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Hope Bancorp Posts Strong Q1 Results, Declares Dividend

Story Highlights
  • Hope Bancorp’s first-quarter 2026 profit rose 40% year-on-year, with stronger revenue, improved funding costs and better efficiency.
  • The bank maintained balance-sheet growth, declared a $0.14 dividend, and advanced an accretive MANUBANK unit acquisition to boost earnings and reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hope Bancorp Posts Strong Q1 Results, Declares Dividend

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The latest update is out from Hope Bancorp ( (HOPE) ).

Hope Bancorp reported unaudited first-quarter 2026 results on April 28, 2026, posting net income of $29.5 million, or $0.23 per diluted share, up 40% from a year earlier but down 14% from the prior quarter. Pre-provision net revenue rose 43% year over year to $46.6 million, supported by a 23% increase in net interest income, improved funding costs, and broad-based noninterest income growth, while the efficiency ratio improved to 67.0% amid disciplined expense control.

Total assets edged up to $18.66 billion and loans remained essentially stable quarter over quarter, with year-on-year growth driven by organic residential mortgages and the Territorial Bancorp acquisition. On April 28, 2026, the board declared a quarterly cash dividend of $0.14 per common share, and management highlighted capital returns via share repurchases and the announced acquisition of SMBC MANUBANK’s Commercial Banking Unit as key levers to strengthen earnings power, optimize capital, and expand its global, multicultural customer base.

The most recent analyst rating on (HOPE) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Hope Bancorp stock, see the HOPE Stock Forecast page.

Spark’s Take on HOPE Stock

According to Spark, TipRanks’ AI Analyst, HOPE is a Neutral.

The score is driven primarily by solid financial footing (stronger balance sheet and supportive cash flow) and an attractive valuation (low P/E and high dividend yield). This is tempered by a weakening profitability trend in the financial statements and only neutral-to-soft technical momentum, while the latest earnings call guidance provides a meaningful positive offset with improving outlook and asset quality.

To see Spark’s full report on HOPE stock, click here.

More about Hope Bancorp

Hope Bancorp, Inc., the holding company of Bank of Hope, operates as a regional bank serving diverse communities and commercial clients, with a growing emphasis on middle-market and multinational customers. The company has been expanding through acquisitions, including Territorial Bancorp in 2025 and a pending deal for the Commercial Banking Unit of SMBC MANUBANK to bolster commercial banking and core deposits.

Average Trading Volume: 926,252

Technical Sentiment Signal: Buy

Current Market Cap: $1.59B

See more insights into HOPE stock on TipRanks’ Stock Analysis page.

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