Hope Bancorp Reports Financial Results for the Third Quarter of 2025

Net income of $30.8 million, up 28% 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 third quarter ended September 30, 2025.

For the three months ended September 30, 2025, the Company recorded net income of $30.8 million, or $0.24 per diluted common share, up 28% from net income of $24.2 million, or $0.20 per diluted share, for the three months ended September 30, 2024, and up from a net loss of $27.9 million, or $(0.22) per diluted common share, for the three months ended June 30, 2025. The second quarter of 2025 reported loss reflected notable items related to a securities portfolio repositioning, the completion of the Territorial Bancorp Inc. (“Territorial”) acquisition on April 2, 2025, and a change to the California state tax apportionment law.

Excluding notable items⁽¹⁾, net income for the third quarter of 2025 was $31.6 million, or $0.25 per diluted common share, up 26% from $25.2 million year-over-year, and up 29% from $24.5 million for the second quarter of 2025.

“We are pleased to report strong earnings growth for the third quarter of 2025, driven by the momentum that we have been building in our business lines. Net interest income grew a robust 8% quarter-over-quarter, which was our highest linked quarter organic growth in three years,” commented Kevin S. Kim, Chairman, President and Chief Executive Officer. “In addition, positive operating leverage and lower credit costs contributed to the strong earnings growth and improved profitability this quarter.”

“Highlights this quarter included diversified loan growth, lower cost of deposits and improved asset quality with a 10% reduction in criticized loans from June 30, 2025. We have been making sustained investments in talent at Bank of Hope to strengthen our loan production capabilities, and we remain focused on enhancing our deposit mix and reducing our cost of funds. The linked quarter net interest margin expansion of 20 basis points for the third quarter of 2025 was our widest since 2012.”

“Our capital levels are strong, and our liquidity is ample. This quarter reflects progress that we have been making on our strategic priorities to improve our financial performance, laying a strong foundation for the coming years. I want to extend my gratitude to all the bankers at Bank of Hope for their unwavering dedication and commitment to excellence. Their hard work is the driving force behind our continued growth and success, and I am proud of what we are building together as the leading regional bank catering to multicultural customers across the continental United States and Hawaii,” concluded Kim.

(1)	Net income excluding notable items is a non-GAAP financial measure. Notable items in the third quarter of 2025 and in the third quarter of 2024 comprised merger-related expenses. Notable items in the second quarter of 2025 comprised a loss on restructuring of investment securities, merger-related items and an impact of California state tax law change. 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 Third Quarter of 2025

Net interest income and net interest margin. Net interest income before provision for credit losses totaled $126.6 million for the third quarter of 2025, an increase of $9.1 million, or 8%, compared with $117.5 million for the second quarter of 2025. Net interest margin for the third quarter of 2025 expanded by 20 basis points to 2.89%, up from 2.69% for the second quarter of 2025.

The quarter-over-quarter increase in net interest income and expansion in net interest margin were primarily driven by average loan growth, higher yields on earning assets, and a lower cost of interest bearing deposits. Quarter-over-quarter, the yield on average investment securities increased 52 basis points to 3.77% for the third quarter of 2025, reflecting a securities portfolio repositioning executed in the second quarter of 2025. For the third quarter of 2025, the yield on average loans was up five basis points sequentially to 5.93% and the cost of average interest bearing deposits decreased eight basis points sequentially to 3.69%.

Noninterest income. For the third quarter of 2025, noninterest income totaled $15.4 million, compared with $(23.0) million for the second quarter of 2025. Noninterest income for the second quarter of 2025 included a net loss on sales of available-for-sale securities of $38.9 million, pre-tax, related to an investment securities portfolio repositioning executed in June 2025. Excluding the net loss on sales of securities, which the Company considered a notable item, noninterest income⁽²⁾ for the third quarter of 2025 decreased $515 thousand quarter-over-quarter. Growth in deposit service fees, international service fees, loan-related fees, foreign exchange and wire fees was offset by decreases in customer swap fee income and lower net gains on the sale of SBA loans. The Company sold $48.1 million of SBA loans in the third quarter of 2025, compared with $67.4 million in the second quarter of 2025.

Noninterest expense. Noninterest expense for the third quarter of 2025 totaled $96.9 million, down from noninterest expense of $109.5 million for the second quarter of 2025. Excluding notable items, which consisted of merger-related expenses, noninterest expense⁽²⁾ for the third quarter of 2025 was $95.9 million, up 4% from $92.2 million for the second quarter of 2025. The quarter-over-quarter change in noninterest expense, excluding notable items⁽²⁾, was primarily driven by an increase in compensation-related costs, reflecting the Company’s sustained investment in talent to support growth. Revenue growth outpaced expense growth, generating positive operating leverage, and the efficiency ratio, excluding notable items⁽²⁾, improved quarter-over-quarter to 67.5% for the third quarter of 2025, compared with 69.1% for the second quarter of 2025.

Income tax provision (benefit) and tax rate. For the third quarter of 2025, the Company recorded a provision for income tax of $5.6 million, compared with an income tax benefit of $2.0 million for the second quarter of 2025. For the second quarter of 2025, tax expense and tax rate included the impact of several notable items: a net loss on sales of securities related to an investment securities repositioning, merger-related items, and a change in California’s state tax apportionment law. For the third quarter of 2025, the reported effective tax rate was 15.4%.

