Market Summary
USD8.30+0.28
Delayedas of 01 Jun 2023, 12:16 pm3.49%
HOPE Stock Price
HOPE RSI Chart
HOPE Valuation
HOPE Price/Sales (Trailing)
HOPE Profitability
HOPE Fundamentals
HOPE Revenue
HOPE Earnings
Price Action
52 Week Range
7.4215.57
(Low)(High)
Last 7 days
-4.9%
Last 30 days
-8.3%
Last 90 days
-36.6%
Trailing 12 Months
-43.9%
HOPE Financial Health
HOPE Investor Care
Peers (Alternatives to Hope Bancorp)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
JPM | 414.1B | 128.7B | -3.89% | 4.47% | 10.99 | 3.22 | 5.79% | -0.71% |
BAC | 221.6B | 98.0B | -4.30% | -23.43% | 7.74 | 2.26 | 9.45% | -7.66% |
WFC | 156.8B | 63.2B | -0.66% | -11.86% | 11.89 | 2.9 | 58.68% | -29.54% |
PNC | 51.3B | 22.0B | -5.06% | -32.68% | 8.39 | 2.43 | 11.93% | 6.78% |
USB | 44.9B | 21.5B | -9.23% | -42.43% | 7.52 | 2.09 | 58.44% | -17.60% |
FHN | 9.9B | 3.1B | -41.15% | -53.52% | 11.04 | 3.7 | 46.06% | -0.93% |
| MID-CAP | ||||||||
CFR | 6.6B | 1.8B | -6.53% | -19.83% | 10.07 | 3.77 | 72.29% | 54.33% |
BOKF | 6.2B | 1.6B | -1.93% | -4.60% | 10.04 | 3.83 | 39.57% | 16.01% |
ZION | 4.0B | 3.1B | 1.75% | -51.05% | 4.45 | 1.32 | 35.84% | -10.10% |
PNFP | 3.7B | 1.4B | -7.82% | -39.92% | 6.63 | 2.71 | 33.23% | 6.34% |
| SMALL-CAP | ||||||||
PRK | 1.8B | 408.0M | -9.39% | -18.73% | 12.13 | 4.76 | 19.36% | -4.52% |
TRMK | 1.3B | 637.0M | -11.79% | -28.22% | 13.71 | 2 | 45.85% | -25.39% |
WABC | 1.0B | 247.6M | -5.09% | -36.28% | 7.21 | 4.07 | 41.59% | 57.20% |
HOPE | 961.3M | 809.6M | -8.30% | -43.89% | 4.89 | 1.19 | 41.27% | -11.26% |
Financials for Hope Bancorp
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 13.1% | 810 | 716 | 637 | 591 | 573 |
| EBITDA | 1.7% | 895 | 880 | 861 | 849 | - |
| EBITDA Margin | -9.5% | 1.25* | 1.38* | 1.56* | 1.48* | - |
| Earnings Before Taxes | -9.9% | 267 | 296 | 297 | 299 | 300 |
| EBT Margin | -11.3% | 0.41* | 0.47* | 0.54* | 0.52* | - |
| Interest Expenses | 3.1% | 578 | 561 | 538 | 523 | - |
| Net Income | -9.9% | 197 | 218 | 218 | 220 | 222 |
| Net Income Margin | -11.0% | 0.30* | 0.34* | 0.40* | 0.39* | - |
| Free Cahsflow | 3.7% | 476 | 460 | 440 | 442 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 7.3% | 20,569 | 19,164 | 19,083 | 18,089 | 17,804 |
| Cash Equivalents | 336.6% | 2,213 | 507 | 331 | 197 | 280 |
| Net PPE | 2.2% | 48.00 | 47.00 | 46.00 | 46.00 | 46.00 |
| Goodwill | 0.0% | 464 | 465 | 465 | 464 | 465 |
| Liabilities | 8.0% | 18,510 | 17,145 | 17,108 | 16,089 | 15,763 |
| Shareholder's Equity | 2.0% | 2,060 | 2,020 | 1,976 | 2,000 | 2,041 |
| Retained Earnings | 2.1% | 1,106 | 1,084 | 1,049 | 1,012 | 976 |
| Additional Paid-In Capital | 0.0% | 1,431 | 1,431 | 1,428 | 1,425 | 1,423 |
| Shares Outstanding | 0.3% | 120 | 119 | 119 | 119 | 120 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -22.1% | 378 | 486 | 469 | 449 | 450 |
| Share Based Compensation | -2.0% | 12.00 | 12.00 | 11.00 | 10.00 | 8.00 |
| Cashflow From Investing | 30.7% | -1,021 | -1,473 | -1,988 | -1,629 | -1,010 |
| Cashflow From Financing | 118.5% | 2,575 | 1,179 | 1,224 | 541 | 465 |
| Buy Backs | 161.7% | 15.00 | 6.00 | 100 | - | - |
Risks for HOPE
What is the probability of a big loss on HOPE?
61.1%
Probability that Hope Bancorp stock will be more than 20% underwater in next one year
39.2%
Probability that Hope Bancorp stock will be more than 30% underwater in next one year.
21.1%
Probability that Hope Bancorp stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does HOPE drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Hope Bancorp was unfortunately bought at previous high price.
Drawdowns
Returns for HOPE
Cumulative Returns on HOPE
-1.5%
10-Year Cumulative Returns
-6.4%
7-Year Cumulative Returns
-11.5%
5-Year Cumulative Returns
-1.8%
3-Year Cumulative Returns
What are the long-term rolling returns for HOPE?
