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Hope Bancorp (Hope Bancorp) Scaled Net Operating Assets : -0.01 (As of Mar. 2024)


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What is Hope Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hope Bancorp's operating assets for the quarter that ended in Mar. 2024 was $14,886.5 Mil. Hope Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $15,022.0 Mil. Hope Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $19,131.5 Mil. Therefore, Hope Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.01.

Hope Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hope Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(17202.555-15053.614)/19164.491
=0.11

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=19131.522 - 1928.967
=17202.555

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17010.279 - 1956.665 - 0
=15053.614

Hope Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(14886.529-15021.969)/19131.522
=-0.01

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18088.214 - 3201.685
=14886.529

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15975.944 - 953.975 - 0
=15021.969

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hope Bancorp Scaled Net Operating Assets Related Terms

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Hope Bancorp (Hope Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hope Bancorp Inc (NAS:HOPE) » Definitions » Scaled Net Operating Assets
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TCBK STBA SRCE STEL WABC NIC BUSE FBNC SYBT VBTX NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
NRB:Germany
Address
3200 Wilshire Boulevard, Suite 1400, Los Angeles, CA, USA, 90010
Website
https://www.bankofhope.com
Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services and other banking services.
Executives
Thomas Stenger officer: EVP, Chief Risk Officer 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Angelee Harris officer: EVP, General Counsel 525 J STREET, SACRAMENTO CA 95814
Dale S. Zuehls director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010
Julianna Balicka officer: EVP, CFO 3200 WILSHIRE BLVD. STE. 1400, LOS ANGELES CA 90010
William J Lewis director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Mary E Thigpen director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Steven Koh director 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
Joon Kyung Kim director 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Chung Hyun Lee director 3435 WILSHIRE BLVD SUITE 700, LOS ANGELES CA 90010
Alex Ko officer: EVP, Deputy CFO 3200 WILSHIRE BOULEVARD, 14TH FLOOR, LOS ANGELES CA 30010
Hung Quoc Van officer: EVP, Chief Information Officer 2954 COLERIDGE CIR, PASADENA CA 91107
James Hwang director 5669 LAKESHORE DR, FRISCO TX 75036
Jason K Kim officer: EVP, Chief Lending Officer 3435 WILSHIRE BLVD., SUITE 700, LOS ANGELES CA 90010
Peter Koh officer: EVP, Chief Credit Officer 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
David P Malone director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010