Hope Bancorp, Inc. (HOPE) Misses Q4 EPS by 2c

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Go back to Hope Bancorp, Inc. (HOPE) Misses Q4 EPS by 2c

Hope Bancorp Reports 2020 Fourth Quarter Financial Results

January 26, 2021 4:46 PM EST

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 its fourth quarter and year ended December 31, 2020.

For the three months ended December 31, 2020, net income totaled $28.3 million, or $0.23 per diluted common share. This compares with net income of $30.5 million, or $0.25 per diluted common share, in the third quarter of 2020 and $43.0 million, or $0.34 per diluted common share, in the fourth quarter of 2019. For the year ended December 31, 2020, net income totaled $111.5 million, or $0.90 per diluted common share, compared with net... More