Hope Bancorp

Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and medium-sized businesses and individuals. Its products and services include certificate of deposit, online banking, bill payment, mobile banking, credits card, and mortgage loans. The company was founded in February 2000 and is headquartered in Los Angeles, CA.

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hope Bancorp reports steady Q4 earnings, eyes loan growth in 2023

Hope Bancorp's Q4 performance reflects steady financial results with a focus on prudent lending practices and improving asset quality. The company faces challenges from higher deposit costs and expense management.
Opportunities lie in targeted loan growth strategies, asset quality improvements, and operational efficiency enhancements. Analyst inquiries highlight areas of interest and potential risks for the company's future.
Overall, Hope Bancorp's 2022 financial performance sets a foundation for navigating uncertainties in 2023 while capitalizing on growth opportunities in its loan portfolio and operational strategies.

Hope Bancorp posts solid Q1 results amidst net income growth

Hope Bancorp delivered strong financial performance in Q1 2023, maintaining healthy asset quality and capital ratios.
While facing challenges in net interest income and debt repayment, the company remains focused on enhancing liquidity and shareholder returns.
Strategic opportunities lie in driving loan growth, improving net interest income, and leveraging commercial lending for profitability.

Hope Bancorp reports $38M net income, focuses on growth strategies

Hope Bancorp delivered a solid performance in Q2 2023, showcasing profitability, prudent capital management, and liquidity strength
While facing challenges in deposit retention and cost efficiency, the company has opportunities to optimize revenue streams and enhance risk management practices
Investors can be optimistic about the company's financial resilience, dividend declaration, and strategic focus on sustainable growth
Overall, Hope Bancorp's performance reflects a balanced approach to navigating market dynamics and delivering value to stakeholders

Hope Bancorp reports steady Q3 earnings amidst strategic reorganization

Hope Bancorp's Q3 performance reflects stability in earnings, prudent cost management, and strategic adjustments in its asset mix.
While maintaining a strong capital position and liquidity, the company faces challenges in credit quality and operational restructuring.
Opportunities lie in cost-saving initiatives, business realignment for growth, and forthcoming guidance for 2024 outlook.

Hope Bancorp posts strong Q4 earnings, eyes growth opportunities

Hope Bancorp delivered strong financial performance in Q4 2023, with adjusted net income showing significant growth.
The company's strategic reorganization and strong capital position position it well for future opportunities.
While facing challenges such as expense management and credit risk, Hope Bancorp has opportunities for revenue growth and efficiency.
Overall, Hope Bancorp's performance highlights resilience and strategic focus amidst evolving market conditions.

Hope Bancorp to Acquire Territorial Bancorp, Eyes Growth Opportunities

Hope Bancorp's Q1 2024 performance reflected stable deposits, a slight decrease in the loan portfolio, and notable net income.
The pending acquisition of Territorial Bancorp offers strategic benefits, cost synergies, and growth potential for the company.
While facing challenges in revenue generation and asset quality, optimizing expenses and focusing on growth post-merger are key priorities.

Hope Bancorp reports solid Q2 earnings, eyes growth opportunities

Hope Bancorp delivered a solid performance in Q2 2024, maintaining stable deposits and improving net income.
While facing challenges in loan growth and interest rate management, the company showcased efficient cost control and asset quality.
Opportunities lie in leveraging residential mortgage growth, optimizing net interest margin, and diversifying noninterest income sources.
Overall, Hope Bancorp's performance reflects resilience and strategic positioning for future growth and profitability.

Hope Bancorp reports solid Q3 earnings amidst growth opportunities

Hope Bancorp's Q3 2024 performance reflects steady growth in key financial metrics and a focus on enhancing shareholder value.
While facing challenges in asset quality and credit risk management, the company remains well-positioned to capitalize on growth opportunities.
With a strong financial position and strategic initiatives in place, Hope Bancorp is poised for continued success in navigating market dynamics.

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Hope Bancorp, Inc. (HOPE) Q1 2023 Earnings Call Transcript.

Hope Bancorp, Inc. (HOPE) Q1 2023 Earnings Call Transcript

Hope Bancorp (HOPE) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.50 per share a year ago.

Hope Bancorp (HOPE) Q1 Earnings and Revenues Lag Estimates

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its first quarter ended March 31, 2023. For the three months ended March 31, 2023, net income totaled $39.1 million, or $0.33 per diluted common share. This compares with net income of $51.7 million, or $0.43 per diluted common share, in the preceding fourth quarter and $60.7 million, or $0.50 per diluted common share,.

Hope Bancorp Reports 2023 First Quarter Financial Results

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced the appointment of Julianna Balicka as Executive Vice President and Chief Financial Officer of the Company and Bank, effective immediately. David P. Malone, who stepped in as Interim Chief Financial Officer since January 6, 2023, has agreed to stay on through April 30, 2023, to assist in the transition process.

Hope Bancorp Appoints Julianna Balicka Chief Financial Officer

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) announced today that it is notifying holders of its 2.00% Convertible Senior Notes due 2038 (CUSIP NUMBER 43940TAB5) (the “Notes”) that they have the right to surrender their Notes for repurchase by the Company for cash pursuant to their option (the “Optional Put”) under the Indenture (the “Indenture”) dated as of May 11, 2018, between the Company and U.S.

