10-K · February 25, 2026
Hope Bancorp completed the Territorial Bancorp acquisition on April 2, 2025 and finished the year with a strong operational rebound: Q4 2025 revenue of $258.0 million, gross margin 56.4%, operating margin 16.6%, diluted…
Earnings analysis · 10-Q
HOPE earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Hope Bancorp reported strong Q1 2026 results with net income of $29.5 million, or $0.23 EPS, up from $21.1 million or $0.17 EPS year-over-year, demonstrating a 40% growth in earnings. Revenue was $141.0 million,…
Read full summary
Hope Bancorp reported strong Q1 2026 results with net income of $29.5 million, or $0.23 EPS, up from $21.1 million or $0.17 EPS year-over-year, demonstrating a 40% growth in earnings. Revenue was $141.0 million, slightly below consensus expectations of $145.1 million, indicating a revenue miss despite an overall positive trend in net interest income driven by improved margins. Management anticipates completing the acquisition of SMBC MANUBANK’s Commercial Banking Unit in H2 2026, highlighting growth strategies alongside increased provision for credit losses.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.23
What stood out
-
EPS Up 40% YoY
Diluted EPS rose to $0.23 from $0.17, marking a 40% increase compared to Q1 2025.
-
Net Interest Income Growth
Net interest income increased by $23.2 million to $124.1 million, a 23.1% rise YoY.
-
Strong Noninterest Income Growth
Noninterest income grew year-over-year, reaching $17.0 million from $15.7 million, an increase of 8.2%.
-
Improved Net Interest Margin
Net interest margin expanded by 36 basis points to 2.90%, up from 2.54% for the same period last year.
-
Deposit Growth Maintained
Total deposits rose to $15.73 billion, up $123.3 million or 0.8% from December 31, 2025.
-
Decreased Nonperforming Assets
Nonperforming assets decreased to $120.5 million, down 11.4% from December 31, 2025.
What to watch
-
Revenue Missed Consensus
Actual revenue was $141.0 million, missing the consensus estimate of $145.1 million by $4.1 million.
-
Increased Provision for Credit Losses
Provision for credit losses rose to $8.7 million compared to $4.8 million for Q1 2025, reflecting increased risk assessments.
-
Higher Noninterest Expenses
Noninterest expense grew to $94.5 million from $83.9 million, a 12.6% increase year-over-year.
Management's outlook
No numeric revenue or EPS guidance provided; expects to close the MANUBANK acquisition in H2 2026.
Earlier filings 4
10-Q · May 8, 2025
Hope Bancorp reported total revenue (net interest income before provision plus noninterest income) of $116,505,000 for the quarter and diluted EPS of $0.17, down from $0.21 a year earlier. Net income declined to…
10-Q · August 6, 2024
Hope Bancorp reported Q2 results with revenue (net interest income before provision + noninterest income) of $116,931,000 and GAAP net income of $25,270,000 (diluted EPS $0.21), down versus the prior-year quarter. Key…
10-Q · May 7, 2024
Hope Bancorp reported quarter results with net income of $25,864,000 and diluted EPS of $0.21 for the three months ended March 31, 2024, down materially from $39,121,000 and $0.33 a year ago. Total revenue (net interest…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.