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Hope Bancorp Inc Stock Research

HOPE

8.30USD+0.28(+3.49%)Delayedas of 01 Jun 2023, 12:16 pm

Market Summary

USD8.30+0.28
Delayedas of 01 Jun 2023, 12:16 pm
3.49%

HOPE Alerts

HOPE Stock Price

HOPE RSI Chart

HOPE Valuation

Market Cap

961.3M

Price/Earnings (Trailing)

4.89

Price/Sales (Trailing)

1.19

EV/EBITDA

-1.45

Price/Free Cashflow

2.61

HOPE Price/Sales (Trailing)

HOPE Profitability

EBT Margin

41.34%

Return on Equity

10.81%

Return on Assets

1.14%

Free Cashflow Yield

38.29%

HOPE Fundamentals

HOPE Revenue

Revenue (TTM)

809.6M

Revenue Y/Y

64.56%

Revenue Q/Q

6.31%

HOPE Earnings

Earnings (TTM)

196.7M

Earnings Y/Y

-35.59%

Earnings Q/Q

-24.34%

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

Dividend Yield

6.98%

Dividend/Share (TTM)

0.56

Buy Backs (1Y)

0.38%

Diluted EPS (TTM)

1.64

Peers (Alternatives to Hope Bancorp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
414.1B
128.7B
-3.89% 4.47%
10.99
3.22
5.79% -0.71%
221.6B
98.0B
-4.30% -23.43%
7.74
2.26
9.45% -7.66%
156.8B
63.2B
-0.66% -11.86%
11.89
2.9
58.68% -29.54%
51.3B
22.0B
-5.06% -32.68%
8.39
2.43
11.93% 6.78%
44.9B
21.5B
-9.23% -42.43%
7.52
2.09
58.44% -17.60%
9.9B
3.1B
-41.15% -53.52%
11.04
3.7
46.06% -0.93%
MID-CAP
6.6B
1.8B
-6.53% -19.83%
10.07
3.77
72.29% 54.33%
6.2B
1.6B
-1.93% -4.60%
10.04
3.83
39.57% 16.01%
4.0B
3.1B
1.75% -51.05%
4.45
1.32
35.84% -10.10%
3.7B
1.4B
-7.82% -39.92%
6.63
2.71
33.23% 6.34%
SMALL-CAP
1.8B
408.0M
-9.39% -18.73%
12.13
4.76
19.36% -4.52%
1.3B
637.0M
-11.79% -28.22%
13.71
2
45.85% -25.39%
1.0B
247.6M
-5.09% -36.28%
7.21
4.07
41.59% 57.20%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue13.1%810716637591573
EBITDA1.7%895880861849-
EBITDA Margin-9.5%1.25*1.38*1.56*1.48*-
Earnings Before Taxes-9.9%267296297299300
EBT Margin-11.3%0.41*0.47*0.54*0.52*-
Interest Expenses3.1%578561538523-
Net Income-9.9%197218218220222
Net Income Margin-11.0%0.30*0.34*0.40*0.39*-
Free Cahsflow3.7%476460440442-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets7.3%20,56919,16419,08318,08917,804
    Cash Equivalents336.6%2,213507331197280
  Net PPE2.2%48.0047.0046.0046.0046.00
  Goodwill0.0%464465465464465
Liabilities8.0%18,51017,14517,10816,08915,763
Shareholder's Equity2.0%2,0602,0201,9762,0002,041
  Retained Earnings2.1%1,1061,0841,0491,012976
  Additional Paid-In Capital0.0%1,4311,4311,4281,4251,423
Shares Outstanding0.3%120119119119120
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-22.1%378486469449450
  Share Based Compensation-2.0%12.0012.0011.0010.008.00
Cashflow From Investing30.7%-1,021-1,473-1,988-1,629-1,010
Cashflow From Financing118.5%2,5751,1791,224541465
  Buy Backs161.7%15.006.00100--

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 ascendingFund NameType% 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%

1–10 of 45

Latest Funds Activity

Are funds buying HOPE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own HOPE
No. of Funds

Hope Bancorp News

Defense World
Old Republic International Co. (NYSE:ORI) Shares Sold by ....
Defense World,
4 hours ago

Schedule 13G FIlings of Hope Bancorp

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Show 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Kevin S. Kim
1480
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

2023-03-31
Consolidated 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 securities15,12511,656
Interest income from cash and deposits at other banks6,641137
Interest on other investments695407
Total interest income238,396144,872
INTEREST EXPENSE:  
Interest on deposits94,0678,676
Interest Expense, FHLB and FRB borrowings6,698687
Interest on other borrowings and convertible notes3,7532,333
Total interest expense104,51811,696
NET INTEREST INCOME BEFORE PROVISION (CREDIT) FOR CREDIT LOSSES133,878133,176
PROVISION (CREDIT) FOR CREDIT LOSSES1,700(11,000)
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR CREDIT LOSSES132,178144,176
NONINTEREST INCOME:  
Service fees on deposit accounts2,2211,974
International service fees1,088794
Wire transfer fees773900
Swap fees42785
Net gains on sales of SBA loans2,2255,603
Net gains on sales of residential mortgage loans64757
Other income and fees4,5652,373
Total noninterest income10,97813,186
NONINTEREST EXPENSE:  
Salaries and employee benefits57,16947,745
Occupancy7,5217,335
Furniture and equipment5,0584,644
Data processing and communications2,8222,461
Professional fees1,5432,211
Amortization of investments in affordable housing partnerships1,7162,019
FDIC assessments1,7811,569
Earnings credit rebate4,427476
Other8,3176,913
Total noninterest expense90,35475,373
INCOME BEFORE INCOME TAXES52,80281,989
INCOME TAX PROVISION13,68121,251
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