secwatch.observer — SEC 8-K summary
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Issuer:     HOPE BANCORP INC (HOPE)
CIK:        0001128361
Form:       8-K
Filed at:   2022-07-19T23:59:59+00:00
Accession:  0001128361-22-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Hope Bancorp Q2 net income $52.1M ($0.43 EPS); record loan originations $1.29B
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- Net income of $52.1M, down from $60.7M in Q1; diluted EPS $0.43 vs $0.50 prior quarter.
- Net interest income $141.5M (+6% QoQ); net interest margin expanded 15 bps to 3.36%.
- Record loan originations of $1.29B (+25% QoQ); net loans $14.4B, up 16% annualized excl. PPP.
- Deposits grew 3.5% to $15.0B; cost of deposits rose 9 bps to 0.33%.
- Board declared $0.14/share quarterly dividend, payable Aug 12 to holders of record Jul 29.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128361/000112836122000032/0001128361-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128361/000112836122000032/hope-20220719.htm
  HTML page:      https://secwatch.observer/filing/0001128361-22-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer