Hope Bancorp, Inc. (HOPE) 10-Year Financial Performance & Capital Metrics

HOPE • • Banking & Credit

Financial ServicesRegional BanksDigital & Specialized BankingSBA & Specialty Lending

AboutHope 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.Show more

Net Interest Income $428M -18.6%
Total Revenue $1B -8.6%
Net Income $100M -25.5%
Return on Equity 4.68% -27.5%
Net Interest Margin 2.51% -8.7%
Efficiency Ratio 32.37% -2.1%
ROA 0.55% -21.1%
Equity / Assets 12.52% +12.9%
Book Value per Share 17.62
Tangible BV/Share 13.77 +0.3%
Debt/Equity 0.18 -80.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 32.4% efficiency ratio
✓Well capitalized: 12.5% equity/assets
✓Healthy dividend yield of 4.9%
✓Trading at only 0.6x book value

✗Weaknesses

✗Profits declining 10.2% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y11.39%

5Y6.51%

3Y17.91%

TTM-

Profit (Net Income) CAGR

10Y1.18%

5Y-10.25%

3Y-21.32%

TTM-49.29%

EPS CAGR

10Y-2.98%

5Y-9.49%

3Y-20.95%

TTM-53.57%

ROCE

10Y Avg7.58%

5Y Avg6.55%

3Y Avg6.02%

Latest3.89%

Peer Comparison

SBA & Specialty Lending

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TFINTriumph Financial, Inc.	1.6B	67.15	124.35	3.34%	3.3%	1%		0.16
LOBLive Oak Bancshares, Inc.	1.66B	36.12	21.37	19.67%	8.34%	5.78%	29.41%	0.11
ESQEsquire Financial Holdings, Inc.	901.77M	105.28	20.48	13.67%	31.57%	17.59%	4.33%
FINWFinWise Bancorp	238.99M	17.59	18.91	12.56%	13.07%	7.97%		0.03
FSFGFirst Savings Financial Group, Inc.	224.48M	32.00	16.16	4.58%	10.11%	11.73%	40.32%	1.98
RBBRBB Bancorp	361.56M	21.21	14.43	-1.75%	11.49%	5.09%	15.96%	0.72
HOPEHope Bancorp, Inc.	1.45B	11.28	13.76	-8.63%	9.96%	2.29%	7.39%	0.18
HAFCHanmi Financial Corporation	830.06M	27.71	13.52	8.03%	14.48%	9.31%	6.18%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	273.04M	363.36M	481.38M	487.93M	466.6M	467.5M	512.77M	578.42M	525.86M	427.85M
NII Growth %	0.02%	0.33%	0.32%	0.01%	-0.04%	0%	0.1%	0.13%	-0.09%	-0.19%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	313.66M	421.93M	572.1M	650.17M	684.79M	598.88M	566.53M	716.12M	1.05B	953.98M
Interest Expense	40.62M	58.58M	90.72M	162.25M	218.19M	131.38M	53.76M	137.69M	523.02M	526.13M
Loan Loss Provision	8M	9M	17.36M	14.9M	7.3M	95M	-12.2M	9.85M	31.59M	17.28M
Non-Interest Income+	41.77M	48.87M	65.83M	57.32M	44.71M	46.62M	43.59M	51.4M	45.58M	46.07M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	355.43M	470.8M	637.94M	707.49M	729.49M	645.49M	610.13M	767.51M	1.09B	1B
Revenue Growth %	0.05%	0.32%	0.36%	0.11%	0.03%	-0.12%	-0.05%	0.26%	0.43%	-0.09%
Non-Interest Expense	151.46M	212.02M	266.02M	274.86M	277.65M	276.82M	293.29M	323.92M	361.96M	323.68M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	155.35M	191.2M	263.83M	255.48M	226.35M	142.29M	275.27M	296.05M	177.89M	132.96M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.06%	0.23%	0.38%	-0.03%	-0.11%	-0.37%	0.93%	0.08%	-0.4%	-0.25%
Pretax Income+	155.35M	191.2M	263.83M	255.48M	226.35M	142.29M	275.27M	296.05M	177.89M	132.96M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	63.09M	77.45M	124.39M	65.89M	55.31M	30.78M	70.7M	77.77M	44.21M	33.33M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	92.26M	113.75M	139.44M	189.59M	171.04M	111.52M	204.57M	218.28M	133.67M	99.63M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.04%	0.23%	0.23%	0.36%	-0.1%	-0.35%	0.83%	0.07%	-0.39%	-0.25%
