Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.6%, Dividend Yield is 5.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.6%, FCF Yield is 11%
Weak multi-year price returns
2Y Excs Rtn is -27%, 3Y Excs Rtn is -68%
Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.0%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30%
  
2 Low stock price volatility
Vol 12M is 31%
  
3 Capital ratio is >2x the minimum of 6%
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 12%
  
4 Megatrend and thematic drivers
Megatrends include Regional Financial Services. Themes include Community Banking, and Small Business Lending.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.6%, Dividend Yield is 5.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.6%, FCF Yield is 11%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30%
2 Low stock price volatility
Vol 12M is 31%
3 Capital ratio is >2x the minimum of 6%
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 12%
4 Megatrend and thematic drivers
Megatrends include Regional Financial Services. Themes include Community Banking, and Small Business Lending.
5 Weak multi-year price returns
2Y Excs Rtn is -27%, 3Y Excs Rtn is -68%
6 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.0%

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Hope Bancorp (HOPE) stock has gained about 5% since 11/30/2025 because of the following key factors:

1. Hope Bancorp reported stronger-than-expected financial results for the fourth quarter ended December 31, 2025, with diluted earnings per share of $0.27, surpassing analyst consensus estimates of $0.26. Quarterly revenue also grew by 23.6% year-over-year to $145.76 million, exceeding estimates of $142.90 million, and net income increased 42% quarter-over-quarter to $34.5 million.

2. The company demonstrated significant improvement in its net interest income (NII) and deposit base. Net interest income for Q4 2025 rose to $127.41 million, compared to $102.14 million a year prior. This was supported by a rebound in the deposit base to $15.6 billion by the end of 2025 and a reduction in the cost of deposits from 4.51% in 2024 to 3.77% in 2025.

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Stock Movement Drivers

Fundamental Drivers

The 2.8% change in HOPE stock from 11/30/2025 to 3/13/2026 was primarily driven by a 20.0% change in the company's Net Income Margin (%).
(LTM values as of)113020253132026Change
Stock Price ($)10.5010.802.8%
Change Contribution By: 
Total Revenues ($ Mil)4704996.1%
Net Income Margin (%)10.3%12.3%20.0%
P/E Multiple27.822.5-19.2%
Shares Outstanding (Mil)1281280.0%
Cumulative Contribution2.8%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/13/2026
ReturnCorrelation
HOPE2.8% 
Market (SPY)-3.1%33.1%
Sector (XLF)-8.3%57.8%

Fundamental Drivers

The -0.5% change in HOPE stock from 8/31/2025 to 3/13/2026 was primarily driven by a -32.5% change in the company's P/E Multiple.
(LTM values as of)83120253132026Change
Stock Price ($)10.8610.80-0.5%
Change Contribution By: 
Total Revenues ($ Mil)44549912.1%
Net Income Margin (%)9.4%12.3%31.7%
P/E Multiple33.322.5-32.5%
Shares Outstanding (Mil)128128-0.2%
Cumulative Contribution-0.5%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/13/2026
ReturnCorrelation
HOPE-0.5% 
Market (SPY)3.0%39.5%
Sector (XLF)-9.1%60.2%

Fundamental Drivers

The 4.3% change in HOPE stock from 2/28/2025 to 3/13/2026 was primarily driven by a 79.1% change in the company's P/E Multiple.
(LTM values as of)22820253132026Change
Stock Price ($)10.3610.804.3%
Change Contribution By: 
Total Revenues ($ Mil)4744995.2%
Net Income Margin (%)21.0%12.3%-41.3%
P/E Multiple12.622.579.1%
Shares Outstanding (Mil)121128-5.8%
Cumulative Contribution4.3%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/13/2026
ReturnCorrelation
HOPE4.3% 
Market (SPY)12.4%56.6%
Sector (XLF)-5.3%65.3%

