At a glance
Hope Bancorp Inc is worth $1.77B, about 28 times its fiscal 2025 earnings. Revenue grew 5.0% to $498.7M in fiscal 2025, with 12.3% kept as profit; over 5 years it has grown 0.9% a year. It pays a 4.03% dividend yield, and returned $405.9M to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +34.6% over the past year with dividends reinvested and +3.7% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 48.5% in the 2020 crash (S&P 500: 33.7%) and 25.5% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 11 months and 46 months after the lows.
The business in plain English
Hope Bancorp is the Los Angeles-based holding company for Bank of Hope, a California state-chartered bank. It began as a bank focused on Korean-American customers. It has since grown into one of the largest independent commercial banks headquartered in California, serving customers from many ethnic backgrounds. Its branches and loan offices run from California, New York and Texas to Hawaii, Illinois and Georgia. It also has a representative office in Seoul, South Korea.
Like most banks, it earns interest on loans and securities, paid for mainly with customer deposits, and pays savers less than it collects. That gap is called net interest income. It was $472 million of the bank's roughly $499 million in revenue for the year ended December 31, 2025. The other $26.5 million was noninterest income. That covers fees for services such as treasury management, foreign exchange and trade finance, plus gains on sales of the government-guaranteed part of Small Business Administration (SBA) loans.
As of June 30, 2026, the bank held $14.8 billion of loans and $15.9 billion of deposits. About 58% of loans were secured by commercial real estate as of December 31, 2025. These range from retail centers and hotels to gas stations, warehouses, apartments and offices. It also makes business loans, holds SBA Preferred Lender status nationwide and writes home mortgages. In April 2025 it acquired Honolulu-based Territorial Bancorp, which now operates as Territorial Savings.
Price history
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HOPE +34.6% over the year to Oct 28, 2026, total return with dividends reinvested.
Latest results
- In Q2 FY2026 (ended Jun 30, 2026), revenue was $147.8M, up 56.4% from a year earlier, and net income was $33.0M.
- For fiscal 2025, revenue was $498.7M (+5.0% year over year; -0.9% a year from FY2020 to FY2025) with a 12.3% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | -0.9% weak |
|---|---|
| Return on equity | 2.7% weak |
| Net income / revenue | 12.3% weak |
| Deposits | $15.88B |
| Loans | $14.79B |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $520.9M | $111.5M | — |
| FY2021 | $556.4M | $204.6M | — |
| FY2022 | $629.8M | $218.3M | — |
| FY2023 | $571.4M | $133.7M | — |
| FY2024 | $474.9M | $99.6M | — |
| FY2025 | $498.7M | $61.6M | — |
Valuation snapshot
| Market value | $1.77B |
|---|---|
| P/E ratio | 28.3 |
| Dividend yield | 4.03% |
Rank among 1514 US companies
Market value at each year end
Hope Bancorp’s market value went from $2.96B at the end of 2016 to $1.77B on Oct 28, 2026, down 40%; since the end of 2025 it is up 26%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $1.77B | +26.2% |
| 2025 | $1.40B | -5.3% |
| 2024 | $1.48B | +2.3% |
| 2023 | $1.45B | -5.2% |
| 2022 | $1.53B | -13.4% |
| 2021 | $1.77B | +31.5% |
| 2020 | $1.34B | -28.6% |
| 2019 | $1.88B | +23.3% |
| 2018 | $1.53B | -38.2% |
| 2017 | $2.47B | -16.5% |
| 2016 | $2.96B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| HOPE price data to Oct 28, 2026 | +30.8% | +34.6% | +23.5% | +3.7% | +2.8% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +30.8% |
| 2025 | -6.0% |
| 2024 | +6.8% |
| 2023 | -0.1% |
| 2022 | -9.5% |
| 2021 | +40.4% |
| 2020 | -22.1% |
| 2019 | +30.4% |
| 2018 | -32.9% |
| 2017 | -14.4% |
| 2016 | +30.9% |
| 2015 | +23.1% |
| 2014 | -11.2% |
| 2013 | +46.1% |
| 2012 | +22.9% |
| 2011 | -4.1% |
| 2010 | -13.1% |
| 2009 | +15.4% |
| 2008 | -15.0% |
| 2007 | -43.8% |
| 2006 | +18.4% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 87.4% over that stretch · deepest drop along the way 87.4%, back to its old high 56.5 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 48.1% over that stretch · deepest drop along the way 48.5%, back to its old high 11.1 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 10.3% over that stretch · deepest drop along the way 25.5%, back to its old high 45.9 months after the low |
Insider activity
Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 0 open-market purchases and 4 sales ($577K).
