HOPE BANCORP INC HOPE
Hope Bancorp, Inc. ("Hope Bancorp" on a parent-only basis, and the "Company," "we" or "our" on a consolidated basis with the Bank of Hope) is a bank holding company headquartered in Los Angeles, California. Hope Bancorp was incorporated in Delaware in the year 2000. We offer commercial and retail banking loan and deposit products through our wholly-owned subsidiary, Bank of Hope, a California state-chartered bank (the "Bank" or "Bank of Hope"). From our roots as a Korean-American focused bank, we have grown to be one of the largest independent commercial banks headquartered in California and serve a multi-ethnic population of customers around the United States. Our network of branches and loan production offices includes locations in California, New York, Texas, Hawaii, Washington, Illinois, New Jersey, Georgia, Florida, Alabama, Colorado, and Oregon, and includes a representative office in Seoul, South Korea. Our headquarters are located at 3200 Wilshire Boulevard, Suite 1400, Los Angeles, California 90010, and our telephone number at that address is (213) 639-1700.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $941.2M | $954.0M | $1.05B | $716.1M | $566.5M | $598.9M | $684.8M | $650.2M | $572.1M | $421.9M |
| Interest expense | $472.2M | $427.9M | $525.9M | $578.4M | $53.8M | $131.4M | $218.2M | $162.2M | $90.7M | $58.6M |
| Pre-tax income | $77.3M | $133.0M | $177.9M | $296.0M | $275.3M | $142.3M | $226.3M | $255.5M | $263.8M | $191.2M |
| Income tax | $15.7M | $33.3M | $44.2M | $77.8M | $70.7M | $30.8M | $55.3M | $65.9M | $124.4M | $77.5M |
| Net income | $62.0M | $100.0M | $134.0M | $218.0M | $205.0M | $111.5M | $171.0M | $189.6M | $139.4M | $113.7M |
| EPS, basic | 0.49 | 0.83 | 1.11 | 1.82 | 1.67 | 0.90 | 1.35 | 1.44 | 1.03 | 1.10 |
| EPS, diluted | 0.49 | 0.82 | 1.11 | 1.81 | 1.66 | 0.90 | 1.35 | 1.44 | 1.03 | 1.10 |
| Shares, diluted (wtd. avg.) | $126.8M | $121.1M | $120.4M | $120.5M | $123.1M | $123.9M | $126.9M | $132.0M | $135.7M | $103.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $560.1M | $458.2M | $1.93B | $506.8M | $316.3M | $350.6M | $698.6M | $459.6M | $492.0M | $437.3M |
| Property, plant and equipment | $69.6M | $51.8M | $50.6M | $46.9M | $45.7M | $48.4M | $52.0M | $53.8M | $56.7M | $55.3M |
| Goodwill | $480.9M | $464.4M | $464.4M | $464.4M | $464.4M | $464.4M | $464.4M | $464.4M | $464.4M | $463.0M |
| Other intangibles | $45.0M | $2.3M | $3.9M | $5.7M | $7.7M | $9.7M | $11.8M | $14.1M | $16.5M | $19.2M |
| Total assets | $18.53B | $17.05B | $19.13B | $19.16B | $17.89B | $17.11B | $15.67B | $15.31B | $14.21B | $13.44B |
| Short-term debt | $285.0M | $239.0M | $1.80B | $865.0M | — | — | — | — | — | — |
| Total liabilities | $16.25B | $14.92B | $17.01B | $17.15B | $15.80B | $15.05B | $13.63B | $13.40B | $12.28B | $11.59B |
| Retained earnings | $1.17B | $1.18B | $1.15B | $1.08B | $932.6M | $785.9M | $762.5M | $662.4M | $544.9M | $469.5M |
| Total equity | $2.28B | $2.13B | $2.12B | $2.02B | $2.09B | $2.05B | $2.04B | $1.90B | $1.93B | $1.86B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $164.5M | $116.7M | $473.8M | $485.5M | $324.2M | $165.9M | $183.9M | $220.0M | $203.5M | $130.6M |
| Depreciation and amortisation | $10.3M | $8.7M | $8.4M | $7.9M | $8.2M | $8.2M | $8.3M | $9.2M | $9.3M | -$1.6M |
| Stock-based compensation | $7.7M | $8.9M | $12.3M | $12.3M | $8.4M | $8.1M | $5.3M | $3.7M | $3.2M | $3.0M |
| Capital expenditure | $13.1M | $9.8M | $13.1M | $9.1M | $7.2M | $5.0M | $6.6M | $6.8M | $14.8M | $14.3M |
| Investing cash flow | $525.3M | $466.5M | $1.29B | -$1.47B | -$993.0M | -$1.83B | -$36.8M | -$1.15B | -$767.0M | -$463.4M |
| Financing cash flow | -$588.0M | -$2.05B | -$341.5M | $1.18B | $634.5M | $1.32B | $91.9M | $895.1M | $618.1M | $471.7M |
| Dividends paid | — | — | — | — | $68.7M | $69.2M | $70.9M | $71.6M | $67.7M | $42.5M |
| Buybacks | $0 | $0 | $0 | $14.7M | $50.0M | $36.8M | $13.2M | $150.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001539497-26-001123.
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| C | CITIGROUP INC | $240.92B | 19.7x | 5.6% |
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