secwatch.observer — SEC 8-K summary
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Issuer:     HOPE BANCORP INC (HOPE)
CIK:        0001128361
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001128361-23-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hope Bancorp Q4 net income $51.7M ($0.43 EPS); declares $0.14 dividend; criticized loans down 8%
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- Q4 net income $51.7M ($0.43 diluted EPS) vs Q3 $53.7M ($0.45) and year-ago $51.6M ($0.43).
- Full year 2022 net income $218.3M ($1.81 EPS) vs 2021 $204.6M ($1.66 EPS).
- Loan originations $793M (commercial 54%); loans receivable -0.6% QoQ but +10.4% YoY.
- Criticized loans -8.0% QoQ; nonperforming assets -28.4% QoQ to 0.36% of total assets.
- Quarterly cash dividend $0.14 per share declared; payable Feb 16, record Feb 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128361/000112836123000007/0001128361-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128361/000112836123000007/hope-20230123.htm
  HTML page:      https://secwatch.observer/filing/0001128361-23-000007

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