Net Income (Continuing)	92.26M	113.75M	139.44M	189.59M	171.04M	111.52M	204.57M	218.28M	133.67M	99.63M
EPS (Diluted)+	1.16	1.10	1.03	1.44	1.35	0.90	1.66	1.81	1.11	0.82
EPS Growth %	0.05%	-0.05%	-0.06%	0.4%	-0.06%	-0.33%	0.84%	0.09%	-0.39%	-0.26%
EPS (Basic)	1.16	1.10	1.03	1.44	1.35	0.90	1.67	1.82	1.11	0.83
Diluted Shares Outstanding	79.61M	103.53M	135.69M	131.95M	126.88M	123.89M	123.13M	120.47M	120.39M	121.11M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	298.39M	481.54M	545.37M	489.01M	727.73M	379.22M	329.12M	506.78M	1.93B	458.2M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Total Investments+	7.26B	12.11B	12.85B	14.02B	14.08B	15.79B	16.69B	17.62B	16.21B	15.63B
Investments Growth %	0.15%	0.67%	0.06%	0.09%	0%	0.12%	0.06%	0.06%	-0.08%	-0.04%
Long-Term Investments	6.25B	10.56B	11.13B	12.17B	12.37B	13.5B	14.03B	15.65B	14.06B	15.63B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	105.4M	464.45M	464.45M	464.45M	464.45M	464.45M	464.45M	464.45M	464.45M	464.45M
Intangible Assets	2.82M	19.23M	16.52M	14.06M	11.83M	9.71M	7.67M	5.73M	3.94M	2.33M
PP&E (Net)	34.58M	55.32M	56.71M	53.79M	110.61M	96.06M	98.37M	101.89M	97.22M	91.19M
Other Assets	125.59M	193.78M	189.52M	182.67M	206.58M	261.12M	204.13M	255.31M	234.49M	216.46M
Total Current Assets	1.32B	2.07B	2.3B	2.37B	2.47B	2.72B	3.02B	2.54B	4.14B	509.37M
Total Non-Current Assets	6.59B	11.38B	11.91B	12.94B	13.19B	14.38B	14.85B	16.63B	15B	16.54B
Total Assets+	7.91B	13.44B	14.21B	15.31B	15.67B	17.11B	17.89B	19.16B	19.13B	17.05B
Asset Growth %	0.11%	0.7%	0.06%	0.08%	0.02%	0.09%	0.05%	0.07%	-0%	-0.11%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	6.01M	10.86M	15.96M	31.37M	33.81M	14.71M	4.27M	26.67M	168.17M	93.78M
Total Debt+	572.92M	854.1M	1.33B	1.12B	988M	610.77M	678.87M	1.25B	1.96B	392.64M
Net Debt	274.53M	372.56M	783.08M	628.74M	260.27M	231.55M	349.75M	740.29M	27.7M	-65.56M
Long-Term Debt	572.92M	854.1M	1.26B	1.12B	927.49M	558.74M	621.56M	1.19B	1.9B	348.58M
Short-Term Debt	0	0	69.9M	0	0	0	0	0	0	0
Other Liabilities	54.65M	78.95M	87.45M	97.96M	82.26M	93.53M	72.49M	131.89M	131.69M	105.59M
Total Current Liabilities	6.35B	10.65B	10.93B	12.19B	12.56B	14.35B	15.04B	15.77B	14.92B	14.42B
Total Non-Current Liabilities	627.57M	933.05M	1.35B	1.22B	1.07B	704.3M	751.36M	1.38B	2.09B	498.23M
Total Liabilities	6.97B	11.59B	12.28B	13.4B	13.63B	15.05B	15.8B	17.15B	17.01B	14.92B
Total Equity+	938.1M	1.86B	1.93B	1.9B	2.04B	2.05B	2.09B	2.02B	2.12B	2.13B
Equity Growth %	0.06%	0.98%	0.04%	-0.01%	0.07%	0.01%	0.02%	-0.04%	0.05%	0.01%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.08%	0.07%	0.1%	0.09%	0.05%	0.1%	0.11%	0.06%	0.05%
Book Value per Share	11.78	17.94	14.21	14.42	16.05	16.58	17.00	16.76	17.62	17.62
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	80K	135K	136K	136K	136K	136K	136K	137K	138K	138K
Additional Paid-in Capital	541.6M	1.4B	1.41B	1.42B	1.43B	1.43B	1.42B	1.43B	1.44B	1.45B
Retained Earnings	398.25M	469.5M	541.29M	662.38M	762.48M	785.94M	932.56M	1.08B	1.15B	1.18B
Accumulated OCI	-1.83M	-14.66M	-21.78M	-32.7M	9.15M	32.75M	-11.41M	-230.86M	-204.74M	-227.87M
Treasury Stock	0	0	0	-150M	-163.82M	-200M	-250M	-264.67M	-264.67M	-264.67M
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	108.09M	130.6M	203.92M	219.95M	183.85M	165.92M	324.21M	485.54M	473.78M	116.72M
Operating CF Growth %	-0.2%	0.21%	0.56%	0.08%	-0.16%	-0.1%	0.95%	0.5%	-0.02%	-0.75%
Net Income	92.26M	113.75M	139.44M	189.59M	171.04M	111.52M	204.57M	218.28M	133.67M	99.63M
