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Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and syndicated and leveraged loans services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and automated clearing house origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $499M | - | $62M | $151M | 2.7% | 5.2% | -38.2% |
| 2024 | $474M | - | $100M | $107M | 4.7% | -17.1% | -25.5% |
| 2023 | $571M | - | $134M | $461M | 6.3% | -9.3% | -38.8% |
| 2022 | $630M | - | $218M | $476M | 10.8% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 629.82 | 571.44 | 473.92 | 498.70 |
| Pretax Income | - | 296.05 | 177.89 | 132.96 | 77.28 |
| Tax Provision | - | 77.77 | 44.21 | 33.33 | 15.69 |
| Net Income | - | 218.28 | 133.67 | 99.63 | 61.59 |
| Net Income Common Stockholders | - | 218.28 | 133.67 | 99.63 | 61.59 |
| Interest Expense | - | 137.69 | 523.02 | 526.13 | 468.93 |
| Interest Income | - | 716.12 | 1,048.88 | 953.98 | 941.16 |
| Selling General And Administration | - | 210.97 | 225.14 | 189.36 | 224.40 |
| Normalized Income | - | 218.28 | 142.37 | 103.09 | 78.75 |
| Market Cap | 1,590.38 | 1,590.38 | 1,590.38 | 1,590.38 | 1,590.38 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Hope Bancorp, Inc.this co. | HOPE | - | 25.82↑ premium | 0.70 | 2.7% | - |
| Silvercrest Asset Management Group Inc. | SAMG | $107M | 23.59 | 2.04 | 5.8% | 9.86 |
| Sound Financial Bancorp, Inc. | SFBC | $98M | 14.04 | 0.96 | 6.5% | - |
| Kestrel Group Ltd | KG | $89M | 1.12 | 0.58 | 36.4% | - |
| Vroom, Inc. | VRM | $80M |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.69 |
| -45.5% |
| 57.65 |
| Siebert Financial Corp. | SIEB | $72M | 13.46 | 0.79 | 5.7% | - |
| eHealth, Inc. | EHTH | $62M | - | 0.10 | 6.8% | 7.11 |
| MarketWise, Inc. | MKTW | $47M | 7.64 | -3.69 | -2.6% | -3.48 |
| GoHealth, Inc. | GOCO | $31M | - | 0.45 | 4834.1% | -7.69 |
| Peer Median | - | 13.46 | 0.63 | 6.1% | 7.11 | |