Highest-materiality recent filing
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 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 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 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 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 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.
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 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