
Hope Bancorp (HOPE) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
116.5M
Net Income
21.1M
18.11%
EPS (Diluted)
$0.17
Balance Sheet Metrics
Total Assets
17.1B
Total Liabilities
14.9B
Shareholders Equity
2.2B
Debt to Equity
6.90
Cash Flow Metrics
Operating Cash Flow
18.8M
Free Cash Flow
24.0M
Revenue & Profitability Trend
Hope Bancorp Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 473.9M | 571.4M | 629.8M | 556.4M | 514.1M |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 189.4M | 225.1M | 211.0M | 180.3M | 174.8M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 189.4M | 225.1M | 211.0M | 180.3M | 174.8M |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 133.0M | 177.9M | 296.0M | 275.3M | 142.3M |
Income Tax | 33.3M | 44.2M | 77.8M | 70.7M | 30.8M |
Effective Tax Rate % | 25.1% | 24.9% | 26.3% | 25.7% | 21.6% |
Net Income | 99.6M | 133.7M | 218.3M | 204.6M | 111.5M |
Net Margin % | 21.0% | 23.4% | 34.7% | 36.8% | 21.7% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $0.83 | $1.11 | $1.82 | $1.67 | $0.90 |
EPS (Diluted) | $0.82 | $1.11 | $1.81 | $1.66 | $0.90 |
Basic Shares Outstanding | 120583147 | 119906109 | 119824970 | 122321768 | 123501401 |
Diluted Shares Outstanding | 120583147 | 119906109 | 119824970 | 122321768 | 123501401 |
Income Statement Trend
Hope Bancorp Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 458.2M | 1.9B | 507.5M | 329.1M | 379.2M |
Short-term Investments | 0 | 2.1B | 2.0B | 2.7B | 2.3B |
Accounts Receivable | 51.2M | 61.7M | 55.5M | 41.8M | 59.4M |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | 39.6M | 46.7M | 55.2M | 52.8M | 47.8M |
Goodwill | 931.2M | 932.8M | 934.6M | 936.6M | 938.6M |
Intangible Assets | 2.3M | 3.9M | 5.7M | 7.7M | 9.7M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 17.1B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 93.8M | 168.2M | 26.7M | 4.3M | 14.7M |
Short-term Debt | - | - | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 392.6M | 2.0B | 1.2B | 678.9M | 610.8M |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 14.9B | - | - | - | - |
Equity | |||||
Common Stock | 138.0K | 138.0K | 137.0K | 136.0K | 136.0K |
Retained Earnings | 1.2B | 1.2B | 1.1B | 932.6M | 785.9M |
Treasury Stock | 264.7M | 264.7M | 264.7M | 250.0M | 200.0M |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 2.1B | 2.1B | 2.0B | 2.1B | 2.1B |
Key Metrics | |||||
Total Debt | 392.6M | 2.0B | 1.2B | 678.9M | 610.8M |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Hope Bancorp Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 99.6M | 133.7M | 218.3M | 204.6M | 111.5M |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | 8.9M | 12.3M | 12.3M | 8.4M | 8.1M |
Working Capital Changes | -70.0M | 216.4M | 64.6M | 42.7M | -84.5M |
Operating Cash Flow | 68.0M | 442.9M | 464.6M | 310.2M | 55.4M |
Investing Activities | |||||
Capital Expenditures | -9.8M | -13.1M | -9.1M | -7.2M | -5.0M |
Acquisitions | - | - | - | - | - |
Investment Purchases | -296.9M | -472.7M | -258.3M | -1.2B | -1.3B |
Investment Sales | 596.2M | 333.9M | 356.9M | 696.0M | 733.6M |
Investing Cash Flow | 290.1M | -158.9M | 89.9M | -458.2M | -562.5M |
Financing Activities | |||||
Share Repurchases | 0 | 0 | -14.7M | -50.0M | -36.8M |
Dividends Paid | -67.5M | -67.1M | -67.1M | -68.7M | -69.2M |
Debt Issuance | 1.9B | 41.6B | 40.3B | 2.3B | 1.4B |
Debt Repayment | -3.4B | -40.8B | -39.7B | -2.3B | -1.7B |
Financing Cash Flow | -1.6B | 643.6M | 479.7M | -72.0M | -485.8M |
Free Cash Flow | 106.9M | 460.7M | 476.4M | 317.0M | 160.9M |
Net Change in Cash | -1.3B | 927.6M | 1.0B | -219.9M | -992.9M |
Cash Flow Trend
Hope Bancorp Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
31.53
Forward P/E
9.20
Price to Book
0.64
Price to Sales
3.43
PEG Ratio
-0.15
Profitability Ratios
Profit Margin
10.11%
Operating Margin
-13.13%
Return on Equity
1.92%
Return on Assets
0.23%
Financial Health
Debt to Equity
0.11
Beta
0.92
Per Share Data
EPS (TTM)
$0.35
Book Value per Share
$17.36
Revenue per Share
$3.37
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
hope | 1.4B | 31.53 | 0.64 | 1.92% | 10.11% | 0.11 |
U.S. Bancorp | 75.1B | 11.55 | 1.38 | 11.67% | 27.00% | 1.34 |
Deutsche Bank AG | 71.6B | 13.04 | 0.91 | 8.14% | 20.55% | 6.12 |
Nicolet Bankshares | 2.0B | 15.60 | 1.71 | 11.89% | 37.26% | 0.11 |
OFG Bancorp | 2.0B | 10.48 | 1.49 | 15.20% | 31.43% | 0.38 |
City Holding Company | 1.9B | 15.68 | 2.47 | 16.84% | 40.61% | 0.69 |
Financial data is updated regularly. All figures are in the company's reporting currency.