Hope Bancorp, Inc. (HOPE) Reports In-Line Q1 EPS

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Go back to Hope Bancorp, Inc. (HOPE) Reports In-Line Q1 EPS

Hope Bancorp Reports 2019 First Quarter Financial Results

April 16, 2019 4:30 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the Company) (NASDAQ: HOPE), the holding company of Bank of Hope (the Bank), today reported unaudited financial results for the three months ended March 31, 2019. Net income for the 2019 first quarter totaled $42.8 million, or $0.34 per diluted common share. This compares with net income for the preceding 2018 fourth quarter of $44.4 million, or $0.35 per diluted common share and $51.2 million, or $0.38 per diluted common share, for the 2018 first quarter.

First quarter results underscore our 2019 strategic priorities focused on driving profitable growth and protecting margins, said Kevin S. Kim, President and Chief Executive... More