Hope Bancorp, Inc. (HOPE)

Hope Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	680.86	1,929	506.78	316.27	350.58	698.57
Investment Securities	431.44	683.38	447.81	410.32	253.2	235.16
Trading Asset Securities	46.54	65.33	98.88	20.45	34.61	10.35
Mortgage-Backed Securities	1,819	1,824	1,886	2,385	2,190	1,642
Total Investments	2,297	2,573	2,433	2,816	2,478	1,887
Gross Loans	13,618	13,854	15,404	13,953	13,563	12,276
Allowance for Loan Losses	-153.27	-158.69	-162.36	-140.55	-206.74	-94.14
Net Loans	13,465	13,695	15,241	13,812	13,356	12,182
Property, Plant & Equipment	93.61	97.22	101.89	98.37	96.06	110.61
Goodwill	464.45	464.45	464.45	464.45	464.45	464.45
Other Intangible Assets	2.73	3.94	5.73	7.67	9.71	11.83
Loans Held for Sale	25.71	3.41	49.25	99.05	17.74	54.27
Accrued Interest Receivable	51.9	61.72	55.46	41.84	59.43	30.77
Restricted Cash	-	-	9.1	9.4	9.1	8.9
Other Current Assets	-	0.47	0.82	1.52	1.18	1.12
Long-Term Deferred Tax Assets	122.54	135.22	150.41	49.72	47.69	31.66
Other Real Estate Owned & Foreclosed	-	0.06	2.42	2.6	20.12	24.09
Other Long-Term Assets	133.66	151.37	125.47	152.92	178.86	142.71
Total Assets	17,354	19,132	19,164	17,889	17,107	15,667
Interest Bearing Deposits	8,327	8,598	8,504	7,795	7,665	7,562
Institutional Deposits	2,680	2,241	2,386	1,494	1,854	1,857
Non-Interest Bearing Deposits	3,723	3,915	4,849	5,752	4,814	3,109
Total Deposits	14,729	14,754	15,739	15,040	14,334	12,527
Short-Term Borrowings	38.74	1,753	675.57	18.08	35.21	10.35
Current Portion of Long-Term Debt	100	100	265	300	-	-
Current Portion of Leases	14.05	14.29	13.77	12.68	13.69	-
Accrued Interest Payable	107.02	168.17	26.67	4.27	14.71	33.81
Other Current Liabilities	-	7	0.82	1.52	1.18	1.12
Long-Term Debt	109.25	0.44	217.15	216.21	204.57	199.46
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	250	625
Long-Term Leases	32.96	38.38	45.32	44.63	38.34	60.51
Trust Preferred Securities	-	107.83	106.57	105.35	104.18	103.04
Other Long-Term Liabilities	52.88	67.67	55.5	52.89	57.14	70.79
Total Liabilities	15,184	17,010	17,145	15,796	15,053	13,631
Common Stock	0.14	0.14	0.14	0.14	0.14	0.14
Additional Paid-In Capital	1,443	1,440	1,431	1,422	1,435	1,428
Retained Earnings	1,174	1,151	1,084	932.56	785.94	762.48
Treasury Stock	-264.67	-264.67	-264.67	-250	-200	-163.82
Comprehensive Income & Other	-182.78	-204.74	-230.86	-11.41	32.75	9.15
Shareholders' Equity	2,170	2,121	2,019	2,093	2,054	2,036
Total Liabilities & Equity	17,354	19,132	19,164	17,889	17,107	15,667
Total Debt	295.01	2,014	1,323	696.94	645.98	998.35
Net Cash (Debt)	432.38	-19.39	-716.98	-347.38	-232.15	-260.27
Net Cash Per Share	3.57	-0.16	-5.95	-2.82	-1.87	-2.05
Filing Date Shares Outstanding	120.74	120.13	119.5	120.11	123.27	124.29
Total Common Shares Outstanding	120.74	120.13	119.5	120.01	123.26	125.76
Book Value Per Share	17.97	17.66	16.90	17.44	16.66	16.19
Tangible Book Value	1,703	1,653	1,549	1,621	1,580	1,560
Tangible Book Value Per Share	14.10	13.76	12.96	13.51	12.81	12.40

Source: S&P Capital IQ. Banks template. Financial Sources.