Financial Services -
Banks - Regional - NASDAQ - US
$ 9.31
-0.534 %
$ 1.19 B
Market Cap
11.35
P/E
1. INTRINSIC VALUE
Balance Sheet
Hope Bancorp, Inc.
| Current Assets | 20.8 M |
| Cash & Short-Term Investments | 20.8 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 2.61 B |
| Long-Term Investments | 2.15 B |
| PP&E | 91.2 M |
| Other Non-Current Assets | 376 M |
| Current Liabilities | 93.8 M |
| Accounts Payable | 93.8 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 393 M |
| Long-Term Debt | 393 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Hope Bancorp, Inc.
| Revenue | 954 M |
| Cost Of Revenue | 0 |
| Gross Profit | 954 M |
| Operating Expenses | 8.97 M |
| Operating Income | 945 M |
| Other Expenses | 845 M |
| Net Income | 99.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Hope Bancorp, Inc.
| Net Income | 99.6 M |
| Depreciation & Amortization | 52.7 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 8.92 M |
| Change in Working Capital | -70 M |
| Others | 19.3 M |
| Free Cash Flow | 117 M |
Wall Street Analysts Price Targets
Hope Bancorp, Inc.
Wall Street analysts predict an average 1-year price target for HOPE of $13.8 , with forecasts ranging from
a
low of
$12.5 to a high of $15 .
HOPE Lowest Price Target
Wall Street Target
12.5 USD
34.26%
HOPE Average Price Target
Wall Street Target
13.8 USD
47.69%
HOPE Highest Price Target
Wall Street Target
15 USD
61.12%
4. DIVIDEND
ANALYSIS
1.14%
DIVIDEND YIELD
0.14 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Hope Bancorp, Inc.
Sold
0-3 MONTHS
49.5 K USD 1
3-6 MONTHS
2.13 M USD 5
6-9 MONTHS
376 K USD 4
9-12 MONTHS
394 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Hope Bancorp Completes Merger With Territorial Bancorp
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, today announced the completion of its merger with Honolulu-based Territorial Bancorp Inc. (“Territorial”), the holding company for Territorial Savings Bank. Effective as of April 2, 2025, Territorial Savings Bank will operate under the trade name Territorial Savings, a division of Bank of Hope, preserving the 100-plus year legacy of the Territorial brand, culture and commitment.
businesswire.com
- 2 weeks ago
iECURE to Present Initial Data from Phase 1/2 OTC-HOPE Clinical Trial in Ornithine Transcarbamylase Deficiency at ACMG Annual Clinical Genetics Meeting
PHILADELPHIA--(BUSINESS WIRE)--iECURE, Inc., a gene editing company focused on the development of mutation-agnostic in vivo gene insertion therapies for the treatment of liver disorders with significant unmet need, today announced that initial data from the Phase 1/2 OTC-HOPE clinical trial evaluating in vivo gene editing candidate ECUR-506 in neonatal onset ornithine transcarbamylase (OTC) deficiency will be presented at the 2025 American College of Medical Genetics and Genomics (ACMG) Annual.
businesswire.com
- 1 month ago
Hope Bancorp Receives Regulatory Approvals for Its Merger With Territorial Bancorp
LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the holding company of Territorial Savings Bank, today jointly announced receipt of all required regulatory approvals to complete their previously announced merger (the “Merger”). Upon completion of the Merger, it is intended that the legacy Territorial franchise in Hawai‘i will operate under the trade name.
businesswire.com
- 1 month ago
Hope Bancorp: Challenges To Overcome Remain The Same As A Year Ago
HOPE's loan growth remains sluggish, hindered by stagnant deposits, despite the merger with Territorial Bancorp offering some optimism for 2025. The bank's profitability struggles due to high deposit costs and declining net interest income, yet its dividend yield of 5.18% remains sustainable. The merger with Territorial Bancorp could improve deposit quality and diversify HOPE's loan portfolio, but organic growth remains weak.
