Hope Bancorp, Inc.
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
Yellow here stands for an open operating question, not a view on the stock price. A substance risk as our rating defines it is not evidenced as of June 30, 2026: capital ratios sit well above regulatory requirements, nonperforming assets are at 0.59 percent of total assets, and the bank is profitable. What is open is earning power: return on tangible common equity was 3.60 percent in 2025 and 7.48 percent in the second quarter of 2026, earnings did not cover the dividend in 2025, and getting back to an adequate return hinges on an acquisition that has only just closed. Whether a price of $13.68 (October 2, 2026), roughly at tangible book value, is attractive is not something this rating answers. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
Hope Bancorp is well capitalized and has its credit risks under control, but for three years it has earned too little on its capital: net income fell from $218.3M to $61.6M, and in 2025 the dividend exceeded earnings. Since 2026, margin and returns have been rising again; the purchase of the MANUBANK commercial banking unit is meant to deliver a return of about 12 percent in 2027, but shrinks the capital cushion in exchange. Not investment advice.
Capital
CET1 ratio of 12.27%, TCE ratio of 9.58% (06/30/2026) — well above regulatory minimums.
Credit quality
Nonperforming assets at 0.59% of total assets, criticized loans down 19% in a year to $334.3M, office loans only 4% of commercial real estate (06/30/2026).
Earning power
Net income down from $218.3M (2022) to $61.6M (2025), ROTCE from 13.97% to 3.60%; net interest margin 2.76% (2025), 2.96% (Q2 2026).
Dividend
Payout ratio of 115.27% in 2025 ($70.7M in dividends on $61.6M in net income); book value per share only from $17.44 to $17.97 since year-end 2021.
Funding
39.3% time deposits, 40% uninsured deposits, loans at 94.7% of deposits; 57.1% of loans in commercial real estate, including $1.18B in gas stations and car washes (06/30/2026).
Turnaround
Q2 2026 ROTCE of 7.48%; MANUBANK (closed 10/01/2026) is meant to deliver about 12% in 2027, but lowers the pro forma TCE ratio from 9.8% to 8.1%.
Worth Noting
Version of October 3, 2026, based on the 2024 and 2025 annual reports on Form 10-K, the quarterly reports on Form 10-Q through 06/30/2026 (latest periodic report, filed 08/06/2026), the earnings release of 07/27/2026, the MANUBANK deal documents (03/31, 09/02 and 10/01/2026) and all SEC filings through 10/01/2026. The occasion was the Reddit hype scanner in early October 2026; because “hope” is an everyday English word, the forum mention count says little here.
Hope Bancorp was called Nara Bancorp until 2011 and BBCN Bancorp until 2016. Market value, P/E (last four quarters: $1.01 per share from the 2025 10-K and the 2025/2026 first-half figures), book value multiples and dividend yield are computed in-house; pro forma figures for the MANUBANK deal come from the presentation of 03/31/2026 and are based on figures as of 12/31/2025.
The price anchor is the closing price of $13.68 on 10/02/2026 (source: fundamental data). The 2026 ROTCE figures are quarterly values annualized by the bank; the “rule of thumb” of about ten percent cost of capital is a common heuristic, not a figure from the filings.
