Hope Bancorp, Inc. Stock News

Hope Bancorp, Inc. (NASDAQ:HOPE ) Q1 2025 Earnings Conference Call April 22, 2025 12:30 PM ET Company Participants Angie Yang - IR Kevin Kim - Chairman, President and CEO Julianna Balicka - CFO Peter Koh - COO Conference Call Participants Andrew Leischner - KBW Ahmad Hasan - D.A. Davidson Operator Good day, and welcome to the Hope Bancorp 2025 First Quarter Earnings Conference Call.

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 May 16, 2025, to all stockholders of record as of the close of business on May 2, 2025. About Hope Bancorp, Inc. Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Ba...

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its first quarter ended March 31, 2025. For the three months ended March 31, 2025, net income totaled $21.1 million, or $0.17 per diluted common share. Excluding notable items(1), net income for the first quarter of 202...

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, today announced the completion of its merger with Honolulu-based Territorial Bancorp Inc. (“Territorial”), the holding company for Territorial Savings Bank. Effective as of April 2, 2025, Territorial Savings Bank will operate under the trade name Territorial Savings, a division...

LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the holding company of Territorial Savings Bank, today jointly announced receipt of all required regulatory approvals to complete their previously announced merger (the “Merger”). Upon completion of the Mer...

HOPE's loan growth remains sluggish, hindered by stagnant deposits, despite the merger with Territorial Bancorp offering some optimism for 2025. The bank's profitability struggles due to high deposit costs and declining net interest income, yet its dividend yield of 5.18% remains sustainable. The merger with Territorial Bancorp could improve deposit quality and diversify HOPE's loan portfolio, ...

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the 2025 KBW Winter Financial Services Conference in Boca Raton, Florida, February 12-14, 2025. A copy of the investor presentation being used for meeti...

Hope Bancorp, Inc. (NASDAQ:HOPE ) Q4 2024 Earnings Conference Call January 27, 2025 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President and CEO Julianna Balicka - EVP and CFO Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Operator Good day and welcome to the Hope Bancorp 2024 Fourth Quart...