HOPE - Hope Bancorp Inc Stock Price, Fair Value and News

10.93USD+0.06 (+0.55%)Market Closed

Market Summary

USD10.93+0.06

Market Closed

0.55%

HOPE Alerts

Big fall in earnings (Y/Y)

HOPE Stock Price

View Fullscreen

HOPE RSI Chart

HOPE Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

10.95

Price/Sales (Trailing)

1.23

EV/EBITDA

0.19

Price/Free Cashflow

3.18

HOPE Price/Sales (Trailing)

HOPE Profitability

EBT Margin

15.02%

Return on Equity

5.71%

Return on Assets

0.67%

Free Cashflow Yield

31.48%

HOPE Fundamentals

HOPE Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

9.72%

Rev. Growth (Qtr)

-3.55%

HOPE Earnings

Earnings (TTM)

120.4M

Earnings Growth (Yr)

-33.89%

Earnings Growth (Qtr)

-2.33%

Breaking Down HOPE Revenue

Last 7 days

-0.3%

Last 30 days

6.3%

Last 90 days

-4.7%

Trailing 12 Months

30.6%

How does HOPE drawdown profile look like?

HOPE Financial Health

HOPE Investor Care

Dividend Yield

5.12%

Dividend/Share (TTM)

0.56

Shares Dilution (1Y)

0.58%

Diluted EPS (TTM)

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	807.9M	917.3M	1.0B	1.0B
2022	573.1M	590.7M	637.0M	716.1M
2021	570.3M	565.4M	563.1M	566.5M
2020	678.5M	650.1M	622.9M	598.9M
2019	672.9M	686.4M	691.0M	684.8M
2018	589.8M	611.1M	631.3M	650.2M
2017	471.2M	526.2M	554.3M	572.1M
2016	322.6M	329.0M	369.5M	421.9M
2015	303.9M	304.5M	306.5M	313.7M
2014	289.7M	296.8M	301.8M	302.7M
2013	266.1M	268.5M	275.1M	283.1M
2012	193.3M	222.9M	249.4M	267.9M
2011	149.0M	149.7M	151.5M	161.9M
2010	0	155.5M	153.0M	150.4M
2009	0	0	0	158.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Hope Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 27, 2024	balicka julianna	sold (taxes)	-19,552	10.96	-1,784	evp, cfo
Mar 22, 2024	koh peter	sold (taxes)	-45,101	11.03	-4,089	sevp & coo
Mar 22, 2024	kim kevin sung	sold (taxes)	-217,964	11.03	-19,761	chairman, pres & ceo
Mar 22, 2024	harris angelee	sold (taxes)	-32,880	11.03	-2,981	evp, general counsel
Mar 22, 2024	kim kyu s.	sold (taxes)	-41,969	11.03	-3,805	sevp, eastern regional pres.
Mar 22, 2024	stenger thomas	sold (taxes)	-57,797	11.03	-5,240	sevp, chief risk officer
Mar 22, 2024	campbell craig lewis	sold (taxes)	-32,681	11.03	-2,963	evp, chief corp banking ofr.
Mar 17, 2024	campbell craig lewis	acquired	11,728	10.77	1,089	evp, chief corp banking ofr.
Mar 15, 2024	koh peter	sold (taxes)	-14,905	10.77	-1,384	sevp & coo
Mar 15, 2024	malone david p	acquired	100,721	10.77	9,352	-

Which funds bought or sold HOPE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.92	-143,069	1,377,340	-%
May 16, 2024	COMERICA BANK	reduced	-5.11	-135,948	1,282,640	0.01%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-85.89	-980,564	152,335	-%
May 15, 2024	Walleye Capital LLC	added	68.23	175,319	466,109	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-155,714	-	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-90.51	-3,241,190	322,361	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-41.76	-75,885	94,624	-%
May 15, 2024	Cubist Systematic Strategies, LLC	reduced	-74.61	-1,893,080	603,976	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	reduced	-3.86	-757,868	8,264,220	0.01%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-28.44	-942,112	2,018,880	-%

Are Funds Buying or Selling HOPE?