(2)	Noninterest income excluding notable items, noninterest expense 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 to 12.

Balance Sheet Summary

Total assets. At September 30, 2025, total assets totaled $18.51 billion, compared with $18.55 billion as of June 30, 2025.

Loans. At September 30, 2025, gross loans totaled $14.62 billion, up 1.2%, or 4.8% annualized, from $14.45 billion at June 30, 2025. All major loan segments grew in the third quarter of 2025, led by residential mortgage, which increased 4.6% quarter-over-quarter.

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

(dollars in thousands) (unaudited)	9/30/2025						6/30/2025						9/30/2024
	Balance			Percentage			Balance			Percentage			Balance			Percentage
Commercial real estate (“CRE”) loans	$	8,418,797		57.6	%		$	8,385,764		58.0	%		$	8,630,757		63.3	%
Commercial and industrial (“C&I”)
loans		3,736,497		25.6	%			3,725,295		25.8	%			3,901,368		28.6	%
Residential mortgage and other loans		2,431,605		16.6	%			2,323,728		16.1	%			1,085,863		7.9	%
Loans receivable		14,586,899		99.8	%			14,434,787		99.9	%			13,617,988		99.8	%
Loans held for sale		33,118		0.2	%			12,051		0.1	%			25,714		0.2	%
Gross loans	$	14,620,017		100.0	%		$	14,446,838		100.0	%		$	13,643,702		100.0	%

Deposits. Total deposits of $15.83 billion at September 30, 2025, decreased 1% from $15.94 billion at June 30, 2025, reflecting a decrease in brokered deposits, partially offset by growth in customer deposit balances. During the third quarter of 2025, brokered deposits decreased $139.5 million, down 18% quarter-over-quarter. Noninterest bearing demand deposits grew 1% quarter-over-quarter.

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

(dollars in thousands) (unaudited)	9/30/2025						6/30/2025						9/30/2024
	Balance			Percentage			Balance			Percentage			Balance			Percentage
Noninterest bearing demand deposits	$	3,507,659		22.2	%		$	3,485,502		21.9	%		$	3,722,985		25.3	%
Money market, interest bearing
demand, and savings deposits		5,995,488		37.9	%			6,102,999		38.3	%			5,013,305		34.0	%
Time deposits		6,328,115		39.9	%			6,354,854		39.8	%			5,993,208		40.7	%
Total deposits	$	15,831,262		100.0	%		$	15,943,355		100.0	%		$	14,729,498		100.0	%
Gross loan-to-deposit ratio				92.3	%					90.6	%					92.6	%

Credit Quality and Allowance for Credit Losses

Criticized loans. Criticized loans decreased $41.9 million, or 10%, to $372.9 million at September 30, 2025, down from $414.7 million at June 30, 2025, driven by improvement in C&I criticized loans, which decreased 17% quarter-over-quarter. Total classified loans were down $35.9 million, or 13%, and total special mention loans were down $5.9 million, or 4%, from June 30, 2025. The criticized loans to total loans ratio improved to 2.56% at September 30, 2025, down 31 basis points from 2.87% at June 30, 2025.

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

(dollars in thousands) (unaudited)	9/30/2025				6/30/2025				9/30/2024
Special mention loans	$	131,384			$	137,313			$	184,443
Classified loans		241,481				277,418				321,283
Total criticized loans	$	372,865			$	414,731			$	505,726
Criticized loans/total loans		2.56	%			2.87	%			3.71	%

Nonperforming assets. Nonperforming assets totaled $112.2 million, or 0.61% of total assets, at September 30, 2025, compared with $112.9 million, or 0.61% of total assets, at June 30, 2025.

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

(dollars in thousands) (unaudited)	9/30/2025				6/30/2025				9/30/2024
Loans on nonaccrual status (1)	$	110,008			$	110,739			$	103,602
Accruing delinquent loans past due 90 days or more		2,149				2,149				226
Total nonperforming loans		112,157				112,888				103,828
Other real estate owned		—				—				—
Total nonperforming assets	$	112,157			$	112,888			$	103,828
Nonperforming assets/total assets		0.61	%			0.61	%			0.60	%

(1)	Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $15.3 million, $15.3 million and $13.1 million at September 30, 2025, June 30, 2025, and September 30, 2024, respectively.

Net charge offs. The Company recorded net charge-offs of $5.1 million for the third quarter of 2025, equivalent to 0.14%, annualized, of average loans. This compares with net charge-offs of $12.0 million, or 0.33%, annualized, of average loans for the second quarter of 2025. The quarter-over-quarter improvement reflects lower charge-offs in C&I loans.

Allowance for credit losses. The allowance for credit losses totaled $152.5 million at September 30, 2025, compared with $149.5 million at June 30, 2025. The allowance coverage ratio was 1.05% of loans receivable at September 30, 2025, compared with 1.04% at June 30, 2025.

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

(dollars in thousands) (unaudited)	9/30/2025				6/30/2025				9/30/2024
Allowance for credit losses	$	152,509			$	149,505			$	153,270
Allowance for credit losses/loans receivable		1.05	%			1.04	%			1.13	%

Provision for credit losses. For the third quarter of 2025, the Company recorded provision for credit losses of $8.7 million. This compares with provision for credit losses of $15.0 million for the second quarter of 2025, which included $4.5 million of merger-related provision expenses that the Company considered a notable item. The quarter-over-quarter decrease in the provision for credit losses, excluding notable items⁽³⁾, largely reflected lower net charge-offs during the third quarter of 2025.

