Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Rhea-AI Summary

Hope Bancorp, Inc. (NASDAQ: HOPE) has declared a quarterly cash dividend of $0.14 per common share, payable on February 19, 2021 to shareholders of record by February 5, 2021. This announcement follows the company's commitment to shareholder returns. Additionally, an investor conference call will take place on January 27, 2021, to discuss financial results for the fourth quarter ended December 31, 2020. Hope Bancorp operates as the first super regional Korean-American bank in the U.S., with total assets of $17.1 billion.

Positive

• Declared a quarterly cash dividend of $0.14 per share.
• Total assets of $17.1 billion as of December 31, 2020.

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• None.

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about February 19, 2021 to all stockholders of record as of the close of business on February 5, 2021.

Investor Conference Call

The Company previously announced that it will host an investor conference call on Wednesday, January 27, 2021 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial results for its fourth quarter ended December 31, 2020. Investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international) and asking for the “Hope Bancorp Call.” A presentation to accompany the earnings call will be available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com. Other interested parties are invited to listen to a live webcast of the call available at the Investor Relations section of Hope Bancorp’s website. After the live webcast, a replay will remain available in the Investor Relations section of Hope Bancorp’s website for one year. A telephonic replay of the call will be available at 877-344-7529 (domestic) or 412-317-0088 (international) for one week through February 3, 2021, replay access code 10150976.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only super regional Korean-American bank in the United States with $17.1 billion in total assets as of December 31, 2020. Headquartered in Los Angeles and serving a multi-ethnic population of customers across the nation, Bank of Hope operates 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia and Alabama. The Bank also operates SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California and Houston; commercial loan production offices in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. Bank of Hope specializes in core business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to bankofhope.com.By including the foregoing website address link, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.

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FAQ

What is the dividend amount declared by Hope Bancorp?

Hope Bancorp declared a quarterly cash dividend of $0.14 per common share.

When is the dividend payable for Hope Bancorp?

The dividend is payable on February 19, 2021.

What is the record date for the dividend from Hope Bancorp?

The record date for the dividend is February 5, 2021.

When will the earnings call for Hope Bancorp be held?

The earnings call will be on January 27, 2021, at 9:30 a.m. Pacific Time.