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Hope Bancorp HOPE Business Segments — Labor and Related Expense
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Where this comes from
Reported directly by Hope Bancorp in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|
| Noninterest expense | (98,464) | (109,473) | (192,919) | (193,334) |
| Income (loss) before income taxes | $42,585 | $(26,066) | 80,504 | 1,778 |
| Significant segment expenses | ||||
| 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 |
| Merger-related costs | 2,058 | 17,281 | 2,292 | 19,800 |
Item 1.Financial Statements
FAQ
- What is Hope Bancorp's business segments — labor and related expense?
- Hope Bancorp (HOPE) reported business segments — labor and related expense of $56.9M in Q2 2026.
- How has Hope Bancorp's business segments — labor and related expense changed year-over-year?
- Hope Bancorp's business segments — labor and related expense increased by 7.7% year-over-year, from $52.83M to $56.9M.
- What is the long-term trend for Hope Bancorp's business segments — labor and related expense?
- Over 3 years (2022 to 2025), Hope Bancorp's business segments — labor and related expense has grown at a 1.5% compound annual growth rate (CAGR), from $204.72M to $214.11M.
- What does business segments — labor and related expense mean?
- This includes all costs associated with the segment's workforce, such as salaries, bonuses, benefits, and payroll taxes. It reflects the human capital investment required to operate the segment's business model and deliver services to clients. High labor costs relative to revenue may indicate a need for improved productivity or automation.
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