Hope Bancorp Stock Price, News & Analysis

Hope Bancorp (NASDAQ: HOPE) has announced a quarterly cash dividend of $0.14 per common share. The dividend will be distributed on August 15, 2025, to stockholders of record as of August 1, 2025. This dividend declaration demonstrates the company's commitment to providing regular returns to its shareholders.

Hope Bancorp (NASDAQ: HOPE) reported a net loss of $27.9 million, or $(0.22) per diluted share, for Q2 2025. Excluding notable items, net income was $24.5 million, or $0.19 per share. The quarter was marked by three significant events: the completion of Territorial Bancorp acquisition, a strategic securities portfolio repositioning, and changes to California's tax law.

Key financial metrics include 17% growth in net interest income, a 15 basis point expansion in net interest margin to 2.69%, and an 8% increase in loans to $14.43 billion. Total deposits grew 10% to $15.94 billion, while the cost of average total deposits decreased by 22 basis points to 2.96%.

The securities portfolio repositioning is expected to contribute approximately $12 million to annual interest income. Credit quality metrics showed mixed results with criticized loans decreasing 8% but nonperforming assets increasing to 0.61% of total assets.

Hope Bancorp (NASDAQ: HOPE) has scheduled its 2025 second quarter financial results announcement for Tuesday, July 22, 2025, before market open. The company will host a conference call to discuss the results at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time on the same day.

A presentation deck will be available on the company's investor relations website. Institutional investors can join via phone, while others can access the live webcast through Hope Bancorp's IR website. The archived webcast will remain available for one year, and a telephonic replay will be accessible until July 29, 2025.

Hope Bancorp (NASDAQ: HOPE) has announced a quarterly cash dividend declaration of $0.14 per common share. The dividend will be distributed to stockholders of record as of the close of business on May 2, 2025, with payment scheduled for May 16, 2025.

Hope Bancorp (NASDAQ: HOPE) reported Q1 2025 net income of $21.1 million, or $0.17 per diluted share. Excluding notable items, net income was $22.9 million ($0.19 per share), down from Q4 2024's $24.3 million ($0.20 per share).

Key financial metrics for Q1 2025:

• Net interest income: $100.8 million, down 1% from Q4
• Net interest margin: 2.54%, up from 2.50%
• Total deposits: $14.49 billion, up 1%
• Loans receivable: $13.34 billion, down 2%
• Nonperforming assets: $83.9 million (0.49% of total assets)

The company completed its acquisition of Territorial Bancorp on April 2, 2025, adding approximately $1.7 billion in core deposits and $1.0 billion in residential mortgage loans. Capital ratios improved quarter-over-quarter, with the tangible common equity ratio increasing to 10.20%.

Hope Bancorp (NASDAQ: HOPE) has announced it will release its 2025 first quarter financial results before markets open on Tuesday, April 22, 2025. The company will host a conference call to discuss the results on the same day at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.

A presentation deck will be available on the company's investor relations website. Institutional investors and analysts can join via phone, while other interested parties can access a live webcast through Hope Bancorp's investor relations website. The archived webcast will remain available for one year, and a telephonic replay will be accessible until April 29, 2025.

Hope Bancorp (NASDAQ: HOPE) has completed its merger with Territorial Bancorp, expanding its presence into Hawaii. The merger, effective April 2, 2025, will see Territorial Savings Bank operate as a division of Bank of Hope, maintaining its century-old brand legacy and community commitment.

Under the merger agreement, Territorial shareholders will receive 0.8048 shares of Hope Bancorp common stock for each Territorial share. Following this strategic combination, Bank of Hope has positioned itself as the largest regional bank serving multi-cultural customers across the continental United States and Hawaii.

Hope Bancorp (NASDAQ: HOPE) and Territorial Bancorp have received all regulatory approvals for their previously announced merger, expected to complete in April 2025. The merged entity will operate in Hawaii under the trade name 'Territorial Savings, a division of Bank of Hope', maintaining Territorial's century-old legacy and community commitment.

The merger aims to create the largest regional bank serving multi-cultural customers across continental US and Hawaiian Islands. The combined organization will benefit from Territorial's stable, low-cost deposit base and residential mortgage portfolio with strong asset quality, strengthening Hope Bancorp's position as a leading Asian American bank.

Post-merger, Territorial's operations will leverage the combined company's expanded balance sheet, resources, and broader banking services portfolio to enhance market share and customer experience.

Hope Bancorp (NASDAQ: HOPE) has announced its participation in the 2025 KBW Winter Financial Services Conference in Boca Raton, Florida, scheduled for February 12-14, 2025. The company will be represented by Chairman, President and CEO Kevin S. Kim and EVP & CFO Julianna Balicka.

The company will make its investor presentation materials available to the public through the Investor Relations section of their website at www.ir-hopebancorp.com starting February 12, 2025.