Depreciation & Amortization	-4.53M	-1.57M	-14.9M	0	0	0	0	0	0	0
Deferred Taxes	-1.38M	5.75M	34.74M	2.74M	1.53M	-18M	19.63M	-8.96M	4.14M	5.28M
Other Non-Cash Items	22.51M	18.3M	44.68M	15.25M	21.68M	148.38M	48.91M	199.21M	106.06M	72.94M
Working Capital Changes	-1.82M	-8.76M	-3.21M	8.71M	-15.68M	-84.11M	42.71M	64.74M	217.57M	-70.05M
Cash from Investing+	-934.99M	-463.36M	-766.95M	-1.15B	-36.82M	-1.83B	-993.04M	-1.47B	1.29B	466.52M
Purchase of Investments	-399.15M	-558.95M	-584.87M	-417.2M	-247.24M	-1.3B	-1.16B	-258.33M	-472.69M	-296.94M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	100.13M	0	0	0	0	0	0	0	0
Other Investing	-693.84M	-445.89M	-560.83M	-945.06M	-197.31M	-1.27B	-518.39M	-1.56B	1.44B	177.12M
Cash from Financing+	663.13M	471.7M	618.08M	895.12M	91.93M	1.32B	634.52M	1.18B	-341.47M	-2.05B
Dividends Paid	-33.41M	-42.49M	-67.66M	-71.63M	-70.94M	-69.18M	-68.67M	-67.13M	-67.13M	-67.51M
Share Repurchases	0	1.32B	1.7B	-150M	-13.22M	-36.78M	-50M	-14.67M	0	-3.51M
Stock Issued	0	1.17M	1.86M	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K	1000K	-1000K
Other Financing	646.54M	495.8M	280.74M	1.24B	371.09M	1.81B	703.18M	694.86M	-988.43M	-426.26M
Net Change in Cash+	-163.77M	138.94M	54.67M	-32.39M	238.96M	-347.99M	-34.31M	190.51M	1.42B	-1.47B
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	462.16M	298.39M	437.33M	492M	459.61M	698.57M	350.58M	316.27M	506.78M	1.93B
Cash at End	298.39M	437.33M	492M	459.61M	698.57M	350.58M	316.27M	506.78M	1.93B	458.2M
Interest Paid	40.47M	62.62M	91.08M	144.13M	211.01M	144.23M	62.08M	113.15M	379.91M	599.2M
Income Taxes Paid	61.57M	65.73M	104.16M	57.86M	57.12M	49.22M	42.2M	96.4M	40.99M	29.22M
Free Cash Flow+	97.17M	116.28M	189.14M	213.1M	177.24M	160.94M	316.99M	476.42M	460.65M	106.91M
FCF Growth %	-0.25%	0.2%	0.63%	0.13%	-0.17%	-0.09%	0.97%	0.5%	-0.03%	-0.77%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	10.13%	8.14%	7.37%	9.9%	8.68%	5.45%	9.87%	10.62%	6.46%	4.68%
Return on Assets (ROA)	1.23%	1.07%	1.01%	1.28%	1.1%	0.68%	1.17%	1.18%	0.7%	0.55%
Net Interest Margin	3.45%	2.7%	3.39%	3.19%	2.98%	2.73%	2.87%	3.02%	2.75%	2.51%
Efficiency Ratio	42.61%	45.03%	41.7%	38.85%	38.06%	42.89%	48.07%	42.2%	33.07%	32.37%
Equity / Assets	11.86%	13.81%	13.57%	12.43%	13%	12.01%	11.7%	10.54%	11.09%	12.52%
Book Value / Share	11.78	17.94	14.21	14.42	16.05	16.58	17	16.76	17.62	17.62
NII Growth	2.42%	33.08%	32.48%	1.36%	-4.37%	0.19%	9.68%	12.8%	-9.09%	-18.64%
Dividend Payout	36.21%	37.36%	48.52%	37.78%	41.47%	62.04%	33.57%	30.75%	50.22%	67.76%

Frequently Asked Questions

Valuation & Price

Hope Bancorp, Inc. (HOPE) has a price-to-earnings (P/E) ratio of 13.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Hope Bancorp, Inc. (HOPE) saw revenue decline by 8.6% over the past year.

Yes, Hope Bancorp, Inc. (HOPE) is profitable, generating $51.6M in net income for fiscal year 2024 (10.0% net margin).

Dividend & Returns

Yes, Hope Bancorp, Inc. (HOPE) pays a dividend with a yield of 4.94%. This makes it attractive for income-focused investors.

Hope Bancorp, Inc. (HOPE) has a return on equity (ROE) of 4.7%. This is below average, suggesting room for improvement.

Industry Metrics

Hope Bancorp, Inc. (HOPE) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

Hope Bancorp, Inc. (HOPE) has an efficiency ratio of 32.4%. This is excellent, indicating strong cost control.

US Stock Screener

...