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Hope Bancorp HOPE Lessee Operating Lease Optionto Extend Numberof Leases Extended

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Other financials

Income statement

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Revenue$147.8M+56.4%
Net income$33.0M+233%
EPS (diluted)$0.26+237%

Balance sheet

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Cash & equivalents$640.4M-7.1%
Total debt$639.7M+218%
Total equity$2.3B+3.1%
Total assets$19.0B+2.4%

Cash flow

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Operating cash flow$60.4M+553%
CapEx$4.4M+77.3%
Free cash flow$56.0M+728%

Valuation

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Market cap$1.79B+39.8%
Enterprise value$1.79B+126%
P/E14×-14.5×
P/S3.1×+0.2×

Profitability

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Net margin22.2%+12.1pp
FCF margin32.7%+1.7pp

Returns & leverage

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Return on equity5.7%+3.6pp
Debt / equity0.3×+0.2×

Where this comes from

Reported directly by Hope Bancorp in its filing.

Tagged under the XBRL concept hope:LesseeOperatingLeaseOptiontoExtendNumberofLeasesExtended.

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

The Company uses its incremental borrowing rate to present value lease payments in order to recognize a ROU asset and the related lease liability. The Company calculates its incremental borrowing rate by adding a spread to the FHLB borrowing interest rate at a given period. During the six months ended June 30, 2026, the Company extended eight leases and entered into three new lease contracts, two of which had not yet commenced. Lease extension terms were up to 7 years each and the Company reassessed the ROU assets and lease liabilities related to these leases.

Item 1.Financial Statements

FAQ

What is Hope Bancorp's lessee operating lease optionto extend numberof leases extended?
Hope Bancorp (HOPE) reported lessee operating lease optionto extend numberof leases extended of $4 in Q2 2026.
How has Hope Bancorp's lessee operating lease optionto extend numberof leases extended changed year-over-year?
Hope Bancorp's lessee operating lease optionto extend numberof leases extended increased by 33.3% year-over-year, from $3 to $4.
What does lessee operating lease optionto extend numberof leases extended mean?
Lessee Operating Lease Optionto Extend Numberof Leases Extended as reported by Hope Bancorp, Inc..

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