HOPE BANCORP INC (HOPE)

11.45 0.66 (6.12%)

As of 2025-10-28 16:35:43 EST

Bank of Hope is an American bank, based in Los Angeles, that focuses on the Korean American community. The bank was first established on December 30, 1980, under the name Wilshire Bank. On November 30, 2011, Nara Bank, which was established in 1989, merged with Center Financial Corporation, which was established in 1986. Nara Bancorp, Inc., changed its name to BBCN Bancorp, Inc. Center Bank changed its name to BBCN Bank. BBCN was an acronym for Business Bank of Center and Nara.

Traded asNasdaq: HOPE
ISINUS43940T1097
CIK0001128361
LEI549300UTF4QGMBHIZ219
EIN954849715
SectorBanking
IndustryNational Commercial Banks
CEO—
Employees1,545
Fiscal Year End1231
Address3200 WILSHIRE BLVD, LOS ANGELES, CA, 90010
Phone2136391700
Websitehttps://www.bankofhope.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
HOPEHOPE BANCORP INC2025-10-28 16:35:4311.450.666.12
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
HOPE0001128361HOPE BANCORP INCUS43940T1097549300UTF4QGMBHIZ219954849715Nasdaq6021National Commercial Banks1231DE3200 WILSHIRE BLVDLOS ANGELESCA90010UNITED STATESUS21363917003200 WILSHIRE BLVD, LOS ANGELES, CA, 900103200 WILSHIRE BLVD, LOS ANGELES, CA, 90010BBCN BANCORP INCBanking2000-06-05—1,545https://www.bankofhope.com/1,234,224,507145,507,293128,179,759Bank of Hope is an American bank, based in Los Angeles, that focuses on the Korean American community. The bank was first established on December 30, 1980, under the name Wilshire Bank. On November 30, 2011, Nara Bank, which was established in 1989, merged with Center Financial Corporation, which was established in 1986. Nara Bancorp, Inc., changed its name to BBCN Bancorp, Inc. Center Bank changed its name to BBCN Bank. BBCN was an acronym for Business Bank of Center and Nara.2025-10-23 14:12:09
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HOPE Stock Price (End-of-Day)
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HOPE Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20241,234,224,507272,086,73528.2794120,767,793639,9080.5327
2023962,137,772-612,447,111-38.8958120,127,885629,7780.527
20221,574,584,883-102,967,312-6.1379119,498,107-616,077-0.5129
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Peter J. KohChief Operating Officer2024476,53929,588285,82370,47231,050893,472
Thomas P. StengerChief Risk Officer2024494,71418,150218,74371,910139,408942,925
Kevin S. KimChief Executive Officer, Chairman, President20241,086,538189,7001,604,158351,56076,1133,314,768
Julianna BalickaChief Financial Officer2024464,61539,975228,46560,0850793,140
Thomas P. StengerChief Risk Officer2023475,991105,050213,3130155,513949,867
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Employee Count
Fiscal YearEmployee Count
20241,244
20231,244
20221,549
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Income Statements
Fiscal Year202420232022
Revenue———
Cost Of Revenue———
Gross Profit———
Research And Development Expenses———
General And Administrative Expenses———
Operating Expenses———
Operating Income———
Net Income99,630,000133,673,000218,277,000
Earnings Per Share Basic0.831.111.82
Earnings Per Share Diluted0.821.111.81
Weighted Average Shares Outstanding Basic120,583,147119,906,109119,824,970
Weighted Average Shares Outstanding Diluted121,108,594120,393,257120,472,345
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents222,658,000172,813,000213,774,000
Marketable Securities Current000
Accounts Receivable———
Inventories———
Non Trade Receivables———
Other Assets Current———
Total Assets Current———
Marketable Securities Non Current23,785,00025,586,0007,742,000
Property Plant And Equipment51,759,00050,611,00046,859,000
Other Assets Non Current———
Total Assets Non Current———
Total Assets17,054,008,00019,131,522,00019,164,491,000
Accounts Payable———
Deferred Revenue———
Short Term Debt239,000,0001,795,726,000—
Other Liabilities Current———
Total Liabilities Current———
