Hope Bancorp, Inc. (HOPE) Misses Q2 EPS by 2c
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Hope Bancorp Reports 2017 Second Quarter Financial Results
July 25, 2017 4:30 PM EDTQ2 2017 Highlights:
$725.1 million in new loan originations funded during the quarter, up 23% over 1Q 2017Loans receivable increase 3% to $10.82 billion, or 10% on an annualized basisTotal deposits increase 2% to $10.96 billion, despite consolidation of 9 additional branches during 2017Total assets increase 3% to $13.86 billion, or 11% on an annualized basisNet income totals $40.7 million, or $0.30 per diluted common shareLOS ANGELES, July 25, 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 three- and... More
