Hope Bancorp Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2025

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Key Terms

net interest margin financial

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

noninterest income financial

Noninterest income is the money a bank or financial firm earns from activities other than charging interest on loans, such as account fees, transaction charges, advisory and underwriting fees, trading gains, and service income — like a store making extra money from repairs, warranties or delivery charges rather than product sales. It matters to investors because it shows how diversified a company’s revenue is and whether it can withstand changes in interest rates; a strong noninterest income stream can stabilize profits but may also be more variable than steady loan interest.

noninterest expense financial

Costs a company incurs that are not tied to borrowing or lending, such as employee pay, rent, technology, marketing, and office supplies. Think of a household: noninterest expense is everything you pay for living and running the home except mortgage or loan interest; for investors, it shows how efficiently a company runs its core operations and directly affects profit margins and the cash available for growth or dividends.

provision for credit losses financial

Provision for credit losses is an amount set aside by a financial institution to cover potential future losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution manage risks and stay financially healthy. For investors, it signals how cautious a lender is about potential loan defaults and can impact the company's profitability and financial stability.

allowance for credit losses financial

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

nonperforming assets financial

Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.

tangible common equity financial

Tangible common equity is the portion of a company’s net worth that belongs to ordinary shareholders after removing intangible items (like goodwill or patents) and any preferred claims; it’s often expressed on a per-share basis. Think of it as the hard, sellable value left for common owners if you removed non-physical assets and paid off debts—investors use it to judge how much real cushion a company has and whether the stock might be under- or over-valued.

efficiency ratio financial

A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.

01/27/2026 - 07:30 AM

For the fourth quarter of 2025, net income of $34.5 million, up 12% quarter-over-quarter and up 42% year-over-year

LOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and full year ended December 31, 2025.

For the three months ended December 31, 2025, the Company recorded net income of $34.5 million, or $0.27 per diluted common share, up 12% from net income of $30.8 million, or $0.24 per diluted common share, for the three months ended September 30, 2025, and up 42% from net income of $24.3 million, or $0.20 per diluted common share, for the three months ended December 31, 2024.

For the full year ended December 31, 2025, net income totaled $61.6 million, or $0.49 per diluted common share. Excluding notable items⁽¹⁾, net income for the full year ended December 31, 2025, totaled $113.3 million, or $0.89 per diluted common share, up 10% from $103.4 million, or $0.85 per diluted common share, for the full year ended December 31, 2024.

“We delivered solid earnings growth in the fourth quarter of 2025, with net income up 12% from the third quarter of 2025, reflecting growth in net interest income, strength in customer fee revenue, and lower provisions for credit losses,” commented Kevin S. Kim, Chairman, President and Chief Executive Officer.

“For the full year 2025, we significantly lowered our cost of deposits, reduced reliance on brokered deposits, enhanced our earning assets mix, added experienced senior leadership as well as front line talent, and strengthened our asset quality with a steady decrease in criticized assets in each quarter of 2025. We also completed the acquisition of Territorial Bancorp in April 2025, which expanded our banking footprint to the strategically attractive market of Hawaii,” continued Kim. “These actions contributed to further optimizing our balance sheet and meaningfully improved our underlying core profitability metrics. We are well positioned to build on this momentum in 2026 and beyond, as we continue making progress towards enhancing our financial performance and earnings growth.”

“I am deeply grateful for the dedication of our colleagues at Bank of Hope. Their steadfast commitment to excellence has propelled our organization forward and strengthened our position as the leading regional bank serving multicultural communities across the continental United States and Hawaii. I am confident that our collective focus and hard work will drive even greater positive outcomes in the years to come,” concluded Kim.

____________________
⁽¹⁾		Net income, profitability metrics and earnings per share excluding notable items are non-GAAP financial measures. Notable items in 2025 comprised merger-related expenses, restructuring-related items, a net loss on investment portfolio repositioning, a reversal of an FDIC special assessment, and the impact of a California state tax law change. Notable items in 2024 comprised merger-related expenses, restructuring-related items, and an FDIC special assessment expense. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 to 12.

Operating Results for the Fourth Quarter of 2025

Net interest income and net interest margin. Net interest income before provision for credit losses totaled $127.4 million for the fourth quarter of 2025, an increase of $0.8 million, or 1%, compared with $126.6 million for the third quarter of 2025. Net interest margin for the fourth quarter of 2025 increased by 1 basis point to 2.90%, up from 2.89% for the third quarter of 2025, and expanded 40 basis points year-over-year, up from 2.50% for the fourth quarter of 2024.

The quarter-over-quarter increases in net interest income and net interest margin were primarily driven by a faster decline in the cost of interest bearing liabilities, relative to the change in the yield on average earning assets. For the fourth quarter of 2025, the cost of interest bearing deposits decreased 17 basis points to 3.52%, reflecting deposit repricing and the impact of federal funds target rate cuts, compared with an 11 basis point decrease in the yield on average earning assets.

Noninterest income. For the fourth quarter of 2025, noninterest income totaled $18.4 million, up $3.0 million, or 19%, compared with $15.4 million for the third quarter of 2025. The increase was driven by a meaningful growth in customer-level swap fees, which increased $2.4 million quarter-over-quarter, as well as higher service fees on deposit accounts, gains on the sale of securities, and increased loan-related fees. The Company sold $46.0 million of Small Business Administration (“SBA”) loans in the fourth quarter of 2025 for a net gain of $2.6 million, compared with $48.1 million in the third quarter of 2025 for a net gain of $2.8 million.

Noninterest expense. Noninterest expense for the fourth quarter of 2025 totaled $99.4 million, up 3% from $96.9 million for the third quarter of 2025. The quarter-over-quarter change in noninterest expense was primarily driven by higher compensation-related costs, which largely reflected the impact of hiring to strengthen the franchise and support revenue generation capabilities. The efficiency ratio was 68.2% for the fourth quarter of 2025, essentially stable compared with the third quarter of 2025 as revenue growth supported the investment spending.

