28%27.06%23.11%27.18%33.11%33.23%32.10%28.13%2.40%-6.75%-8.90%23.60%46.14%41.93%43.10%43.71%40.61%41.36%76.61%44.27%27.68%49.87%69.52%16.25%13.30%8.34%
EBITDA4.81M6.90M9.30M6.00M17.06M16.67M16.31M23.79M36.82M49.69M60.73M58.94M7.20M-6.92M-4.16M51.46M117.89M122.73M133.39M150.82M189.63M248.93M417.73M226.35M154.53M301.27M453.83M177.89M132.96M83.67M
EBITDA Margin80.09%76.04%74.13%18.04%30.95%26.39%24.80%29.19%36.67%36.16%34.68%29.72%3.94%-3.92%-2.45%28.40%39.52%38.36%39.24%42.43%40.28%39.02%76.61%44.27%30.06%54.58%72.74%16.25%13.30%8.65%
Net Income2.06M2.70M3.20M3.97M10.46M10.78M13.85M13.73M19.78M26.86M33.81M33.20M2.75M-5.72M-7.24M27.11M83.22M81.75M88.61M92.26M113.75M139.44M189.59M171.04M111.52M204.57M218.28M133.67M99.63M58.52M
Net Income Margin34.32%29.72%25.47%11.93%18.97%17.07%21.06%16.84%19.70%19.54%19.31%16.74%1.51%-3.24%-4.25%14.96%27.90%25.55%26.07%25.96%24.16%21.86%34.77%33.45%21.69%37.06%34.98%12.21%9.96%6.05%
R&D---------------00000000-------
R&D as % of Total Revenue---------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense2.75M4.20M6.11M7.92M14.15M16.97M13.46M15.93M18.69M37.65M61.22M78.57M70.71M65.70M42.05M32.08M29.65M30.02M36.06M40.62M58.58M90.72M162.25M218.19M131.38M53.76M137.69M523.02M526.13M468.93M
Interest Expense % of Total Revenue45.77%46.33%48.66%23.80%25.67%26.86%20.48%19.55%18.61%27.40%34.96%39.61%38.72%37.22%24.72%17.70%9.94%9.38%10.61%11.43%12.44%14.22%29.76%42.67%25.55%9.74%22.07%47.79%52.61%48.45%

Balance Sheet

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets122.47M181.13M276.13M358.90M601.66M679.44M979.25M1.26B1.51B1.78B2.05B2.42B2.67B3.23B2.96B5.17B5.64B6.47B7.14B7.91B13.44B14.21B15.31B15.67B17.11B17.89B19.16B19.13B17.05B18.53B
Total Liabilities112.73M161.51M253.32M332.17M557.15M624.01M896.47M1.18B1.41B1.63B1.86B2.20B2.38B2.86B2.60B4.38B4.89B5.66B6.26B6.97B11.59B12.28B13.40B13.63B15.05B15.80B17.15B17.01B14.92B16.25B
Total Equity9.74M19.63M22.80M26.73M44.51M55.43M65.37M82.57M101.25M146.75M186.63M222.18M289.95M367.98M358.56M796.24M751.10M811.10M882.77M938.10M1.86B1.93B1.90B2.04B2.05B2.09B2.02B2.12B2.13B2.28B
Cash---23.46M39.02M30.85M31.54M34.24M27.71M32.92M36.30M40.15M30.06M105.59M172.33M300.11M312.92M316.70M462.16M298.39M481.54M545.37M489.01M727.73M379.22M316.27M506.78M1.93B458.20M560.06M
Total Debt---4.30M9.30M9.30M65.00M99.27M129.27M70.27M115.27M336.27M389.27M389.27M401.03M407.02M473.06M484.36M525.02M574.38M854.10M1.33B1.12B988.00M610.77M635.45M1.25B1.96B392.64M395.88M
Net Debt----19.16M-29.72M-21.55M33.46M65.03M101.56M37.34M78.97M296.12M359.21M283.68M228.69M96.39M149.65M162.06M60.97M274.53M372.56M783.08M628.74M260.27M231.55M305.30M740.29M27.70M-65.56M-164.18M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow8.90M8.06M16.25M8.82M14.93M23.79M26.22M31.17M35.48M32.19M57.53M135.74M96.58M104.47M134.20M135.53M108.09M130.60M203.92M219.95M183.85M165.92M324.21M485.54M473.78M116.72M164.55M
Investing Cash Flow-96.20M-90.04M-148.19M-210.96M-226.94M-244.00M-268.85M-251.33M-406.86M-252.10M-554.05M159.49M190.31M-474.95M-377.41M-552.97M-934.99M-463.36M-766.95M-1.15B-36.82M-1.83B-993.04M-1.47B1.29B466.52M525.31M
Financing Cash Flow74.97M151.92M71.86M234.29M183.71M223.25M233.44M234.94M339.73M219.82M573.05M-248.52M-159.11M383.29M247.00M562.89M663.13M471.70M618.08M895.12M91.93M1.32B634.52M1.18B-341.47M-2.05B-588.00M
Capital Expenditure583.02K1.17M2.25M800.14K3.20M2.05M2.98M6.10M1.88M3.45M1.65M2.97M1.17M6.83M9.19M6.43M10.92M14.32M14.78M6.85M6.62M4.97M7.22M9.11M13.12M9.81M13.09M
Free Cash Flow8.31M6.89M14.00M8.02M11.73M21.74M23.24M25.07M33.66M28.74M55.88M132.77M95.41M97.64M125.01M129.10M97.17M116.28M189.14M213.10M177.24M160.94M316.99M476.42M460.65M106.91M151.46M
Dividends Paid--822.75K1.65M2.18M2.44M2.63M2.83M2.88M2.88M4.01M3.35M3.35M7.55M19.74M27.82M33.41M42.49M67.66M71.63M70.94M69.18M68.67M67.13M67.13M67.51M70.73M
FCF to OCF93.45%85.45%86.13%90.93%78.55%91.38%88.64%80.44%94.89%89.27%97.13%97.81%98.79%93.46%93.15%95.26%89.89%89.04%92.75%96.89%96.40%97.00%97.77%98.12%97.23%91.59%92.05%
Dividend Paid to FCF--5.88%20.56%18.61%11.21%11.32%11.27%8.56%10.03%7.19%2.52%3.51%7.73%15.79%21.55%34.38%36.54%35.77%33.61%40.02%42.99%21.66%14.09%14.57%63.15%46.70%

