Hope Bancorp Financials

HOPE

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 19/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Hope Bancorp's revenue declined 9% year-over-year, from $1.0B to $954.0M. This contraction results in a growth score of 3/100.

Leverage

Hope Bancorp has elevated debt relative to equity (D/E of 6.99), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

Hope Bancorp has a free cash flow margin of 11.2%, earning a moderate score of 56/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Hope Bancorp generates a 4.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 19/100. This is down from 6.3% the prior year.

Piotroski F-Score Neutral

4/9

Hope Bancorp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.17x

For every $1 of reported earnings, Hope Bancorp generates $1.17 in operating cash flow ($116.7M OCF vs $99.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

This page shows Hope Bancorp (HOPE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Export CSV

Key Financial Metrics

Revenue

$954.0M

YoY-9.0%

5Y CAGR+6.9%

10Y CAGR+12.2%

Hope Bancorp generated $954.0M in revenue in fiscal year 2024. This represents a decrease of 9.0% from the prior year.

EBITDA

N/A

Free Cash Flow

$106.9M

YoY-76.8%

5Y CAGR-9.6%

10Y CAGR-1.9%

Hope Bancorp generated $106.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 76.8% from the prior year.

Net Income

$99.6M

YoY-25.5%

5Y CAGR-10.2%

10Y CAGR+1.2%

Hope Bancorp reported $99.6M in net income in fiscal year 2024. This represents a decrease of 25.5% from the prior year.

EPS (Diluted)

$0.82

YoY-26.1%

5Y CAGR-9.5%

10Y CAGR-3.0%

Hope Bancorp earned $0.82 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 26.1% from the prior year.

Cash & Debt

$458.2M

YoY-76.2%

5Y CAGR-8.1%

10Y CAGR-0.1%

Hope Bancorp held $458.2M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.56

YoY+0.0%

5Y CAGR+0.0%

Hope Bancorp paid $0.56 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

121M

YoY+0.5%

5Y CAGR-0.8%

10Y CAGR+4.3%

Hope Bancorp had 121M shares outstanding in fiscal year 2024. This represents an increase of 0.5% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

10.4%

YoY-2.3pp

5Y CAGR-14.5pp

10Y CAGR-18.8pp

Hope Bancorp's net profit margin was 10.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.3 percentage points from the prior year.

Return on Equity

4.7%

YoY-1.6pp

5Y CAGR-3.7pp

10Y CAGR-5.4pp

Hope Bancorp's ROE was 4.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.6 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

Hope Bancorp spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$9.8M

YoY-25.2%

5Y CAGR+8.2%

10Y CAGR+4.3%

Hope Bancorp invested $9.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 25.2% from the prior year.

HOPE Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$954.0M-9.0%	$1.0B+46.5%	$716.1M+26.4%	$566.5M-5.4%	$598.9M-12.5%	$684.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$526.1M+0.6%	$523.0M+279.8%	$137.7M+156.1%	$53.8M-59.1%	$131.4M-39.8%	$218.2M
Income Tax	$33.3M-24.6%	$44.2M-43.1%	$77.8M+10.0%	$70.7M+129.7%	$30.8M-44.4%	$55.3M
Net Income	$99.6M-25.5%	$133.7M-38.8%	$218.3M+6.7%	$204.6M+83.4%	$111.5M-34.8%	$171.0M
EPS (Diluted)	$0.82-26.1%	$1.11-38.7%	$1.81+9.0%	$1.66+84.4%	$0.90-33.3%	$1.35

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$244.8M+2.3%	$239.2M+10.1%	$217.2M-4.2%	$226.6M-3.6%	$235.1M+1.1%	$232.6M-10.4%	$259.7M-3.5%	$269.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$118.1M-2.9%	$121.6M+4.5%	$116.3M-6.5%	$124.5M-4.4%	$130.3M+2.8%	$126.7M-12.4%	$144.6M+0.9%	$143.3M
Income Tax	$5.6M+378.6%	-$2.0M-129.9%	$6.7M+10.8%	$6.1M-23.3%	$7.9M-14.4%	$9.3M-7.5%	$10.0M+40.8%	$7.1M
Net Income	$30.8M+210.6%	-$27.9M-232.2%	$21.1M-13.3%	$24.3M+0.7%	$24.2M-4.4%	$25.3M-2.3%	$25.9M-2.3%	$26.5M
EPS (Diluted)	$0.24+209.1%	$-0.22-229.4%	$0.17-15.0%	$0.200.0%	$0.20-4.8%	$0.210.0%	$0.21-4.5%	$0.22