Income tax provision and tax rate. For the fourth quarter of 2025, the Company recorded a provision for income tax of $4.7 million, compared with a provision for income tax of $5.6 million for the third quarter of 2025. For the fourth quarter of 2025, the reported effective tax rate was 11.9%. For the full year ended December 31, 2025, the reported effective tax rate was 20.3%, compared with 25.1% for the full year ended December 31, 2024. The year-over-year decrease in the full year effective tax rate was primarily due to the positive impacts from renewable energy and affordable housing partnership investment tax credits that the Company realized in 2025. The fourth quarter 2025 provision for income tax also included true up entries related to deferred tax asset and liability remeasurement.

Balance Sheet Summary

Total assets. At December 31, 2025, total assets totaled $18.53 billion, compared with $18.51 billion as of September 30, 2025 and $17.05 billion as of December 31, 2024.

Loans. At December 31, 2025, gross loans totaled $14.79 billion, up 1%, or 4% annualized, from $14.62 billion at September 30, 2025. The quarter-over-quarter increase in loans was spread across the major loan portfolios of commercial real estate, commercial and industrial, and residential mortgage loans. Year-over-year, gross loans were up 8% from $13.63 billion at December 31, 2024, largely reflecting organic residential mortgage growth and the impact of the Territorial Bancorp acquisition.

The following table sets forth the loan portfolio composition at December 31, 2025, September 30, 2025, and December 31, 2024:

(dollars in thousands) (unaudited)	12/31/2025				9/30/2025				12/31/2024
	Balance		Percentage		Balance		Percentage		Balance		Percentage
Commercial real estate (“CRE”) loans	$	8,494,508	57.4	%	$	8,434,919	57.7	%	$	8,527,008	62.6	%
Commercial and industrial (“C&I”) loans		3,794,788	25.7	%		3,752,111	25.6	%		3,981,441	29.2	%
Residential mortgage and other loans		2,498,621	16.9	%		2,436,607	16.7	%		1,124,314	8.2	%
Gross loans (including held for sale)	$	14,787,917	100.0	%	$	14,623,637	100.0	%	$	13,632,763	100.0	%

Deposits. Total deposits of $15.60 billion at December 31, 2025, decreased 1% from $15.83 billion at September 30, 2025, and increased 9% from $14.33 billion at December 31, 2024. The quarter-over-quarter change largely reflected typical year-end seasonality in certain commercial client funds. The year-over-year growth largely reflected the impact of the Territorial Bancorp acquisition.

The following table sets forth the deposit composition at December 31, 2025, September 30, 2025, and December 31, 2024:

(dollars in thousands) (unaudited)	12/31/2025				9/30/2025				12/31/2024
	Balance		Percentage		Balance		Percentage		Balance		Percentage
Noninterest bearing demand deposits	$	3,371,759	21.6	%	$	3,507,659	22.2	%	$	3,377,950	23.6	%
Money market, interest bearing demand, and savings deposits		5,856,373	37.5	%		5,995,488	37.9	%		5,175,735	36.1	%
Time deposits		6,375,011	40.9	%		6,328,115	39.9	%		5,773,804	40.3	%
Total deposits	$	15,603,143	100.0	%	$	15,831,262	100.0	%	$	14,327,489	100.0	%

Gross loan-to-deposit ratio			94.8	%			92.4	%			95.2	%

Credit Quality and Allowance for Credit Losses

Criticized loans. Criticized loans decreased $21.8 million, or 6%, quarter-over-quarter to $351.1 million at December 31, 2025, down from $372.9 million at September 30, 2025, primarily driven by a 48% quarter-over-quarter reduction in C&I special mention loans. Year-over-year, criticized loans were down $98.9 million, or 22%, from $450.0 million at December 31, 2024, reflecting sustained improvement from successful workouts of problem loans and the Company’s proactive approach to credit risk management. The criticized loan ratio improved to 2.39% of total loans receivable at December 31, 2025, down 17 basis points from 2.56% at September 30, 2025, and down 91 basis points from 3.30% at December 31, 2024.

The following table sets forth the breakdown of criticized loans at December 31, 2025, September 30, 2025, and December 31, 2024:

(dollars in thousands) (unaudited)	12/31/2025			9/30/2025			12/31/2024
Special mention loans	$	94,003		$	131,384		$	179,073
Classified loans		257,113			241,483			270,896
Total criticized loans	$	351,116		$	372,867		$	449,969

Criticized loans/total loans receivable		2.39	%		2.56	%		3.30	%

Nonperforming assets. Nonperforming assets totaled $136.1 million, or 0.73% of total assets, at December 31, 2025, compared with $112.2 million, or 0.61% of total assets, at September 30, 2025, and $90.8 million, or 0.53% of total assets, at December 31, 2024.

The following table sets forth the components of nonperforming assets at December 31, 2025, September 30, 2025, and December 31, 2024:

(dollars in thousands) (unaudited)	12/31/2025			9/30/2025			12/31/2024
Loans on nonaccrual status ⁽¹⁾	$	131,747		$	110,010		$	90,564
Accruing delinquent loans past due 90 days or more		3,943			2,149			229
Total nonperforming loans		135,690			112,159			90,793
Other real estate owned		365			—			—
Total nonperforming assets	$	136,055		$	112,159		$	90,793

Nonperforming assets/total assets		0.73	%		0.61	%		0.53	%

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⁽¹⁾		Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $15.6 million, $15.3 million and $12.8 million at December 31, 2025, September 30, 2025, and December 31, 2024, respectively.

Net charge offs. The Company recorded net charge-offs of $3.6 million for the fourth quarter of 2025, equivalent to 0.10%, annualized, of average loans. This compares with net charge-offs of $5.1 million, or 0.14%, annualized, of average loans for the third quarter of 2025. For the full year 2025, net charge-offs were $29.0 million, or 0.20% of average loans.

Allowance for credit losses. The allowance for credit losses totaled $156.7 million at December 31, 2025, compared with $152.5 million at September 30, 2025, and $150.5 million at December 31, 2024. The allowance coverage ratio was 1.07% of loans receivable at December 31, 2025, compared with 1.05% at September 30, 2025, and 1.11% at December 31, 2024. The year-over-year change in the allowance coverage ratio largely reflects the impact of the Territorial Bancorp acquisition.