(3)	Provision for credit losses excluding notable items is a non-GAAP financial measure. 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.

Capital

At September 30, 2025, the Company and the Bank’s strong capital ratios continued to exceed all regulatory capital requirements generally required to meet the definition of a “well-capitalized” financial institution. All capital ratios increased quarter-over-quarter from June 30, 2025. The completion of the Territorial acquisition on April 2, 2025, impacted prior year capital ratio comparisons.

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

(unaudited)	9/30/2025			6/30/2025			9/30/2024			Minimum Guideline for “Well-Capitalized”
Common Equity Tier 1 Capital Ratio	12.12	%		12.06	%		13.07	%		6.50	%
Tier 1 Capital Ratio	12.81	%		12.76	%		13.79	%		8.00	%
Total Capital Ratio	13.83	%		13.76	%		14.82	%		10.00	%
Leverage Ratio	10.85	%		10.57	%		11.61	%		5.00	%

At September 30, 2025, total stockholders’ equity was $2.26 billion, an increase of 1% compared with $2.22 billion at June 30, 2025. Tangible common equity (“TCE”) per share⁽⁴⁾ was $13.51 at September 30, 2025, compared with $13.26 at June 30, 2025. The TCE ratio⁽⁴⁾ was 9.63% at September 30, 2025, up 20 basis points compared with 9.43% at June 30, 2025.

The following table sets forth the TCE per share and the TCE ratio at September 30, 2025, June 30, 2025, and September 30, 2024. The year-over-year changes between September 30, 2025, and September 30, 2024, primarily reflected the impact of the Territorial acquisition.

(unaudited)	9/30/2025				6/30/2025				9/30/2024
TCE per share	$	13.51			$	13.26			$	14.10
TCE ratio		9.63	%			9.43	%			10.08	%

(4)	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, October 28, 2025, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review its unaudited financial results for its third quarter ended September 30, 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 November 4, 2025, replay access code 7734578.

