earnings
confidence high
sentiment neutral
materiality 0.75
Hope Bancorp Q2 net loss $27.9M on repositioning; adjusted EPS $0.19
HOPE BANCORP INC
2025-Q2 EPS reported
-$0.05
- GAAP net loss of $27.9M ($0.22 diluted share) includes $52.4M after-tax notable items from securities repositioning, Territorial acquisition costs, and CA tax law change.
- Adjusted net income $24.5M ($0.19 diluted share) vs $22.9M in Q1 2025; net interest income $117.5M, up 17% QoQ.
- Net interest margin expanded 15 bps to 2.69%; cost of interest-bearing deposits down 37 bps to 3.77% from Territorial and lower-cost deposits.
- Completed acquisition of Territorial Bancorp (Hawaii) effective April 2, 2025; securities repositioning expected to add ~$12M annual interest income.
- Board declared $0.14/share quarterly dividend, payable Aug 15 to holders of record Aug 1 (rate unchanged).