0.68%
-4.31%
-5.08%
-10.64%
6.14%
-29.79%
-15.46%
AI Spotlight on HOPE
Company 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.
Market Data
| Last Price | 11.76 |
| Change Percentage | 0.68% |
| Open | 11.72 |
| Previous Close | 11.68 |
| Market Cap ( Millions) | 1420 |
| Volume | 580296 |
| Year High | 14.54 |
| Year Low | 9.8 |
| M A 50 | 12.73 |
| M A 200 | 11.97 |
Financial Ratios
| FCF Yield | 10.12% |
| Dividend Yield | 4.76% |
| ROE | 4.78% |
| Debt / Equity | 11.81% |
| Net Debt / EBIDTA | -84918.60% |
| Price To Book | 0.66 |
| Price Earnings Ratio | 14.0 |
| Price To FCF | 9.88 |
| Price To sales | 1.55 |
| EV / EBITDA | 1990.6 |
News
- Jan -27 - Hope Bancorp, Inc. (HOPE) Q4 2024 Earnings Call Transcript
- Jan -27 - Hope Bancorp (HOPE) Reports Q4 Earnings: What Key Metrics Have to Say
- Jan -27 - Hope Bancorp (HOPE) Surpasses Q4 Earnings Estimates
- Jan -23 - Bank of Hope Donates $100,000 for Los Angeles Wildfire Relief
- Jan -22 - Unlocking Q4 Potential of Hope Bancorp (HOPE): Exploring Wall Street Estimates for Key Metrics
- Jan -15 - Hope Bancorp to Report 2024 Fourth Quarter Financial Results on Monday, January 27, 2025
- Oct -29 - Blue Hill Advisors to Territorial Shareholders: No Risk to Territorial if Board Engages with Us
- Oct -28 - Hope Bancorp, Inc. (HOPE) Q3 2024 Earnings Call Transcript
- Oct -28 - Compared to Estimates, Hope Bancorp (HOPE) Q3 Earnings: A Look at Key Metrics
- Oct -28 - Hope Bancorp (HOPE) Lags Q3 Earnings and Revenue Estimates
- Oct -28 - Hope Bancorp Reports 2024 Third Quarter Financial Results
- Oct -24 - Yakira Capital Refutes Territorial Bancorp's Board of Directors' Public Concerns Related to Acquisition Offer from Blue Hill Advisors
- Oct -21 - Analysts Estimate Hope Bancorp (HOPE) to Report a Decline in Earnings: What to Look Out for
- Oct -17 - Blue Hill Advisors and Investors Reaffirm Commitment to Territorial Transaction; Will Stand by Offer if Hope Deal Terminates
- Oct -11 - Capricor Therapeutics Announces Positive Long-Term Data from HOPE-2 OLE Study in Duchenne Muscular Dystrophy at 2024 World Muscle Society Congress
- Oct -11 - Hope Bancorp to Report 2024 Third Quarter Financial Results on Monday, October 28, 2024
- Oct -09 - Blue Hill Advisors and Investors Reiterate Superior Proposal for Territorial Bancorp and Refute Territorial's Assertions
- Oct -04 - Capricor Therapeutics to Present Long-Term Data from HOPE-2 Open Label Extension Study at 2024 World Muscle Society Congress
- Oct -01 - Blue Hill Advisors Announces ISS Recommendation AGAINST Territorial Bancorp Merger with Hope Bancorp
- Sep -26 - Blue Hill Advisors Announces Increased Cash Offer for Territorial Bancorp
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Banking and Related Activities
Expected Growth : 10.0 %
What the company do ?
Hope Bancorp, Inc. provides commercial banking services to small and medium-sized businesses, offering deposit, loan, and cash management products and services.
Why we expect these perspectives ?
Hope Bancorp, Inc.'s 10.0% growth in Banking and Related Activities is driven by strategic expansion into underserved Asian-American markets, increased commercial lending, and a focus on digital banking platforms. Additionally, the company's cost-saving initiatives and efficient operations have contributed to improved profitability, enabling investments in growth initiatives.
Hope Bancorp, Inc. Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | Hope Bancorp, Inc. offers a range of personal banking services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Business Banking | The company provides business banking services, including business checking and savings accounts, commercial loans, and cash management solutions. |
| Commercial Lending | Hope Bancorp, Inc. offers commercial lending services, including commercial real estate loans, construction loans, and lines of credit. |
| Treasury Management | The company provides treasury management services, including cash management, wire transfers, and account reconciliation. |
| Wealth Management | Hope Bancorp, Inc. offers wealth management services, including investment management, retirement planning, and estate planning. |
| Mortgage Lending | The company provides mortgage lending services, including residential and commercial mortgage loans. |
Hope Bancorp, Inc.'s Porter Forces
Threat Of Substitutes
Hope Bancorp, Inc. operates in a highly competitive industry, but its strong brand recognition and customer loyalty mitigate the threat of substitutes.
Bargaining Power Of Customers
Hope Bancorp, Inc.'s customers have limited bargaining power due to the company's diversified customer base and lack of concentration.
Bargaining Power Of Suppliers
Hope Bancorp, Inc. relies on a few large suppliers, giving them some bargaining power, but the company's scale and diversification mitigate this threat.
Threat Of New Entrants
The banking industry has low barriers to entry, and new entrants could potentially disrupt Hope Bancorp, Inc.'s market share.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players, leading to intense rivalry and competition for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.58% |
| Debt Cost | 5.72% |
| Equity Weight | 36.42% |
| Equity Cost | 9.68% |
| WACC | 7.16% |
| Leverage | 174.55% |
Hope Bancorp, Inc. : Quality Control
Hope Bancorp, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CPF | Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in the United States. It … |
| PEBK | Peoples Bancorp of North Carolina, Inc. operates as the bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to … |
| NRIM | Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community … |
| FUNC | First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers … |
| STBA | S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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First United
A-Score
1-Year Total Return ->
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Central Pacific Financial
A-Score
1-Year Total Return ->
🥉
S&T Bancorp
A-Score
1-Year Total Return ->
4
Northrim Bank
A-Score
1-Year Total Return ->
5
Hope Bancorp
A-Score
1-Year Total Return ->
6