Stock Watch
This analysis is as of October 3, 2026. Stock Watch will tell you what's changed at HOPE since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 9.80 $ to 14.50 $ · Last price: 13.30 $ (As of: November 2, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 11/03/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Banks - Regional
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Hope Bancorp, Inc. HOPE | 1.7 | 12.9 | 0.0 | 100.0 | 34.2 | -3.2 | 32.9 |
| Mizuho Financial Group Inc. MFG | 117.4 | 15.1 | 0.0 | 100.0 | 46.7 | 10.4 | 46.8 |
| HDFC Bank Limited HDB | 116.5 | 15.8 | 0.0 | 100.0 | 33.3 | 24.3 | -36.9 |
| ICICI Bank Limited IBN | 107.9 | 18.7 | 0.0 | 100.0 | 38.5 | 6.0 | -3.4 |
| U.S. Bancorp USB | 92.9 | 12.9 | 0.0 | 100.0 | 37.8 | 0.4 | 34.6 |
| PNC Financial Services Group Inc PNC | 92.2 | 13.5 | 0.0 | 100.0 | 36.7 | -7.0 | 31.1 |
| Itau Unibanco Banco Holding SA ITUB | 79.4 | 8.7 | 0.0 | 100.0 | 39.1 | 18.0 | 8.3 |
| Deutsche Bank AG DB | 64.1 | 9.0 | 0.0 | 100.0 | 33.4 | -8.3 | -0.3 |
| Truist Financial Corp TFC | 62.5 | 12.4 | 0.0 | 100.0 | 39.0 | 25.5 | 14.8 |
| Median of companies shown | 92.2 | 12.9 | 0.0 | 100.0 | 37.8 | 6.0 | 14.8 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 471 | 191 | 114 | 1.10 | 131 | 1,857 | 13,442 |
| 2017 | 638 | 264 | 139 | 1.03 | 204 | 1,928 | 14,207 |
| 2018 | 545 | 418 | 190 | 1.44 | 220 | 1,903 | 15,306 |
| 2019 | 511 | 226 | 171 | 1.35 | 184 | 2,036 | 15,667 |
| 2020 | 514 | 142 | 112 | 0.90 | 166 | 2,054 | 17,107 |
| 2021 | 552 | 275 | 205 | 1.66 | 324 | 2,093 | 17,889 |
| 2022 | 624 | 434 | 218 | 1.81 | 486 | 2,019 | 19,164 |
| 2023 | 1,094 | 178 | 134 | 1.11 | 474 | 2,121 | 19,132 |
| 2024 | 1,000 | 133 | 100 | 0.82 | 117 | 2,135 | 17,054 |
| 2025 | 968 | 81 | 59 | 0.45 | 165 | 2,283 | 18,532 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q3 | 0.21 | -16.00 | 247 | -13.10 | 9.80 | 63 | 60 |
| 2024: Q4 | 0.20 | -37.50 | 242 | -13.30 | 10.10 | 50 | 47 |
| 2025: Q1 | 0.19 | -17.40 | 233 | -13.10 | 9.10 | 27 | 24 |
| 2025: Q2 | 0.19 | -13.60 | 216 | -11.30 | -12.90 | 9 | 7 |
| 2025: Q3 | 0.25 | 19.00 | 260 | 5.40 | 11.90 | 52 | 47 |
| 2025: Q4 | 0.27 | 35.00 | 259 | 7.10 | 13.30 | 77 | 69 |
| 2026: Q1 | 0.23 | 21.10 | 247 | 5.90 | 12.00 | 14 | 12 |
| 2026: Q2 | 0.27 | 42.10 | 251 | 16.00 | 13.20 | 60 | 56 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 18 of our scanner strategies — each hit links to the scanner.
Growth
Quality & Balance Sheet
Breakout & Setup
Momentum & Trend
Research
Value & GARP
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1.13 | 1.10 – 1.17 | 621 | 27.0% | 5 |
| 12/31/2027 | 1.57 | 1.50 – 1.63 | 759 | 38.8% | 5 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly -3.0% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $183.9M |
|---|---|
| Market cap | $1.70B |
| Free cash flow in year ten | $136.0M |
| Terminal value as a share of market value | 42.2% |
For comparison: over the past five years free cash flow shrank by 1.2% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Geprüft am 03.10.2026 gegen die Geschäftsberichte (10-K) für 2025 (eingereicht 25.02.2026) und 2024 (26.02.2025) sowie die Quartalsberichte (10-Q) zum 30.06.2026, 31.03.2026, 30.09.2025 und 30.06.2025: Künstliche Intelligenz kommt nur in einem allgemeinen Risikohinweis der beiden Geschäftsberichte vor (Item 1A), der einen KI-Einsatz ausdrücklich als Möglichkeit für die Zukunft beschreibt („may develop or incorporate AI technology … in the future“) und allgemeine Rechts- und Modellrisiken aufzählt; in den vier Quartalsberichten fällt der Begriff nicht. Hope Bancorp ist eine Regionalbank (Bank of Hope, Los Angeles), deren Ertrag zu rund 90 Prozent aus dem Zinsüberschuss stammt; ein KI-Umsatz, ein belegter operativer KI-Einsatz oder eine konkrete, geschäftsspezifische KI-Bedrohung sind in den Filings nicht beschrieben. Die Risikofloskel ist nach dem Kriterienkatalog kein Beleg für „bedroht“; es bleibt beim dokumentierten Negativ-Befund „neutral“.
View the full file — quotes, sources, reviewed filings
„The Company may develop or incorporate AI technology in certain business processes, services, or products in the future."