| Date | Insider | Type | Value |
|---|---|---|---|
| Aug 3, 2026 | Daisy Y Ha Director | sell | $385K |
| May 6, 2026 | Daisy Y Ha Director | sell | $150K |
| Sep 1, 2026 | Thomas Stenger SEVP, Chief Risk Officer | sell | $23K |
| Jun 8, 2026 | Thomas Stenger SEVP, Chief Risk Officer | sell | $19K |
Who owns it
Large shareholders (13G filings)
| Wellington Management Group LLP | 8.6% | Jun 30, 2025 |
| Vanguard Portfolio Management | 5.97% | Mar 31, 2026 |
| Vanguard Capital Management | 5.06% | Mar 31, 2026 |
| Fuller & Thaler Asset Management, Inc. | 4.74% | Dec 31, 2025 |
ETFs with the most weight in HOPE
| DGRS WisdomTree US Smallcap Quality Dividend Growth Fund | 0.87% |
| RZV Invesco S&P SmallCap 600® Pure Value ETF | 0.48% |
| SVAL iShares US Small Cap Value Factor ETF | 0.45% |
| PSCF Invesco S&P SmallCap Financials ETF | 0.38% |
| BSVO EA Bridgeway Omni Small-Cap Value ETF | 0.34% |
| HEJD VictoryShares Hedged Equity Income ETF | 0.31% |
| KRE SPDR S&P Regional Banking ETF | 0.26% |
| FYT First Trust Small Cap Value AlphaDEX Fund | 0.26% |
What could go wrong
- Heavy reliance on commercial real estate loans. About 58% of loans were secured by commercial real estate as of December 31, 2025. A property downturn could raise losses. Regulators may also require banks with this much exposure to hold extra capital.
- Exposure to South Korea and trade policy. The bank grew from Korean-American roots, has a Seoul office and offers trade financing. Trouble in South Korea's economy, or new tariffs and retaliatory tariffs, could hurt customers and loan demand.
- SBA lending depends on the federal government. The company calls Small Business Administration lending an important part of its business. The program relies on the federal government, so policy changes could cut loan volume and gains on sales of guaranteed portions.
- Integrating acquisitions and new markets. The April 2025 purchase of Honolulu-based Territorial Bancorp added a Hawaii franchise. Acquisitions and growth beyond its traditional markets can bring integration problems, unexpected costs and less familiar local economies.
- Dividend exceeded earnings. In fiscal 2025, dividends were 114.8% of earnings: $0.56 per share paid against diluted earnings of $0.49 per share. The company warns it may reduce or stop its common dividend.
- Interest rate changes can squeeze profits. Nearly all revenue comes from the gap between what it earns on loans and pays on deposits: $472 million of $499 million in fiscal 2025. Rate moves beyond its control can narrow that gap.
Recent events
- Quarterly results released; Investor presentation or announcement; Other company announcement
- Investor presentation or announcement
- Investor presentation or announcement
- Executive or board change
- Quarterly results released; Investor presentation or announcement; Other company announcement
- Shareholder vote results
- Quarterly results released; Investor presentation or announcement; Other company announcement
- Executive or board change
- Investor presentation or announcement
- Executive or board change
For income and retirement investors
Hope Bancorp paid a regular dividend of $0.56 per share every year from fiscal 2020 through fiscal 2025, with no increases. The yield was 4.03% as of October 28, 2026. In fiscal 2025, though, dividends equaled 114.8% of earnings, so the company paid out more than it earned. It warns the dividend could be reduced or stopped. Over fiscal 2021–2025 it paid $341 million in dividends and spent $65 million on share repurchases. It made no repurchases in fiscal 2023 or 2024, and the share count rose 3.9% from August 2021 to July 2026.
The share price fell hard in past downturns. It dropped 87.4% in the 2008 financial crisis and did not recover until November 2013. It fell 48.5% in the 2020 COVID crash and recovered by February 2021. It lost 25.5% in the 2022 bear market and did not recover until July 2026. A single bank stock carries more risk than a diversified fund.
Questions investors ask
How does Hope Bancorp make money?
Mostly from interest. Its subsidiary, Bank of Hope, takes in deposits and lends to businesses, commercial property owners and homebuyers at higher rates than it pays savers. In the year ended December 31, 2025, this net interest income was $472 million of about $499 million in revenue. The remaining $26.5 million came from fees for services such as treasury management and foreign exchange, plus gains on sales of the government-guaranteed part of Small Business Administration loans.
Is Bank of Hope a Korean-American bank?
It started out that way and now serves a wider customer base. Hope Bancorp describes its roots as a Korean-American focused bank. It has grown into one of the largest independent commercial banks headquartered in California, serving customers from many ethnic backgrounds across the US. Its branches and loan offices are in states including California, New York, Texas, Hawaii, Washington and Georgia. It also has a representative office in Seoul, South Korea, and offers internet banking in English and Korean.
Does Hope Bancorp raise its dividend every year?
No. Hope Bancorp paid a regular dividend of $0.56 per share in each fiscal year from 2020 through 2025, with no increases. The yield was 4.03% as of October 28, 2026. In fiscal 2025, diluted earnings were $0.49 per share, so dividends equaled 114.8% of earnings. The company's annual report warns that it may reduce or stop paying the common dividend.
How much does Hope Bancorp lend on commercial real estate?
A lot. About 58% of its loans were secured by commercial real estate as of December 31, 2025, not counting 1-4 family home mortgages. These loans cover retail centers, hotels and motels, gas stations and car washes, warehouses, apartment buildings and offices. The bank says it generally caps these loans at 75% of a property's appraised value when the loan is made. It also warns that regulators are watching banks with heavy commercial real estate exposure closely and may require them to hold more capital.
What is Hope Bancorp's P/E ratio?
The price-to-earnings (P/E) ratio was 28.3 as of October 28, 2026. P/E is the share price divided by one year's earnings per share, and this figure uses fiscal 2025 earnings. The market value was about $1.77 billion. The ratio is high partly because profits fell. Net income dropped 38.2% to $61.6 million in fiscal 2025, and diluted earnings per share fell to $0.49 from $0.82 a year earlier. Return on equity, which measures profit against shareholders' capital, was 2.7%.