Stock Analysis Report

Executive Summary

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services to small and medium-sized businesses and individuals in the United States.

Snowflake Analysis

Undervalued with excellent balance sheet and pays a dividend.

Similar Companies

Share Price & News

How has Hope Bancorp's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: HOPE's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: HOPE underperformed the US Banks industry which returned -21.9% over the past year.

Return vs Market: HOPE underperformed the US Market which returned -9.1% over the past year.

Shareholder returns

7 Day3.5%9.4%9.9%
30 Day-32.9%-26.0%-15.0%
90 Day-44.8%-38.6%-21.5%
1 Year-34.9%-37.4%-22.9%-25.1%-10.0%-11.9%
3 Year-52.7%-57.3%-17.2%-23.3%12.3%5.1%
5 Year-34.3%-43.9%11.6%-1.1%32.5%18.1%

Price Volatility Vs. Market

How volatile is Hope Bancorp's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Hope Bancorp undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HOPE ($8.19) is trading below our estimate of fair value ($15.48)

Significantly Below Fair Value: HOPE is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: HOPE is good value based on its PE Ratio (6.1x) compared to the Banks industry average (9x).

PE vs Market: HOPE is good value based on its PE Ratio (6.1x) compared to the US market (13.4x).

Price to Earnings Growth Ratio

PEG Ratio: HOPE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: HOPE is good value based on its PB Ratio (0.5x) compared to the US Banks industry average (0.8x).

Next Steps

Future Growth

How is Hope Bancorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOPE's earnings are forecast to decline over the next 3 years (-14.3% per year).

Earnings vs Market: HOPE's earnings are forecast to decline over the next 3 years (-14.3% per year).

High Growth Earnings: HOPE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HOPE's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: HOPE's revenue is forecast to decline over the next 3 years (-1.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HOPE's Return on Equity is forecast to be low in 3 years time (6.5%).

Next Steps

Past Performance

How has Hope Bancorp performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HOPE has high quality earnings.

Growing Profit Margin: HOPE's current net profit margins (33.6%) are lower than last year (35.6%).

Past Earnings Growth Analysis

Earnings Trend: HOPE's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: HOPE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HOPE had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Banks industry average (11.2%).

Return on Equity

High ROE: HOPE's Return on Equity (8.4%) is considered low.

Next Steps

Financial Health

How is Hope Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Inventory Level: HOPE has a low level of unsold assets or inventory.

Debt Coverage by Assets: HOPE's debt is not covered by short term assets (assets are 0.9x debt).

Financial Institutions Analysis

Asset Level: HOPE's level of assets compared to its equity is low.

Allowance for Bad Loans: HOPE has a low allowance for bad loans.

Low Risk Liabilities: HOPE's liabilities are made up of primarily low risk sources of funding.

Loan Level: HOPE has an acceptable proportion of non-loan assets held.

Low Risk Deposits: HOPE's loans are broadly funded by customer deposits.

Level of Bad Loans: HOPE has an appropriate level of bad loans (0.8%)

Next Steps


What is Hope Bancorp's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HOPE's dividend (6.84%) is higher than the bottom 25% of dividend payers in the US market (1.93%).

High Dividend: HOPE's dividend (6.84%) is in the top 25% of dividend payers in the US market (5.33%)

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, HOPE has been paying a dividend for less than 10 years.

Growing Dividend: HOPE's dividend payments have increased, but the company has only paid a dividend for 7 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.4%), HOPE's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: HOPE's dividends in 3 years are forecast to be covered by earnings (55.4% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Kevin Kim (61yo)





Mr. Kevin Sung Kim has been the Chief Executive Officer and President of Hope Bancorp, Inc. since March 7, 2013 and serves as its Executive Director since December 2011. Mr. Kim has been Chairman of the Bo ...

CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD2.59M) is about average for companies of similar size in the US market ($USD3.09M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

Leadership Team

Kevin Kim
Chairman7yrsUS$2.59m0.47% $4.8m
Alex Ko
Executive VP & CFO2.42yrsUS$574.13k0.0077% $78.1k
Kyu Kim
Senior EVP & Regional President of Eastern Region-Bank of Hopeno dataUS$626.29k0.018% $182.6k
Hung Van
Executive VP & Chief Information Officer of Bank of Hopeno dataUS$663.81k0.0013% $13.3k
Angie Yang
Senior VP and Director of IR & Corporate Communicationsno datano datano data
Lisa Pai
Executive VP & General Counsel3.67yrsno datano data
Peter Koh
Executive VP & Chief Credit Officer - Bank of Hope3.67yrsno data0.046% $469.0k
Catherine Suh
Vice President of Eastern Region11.33yrsno datano data
Jason Kim
EVP & Chief Commercial Banking Officer of Bank of Hope8.25yrsUS$343.35k0.028% $281.6k
David Kim
Executive VP & Chief Retail Banking Officer - Bank of Hope2.83yrsno data0.0026% $26.3k


Average Tenure


Average Age

Experienced Management: HOPE's management team is considered experienced (3.7 years average tenure).

Board Members

Kevin Kim
Chairman7yrsUS$2.59m0.47% $4.8m
Steven Didion
Independent Director3.67yrsUS$102.50k0.051% $520.2k
Steven Koh
Honorary Chairman of the Boardno dataUS$135.00k3.09% $31.5m
Chung Lee
Independent Director8.25yrsUS$107.44k0.19% $1.9m
Jin Jhung
Independent Director8.25yrsUS$97.94k0.19% $1.9m
William Lewis
Independent Director5.5yrsUS$102.50k0.0060% $61.4k
David Malone
Director5.83yrsUS$882.22k0.018% $181.1k
Yoon-Suk Whang
Former Chairman of the Board0.83yrUS$155.00k0.054% $550.4k
John Taylor
Independent Director3.67yrsUS$102.50k0.035% $358.4k
Dale Zuehls
Independent Director6yrsUS$102.50k0.0060% $61.4k


Average Tenure


Average Age

Experienced Board: HOPE's board of directors are considered experienced (5.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Hope Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Hope Bancorp, Inc.
  • Ticker: HOPE
  • Exchange: NasdaqGS
  • Founded: 2000
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$1.018b
  • Shares outstanding: 124.29m
  • Website:

Number of Employees


  • Hope Bancorp, Inc.
  • 3200 Wilshire Boulevard
  • Suite 1400
  • Los Angeles
  • California
  • 90010
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HOPENasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1996
NRBDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1996


Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. In addition, the company offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; commercial equipment lease financing; and warehouse lines of credit to mortgage loan originators. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking; debit and credit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; and Internet banking and bill-pay services, as well as operates automated teller machines. As of February 27, 2019, the company operated 63 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; a commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 00:43
End of Day Share Price2020/03/27 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.