Hope Bancorp, Inc. reports developments tied to its role as the bank holding company for Bank of Hope, including quarterly operating results, balance-sheet trends, loan portfolio composition, deposit costs, customer fee revenue, provisions for credit losses and asset-quality measures. Its updates also cover recurring capital-return actions such as quarterly common-stock dividends.
Company news includes governance matters affecting the board and bank leadership, as well as completed corporate activity that expanded the banking footprint into Hawaii through the acquisition of Territorial Bancorp. Hope Bancorp’s business context centers on commercial and consumer banking products for small and medium-sized businesses and individuals.
Hope Bancorp (NASDAQ: HOPE) announced that its board of directors declared a quarterly cash dividend of $0.14 per common share.
The dividend is payable on or about November 20, 2026, to stockholders of record as of the close of business on November 7, 2026.
Hope Bancorp (HOPE) reported third-quarter 2026 net income of $35.6 million, rising both year over year and from the prior quarter. Diluted earnings were $0.28 per share, versus $0.26 in the second quarter and $0.24 a year earlier; net income rose 8% and 16%, respectively.
Net interest income reached $135.4 million, and net interest margin expanded to 3.02%. Noninterest income rose 44% year over year to $22.1 million, while noninterest expense increased 6% to $102.8 million. Loans totaled $15.12 billion and deposits $16.12 billion at September 30. Nonperforming assets fell to $108.5 million, but the credit-loss provision increased sequentially to $8.6 million.
On October 1, 2026, Hope completed its acquisition of SMBC MANUBANK’s Commercial Banking Unit, receiving an estimated $307.4 million net cash settlement from seller SMBC and approximately $2.20 billion in loans before purchase and other accounting adjustments.
Hope Bancorp (HOPE) will report third-quarter and nine-month financial results before markets open on October 28, 2026. The results cover the periods ended September 30, 2026. A conference call will follow at 9:30 a.m. Pacific / 12:30 p.m. Eastern, with a live webcast and accompanying presentation deck available on the company’s investor relations website. The archived webcast will remain available for one year.
Hope Bancorp (HOPE) announced that its subsidiary, Bank of Hope, completed the acquisition of SMBC MANUBANK’s Commercial Banking Unit. MANUBANK is a subsidiary of SMBC Americas Holdings and Sumitomo Mitsui Banking Corporation (SMBC). The acquisition adds an established commercial banking franchise and experienced bankers, diversifies deposit segments, and expands Bank of Hope’s footprint and client base in Greater Los Angeles. It also deepens relationships across the Korean and Japanese business communities.
The previously announced Collaboration and Partnership Agreement between Bank of Hope and SMBC became effective at closing. Under the agreement, Bank of Hope will provide financial solutions to SMBC’s Japan-based middle-market and retail customers needing U.S. banking services. This provides an additional channel to serve multinational businesses with U.S. operations. The acquisition adds seven California locations.
Hope Bancorp (HOPE) announced that subsidiary Bank of Hope has received all required regulatory approvals to complete its previously announced acquisition of the Commercial Banking Unit of SMBC MANUBANK, a subsidiary of SMBC Americas Holdings and Sumitomo Mitsui Banking Corporation. Approvals were granted by the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation.
The transaction is expected to close in early fourth quarter 2026, subject to customary closing conditions. Bank of Hope and SMBC have also signed a collaboration and partnership agreement under which Bank of Hope will provide commercial and consumer banking services to SMBC’s Japan-based middle market and retail customers seeking banking services in the United States. This agreement is scheduled to become effective upon closing of the acquisition. The company describes the deal as expanding its Greater Los Angeles presence, diversifying its deposit franchise and enhancing commercial banking capabilities.
Bank of Hope (NASDAQ: HOPE), a subsidiary of Hope Bancorp, launched a K‑pop culture inspired branding campaign centered on sponsoring “BTS THE CITY ARIRANG NEW YORK” to increase brand visibility and deepen customer and community engagement.
Campaign elements include a premier Times Square digital billboard, a Weverse Stamp Rally featuring the Manhattan flagship branch as a landmark, in‑branch scratch card promotions at nine New York and New Jersey locations (July 29–31, 2026), and a sweepstakes offering chances to win an iPad and other prizes (July 27–August 3, 2026). According to Bank of Hope, $1 per Stamp Rally participant at the Manhattan branch on weekdays from July 28–August 3, 2026 will be contributed through its Hope Delivered™ program to support financial literacy initiatives. The bank is also offering limited‑time co‑branded gifts tied to eligible new deposit accounts opened between July 24–August 9, 2026.
Hope Bancorp (NASDAQ: HOPE) announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about August 20, 2026, to stockholders of record as of the close of business on August 6, 2026.
Hope Bancorp (NASDAQ: HOPE) reported second quarter 2026 net income of $33.0 million, or $0.26 per diluted share, up 12% from the first quarter and reversing a net loss in the prior-year quarter. Net income excluding notable items was $34.5 million, or $0.27 per share, up 16% sequentially and 40% year-over-year.
Net interest income rose to $129.0 million with net interest margin at 2.96%, up 6 bps sequentially, supported by loan growth and lower deposit costs. Gross loans reached $15.03 billion and total deposits $15.88 billion, with a 94.7% gross loan-to-deposit ratio. Credit metrics showed criticized loans down 19% year-over-year and nonperforming assets at 0.59% of total assets, while net charge-offs were $9.0 million. Capital ratios remained above well-capitalized thresholds, and the company returned $44.6 million to stockholders year-to-date through dividends and share repurchases. Hope Bancorp highlighted its pending acquisition of the Commercial Banking Unit of SMBC MANUBANK, which is subject to regulatory approvals and expected by the company to benefit 2027 earnings and returns.
Bank of Hope (NASDAQ: HOPE) announced a community-focused activation in New York City tied to its sponsorship of “BTS THE CITY ARIRANG NEW YORK.” The Manhattan branch will serve as a designated landmark in the Weverse Stamp Rally alongside MetLife Stadium, Grand Central Terminal and other locations.
From July 28–August 3, 2026, visitors to the Manhattan branch can collect a digital stamp, use a photo zone and receive scratch cards for chances to win limited-edition co-branded merchandise. A separate sweepstakes launches on July 27, 2026 offering an iPad and other prizes, while a special promotion from July 24–August 9, 2026 gives new account holders access to exclusive co-branded items. Through its Hope Delivered™ program, Bank of Hope will donate $1 per Stamp Rally participant to support community development and financial empowerment. Scratch cards will also be available at eight additional branches in New York and New Jersey from July 29–31, 2026.
Hope Bancorp (NASDAQ: HOPE) will report its financial results for the second quarter and six months ended June 30, 2026, before U.S. markets open on Monday, July 27, 2026.
The company will host a conference call the same day at 9:30 a.m. Pacific / 12:30 p.m. Eastern, with a supporting presentation deck and live webcast available on its investor relations website at www.ir-hopebancorp.com. Institutional investors and analysts can join via domestic phone 866-235-9917 or international 412-902-4103, requesting the “Hope Bancorp Call.”
An archived webcast will remain online for one year, and a telephonic replay will be available through August 3, 2026 at 855-669-9658 (domestic) or 412-317-0088 (international), using replay code 7252988.