Hope Bancorp (HOPE)
Market Price (3/14/2026): $10.8 | Market Cap: $1.4 BilSector: Financials | Industry: Regional Banks
Hope Bancorp (HOPE)
Market Price (3/14/2026): $10.8Market Cap: $1.4 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal 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 returns2Y Excs Rtn is -27%, 3Y Excs Rtn is -68% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.0% |
| Attractive cash flow generationCFO/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% | ||
| Low stock price volatilityVol 12M is 31% | ||
| 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% | ||
| Megatrend and thematic driversMegatrends include Regional Financial Services. Themes include Community Banking, and Small Business Lending. |
| Attractive yieldTotal 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% |
| Attractive cash flow generationCFO/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% |
| Low stock price volatilityVol 12M is 31% |
| 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% |
| Megatrend and thematic driversMegatrends include Regional Financial Services. Themes include Community Banking, and Small Business Lending. |
| Weak multi-year price returns2Y Excs Rtn is -27%, 3Y Excs Rtn is -68% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.0% |
Qualitative Assessment
AI Analysis | Feedback
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 $15.6 billion by the end of 2025 and a reduction in the cost of deposits from 4.51% in 2024 to 3.77% in 2025.
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Stock Movement Drivers
Fundamental Drivers
The 2.8% change in HOPE stock from 11/30/2025 to 3/13/2026 was primarily driven by a 20.0% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.50 | 10.80 | 2.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 470 | 499 | 6.1% |
| Net Income Margin (%) | 10.3% | 12.3% | 20.0% |
| P/E Multiple | 27.8 | 22.5 | -19.2% |
| Shares Outstanding (Mil) | 128 | 128 | 0.0% |
| Cumulative Contribution | 2.8% |
Market Drivers
11/30/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| HOPE | 2.8% | |
| 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) | 8312025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.86 | 10.80 | -0.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 445 | 499 | 12.1% |
| Net Income Margin (%) | 9.4% | 12.3% | 31.7% |
| P/E Multiple | 33.3 | 22.5 | -32.5% |
| Shares Outstanding (Mil) | 128 | 128 | -0.2% |
| Cumulative Contribution | -0.5% |
Market Drivers
8/31/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| 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) | 2282025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.36 | 10.80 | 4.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 474 | 499 | 5.2% |
| Net Income Margin (%) | 21.0% | 12.3% | -41.3% |
| P/E Multiple | 12.6 | 22.5 | 79.1% |
| Shares Outstanding (Mil) | 121 | 128 | -5.8% |
| Cumulative Contribution | 4.3% |
Market Drivers
2/28/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| HOPE | 4.3% | |
| 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) | 2282023 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.92 | 10.80 | -1.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 630 | 499 | -20.8% |
| Net Income Margin (%) | 34.7% | 12.3% | -64.4% |
| P/E Multiple | 6.0 | 22.5 | 276.1% |
| Shares Outstanding (Mil) | 119 | 128 | -6.8% |
| Cumulative Contribution | -1.1% |
Market Drivers
2/28/2023 to 3/13/2026| Return | Correlation | |
|---|---|---|
| HOPE | -1.1% | |
| Market (SPY) | 73.4% | 46.6% |
| Sector (XLF) | 43.1% | 64.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HOPE Return | 40% | -10% | -0% | 7% | -6% | -1% | 27% |
| Peers Return | 18% | -30% | 30% | 1% | 26% | 0% | 38% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| HOPE Win Rate | 67% | 50% | 50% | 50% | 42% | 33% | |
| Peers Win Rate | 33% | 47% | 58% | 44% | 75% | 43% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| HOPE Max Drawdown | 0% | -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
| Event | HOPE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -56.7% | -25.4% |
| % Gain to Breakeven | 131.2% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -51.1% | -33.9% |
| % Gain to Breakeven | 104.4% | 51.3% |
| Time to Breakeven | 339 days | 148 days |
| 2018 Correction | ||
| % Loss | -49.2% | -19.8% |
| % Gain to Breakeven | 96.8% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -90.1% | -56.8% |
| % Gain to Breakeven | 910.6% | 131.3% |
| Time to Breakeven | 2,831 days | 1,480 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.
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About Hope Bancorp (HOPE)
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:
- 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.
- 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.
