Hope Bancorp HOPE Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Hope Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Hope Bancorp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hope Bancorp's bank owned life insurance?
- Hope Bancorp (HOPE) reported bank owned life insurance of $141.39M in Q1 2026.
- How has Hope Bancorp's bank owned life insurance changed year-over-year?
- Hope Bancorp's bank owned life insurance increased by 56.1% year-over-year, from $90.57M to $141.39M.
- What is the long-term trend for Hope Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Hope Bancorp's bank owned life insurance has grown at a 12.9% compound annual growth rate (CAGR), from $76.77M to $140.72M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or executives. It functions as a tax-advantaged asset that helps offset the costs of employee benefit programs and provides a stable, long-term return on capital.