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Hope Bancorp (Hope Bancorp) Book Value per Share

: $17.66 (As of Dec. 2023)
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Hope Bancorp's book value per share for the quarter that ended in Dec. 2023 was $17.66.

During the past 12 months, Hope Bancorp's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hope Bancorp was 29.60% per year. The lowest was -3.30% per year. And the median was 8.60% per year.

Hope Bancorp's current price is $10.78. Its book value per share for the quarter that ended in Dec. 2023 was $17.66. Hence, today's PB Ratio of Hope Bancorp is 0.61.

During the past 13 years, the highest P/B Ratio of Hope Bancorp was 1.77. The lowest was 0.44. And the median was 1.02.


Hope Bancorp Book Value per Share Historical Data

The historical data trend for Hope Bancorp's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hope Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.19 16.66 17.44 16.90 17.66

Hope Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.90 17.17 17.23 16.92 17.66

Competitive Comparison

For the Banks - Regional subindustry, Hope Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hope Bancorp PB Ratio Distribution

For the Banks industry and Financial Services sector, Hope Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hope Bancorp's PB Ratio falls into.



Hope Bancorp Book Value per Share Calculation

Hope Bancorp's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,121.2-0.0)/120.1
=17.66

Hope Bancorp's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,121.2-0.0)/120.1
=17.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Hope Bancorp  (NAS:HOPE) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Hope Bancorp Book Value per Share Related Terms

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Hope Bancorp (Hope Bancorp) Business Description

Traded in Other Exchanges
Address
3200 Wilshire Boulevard, Suite 1400, Los Angeles, CA, USA, 90010
Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services and other banking services.
Executives
Thomas Stenger officer: EVP, Chief Risk Officer 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Angelee Harris officer: EVP, General Counsel 525 J STREET, SACRAMENTO CA 95814
Dale S. Zuehls director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010
Julianna Balicka officer: EVP, CFO 3200 WILSHIRE BLVD. STE. 1400, LOS ANGELES CA 90010
William J Lewis director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Mary E Thigpen director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Steven Koh director 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
Joon Kyung Kim director 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Chung Hyun Lee director 3435 WILSHIRE BLVD SUITE 700, LOS ANGELES CA 90010
Alex Ko officer: EVP, Deputy CFO 3200 WILSHIRE BOULEVARD, 14TH FLOOR, LOS ANGELES CA 30010
Hung Quoc Van officer: EVP, Chief Information Officer 2954 COLERIDGE CIR, PASADENA CA 91107
James Hwang director 5669 LAKESHORE DR, FRISCO TX 75036
Jason K Kim officer: EVP, Chief Lending Officer 3435 WILSHIRE BLVD., SUITE 700, LOS ANGELES CA 90010
Peter Koh officer: EVP, Chief Credit Officer 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
David P Malone director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010