Shares of Hope Bancorp, Inc. (HOPE) traded at $12.08 on Wednesday morning, marking a 2.55% intraday gain after the bank reported fourth-quarter results that surpassed analyst expectations. The stock has traded in a 52-week range of $8.83 to $12.36, recently trending upward as the bank benefits from its April 2025 acquisition of Territorial Bancorp.
Company Description
Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only multi-state Korean American bank in the United States. It provides a broad range of financial services including commercial, real estate, and Small Business Administration (SBA) lending, as well as international trade finance and wealth management. The bank operates across major Korean American communities in the U.S. and maintains a representative office in Seoul, South Korea.
Current Stock Price
$12.08
Market Capitalization
$1.55 billion
Valuation
Based on today’s price, Hope Bancorp trades at a trailing P/E ratio of 30.49x. This multiple reflects recent non-recurring merger and restructuring charges that suppressed trailing GAAP earnings, while forward-looking sentiment remains focused on projected 2026 pre-provision net revenue growth.