NASDAQ : HOPE
Hope Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 13.21 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.69B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 849.64M | 837.23M | 837.16M | 892.56M | 660.73M | 528.17M |
| Interest Income on Investments | 102.04M | 103.94M | 116.82M | 156.31M | 55.38M | 38.36M |
| Total Interest Income | 951.68M | 941.16M | 953.98M | 1.05B | 716.12M | 566.53M |
| Interest Paid on Deposits | 416.12M | 457.25M | 495.45M | 441.23M | 114.84M | 42.01M |
| Interest Paid on Borrowings | 19.77M | 11.68M | 30.68M | 81.79M | 22.86M | 11.75M |
| Total Interest Expense | 435.89M | 468.93M | 526.13M | 523.02M | 137.69M | 53.76M |
| Net Interest Income | 515.80M | 472.23M | 427.85M | 525.86M | 578.42M | 512.77M |
| Gain (Loss) on Sale of Assets | 1.01M | |||||
| Gain (Loss) on Sale of Investments | -7.76M | -48.23M | -8.12M | -8.20M | -8.74M | |
| Other Non-Interest Income | 44.97M | 39.18M | 26.64M | 32.01M | 26.12M | 23.44M |
| Total Non-Interest Income | 65.57M | 15.92M | 38.03M | 37.38M | 42.66M | 43.59M |
| Revenues Before Loan Losses | 581.37M | 488.15M | 465.88M | 563.24M | 621.08M | 556.36M |
| Provision for Loan Losses | 31.18M | 31.80M | 17.28M | 31.59M | 9.85M | -12.20M |
| Revenue | 550.19M | 456.35M | 448.60M | 531.65M | 611.23M | 568.56M |
| Salaries and Employee Benefits | 222.02M | 206.40M | 168.94M | 195.53M | 192.46M | 166.75M |
| Federal Deposit Insurance | 10.58M | 10.29M | 11.50M | 17.27M | 6.25M | 5.11M |
| Selling, General & Administrative | 100.15M | 95.02M | 79.00M | 80.66M | 76.96M | 77.87M |
| Other Non-Interest Expense | 43.89M | 45.83M | 50.55M | 48.73M | 39.51M | 30.34M |
| Total Non-Interest Expense | 378.77M | 357.54M | 310.01M | 342.19M | 315.18M | 291.15M |
| EBT Excluding Unusual Items | 171.41M | 98.81M | 138.59M | 189.46M | 296.05M | 277.42M |
| Asset Writedown | -2.15M | |||||
| Other Unusual Items | 58.00K | |||||
| Pretax Income | 165.75M | 77.28M | 132.96M | 177.89M | 296.05M | 275.27M |
| Income Tax Expense | 33.14M | 15.69M | 33.33M | 44.21M | 77.77M | 70.70M |
| Net Income | 132.61M | 61.59M | 99.63M | 133.67M | 218.28M | 204.57M |
| Net Income to Common | 132.61M | 61.59M | 99.63M | 133.67M | 218.28M | 204.57M |
| Basic Shares Outstanding | 128.12M | 126.32M | 120.58M | 119.91M | 119.82M | 122.32M |
| Diluted Shares Outstanding | 128.57M | 126.77M | 121.11M | 120.39M | 120.47M | 123.13M |
| EPS (Basic) | 1.04 | 0.49 | 0.83 | 1.11 | 1.82 | 1.67 |
| EPS (Diluted) | 1.03 | 0.49 | 0.82 | 1.11 | 1.81 | 1.66 |
| Dividend Per Share | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 |
| Effective Tax Rate | 19.99% | 20.30% | 25.07% | 24.86% | 26.27% | 25.68% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 491.89M | 560.06M | 458.20M | 1.93B | 506.78M | 316.27M |
| Investment Securities | 348.87M | 375.73M | 683.38M | 447.81M | 410.32M | |
| Trading Asset Securities | 37.41M | 48.59M | 65.33M | 98.88M | 20.45M | |
| Mortgage-Backed Securities | 2.40B | 1.79B | 1.77B | 1.82B | 1.89B | 2.39B |
| Total Investments | 2.40B | 2.18B | 2.20B | 2.57B | 2.43B | 2.82B |
| Gross Loans | 15.05B | 14.70B | 13.62B | 13.85B | 15.40B | 13.95B |
| Allowance for Loan Losses | -154.32M | -156.66M | -150.53M | -158.69M | -162.36M | -140.55M |
| Net Loans | 14.90B | 14.54B | 13.47B | 13.69B | 15.24B | 13.81B |
| Property, Plant & Equipment | 74.11M | 127.03M | 91.19M | 97.22M | 101.89M | 98.37M |