The following table sets forth the allowance for credit losses and the coverage ratios at December 31, 2025, September 30, 2025, and December 31, 2024:

(dollars in thousands) (unaudited)	12/31/2025			9/30/2025			12/31/2024
Allowance for credit losses	$	156,661		$	152,509		$	150,527
Allowance for credit losses/loans receivable		1.07	%		1.05	%		1.11	%

Provision for credit losses. For the fourth quarter of 2025, the Company recorded provision for credit losses of $7.2 million, compared with $8.7 million for the third quarter of 2025. The quarter-over-quarter decrease in the provision for credit losses primarily reflected lower net charge-offs in the fourth quarter of 2025, as well as the quarter-over-quarter change in the allowance for unfunded commitments. For the full year 2025, the provision for credit losses was $31.8 million.

Capital

At December 31, 2025, the Company and the Bank’s capital ratios continued to exceed all regulatory capital requirements generally required to meet the definition of a “well-capitalized” financial institution. The completion of the Territorial Bancorp acquisition on April 2, 2025, impacted prior year capital and capital ratio comparisons.

The following table sets forth the regulatory capital ratios for the Company at December 31, 2025, September 30, 2025, and December 31, 2024:

(unaudited)	12/31/2025		9/30/2025		12/31/2024		Minimum Guideline for “Well-Capitalized”
Common Equity Tier 1 Capital Ratio	12.27	%	12.14	%	13.06	%	6.50	%
Tier 1 Capital Ratio	12.96	%	12.83	%	13.79	%	8.00	%
Total Capital Ratio	13.99	%	13.85	%	14.78	%	10.00	%
Leverage Ratio	11.05	%	10.86	%	11.83	%	5.00	%

At December 31, 2025, total stockholders’ equity was $2.28 billion, an increase of 1% compared with $2.26 billion at September 30, 2025. Tangible common equity (“TCE”) per share⁽²⁾ was $13.71 at December 31, 2025, compared with $13.53 at September 30, 2025. The TCE ratio⁽²⁾ was 9.76% at December 31, 2025, up 12 basis points compared with 9.64% at September 30, 2025.

The following table sets forth the TCE per share and the TCE ratio at December 31, 2025, September 30, 2025, and December 31, 2024.

(unaudited)	12/31/2025			9/30/2025			12/31/2024
TCE per share	$	13.71		$	13.53		$	13.81
TCE ratio		9.76	%		9.64	%		10.05	%

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⁽²⁾		TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 to 12.

Investor Conference Call

The Company previously announced that it will host an investor conference call on Tuesday, January 27, 2026, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review its unaudited financial results for its fourth quarter and full year ended December 31, 2025. Investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international) and asking for the “Hope Bancorp Call.” A presentation to accompany the earnings call will be available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com. Other interested parties are invited to listen to a live webcast of the call available at the Investor Relations section of Hope Bancorp’s website. After the live webcast, a replay will remain available at the Investor Relations section of Hope Bancorp’s website for at least one year. A telephonic replay of the call will be available at 877-344-7529 (domestic) or 412-317-0088 (international) for one week through February 3, 2026, with the replay access code 3224067.

Non-GAAP Financial Metrics

This news release and accompanying financial tables contain certain non-GAAP financial measure disclosures, including net income excluding notable items, earnings per share excluding notable items, noninterest income excluding notable items, noninterest expense excluding notable items, provision for credit losses excluding notable items, efficiency ratio excluding notable items, effective tax rate excluding notable items, PPNR, PPNR excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, TCE per share and TCE ratio. Management believes these non-GAAP financial measures provide meaningful supplemental information regarding the Company’s operational performance and the Company’s capital levels and has included these figures in response to market participant interest in these financial metrics. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 through 12.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company for Bank of Hope, the only regional Korean American bank in the United States, with $18.53 billion in total assets as of December 31, 2025. Following the addition of Territorial Savings as a division of Bank of Hope, the Company became the largest regional bank serving multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, Bank of Hope offers a comprehensive range of commercial, corporate and consumer banking products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and consumer lending, treasury management, foreign exchange solutions, interest rate derivatives, and international trade finance. Bank of Hope operates 45 full-service branches in California, New York, New Jersey, Washington, Texas, Illinois, Alabama and Georgia under the Bank of Hope banner, and 29 branches in Hawaii under the Territorial Savings banner. Bank of Hope also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices throughout the United States, and a representative office in Seoul, South Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to www.bankofhope.com for Bank of Hope and www.tsbhawaii.bank for Territorial Savings, a division of Bank of Hope. By including the foregoing website address links, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.

Forward-Looking Statements

Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” and similar expressions. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. With the consummation of the acquisition of Territorial Bancorp, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Hope Bancorp and Territorial Bancorp and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; and deposit attrition, operating costs, customer loss and business disruption following the acquisition, including difficulties in maintaining relationships with employees and customers, may be greater than expected. Other risks and uncertainties include, but are not limited to: possible renewed deterioration in economic conditions in Hope Bancorp’s areas of operation or elsewhere; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; risk of significant non-earning assets, and net credit losses that could occur, particularly in times of weak economic conditions or times of rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s allowances for credit losses; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp; the impact of U.S. and global trade policies and tensions, including changes in, or the imposition of, tariffs and/or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, and geopolitical instability; and risks from natural disasters. For additional information concerning these and other risk factors, see Hope Bancorp’s most recent Annual Report on Form 10-K and other documents Hope Bancorp files with the SEC from time to time. Hope Bancorp does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share data)

Assets:	12/31/2025			9/30/2025			% change		12/31/2024			% change
Cash and due from banks	$	560,059		$	454,909		23	%	$	458,199		22	%
Investment securities		2,072,864			2,266,034		(9	)%		2,075,628		—	%
Federal Home Loan Bank (“FHLB”) stock and other investments		60,176			106,411		(43	)%		57,196		5	%
Gross loans, including loans held for sale		14,787,917			14,623,637		1	%		13,632,763		8	%
Allowance for credit losses		(156,661	)		(152,509	)	3	%		(150,527	)	4	%
Accrued interest receivable		52,211			53,159		(2	)%		51,169		2	%
Premises and equipment, net		69,589			69,152		1	%		51,759		34	%
Goodwill and intangible assets		525,938			524,503		—	%		466,781		13	%
Other assets		559,533			565,503		(1	)%		411,040		36	%
Total assets	$	18,531,626		$	18,510,799		—	%	$	17,054,008		9	%

