Hope Bancorp, Inc. (HOPE) Misses Q4 EPS by 1c

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Hope Bancorp Reports 2016 Fourth Quarter and Full-Year Financial Results

January 24, 2017 4:40 PM EST

Q4 2016 Summary:

Loans receivable total $10.54 billion, reflecting a 69% increase year-over-year Total deposits amount to $10.64 billion, reflecting a 68% increase year-over-year Total assets amount to $13.44 billion, reflecting a 70% increase year-over-year Net income totals $40.6 million, or $0.30 per diluted common share, including merger-related expenses of $3.0 millionNew loan originations total $465 million

LOS ANGELES, Jan. 24, 2017 (GLOBE NEWSWIRE) -- 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, 2016.

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