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NASDAQ: HOPE
Hope Bancorp Inc Stock

$10.23+0.43 (+4.39%)
Updated Mar 24, 2023
HOPE Price
$10.23
Fair Value Price
$14.45
Market Cap
$1.22B
52 Week Low
$9.68
52 Week High
$16.88
P/E
5.62x
P/B
0.61x
P/S
2.47x
PEG
0.64x
Dividend Yield
5.47%
Revenue
$620.22M
Earnings
$218.28M
Gross Margin
100%
Operating Margin
47.73%
Profit Margin
35.2%
Debt to Equity
8.49
Operating Cash Flow
$486M
Beta
1
Next Earnings
Apr 17, 2023
Ex-Dividend
N/A
Next Dividend
N/A

HOPE Overview

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.

Zen Score

Industry Average (39)
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Due Diligence Checks

HOPE ($10.23) is undervalued by 29.2% relative to our estimate of its Fair Value price of $14.45 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HOPE ($10.23) is significantly undervalued by 29.2% relative to our estimate of its Fair Value price of $14.45 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
HOPE ($10.23) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more HOPE due diligence checks available for Premium users.

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HOPE News

Valuation

HOPE fair value

Fair Value of HOPE stock based on Discounted Cash Flow (DCF)
Price
$10.23
Fair Value
$14.45
Undervalued by
29.20%
HOPE ($10.23) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HOPE ($10.23) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HOPE ($10.23) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HOPE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
5.62x
Industry
21.11x
Market
21.37x
HOPE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HOPE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

HOPE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.61x
Industry
0.96x
HOPE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HOPE price to earnings growth (PEG)

For valuing profitable companies with growth potential
HOPE is good value based... subscribe to Premium to read more.
PEG Value Valuation

HOPE's financial health

Profit margin

Revenue
$154.4M
Net Income
$51.7M
Profit Margin
33.5%
HOPE's Earnings (EBIT) of $296.05M... subscribe to Premium to read more.
Interest Coverage Financials
HOPE's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$19.2B
Liabilities
$17.1B
Debt to equity
8.49
HOPE's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
HOPE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$118.3M
Investing
$44.3M
Financing
$12.8M
HOPE's operating cash flow ($485.54M)... subscribe to Premium to read more.
Debt Coverage Financials

HOPE vs Bank Stocks

TickerMarket Cap1d %P/EP/B
HOPE$1.22B+4.39%5.62x0.61x
OFG$1.23B+3.28%7.46x1.18x
SASR$1.20B+2.98%7.31x0.81x
WABC$1.25B+2.78%10.19x2.07x
NBHC$1.26B+4.14%15.20x1.15x

Hope Bancorp Stock FAQ

What is Hope Bancorp's quote symbol?

NASDAQ: HOPE) Hope Bancorp trades on the NASDAQ under the ticker symbol HOPE. Hope Bancorp stock quotes can also be displayed as NASDAQ: HOPE.

If you're new to stock investing, here's how to buy Hope Bancorp stock.

What is the 52 week high and low for Hope Bancorp (NASDAQ: HOPE)?

(NASDAQ: HOPE) Hope Bancorp's 52-week high was $16.88, and its 52-week low was $9.68. It is currently -39.4% from its 52-week high and 5.68% from its 52-week low.

How much is Hope Bancorp stock worth today?

(NASDAQ: HOPE) Hope Bancorp currently has 119,498,107 outstanding shares. With Hope Bancorp stock trading at $10.23 per share, the total value of Hope Bancorp stock (market capitalization) is $1.22B.

Hope Bancorp stock was originally listed at a price of $2.56 in Jan 29, 1998. If you had invested in Hope Bancorp stock at $2.56, your return over the last 25 years would have been 299.3%, for an annualized return of 5.69% (not including any dividends or dividend reinvestments).

How much is Hope Bancorp's stock price per share?

(NASDAQ: HOPE) Hope Bancorp stock price per share is $10.23 today (as of Mar 24, 2023).

What is Hope Bancorp's Market Cap?

(NASDAQ: HOPE) Hope Bancorp's market cap is $1.22B, as of Mar 26, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Hope Bancorp's market cap is calculated by multiplying HOPE's current stock price of $10.23 by HOPE's total outstanding shares of 119,498,107.
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