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Hope Bancorp (Hope Bancorp) Revenue

: $571.4 Mil (TTM As of Dec. 2023)
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Hope Bancorp's revenue for the three months ended in Dec. 2023 was $135.2 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $571.4 Mil. Hope Bancorp's Revenue per Share for the three months ended in Dec. 2023 was $1.12. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.75.

Warning Sign:

Hope Bancorp Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Hope Bancorp was -9.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Hope Bancorp's highest 3-Year average Revenue per Share Growth Rate was 46.70% per year. The lowest was -9.20% per year. And the median was 3.00% per year.


Hope Bancorp Revenue Historical Data

The historical data trend for Hope Bancorp's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hope Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 511.30 514.11 556.36 629.82 571.44

Hope Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 162.63 144.86 147.70 143.68 135.20

Competitive Comparison

For the Banks - Regional subindustry, Hope Bancorp's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hope Bancorp Revenue Distribution

For the Banks industry and Financial Services sector, Hope Bancorp's Revenue distribution charts can be found below:

* The bar in red indicates where Hope Bancorp's Revenue falls into.



Hope Bancorp Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $571.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hope Bancorp  (NAS:HOPE) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Hope Bancorp Revenue Related Terms

Thank you for viewing the detailed overview of Hope Bancorp's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Hope Bancorp (Hope Bancorp) Business Description

Traded in Other Exchanges
Address
3200 Wilshire Boulevard, Suite 1400, Los Angeles, CA, USA, 90010
Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services and other banking services.
Executives
Thomas Stenger officer: EVP, Chief Risk Officer 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Angelee Harris officer: EVP, General Counsel 525 J STREET, SACRAMENTO CA 95814
Dale S. Zuehls director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010
Julianna Balicka officer: EVP, CFO 3200 WILSHIRE BLVD. STE. 1400, LOS ANGELES CA 90010
William J Lewis director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Mary E Thigpen director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Steven Koh director 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
Joon Kyung Kim director 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Chung Hyun Lee director 3435 WILSHIRE BLVD SUITE 700, LOS ANGELES CA 90010
Alex Ko officer: EVP, Deputy CFO 3200 WILSHIRE BOULEVARD, 14TH FLOOR, LOS ANGELES CA 30010
Hung Quoc Van officer: EVP, Chief Information Officer 2954 COLERIDGE CIR, PASADENA CA 91107
James Hwang director 5669 LAKESHORE DR, FRISCO TX 75036
Jason K Kim officer: EVP, Chief Lending Officer 3435 WILSHIRE BLVD., SUITE 700, LOS ANGELES CA 90010
Peter Koh officer: EVP, Chief Credit Officer 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
David P Malone director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010