Latest Ratios: P/E Ratio 29.0x · EV/EBITDA 18.4x · ROE 2.6%. (1999–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.7B | $1.4B | $1.5B | $1.5B | $1.5B | $1.8B | $1.4B | $1.9B | $1.6B | $2.5B | $2.3B |
| Enterprise Value | $1.5B | $1.2B | $1.4B | $1.5B | $2.3B | $2.2B | $1.6B | $2.1B | $2.2B | $3.3B | $2.6B |
| P/E Ratio → | 29.02 | 23.83 | 14.99 | 10.88 | 7.08 | 8.86 | 12.12 | 11.01 | 8.24 | 17.72 | 19.90 |
| P/S Ratio | 1.76 | 1.46 | 1.49 | 1.33 | 2.01 | 2.97 | 2.09 | 2.58 | 2.21 | 3.88 | 4.81 |
| P/B Ratio | 0.75 | 0.62 | 0.70 | 0.69 | 0.76 | 0.87 | 0.66 | 0.93 | 0.82 | 1.28 | 1.22 |
| P/FCF | 11.27 | 9.32 | 13.92 | 3.16 | 3.24 | 5.71 | 8.40 | 10.64 | 7.34 | 13.09 | 19.49 |
| P/OCF | 10.37 | 8.58 | 12.75 | 3.07 | 3.18 | 5.59 | 8.15 | 10.25 | 7.12 | 12.14 | 17.35 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.29 | 1.42 | 1.35 | 2.98 | 3.54 | 2.45 | 2.94 | 3.10 | 5.11 | 5.61 |
| EV / EBITDA | 18.43 | 14.91 | 10.70 | 8.33 | 7.71 | 7.85 | 11.13 | 9.48 | 8.59 | 13.09 | 13.92 |
| EV / EBIT | 19.11 | 15.45 | 10.70 | 8.33 | 7.71 | 7.85 | 11.13 | 9.48 | 8.59 | 12.35 | 13.80 |
| EV / FCF | — | 8.23 | 13.31 | 3.22 | 4.79 | 6.82 | 9.84 | 12.11 | 10.29 | 17.23 | 22.69 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.6% | 48.6% | 45.7% | 49.3% | 80.8% | 93.2% | 64.9% | 69.1% | 75.0% | 83.1% | 85.6% |
| Operating Margin | 8.3% | 8.3% | 13.3% | 16.3% | 38.6% | 45.1% | 22.0% | 31.0% | 36.1% | 41.4% | 40.6% |
| Net Profit Margin | 6.0% | 6.0% | 10.0% | 12.2% | 28.4% | 33.5% | 17.3% | 23.4% | 26.8% | 21.9% | 24.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.6% | 2.6% | 4.7% | 6.5% | 10.6% | 9.9% | 5.5% | 8.7% | 9.9% | 7.4% | 8.1% |
| ROA | 0.3% | 0.3% | 0.6% | 0.7% | 1.2% | 1.2% | 0.7% | 1.1% | 1.3% | 1.0% | 1.1% |
| ROIC | 2.3% | 2.3% | 3.0% | 3.6% | 7.4% | 7.6% | 3.8% | 5.6% | 6.1% | 6.6% | 6.8% |
| ROCE | 0.9% | 0.9% | 3.9% | 4.7% | 9.5% | 9.8% | 4.9% | 7.3% | 8.0% | 8.7% | 8.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.18 | 0.92 | 0.62 | 0.32 | 0.30 | 0.49 | 0.59 | 0.69 | 0.46 |
| Debt / EBITDA | 4.73 | 4.73 | 2.95 | 11.00 | 4.21 | 2.47 | 4.29 | 4.36 | 4.38 | 5.34 | 4.50 |
| Net Debt / Equity | — | -0.07 | -0.03 | 0.01 | 0.37 | 0.17 | 0.11 | 0.13 | 0.33 | 0.41 | 0.20 |
| Net Debt / EBITDA | -1.96 | -1.96 | -0.49 | 0.16 | 2.50 | 1.27 | 1.63 | 1.15 | 2.46 | 3.15 | 1.96 |
| Debt / FCF | — | -1.08 | -0.61 | 0.06 | 1.55 | 1.10 | 1.44 | 1.47 | 2.95 | 4.14 | 3.20 |
| Interest Coverage | 0.17 | 0.17 | 0.25 | 0.34 | 2.15 | 5.12 | 1.08 | 1.04 | 1.57 | 2.91 | 3.26 |
Net cash position: cash ($560M) exceeds total debt ($396M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.72 | 0.72 | 0.04 | 0.28 | 0.16 | 0.20 | 0.19 | 0.20 | 0.19 | 0.21 | 0.19 |
| Quick Ratio | 0.72 | 0.72 | 0.04 | 0.28 | 0.16 | 0.20 | 0.19 | 0.20 | 0.19 | 0.21 | 0.19 |
| Cash Ratio | 0.15 | 0.15 | 0.03 | 0.13 | 0.03 | 0.02 | 0.03 | 0.06 | 0.04 | 0.05 | 0.05 |
| Asset Turnover | — | 0.05 | 0.06 | 0.06 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.1% | 5.0% | 4.5% | 4.6% | 4.3% | 3.8% | 5.1% | 3.8% | 4.6% | 2.7% | 1.9% |
| Payout Ratio | 120.9% | 120.9% | 67.8% | 50.2% | 30.8% | 33.6% | 62.0% | 41.5% | 37.8% | 48.5% | 37.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.4% | 4.2% | 6.7% | 9.2% | 14.1% | 11.3% | 8.2% | 9.1% | 12.1% | 5.6% | 5.0% |
| FCF Yield | 8.9% | 10.7% | 7.2% | 31.7% | 30.9% | 17.5% | 11.9% | 9.4% | 13.6% | 7.6% | 5.1% |
| Buyback Yield | 0.0% | 0.0% | 0.2% | 0.0% | 1.0% | 2.8% | 2.7% | 0.7% | 9.6% | 68.6% | 58.2% |
| Total Shareholder Yield | 4.1% | 5.0% | 4.8% | 4.6% | 5.3% | 6.6% | 7.8% | 4.5% | 14.2% | 71.4% | 60.1% |
| Shares Outstanding | — | $129M | $121M | $120M | $120M | $123M | $124M | $127M | $132M | $136M | $104M |
CRE concentration and NIM
As reported in recent financial filings, Hope Bancorp trades at a P/B of 0.77, a valuation level that suggests the market is pricing in significant skepticism regarding the bank's ability to generate sustainable returns on tangible equity given its current CRE-heavy portfolio and stagnant revenue growth.
