Hankey Group is comprised of seven operating companies with over 1,800 employees, all headquartered in Los Angeles, California. Don Hankey founded six of the companies and purchased the seventh in 1988. Hankey Group’s total assets for 2012 exceed $2.2 billion. 

The Hankey Group companies strive to maintain a return on equity, before tax, of 30%, and an annual growth rate of 20%. Operating with low leverage has enabled us to realize record profit margins and expand our business during the recent downturn. Hankey Group’s profit forecast for 2013 is a gain of 10%. This gain follows profit gains of 91%, 56% and 23% in 2010, 2011 and 2012.

Major Lines of Credit – 2012

TRACKING 2012-1(S&P AAA rating) - $300 million issued
2011-1 ABS (S&P AAA rating) - $250 million issued
2010-1 ABS (S&P AAA rating) - $120 million issued
Wells Fargo
$550 million
Royal Bank of Scotland
$200 million
Bank of America
$149 million
Comerica
$140 million
JP Morgan
$100 million
California Bank & Trust
$75 million
First Tennessee Bank
$30 million

Results for 2012 (Tracking)

Assets
$2.2 billion
Number of employees
1,878
2012 Assets Growth Rate
28%
2012 Sales Growth Rate
38%
2012 Profit Growth Rate
23%
2012 Net Worth Growth Rate
24%
Average Return on Equity since 1980
36%