Hope Bancorp, Inc. (HOPE)
Stock Price Chart
Key Info
| Market Cap | 984.24M |
| Revenue (ttm) | 460.75M |
| Net Income (ttm) | 138.31M |
| Shares Out | 123.26M |
| EPS (ttm) | 1.01 |
| PE Ratio | 7.91 |
| Forward PE | 7.31 |
| Dividend | $0.56 |
| Dividend Yield | 7.01% |
Stock Quote
| Trading Day | Oct 29, 2020 |
| Last Price | $7.99 |
| Previous Close | $7.77 |
| Change ($) | 0.22 |
| Change (%) | 2.77% |
| Day's Open | 7.74 |
| Day's Range | 7.62 - 7.99 |
| Day's Volume | 729,922 |
| 52-Week Range | 7.03 - 15.51 |
More Stats
| Market Cap | 984.24M |
| Enterprise Value | 347.80M |
| Earnings Date (est) | Jan 21, 2021 |
| Ex-Dividend Date | Oct 29, 2020 |
| Shares Outstanding | 123.26M |
| Float | 117.51M |
| EPS (basic) | 1.11 |
| EPS (diluted) | 1.01 |
| FCF / Share | 1.52 |
| Dividend | $0.56 |
| Dividend Yield | 7.01% |
| Earnings Yield | 12.65% |
| FCF Yield | 19.06% |
| Payout Ratio | 50.50% |
| Shares Short | 2.70M |
| Short Ratio | 2.69 |
| Short % of Float | 2.30% |
| Beta | 1.65 |
| PE Ratio | 7.91 |
| Forward PE | 7.31 |
| P/FCF Ratio | 5.25 |
| PS Ratio | 2.14 |
| PB Ratio | 0.52 |
| Revenue | 460.75M |
| Operating Income | 181.16M |
| Net Income | 138.31M |
| Free Cash Flow | 187.57M |
| Net Cash | 636.44M |
| Net Cash / Share | 5.16 |
| Gross Margin | 113.93% |
| Operating Margin | 39.32% |
| Profit Margin | 30.00% |
| FCF Margin | 40.71% |
| ROA | 0.79% |
| ROE | 6.20% |
| ROIC | 1.20% |
Analyst Forecasts
Analyst Consensus: n/a
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 509 | 533 | 530 | 406 | 309 | 298 | 276 | 259 | 125 | 48.24 |
| Revenue Growth | -4.54% | 0.52% | 30.59% | 31.56% | 3.55% | 8.11% | 6.67% | 106.8% | 159.17% | - |
| Gross Profit | 509 | 533 | 530 | 406 | 309 | 298 | 276 | 259 | 125 | 48.24 |
| Operating Income | 226 | 255 | 264 | 191 | 155 | 148 | 134 | 138 | 49.16 | -15.14 |
| Net Income | 171 | 190 | 139 | 114 | 92.26 | 88.62 | 81.76 | 83.22 | 27.12 | -7.24 |
| Shares Outstanding | 127 | 129 | 135 | 135 | 79.55 | 79.50 | 79.27 | 78.04 | 46.82 | 37.97 |
| Earnings Per Share | 1.35 | 1.44 | 1.03 | 1.10 | 1.16 | 1.11 | 1.03 | 0.99 | 0.53 | -0.30 |
| EPS Growth | -6.25% | 39.81% | -6.36% | -5.17% | 4.5% | 7.77% | 4.04% | 86.79% | - | - |
| Dividend Per Share | 0.56 | 0.54 | 0.50 | 0.45 | 0.42 | 0.35 | 0.25 | 0.05 | - | - |
| Dividend Growth | 3.7% | 8% | 11.11% | 7.14% | 20% | 40% | 400% | - | - | - |
| Operating Cash Flow | 184 | 220 | 204 | 131 | 108 | 136 | 134 | 104 | 96.58 | 136 |
| Capital Expenditures | -6.62 | -6.80 | -9.69 | -14.32 | -10.92 | -6.43 | -9.19 | -6.83 | -1.17 | -2.97 |
| Free Cash Flow | 177 | 213 | 194 | 116 | 97.18 | 129 | 125 | 97.64 | 95.41 | 133 |
| Cash & Equivalents | 728 | 489 | 492 | 437 | 298 | 462 | 317 | 313 | 300 | 172 |
| Total Debt | 989 | 1,120 | 1,330 | 857 | 574 | 525 | 484 | 473 | 407 | 413 |
| Net Cash / Debt | -261 | -631 | -838 | -420 | -276 | -62.86 | -168 | -160 | -107 | -240 |
| Assets | 15,667 | 15,306 | 14,207 | 13,441 | 7,913 | 7,140 | 6,475 | 5,641 | 5,167 | 2,963 |
| Liabilities | 13,631 | 13,403 | 12,278 | 11,586 | 6,975 | 6,258 | 5,666 | 4,890 | 4,371 | 2,605 |
| Book Value | 2,036 | 1,903 | 1,928 | 1,855 | 938 | 883 | 809 | 751 | 796 | 359 |
Company Profile
Company Details
| Full Name | Hope Bancorp, Inc. |
| Country | United States |
| Employees | 1,441 |
| CEO | Kevin Sung Kim |
Stock Information
| Ticker Symbol | HOPE |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: HOPE |
| IPO Date | December 27, 1996 |
Description
Hope Bancorp 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; Internet banking and bill-pay services; and automated teller machine services. As of December 31, 2019, Hope Bancorp, Inc. operated 58 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.