| Goodwill | 480.92M | 464.45M | 464.45M | 464.45M | 464.45M | |
| Other Intangible Assets | 526.00M | 45.02M | 2.33M | 3.94M | 5.73M | 7.67M |
| Loans Held for Sale | 67.37M | 86.91M | 14.49M | 3.41M | 49.24M | 99.05M |
| Accrued Interest Receivable | 55.39M | 52.21M | 51.17M | 61.72M | 55.46M | 41.84M |
| Restricted Cash | 9.10M | 9.40M | ||||
| Other Current Assets | 818.00K | 1.52M | ||||
| Long-Term Deferred Tax Assets | 184.39M | 140.04M | 135.22M | 150.41M | 49.72M | |
| Other Real Estate Owned & Foreclosed | 661.00K | 2.42M | 2.60M | |||
| Other Long-Term Assets | 616.36M | 252.35M | 150.62M | 151.91M | 125.47M | 152.92M |
| Total Assets | 19.19B | 18.53B | 17.05B | 19.13B | 19.16B | 17.89B |
| Interest Bearing Deposits | 12.61B | 9.02B | 8.24B | 8.60B | 8.50B | 7.79B |
| Institutional Deposits | 3.21B | 2.71B | 2.24B | 2.39B | 1.49B | |
| Non-Interest Bearing Deposits | 3.50B | 3.37B | 3.38B | 3.91B | 4.85B | 5.75B |
| Total Deposits | 16.12B | 15.60B | 14.33B | 14.75B | 15.74B | 15.04B |
| Short-Term Borrowings | 37.78M | 192.83M | 1.75B | 675.57M | 18.08M | |
| Current Portion of Long-Term Debt | 374.00M | 284.92M | 100.00M | 100.00M | 265.00M | 300.00M |
| Current Portion of Leases | 17.53M | 13.95M | 14.29M | 13.77M | 12.68M | |
| Accrued Interest Payable | 62.82M | 78.31M | 93.78M | 168.17M | 26.67M | 4.27M |
| Other Current Liabilities | 818.00K | 1.52M | ||||
| Long-Term Debt | 112.04M | 444.00K | 444.00K | 444.00K | 217.15M | 216.21M |
| Long-Term Leases | 41.73M | 30.11M | 38.38M | 45.32M | 44.62M | |
| Trust Preferred Securities | 110.52M | 109.14M | 107.83M | 106.56M | 105.35M | |
| Other Long-Term Liabilities | 267.00M | 73.98M | 51.76M | 74.67M | 55.50M | 52.89M |
| Total Liabilities | 16.93B | 16.25B | 14.92B | 17.01B | 17.15B | 15.80B |
| Common Stock | 146.00K | 146.00K | 138.00K | 138.00K | 137.00K | 136.00K |
| Additional Paid-In Capital | 1.53B | 1.52B | 1.45B | 1.44B | 1.43B | 1.42B |
| Retained Earnings | 1.22B | 1.17B | 1.18B | 1.15B | 1.08B | 932.56M |
| Treasury Stock | -273.38M | -264.67M | -264.67M | -264.67M | -264.67M | -250.00M |
| Comprehensive Income & Other | -214.41M | -148.31M | -227.87M | -204.74M | -230.86M | -11.41M |
| Shareholders' Equity | 2.26B | 2.28B | 2.13B | 2.12B | 2.02B | 2.09B |
| Total Liabilities & Equity | 19.19B | 18.53B | 17.05B | 19.13B | 19.16B | 17.89B |
| Total Debt | 486.04M | 492.92M | 446.47M | 2.01B | 1.32B | 696.94M |
| Net Cash (Debt) | 5.85M | 104.55M | 60.32M | -19.39M | -716.98M | -347.38M |
| Net Cash Per Share | 0.05 | 0.82 | 0.50 | -0.16 | -5.95 | -2.82 |
| Filing Date Shares Outstanding | 127.76M | 128.20M | 120.77M | 120.13M | 119.50M | 120.11M |
| Total Common Shares Outstanding | 127.76M | 128.20M | 120.76M | 120.13M | 119.50M | 120.01M |
| Book Value Per Share | 17.67 | 17.81 | 17.68 | 17.66 | 16.90 | 17.44 |
| Tangible Book Value | 1.73B | 1.76B | 1.67B | 1.65B | 1.55B | 1.62B |
| Tangible Book Value Per Share | 13.55 | 13.71 | 13.81 | 13.76 | 12.96 | 13.51 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 61.59M | 99.63M | 133.67M | 218.28M | 204.57M | |
| Depreciation & Amortization | 70.19M | 52.71M | 23.46M | 30.46M | 26.00M | |
| Gain (Loss) on Sale of Assets | 684.00K | |||||
| Gain (Loss) on Sale of Investments | 30.86M | -14.30M | -16.23M | -1.92M | 319.00K | |
| Total Asset Writedown | 2.22M | 2.15M | ||||
| Provision for Credit Losses | 31.80M | 17.28M | 31.59M | 9.85M | -12.20M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 50.37M | 29.21M | 77.92M | 183.44M | 37.14M | |