Fundamental Drivers

The -1.1% change in HOPE stock from 2/28/2023 to 3/13/2026 was primarily driven by a -64.4% change in the company's Net Income Margin (%).
(LTM values as of)22820233132026Change
Stock Price ($)10.9210.80-1.1%
Change Contribution By: 
Total Revenues ($ Mil)630499-20.8%
Net Income Margin (%)34.7%12.3%-64.4%
P/E Multiple6.022.5276.1%
Shares Outstanding (Mil)119128-6.8%
Cumulative Contribution-1.1%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/13/2026
ReturnCorrelation
HOPE-1.1% 
Market (SPY)73.4%46.6%
Sector (XLF)43.1%64.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
HOPE Return40%-10%-0%7%-6%-1%27%
Peers Return18%-30%30%1%26%0%38%
S&P 500 Return27%-19%24%23%16%-1%80%

Monthly Win Rates [3]
HOPE Win Rate67%50%50%50%42%33% 
Peers Win Rate33%47%58%44%75%43% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
HOPE Max Drawdown0%-12%-39%-17%-25%-1% 
Peers Max Drawdown-8%-38%-27%-17%-9%-5% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-2% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, AGBK, HYNE, NU.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)

How Low Can It Go

Unique KeyEventHOPES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-56.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven131.2%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-51.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven104.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven339 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-49.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven96.8%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-90.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven910.6%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,831 days1,480 days

Compare to NEWT, ATLO, AGBK, HYNE, NU

In The Past

Hope Bancorp's stock fell -56.7% during the 2022 Inflation Shock from a high on 1/25/2022. A -56.7% loss requires a 131.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

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About Hope Bancorp (HOPE)

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.

AI Analysis | Feedback

Here are 1-3 analogies for Hope Bancorp (HOPE):

  • A regional Bank of America, focused on serving individuals and small to medium-sized businesses.
  • Similar to a smaller US Bank, offering comprehensive banking services for individuals and commercial clients across multiple states.

AI Analysis | Feedback

  • Deposit Accounts: The company offers various personal and business checking, money market, savings, time deposit, and individual retirement accounts.
  • Commercial Loans: Hope Bancorp provides loans to businesses for purposes such as working capital, inventory purchase, debt refinancing, and acquisitions.
  • Real Estate Loans: The bank offers financing secured by real estate for various needs.
  • SBA Loans: Hope Bancorp provides Small Business Administration (SBA) guaranteed loans to support small businesses.
  • Consumer Loans: This category includes single-family mortgage, home equity, auto, credit card, and personal loans for individuals.
  • Trade Finance Services: The company offers services like issuing and negotiating letters of credit and handling documentary collections to facilitate trade.
  • Warehouse Lines of Credit: Hope Bancorp extends lines of credit specifically to mortgage loan originators.
  • Commercial Equipment Lease Financing: Businesses can access financing for commercial equipment through lease arrangements.
  • Cash Management Services: The bank provides services such as remote deposit capture, lock box, and ACH origination to help businesses manage their cash flow.
  • Investment and Wealth Management Services: Clients can access services for investment and wealth management.
  • Foreign Exchange Services: The bank facilitates foreign currency exchange transactions.
  • Safe Deposit Boxes: Customers can rent safe deposit boxes for secure storage of valuables.

AI Analysis | Feedback

Hope Bancorp (symbol: HOPE) primarily serves both individuals and other companies (businesses). Its major customer categories are:

  1. Small and Medium-Sized Businesses (SMBs): These customers utilize the company's commercial loans (for working capital, inventory, debt refinancing, business acquisitions, etc.), real estate loans, Small Business Administration (SBA) loans, trade finance services, warehouse lines of credit, commercial equipment lease financing, business checking/savings accounts, and cash management services.
  2. Individuals: This category of customers uses a range of personal banking services, including personal checking, money market, savings, time deposit, and individual retirement accounts. They also access consumer loan products such as single-family mortgages, home equity loans, auto loans, credit cards, and personal loans, as well as investment and wealth management services.

AI Analysis | Feedback

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AI Analysis | Feedback

The clear emerging threats for Hope Bancorp are:

  • The rise of digital-only challenger banks (neobanks) and specialized fintech lenders. These companies leverage technology to offer a superior user experience, often lower fees, and faster processing for various banking products, including deposits, small business loans, and consumer loans. This model directly challenges the traditional, branch-centric banking model by attracting customers through digitally native solutions and competitive pricing.
  • The increasing prevalence of embedded finance, where non-financial companies (such as e-commerce platforms, accounting software providers, or major tech companies) integrate financial services directly into their core offerings. This trend disintermediates traditional banks by allowing customers, particularly small and medium-sized businesses, to access loans, payment processing, and other financial tools directly from the platforms they already use for their primary business operations.

