Hope Bancorp, Inc. (HOPE) Tops Q1 EPS by 1c

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Go back to Hope Bancorp, Inc. (HOPE) Tops Q1 EPS by 1c

Hope Bancorp Reports Record Net Income of $51.2 Million and EPS of $0.38 for 2018 First Quarter

April 17, 2018 4:30 PM EDT

Q1 2018 Highlights:

Q1 net income totals a record $51.2 million, or $0.38 per diluted common shareNew loan originations funded of $764 million, up 15% over preceding Q4New loan commitments during the quarter reaches a record $1.12 billionTotal loans receivable of $11.29 billion reflects a 2% increase linked quarterTotal deposits of $11.51 billion reflects a 6% increase over Q4 2017Total assets increase to $14.51 billion, up 2% over Q4 2017

LOS ANGELES, April 17, 2018 (GLOBE NEWSWIRE) -- Hope Bancorp, Inc. (the Company) (NASDAQ: HOPE), the holding company of Bank of Hope (the Bank), today... More