secwatch.observer — SEC 8-K summary
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Issuer:     HOPE BANCORP INC (HOPE)
CIK:        0001128361
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001128361-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Hope Bancorp Q3 net income $24.2M ($0.20 EPS); declares $0.14 dividend
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- Net income $24.2M, down from $25.3M in Q2; GAAP diluted EPS $0.20, adjusted $0.21.
- Net interest margin 2.55%, down 7 bps QoQ; total deposit costs declined 9 bps to 3.34%.
- Customer deposits grew 11% annualized QoQ; loans receivable grew 2% annualized.
- Pending merger with Territorial Bancorp (TBNK) mentioned; regulatory capital ratios highest since 2016.
- Quarterly dividend $0.14/share, payable Nov 21, 2024 to holders of record Nov 7.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128361/000112836124000034/0001128361-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128361/000112836124000034/hope-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001128361-24-000034

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