Liabilities:
Deposits	$	15,603,143		$	15,831,262		(1	)%	$	14,327,489		9	%
FHLB and Federal Reserve Bank (“FRB”) borrowings		284,922			24,878		1,045	%		239,000		19	%
Subordinated debentures and convertible notes, net		110,962			110,610		—	%		109,584		1	%
Accrued interest payable		78,310			74,376		5	%		93,784		(16	)%
Other liabilities		171,021			210,713		(19	)%		149,646		14	%
Total liabilities	$	16,248,358		$	16,251,839		—	%	$	14,919,503		9	%

Stockholders’ Equity:
Common stock, $0.001 par value	$	146		$	146		—	%	$	138		6	%
Additional paid-in capital		1,523,702			1,521,669		—	%		1,445,373		5	%
Retained earnings		1,172,394			1,155,874		1	%		1,181,533		(1	)%
Treasury stock, at cost		(264,667	)		(264,667	)	—	%		(264,667	)	—	%
Accumulated other comprehensive loss, net		(148,307	)		(154,062	)	4	%		(227,872	)	35	%
Total stockholders’ equity		2,283,268			2,258,960		1	%		2,134,505		7	%
Total liabilities and stockholders’ equity	$	18,531,626		$	18,510,799		—	%	$	17,054,008		9	%

Common stock shares – authorized		300,000,000			300,000,000					300,000,000
Common stock shares – outstanding		128,201,655			128,185,271					120,755,658
Treasury stock shares		17,382,835			17,382,835					17,382,835

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)

	Three Months Ended											Twelve Months Ended
	12/31/2025			9/30/2025		% change		12/31/2024		% change		12/31/2025			12/31/2024		% change

Interest and fees on loans	$	214,128		$	216,774	(1	)%	$	203,828	5	%	$	837,226		$	837,159	—	%
Interest on investment securities		21,107			21,467	(2	)%		16,930	25	%		76,235			68,549	11	%
Interest on cash and deposits at other banks		4,204			5,273	(20	)%		4,694	(10	)%		23,465			44,668	(47	)%
Interest on other investments and FHLB dividends		767			1,186	(35	)%		1,169	(34	)%		4,238			3,604	18	%
Total interest income		240,206			244,700	(2	)%		226,621	6	%		941,164			953,980	(1	)%

Interest on deposits		109,388			115,425	(5	)%		121,645	(10	)%		457,250			495,448	(8	)%
Interest on borrowings		3,413			2,718	26	%		2,841	20	%		11,680			30,681	(62	)%
Total interest expense		112,801			118,143	(5	)%		124,486	(9	)%		468,930			526,129	(11	)%

Net interest income before provision		127,405			126,557	1	%		102,135	25	%		472,234			427,851	10	%
Provision for credit losses		7,200			8,710	(17	)%		10,000	(28	)%		31,802			17,280	84	%
Net interest income after provision		120,205			117,847	2	%		92,135	30	%		440,432			410,571	7	%

Service fees on deposit accounts		3,249			3,235	—	%		2,809	16	%		12,511			10,728	17	%
Net gains on sales of SBA loans		2,566			2,774	(7	)%		3,063	(16	)%		12,469			7,765	61	%
Net gains (losses) on sales of securities available for sale		1,168			—	100	%		837	40	%		(37,688	)		936	N/A
Other income and fees		11,368			9,376	21	%		8,166	39	%		39,176			26,642	47	%
Total noninterest income		18,351			15,385	19	%		15,881	16	%		26,468			47,077	(44	)%

Salaries and employee benefits		57,906			54,910	5	%		42,016	38	%		214,110			177,860	20	%
Occupancy		9,003			9,153	(2	)%		6,837	32	%		34,206			27,469	25	%
Furniture and equipment		8,706			8,780	(1	)%		5,436	60	%		32,020			23,968	34	%
Data processing and communications		3,624			3,346	8	%		2,961	22	%		12,475			9,684	29	%
Amortization of investments in affordable housing partnerships		2,940			3,216	(9	)%		2,429	21	%		10,547			9,051	17	%
FDIC assessment		3,051			2,942	4	%		2,684	14	%		10,983			10,813	2	%
FDIC special assessment		(691	)		—	100	%		—	100	%		(691	)		691	N/A
Earned interest credit		3,028			3,529	(14	)%		4,605	(34	)%		12,954			23,447	(45	)%
Merger and restructuring related costs		776			958	(19	)%		583	33	%		21,534			5,627	283	%
Other noninterest expense		11,085			10,027	11	%		10,039	10	%		41,485			36,074	15	%
Total noninterest expense		99,428			96,861	3	%		77,590	28	%		389,623			324,684	20	%
Income before income taxes		39,128			36,371	8	%		30,426	29	%		77,277			132,964	(42	)%
Income tax provision		4,662			5,595	(17	)%		6,089	(23	)%		15,689			33,334	(53	)%
Net income	$	34,466		$	30,776	12	%	$	24,337	42	%	$	61,588		$	99,630	(38	)%

Earnings per common share – diluted	$	0.27		$	0.24			$	0.20			$	0.49		$	0.82
Weighted average shares outstanding – diluted		128,769,564			128,593,874				121,401,285				126,774,552			121,108,594

