Hope Bancorp Q4 net income $24.3 million, $0.20 per share; revenue up 1%
Hope Bancorp reported fourth-quarter 2024 net income of $24.3 million, or $0.20 per diluted share, roughly level with the third quarter, while revenue rose 1% to $118.0 million and pre-provision net revenue rose 14% to $40.4 million. The company also declared a quarterly dividend of $0.14 per share, payable February 20, 2025, and said its pending merger with Territorial Bancorp is expected to close in the first quarter of 2025, subject to regulatory approvals.
Key points
- Q4 2024 net income $24.3 million, $0.20 per diluted share, versus $24.2 million and $0.20 in Q3 2024
- Full-year 2024 net income $99.6 million, or $0.82 per diluted share; $103.4 million, or $0.85, excluding notable items
- Nonperforming assets fell 13% to $90.8 million; net interest margin was 2.50%, down from 2.55%
- Quarterly cash dividend of $0.14 per share, record date February 6, 2025, payable on or about February 20, 2025
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2025.
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.