Earnings

Report DateSep 30, 1998Sep 30, 1999Mar 31, 2001Jun 30, 2001Oct 18, 2001Jan 18, 2002Apr 18, 2002Jul 18, 2002Oct 17, 2002Jan 24, 2003Apr 24, 2003Jul 22, 2003Oct 21, 2003Jan 21, 2004Apr 26, 2004Jul 21, 2004Oct 18, 2004Jan 31, 2005Jun 30, 2005Aug 4, 2005Oct 27, 2005Feb 1, 2006Apr 26, 2006Jul 26, 2006Oct 25, 2006Jan 31, 2007Apr 30, 2007Jul 25, 2007Oct 23, 2007Jan 28, 2008Apr 22, 2008Jul 22, 2008Oct 22, 2008Jan 30, 2009Apr 20, 2009Jul 23, 2009Oct 15, 2009Jan 25, 2010Apr 26, 2010Jul 26, 2010Oct 25, 2010Jan 24, 2011Apr 25, 2011Jul 25, 2011Oct 24, 2011Feb 8, 2012Apr 23, 2012Jul 23, 2012Oct 22, 2012Jan 28, 2013Apr 22, 2013Jul 22, 2013Oct 21, 2013Jan 27, 2014Apr 21, 2014Jul 21, 2014Oct 20, 2014Jan 26, 2015Apr 20, 2015Jul 20, 2015Oct 19, 2015Jan 25, 2016Apr 18, 2016Jul 18, 2016Oct 18, 2016Jan 24, 2017Apr 27, 2017Jul 25, 2017Oct 24, 2017Jan 30, 2018Apr 17, 2018Jul 17, 2018Oct 16, 2018Jan 22, 2019Apr 16, 2019Jul 16, 2019Oct 21, 2019Jan 22, 2020Apr 28, 2020Jul 30, 2020Oct 20, 2020Jan 26, 2021Apr 27, 2021Jul 20, 2021Oct 25, 2021Jan 24, 2022Apr 18, 2022Jul 19, 2022Oct 24, 2022Jan 23, 2023Apr 24, 2023Jul 24, 2023Oct 23, 2023Jan 30, 2024Apr 29, 2024Jul 29, 2024Oct 28, 2024Jan 27, 2025Apr 22, 2025Jul 22, 2025Oct 28, 2025Jan 27, 2026Apr 28, 2026Jul 27, 2026Oct 27, 2026
EPS Estimate----0.130.110.100.100.120.130.130.140.150.160.170.180.200.210.230.230.260.290.290.310.310.320.310.310.330.310.250.220.150.12-0.12-0.20-0.23-0.05-0.03-0.09-0.020.040.110.140.170.150.190.230.250.260.270.270.280.290.280.290.290.280.260.270.280.300.300.310.320.320.310.320.310.310.370.370.360.350.340.340.320.320.230.180.190.260.310.380.420.410.390.410.450.450.370.300.240.310.260.220.220.200.190.210.260.260.220.260.30
EPS Actual0.040.050.120.140.110.110.100.120.140.140.140.150.160.170.180.190.200.230.220.230.320.300.300.300.330.350.280.330.350.320.220.110.19-0.37-0.16-0.260.07-0.09-0.10-0.450.110.130.150.140.230.190.280.200.240.280.230.290.300.270.280.280.270.290.270.290.320.300.310.290.220.310.280.300.330.320.380.360.360.360.340.340.340.340.210.220.250.230.350.430.450.430.500.430.450.430.330.320.250.320.230.220.210.200.190.190.250.270.230.27-
Surprise-----15.38%0.00%0.00%20.00%16.67%7.69%7.69%7.14%6.67%6.25%5.88%5.56%0.00%9.52%-4.35%0.00%23.08%3.45%3.45%-3.23%6.45%9.38%-9.68%6.45%6.06%3.23%-12.00%-50.00%26.67%-408.33%-33.33%-30.00%130.43%-80.00%-233.33%-400.00%650.00%225.00%36.36%0.00%35.29%26.67%47.37%-13.04%-4.00%7.69%-14.81%7.41%7.14%-6.90%0.00%-3.45%-6.90%3.57%3.85%7.41%14.29%0.00%3.33%-6.45%-31.25%-3.13%-9.68%-6.25%6.45%3.23%2.70%-2.70%0.00%2.86%0.00%0.00%6.25%6.25%-8.70%22.22%31.58%-11.54%12.90%13.16%7.14%4.88%28.21%4.88%0.00%-4.44%-10.81%6.67%4.17%3.23%-11.54%0.00%-4.55%0.00%0.00%-9.52%-3.85%3.85%4.55%3.85%-
Timing----Pre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.75B
Enterprise Value1.75B
Trailing P/E13.45
Forward P/E9.71
PEG Ratio1.24
Price / Sales3.28
Price / Book0.76
EPS1.02
Book Value17.97
Revenue (TTM)534.03M
Gross Profit (TTM)534.03M
Profit Margin23.93%
Operating Margin34.24%
Return on Equity5.66%
Return on Assets0.68%
Shares Outstanding127.74M
Shares Float125.15M
Beta0.81
Dividend Yield4.08%
Dividend Rate0.56
Payout Ratio54.90%