Hope Bancorp, Inc.
Selected Financial Data
Unaudited

	For the Three Months Ended									For the Twelve Months Ended
Profitability measures (annualized):	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Earnings per common share - diluted (not annualized)	$	0.27		$	0.24		$	0.20		$	0.49		$	0.82
Earnings per common share - diluted excluding notable items (not annualized)⁽¹⁾	$	0.27		$	0.25		$	0.20		$	0.89		$	0.85
Return on average assets (“ROA”)		0.74	%		0.66	%		0.57	%		0.34	%		0.56	%
ROA excluding notable items ⁽¹⁾		0.74	%		0.68	%		0.56	%		0.62	%		0.58	%
Return on average equity (“ROE”)		6.06	%		5.50	%		4.51	%		2.77	%		4.68	%
ROE excluding notable items⁽¹⁾		6.06	%		5.64	%		4.46	%		5.10	%		4.85	%
Return on average tangible common equity (“ROTCE”) ⁽¹⁾		7.87	%		7.19	%		5.76	%		3.60	%		5.99	%
ROTCE excluding notable items⁽¹⁾		7.88	%		7.36	%		5.69	%		6.62	%		6.22	%
Net interest margin		2.90	%		2.89	%		2.50	%		2.76	%		2.55	%
Efficiency ratio (not annualized)		68.22	%		68.24	%		65.75	%		78.13	%		68.36	%
Efficiency ratio excluding notable items (not annualized) ⁽¹⁾		68.16	%		67.56	%		65.81	%		68.60	%		67.18	%

____________________
⁽¹⁾		Earnings per common share - diluted excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 through 12.

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)

	Three Months Ended
	12/31/2025						9/30/2025						12/31/2024
			Interest		Annualized				Interest		Annualized				Interest		Annualized
	Average		Income/		Average		Average		Income/		Average		Average		Income/		Average
	Balance		Expense		Yield/Cost		Balance		Expense		Yield/Cost		Balance		Expense		Yield/Cost
INTEREST EARNING ASSETS:
Loans, including loans held for sale	$	14,646,767	$	214,128	5.80	%	$	14,522,425	$	216,774	5.92	%	$	13,626,965	$	203,828	5.95	%
Investment securities		2,261,726		21,107	3.70	%		2,256,228		21,467	3.77	%		2,177,613		16,930	3.09	%
Interest earning cash and deposits at other banks		433,029		4,204	3.85	%		488,992		5,273	4.28	%		416,467		4,694	4.48	%
FHLB stock and other investments		63,961		767	4.76	%		97,584		1,186	4.82	%		49,388		1,169	9.42	%
Total interest earning assets	$	17,405,483	$	240,206	5.48	%	$	17,365,229	$	244,700	5.59	%	$	16,270,433	$	226,621	5.54	%

INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings	$	6,023,423	$	45,901	3.02	%	$	6,045,464	$	49,458	3.25	%	$	5,187,715	$	50,510	3.87	%
Time deposits		6,310,036		63,487	3.99	%		6,359,578		65,967	4.12	%		5,856,439		71,135	4.83	%
Total interest bearing deposits		12,333,459		109,388	3.52	%		12,405,042		115,425	3.69	%		11,044,154		121,645	4.38	%
FHLB and FRB borrowings		122,986		1,063	3.43	%		27,286		273	3.97	%		113,533		248	0.87	%
Subordinated debentures and convertible notes		106,835		2,350	8.61	%		106,485		2,445	8.98	%		105,482		2,593	9.62	%
Total interest bearing liabilities	$	12,563,280	$	112,801	3.56	%	$	12,538,813	$	118,143	3.74	%	$	11,263,169	$	124,486	4.40	%
Noninterest bearing demand deposits		3,474,131						3,506,559						3,546,613
Total funding liabilities/cost of funds	$	16,037,411			2.79	%	$	16,045,372			2.92	%	$	14,809,782			3.34	%
Net interest income/net interest spread			$	127,405	1.92	%			$	126,557	1.85	%			$	102,135	1.14	%
Net interest margin					2.90	%					2.89	%					2.50	%

Cost of deposits:
Noninterest bearing demand deposits	$	3,474,131	$	—	—	%	$	3,506,559	$	—	—	%	$	3,546,613	$	—	—	%
Interest bearing deposits		12,333,459		109,388	3.52	%		12,405,042		115,425	3.69	%		11,044,154		121,645	4.38	%
Total deposits	$	15,807,590	$	109,388	2.75	%	$	15,911,601	$	115,425	2.88	%	$	14,590,767	$	121,645	3.32	%

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)

	Twelve Months Ended
	12/31/2025						12/31/2024
			Interest		Annualized				Interest		Annualized
	Average		Income/		Average		Average		Income/		Average
	Balance		Expense		Yield/Cost		Balance		Expense		Yield/Cost
INTEREST EARNING ASSETS:
Loans, including loans held for sale	$	14,267,020	$	837,226	5.87	%	$	13,634,728	$	837,159	6.14	%
Investment securities		2,199,219		76,235	3.47	%		2,213,068		68,549	3.10	%
Interest earning cash and deposits at other banks		563,560		23,465	4.16	%		856,768		44,668	5.21	%
FHLB stock and other investments		86,632		4,238	4.89	%		48,738		3,604	7.39	%
Total interest earning assets	$	17,116,431	$	941,164	5.50	%	$	16,753,302	$	953,980	5.69	%

INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings	$	5,951,849	$	197,861	3.32	%	$	5,043,411	$	200,070	3.97	%
Time deposits		6,176,559		259,389	4.20	%		5,954,272		295,378	4.96	%
Total interest bearing deposits		12,128,408		457,250	3.77	%		10,997,683		495,448	4.51	%
FHLB and FRB borrowings		79,945		2,056	2.57	%		531,869		19,860	3.73	%
Subordinated debentures and convertible notes		106,324		9,624	8.93	%		104,989		10,821	10.14	%
Total interest bearing liabilities	$	12,314,677	$	468,930	3.81	%	$	11,634,541	$	526,129	4.52	%
Noninterest bearing demand deposits		3,447,893						3,679,947
Total funding liabilities/cost of funds	$	15,762,570			2.97	%	$	15,314,488			3.44	%
Net interest income/net interest spread			$	472,234	1.69	%			$	427,851	1.17	%
Net interest margin					2.76	%					2.55	%

Cost of deposits:
Noninterest bearing demand deposits	$	3,447,893	$	—	—	%	$	3,679,947	$	—	—	%
Interest bearing deposits		12,128,408		457,250	3.77	%		10,997,683		495,448	4.51	%
Total deposits	$	15,576,301	$	457,250	2.94	%	$	14,677,630	$	495,448	3.38	%

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)