Are funds buying HOPE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HOPE

No. of Funds

HOPE Alerts

Big fall in earnings (Y/Y)

Unveiling Hope Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.43%	13,730,473	SC 13G/A
Feb 12, 2024	fuller & thaler asset management, inc.	6.08%	7,297,172	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.6%	6,770,120	SC 13G/A
Jan 23, 2024	blackrock inc.	14.6%	17,572,493	SC 13G/A
Jan 22, 2024	state street corp	4.79%	5,758,529	SC 13G/A
Feb 14, 2023	fuller & thaler asset management, inc.	6.92%	8,271,752	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.9%	9,455,535	SC 13G/A
Feb 09, 2023	vanguard group inc	11.88%	14,195,290	SC 13G/A
Feb 01, 2023	state street corp	5.06%	6,044,082	SC 13G/A
Jan 26, 2023	blackrock inc.	14.7%	17,504,904	SC 13G/A

Recent SEC filings of Hope Bancorp Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	DEFA14A	DEFA14A
May 07, 2024	10-Q	Quarterly Report
Apr 30, 2024	DEFA14A	DEFA14A
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	8-K	Current Report
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Mar 27, 2024	PRE 14A	PRE 14A
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to Hope Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Hope Bancorp Inc News

Latest updates

Hope Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-3.5%	260	269	276	267	237	224	189	158	145	145	143	140	138	142	145	145	167	166	172	173	173
EBITDA Margin	-6.8%	0.64*	0.69*	0.78*	0.91*	1.07*	1.25*	1.38*	1.46*	1.48*	1.44*	1.36*	1.26*	-	-	-	-	-	-	-	-	-
Interest Expenses	-8.6%	115	126	135	131	134	151	153	142	133	133	130	127	123	121	118	110	119	114	116	117	120
Income Taxes	40.8%	10.00	7.00	10.00	13.00	14.00	18.00	20.00	19.00	21.00	19.00	20.00	18.00	14.00	5.00	9.00	10.00	6.00	12.00	15.00	14.00	14.00
Earnings Before Taxes	6.8%	36.00	34.00	40.00	51.00	53.00	70.00	73.00	71.00	82.00	71.00	75.00	72.00	58.00	34.00	40.00	37.00	32.00	55.00	57.00	57.00	57.00
EBT Margin	-11.4%	0.15*	0.17*	0.21*	0.27*	0.33*	0.41*	0.47*	0.51*	0.52*	0.49*	0.42*	0.36*	-	-	-	-	-	-	-	-	-
Net Income	-2.3%	26.00	26.00	30.00	38.00	39.00	52.00	54.00	52.00	61.00	52.00	55.00	54.00	44.00	28.00	30.00	27.00	26.00	43.00	43.00	43.00	43.00
Net Income Margin	-11.9%	0.11*	0.13*	0.16*	0.20*	0.24*	0.30*	0.34*	0.37*	0.39*	0.36*	0.32*	0.28*	-	-	-	-	-	-	-	-	-
Free Cashflow	-64.1%	28.00	77.00	189	122	73.00	116	99.00	81.00	182	99.00	79.00	83.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.5%	18,088	19,132	20,076	20,366	20,569	19,164	19,083	18,089	17,804	17,889	17,799	17,470	17,199	17,107	16,734	17,169	16,021	15,667	15,380	15,339	15,399
Cash Equivalents	-38.6%	1,185	1,929	2,500	2,302	2,213	507	331	197	280	316	627	837	377	351	629	1,469	802	699	549	610	613
Net PPE	-0.1%	51.00	51.00	52.00	51.00	48.00	47.00	46.00	46.00	46.00	46.00	45.00	45.00	48.00	48.00	50.00	51.00	51.00	52.00	53.00	53.00	53.00
Goodwill	0%	465	465	465	465	465	464	464	465	465	465	464	465	464	465	465	464	465	464	465	465	464
Liabilities	-6.1%	15,976	17,010	18,046	18,298	18,510	17,145	17,108	16,089	15,763	15,796	15,725	15,377	15,153	15,053	14,693	15,138	14,003	13,631	13,349	13,344	13,452
Shareholder's Equity	-0.5%	2,110	2,121	2,030	2,068	2,059	2,019	1,976	2,000	2,041	2,093	2,074	2,093	2,046	2,054	2,041	2,031	2,018	2,036	2,031	1,995	1,946
Retained Earnings	0.8%	1,160	1,151	1,141	1,128	1,106	1,084	1,049	1,012	976	933	898	860	823	786	775	762	752	762	737	712	687
Additional Paid-In Capital	0.0%	1,439	1,440	1,437	1,434	1,431	1,431	1,428	1,425	1,423	1,422	1,420	1,418	1,417	1,435	1,433	1,431	1,429	1,428	1,427	1,425	1,424
Shares Outstanding	0.4%	121	120	120	120	120	119	119	119	120	120	120	124	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	962	-	-	-	1,575	-	-	-	1,678	-	-	-	1,088	-	-	-	1,659	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-62.3%	30.00	79.00	193	126	76.00	118	101	83.00	184	101	81.00	84.00	58.00	44.00	23.00	28.00	72.00	35.00	59.00	17.00	73.00
Share Based Compensation	-24.8%	3.00	4.00	3.00	3.00	2.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	3.00	2.00	2.00	2.00	2.00	1.00	2.00	2.00	1.00
Cashflow From Investing	-30.1%	247	353	366	266	305	44.00	-921	-449	-147	-470	-562	170	-130	-680	-426	-455	-272	-147	-94.34	100	105
Cashflow From Financing	-1.7%	-1,020	-1,003	-360	-302	1,325	13.00	955	283	-71.83	58.00	272	207	98.00	358	-436	1,094	304	262	-25.53	-119	-24.38
Buy Backs	-	-	-	-	-	-	-	-	-	-	3.00	47.00	-	-	-	-	-	37.00	13.00	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

