Hope Bancorp, Inc. (HOPE) vs TriCo Bancshares (TCBK)

Hope Bancorp, Inc. and TriCo Bancshares are both Banks Regional companies. Hope Bancorp, Inc. and TriCo Bancshares are of similar size ($1.7B and $1.7B). TriCo Bancshares trades at the lower P/E: 12.4× against 13.4×. Hope Bancorp, Inc. grew revenue faster over the last twelve months: 8.78% against 3.55%. TriCo Bancshares has the higher net margin (24.7% vs 12.5%) and the higher return on invested capital (8.97% vs 4.56%). Both pay a dividend; Hope Bancorp, Inc. yields more (4.17% vs 2.77%). Across the 19 metrics below, TriCo Bancshares leads on 12 and Hope Bancorp, Inc. on 7.

Valuation

Metric HOPE TCBK Banks Regional median
P/E 13.43 12.39 11.98
P/S 1.68 3.02 2.34
P/B 0.75 1.24 1.19
Price to free cash flow 9.10 12.48 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.45% 8.07% 8.23%
Free cash flow yield 10.98% 8.01% 9.08%

Profitability

Metric HOPE TCBK Banks Regional median
Gross margin 56.48% 79.56% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 12.52% 24.66% 18.66%
Free cash flow margin 18.46% 24.23% 21.11%
Return on equity 5.66% 10.38% 10.65%
Return on assets 0.68% 1.36% 1.13%
Return on invested capital 4.56% 8.97% 8.35%

Growth

Metric HOPE TCBK Banks Regional median
Revenue growth (TTM) 8.78% 3.55% 6.98%
EPS growth (last fiscal year) (40.24%) 6.94% 18.88%
Revenue growth, 5-year CAGR 8.21% 10.82% 12.38%
Net income growth, 5-year CAGR (11.20%) 13.40% 9.71%

Health

Metric HOPE TCBK Banks Regional median
Debt to equity 0.25 0.04 0.22
Current ratio 0.98 0.87 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric HOPE TCBK Banks Regional median
Dividend yield 4.17% 2.77% 2.57%
Payout ratio 0.56 0.35 0.30

Size

Metric HOPE TCBK Banks Regional median
Market cap 1.71b 1.66b 913.33m

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