The current P/B multiple indicates that investors are valuing the bank at a discount to its book value, which often signals concerns about the long-term viability of its niche business model. This valuation gap relative to more diversified regional peers suggests that the market may be discounting the bank's earnings power due to the inherent risks in its specialized commercial real estate loan book.
Based on the provided quarterly data, Hope Bancorp's ROE has remained suppressed, hovering near 1.3% as of 2026Q1, which indicates that the bank's profitability is currently constrained by persistent NIM compression and a lack of meaningful expansion in non-interest income contribution to the overall bottom line.
The decomposition of profitability suggests that the bank is struggling to leverage its asset base effectively in the current interest rate environment. The stagnation in NIM, combined with the volatility in fee-based income, implies that the bank's core profitability drivers are currently under significant pressure, limiting the potential for meaningful ROE expansion.
According to the bank's reported figures, the efficiency ratio has stabilized at 38.1% as of 2026Q1, demonstrating that management has maintained tight control over operating expenses despite the ongoing challenges of NIM compression and the broader competitive pressures within the Korean-American community banking sector.
While the efficiency ratio reflects a disciplined approach to cost management, the inability to expand the NIM beyond 0.7% suggests that the bank's funding costs are likely rising in tandem with asset yields. This dynamic warrants further investigation into whether the bank's deposit base is becoming increasingly sensitive to market rates, potentially eroding its competitive funding advantage.
As indicated by the consistent equity-to-assets ratio of approximately 12% to 13% observed over the last ten quarters, Hope Bancorp maintains a robust capital buffer that provides significant resilience against potential credit losses within its concentrated commercial real estate portfolio, according to recent regulatory filings.
The bank's conservative capital position appears to be a strategic choice, providing a necessary cushion against the risks inherent in its specialized lending activities. This capital adequacy suggests that the bank is well-positioned to absorb potential shocks, although it may also imply an underutilization of the balance sheet that could otherwise be deployed for growth.
Investors frequently misapply the P/E ratio to Hope Bancorp, which obscures the underlying volatility in earnings caused by non-cash provision adjustments and transactional SBA gain-on-sale income, as noted in the bank's historical financial statements and the erratic nature of its reported quarterly net income figures.
The P/E ratio is a flawed metric for this bank because it fails to account for the significant impact of credit loss provisioning and the cyclical nature of fee-based income. A more accurate assessment of the bank's valuation should focus on P/TBV, which better reflects the tangible capital base and provides a clearer picture of the bank's intrinsic value relative to its asset quality.
Includes 30+ ratios · 27 years · Updated daily
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Quick answers to the most common questions about buying HOPE stock.
Hope Bancorp, Inc.'s current P/E ratio is 29.0x. The historical average is 17.9x. This places it at the 96th percentile of its historical range.
Hope Bancorp, Inc.'s current EV/EBITDA is 18.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.1x.
Hope Bancorp, Inc.'s return on equity (ROE) is 2.6%. The historical average is 11.1%.
Based on historical data, Hope Bancorp, Inc. is trading at a P/E of 29.0x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Hope Bancorp, Inc.'s current dividend yield is 4.11% with a payout ratio of 120.9%.
Hope Bancorp, Inc. has 48.6% gross margin and 8.3% operating margin.
Hope Bancorp, Inc.'s Debt/EBITDA ratio is 4.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.