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Hope Bancorp Inc (HOPE)
NASDAQ:HOPE
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.22Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: 5.23%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive developments, including the successful merger with Territorial Bancorp, strong capital ratios, and increased loan production. However, these were balanced by declines in net interest income, loans receivable, and the presence of net charge-offs. Overall, the sentiment of the call is neutral, reflecting both positive strategic moves and ongoing financial challenges.Company Guidance
During the Hope Bancorp 2025 First Quarter Earnings Conference Call, the company provided several key financial metrics and updates. For the first quarter of 2025, Hope Bancorp reported a net income of $21.1 million, or $0.17 per diluted common share, and $22.9 million, or $0.19 per diluted common share, excluding notable items. Net interest income after provision expense was $96 million, a 4% increase from the previous quarter. The merger with Territorial Bancorp, completed on April 2, 2025, added approximately $1.7 billion in stable low-cost deposits with a weighted average cost of 1.96% and $1 billion in residential mortgage loans. The company declared a quarterly dividend of $0.14 per share and reported total deposits of $14.5 billion as of March 31, 2025. Loan receivables were $13.3 billion, down 2% from year-end 2024, with a notable 7% increase in residential mortgage loans. The net interest margin increased by 4 basis points to 2.54%. Noninterest income for the first quarter was $15.7 million, while noninterest expenses were $84 million. The call also highlighted the company's strong capital ratios and stable asset quality, with nonperforming assets representing 49 basis points of total assets and a provision for credit losses of $4.8 million.Merger with Territorial Bancorp
Completed merger with Territorial Bancorp, contributing approximately $1.7 billion of stable low-cost deposits and $1 billion of residential mortgage loans with pristine asset quality.
Strong Capital Ratios
Reported strong capital ratios that expanded both quarter-over-quarter and year-over-year, providing a healthy cushion to navigate macroeconomic volatility.
Net Interest Margin Increase
Net interest margin increased by 4 basis points quarter-over-quarter to 2.54%.
Noninterest Income Growth
Noninterest income was up 5% from the fourth quarter of 2024, excluding the one-time gain from the sale of Virginia branches.
Loan Production Increase
Loan production in the first quarter increased by 11% year-over-year.
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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
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HOPE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 22, 2025 | $9.56 | $9.73 | +1.78% |
| Jan 27, 2025 | $11.98 | $12.10 | +1.00% |
| Oct 28, 2024 | $12.20 | $12.26 | +0.49% |
| Jul 29, 2024 | $13.07 | $12.53 | -4.13% |
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.
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FAQ
When does Hope Bancorp Inc (HOPE) report earnings?
Hope Bancorp Inc (HOPE) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is Hope Bancorp Inc (HOPE) earnings time?
Hope Bancorp Inc (HOPE) earnings time is at Jul 29, 2025, TBA Not 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 2025 (Q2) is 0.11.
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