Hope Bancorp Inc 2024年度报告

☐ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the fiscal year ended December 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period from ______ to ______ Commission File Number: 000-50245________________________________________ HOPE BANCORP, INC. (Exact name of registrant as specified in its charter)_________________________________________ 95-4849715 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 3200 Wilshire Boulevard, Suite 1400Los Angeles, California 90010 (Address of principal executives offices, including zip code) (213) 639-1700(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common Stock, par value $0.001 per shareHOPENASDAQ Global Select Market(Title of class)(Trading Symbol)(Name of exchange on which registered) Securities registered pursuant to Section 12(g) of the Act: None______________________________________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 ofthe Securities Act.Yes☐No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 orSection 15(d) of the Act.Yes☐No☐ Indicate by check mark whether the registrant (1) has filed all reports required to be filed bySection 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.Yes☐No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive DataFile required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See definition of “largeaccelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” inRule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐ Smaller reporting company☐ Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act.☐ Indicateby check mark whether the registrant has filed a report on and attestation to itsmanagement’s assessment of the effectiveness of its internal control over financial reporting underSection 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firmthat prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required arecovery analysis of incentive-based compensation received by any of the registrant’s executive officersduring the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of theAct).Yes☐No☐ The aggregate market value of the common stock held by non-affiliates of the registrant based uponthe closing sale price of the common stock as of the last business day of the registrant’s most recentlycompleted second fiscal quarter, June 30, 2024, as reported on the NASDAQ Global Select Market, wasapproximately $1,234,224,507. Number of shares outstanding of the registrant’s common stock as of February 19, 2025:120,767,793 Documents Incorporated by Reference: The information required in Part III, Items 10 through 14 isincorporated herein by reference to the registrant’s definitive proxy statement for the 2025 annual meetingof stockholders which will be filed with the Securities and Exchange Commission within 120 days of theregistrant’s fiscal year end. Hope Bancorp, Inc. Form 10-KFor the Year Ended December 31, 2024 Table of Contents Forward-Looking Information2 PART I Item 1.Business4Item 1A.Risk Factors17Item 1B.Unresolved Staff Comments26Item 1C.Cybersecurity26Item 2.Properties28Item 3.Legal Proceedings28Item 4.Mine Safety Disclosures28 PART II Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters andIssuer Purchases of Equity Securities29Item 6.[RESERVED]29Item 7.Management’s Discussion and Analysis of Financial Condition and Results ofOperations30Item 7A.Quantitative and Qualitative