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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
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02282026 | NDAQ | Nasdaq | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | JEF | Jefferies Financial | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PAYO | Payoneer Global | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02272026 | FOUR | Shift4 Payments | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02202026 | COIN | Coinbase Global | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.6% | 2.6% | -6.5% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 12.84 |
| Mkt Cap | 0.8 |
| Rev LTM | 269 |
| Op Inc LTM | - |
| FCF LTM | 19 |
| FCF 3Y Avg | 128 |
| CFO LTM | 20 |
| CFO 3Y Avg | 135 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 19.9% |
| Rev Chg 3Y Avg | 15.9% |
| Rev Chg Q | 24.4% |
| QoQ Delta Rev Chg LTM | 6.1% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 31.5% |
| CFO/Rev 3Y Avg | 26.4% |
| FCF/Rev LTM | 30.4% |
| FCF/Rev 3Y Avg | 22.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.8 |
| P/S | 3.3 |
| P/EBIT | - |
| P/E | 18.6 |
| P/CFO | 10.2 |
| Total Yield | 9.7% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | -0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -11.4% |
| 3M Rtn | -2.4% |
| 6M Rtn | 1.0% |
| 12M Rtn | 7.8% |
| 3Y Rtn | 15.8% |
| 1M Excs Rtn | -9.0% |
| 3M Excs Rtn | 0.4% |
| 6M Excs Rtn | -2.8% |
| 12M Excs Rtn | -14.7% |
| 3Y Excs Rtn | -68.4% |
Price Behavior
| Market Price | $10.80 | |
| Market Cap ($ Bil) | 1.4 | |
| First Trading Date | 01/29/1998 | |
| Distance from 52W High | -14.8% | |
| 50 Days | 200 Days | |
| DMA Price | $11.63 | $10.75 |
| DMA Trend | up | up |
| Distance from DMA | -7.2% | 0.5% |
| 3M | 1YR | |
| Volatility | 29.4% | 30.8% |
| Downside Capture | 89.76 | 100.67 |
| Upside Capture | 71.98 | 91.53 |
| Correlation (SPY) | 31.5% | 56.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.74 | 1.13 | 1.00 | 1.08 | 0.92 | 1.09 |
| Up Beta | -0.22 | 1.55 | 1.64 | 1.35 | 0.83 | 1.10 |
| Down Beta | 1.27 | 0.99 | 0.81 | 1.11 | 0.98 | 0.91 |
| Up Capture | 72% | 117% | 115% | 95% | 88% | 114% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 19 | 27 | 57 | 120 | 357 |
| Down Capture | 103% | 99% | 72% | 103% | 99% | 107% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 11 | 21 | 32 | 63 | 126 | 381 |
[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 | |
|---|---|---|---|---|
| HOPE | 9.7% | 30.8% | 0.32 | - |
| Sector ETF (XLF) | 3.6% | 19.3% | 0.06 | 65.1% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 56.2% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | -7.4% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 14.1% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 47.5% |
| Bitcoin (BTCUSD) | -15.0% | 44.2% | -0.24 | 25.6% |
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% | 0.38 | 65.3% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 46.9% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | -3.3% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 12.9% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 45.5% |
| Bitcoin (BTCUSD) | 6.4% | 56.7% | 0.33 | 15.9% |
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 | |
|---|---|---|---|---|
| HOPE | 1.0% | 34.9% | 0.12 | - |
| Sector ETF (XLF) | 12.5% | 22.2% | 0.52 | 73.4% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 54.1% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | -9.1% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 20.5% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 49.1% |
| Bitcoin (BTCUSD) | 67.5% | 66.8% | 1.07 | 12.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/27/2026 | 3.2% | 4.8% | 1.5% |
| 10/28/2025 | 1.0% | -1.1% | 1.4% |
| 7/22/2025 | -4.6% | -8.7% | -7.3% |
| 4/22/2025 | 1.8% | 4.3% | 10.9% |
| 1/27/2025 | 1.1% | -3.8% | -9.4% |
| 10/28/2024 | 0.5% | -0.9% | 13.5% |
| 7/29/2024 | -4.1% | -9.6% | -4.4% |
| 4/29/2024 | -9.4% | -1.1% | -4.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 7 | 11 |
| # Negative | 7 | 12 | 8 |
| Median Positive | 2.4% | 3.9% | 6.5% |
| Median Negative | -4.6% | -3.5% | -6.3% |
| Max Positive | 7.6% | 14.3% | 17.2% |
| Max Negative | -9.4% | -10.0% | -9.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/09/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kim, Jason K | SEVP, Chief Bus. Bnking Ofcr | Direct | Sell | 12122025 | 11.54 | 1,000 | 11,540 | 942,426 | Form |
| 2 | Kim, Jason K | SEVP, Chief Bus. Bnking Ofcr | Direct | Sell | 12122025 | 11.60 | 1,000 | 11,600 | 935,726 | Form |
| 3 | Kim, Jason K | SEVP, Chief Bus. Bnking Ofcr | Direct | Sell | 12122025 | 11.41 | 1,000 | 11,410 | 908,989 | Form |
| 4 | Malone, David P | Direct | Sell | 12122025 | 11.50 | 20,820 | 239,430 | 766,567 | Form | |
| 5 | Stenger, Thomas | SEVP, Chief Risk Officer | Direct | Sell | 12082025 | 11.00 | 1,867 | 20,537 | 223,542 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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