HOPE Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$17.1B-10.9%	$19.1B-0.2%	$19.2B+7.1%	$17.9B+4.6%	$17.1B+9.2%	$15.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$458.2M-76.2%	$1.9B+280.6%	$506.8M+60.2%	$316.3M-9.8%	$350.6M-49.8%	$698.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$464.4M0.0%	$464.4M0.0%	$464.4M0.0%	$464.4M0.0%	$464.4M0.0%	$464.4M
Total Liabilities	$14.9B-12.3%	$17.0B-0.8%	$17.1B+8.5%	$15.8B+4.9%	$15.1B+10.4%	$13.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.1B+0.6%	$2.1B+5.0%	$2.0B-3.5%	$2.1B+1.9%	$2.1B+0.9%	$2.0B
Retained Earnings	$1.2B+2.7%	$1.2B+6.2%	$1.1B+16.2%	$932.6M+18.7%	$785.9M+3.1%	$762.5M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$18.5B-0.2%	$18.5B+8.7%	$17.1B+0.1%	$17.1B-1.7%	$17.4B-0.1%	$17.4B-3.9%	$18.1B-5.5%	$19.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$454.9M-34.0%	$689.7M-6.0%	$733.5M+60.1%	$458.2M-32.7%	$680.9M+4.1%	$654.0M-44.8%	$1.2B-38.6%	$1.9B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$478.3M0.0%	$478.1M+2.9%	$464.4M0.0%	$464.4M0.0%	$464.4M0.0%	$464.4M0.0%	$464.4M0.0%	$464.4M
Total Liabilities	$16.3B-0.4%	$16.3B+9.5%	$14.9B-0.1%	$14.9B-1.7%	$15.2B-0.5%	$15.3B-4.5%	$16.0B-6.1%	$17.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.3B+1.4%	$2.2B+3.0%	$2.2B+1.2%	$2.1B-1.6%	$2.2B+2.8%	$2.1B0.0%	$2.1B-0.4%	$2.1B
Retained Earnings	$1.2B+1.1%	$1.1B-3.9%	$1.2B+0.4%	$1.2B+0.6%	$1.2B+0.5%	$1.2B+0.7%	$1.2B+0.8%	$1.2B

HOPE Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$116.7M-75.4%	$473.8M-2.4%	$485.5M+49.8%	$324.2M+95.4%	$165.9M-9.8%	$183.9M
Capital Expenditures	$9.8M-25.2%	$13.1M+44.0%	$9.1M+26.2%	$7.2M+45.2%	$5.0M-24.9%	$6.6M
Free Cash Flow	$106.9M-76.8%	$460.7M-3.3%	$476.4M+50.3%	$317.0M+97.0%	$160.9M-9.2%	$177.2M
Investing Cash Flow	$466.5M-63.8%	$1.3B+187.5%	-$1.5B-48.4%	-$993.0M+45.9%	-$1.8B-4882.3%	-$36.8M
Financing Cash Flow	-$2.1B-501.5%	-$341.5M-129.0%	$1.2B+85.7%	$634.5M-52.0%	$1.3B+1336.7%	$91.9M
Dividends Paid	N/A	N/A	N/A	$68.7M-0.7%	$69.2M-2.4%	$70.9M
Share Buybacks	$0	$0-100.0%	$14.7M-70.7%	$50.0M+36.0%	$36.8M+178.1%	$13.2M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$51.7M+451.4%	$9.4M-64.8%	$26.7M-46.3%	$49.6M-21.3%	$63.0M+346.5%	-$25.6M-186.3%	$29.6M-62.3%	$78.6M
Capital Expenditures	$4.6M+83.3%	$2.5M-6.4%	$2.7M+17.3%	$2.3M-21.8%	$2.9M+14.5%	$2.5M+19.8%	$2.1M+5.7%	$2.0M
Free Cash Flow	$47.2M+584.4%	$6.9M-71.3%	$24.0M-49.3%	$47.4M-21.2%	$60.1M+314.0%	-$28.1M-202.2%	$27.5M-64.1%	$76.6M
Investing Cash Flow	-$145.3M-135.4%	$410.2M+66.9%	$245.8M+3110.1%	$7.7M-76.6%	$32.7M-81.7%	$179.0M-27.5%	$247.1M-30.1%	$353.4M
Financing Cash Flow	-$141.3M+69.5%	-$463.3M-16554.0%	$2.8M+101.0%	-$280.0M-306.2%	-$68.9M+89.9%	-$684.7M+32.9%	-$1.0B-1.7%	-$1.0B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0