FIve years rolling returns for Hope Bancorp.
Annualized Returns
Which funds bought or sold HOPE recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -8.13 | -69,691 | 165,987 | -% |
2023-05-25 | Legato Capital Management LLC | unchanged | - | -157,026 | 515,717 | 0.09% |
2023-05-25 | Brandywine Global Investment Management, LLC | added | 99.74 | 1,550,460 | 4,469,360 | 0.02% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -4.06 | -347,535 | 966,131 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 6.38 | -1,549,840 | 6,853,160 | -% |
2023-05-22 | EMC Capital Management | unchanged | - | -68,000 | 227,000 | 0.19% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -14.25 | -1,265,000 | 2,427,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 5.92 | -609,664 | 2,634,340 | -% |
2023-05-17 | Thrivent Financial for Lutherans | reduced | -72.21 | -18,177,000 | 4,920,000 | 0.01% |
2023-05-17 | Westside Investment Management, Inc. | unchanged | - | 34,326 | 34,370 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Hope Bancorp News
Schedule 13G FIlings of Hope Bancorp
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Jan 20, 2023 | blackrock inc. | 14.7% | 17,504,904 | SC 13G | |
| Feb 11, 2022 | state street corp | 5.44% | 6,544,380 | SC 13G | |
| Feb 08, 2022 | fuller & thaler asset management, inc. | 7.67% | 9,216,805 | SC 13G/A | |
| Feb 08, 2022 | dimensional fund advisors lp | 7.1% | 8,505,280 | SC 13G/A | |
| Jan 28, 2022 | blackrock inc. | 14.7% | 17,615,116 | SC 13G/A |
HOPE Fair Value
Recent SEC filings of Hope Bancorp
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for HOPE
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-23 | Pai Lisa K | acquired | 53,999 | 8.6 | 6,279 | - |
2023-05-23 | LEWIS WILLIAM J | acquired | 61,197 | 8.6 | 7,116 | - |
2023-05-23 | HA DAISY Y | acquired | 53,999 | 8.6 | 6,279 | - |
2023-05-23 | Zuehls Dale S. | acquired | 61,197 | 8.6 | 7,116 | - |
2023-05-23 | Kim Joon Kyung | acquired | 61,197 | 8.6 | 7,116 | - |
2023-05-23 | Koh Steven | acquired | 82,800 | 8.6 | 9,628 | - |
2023-05-23 | Thigpen Mary E | acquired | 53,999 | 8.6 | 6,279 | - |
2023-05-23 | Byun Donald | acquired | 61,197 | 8.6 | 7,116 | - |
2023-05-23 | Doo Jinho | acquired | 53,999 | 8.6 | 6,279 | - |
2023-05-23 | Whang Scott Yoon-suk | acquired | 89,999 | 8.6 | 10,465 | - |
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. The company 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 trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; 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. As of December 31, 2021, the company operated 47 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Atlanta, Houston, Dallas, Denver, Portland, Seattle, Fremont, and Southern California; and a representative office in Seoul, Korea. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
HOPE Income Statement
2023-03-31Consolidated Statements Of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| INTEREST INCOME: | ||
| Interest and fees on loans | $ 215,935 | $ 132,672 |
| Interest on investment securities | 15,125 | 11,656 |
| Interest income from cash and deposits at other banks | 6,641 | 137 |
| Interest on other investments | 695 | 407 |
| Total interest income | 238,396 | 144,872 |
| INTEREST EXPENSE: | ||
| Interest on deposits | 94,067 | 8,676 |
| Interest Expense, FHLB and FRB borrowings | 6,698 | 687 |
| Interest on other borrowings and convertible notes | 3,753 | 2,333 |
| Total interest expense | 104,518 | 11,696 |
| NET INTEREST INCOME BEFORE PROVISION (CREDIT) FOR CREDIT LOSSES | 133,878 | 133,176 |
| PROVISION (CREDIT) FOR CREDIT LOSSES | 1,700 | (11,000) |
| NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR CREDIT LOSSES | 132,178 | 144,176 |
| NONINTEREST INCOME: | ||
| Service fees on deposit accounts | 2,221 | 1,974 |
| International service fees | 1,088 | 794 |
| Wire transfer fees | 773 | 900 |
| Swap fees | 42 | 785 |
| Net gains on sales of SBA loans | 2,225 | 5,603 |
| Net gains on sales of residential mortgage loans | 64 | 757 |
| Other income and fees | 4,565 | 2,373 |
| Total noninterest income | 10,978 | 13,186 |
| NONINTEREST EXPENSE: | ||
| Salaries and employee benefits | 57,169 | 47,745 |
| Occupancy | 7,521 | 7,335 |
| Furniture and equipment | 5,058 | 4,644 |
| Data processing and communications | 2,822 | 2,461 |
| Professional fees | 1,543 | 2,211 |
| Amortization of investments in affordable housing partnerships | 1,716 | 2,019 |
| FDIC assessments | 1,781 | 1,569 |
| Earnings credit rebate | 4,427 | 476 |
| Other | 8,317 | 6,913 |
| Total noninterest expense | 90,354 | 75,373 |
| INCOME BEFORE INCOME TAXES | 52,802 | 81,989 |
| INCOME TAX PROVISION | 13,681 | 21,251 |
| NET INCOME | $ 39,121 | $ 60,738 |
| EARNINGS PER COMMON SHARE | ||
| Basic (in dollars per share) | $ 0.33 | $ 0.51 |
| Diluted (in dollars per share) | $ 0.33 | $ 0.50 |