	Three Months Ended										Twelve Months Ended
AVERAGE BALANCES:	12/31/2025		9/30/2025		% change		12/31/2024		% change		12/31/2025		12/31/2024		% change
Gross loans, including loans held for sale	$	14,646,767	$	14,522,425	1	%	$	13,626,965	7	%	$	14,267,020	$	13,634,728	5	%
Investment securities		2,261,726		2,256,228	—	%		2,177,613	4	%		2,199,219		2,213,068	(1	)%
Interest earning cash and deposits at other banks		433,029		488,992	(11	)%		416,467	4	%		563,560		856,768	(34	)%
Interest earning assets		17,405,483		17,365,229	—	%		16,270,433	7	%		17,116,431		16,753,302	2	%
Goodwill and intangible assets		524,118		525,022	—	%		467,021	12	%		510,404		467,620	9	%
Total assets		18,595,446		18,548,982	—	%		17,228,881	8	%		18,244,370		17,746,408	3	%

Noninterest bearing demand deposits		3,474,131		3,506,559	(1	)%		3,546,613	(2	)%		3,447,893		3,679,947	(6	)%
Interest bearing deposits		12,333,459		12,405,042	(1	)%		11,044,154	12	%		12,128,408		10,997,683	10	%
Total deposits		15,807,590		15,911,601	(1	)%		14,590,767	8	%		15,576,301		14,677,630	6	%
Interest bearing liabilities		12,563,280		12,538,813	—	%		11,263,169	12	%		12,314,677		11,634,541	6	%
Stockholders’ equity		2,275,285		2,237,375	2	%		2,156,858	5	%		2,221,699		2,130,140	4	%

LOAN PORTFOLIO:	12/31/2025		9/30/2025		% change		12/31/2024		% change
Loans receivable (held for investment)	$	14,701,012	$	14,590,519	1	%	$	13,618,272	8	%
Loans held for sale		86,905		33,118	162	%		14,491	500	%
Gross loans	$	14,787,917	$	14,623,637	1	%	$	13,632,763	8	%


CRE LOANS HELD FOR INVESTMENT BY PROPERTY TYPE:	12/31/2025		9/30/2025		% change		12/31/2024		% change
Multi-tenant retail	$	1,618,715	$	1,612,673	—	%	$	1,619,505	—	%
Industrial warehouses		1,258,703		1,285,752	(2	)%		1,264,703	—	%
Multifamily		1,191,145		1,219,701	(2	)%		1,208,494	(1	)%
Gas stations and car washes		1,176,491		1,116,447	5	%		1,027,502	15	%
Mixed-use facilities		691,821		665,239	4	%		771,695	(10	)%
Hotels/motels		821,845		771,089	7	%		769,635	7	%
Single-tenant retail		658,440		629,269	5	%		659,993	—	%
Office		331,603		330,736	—	%		394,431	(16	)%
All other		745,745		787,888	(5	)%		811,050	(8	)%
Total CRE loans	$	8,494,508	$	8,418,794	1	%	$	8,527,008	—	%

DEPOSIT COMPOSITION:	12/31/2025		9/30/2025		% change		12/31/2024		% change
Noninterest bearing demand deposits	$	3,371,759	$	3,507,659	(4	)%	$	3,377,950	—	%
Money market, interest bearing demand, and savings		5,856,373		5,995,488	(2	)%		5,175,735	13	%
Time deposits		6,375,011		6,328,115	1	%		5,773,804	10	%
Total deposits	$	15,603,143	$	15,831,262	(1	)%	$	14,327,489	9	%

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)

CAPITAL & CAPITAL RATIOS:	12/31/2025			9/30/2025			12/31/2024
Total stockholders’ equity	$	2,283,268		$	2,258,960		$	2,134,505
Total capital	$	2,171,256		$	2,128,319		$	2,150,810
Common equity tier 1 ratio		12.27	%		12.14	%		13.06	%
Tier 1 capital ratio		12.96	%		12.83	%		13.79	%
Total capital ratio		13.99	%		13.85	%		14.78	%
Leverage ratio		11.05	%		10.86	%		11.83	%
Total risk weighted assets	$	15,520,691		$	15,371,526		$	14,549,658
Book value per common share	$	17.81		$	17.62		$	17.68
Tangible common equity (“TCE”) per share⁽¹⁾	$	13.71		$	13.53		$	13.81
TCE ratio ⁽¹⁾		9.76	%		9.64	%		10.05	%

⁽¹⁾TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Page 10.

ALLOWANCE FOR CREDIT LOSSES CHANGES:	Three Months Ended															Twelve Months Ended
ALLOWANCE FOR CREDIT LOSSES CHANGES:	12/31/2025			9/30/2025			6/30/2025			3/31/2025			12/31/2024			12/31/2025			12/31/2024
Balance at beginning of period	$	152,509		$	149,505		$	147,412		$	150,527		$	153,270		$	150,527		$	158,694
Initial allowance for purchased credit deteriorated (“PCD”) loans and purchased seasoned loans (“PSL”) acquired⁽²⁾		—			—			3,971			—			—			3,971			—
Provision for losses on loans		7,800			8,100			10,092			5,200			10,100			31,192			18,400
Recoveries		1,694			1,517			2,844			233			704			6,288			4,521
Charge offs		(5,342	)		(6,613	)		(14,814	)		(8,548	)		(13,547	)		(35,317	)		(31,088	)
Balance at end of period	$	156,661		$	152,509		$	149,505		$	147,412		$	150,527		$	156,661		$	150,527
⁽²⁾During the fourth quarter of 2025, the Company adopted ASU 2025-08 effective January 1, 2025, and applied the guidance to the acquisition of Territorial Bancorp which was completed on April 2, 2025. The presentation of prior periods has been adjusted accordingly.