HOPE Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	10.4%-2.3pp	12.7%-17.7pp	30.5%-5.6pp	36.1%+17.5pp	18.6%-6.4pp	25.0%
Return on Equity	4.7%-1.6pp	6.3%-4.5pp	10.8%+1.0pp	9.8%+4.3pp	5.4%-3.0pp	8.4%
Return on Assets	0.6%-0.1pp	0.7%-0.4pp	1.1%0.0pp	1.1%+0.5pp	0.7%-0.4pp	1.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.99-1.0	8.02-0.5	8.49+0.9	7.55+0.2	7.33+0.6	6.70
FCF Margin	11.2%-32.7pp	43.9%-22.6pp	66.5%+10.6pp	56.0%+29.1pp	26.9%+1.0pp	25.9%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	12.6%+24.3pp	-11.7%-21.4pp	9.7%-1.0pp	10.7%+0.5pp	10.3%-0.6pp	10.9%+0.9pp	10.0%+0.1pp	9.8%
Return on Equity	1.4%	N/A	1.0%-0.2pp	1.1%+0.0pp	1.1%-0.1pp	1.2%-0.0pp	1.2%-0.0pp	1.3%
Return on Assets	0.2%+0.3pp	-0.1%-0.3pp	0.1%-0.0pp	0.1%0.0pp	0.1%-0.0pp	0.1%+0.0pp	0.1%0.0pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.20-0.1	7.34+0.4	6.90-0.1	6.990.0	7.00-0.2	7.23-0.3	7.56-0.5	8.02
FCF Margin	19.3%+16.4pp	2.9%-8.2pp	11.1%-9.8pp	20.9%-4.7pp	25.6%+37.7pp	-12.1%-22.7pp	10.6%-17.8pp	28.4%

Similar Companies

German Amern Bancorp Inc GABC

$1.6B

National Bk Hldgs Corp NBHC

$1.9B

Dime Community Bancshares Inc DCOM

$1.5B

Byline Bancorp BY

$1.5B

Trico Bancshares TCBK

$1.6B

Frequently Asked Questions

What is Hope Bancorp's annual revenue?

Hope Bancorp (HOPE) reported $954.0M in total revenue for fiscal year 2024. This represents a -9.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hope Bancorp's revenue growing?

Hope Bancorp (HOPE) revenue declined by 9% year-over-year, from $1.0B to $954.0M in fiscal year 2024.

Is Hope Bancorp profitable?

Yes, Hope Bancorp (HOPE) reported a net income of $99.6M in fiscal year 2024, with a net profit margin of 10.4%.

What is Hope Bancorp's earnings per share (EPS)?

Hope Bancorp (HOPE) reported diluted earnings per share of $0.82 for fiscal year 2024. This represents a -26.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Hope Bancorp's net profit margin?

Hope Bancorp (HOPE) had a net profit margin of 10.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Hope Bancorp pay dividends?

Yes, Hope Bancorp (HOPE) paid $0.56 per share in dividends during fiscal year 2024.

What is Hope Bancorp's return on equity (ROE)?

Hope Bancorp (HOPE) has a return on equity of 4.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Hope Bancorp's free cash flow?

Hope Bancorp (HOPE) generated $106.9M in free cash flow during fiscal year 2024. This represents a -76.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hope Bancorp's operating cash flow?

Hope Bancorp (HOPE) generated $116.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Hope Bancorp's total assets?

Hope Bancorp (HOPE) had $17.1B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Hope Bancorp's capital expenditures?

Hope Bancorp (HOPE) invested $9.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Hope Bancorp have outstanding?

Hope Bancorp (HOPE) had 121M shares outstanding as of fiscal year 2024.

What is Hope Bancorp's debt-to-equity ratio?

Hope Bancorp (HOPE) had a debt-to-equity ratio of 6.99 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hope Bancorp's return on assets (ROA)?

Hope Bancorp (HOPE) had a return on assets of 0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Hope Bancorp's Piotroski F-Score?

Hope Bancorp (HOPE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hope Bancorp's earnings high quality?

Hope Bancorp (HOPE) has an earnings quality ratio of 1.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Hope Bancorp?

Hope Bancorp (HOPE) scores 19 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.