Hope Bancorp Inc (HOPE)
NASDAQ:HOPE
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.26Last Year’s EPS
-0.22Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong year‑over‑year financial performance (notably net income, pre‑provision net revenue, NII and margin expansion), improved efficiency and improving asset quality, and a strategically important, accretive acquisition (SMBC Manubank) that materially boosts loans and deposits. Offsetting items include a QoQ decline in net income, higher net charge‑offs and provisions this quarter, modest softening in noninterest income, and a noted CRE concentration on a pro forma basis that management is actively managing. On balance, the positive operational and strategic developments, together with clear capital actions and guidance for meaningful loan and revenue growth (including the accretive acquisition), outweigh the near‑term credit and noninterest income headwinds.Company Guidance
Strong Net Income Growth Year‑over‑Year
Net income of $30.0M in Q1 2026, up 40% YoY from $21.0M a year ago (despite a QoQ decline from $34M driven by higher provision and taxes).
Pre‑Provision Net Revenue Expansion
Pre‑provision net revenue of $47M, up 43% YoY (from $33M) and up 1% QoQ (from $46M), reflecting revenue growth and improved efficiency.
Net Interest Income and Margin Improvement
Net interest income of $124M, up 23% YoY; net interest margin 2.90%, expanded 36 basis points YoY and unchanged QoQ. Cost of average interest‑bearing deposits down 77 bps YoY to 3.37%.
Loan and Deposit Growth
Gross loans $14.74B, +10% YoY (from $13.34B); deposits $15.73B, +9% YoY and +1% QoQ. Non‑maturity interest‑bearing deposits +3% QoQ; lower‑cost mix as higher‑cost CDs ran off.
Asset Quality Improvement Trends
Criticized loans declined to $325M, down 7% QoQ and 28% YoY; criticized loan ratio improved to 2.22% (from 3.36% a year ago); nonperforming loans and special mention balances reduced sequentially.
Improved Efficiency and Expense Discipline
Noninterest expense $94M (down from $99M QoQ) and efficiency ratio improved to 67% (from 72% YoY and 68.2% QoQ), demonstrating operating leverage despite acquisition‑related expense increases year‑over‑year.
Strategic, Accretive Acquisition (SMBC Manubank Commercial Unit)
Pending Manubank acquisition expected to add ~ $2.5B in C&I/CRE loans and ~$2.7B in deposits (only ~3% CDs), to deepen LA market presence and commercial capabilities; management expects meaningful accretion in 2027 and ~2‑year tangible book earn‑back.
Capital Returns and Shareholder Actions
Repurchased ~604k shares for $7M (~0.5% of shares outstanding) with $29M remaining authorization; board declared quarterly dividend of $0.14 per share.
HOPE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HOPE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $12.51 | $12.77 | +2.05% |
Jan 27, 2026 | $11.52 | $11.89 | +3.23% |
Sep 30, 2025 | $10.33 | $10.39 | +0.56% |
Jul 22, 2025 | $10.81 | $10.31 | -4.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hope Bancorp Inc (HOPE) report earnings?
Hope Bancorp Inc (HOPE) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Hope Bancorp Inc (HOPE) earnings time?
Hope Bancorp Inc (HOPE) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HOPE EPS forecast?
HOPE EPS forecast for the fiscal quarter 2026 (Q2) is 0.26.