Hope Bancorp, Inc. (HOPE) Tops Q1 EPS by 4c

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Go back to Hope Bancorp, Inc. (HOPE) Tops Q1 EPS by 4c

Hope Bancorp Reports 2021 First Quarter Financial Results

April 27, 2021 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 its first quarter ended March 31, 2021.

For the three months ended March 31, 2021, net income totaled $43.7 million, or $0.35 per diluted common share, representing an increase of 54% from $28.3 million, or $0.23 per diluted common share in the fourth quarter of 2020 and an increase of 68% from $26.0 million, or $0.21 per diluted common share, in the year-ago first quarter.

First quarter results were solid, reflecting the continued benefits of the operational improvements that we... More