Hope Bancorp Future Growth

Future criteria checks 4/6

Hope Bancorp is forecast to grow earnings and revenue by 26.2% and 12.6% per annum respectively. EPS is expected to grow by 23.3% per annum. Return on equity is forecast to be 7% in 3 years.

Key information

26.2%

Earnings growth rate

23.3%

EPS growth rate

Banks earnings growth	8.4%
Revenue growth rate	12.6%
Future return on equity	7.0%
Analyst coverage	Low
Last updated	30 Jan 2025

Recent future growth updates

Recent updates

Hope Bancorp GAAP EPS of $0.43 beats by $0.02, revenue of $154.29M beats by $4.22M

Jul 19

Hope Bancorp: Strong Topline Growth Likely To Compensate For Above-Average Provisioning

Jun 29

Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of US$0.14

Apr 22

Hope Bancorp: Leading Korean Bank

Feb 09

Earnings and Revenue Growth Forecasts

NasdaqGS:HOPE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	591	164	N/A	N/A	4
12/31/2025	530	105	N/A	N/A	3
12/31/2024	458	100	N/A	N/A	N/A
9/30/2024	484	102	136	146	N/A
6/30/2024	498	108	265	275	N/A
3/31/2024	521	120	415	427	N/A
12/31/2023	542	134	461	474	N/A
9/30/2023	562	159	500	514	N/A
6/30/2023	592	183	409	421	N/A
3/31/2023	605	197	368	378	N/A
12/31/2022	620	218	476	486	N/A
9/30/2022	605	218	460	469	N/A
6/30/2022	600	220	440	449	N/A
3/31/2022	596	222	442	450	N/A
12/31/2021	569	205	317	324	N/A
9/30/2021	528	181	261	267	N/A
6/30/2021	491	156	203	208	N/A
3/31/2021	449	129	147	152	N/A
12/31/2020	426	112	161	166	N/A
9/30/2020	447	126	152	157	N/A
6/30/2020	461	138	188	194	N/A
3/31/2020	486	154	176	183	N/A
12/31/2019	509	171	177	184	N/A
9/30/2019	514	172	182	188	N/A
6/30/2019	516	176	198	204	N/A
3/31/2019	524	181	234	241	N/A
12/31/2018	533	190	213	220	N/A
9/30/2018	542	163	N/A	246	N/A
6/30/2018	547	161	N/A	216	N/A
3/31/2018	541	154	N/A	185	N/A
12/31/2017	530	139	N/A	204	N/A
9/30/2017	526	162	N/A	236	N/A
6/30/2017	503	144	N/A	196	N/A
3/31/2017	453	126	N/A	197	N/A
12/31/2016	406	114	N/A	131	N/A
9/30/2016	349	96	N/A	60	N/A
6/30/2016	318	95	N/A	104	N/A
3/31/2016	314	95	N/A	97	N/A
12/31/2015	309	92	N/A	108	N/A
9/30/2015	306	92	N/A	120	N/A
6/30/2015	302	88	N/A	122	N/A
3/31/2015	300	88	N/A	116	N/A
12/31/2014	298	89	N/A	136	N/A
9/30/2014	290	84	N/A	129	N/A
6/30/2014	290	86	N/A	113	N/A
3/31/2014	287	86	N/A	150	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOPE's forecast earnings growth (26.2% per year) is above the savings rate (2.6%).

Earnings vs Market: HOPE's earnings (26.2% per year) are forecast to grow faster than the US market (14.8% per year).

High Growth Earnings: HOPE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HOPE's revenue (12.6% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: HOPE's revenue (12.6% per year) is forecast to grow slower than 20% 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 (7%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/06 10:16
End of Day Share Price	2025/02/06 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hope Bancorp, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Peter Winter	BMO Capital Markets Equity Research
Leanne Caravaggio	BMO Capital Markets Equity Research
Lana Chan	BMO Capital Markets U.S. (Historical)

Hope Bancorp Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 25%

Price target increased by 12% to US$12.70

Price target increased by 7.2% to US$10.40

Price target decreased by 7.5% to US$9.80

Price target increased by 7.1% to US$10.60

Price target decreased by 9.8% to US$10.10

Recent updates

Consensus EPS estimates fall by 25%

Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of $0.14

Fourth quarter dividend of US$0.14 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Hope Bancorp, Inc. Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2024

Hope Bancorp, Inc. to Report Q4, 2024 Results on Jan 27, 2025

Insufficient new directors

Director recently sold US$388k worth of stock

Director notifies of intention to sell stock

Honorary Chairman of the Board recently sold US$1.3m worth of stock

Independent Director recently sold US$375k worth of stock

Hope Bancorp (NASDAQ:HOPE) Is Due To Pay A Dividend Of $0.14

Third quarter dividend of US$0.14 announced

Hope Bancorp, Inc. Reports Net Charge Offs for the Third Quarter Ended September 30, 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Hope Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About November 21, 2024

Hope Bancorp, Inc. to Report Q3, 2024 Results on Oct 28, 2024

Independent Director recently sold US$185k worth of stock

Independent Director notifies of intention to sell stock

Second quarter dividend of US$0.14 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target increased by 12% to US$12.70

Now 21% undervalued

Hope Bancorp Declares Quarterly Cash Dividend, Payable on or About August 22, 2024

Investor sentiment improves as stock rises 18%

Hope Bancorp, Inc. to Report Q2, 2024 Results on Jul 29, 2024

Honorary Chairman of the Board recently sold US$349k worth of stock

Now 21% undervalued

Hope Bancorp: Dividend Yield Is Attractive, Acquisition Is The Biggest Catalyst

Hope Bancorp (NASDAQ:HOPE) Is Paying Out A Dividend Of $0.14

First quarter dividend of US$0.14 announced

Hope Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About May 23, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Hope Bancorp, Inc. (NasdaqGS:HOPE) signed a definitive merger agreement to acquire Territorial Bancorp Inc. (NasdaqGS:TBNK) for $77.89 million.

Hope Bancorp, Inc., Annual General Meeting, May 23, 2024

Hope Bancorp, Inc. to Report Q1, 2024 Results on Apr 29, 2024

Chairman exercised options to buy US$247k worth of stock.

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Hope Bancorp: Deposits Drop, So Does Shareholder Confidence

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Hope Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About February 23, 2024

Hope Bancorp, Inc. to Report Q4, 2023 Results on Jan 30, 2024

Price target increased by 7.2% to US$10.40

Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of $0.14

Hope Bancorp, Inc. Reports Net Charge Offs for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Hope Bancorp, Inc. to Report Q3, 2023 Results on Oct 23, 2023

Price target decreased by 7.5% to US$9.80

Hope Bancorp (NASDAQ:HOPE) Is Paying Out A Dividend Of $0.14

Price target increased by 7.1% to US$10.60

Hope Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About August 17, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Hope Bancorp, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Hope Bancorp, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Hope Bancorp, Inc.(NasdaqGS:HOPE) dropped from S&P Banks Select Industry Index

Investor sentiment improves as stock rises 17%

Independent Director recently bought US$101k worth of stock

Investor sentiment deteriorates as stock falls 17%

Price target decreased by 9.8% to US$10.10

Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of $0.14

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 10% to US$11.20

Chairman exercised options to buy US$312k worth of stock.

Investor sentiment deteriorates as stock falls 15%

Is Now The Time To Put Hope Bancorp (NASDAQ:HOPE) On Your Watchlist?

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 15%

Hope Bancorp (NASDAQ:HOPE) Is Paying Out A Dividend Of $0.14

Price target decreased by 8.2% to US$13.50