Hope Bancorp Inc 2025年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGEACT OF 1934 For the quarterly period ended March 31, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGEACT OF 1934 Commission File Number: 000-50245 (Exact name of registrant as specified in its charter) 95-4849715 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 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: NASDAQ Global Select Market (Trading Symbol) (Name of exchange on which registered) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File requiredto be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 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, a smaller reporting company, or an emerging growth company. See the definitions of “largeaccelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act. (Check one): Large accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐No☒ At April 30, 2025, there were 128,056,081 shares of Hope Bancorp, Inc. common stock outstanding. Table of Contents Page PART I - FINANCIAL INFORMATION Item 1.FINANCIAL STATEMENTS Consolidated Statements of Financial Condition (Unaudited)4Consolidated Statements of Income (Unaudited)6Consolidated Statements of Comprehensive Income (Unaudited)7Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)8Consolidated Statements of Cash Flows (Unaudited)9Notes toConsolidated Financial Statements (Unaudited)1. Basis of Presentation102. Investment Securities113. Equity Investments154. Loans Receivable and Allowance for Credit Losses165. Goodwill, Intangible Assets, and Servicing Assets266. Deposits287. Borrowings298. Convertible Notes and Subordinated Debentures309. Commitments and Contingencies3210. Stockholders’ Equity3311. Earnings Per Share (“EPS”)3412. Segment Reporting3513. Revenue Recognition3614. Stock-Based Compensation3715. Income Taxes3916. Derivative Financial Instruments4017. Fair Value Measurements4318. Leases51 19. Investments in Tax Credit Structures5320. Regulatory Matters5421. Subsequent Events56Item 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTS OF OPERATIONS57Item 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK78Item 4.CONTROLS AND PROCEDURES80PART II - OTHER INFORMATIONItem 1.LEGAL PROCEEDINGS81Item 1A.RISK FACTORS81Item 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS82Item 3.DEFAULTS UPON SENIOR SECURITIES82Item 4.MINE SAFETY DISCLOSURES82Item 5.OTHER INFORMATION82Item 6.EXHIBITS82INDEX TO EXHIBITS83SIGNATURES842 Forward-Looking Statements Certain statements in this Quarterly Report on Form 10-Q may constitute forward-looking statements within themeaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Actof 1934, as amended. These forward-looking statements relate to, among other things, expectations regarding thebusiness environment in which we operate, projections of future performance, perceived opportunities in the market,and statements regarding our business strategies, objectives and vision. Forward-looking statements include, butare not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,”“anticipates,” “intends,” “plans,” “projects,” “forecasts,” “estimates” and similar expressions. With respect toany such forward-looking statements, Hope Bancorp, Inc. (the “Company”) claims the protection provided for inthe Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, trends,uncertainties, and factors that are beyond the Company’s control or ability to predict. The Company’s actualresults, perfor