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Hope Bancorp (Hope Bancorp) Total Assets : $18,088.2 Mil (As of Mar. 2024)


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What is Hope Bancorp Total Assets?

Hope Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $18,088.2 Mil.

During the past 12 months, Hope Bancorp's average Total Assets Growth Rate was -9.20% per year. During the past 3 years, the average Total Assets Growth Rate was 1.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.30% per year. During the past 10 years, the average Total Assets Growth Rate was 11.80% per year.

During the past 13 years, Hope Bancorp's highest 3-Year average Total Assets Growth Rate was 46.00%. The lowest was 1.40%. And the median was 17.20%.

Total Assets is connected with ROA %. Hope Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.56%. Total Assets is also linked to Revenue through Asset Turnover. Hope Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


Hope Bancorp Total Assets Historical Data

The historical data trend for Hope Bancorp's Total Assets 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 Total Assets Chart

Hope Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,667.44 17,106.66 17,889.06 19,164.49 19,131.52

Hope Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 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 20,568.88 20,366.14 20,076.36 19,131.52 18,088.21

Hope Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hope Bancorp's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=2121.243+17010.279
=19,131.5

Hope Bancorp's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=2112.27+15975.944
=18,088.2

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Hope Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=103.456/( (19131.522+18088.214)/ 2 )
=103.456/18609.868
=0.56 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hope Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=123.333/( (19131.522+18088.214)/ 2 )
=123.333/18609.868
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hope Bancorp Total Assets Related Terms

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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

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