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 of Bank of Hope, the only regional Korean American bank in the United States with $18.51 billion in total assets as of September 30, 2025. With the addition of Territorial Savings, a division of Bank of Hope, effective April 2, 2025, the Company became the largest regional bank catering to multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, the Bank provides a full suite of commercial, corporate and consumer loans, deposit and fee-based products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and other consumer lending; treasury management services, foreign currency exchange solutions, interest rate derivative products, and international trade financing, among others. The Bank 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. The Bank 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. 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:	9/30/2025				6/30/2025				% change			9/30/2024				% change
Cash and due from banks	$	454,909			$	689,734			(34	)%		$	680,857			(33	)%
Investment securities		2,266,034				2,268,889			—	%			2,177,301			4	%
Federal Home Loan Bank (“FHLB”) stock and other investments		106,411				106,752			—	%			57,158			86	%
Gross loans, including loans held for sale		14,620,017				14,446,838			1	%			13,643,702			7	%
Allowance for credit losses		(152,509	)			(149,505	)		2	%			(153,270	)		—	%
Accrued interest receivable		53,159				53,589			(1	)%			51,898			2	%
Premises and equipment, net		69,152				69,141			—	%			51,543			34	%
Goodwill and intangible assets		524,503				525,428			—	%			467,182			12	%
Other assets		566,059				536,151			6	%			377,818			50	%
Total assets	$	18,507,735			$	18,547,017			—	%		$	17,354,189			7	%
Liabilities:
Deposits	$	15,831,262			$	15,943,355			(1	)%		$	14,729,498			7	%
FHLB and Federal Reserve Bank (“FRB”) borrowings		24,878				29,752			(16	)%			100,000			(75	)%
Subordinated debentures and convertible notes, net		110,610				110,263			—	%			109,249			1	%
Accrued interest payable		74,376				72,004			3	%			107,017			(31	)%
Other liabilities		210,713				167,526			26	%			138,640			52	%
Total liabilities	$	16,251,839			$	16,322,900			—	%		$	15,184,404			7	%
Stockholders’ Equity:
Common stock, $0.001 par value	$	146			$	146			—	%		$	138			6	%
Additional paid-in capital		1,521,669				1,520,129			—	%			1,442,993			5	%
Retained earnings		1,152,810				1,139,913			1	%			1,174,100			(2	)%
Treasury stock, at cost		(264,667	)			(264,667	)		—	%			(264,667	)		—	%
Accumulated other comprehensive loss, net		(154,062	)			(171,404	)		10	%			(182,779	)		16	%
Total stockholders’ equity		2,255,896				2,224,117			1	%			2,169,785			4	%
Total liabilities and stockholders’ equity	$	18,507,735			$	18,547,017			—	%		$	17,354,189			7	%
Common stock shares – authorized		300,000,000				300,000,000							300,000,000
Common stock shares – outstanding		128,185,271				128,124,458							120,737,908
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																	Nine Months Ended
	9/30/2025			6/30/2025				% change			9/30/2024				% change			9/30/2025				9/30/2024			% change
Interest and fees on loans	$	216,859		$	211,441			3	%		$	210,022			3	%		$	623,261			$	633,331		(2	)%
Interest on investment securities		21,467			17,769			21	%			16,741			28	%			55,128				51,619		7	%
Interest on cash and deposits at other banks		5,273			8,783			(40	)%			7,507			(30	)%			19,261				39,974		(52	)%
Interest on other investments and FHLB dividends		1,186			1,177			1	%			814			46	%			3,471				2,435		43	%
Total interest income		244,785			239,170			2	%			235,084			4	%			701,121				727,359		(4	)%
Interest on deposits		115,425			118,852			(3	)%			127,193			(9	)%			347,862				373,803		(7	)%
Interest on borrowings		2,718			2,785			(2	)%			3,082			(12	)%			8,267				27,840		(70	)%
Total interest expense		118,143			121,637			(3	)%			130,275			(9	)%			356,129				401,643		(11	)%
Net interest income before provision		126,642			117,533			8	%			104,809			21	%			344,992				325,716		6	%
Provision for credit losses		8,710			15,000			(42	)%			3,280			166	%			28,510				7,280		292	%
Net interest income after provision		117,932			102,533			15	%			101,529			16	%			316,482				318,436		(1	)%
Service fees on deposit accounts		3,235			3,106			4	%			2,651			22	%			9,262				7,919		17	%
Net gains on sales of SBA loans		2,774			3,998			(31	)%			2,722			2	%			9,903				4,702		111	%
Net (losses) gains on sales of securities available for sale		—			(38,856	)		(100	)%			(326	)		(100	)%			(38,856	)			99		N/A
Other income and fees		9,376			8,796			7	%			6,792			38	%			27,808				18,476		51	%
Total noninterest income (loss)		15,385			(22,956	)		N/A				11,839			30	%			8,117				31,196		(74	)%
Salaries and employee benefits		54,910			52,834			4	%			44,160			24	%			156,204				135,844		15	%
Occupancy		9,153			8,884			3	%			6,940			32	%			25,203				20,632		22	%
Furniture and equipment		7,895			7,817			1	%			5,341			48	%			21,425				16,156		33	%
Data processing and communications		4,231			3,602			17	%			3,112			36	%			10,740				9,099		18	%
Amortization of investments in affordable housing partnerships		3,216			2,430			32	%			2,206			46	%			7,607				6,623		15	%
FDIC assessment		2,942			2,488			18	%			2,200			34	%			7,932				8,129		(2	)%
FDIC special assessment		—			—			—	%			—			—	%			—				691		(100	)%
Earned interest credit		3,529			3,310			7	%			6,869			(49	)%			9,926				18,842		(47	)%
Merger and restructuring related costs		958			17,281			(94	)%			1,433			(33	)%			20,758				5,044		312	%
Other noninterest expense		10,027			10,827			(7	)%			9,007			11	%			30,400				26,034		17	%
Total noninterest expense		96,861			109,473			(12	)%			81,268			19	%			290,195				247,094		17	%
Income (loss) before income taxes		36,456			(29,896	)		N/A				32,100			14	%			34,404				102,538		(66	)%
Income tax provision (benefit)		5,613			(2,015	)		N/A				7,941			(29	)%			10,346				27,245		(62	)%
Net income (loss)	$	30,843		$	(27,881	)		N/A			$	24,159			28	%		$	24,058			$	75,293		(68	)%
Earnings (loss) per common share – diluted	$	0.24		$	(0.22	)					$	0.20						$	0.19			$	0.62
Weighted average shares outstanding – diluted		128,593,874			128,223,991							121,159,977							126,110,136				121,027,793

Hope Bancorp, Inc. Selected Financial Data Unaudited
	For the Three Months Ended									For the Nine Months Ended
Profitability measures (annualized):	9/30/2025			6/30/2025			9/30/2024			9/30/2025			9/30/2024
Return on average assets (“ROA”)	0.67	%		-0.60	%		0.56	%		0.18	%		0.56	%
ROA excluding notable items (1)	0.68	%		0.52	%		0.58	%		0.58	%		0.59	%
Return on average equity (“ROE”)	5.52	%		-5.02	%		4.52	%		1.46	%		4.73	%
ROE excluding notable items (1)	5.66	%		4.42	%		4.71	%		4.78	%		4.99	%
Return on average tangible common equity (“ROTCE”) (1)	7.22	%		-6.58	%		5.78	%		1.89	%		6.07	%
ROTCE excluding notable items (1)	7.39	%		5.79	%		6.02	%		6.21	%		6.40	%
Net interest margin	2.89	%		2.69	%		2.55	%		2.71	%		2.57	%
Efficiency ratio (not annualized)	68.20	%		115.75	%		69.67	%		82.18	%		69.23	%
Efficiency ratio excluding notable items (not annualized) (1)	67.52	%		69.09	%		68.44	%		68.74	%		67.62	%

(1)

