Hope Bancorp Management
Management criteria checks 4/4
Hope Bancorp's CEO is Kevin Kim, appointed in Mar 2013, has a tenure of 11.75 years. total yearly compensation is $3.01M, comprised of 34.9% salary and 65.1% bonuses, including company stock and options. directly owns 0.65% of the company’s shares, worth $9.69M. The average tenure of the management team and the board of directors is 5 years and 9.3 years respectively.
Key information
Kevin Kim
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 34.9% |
| CEO tenure | 11.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 5yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Hope Bancorp (NASDAQ:HOPE) Is Due To Pay A Dividend Of $0.14
Oct 31
Hope Bancorp: Dividend Yield Is Attractive, Acquisition Is The Biggest Catalyst
May 06Hope Bancorp (NASDAQ:HOPE) Is Paying Out A Dividend Of $0.14
May 02Hope Bancorp: Deposits Drop, So Does Shareholder Confidence
Feb 02Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of $0.14
Oct 26Hope Bancorp (NASDAQ:HOPE) Is Paying Out A Dividend Of $0.14
Jul 27Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of $0.14
Apr 28Is Now The Time To Put Hope Bancorp (NASDAQ:HOPE) On Your Watchlist?
Mar 08Hope Bancorp (NASDAQ:HOPE) Is Paying Out A Dividend Of $0.14
Jan 27Hope Bancorp: Attractively Valued With A Positive Earnings Outlook
Sep 15Do Hope Bancorp's (NASDAQ:HOPE) Earnings Warrant Your Attention?
Jul 20Hope Bancorp GAAP EPS of $0.43 beats by $0.02, revenue of $154.29M beats by $4.22M
Jul 19Hope Bancorp: Strong Topline Growth Likely To Compensate For Above-Average Provisioning
Jun 29Hope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of US$0.14
Apr 22Hope Bancorp: Leading Korean Bank
Feb 09Hope Bancorp: Expansion Efforts, Well-Positioned Portfolio To Bear Fruit This Year
Feb 03Hope Bancorp (NASDAQ:HOPE) Has Announced A Dividend Of US$0.14
Jan 28Hope Bancorp (NASDAQ:HOPE) Has Affirmed Its Dividend Of US$0.14
Oct 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$102m |
| Jun 30 2024 | n/a | n/a | US$108m |
| Mar 31 2024 | n/a | n/a | US$120m |
| Dec 31 2023 | US$3m | US$1m | US$134m |
| Sep 30 2023 | n/a | n/a | US$159m |
| Jun 30 2023 | n/a | n/a | US$183m |
| Mar 31 2023 | n/a | n/a | US$197m |
| Dec 31 2022 | US$4m | US$1m | US$218m |
| Sep 30 2022 | n/a | n/a | US$218m |
| Jun 30 2022 | n/a | n/a | US$220m |
| Mar 31 2022 | n/a | n/a | US$222m |
| Dec 31 2021 | US$3m | US$1m | US$205m |
| Sep 30 2021 | n/a | n/a | US$181m |
| Jun 30 2021 | n/a | n/a | US$156m |
| Mar 31 2021 | n/a | n/a | US$129m |
| Dec 31 2020 | US$3m | US$1m | US$112m |
| Sep 30 2020 | n/a | n/a | US$126m |
| Jun 30 2020 | n/a | n/a | US$138m |
| Mar 31 2020 | n/a | n/a | US$154m |
| Dec 31 2019 | US$3m | US$950k | US$171m |
| Sep 30 2019 | n/a | n/a | US$172m |
| Jun 30 2019 | n/a | n/a | US$176m |
| Mar 31 2019 | n/a | n/a | US$181m |
| Dec 31 2018 | US$3m | US$916k | US$190m |
| Sep 30 2018 | n/a | n/a | US$163m |
| Jun 30 2018 | n/a | n/a | US$161m |
| Mar 31 2018 | n/a | n/a | US$154m |
| Dec 31 2017 | US$2m | US$804k | US$139m |
Compensation vs Market: Kevin's total compensation ($USD3.01M) is below average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Kim (66 yo)
11.8yrs
Tenure
US$3,007,465
Compensation
Mr. Kevin Sung Kim has been the Chief Executive Officer and President of Hope Bancorp, Inc. since March 7, 2013 and serves as its Executive Director since December 2011. Mr. Kim has been Chairman of the Bo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.8yrs | US$3.01m | 0.65% $ 9.7m | |
| Executive VP & CFO | 1.7yrs | US$815.25k | 0.0027% $ 39.7k | |
| Senior EVP & COO | 3.7yrs | US$873.83k | 0.083% $ 1.2m | |
| Senior EVP & Chief Risk Officer | 5.8yrs | US$949.87k | 0.0035% $ 51.8k | |
| Senior EVP & Chief Commercial Banking Officer of Bank of Hope | 19.2yrs | US$842.29k | 0.052% $ 779.0k | |
| Executive VP and Chief Strategy & Administrative Officer | 7.6yrs | no data | no data | |
| Senior VP and Director of IR & Corporate Communications | no data | no data | no data | |
| Executive VP | 4.2yrs | no data | 0.016% $ 244.8k | |
| Senior EVP & President of Western Regional of Bank of Hope | 3.7yrs | US$343.35k | no data | |
| Executive VP & Chief Internal Audit Executive | no data | no data | no data |
5.0yrs
Average Tenure
56.5yo
Average Age
Experienced Management: HOPE's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.5yrs | US$3.01m | 0.65% $ 9.7m | |
| Honorary Chairman of the Board | 8.4yrs | US$180.60k | 2.68% $ 40.0m | |
| Independent Director | 10.3yrs | US$137.40k | 0.029% $ 433.0k | |
| Independent Director | 8.4yrs | US$137.40k | 0.42% $ 6.2m | |
| Director | 10.6yrs | US$311.88k | 0.062% $ 930.6k | |
| Non-Independent Director | 3yrs | US$123.00k | 0.037% $ 548.3k | |
| Lead Independent Director | 17.2yrs | US$195.00k | 0.082% $ 1.2m | |
| Independent Director | 8.4yrs | US$123.00k | 0.48% $ 7.2m | |
| Independent Director | 10.8yrs | US$137.40k | 0.035% $ 522.3k | |
| Independent Director | 10.2yrs | US$123.00k | 0.010% $ 149.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.2yrs | US$137.40k | 0.018% $ 274.8k |
9.3yrs
Average Tenure
70.5yo
Average Age
Experienced Board: HOPE's board of directors are considered experienced (9.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Hope Bancorp, Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Winter | BMO Capital Markets Equity Research |
| Leanne Caravaggio | BMO Capital Markets Equity Research |
| Lana Chan | BMO Capital Markets U.S. (Historical) |