Hope Historical Income Statement

HOPE Stock  USD 13.62  0.15  1.09%   
Historical analysis of Hope Bancorp income statement accounts such as Gross Profit of 1.1 B or Other Operating Expenses of 600 M can show how well Hope Bancorp performed in making a profits. Evaluating Hope Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hope Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hope Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hope Bancorp is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hope Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.

About Hope Income Statement Analysis

Hope Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hope Bancorp shareholders. The income statement also shows Hope investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hope Bancorp Income Statement Chart

At present, Hope Bancorp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 B, whereas EBIT is forecasted to decline to about 147.8 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Hope Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hope Bancorp minus its cost of goods sold. It is profit before Hope Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hope Bancorp. It is also known as Hope Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Hope Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hope Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hope Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.At present, Hope Bancorp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.1 B, whereas EBIT is forecasted to decline to about 147.8 M.
 2021 2022 2023 2024 (projected)
Total Revenue552.0M623.9M571.4M600.0M
Interest Expense53.8M137.7M523.0M549.2M

Hope Bancorp income statement Correlations

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0.420.910.650.370.830.840.640.00.9-0.590.950.56-0.070.870.21-0.570.5-0.30.160.880.750.2
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-0.240.12-0.07-0.460.50.460.490.060.430.010.220.760.26-0.01-0.210.41-0.380.160.120.1-0.06-0.22
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0.80.810.860.740.450.460.130.350.51-0.410.610.18-0.520.880.63-0.680.660.75-0.31-0.060.920.68
0.890.350.790.78-0.12-0.11-0.520.83-0.080.31-0.02-0.19-0.950.50.95-0.40.330.2-0.15-0.220.430.68
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Hope Bancorp Account Relationship Matchups

Hope Bancorp income statement Accounts

201920202021202220232024 (projected)
Interest Expense218.2M131.4M53.8M137.7M523.0M549.2M
Total Revenue511.3M514.1M552.0M623.9M571.4M600.0M
Gross Profit511.3M514.1M552.0M623.9M1.1B1.1B
Other Operating Expenses285.0M371.8M276.7M13.8M571.4M600.0M
Operating Income226.4M142.3M275.3M433.7M197.7M147.9M
Ebit226.4M142.3M275.3M433.7M197.7M147.8M
Ebitda226.4M154.5M301.3M453.8M1.8M1.7M
Total Operating Expenses(285.0M)(371.8M)(276.7M)13.8M571.4M600.0M
Income Before Tax226.4M142.3M275.3M296.0M177.9M106.4M
Total Other Income Expense Net(218.2M)(131.4M)(53.8M)(137.7M)(19.8M)(20.8M)
Net Income171.0M111.5M204.6M218.3M133.7M71.6M
Income Tax Expense55.3M30.8M70.7M77.8M44.2M34.9M
Depreciation And Amortization10.5M12.2M26M20.1M(195.9M)(186.1M)
Selling General Administrative175.8M177.8M190.6M211.0M225.1M236.4M
Selling And Marketing Expenses9.1M6.3M8.7M7.5M258.1M271.0M
Net Income Applicable To Common Shares171.0M111.5M204.6M218.3M251.0M263.6M
Net Income From Continuing Ops171.0M111.5M204.6M218.3M158.9M142.2M
Tax Provision55.3M30.8M70.7M77.8M55.3M55.2M
Net Interest Income466.6M467.5M512.8M578.4M550.5M511.1M
Interest Income684.8M598.9M566.5M716.1M1.0B675.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hope Bancorp is a strong investment it is important to analyze Hope Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hope Bancorp's future performance. For an informed investment choice regarding Hope Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hope Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hope Bancorp. If investors know Hope will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hope Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.56
Earnings Share
0.84
Revenue Per Share
4.018
Quarterly Revenue Growth
(0.11)
The market value of Hope Bancorp is measured differently than its book value, which is the value of Hope that is recorded on the company's balance sheet. Investors also form their own opinion of Hope Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hope Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hope Bancorp's market value can be influenced by many factors that don't directly affect Hope Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hope Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hope Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hope Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.