	12/31/2025			9/30/2025			6/30/2025			3/31/2025			12/31/2024
Allowance for unfunded loan commitments	$	3,333		$	3,933		$	3,323		$	2,323		$	2,723

	Three Months Ended															Twelve Months Ended
	12/31/2025			9/30/2025			6/30/2025			3/31/2025			12/31/2024			12/31/2025			12/31/2024
Provision for losses on loans	$	7,800		$	8,100		$	10,092		$	5,200		$	10,100		$	31,192		$	18,400
Provision (credit) for unfunded loan commitments		(600	)		610			1,000			(400	)		(100	)		610			(1,120	)
Provision for credit losses	$	7,200		$	8,710		$	11,092		$	4,800		$	10,000		$	31,802		$	17,280


	Three Months Ended															Twelve Months Ended
NET LOAN CHARGE OFFS (RECOVERIES):	12/31/2025			9/30/2025			6/30/2025			3/31/2025			12/31/2024			12/31/2025			12/31/2024
CRE loans	$	(1,467	)	$	(933	)	$	(843	)	$	899		$	156		$	(2,344	)	$	545
C&I loans		5,169			5,978			11,829			7,384			12,607			30,360			25,866
Residential mortgage and other loans		(54	)		51			984			32			80			1,013			156
Net loan charge offs	$	3,648		$	5,096		$	11,970		$	8,315		$	12,843		$	29,029		$	26,567
Net charge offs/average loans (annualized)		0.10	%		0.14	%		0.33	%		0.25	%		0.38	%		0.20	%		0.13	%

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)

NONPERFORMING ASSETS:	12/31/2025			9/30/2025			6/30/2025			3/31/2025			12/31/2024
Loans on nonaccrual status ⁽¹⁾	$	131,747		$	110,010		$	110,739		$	83,808		$	90,564
Accruing delinquent loans past due 90 days or more		3,943			2,149			2,149			98			229
Total nonperforming loans		135,690			112,159			112,888			83,906			90,793
Other real estate owned (“OREO”)		365			—			—			—			—
Total nonperforming assets	$	136,055		$	112,159		$	112,888		$	83,906		$	90,793

Nonperforming assets/total assets		0.73	%		0.61	%		0.61	%		0.49	%		0.53	%
Nonperforming loans/loans receivable		0.92	%		0.77	%		0.78	%		0.63	%		0.67	%
Nonaccrual loans/loans receivable		0.90	%		0.75	%		0.77	%		0.63	%		0.67	%
Allowance for credit losses/loans receivable		1.07	%		1.05	%		1.04	%		1.11	%		1.11	%
Allowance for credit losses/nonperforming loans		115.46	%		135.98	%		132.44	%		175.69	%		165.79	%

⁽¹⁾ Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $15.6 million, $15.3 million, $15.3 million, $11.8 million, and $12.8 million, at December 31, 2025, September 30, 2025, June 30, 2025, March 31, 2025, and December 31, 2024, respectively.

NONACCRUAL LOANS BY TYPE:	12/31/2025			9/30/2025			6/30/2025			3/31/2025			12/31/2024
CRE loans	$	65,106		$	54,016		$	55,368		$	24,106		$	23,396
C&I loans		53,136			45,494			46,945			50,544			60,807
Residential mortgage and other loans		13,505			10,500			8,426			9,158			6,361
Total nonaccrual loans	$	131,747		$	110,010		$	110,739		$	83,808		$	90,564

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)

ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE:	12/31/2025		9/30/2025		6/30/2025		3/31/2025		12/31/2024
30 - 59 days past due	$	19,056	$	15,788	$	4,909	$	11,927	$	8,681
60 - 89 days past due		4,244		5,117		2,843		27,719		5,164
Total accruing delinquent loans 30-89 days past due	$	23,300	$	20,905	$	7,752	$	39,646	$	13,845


ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE BY TYPE:	12/31/2025		9/30/2025		6/30/2025		3/31/2025		12/31/2024
CRE loans	$	12,064	$	14,872	$	4,377	$	4,993	$	3,205
C&I loans		2,209		3,356		1,084		27,455		1,288
Residential mortgage and other loans		9,027		2,677		2,291		7,198		9,352
Total accruing delinquent loans 30-89 days past due	$	23,300	$	20,905	$	7,752	$	39,646	$	13,845


CRITICIZED LOANS:	12/31/2025		9/30/2025		6/30/2025		3/31/2025		12/31/2024
Special mention loans	$	94,003	$	131,384	$	137,313	$	184,659	$	179,073
Classified loans		257,113		241,483		277,418		264,064		270,896
Total criticized loans	$	351,116	$	372,867	$	414,731	$	448,723	$	449,969

Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)

Reconciliation of GAAP financial measures to non-GAAP financial measures

Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below.


TANGIBLE COMMON EQUITY (“TCE”)	12/31/2025			9/30/2025			12/31/2024
Total stockholders’ equity	$	2,283,268		$	2,258,960		$	2,134,505
Goodwill and core deposit intangible assets, net		(525,938	)		(524,503	)		(466,781	)
TCE	$	1,757,330		$	1,734,457		$	1,667,724

Total assets	$	18,531,626		$	18,510,799		$	17,054,008
Goodwill and core deposit intangible assets, net		(525,938	)		(524,503	)		(466,781	)
Tangible assets	$	18,005,688		$	17,986,296		$	16,587,227

TCE ratio		9.76	%		9.64	%		10.05	%
Common shares outstanding		128,201,655			128,185,271			120,755,658
TCE per share	$	13.71		$	13.53		$	13.81


	Three Months Ended									Twelve Months Ended
RETURN ON AVERAGE TANGIBLE COMMON EQUITY (“ROTCE”)	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Average stockholders’ equity	$	2,275,285		$	2,237,375		$	2,156,858		$	2,221,699		$	2,130,140
Average goodwill and core deposit intangible assets, net		(524,118	)		(525,022	)		(467,021	)		(510,404	)		(467,620	)
Average TCE	$	1,751,167		$	1,712,353		$	1,689,837		$	1,711,295		$	1,662,520

Net income (GAAP)	$	34,466		$	30,776		$	24,337		$	61,588		$	99,630
ROTCE (annualized)		7.87	%		7.19	%		5.76	%		3.60	%		5.99	%


	Three Months Ended									Twelve Months Ended
PROVISION FOR CREDIT LOSSES EXCLUDING NOTABLE ITEMS	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Provision for credit losses⁽¹⁾	$	7,200		$	8,710		$	10,000		$	31,802		$	17,280
Notable items:
Merger-related provision for credit losses		—			—			—			(553	)		—
Provision for credit losses excluding notable items	$	7,200		$	8,710		$	10,000		$	31,249		$	17,280
⁽¹⁾ During the fourth quarter of 2025, the Company adopted ASU 2025-08 effective January 1, 2025, and applied the guidance to the acquisition of Territorial Bancorp which was completed on April 2, 2025. The presentation of prior periods has been adjusted accordingly.

