Oct 28, 7:45 AM ET
Hope Bancorp reported third quarter 2026 net income of $35.6 million, or $0.28 per diluted share, up 8% from the prior quarter and 16% from a year earlier. The company also completed its acquisition of the Commercial Banking Unit of SMBC MANUBANK on October 1, 2026, and declared a quarterly dividend of $0.14 per share, payable November 20, 2026.
- Q3 2026 net income was $35.6 million, or $0.28 per diluted share, versus $33.0 million, or $0.26, in Q2 2026 and $30.8 million, or $0.24, in Q3 2025.
- Net interest margin was 3.02%, up from 2.96% in Q2 2026 and 2.89% a year earlier.
- MANUBANK acquisition closed October 1, 2026, with approximately $2.20 billion in acquired loans, $2.60 billion in acquired deposits and a $307.4 million estimated net cash settlement from SMBC.
- Quarterly cash dividend of $0.14 per common share is payable on or about November 20, 2026, to holders of record as of November 7, 2026.
Read the filing on SEC.gov ↗
Aug 25, 5:10 PM ET
Hope Bancorp and Bank of Hope signed an extension of CEO Kevin S. Kim's employment agreement on August 24, 2026, keeping him as President and CEO of the company and CEO of the bank. The extension sets the initial term end date at August 31, 2031, and caps automatic renewals at August 31, 2033. The filing discloses continuity in top leadership and a longer contract term but no change in pay or other financial terms.
- Extension signed August 24, 2026 with CEO Kevin S. Kim
- Initial term of the employment agreement now ends August 31, 2031, unless sooner terminated
- Automatic renewals cannot extend the term beyond August 31, 2033
- Full text filed as Exhibit 10.1
Read the filing on SEC.gov ↗
Jul 27, 8:05 AM ET
Hope Bancorp reported second-quarter 2026 net income of $33.0 million, or $0.26 per diluted share, up 12% from the first quarter and up from a net loss of $24.8 million a year earlier. The company also declared a $0.14 quarterly dividend and said its pending acquisition of the Commercial Banking Unit of SMBC MANUBANK remains subject to regulatory approvals and other closing conditions.
- Q2 2026 net income $33.0 million ($0.26 per diluted share), vs. $29.5 million ($0.23) in Q1 2026 and a net loss of $24.8 million in Q2 2025
- Net income excluding notable items was $34.5 million ($0.27 per diluted share), up from $29.7 million in Q1 2026
- Net interest margin rose to 2.96% from 2.90% in Q1 2026; net interest income was $129.0 million
- Quarterly dividend of $0.14 per share is payable on or about August 20, 2026, to holders of record as of August 6, 2026
Read the filing on SEC.gov ↗
Apr 28, 7:55 AM ET
Hope Bancorp reported first-quarter 2026 net income of $29.5 million, or $0.23 per diluted share, up 40% from a year earlier but down 14% from the fourth quarter of 2025. Net interest income and noninterest income both declined from the prior quarter, while noninterest expense also fell, and the efficiency ratio improved to 67.0%. The board also declared a $0.14 quarterly dividend, and the company said the pending MANUBANK acquisition is expected to close in the second half of 2026.
- Net income of $29.5 million, or $0.23 per diluted share, compared with $21.1 million ($0.17) a year earlier and $34.5 million ($0.27) in the fourth quarter of 2025.
- Net interest margin of 2.90%, unchanged from the fourth quarter of 2025 and up 36 basis points from 2.54% a year earlier.
- Nonperforming assets of $120.5 million at March 31, 2026, down from $136.1 million at December 31, 2025.
- Quarterly cash dividend of $0.14 per common share, payable on or about May 22, 2026, to holders of record as of May 8, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
