---
schema_version: "secwatch.filing_event.v1"
accession: "0001128361-24-000002"
form_type: "8-K"
ticker: "HOPE"
cik: "0001128361"
company_name: "HOPE BANCORP INC"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:40:54.600330+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hope Bancorp Q4 net income $26.5M; adjusted $38.3M (+26% QoQ); declares $0.14 dividend

## Summary
- Net income $26.5M ($0.22 diluted EPS) vs $30.0M in Q3 2023; full-year net income $133.7M ($1.11 EPS).
- Excluding FDIC assessment ($3.1M after tax) and restructuring ($8.7M), adjusted net income $38.3M ($0.32 EPS), up 26% QoQ.
- Net interest margin fell 13 bps to 2.70% on higher deposit costs; net interest income down 7% QoQ to $125.9M.
- Credit quality improved: nonperforming assets down 26%, criticized loans down 11% QoQ; net charge-offs 5 bps annualized.
- Board declared $0.14 quarterly dividend, payable Feb 23 to holders of record Feb 9; tangible book value up 6% YoY.

## SEC filing metadata
- accession: 0001128361-24-000002
- form_type: 8-K
- ticker: HOPE
- cik: 0001128361
- company_name: HOPE BANCORP INC
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128361/000112836124000002/0001128361-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128361/000112836124000002/hope-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001128361-24-000002
- JSON: https://secwatch.observer/filing/0001128361-24-000002.json
- Plain text: https://secwatch.observer/filing/0001128361-24-000002.txt

## Key facts
- Earnings Releases
  HOPE BANCORP INC reported the fourth quarter ended December 31, 2023 results: net income $26.5 million, EPS $0.22 per diluted common share.
  - Period: the fourth quarter ended December 31, 2023
  - Net income: $26.5 million
  - EPS: $0.22 per diluted common share
  - Result: reported results
  source text: For the three months ended December 31, 2023, net income totaled $26.5 million, or $0.22 per diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128361/000112836124000002/0001128361-24-000002-index.htm
- Earnings Releases
  HOPE BANCORP INC reported the full year ended December 31, 2023 results: net income $133.7 million, EPS $1.11 per diluted common share.
  - Period: the full year ended December 31, 2023
  - Net income: $133.7 million
  - EPS: $1.11 per diluted common share
  - Result: reported results
  source text: For the full year ended December 31, 2023, net income totaled $133.7 million, or $1.11 per diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128361/000112836124000002/0001128361-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