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Trade Ideas

Select ideas related to HOPE.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NDAQ_2282026_Insider_Buying_45D_2Buy_200K02282026NDAQNasdaqInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
JEF_2272026_Dip_Buyer_ValueBuy02272026JEFJefferies FinancialDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
PAYO_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE02272026PAYOPayoneer GlobalDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.0%0.0%0.0%
FOUR_2272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02272026FOURShift4 PaymentsDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.0%0.0%0.0%
COIN_2202026_Dip_Buyer_High_CFO_Margins_ExInd_DE02202026COINCoinbase GlobalDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
2.6%2.6%-6.5%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

HOPENEWTATLOAGBKHYNENUMedian
NameHope Ban.NewtekOneAmes Nat.AGI Hoyne Ba.Nu  
Mkt Price10.8011.7926.659.3914.1113.8912.84
Mkt Cap1.40.30.2--67.20.8
Rev LTM49926963-149,600269
Op Inc LTM-------
FCF LTM151-52019--23,66619
FCF 3Y Avg240-22916--1,968128
CFO LTM165-51920--14,04020
CFO 3Y Avg252-22818--2,188135

Growth & Margins

HOPENEWTATLOAGBKHYNENUMedian
NameHope Ban.NewtekOneAmes Nat.AGI Hoyne Ba.Nu  
Rev Chg LTM5.2%21.8%18.0%--22.3%19.9%
Rev Chg 3Y Avg-7.0%31.6%0.3%--62.1%15.9%
Rev Chg Q24.4%20.7%22.9%-37.1%30.2%24.4%
QoQ Delta Rev Chg LTM6.1%4.7%5.2%-7.8%7.1%6.1%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM33.0%-193.4%31.5%--10.8%42.1%31.5%
CFO/Rev 3Y Avg46.8%-91.8%31.1%--21.7%26.4%
FCF/Rev LTM30.4%-193.4%30.8%--15.9%38.2%30.4%
FCF/Rev 3Y Avg44.5%-91.9%27.1%--18.7%22.9%

Valuation

HOPENEWTATLOAGBKHYNENUMedian
NameHope Ban.NewtekOneAmes Nat.AGI Hoyne Ba.Nu  
Mkt Cap1.40.30.2--67.20.8
P/S2.81.13.8--7.03.3
P/EBIT-------
P/E22.55.114.8--26.618.6
P/CFO8.4-0.612.0--16.610.2
Total Yield9.6%19.6%9.8%--3.8%9.7%
Dividend Yield5.1%0.0%3.0%--0.0%1.5%
FCF Yield 3Y Avg16.6%-76.6%8.6%--2.8%5.7%
D/E0.32.50.1--0.00.2
Net D/E-0.11.8-1.2---0.4-0.2

Returns

HOPENEWTATLOAGBKHYNENUMedian
NameHope Ban.NewtekOneAmes Nat.AGI Hoyne Ba.Nu  
1M Rtn-11.1%-11.7%-1.9%-12.7%-1.6%-20.2%-11.4%
3M Rtn-5.2%0.4%12.6%-12.7%3.2%-17.8%-2.4%
6M Rtn1.2%5.6%32.3%-12.7%0.8%-11.5%1.0%
12M Rtn11.0%4.6%54.0%-12.7%0.8%29.2%7.8%
3Y Rtn20.2%11.5%45.8%-12.7%0.8%210.0%15.8%
1M Excs Rtn-8.7%-9.3%0.5%-10.3%0.8%-17.8%-9.0%
3M Excs Rtn-3.7%5.2%16.2%-11.0%4.5%-15.2%0.4%
6M Excs Rtn-3.6%1.2%28.2%-15.5%-2.1%-13.9%-2.8%
12M Excs Rtn-11.3%-18.2%32.9%-33.7%-20.2%6.5%-14.7%
3Y Excs Rtn-67.8%-72.5%-40.4%-82.4%-68.9%108.6%-68.4%

Comparison Analyses

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FDIC Bank Data

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Banking Operations 571630552514
Total 571630552514


Assets by Segment
$ Mil20252024202320222021
Banking Operations17,054    
Total17,054    


