Hope Bancorp, Inc. (HOPE)

Hope Bancorp Statistics

Total Valuation

Hope Bancorp has a market cap or net worth of $1.48 billion. The enterprise value is $1.04 billion.

Market Cap	1.48B
Enterprise Value	1.04B

Important Dates

The next estimated earnings date is Tuesday, January 28, 2025, before market open.

Earnings Date	Jan 28, 2025
Ex-Dividend Date	Nov 7, 2024

Share Statistics

Hope Bancorp has 120.74 million shares outstanding. The number of shares has increased by 0.64% in one year.

Current Share Class	120.74M
Shares Outstanding	120.74M
Shares Change (YoY)	+0.64%
Shares Change (QoQ)	+0.18%
Owned by Insiders (%)	4.71%
Owned by Institutions (%)	89.13%
Float	114.98M

Valuation Ratios

The trailing PE ratio is 14.54 and the forward PE ratio is 11.57.

PE Ratio	14.54
Forward PE	11.57
PS Ratio	3.04
Forward PS	2.61
PB Ratio	0.68
P/TBV Ratio	0.87
P/FCF Ratio	10.84
P/OCF Ratio	10.13
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	10.25
EV / Sales	2.15
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	7.66

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	2.17
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 4.85%.

Return on Equity (ROE)	4.85%
Return on Assets (ROA)	0.54%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$389,279
Profits Per Employee	$81,812
Employee Count	1,244
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Hope Bancorp has paid $34.37 million in taxes.

Income Tax	34.37M
Effective Tax Rate	25.24%

Stock Price Statistics

The stock price has increased by +1.16% in the last 52 weeks. The beta is 1.14, so Hope Bancorp's price volatility has been higher than the market average.

Beta (5Y)	1.14
52-Week Price Change	+1.16%
50-Day Moving Average	13.10
200-Day Moving Average	11.88
Relative Strength Index (RSI)	34.90
Average Volume (20 Days)	689,342

Short Selling Information

The latest short interest is 2.11 million, so 1.75% of the outstanding shares have been sold short.

Short Interest	2.11M
Short Previous Month	2.11M
Short % of Shares Out	1.75%
Short % of Float	1.84%
Short Ratio (days to cover)	4.00

Income Statement

In the last 12 months, Hope Bancorp had revenue of $484.26 million and earned $101.77 million in profits. Earnings per share was $0.84.

Revenue	484.26M
Gross Profit	484.26M
Operating Income	176.80M
Pretax Income	144.05M
Net Income	101.77M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$0.84

Balance Sheet

The company has $727.39 million in cash and $295.01 million in debt, giving a net cash position of $432.38 million or $3.58 per share.

Cash & Cash Equivalents	727.39M
Total Debt	295.01M
Net Cash	432.38M
Net Cash Per Share	$3.58
Equity (Book Value)	2.17B
Book Value Per Share	17.97
Working Capital	-14.18B

Cash Flow

In the last 12 months, operating cash flow was $145.64 million and capital expenditures -$9.55 million, giving a free cash flow of $136.10 million.

Operating Cash Flow	145.64M
Capital Expenditures	-9.55M
Free Cash Flow	136.10M
FCF Per Share	$1.13

Margins

Gross Margin	n/a
Operating Margin	36.51%
Pretax Margin	28.11%
Profit Margin	21.02%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	28.10%

Dividends & Yields

This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 4.58%.

Dividend Per Share	$0.56
Dividend Yield	4.58%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	66.65%
Buyback Yield	-0.64%
Shareholder Yield	3.95%
Earnings Yield	6.90%
FCF Yield	9.22%

Analyst Forecast

The average price target for Hope Bancorp is $12.50, which is 2.29% higher than the current price. The consensus rating is "Buy".

Price Target	$12.50
Price Target Difference	2.29%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on June 16, 2004. It was a forward split with a ratio of 2:1.

Last Split Date	Jun 16, 2004
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4