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HOPE BANCORP INC [HOPE] reports annual net loss of $133.7 million

HOPE BANCORP INC [HOPE] reports annual net loss of $133.7 million

Company Reports Revenue of $1.0 billion

By USInMinutes
Published - Feb 29, 2024, 07:53 AM ET
Last Updated - Feb 29, 2024, 07:53 AM EST

HOPE BANCORP INC [HOPE] has reported a net loss of $133.7 million for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $1.0 billion

Based in LOS ANGELES, California, HOPE BANCORP INC operates in the FINANCE sector.

In the Consolidated Statements Of Income for the 12 Months Ended December 31, 2023, the financial figures are presented in USD thousands.

Interest Income:

- Interest and fees on loans totaled $892.563 million, compared to $660.732 million in the same period in 2022 and $528.174 million in 2021.

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