Analyst Ratings

Buy
Based on 4 analystsTarget 15.50
  • Strong Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
95.25%
Insiders
4.76%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    18.24M14.28%
  • Wellington Management Company LLP
    11.44M8.95%
  • Vanguard Portfolio Management, LLC
    7.50M5.87%
  • Dimensional Fund Advisors, Inc.
    7.49M5.86%
  • State Street Corp
    7.33M5.74%
  • HoldCo Asset Management, L.P.
    6.26M4.90%
  • Fuller & Thaler Asset Management Inc
    5.92M4.63%
  • Vanguard Capital Management, LLC
    5.50M4.31%
  • Delaware Management Holdings Inc
    4.43M3.47%
  • American Century Companies Inc
    3.61M2.83%
  • Two Sigma Investments LLC
    3.28M2.57%
  • Geode Capital Management, LLC
    3.24M2.53%
  • UBS Group AG
    2.76M2.16%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    7.77M6.08%
  • Undiscovered Managers Behavioral Val L
    4.58M3.58%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.88M3.04%
  • Avantis US Small Cap Value ETF
    3.17M2.48%
  • iShares Russell 2000 ETF
    3.13M2.45%
  • Vanguard Small Cap Index
    2.79M2.19%
  • Nomura Small Cap Value A
    2.69M2.11%

Dividends

20264×
0.14Nov 6, 20260.14Aug 6, 20260.14May 8, 20260.14Feb 6, 2026
20254×
0.14Nov 7, 20250.14Aug 1, 20250.14May 2, 20250.14Feb 6, 2025
20244×
0.14Nov 7, 20240.14Aug 8, 20240.14May 8, 20240.14Feb 8, 2024
20234×
0.14Nov 1, 20230.14Aug 2, 20230.14May 3, 20230.14Feb 1, 2023
20224×
0.14Nov 2, 20220.14Jul 28, 20220.14Apr 27, 20220.14Feb 2, 2022
20214×
0.14Nov 3, 20210.14Jul 29, 20210.14May 6, 20210.14Feb 4, 2021

Stock Splits

  • Jun 16, 20042:1
  • Mar 18, 20032:1
  • Apr 12, 200027:25
  • May 6, 199927:25