HOPE Income Statement

2024-03-31

Consolidated Statements Of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME:
Interest and fees on loans	$ 213,626	$ 215,935
Interest on investment securities	18,049	15,125
Interest income from cash and deposits at other banks	27,183	4,922
Interest on other investments	816	695
Total interest income	259,674	236,677
INTEREST EXPENSE:
Interest on deposits	124,033	92,348
Interest Expense, FHLB and FRB borrowings	17,853	6,698
Interest on other borrowings and debt	2,741	3,753
Total interest expense	144,627	102,799
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES	115,047	133,878
Provision for Loan, Lease, and Other Losses	2,600	3,320
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	112,447	130,558
NONINTEREST INCOME:
Service fees on deposit accounts	2,587	2,221
International service fees	1,035	1,088
Wire transfer fees	812	773
Swap fees	143	42
Net gains on sales of SBA loans	0	2,225
Net gains on sales of residential mortgage loans	73	64
Other income and fees	3,636	4,565
Total noninterest income	8,286	10,978
NONINTEREST EXPENSE:
Salaries and employee benefits	47,836	57,169
Occupancy	6,786	7,521
Furniture and equipment	5,340	5,058
Data processing and communications	2,990	2,822
Professional fees	2,518	1,543
Amortization of investments in affordable housing partnerships	2,134	1,716
FDIC assessments	2,926	1,781
FDIC special assessment	1,000	0
Earned interest credit	5,834	4,427
Restructuring Costs	143	0
Merger-related expenses	1,044	0
Other noninterest expense	6,288	6,697
Total noninterest expense	84,839	88,734
INCOME BEFORE INCOME TAXES	35,894	52,802
INCOME TAX PROVISION	10,030	13,681
NET INCOME	$ 25,864	$ 39,121
EARNINGS PER COMMON SHARE
Basic (in dollars per share)	$ 0.22	$ 0.33
Diluted (in dollars per share)	$ 0.21	$ 0.33

About Hope Bancorp Inc

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business-related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. The company was founded in 1986 and is headquartered in Los Angeles, California.

CEO	Mr. Kevin Sung Kim J.D.
WEBSITE	bankofhope.com
INDUSTRY	Banks Diversified
EMPLOYEES	1469

Hope Bancorp Inc Frequently Asked Questions

What is the ticker symbol for Hope Bancorp Inc? What does HOPE stand for in stocks?

HOPE is the stock ticker symbol of Hope Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hope Bancorp Inc (HOPE)?

As of Fri May 17 2024, market cap of Hope Bancorp Inc is 1.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HOPE stock?

You can check HOPE's fair value in chart for subscribers.

What is the fair value of HOPE stock?

You can check HOPE's fair value in chart for subscribers. The fair value of Hope Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hope Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HOPE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hope Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether HOPE is over valued or under valued. Whether Hope Bancorp Inc is cheap or expensive depends on the assumptions which impact Hope Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HOPE.

What is Hope Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HOPE's PE ratio (Price to Earnings) is 10.95 and Price to Sales (PS) ratio is 1.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HOPE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hope Bancorp Inc's stock?

In the past 10 years, Hope Bancorp Inc has provided 0 (multiply by 100 for percentage) rate of return.