| Accrued Interest Receivable | 4.18M | 10.55M | -9.19M | -17.25M | 16.74M | |
| Change in Other Net Operating Assets | -57.90M | -4.66M | 85.94M | 59.59M | 36.40M | |
| Other Operating Activities | -9.63M | -4.97M | -3.46M | -5.20M | -3.08M | |
| Operating Cash Flow | 164.55M | 116.72M | 473.78M | 485.54M | 324.21M | |
| Capital Expenditures | -13.09M | -9.81M | -13.12M | -9.11M | -7.22M | |
| Cash Acquisitions | 86.90M | |||||
| Investment in Securities | 573.16M | 299.21M | -138.08M | 110.73M | -451.64M | |
| Income (Loss) Equity Investments | -120.00K | -2.00K | -5.82M | 10.77M | ||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -135.72M | 176.42M | 1.45B | -1.58B | -550.68M | |
| Other Investing Activities | 14.06M | 633.00K | -9.03M | -165.00K | 1.28M | |
| Investing Cash Flow | 525.31M | 466.52M | 1.29B | -1.47B | -993.04M | |
| Short-Term Debt Issued | 701.20M | 1.86B | 41.55B | 40.30B | 2.32B | |
| Total Debt Issued | 701.20M | 1.86B | 41.55B | 40.30B | 2.32B | |
| Short-Term Debt Repaid | -815.20M | -3.41B | -40.62B | -39.73B | -2.27B | |
| Long-Term Debt Repaid | -216.64M | |||||
| Total Debt Repaid | -815.20M | -3.41B | -40.84B | -39.73B | -2.27B | |
| Net Debt Issued (Repaid) | -114.00M | -1.56B | 714.09M | 565.00M | 50.00M | |
| Issuance of Common Stock | 1.00K | 1.00K | 531.00K | |||
| Repurchase of Common Stock | -2.70M | -3.51M | -3.38M | -18.16M | -53.36M | |
| Common Dividends Paid | -70.73M | -67.51M | -67.12M | -67.13M | -68.67M | |
| Net Increase (Decrease) in Deposit Accounts | -400.58M | -426.26M | -985.05M | 698.35M | 706.54M | |
| Financing Cash Flow | -588.00M | -2.05B | -341.47M | 1.18B | 634.52M | |
| Net Cash Flow | 101.86M | -1.47B | 1.42B | 190.51M | -34.31M | |
| Free Cash Flow | 151.46M | 106.91M | 460.65M | 476.42M | 316.99M | |
| Free Cash Flow Margin | 33.19% | 23.83% | 86.65% | 77.95% | 55.75% | |
| Free Cash Flow Per Share | 1.20 | 0.88 | 3.83 | 3.96 | 2.57 | |
| Cash Interest Paid | 484.82M | 599.20M | 379.91M | 113.15M | 62.08M | |
| Cash Income Tax Paid | 2.57M | 29.22M | 40.99M | 96.40M | 42.20M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.69B | 1.40B | 1.48B | 1.45B | 1.53B | 1.77B |
| Last Close Price | 13.21 | 10.61 | 11.28 | 10.57 | 10.58 | 11.70 |
| PE Ratio | 12.86 | 22.81 | 14.89 | 10.85 | 7.01 | 8.64 |
| PS Ratio | 3.07 | 3.08 | 3.31 | 2.73 | 2.50 | 3.11 |
| PB Ratio | 0.75 | 0.61 | 0.69 | 0.68 | 0.76 | 0.84 |
| P/FCF Ratio | 8.95 | 9.28 | 13.88 | 3.15 | 3.21 | 5.58 |
| P/OCF Ratio | 8.32 | 8.54 | 12.71 | 3.06 | 3.15 | 5.45 |
| Debt / Equity Ratio | 0.21 | 0.22 | 0.21 | 0.95 | 0.66 | 0.33 |
| Debt / FCF Ratio | 3.25 | 4.18 | 4.37 | 2.78 | 2.20 | |
| Net Debt / Equity Ratio | -0.00 | -0.05 | -0.03 | 0.01 | 0.35 | 0.17 |
| Net Debt / FCF Ratio | -0.69 | -0.56 | 0.04 | 1.50 | 1.10 | |
| Return on Equity (ROE) | 5.88% | 2.79% | 4.68% | 6.46% | 10.62% | 9.87% |
| Return on Assets (ROA) | 0.70% | 0.35% | 0.55% | 0.70% | 1.18% | 1.17% |
| Earnings Yield | 7.77% | 4.38% | 6.71% | 9.21% | 14.26% | 11.57% |
| FCF Yield | 11.17% | 10.78% | 7.21% | 31.75% | 31.13% | 17.93% |
| Dividend Yield | 4.24% | 5.11% | 4.56% | 4.64% | 4.37% | 3.80% |
| Payout Ratio | 54.53% | 114.84% | 67.76% | 50.22% | 30.75% | 33.57% |
| Buyback Yield / Dilution | -3.11% | -4.68% | -0.59% | 0.07% | 2.16% | 0.61% |
| Total Shareholder Return | 1.13% | 0.43% | 3.96% | 4.70% | 6.53% | 4.41% |