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
	9/30/2025									6/30/2025									9/30/2024
				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	$	14,518,721		$	216,859		5.93	%		$	14,423,923		$	211,441		5.88	%		$	13,574,539		$	210,022		6.16	%
Investment securities		2,256,228			21,467		3.77	%			2,192,533			17,769		3.25	%			2,182,847			16,741		3.05	%
Interest earning cash and deposits at other banks		488,992			5,273		4.28	%			807,979			8,783		4.36	%			570,754			7,507		5.23	%
FHLB stock and other investments		97,584			1,186		4.82	%			98,052			1,177		4.81	%			48,956			814		6.61	%
Total interest earning assets	$	17,361,525		$	244,785		5.59	%		$	17,522,487		$	239,170		5.47	%		$	16,377,096		$	235,084		5.71	%
INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings	$	6,045,464		$	49,458		3.25	%		$	6,278,578		$	51,884		3.31	%		$	4,963,727		$	50,707		4.06	%
Time deposits		6,359,578			65,967		4.12	%			6,353,525			66,968		4.23	%			6,053,924			76,486		5.03	%
Total interest bearing deposits		12,405,042			115,425		3.69	%			12,632,103			118,852		3.77	%			11,017,651			127,193		4.59	%
FHLB and FRB borrowings		27,286			273		3.97	%			48,671			364		3.00	%			120,326			329		1.09	%
Subordinated debentures and convertible notes		106,485			2,445		8.98	%			106,150			2,421		9.02	%			105,152			2,753		10.24	%
Total interest bearing liabilities	$	12,538,813		$	118,143		3.74	%		$	12,786,924		$	121,637		3.82	%		$	11,243,129		$	130,275		4.61	%
Noninterest bearing demand deposits		3,506,559									3,464,085									3,704,088
Total funding liabilities/cost of funds	$	16,045,372					2.92	%		$	16,251,009					3.00	%		$	14,947,217					3.47	%
Net interest income/net interest spread				$	126,642		1.85	%					$	117,533		1.65	%					$	104,809		1.10	%
Net interest margin							2.89	%								2.69	%								2.55	%
Cost of deposits:
Noninterest bearing demand deposits	$	3,506,559		$	—		—	%		$	3,464,085		$	—		—	%		$	3,704,088		$	—		—	%
Interest bearing deposits		12,405,042			115,425		3.69	%			12,632,103			118,852		3.77	%			11,017,651			127,193		4.59	%
Total deposits	$	15,911,601		$	115,425		2.88	%		$	16,096,188		$	118,852		2.96	%		$	14,721,739		$	127,193		3.44	%

Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands)
	Nine Months Ended
	9/30/2025									9/30/2024
				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	$	14,136,511		$	623,261		5.89	%		$	13,637,335		$	633,331		6.20	%
Investment securities		2,178,155			55,128		3.38	%			2,224,972			51,619		3.10	%
Interest earning cash and deposits at other banks		607,549			19,261		4.24	%			1,004,606			39,974		5.32	%
FHLB stock and other investments		94,272			3,471		4.92	%			48,520			2,435		6.70	%
Total interest earning assets	$	17,016,487		$	701,121		5.51	%		$	16,915,433		$	727,359		5.74	%
INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings	$	5,927,729		$	151,960		3.43	%		$	4,994,958		$	149,560		4.00	%
Time deposits		6,131,577			195,902		4.27	%			5,987,121			224,243		5.00	%
Total interest bearing deposits		12,059,306			347,862		3.86	%			10,982,079			373,803		4.55	%
FHLB and FRB borrowings		65,441			993		2.03	%			672,332			19,612		3.90	%
Subordinated debentures and convertible notes		106,153			7,274		9.04	%			104,824			8,228		10.31	%
Total interest bearing liabilities	$	12,230,900		$	356,129		3.89	%		$	11,759,235		$	401,643		4.56	%
Noninterest bearing demand deposits		3,439,051									3,724,716
Total funding liabilities/cost of funds	$	15,669,951					3.04	%		$	15,483,951					3.46	%
Net interest income/net interest spread				$	344,992		1.62	%					$	325,716		1.18	%
Net interest margin							2.71	%								2.57	%
Cost of deposits:
Noninterest bearing demand deposits	$	3,439,051		$	—		—	%		$	3,724,716		$	—		—	%
Interest bearing deposits		12,059,306			347,862		3.86	%			10,982,079			373,803		4.55	%
Total deposits	$	15,498,357		$	347,862		3.00	%		$	14,706,795		$	373,803		3.40	%

Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands)
	Three Months Ended															Nine Months Ended
AVERAGE BALANCES:	9/30/2025			6/30/2025			% change			9/30/2024			% change			9/30/2025			9/30/2024			% change
Gross loans, including loans held for sale	$	14,518,721		$	14,423,923		1	%		$	13,574,539		7	%		$	14,136,511		$	13,637,335		4	%
Investment securities		2,256,228			2,192,533		3	%			2,182,847		3	%			2,178,155			2,224,972		(2	)%
Interest earning cash and deposits at other banks		488,992			807,979		(39	)%			570,754		(14	)%			607,549			1,004,606		(40	)%
Interest earning assets		17,361,525			17,522,487		(1	)%			16,377,096		6	%			17,016,487			16,915,433		1	%
Goodwill and intangible assets		525,022			525,048		—	%			467,419		12	%			505,782			467,822		8	%
Total assets		18,545,851			18,724,864		(1	)%			17,369,169		7	%			18,123,718			17,920,176		1	%
Noninterest bearing demand deposits		3,506,559			3,464,085		1	%			3,704,088		(5	)%			3,439,051			3,724,716		(8	)%
Interest bearing deposits		12,405,042			12,632,103		(2	)%			11,017,651		13	%			12,059,306			10,982,079		10	%
Total deposits		15,911,601			16,096,188		(1	)%			14,721,739		8	%			15,498,357			14,706,795		5	%
Interest bearing liabilities		12,538,813			12,786,924		(2	)%			11,243,129		12	%			12,230,900			11,759,235		4	%
Stockholders’ equity		2,234,244			2,220,633		1	%			2,139,861		4	%			2,201,301			2,121,169		4	%
LOAN PORTFOLIO COMPOSITION:	9/30/2025			6/30/2025			% change			9/30/2024			% change
Commercial real estate (“CRE”) loans	$	8,418,797		$	8,385,764		—	%		$	8,630,757		(2	)%
Commercial and industrial (“C&I”) loans		3,736,497			3,725,295		—	%			3,901,368		(4	)%
Residential mortgage and other loans		2,431,605			2,323,728		5	%			1,085,863		124	%
Loans receivable		14,586,899			14,434,787		1	%			13,617,988		7	%
Loans held for sale		33,118			12,051		175	%			25,714		29	%
Gross loans	$	14,620,017		$	14,446,838		1	%		$	13,643,702		7	%
CRE LOANS BY PROPERTY TYPE:	9/30/2025			6/30/2025			% change			9/30/2024			% change
Multi-tenant retail	$	1,612,673		$	1,589,994		1	%		$	1,640,769		(2	)%
Industrial warehouses		1,285,752			1,260,991		2	%			1,244,891		3	%
Multifamily		1,219,701			1,211,785		1	%			1,204,734		1	%
Gas stations and car washes		1,116,447			1,106,007		1	%			1,021,537		9	%
Mixed-use facilities		665,239			671,144		(1	)%			826,045		(19	)%
Hotels/motels		771,089			754,449		2	%			800,707		(4	)%
Single-tenant retail		629,269			647,374		(3	)%			663,178		(5	)%
Office		330,736			340,329		(3	)%			396,131		(17	)%
All other		787,891			803,691		(2	)%			832,765		(5	)%
Total CRE loans	$	8,418,797		$	8,385,764		—	%		$	8,630,757		(2	)%
DEPOSIT COMPOSITION:	9/30/2025			6/30/2025			% change			9/30/2024			% change
Noninterest bearing demand deposits	$	3,507,659		$	3,485,502		1	%		$	3,722,985		(6	)%
Money market, interest bearing demand, and savings		5,995,488			6,102,999		(2	)%			5,013,305		20	%
Time deposits		6,328,115			6,354,854		—	%			5,993,208		6	%
Total deposits	$	15,831,262		$	15,943,355		(1	)%		$	14,729,498		7	%

Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands, except share and per share data)
CAPITAL & CAPITAL RATIOS:	9/30/2025				6/30/2025				9/30/2024
Total stockholders’ equity	$	2,255,896			$	2,224,117			$	2,169,785
Total capital	$	2,125,254			$	2,092,212			$	2,143,477
Common equity tier 1 ratio		12.12	%			12.06	%			13.07	%
Tier 1 capital ratio		12.81	%			12.76	%			13.79	%
Total capital ratio		13.83	%			13.76	%			14.82	%
Leverage ratio		10.85	%			10.57	%			11.61	%
Total risk weighted assets	$	15,368,455			$	15,206,081			$	14,466,152
Book value per common share	$	17.60			$	17.36			$	17.97
Tangible common equity (“TCE”) per share (1)	$	13.51			$	13.26			$	14.10
TCE ratio (1)		9.63	%			9.43	%			10.08	%
(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																				Nine Months Ended
	9/30/2025				6/30/2025				3/31/2025				12/31/2024				9/30/2024				9/30/2025				9/30/2024
Balance at beginning of period	$	149,505			$	147,412			$	150,527			$	153,270			$	156,019			$	150,527			$	158,694
Initial allowance for purchased credit deteriorated (“PCD”) loans acquired		—				63				—				—				—				63				—
Provision for credit losses on loans		8,100				14,000				5,200				10,100				3,000				27,300				8,300
Recoveries		1,517				2,844				233				704				534				4,594				3,817
Charge offs		(6,613	)			(14,814	)			(8,548	)			(13,547	)			(6,283	)			(29,975	)			(17,541	)
Balance at end of period	$	152,509			$	149,505			$	147,412			$	150,527			$	153,270			$	152,509			$	153,270
	9/30/2025				6/30/2025				3/31/2025				12/31/2024				9/30/2024
Allowance for unfunded loan commitments	$	3,933			$	3,323			$	2,323			$	2,723			$	2,823
	Three Months Ended																				Nine Months Ended
	9/30/2025				6/30/2025				3/31/2025				12/31/2024				9/30/2024				9/30/2025				9/30/2024
Provision for credit losses on loans	$	8,100			$	14,000			$	5,200			$	10,100			$	3,000			$	27,300			$	8,300
Provision (credit) for unfunded loan commitments		610				1,000				(400	)			(100	)			280				1,210				(1,020	)
Provision for credit losses	$	8,710			$	15,000			$	4,800			$	10,000			$	3,280			$	28,510			$	7,280
Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands)
	Three Months Ended																				Nine Months Ended
NET LOAN CHARGE OFFS (RECOVERIES):	9/30/2025				6/30/2025				3/31/2025				12/31/2024				9/30/2024				9/30/2025				9/30/2024
CRE loans	$	(933	)		$	(843	)		$	899			$	156			$	372			$	(877	)		$	389
C&I loans		5,978				11,829				7,384				12,607				5,287				25,191				13,259
Residential mortgage and other loans		51				984				32				80				90				1,067				76
Net loan charge offs	$	5,096			$	11,970			$	8,315			$	12,843			$	5,749			$	25,381			$	13,724
Net charge offs/average loans (annualized)		0.14	%			0.33	%			0.25	%			0.38	%			0.17	%			0.24	%			0.13	%

