Kyu S. Kim
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.
Highest-materiality recent filing
Hope Bancorp Q2 net income $33.0M ($0.26 EPS), up 12% QoQ; declares $0.14 dividend
Net income $33.0M ($0.26 diluted EPS) vs $29.5M ($0.23) in Q1 2026 and net loss of $24.8M in Q2 2025.
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.
Hope Bancorp Q4 net income $26.5M; adjusted $38.3M (+26% QoQ); declares $0.14 dividend
Net income $26.5M ($0.22 diluted EPS) vs $30.0M in Q3 2023; full-year net income $133.7M ($1.11 EPS).
Hope Bancorp Q3 net income $30M, down 21% QoQ; announces $40M annual cost savings plan
Q3 net income $30.0M ($0.25 diluted EPS) vs $38.0M ($0.32) in Q2 and $53.7M ($0.45) a year ago.
Hope Bancorp Q2 net income $38.0M ($0.32 EPS); PPNR up 11% QoQ; dividend $0.14
Net income $38.0M ($0.32 diluted EPS) vs $39.1M ($0.33) in Q1 2023.
Hope Bancorp Q1 net income $39.1M ($0.33 EPS) vs $51.7M prior; deposits up 1% to $15.83B
Net income $39.1M, diluted EPS $0.33, down from $51.7M ($0.43) in Q4 2022 and $60.7M ($0.50) in Q1 2022.
Hope Bancorp CFO Alex Ko resigns effective Jan 6; David Malone named interim CFO
Alex Ko resigns as CFO effective Jan 6, 2023, to pursue other opportunities; no disagreement with company.
Hope Bancorp Q3 net income $53.7M; PPNR record $82.6M, NIM 3.49%, dividend $0.14
Net income $53.7M ($0.45 EPS) vs $52.1M in Q2 and $55.5M year-ago; record PPNR of $82.6M (+11.8% QoQ).
Hope Bancorp Q2 net income $52.1M ($0.43 EPS); record loan originations $1.29B
Net income of $52.1M, down from $60.7M in Q1; diluted EPS $0.43 vs $0.50 prior quarter.
Hope Bancorp Q1 net income up 18% QoQ to $60.7M; EPS $0.50; record loan production $1.03B
Net income $60.7M ($0.50 diluted EPS), up 18% QoQ and 39% YoY.
Hope Bancorp Q4 net income $51.6M ($0.43 EPS); record loan originations $1.24B; $50M buyback
Q4 net income $51.6M ($0.43 diluted EPS) vs $28.3M ($0.23) a year ago; full-year 2021 net income $204.6M ($1.66) vs $111.5M ($0.90).
Hope Bancorp Q3 net income $55.5M ($0.45 EPS), record loan originations $1.01B, dividend $0.14
Net income $55.5M ($0.45 diluted EPS) up 3% QoQ and 82% YoY; NIM 3.07% down 4 bps.
Hope Bancorp announces $50M stock repurchase program
Board authorized repurchase of up to $50M of common stock; program has no expiration date.
Hope Bancorp Q2 net income $53.8M ($0.43 EPS) up 23% QoQ; declares $0.14 dividend
Net income of $53.8M ($0.43 diluted EPS) vs $43.7M ($0.35) in Q1 2021 and $26.8M ($0.22) a year ago.
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.
On March 18, 2024, director Mary E. Thigpen formally notified Hope Bancorp, Inc. (the “Company”) that she will not stand for re-election to the board of directors of the Company at the 2024 Annual Meeting of Stockholders.
On April 17, 2023, Hope Bancorp, Inc. (the “Company”) announced the appointment of Julianna Balicka, age 45, as Executive Vice President and Chief Financial Officer (principal financial officer) of the Company and its wholly owned subsidiary, Bank of Hope (the “Bank”), effective immediately.
David P. Malone, who was serving as Interim Chief Financial Officer of the Company and the Bank since January 6, 2023, stepped down from these positions on April 17, 2023 and will serve as an advisor through April 30, 2023, at a rate of $46,396 per month, to assist with the transition process.
On January 6, 2023, the Company announced that Alex Ko has resigned from his position as Senior Executive Vice President and Chief Financial Officer of the Company and the Bank, effective January 6, 2023, in order to pursue other opportunities.
The Company also announced that David P. Malone will step in and serve as Interim Chief Financial Officer until a new Chief Financial Officer is appointed.
David P. Malone, President and Chief Operating Officer of the Bank, announced his decision to retire and resign as President and Chief Operating Officer of the Bank effective as of December 31, 2021.
On December 7, 2021, Hope Bancorp, Inc. (the “Company”) appointed Lisa K. Pai to the Board of Directors of the Company and its wholly owned subsidiary, Bank of Hope (the “Bank”), effective immediately
Also effective January 1, 2022, Kevin S. Kim, age 64, Chairman, President and Chief Executive Officer of the Company and Chairman and Chief Executive Officer of the Bank, will re-assume the role of President of the Bank.
Peter Koh, age 44, will succeed Mr. Malone as Chief Operating Officer of the Bank effective as of January 1, 2022.
On July 29, 2021, Hope Bancorp, Inc. (the “Company”) appointed Mary E. ("Mimi") Thigpen to the Board of Directors of the Company and its wholly owned subsidiary, Bank of Hope, effective August 1, 2021
Max materiality 0.85 · Median 0.60 · Most common event earnings