Das Unternehmen könnte künftig KI-Technologie in bestimmten Geschäftsprozessen, Dienstleistungen oder Produkten entwickeln oder einsetzen.
10-K · 2026-02-25 · View SEC filing
„Further, the Company may rely on AI models developed by third parties, and, to that extent, would be dependent in part on the manner in which those third parties develop and train their models, including risks arising from the inclusion of any unauthorized material in the training data for their models and the effectiveness of the steps these third parties have taken to limit the risks associated with the output of their models, matters over which the Company may have limited visibility."
Außerdem könnte sich das Unternehmen auf KI-Modelle Dritter stützen und wäre insoweit teilweise davon abhängig, wie diese Dritten ihre Modelle entwickeln und trainieren — einschließlich der Risiken aus unzulässigem Material in den Trainingsdaten und der Wirksamkeit der Schritte, mit denen diese Dritten die Risiken der Modellausgaben begrenzen; Dinge, in die das Unternehmen womöglich nur begrenzt Einblick hat.
10-K · 2026-02-25 · View SEC filing
Filings Reviewed: 10-Q 2026-08-06 · 10-Q 2026-05-06 · 10-K 2026-02-25 · 10-Q 2025-11-06 · 10-Q 2025-08-08 · 10-K 2025-02-26
Rated on October 3, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 15.8%
- More than 10% revenue growth is expected for the coming year -35.8%
- Share count grows by less than 3% a year 2.2%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 12.4%
- Gross margin at 40% or higher and without meaningful erosion 48.6%
- Goodwill from acquisitions does not grow faster than revenue 2.8%
- Net debt below twice EBITDA 2,237 m net cash
- Operating cash flow covers the profits of the last three years 463 m
- Return on capital at 15% or higher, or up versus two years ago 0.6%
- Insiders hold at least 10% or are net buyers 4.8%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
5/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 8.3%
- Exp. sales growth 3Y > 5% -11.4%
- EBIT growth 10Y > 5% -9.1%
- Exp. EBIT growth 3Y > 5% 85.7%
- Net debt < 4x EBIT -27.7x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 81.4%
- Return on equity > 15% 3.4%
- ROCE > 15% 0.5%
- Expected return > 10% 102.3%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Stenger Thomas | SEVP, Chief Risk Officer | Sell | 1,650 | 13.80 | 22,770 |
| Aug 3, 2026 | Ha Daisy Y | Director | Sell | 26,995 | 14.25 | 384,544 |
The company
About the Company
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and syndicated and leveraged loans services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and automated clearing house origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.
- Employees
- 1,432
- Headquarters
- Los Angeles, CA
- Address
- 3200 Wilshire Boulevard, 90010 Los Angeles, United States
- Phone
- 213 639 1700
- Website
- bankofhope.com
- IPO Date
- 12/27/1996
- ISIN
- US43940T1097
- Stock Split
- 2:1 on 06/16/2004
- Stock Split
- 2:1 on 03/18/2003
- Stock Split
- 27:25 on 04/12/2000
Management
| Name | Title | Birth Year |
|---|---|---|
| Kevin Sung Kim J.D. | Chairman, President & CEO | 1958 |
| Julianna Balicka | Executive VP & CFO | 1979 |
| Peter J. Koh | Senior EVP & COO | 1977 |
| Jason K. Kim | Senior EVP & Chief Business Banking Officer | 1967 |
| Thomas P. Stenger | Senior EVP & Chief Risk Officer | 1960 |
| Daniel H. Kim | Executive VP and Chief Strategy & Administrative Officer | 1968 |
| Angie Yang | Senior VP and Director of IR & Corporate Communications | – |
| Angelee J. Harris | Executive VP, General Counsel & Corporate Secretary | 1970 |
| Kyu S. Kim | Senior Executive VP & Chief Commercial Banking Officer | 1961 |
| Andy Chan | Executive VP & Chief Internal Audit Executive | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 10/28/2026 HOPE BANCORP INC (HOPE): Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits SEC ↗
- 10/01/2026 HOPE BANCORP INC (HOPE): Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
- 09/02/2026 HOPE BANCORP INC (HOPE): Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
- 08/25/2026 HOPE BANCORP INC (HOPE): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits SEC ↗
- 07/27/2026 HOPE BANCORP INC (HOPE): Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits SEC ↗
Data as of: November 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.