NONPERFORMING ASSETS:	9/30/2025				6/30/2025				3/31/2025				12/31/2024				9/30/2024
Loans on nonaccrual status (1)	$	110,008			$	110,739			$	83,808			$	90,564			$	103,602
Accruing delinquent loans past due 90 days or more		2,149				2,149				98				229				226
Total nonperforming loans		112,157				112,888				83,906				90,793				103,828
Other real estate owned (“OREO”)		—				—				—				—				—
Total nonperforming assets	$	112,157			$	112,888			$	83,906			$	90,793			$	103,828
Nonperforming assets/total assets		0.61	%			0.61	%			0.49	%			0.53	%			0.60	%
Nonperforming loans/loans receivable		0.77	%			0.78	%			0.63	%			0.67	%			0.76	%
Nonaccrual loans/loans receivable		0.75	%			0.77	%			0.63	%			0.67	%			0.76	%
Allowance for credit losses/loans receivable		1.05	%			1.04	%			1.11	%			1.11	%			1.13	%
Allowance for credit losses/nonperforming loans		135.98	%			132.44	%			175.69	%			165.79	%			147.62	%
(1) Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $15.3 million, $15.3 million, $11.8 million, $12.8 million, and $13.1 million, at September 30, 2025, June 30, 2025, March 31, 2025, December 31, 2024, and September 30, 2024, respectively.
NONACCRUAL LOANS BY TYPE:	9/30/2025				6/30/2025				3/31/2025				12/31/2024				9/30/2024
CRE loans	$	54,016			$	55,368			$	24,106			$	23,396			$	72,228
C&I loans		45,494				46,945				50,544				60,807				24,963
Residential mortgage and other loans		10,498				8,426				9,158				6,361				6,411
Total nonaccrual loans	$	110,008			$	110,739			$	83,808			$	90,564			$	103,602

Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands)
ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE:	9/30/2025			6/30/2025			3/31/2025			12/31/2024			9/30/2024
30 - 59 days past due	$	15,786		$	4,909		$	11,927		$	8,681		$	10,746
60 - 89 days past due		5,117			2,841			27,719			5,164			1,539
Total accruing delinquent loans 30-89 days past due	$	20,903		$	7,750		$	39,646		$	13,845		$	12,285
ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE BY TYPE:	9/30/2025			6/30/2025			3/31/2025			12/31/2024			9/30/2024
CRE loans	$	14,872		$	4,377		$	4,993		$	3,205		$	816
C&I loans		3,356			1,084			27,455			1,288			9,037
Residential mortgage and other loans		2,675			2,289			7,198			9,352			2,432
Total accruing delinquent loans 30-89 days past due	$	20,903		$	7,750		$	39,646		$	13,845		$	12,285
CRITICIZED LOANS:	9/30/2025			6/30/2025			3/31/2025			12/31/2024			9/30/2024
Special mention loans	$	131,384		$	137,313		$	184,659		$	179,073		$	184,443
Classified loans		241,481			277,418			264,064			270,896			321,283
Total criticized loans	$	372,865		$	414,731		$	448,723		$	449,969		$	505,726

