Highest-materiality recent filing
Hope Bancorp annual meeting elects all director nominees, ratifies auditor, approves say-on-pay
All nine director nominees elected; Kevin S. Kim received 96.8M votes for (90.7% of votes cast).
Hope Bancorp Q1 net income $29.5M, up 40% YoY; EPS $0.23; dividend $0.14
Net income $29.5M ($0.23 diluted EPS) vs $21.1M ($0.17) year ago; pre-provision net revenue $46.6M (+43% YoY).
Hope Bancorp promotes Peter J. Koh to President & COO of Bank of Hope effective April 1, 2026
Peter J. Koh promoted from Senior EVP & COO to President & COO of Bank of Hope, effective April 1, 2026.
Hope Bancorp to acquire SMBC MANUBANK's CBU; adds $2.5B loans, $2.7B deposits
Acquires CBU's $2.5B loans and $2.7B deposits in all-cash transaction; EPS accretive >20% in 2027.
Hope Bancorp directors Malone and Pai to retire at 2026 annual meeting
David P. Malone and Lisa K. Pai notified board of retirement effective at 2026 Annual Meeting.
Hope Bancorp Q4 net income $34.5M ($0.27 EPS); dividend $0.14 maintained
Q4 net income of $34.5M ($0.27 diluted EPS), up 12% QoQ and 42% YoY.
Hope Bancorp director Scott Whang to retire; board size to reduce to 9
Scott Yoon-Suk Whang will not stand for re-election at the 2026 Annual Meeting, retiring after serving since 2007.
Hope Bancorp Q3 net income $30.8M, EPS $0.24; declares quarterly dividend $0.14
Net income $30.8M ($0.24 diluted EPS), vs $24.2M ($0.20) in Q3 2024, up 28%.
Hope Bancorp Honorary Chairman Steven S. Koh to retire effective Dec. 31, 2025
Steven S. Koh, 80, will retire as Honorary Chairman and board member of Hope Bancorp and Bank of Hope on Dec. 31, 2025.
Hope Bancorp Q2 net loss $27.9M on repositioning; adjusted EPS $0.19
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.
Hope Bancorp completes $422M portfolio repositioning; expects $12M annual interest income boost
Sold $422M in AFS securities (2.32% avg yield); redeployed into securities yielding 5.42%.
Hope Bancorp stockholders elect all 11 director nominees and ratify auditor at 2025 annual meeting
All 11 director nominees elected with 96.3%-99.7% of votes cast (excluding broker non-votes).
Hope Bancorp Q1 EPS $0.17; adjusted $0.19; completes Territorial deal
Net income $21.1M ($0.17 diluted EPS); adjusted net income $22.9M ($0.19 diluted EPS).
Hope Bancorp completes Territorial Bancorp merger; exchange ratio 0.8048
Merger effective April 2, 2025; Territorial shareholders receive 0.8048 Hope shares per Territorial share.
Hope Bancorp director William J. Lewis to retire after 2025 annual meeting
Director William J. Lewis will not stand for re-election and will retire following the 2025 Annual Meeting of Stockholders.
Joint press release March 3, 2025 confirms receipt of all required regulatory approvals for merger with Territorial Bancorp.
GAAP EPS $0.20 for Q4 ($24.3M net income), matching Q3; full-year GAAP EPS $0.82 ($99.6M).
Territorial Bancorp shareholders approve merger with Hope Bancorp; deal on track
Stockholders of Territorial voted to approve the merger with Hope Bancorp at special meeting on Nov 6, 2024.
Hope Bancorp Q3 net income $24.2M ($0.20 EPS); declares $0.14 dividend
Net income $24.2M, down from $25.3M in Q2; GAAP diluted EPS $0.20, adjusted $0.21.
Hope Bancorp Q2 net income $25.3M ($0.21 EPS); net interest margin expands 7 bps to 2.62%
Net income $25.3M ($0.21 diluted EPS); adjusted net income $26.6M ($0.22 EPS).
Hope Bancorp shareholders approve doubling authorized shares to 300M and new 4.5M share equity plan
Stockholders approved increase in authorized common shares from 150M to 300M at May 23 annual meeting.
Hope Bancorp Q1 net income $25.9M; signs $78.6M all-stock merger with Territorial
Q1 net income $25.9M ($0.21 EPS), vs $26.5M ($0.22 EPS) in Q4 2023.
On March 31, 2025, Hope Bancorp, Inc., a Delaware corporate (the “ Company ” ), and its wholly-owned subsidiary, Bank of Hope, approved a change in title and responsibilities for Kyu S. Kim, effective April 1, 2025.
On March 11, 2025, Hope Bancorp, Inc. (the “Company”) director William J. Lewis notified the Company that he will not stand for re-election to the board of directors of the Company at the 2025 Annual Meeting of Stockholders and will retire following the annual meeting.
Max materiality 0.85 · Median 0.62 · Most common event earnings