AI brief of an SEC Form 8-K · Hope Bancorp (HOPE)
Hope Bancorp Q3 net income rises 16% to $35.6 million; MANUBANK deal closed
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.
Key points
- 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.
The filing
CompanyHope Bancorp (HOPE)
Form8-K, current report
Filed with the SECOct 28, 2026, 7:45 AM ET
Accession number0001128361-26-000052
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.