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”)	9/30/2025				6/30/2025				9/30/2024
Total stockholders’ equity	$	2,255,896			$	2,224,117			$	2,169,785
Goodwill and core deposit intangible assets, net		(524,503	)			(525,428	)			(467,182	)
TCE	$	1,731,393			$	1,698,689			$	1,702,603
Total assets	$	18,507,735			$	18,547,017			$	17,354,189
Goodwill and core deposit intangible assets, net		(524,503	)			(525,428	)			(467,182	)
Tangible assets	$	17,983,232			$	18,021,589			$	16,887,007
TCE ratio		9.63	%			9.43	%			10.08	%
Common shares outstanding		128,185,271				128,124,458				120,737,908
TCE per share	$	13.51			$	13.26			$	14.10
	Three Months Ended												Nine Months Ended
RETURN ON AVERAGE TANGIBLE COMMON EQUITY (“ROTCE”)	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Average stockholders’ equity	$	2,234,244			$	2,220,633			$	2,139,861			$	2,201,301			$	2,121,169
Average goodwill and core deposit intangible assets, net		(525,022	)			(525,048	)			(467,419	)			(505,782	)			(467,822	)
Average TCE	$	1,709,222			$	1,695,585			$	1,672,442			$	1,695,519			$	1,653,347
Net income (loss)	$	30,843			$	(27,881	)		$	24,159			$	24,058			$	75,293
ROTCE (annualized)		7.22	%			-6.58	%			5.78	%			1.89	%			6.07	%
	Three Months Ended												Nine Months Ended
PROVISION FOR CREDIT LOSSES EXCLUDING NOTABLE ITEMS	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Provision for credit losses	$	8,710			$	15,000			$	3,280			$	28,510			$	7,280
Notable items:
Merger-related provision for credit losses		—				(4,461	)			—				(4,461	)			—
Provision for credit losses excluding notable items	$	8,710			$	10,539			$	3,280			$	24,049			$	7,280
Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands, except share and per share data)
	Three Months Ended												Nine Months Ended
PRE-PROVISION NET REVENUE (“PPNR”)	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Net interest income before provision for credit losses	$	126,642			$	117,533			$	104,809			$	344,992			$	325,716
Noninterest income		15,385				(22,956	)			11,839				8,117				31,196
Revenue		142,027				94,577				116,648				353,109				356,912
Less: Noninterest expense		96,861				109,473				81,268				290,195				247,094
PPNR	$	45,166			$	(14,896	)		$	35,380			$	62,914			$	109,818
Notable items:
Loss on investment portfolio repositioning	$	—			$	38,856			$	—			$	38,856			$	—
FDIC special assessment expense		—				—				—				—				691
Merger and restructuring-related costs		958				17,281				1,433				20,758				5,044
Total notable items included in PPNR		958				56,137				1,433				59,614				5,735
PPNR, excluding notable items	$	46,124			$	41,241			$	36,813			$	122,528			$	115,553
	Three Months Ended												Nine Months Ended
PROFITABILITY RATIOS EXCLUDING NOTABLE ITEMS	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Net income (loss)	$	30,843			$	(27,881	)		$	24,159			$	24,058			$	75,293
Notable items:
Merger-related provision for credit losses		—				4,461				—				4,461				—
Loss on investment portfolio repositioning		—				38,856				—				38,856				—
FDIC special assessment expense		—				—				—				—				691
Merger and restructuring-related costs		958				17,281				1,433				20,758				5,044
Total notable items included in pre-tax income		958				60,598				1,433				64,075				5,735
Tax effect on notable items in pre-tax income		(208	)			(13,064	)			(421	)			(14,013	)			(1,687	)
Notable impact from California state tax apportionment law change		—				4,878				—				4,878				—
Total notable items, net of tax		750				52,412				1,012				54,940				4,048
Net income excluding notable items	$	31,593			$	24,531			$	25,171			$	78,998			$	79,341
Diluted common shares		128,593,874				128,223,991				121,159,977				126,110,136				121,027,793
EPS excluding notable items	$	0.25			$	0.19			$	0.21			$	0.63			$	0.66
Average assets	$	18,545,851			$	18,724,864			$	17,369,169			$	18,123,718			$	17,920,176
ROA excluding notable items (annualized)		0.68	%			0.52	%			0.58	%			0.58	%			0.59	%
Average equity	$	2,234,244			$	2,220,633			$	2,139,861			$	2,201,301			$	2,121,169
ROE excluding notable items (annualized)		5.66	%			4.42	%			4.71	%			4.78	%			4.99	%
Average TCE	$	1,709,222			$	1,695,585			$	1,672,442			$	1,695,519			$	1,653,347
ROTCE excluding notable items (annualized)		7.39	%			5.79	%			6.02	%			6.21	%			6.40	%
Hope Bancorp, Inc. Selected Financial Data Unaudited (dollars in thousands, except share and per share data)
	Three Months Ended												Nine Months Ended
NONINTEREST INCOME EXCLUDING NOTABLE ITEMS	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Noninterest income (loss)	$	15,385			$	(22,956	)		$	11,839			$	8,117			$	31,196
Notable items:
Loss on investment portfolio repositioning		—				38,856				—				38,856				—
Noninterest income excluding notable items	$	15,385			$	15,900			$	11,839			$	46,973			$	31,196
	Three Months Ended												Nine Months Ended
EFFICIENCY RATIO EXCLUDING NOTABLE ITEMS	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Noninterest expense	$	96,861			$	109,473			$	81,268			$	290,195			$	247,094
Notable items:
FDIC special assessment expense		—				—				—				—				(691	)
Merger and restructuring-related costs		(958	)			(17,281	)			(1,433	)			(20,758	)			(5,044	)
Noninterest expense excluding notable items	$	95,903			$	92,192			$	79,835			$	269,437			$	241,359
Revenue	$	142,027			$	94,577			$	116,648			$	353,109			$	356,912
Notable items:
Loss on investment portfolio repositioning		—				38,856				—				38,856				—
Revenue excluding notable items	$	142,027			$	133,433			$	116,648			$	391,965			$	356,912
Efficiency ratio excluding notable items		67.52	%			69.09	%			68.44	%			68.74	%			67.62	%
	Three Months Ended												Nine Months Ended
EFFECTIVE TAX RATE EXCLUDING NOTABLE ITEMS	9/30/2025				6/30/2025				9/30/2024				9/30/2025				9/30/2024
Income (loss) before income taxes	$	36,456			$	(29,896	)		$	32,100			$	34,404			$	102,538
Notable items before tax effect		958				60,598				1,433				64,075				5,735
Income before tax excluding notable items	$	37,414			$	30,702			$	33,533			$	98,479			$	108,273
GAAP income tax provision (benefit)	$	5,613			$	(2,015	)		$	7,941			$	10,346			$	27,245
Tax effect on notable items in pre-tax income		208				13,064				421				14,013				1,687
Notable impact from California state tax apportionment law change		—				(4,878	)			—				(4,878	)			—
Income tax provision excluding notable items	$	5,821			$	6,171			$	8,362			$	19,481			$	28,932
Effective tax rate excluding notable items		15.56	%			20.10	%			24.94	%			19.78	%			26.72	%

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20251028470923/en/

Julianna Balicka

Executive Vice President & Chief Financial Officer

213-235-3235

julianna.balicka@bankofhope.com

Source: Hope Bancorp, Inc.