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Hope Bancorp HOPE Business Segments — Communications and Information Technology
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Where this comes from
Reported directly by Hope Bancorp in its filing.
Tagged under the XBRL concept us-gaap:CommunicationsAndInformationTechnology.
The source filing: Hope Bancorp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:30 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001128361-26-000037
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Salaries and employee benefits | 56,901 | 52,834 | 113,124 | 101,294 |
| Occupancy, furniture and equipment | 11,353 | 11,093 | 21,919 | 19,929 |
| Software and subscriptions | 7,144 | 6,067 | 13,429 | 10,655 |
| Data and item processing | 3,206 | 3,143 | 6,774 | 5,505 |
| Amortization of investments in affordable housing partnerships | 2,554 | 2,430 | 5,028 | 4,391 |
| Federal Deposit Insurance Corporation (“FDIC”) assessments | 2,783 | 2,488 | 5,597 | 4,990 |
| FDIC special assessment (reversal) | — | — | (58) | — |
| Earned interest credit expense | 2,501 | 3,310 | 4,884 | 6,397 |
Item 1.Financial Statements
FAQ
- What is Hope Bancorp's business segments — communications and information technology?
- Hope Bancorp (HOPE) reported business segments — communications and information technology of $3.21M in Q2 2026.
- How has Hope Bancorp's business segments — communications and information technology changed year-over-year?
- Hope Bancorp's business segments — communications and information technology increased by 2.0% year-over-year, from $3.14M to $3.21M.
- What is the long-term trend for Hope Bancorp's business segments — communications and information technology?
- Over 3 years (2022 to 2025), Hope Bancorp's business segments — communications and information technology has grown at a 2.4% compound annual growth rate (CAGR), from $10.68M to $11.47M.
- What does business segments — communications and information technology mean?
- This covers expenses related to the segment's data processing, network infrastructure, and telecommunications systems. It reflects the operational cost of maintaining the connectivity and data security required for modern banking services. Effective management of these costs is essential for maintaining a secure and reliable digital banking environment.
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