Hope Bancorp Announces Notification to Holders of 2.00% Convertible Senior Notes of Their Contractual Put Right

Hope Bancorp (HOPE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Hope Bancorp (HOPE) Q1 Earnings Expected to Decline

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2023 first quarter after the markets close on Monday, April 24, 2023. A conference call to discuss 2023 first quarter financial results will be held on Tuesday, April 25, 2023 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.

Hope Bancorp to Report 2023 First Quarter Financial Results on Monday, April 24, 2023

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Senior Executive Vice President and Chief Operating Officer Peter Koh will be participating in the Piper Sandler 2023 Western Financial Services Conference in Del Mar, Calif., March 2, 2023. A copy of the investor presentation being used for the meetings will be available in the Investor Relations section of the Company's website at www.

Hope Bancorp to Participate in the Piper Sandler 2023 Western Financial Services Conference

Hope Bancorp, Inc. had a solid 2022 performance amidst the challenging environment. Liquidity remains in impeccable shape, but it must beware of its borrowings.

Hope Bancorp: Hope Is A Good Thing

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Senior Executive Vice President and Chief Operating Officer Peter Koh will be participating in the Keefe, Bruyette & Woods 2023 Winter Financial Services Conference in Boca Raton, Florida, February 15-17, 2023. A copy of the investor presentation being used for the meetings will be available in the Investor Relations section of the Company's website at www.ir-hopebancorp.com on February 15, 2023.

Hope Bancorp to Participate in the KBW 2023 Winter Financial Services Conference

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Hope Bancorp, Inc. (NASDAQ:HOPE ) Q4 2022 Earnings Conference Call January 24, 2023 12:30 PM ET Company Participants Angie Yang - Director, Investor Relations and Corporate Communications Kevin Kim - Chairman, President and Chief Executive Officer David Malone - Interim Chief Financial Officer Peter Koh - Senior Executive Vice President and Chief Operating Officer Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Timothy Coffey - Janney Operator Good day and welcome to the Hope Bancorp 2022 Fourth Quarter Earnings Conference Call.

Hope Bancorp, Inc. (HOPE) Q4 2022 Earnings Call Transcript

Hope Bancorp (HOPE) delivered earnings and revenue surprises of -4.44% and 3.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Hope Bancorp (HOPE) Misses Q4 Earnings and Revenue Estimates

LOS ANGELES--( BUSINESS WIRE )--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and full year ended December 31, 2022.

Hope Bancorp Reports 2022 Fourth Quarter and Full-Year Financial Results

Hope Bancorp (HOPE) Reports Next Week: Wall Street Expects Earnings Growth

LOS ANGELES--( BUSINESS WIRE )--Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced that Alex Ko has resigned from his position as Senior Executive Vice President and Chief Financial Officer of the Company and Bank, effective January 6, 2023, in order to pursue other opportunities. The resignation of Ko did not result from any disagreement with the Company, and Ko has agreed to serve as a consultant through March 31, 2023, to assist in the transition process.

Hope Bancorp Announces Resignation of Chief Financial Officer

LOS ANGELES--( BUSINESS WIRE )--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 fourth quarter and full year after the markets close on Monday, January 23, 2023.

Hope Bancorp to Report 2022 Fourth Quarter Financial Results on Monday, January 23, 2023

Hope Bancorp, Inc. (NASDAQ:HOPE ) Q3 2022 Earnings Conference Call October 25, 2022 12:30 PM ET Company Participants Angie Yang - Director, Investor Relations Kevin Kim - Chairman, President and Chief Executive Officer Alex Ko - Senior Executive Vice President and Chief Financial Officer Peter Koh - Senior Executive Vice President and Chief Operating Officer Conference Call Participants Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler Operator Good day and welcome to the Hope Bancorp 2022 Third Quarter Earnings Conference Call.

Hope Bancorp, Inc. (HOPE) Q3 2022 Earnings Call Transcript

Hope Bancorp (HOPE) delivered earnings and revenue surprises of 0% and 4.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Hope Bancorp (HOPE) Meets Q3 Earnings Estimates

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its third quarter and nine months ended September 30, 2022.

Hope Bancorp Reports 2022 Third Quarter Financial Results

Hope Bancorp (HOPE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Hope Bancorp (HOPE) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 third quarter after the markets close on Monday, October 24, 2022. A conference call to discuss 2022 third quarter financial results will be held on Tuesday, October 25, 2022 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time. A presentation deck to accompany the earnings call will be available at the Investor Relations section of Hope Bancorp's website at

Hope Bancorp to Report 2022 Third Quarter Financial Results on Monday, October 24, 2022

Strong job markets will sustain loan growth while high borrowing costs and home prices will limit loan growth. The large balance of variable-rate loans, maturity of certain hybrid-rate loans, and loan additions will likely lift the net interest margin in the second half of the year.

Hope Bancorp: Attractively Valued With A Positive Earnings Outlook

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