Hope Bancorp (NASDAQ:HOPE) Releases Earnings Results

Hope Bancorp (NASDAQ:HOPEGet Free Report) posted its quarterly earnings results on Monday. The financial services provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.26 by $0.01, FiscalAI reports. Hope Bancorp had a net margin of 6.56% and a return on equity of 5.32%. The business had revenue of $147.82 million for the quarter, compared to analysts’ expectations of $146.50 million. During the same period in the previous year, the company posted ($0.22) EPS.

Here are the key takeaways from Hope Bancorp’s conference call:

  • Second-quarter earnings improved significantly: diluted EPS excluding notable items rose 17% sequentially to $0.27 and 40% year over year, supported by 5% revenue growth, a six-basis-point net interest margin expansion, and positive operating leverage.
  • Loans grew 2% quarter over quarter to $15 billion, led by commercial and industrial lending, while deposits increased 1% to $15.9 billion. Non-interest-bearing deposits rose 5%, helping improve the deposit mix and reduce funding costs.
  • Credit trends remained stable to improved, with criticized loans down 19% year over year, non-performing assets at 0.59% of total assets, and annualized net charge-offs declining to 24 basis points from 29 basis points in the prior quarter.
  • Management maintained its 2026 outlook, including approximately 20% end-of-period loan growth, 15%–20% revenue growth, and 25%–30% pre-provision net revenue growth, including a projected quarter of contribution from MANUBANK.
  • The pending all-cash acquisition of SMBC MANUBANK’s commercial banking unit remains on track to close in the second half of 2026, subject to regulatory approval; it is expected to add approximately $2.3 billion of loans and $2.6 billion of deposits.

Hope Bancorp Price Performance

NASDAQ HOPE opened at $13.82 on Tuesday. Hope Bancorp has a 1 year low of $9.44 and a 1 year high of $14.05. The company has a fifty day simple moving average of $13.09 and a 200 day simple moving average of $12.26. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.17. The company has a market cap of $1.77 billion, a P/E ratio of 26.58 and a beta of 0.83.

Hope Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Thursday, August 6th. Hope Bancorp’s payout ratio is presently 107.69%.

More Hope Bancorp News

Here are the key news stories impacting Hope Bancorp this week:

  • Positive Sentiment: Q2 earnings and revenue exceeded estimates. Hope Bancorp reported earnings of $0.27 per share, above the $0.26 consensus estimate, while revenue of $147.82 million topped expectations of $146.50 million. The results also represented a significant improvement from the year-earlier quarter. Hope Bancorp Q2 Earnings and Revenues Surpass Estimates
  • Positive Sentiment: Strategic acquisition expands capabilities. Management announced the completion or pursuit of a strategic acquisition alongside the quarterly results, potentially broadening Hope Bancorp’s capabilities and supporting longer-term growth. Hope Bancorp Delivers Strong Q2 2026 Results, Expands Capabilities Through Strategic Acquisition
  • Positive Sentiment: Quarterly dividend maintains investor income appeal. Hope Bancorp declared a $0.14-per-share dividend, payable August 20 to shareholders of record on August 6. The annualized payout is approximately $0.56 per share, implying a reported yield of about 4.1%. Hope Bancorp Dividend and Stock Information
  • Neutral Sentiment: Management discussed the quarter on its earnings call. The call and related materials may provide additional detail on the acquisition, credit quality, loan trends, and the company’s outlook, which will be important for assessing whether the earnings momentum can continue. Hope Bancorp Q2 2026 Earnings Call Transcript

Insiders Place Their Bets

In other news, Director Daisy Y. Ha sold 12,000 shares of Hope Bancorp stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $12.53, for a total value of $150,360.00. Following the transaction, the director directly owned 373,115 shares in the company, valued at approximately $4,675,130.95. The trade was a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.27% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of Hope Bancorp by 9.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,647 shares of the financial services provider’s stock worth $128,000 after acquiring an additional 960 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Hope Bancorp by 5.1% in the 4th quarter. Corient Private Wealth LLC now owns 22,218 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 1,074 shares during the period. The Manufacturers Life Insurance Company grew its position in Hope Bancorp by 2.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 60,053 shares of the financial services provider’s stock worth $644,000 after purchasing an additional 1,659 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its position in Hope Bancorp by 1.9% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 117,691 shares of the financial services provider’s stock worth $1,259,000 after purchasing an additional 2,162 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of Hope Bancorp during the 4th quarter worth about $28,000. 84.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HOPE. Weiss Ratings raised Hope Bancorp from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Brean Capital raised Hope Bancorp from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 1st. Zacks Research upgraded Hope Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. DA Davidson increased their price objective on Hope Bancorp from $14.50 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Hope Bancorp from $13.00 to $14.00 and gave the company a “market perform” rating in a research report on Monday, April 6th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $14.50.

Check Out Our Latest Research Report on Hope Bancorp

Hope Bancorp Company Profile

(Get Free Report)

Hope Bancorp, Inc operates as the bank holding company for Hope Bank, a California-chartered financial institution serving small and middle-market businesses, professionals and affluent individuals. The company’s principal activities include accepting a variety of deposit products—such as checking accounts, savings and money market accounts, and time deposits—and extending commercial credit facilities. With a focus on community banking, Hope Bancorp tailors its offerings to meet the needs of clients in diverse industries, including real estate, professional services and import/export trade.

In its lending business, Hope Bancorp provides commercial real estate loans, construction financing, working capital lines of credit and equipment financing.

See Also

Earnings History for Hope Bancorp (NASDAQ:HOPE)

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