STOCK TITAN

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Hope Bancorp announces quarterly cash dividend of $0.14 per common share and upcoming investor conference call.
Positive
  • Hope Bancorp declares a quarterly cash dividend of $0.14 per common share.
  • Investor conference call scheduled for October 23, 2023 to review unaudited financial results for Q3 2023.
Negative
  • None.

LOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the “Company”) (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 November 16, 2023 to all stockholders of record as of the close of business on November 2, 2023.

Investor Conference Call

The Company previously announced that it will host an investor conference call on Monday, October 23, 2023 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review unaudited financial results for its third quarter ended September 30, 2023. 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 at 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 October 30, 2023, replay access code 5386919.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the first and only super regional Korean American bank in the United States with $20.08 billion in total assets as of September 30, 2023. Headquartered in Los Angeles and serving a multi-ethnic population of customers across the nation, Bank of Hope operates 54 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Alabama, and Georgia. The Bank also operates SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, New York City, Northern California and Houston; commercial loan production offices in Northern California, Seattle and Tampa, Fla.; 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 lending, commercial and industrial 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.

Julianna Balicka

EVP & Chief Financial Officer

213-235-3235

julianna.balicka@bankofhope.com

Angie Yang

SVP, Director of Investor Relations & Corporate Communications

213-251-2219

angie.yang@bankofhope.com

Source: Hope Bancorp, Inc.

FAQ

What is the dividend amount declared by Hope Bancorp?

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

When will the dividend be payable?

The dividend is payable on or about November 16, 2023.

When is the investor conference call scheduled?

The investor conference call is scheduled for October 23, 2023 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.

What will be discussed during the investor conference call?

The investor conference call will review unaudited financial results for Hope Bancorp's third quarter ended September 30, 2023.

How can I access the conference call?

Investors and analysts can access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international) and asking for the 'Hope Bancorp Call'.

Where can I find the presentation for the earnings call?

The presentation will be available at the Investor Relations section of Hope Bancorp's website at www.ir-hopebancorp.com.

Is there a webcast available for the conference call?

Yes, a live webcast of the call will be available at the Investor Relations section of Hope Bancorp's website.

How long will the replay of the webcast be available?

The replay will remain available at the Investor Relations section of Hope Bancorp's website for one year.

Is there a telephonic replay available for the call?

Yes, a telephonic replay of the call will be available at 877-344-7529 (domestic) or 412-317-0088 (international) for one week through October 30, 2023, replay access code 5386919.

Hope Bancorp, Inc.

NASDAQ:HOPE

HOPE Rankings

HOPE Latest News

HOPE Stock Data

1.71B
114.64M
5.05%
91.46%
1.56%
Banks - Regional
National Commercial Banks
Link
United States of America
LOS ANGELES