	Three Months Ended									Twelve Months Ended
PRE-PROVISION NET REVENUE (“PPNR”)	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Net interest income before provision for credit losses	$	127,405		$	126,557		$	102,135		$	472,234		$	427,851
Noninterest income		18,351			15,385			15,881			26,468			47,077
Revenue		145,756			141,942			118,016			498,702			474,928
Less: Noninterest expense		99,428			96,861			77,590			389,623			324,684
PPNR	$	46,328		$	45,081		$	40,426		$	109,079		$	150,244

Notable items:
Loss on investment portfolio repositioning	$	—		$	—		$	—		$	38,856		$	—
FDIC special assessment expense (reversal)		(691	)		—			—			(691	)		691
Merger and restructuring-related (gains) costs, net (including gain on branch sale)		776			958			(423	)		21,534			4,621
Total notable items included in PPNR		85			958			(423	)		59,699			5,312
PPNR, excluding notable items	$	46,413		$	46,039		$	40,003		$	168,778		$	155,556

	Three Months Ended									Twelve Months Ended
PROFITABILITY RATIOS EXCLUDING NOTABLE ITEMS	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Net income (GAAP)	$	34,466		$	30,776		$	24,337		$	61,588		$	99,630
Notable items:
Merger-related provision for credit losses		—			—			—			553			—
Loss on investment portfolio repositioning		—			—			—			38,856			—
FDIC special assessment expense (reversal)		(691	)		—			—			(691	)		691
Merger and restructuring-related (gains) costs, net (including gain on branch sale)		776			958			(423	)		21,534			4,621
Total notable items included in pre-tax income		85			958			(423	)		60,252			5,312
Tax effect on notable items in pre-tax income		(25	)		(208	)		125			(13,325	)		(1,562	)
Notable impact from California state tax apportionment law change		(49	)		—			—			4,829			—
Total notable items, net of tax		11			750			(298	)		51,756			3,750
Net income excluding notable items	$	34,477		$	31,526		$	24,039		$	113,344		$	103,380

Diluted common shares		128,769,564			128,593,874			121,401,285			126,774,552			121,108,594
EPS excluding notable items	$	0.27		$	0.25		$	0.20		$	0.89		$	0.85
Average assets	$	18,595,446		$	18,548,982		$	17,228,881		$	18,244,370		$	17,746,408
ROA excluding notable items (annualized)		0.74	%		0.68	%		0.56	%		0.62	%		0.58	%
Average equity	$	2,275,285		$	2,237,375		$	2,156,858		$	2,221,699		$	2,130,140
ROE excluding notable items (annualized)		6.06	%		5.64	%		4.46	%		5.10	%		4.85	%
Average TCE	$	1,751,167		$	1,712,353		$	1,689,837		$	1,711,295		$	1,662,520
ROTCE excluding notable items (annualized)		7.88	%		7.36	%		5.69	%		6.62	%		6.22	%

	Three Months Ended									Twelve Months Ended
NONINTEREST INCOME EXCLUDING NOTABLE ITEMS	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Noninterest income	$	18,351		$	15,385		$	15,881		$	26,468		$	47,077
Notable items:
Loss on investment portfolio repositioning		—			—			—			38,856			—
Restructuring-related net gain on branch sale		—			—			(1,006	)		—			(1,006	)
Noninterest income excluding notable items	$	18,351		$	15,385		$	14,875		$	65,324		$	46,071

	Three Months Ended									Twelve Months Ended
EFFICIENCY RATIO EXCLUDING NOTABLE ITEMS	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Noninterest expense	$	99,428		$	96,861		$	77,590		$	389,623		$	324,684
Notable items:
FDIC special assessment (expense) reversal		691			—			—			691			(691	)
Merger and restructuring-related costs		(776	)		(958	)		(583	)		(21,534	)		(5,627	)
Noninterest expense excluding notable items	$	99,343		$	95,903		$	77,007		$	368,780		$	318,366

Revenue	$	145,756		$	141,942		$	118,016		$	498,702		$	474,928
Notable items:
Loss on investment portfolio repositioning		—			—			—			38,856			—
Restructuring-related net gain on branch sale		—			—			(1,006	)		—			(1,006	)
Revenue excluding notable items	$	145,756		$	141,942		$	117,010		$	537,558		$	473,922

Efficiency ratio excluding notable items		68.16	%		67.56	%		65.81	%		68.60	%		67.18	%

	Three Months Ended									Twelve Months Ended
EFFECTIVE TAX RATE EXCLUDING NOTABLE ITEMS	12/31/2025			9/30/2025			12/31/2024			12/31/2025			12/31/2024
Income before income taxes	$	39,128		$	36,371		$	30,426		$	77,277		$	132,964
Notable items before tax effect		85			958			(423	)		60,252			5,312
Income before tax excluding notable items	$	39,213		$	37,329		$	30,003		$	137,529		$	138,276

GAAP income tax provision	$	4,662		$	5,595		$	6,089		$	15,689		$	33,334
Tax effect on notable items in pre-tax income		25			208			(125	)		13,325			1,562
Notable impact from California state tax apportionment law change		49			—			—			(4,829	)		—
Income tax provision excluding notable items	$	4,736		$	5,803		$	5,964		$	24,185		$	34,896

Effective tax rate excluding notable items		12.08	%		15.55	%		19.88	%		17.59	%		25.24	%

View source version on businesswire.com: https://www.businesswire.com/news/home/20260127735865/en/

Julianna Balicka

Executive Vice President & Chief Financial Officer

InvestorRelations@bankofhope.com

Source: Hope Bancorp, Inc.

Hope Bancorp Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2025

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Hope Bancorp Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2025

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NASDAQ:HOPE

HOPE Rankings

HOPE Latest News

HOPE Latest SEC Filings

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