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Income Statement
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Common Size IS
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HOPE BANCORP INC (HOPE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  660.7528.2555.0627.7594.1529.8392.1291.3
        Interest income on investments  52.235.539.446.345.336.925.418.6
       716.1566.5598.9684.8650.2572.1421.9313.7
    Interest expense:  
        Interest on deposits  114.842.0110.4190.2135.074.948.133.4
        Interest on borrowings  11.52.66.9   7.65.6
       137.753.8131.4218.2162.290.758.640.6
Net interest income  578.4512.8467.5466.6487.9481.4363.4273.0
Provision for loan losses       17.49.08.0
Net interest income after provision for loan losses  578.4512.8467.5466.6487.9464.0354.4265.0
        Deposit and loan fees        16.012.2
        Gain on sale of investments, net        1.00.4
        Other non-interest income  51.443.653.449.760.266.434.931.1
Total non-interest income  51.443.653.449.760.266.451.843.7
Non-interest expenses  324.2293.3283.6282.6277.7266.6215.0153.4
Pre-tax income before non-recurring items  296.0277.4142.3226.4267.7265.6208.1156.9
Non-recurring items   2.1  12.21.816.91.5
Pre-tax income  296.0275.3142.3226.4255.5263.8191.2155.3
Income taxes  77.870.730.855.365.9124.477.563.1
            Tax rate  26.3%25.7%21.6%24.4%25.8%47.1%40.5%40.6%
Net income  218.3204.6111.5171.0189.6139.4113.792.3
            Net margin  34.7%36.8%21.4%33.1%34.6%26.3%28.0%29.9%
   
Basic EPS  $1.82$1.67$0.90$1.35$1.44$1.03$1.10$1.16
Diluted EPS  $1.81$1.66$0.90$1.35$1.44$1.03$1.10$1.16
   
Shares outstanding (basic)  119.8122.3123.5126.6131.7135.3103.379.5
Shares outstanding (diluted)  120.5123.1123.9126.9132.0135.7103.579.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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