seekingalpha.com
- 1 month ago
Hope Bancorp to Participate in the 2025 KBW Winter Financial Services Conference
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the 2025 KBW Winter Financial Services Conference in Boca Raton, Florida, February 12-14, 2025. A copy of the investor presentation being used for meetings with institutional investors will be available in the Investor Relations section of the Company's.
businesswire.com
- 2 months ago
Operation HOPE Releases 2024 National Impact Report Highlighting Continued Impressive Growth and Improved Client Outcomes
ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, announced its top-line results for 2024. Operation HOPE continued its impressive streak of growth by serving a record number of clients, growing its portfolio of top-tier partner organizations, and improving client outcomes with improved credit scores, increased savings and decreased levels of debt. Operation HOPE uses its HOPE Inside location.
businesswire.com
- 2 months ago
Hope Bancorp, Inc. (HOPE) Q4 2024 Earnings Call Transcript
Hope Bancorp, Inc. (NASDAQ:HOPE ) Q4 2024 Earnings Conference Call January 27, 2025 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President and CEO Julianna Balicka - EVP and CFO Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Operator Good day and welcome to the Hope Bancorp 2024 Fourth Quarter Earnings Conference Call.
seekingalpha.com
- 2 months ago
Hope Bancorp (HOPE) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Hope Bancorp (HOPE) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 months ago
Hope Bancorp (HOPE) Surpasses Q4 Earnings Estimates
Hope Bancorp (HOPE) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago.
zacks.com
- 2 months ago
Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about February 20, 2025, to all stockholders of record as of the close of business on February 6, 2025. About Hope Bancorp, Inc. Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the first and only super regional Korean American bank in the United States with.
businesswire.com
- 2 months ago
Hope Bancorp Reports 2024 Fourth Quarter and Full-Year Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and twelve months ended December 31, 2024. For the three months ended December 31, 2024, net income totaled $24.3 million, or $0.20 per diluted common share. This compares with net income of $24.2 million, or $0.20 per diluted common share, in the third quarter of 2024. For the full year ended Decembe.
businesswire.com
- 2 months ago
Bank of Hope Donates $100,000 for Los Angeles Wildfire Relief
LOS ANGELES--(BUSINESS WIRE)--Bank of Hope, a wholly owned subsidiary of Hope Bancorp, Inc. (NASDAQ: HOPE), today announced a multipronged relief plan to support victims of the devastating wildfires in Los Angeles, including a $100,000 philanthropic donation to the United Way of Greater Los Angeles Wildfire Response Fund. “Los Angeles is home to Bank of Hope, and we are truly heartbroken to see the unprecedented destruction in our community,” said Kevin S. Kim, Chairman, President and Chief Exe.
businesswire.com
- 2 months ago
8. Profile
Summary
Hope Bancorp, Inc. HOPE
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.19 B
Dividend Yield
1.14%
Description
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.
Contact
3200 Wilshire Boulevard, Los Angeles, CA, 90010
https://www.bankofhope.com
IPO
Date
Jan. 29, 1998
Employees
1244
Officers
Mr. Kevin Sung Kim J.D.
Chairman, President & Chief Executive Officer
Ms. Angelee J. Harris
Executive Vice President, General Counsel & Corporate Secretary
Mr. Jason K. Kim
Senior EVice President & President of Western Regional of Bank of Hope
Mr. Andy Chan
Executive Vice President & Chief Internal Audit Executive
Ms. Angie Yang
Senior Vice President and Director of IR & Corporate Communications
Mr. Peter J. Koh
Senior EVice President & Chief Operating Officer
Ms. Julianna Balicka
Executive Vice President & Chief Financial Officer
Mr. Thomas P. Stenger
Senior EVice President & Chief Risk Officer
Ms. Kyu S. Kim
Senior EVice President & Chief Commercial Banking Officer of Bank of Hope
Mr. Daniel H. Kim
Executive Vice President and Chief Strategy & Administrative Officer