Price Behavior

Price Behavior
Market Price$10.80 
Market Cap ($ Bil)1.4 
First Trading Date01/29/1998 
Distance from 52W High-14.8% 
   50 Days200 Days
DMA Price$11.63$10.75
DMA Trendupup
Distance from DMA-7.2%0.5%
 3M1YR
Volatility29.4%30.8%
Downside Capture89.76100.67
Upside Capture71.9891.53
Correlation (SPY)31.5%56.3%
HOPE Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.741.131.001.080.921.09
Up Beta-0.221.551.641.350.831.10
Down Beta1.270.990.811.110.980.91
Up Capture72%117%115%95%88%114%
Bmk +ve Days9203170142431
Stock +ve Days10192757120357
Down Capture103%99%72%103%99%107%
Bmk -ve Days12213054109320
Stock -ve Days11213263126381

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with HOPE
HOPE9.7%30.8%0.32-
Sector ETF (XLF)3.6%19.3%0.0665.1%
Equity (SPY)19.6%18.9%0.8156.2%
Gold (GLD)71.9%26.3%2.05-7.4%
Commodities (DBC)19.3%17.3%0.8914.1%
Real Estate (VNQ)6.2%16.3%0.1947.5%
Bitcoin (BTCUSD)-15.0%44.2%-0.2425.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with HOPE
HOPE-2.2%33.1%-0.01-
Sector ETF (XLF)9.3%18.7%0.3865.3%
Equity (SPY)13.1%17.0%0.6146.9%
Gold (GLD)24.1%17.3%1.14-3.3%
Commodities (DBC)11.2%19.0%0.4712.9%
Real Estate (VNQ)4.8%18.8%0.1645.5%
Bitcoin (BTCUSD)6.4%56.7%0.3315.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with HOPE
HOPE1.0%34.9%0.12-
Sector ETF (XLF)12.5%22.2%0.5273.4%
Equity (SPY)14.5%17.9%0.7054.1%
Gold (GLD)14.4%15.6%0.77-9.1%
Commodities (DBC)8.6%17.6%0.4020.5%
Real Estate (VNQ)5.6%20.7%0.2349.1%
Bitcoin (BTCUSD)67.5%66.8%1.0712.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date2272026
Short Interest: Shares Quantity3.0 Mil
Short Interest: % Change Since 21520269.1%
Average Daily Volume0.8 Mil
Days-to-Cover Short Interest4.0 days
Basic Shares Quantity128.2 Mil
Short % of Basic Shares2.4%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
1/27/20263.2%4.8%1.5%
10/28/20251.0%-1.1%1.4%
7/22/2025-4.6%-8.7%-7.3%
4/22/20251.8%4.3%10.9%
1/27/20251.1%-3.8%-9.4%
10/28/20240.5%-0.9%13.5%
7/29/2024-4.1%-9.6%-4.4%
4/29/2024-9.4%-1.1%-4.4%
...
SUMMARY STATS   
# Positive12711
# Negative7128
Median Positive2.4%3.9%6.5%
Median Negative-4.6%-3.5%-6.3%
Max Positive7.6%14.3%17.2%
Max Negative-9.4%-10.0%-9.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/25/202610-K
09/30/202511/06/202510-Q
06/30/202508/08/202510-Q
03/31/202505/08/202510-Q
12/31/202402/26/202510-K
09/30/202411/08/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202302/28/202410-K
09/30/202311/08/202310-Q
06/30/202308/08/202310-Q
03/31/202305/08/202310-Q
12/31/202202/28/202310-K
09/30/202211/04/202210-Q
06/30/202208/04/202210-Q
03/31/202205/09/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Kim, Jason KSEVP, Chief Bus. Bnking OfcrDirectSell1212202511.541,00011,540942,426Form
2Kim, Jason KSEVP, Chief Bus. Bnking OfcrDirectSell1212202511.601,00011,600935,726Form
3Kim, Jason KSEVP, Chief Bus. Bnking OfcrDirectSell1212202511.411,00011,410908,989Form
4Malone, David P DirectSell1212202511.5020,820239,430766,567Form
5Stenger, ThomasSEVP, Chief Risk OfficerDirectSell1208202511.001,86720,537223,542Form