Long Term Debt—444,000217,148,000
Other Liabilities Non Current———
Total Liabilities Non Current———
Total Liabilities14,919,503,00017,010,279,00017,145,163,000
Common Stock138,000138,000137,000
Retained Earnings1,181,533,0001,150,547,0001,083,712,000
Accumulated Other Comprehensive Income-227,872,000-204,738,000-230,857,000
Total Shareholders Equity2,134,505,0002,121,243,0002,019,328,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization8,700,0008,400,0007,900,000
Share Based Compensation Expense8,917,00012,342,00012,263,000
Other Non Cash Income Expense———
Change In Accounts Receivable———
Change In Inventories———
Change In Non Trade Receivables-10,551,0009,186,00017,248,000
Change In Other Assets5,115,000-105,955,0003,519,000
Change In Accounts Payable139,000-353,000368,000
Change In Other Liabilities-1,094,000-21,892,00057,578,000
Cash From Operating Activities116,722,000473,777,000485,535,000
Purchases Of Marketable Securities274,956,000460,116,000212,496,000
Sales Of Marketable Securities276,252,000317,418,0000
Acquisition Of Property Plant And Equipment9,814,00013,123,0009,111,000
Acquisition Of Business———
Other Investing Activities———
Cash From Investing Activities466,518,0001,289,883,000-1,473,626,000
Tax Withholding For Share Based Compensation3,507,0003,382,0003,488,000
Payments Of Dividends67,511,00067,125,00067,126,000
Issuance Of Common Stock01,000531,000
Repurchase Of Common Stock0014,667,000
Issuance Of Long Term Debt———
Repayment Of Long Term Debt———
Other Financing Activities01,000531,000
Cash From Financing Activities-2,054,008,000-341,469,0001,178,601,000
Change In Cash-1,470,768,0001,422,191,000190,510,000
Cash At End Of Period222,658,000172,813,000213,774,000
Income Taxes Paid29,223,00040,987,00096,398,000
Interest Paid599,204,000379,910,000113,148,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share0.831.111.82
Price To Earnings Ratio14.807210.88297.0385
Earnings Growth Rate-25.2252-39.0118.982
Price Earnings To Growth Ratio-0.587-0.2790.7836
Book Value Per Share17.701517.690916.8523
Price To Book Ratio0.69430.68280.7601
Ebitda565,404,000706,077,000460,269,000
Enterprise Value—3,071,822,796.721,538,331,865.7
Dividend Yield0.04560.04630.0437
Dividend Payout Ratio0.67760.50220.3075
Debt To Equity Ratio—0.84680.1075
Capital Expenditures9,848,00012,152,0009,092,000
Free Cash Flow106,874,000461,625,000476,443,000
Return On Equity0.04670.0630.1081
One Year Beta1.02331.55340.6775
Three Year Beta0.8960.90881.0311
Five Year Beta1.06921.07171.0018
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Harris AngeleeEVP, General Counsel2025-10-15537D23,704
Stenger ThomasSEVP, Chief Risk Officer2025-09-151,602D24,289
Harris AngeleeEVP, General Counsel2025-09-103,500D24,241
Stenger ThomasSEVP, Chief Risk Officer2025-08-062,000D25,891
Kim Kevin SungDirector, Chairman, Pres & CEO2025-07-2111,005D981,501
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Jefferson Shreve2025-03-09IN06Sale2025-02-24—$15,001 - $50,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
QRG CAPITAL MANAGEMENT, INC.2025-09-30177,60416,49110.7698
EVERGREEN CAPITAL MANAGEMENT LLC2025-09-30286,50526,60210.7701
Versant Capital Management, Inc2025-09-3042,7353,96810.7699
NEW YORK STATE TEACHERS RETIREMENT SYSTEM2025-09-302,234,000207,39910.7715
Cedar Mountain Advisors, LLC2025-09-301,54014310.7692
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Series Total Market Index FundFCFMX176,8661,968,518.580.0023
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Total Market Index FundFSKAX232,4082,586,701.040.0022
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Nasdaq Composite Index FundFNCMX61,841688,290.330.0033
FIDELITY COMMONWEALTH TRUST2025-08-31Fidelity Nasdaq Composite Index ETFONEQ52,640585,883.20.0069
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Extended Market Index FundFSMAX691,0507,691,386.50.0187
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