Hope Bancorp, Inc. (HOPE)

Hope Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	818.49	837.16	892.56	660.73	528.17	554.97
Interest Income on Investments	92.98	116.82	156.32	55.38	38.36	43.91
Total Interest Income	911.47	953.98	1,049	716.12	566.53	598.88
Interest Paid on Deposits	485	495.45	441.23	114.84	42.01	110.37
Interest Paid on Borrowings	12.85	30.68	81.79	22.86	11.75	21.01
Total Interest Expense	497.85	526.13	523.02	137.69	53.76	131.38
Net Interest Income	413.62	427.85	525.86	578.42	512.77	467.5
Net Interest Income Growth (YoY)	-18.42%	-18.64%	-9.09%	12.80%	9.68%	0.19%
Gain (Loss) on Sale of Assets	1.01	1.01	-	-	-	-
Gain (Loss) on Sale of Investments	0.94	0.94	-	-	-	8.02
Other Non-Interest Income	30.58	26.64	32.01	26.12	23.44	24.97
Total Non-Interest Income	54.48	47.08	45.58	51.4	43.59	53.43
Non-Interest Income Growth (YoY)	28.29%	3.29%	-11.32%	17.90%	-18.41%	7.55%
Revenues Before Loan Losses	468.1	474.93	571.44	629.82	556.36	520.93
Provision for Loan Losses	19.48	17.28	31.59	9.85	-12.2	95
Revenue	448.62	457.65	539.85	619.97	568.56	425.93
Revenue Growth (YoY)	-13.91%	-15.23%	-12.92%	9.04%	33.49%	-16.32%
Salaries and Employee Benefits	169.83	168.94	195.53	192.46	166.75	154.8
Federal Deposit Insurance	10.08	11.5	17.27	6.25	5.11	5.54
Selling, General & Administrative	79.68	79.01	80.66	76.96	77.87	78.39
Other Non-Interest Expense	48.37	50.55	48.73	39.51	30.34	21.95
Total Non-Interest Expense	317.01	319.06	350.38	323.92	291.15	277.69
EBT Excluding Unusual Items	131.61	138.59	189.46	296.05	277.42	148.24
Asset Writedown	-	-	-	-	-2.15	-
Other Unusual Items	-	-	-	-	-	-3.58
Pretax Income	124.91	132.96	177.89	296.05	275.27	142.29
Income Tax Expense	30.05	33.33	44.21	77.77	70.7	30.78
Net Income	94.86	99.63	133.67	218.28	204.57	111.52
Net Income to Common	94.86	99.63	133.67	218.28	204.57	111.52
Net Income Growth	-21.22%	-25.47%	-38.76%	6.70%	83.45%	-34.80%
Basic Shares Outstanding	121	121	120	120	122	124
Diluted Shares Outstanding	121	121	120	120	123	124
Shares Change (YoY)	0.52%	0.59%	-0.07%	-2.16%	-0.61%	-2.35%
EPS (Basic)	0.79	0.83	1.11	1.82	1.67	0.90
EPS (Diluted)	0.78	0.82	1.11	1.81	1.66	0.90
EPS Growth	-21.21%	-26.13%	-38.67%	9.04%	84.44%	-33.33%
Dividend Per Share	0.560	0.560	0.560	0.560	0.560	0.560
Effective Tax Rate	24.06%	25.07%	24.86%	26.27%	25.68%	21.63%

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q