earnings
confidence high
sentiment neutral
materiality 0.60
Hope Bancorp Q4 net income $24.3M ($0.20 EPS); declares $0.14 dividend; Territorial merger on track Q1 2025
HOPE BANCORP INC
2024-FY EPS reported
$0.82
- GAAP EPS $0.20 for Q4 ($24.3M net income), matching Q3; full-year GAAP EPS $0.82 ($99.6M).
- Adjusted full-year EPS $0.85 excluding merger, restructuring, and FDIC special assessment costs.
- Pre-provision net revenue up 14% QoQ to $40.4M; criticized loans down 11%, NPAs down 13%.
- Quarterly cash dividend of $0.14/share declared, payable Feb 20, 2025 to record holders Feb 6.
- Pending merger with Territorial Bancorp (TBNK) expected to close in Q1 2025, subject to regulatory approvals.