Hope Bancorp, Inc. (HOPE) Tops Q2 EPS by 5c

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Go back to Hope Bancorp, Inc. (HOPE) Tops Q2 EPS by 5c

Hope Bancorp Reports 2021 Second Quarter Financial Results

July 20, 2021 4:15 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 second quarter and six months ended June 30, 2021.

For the three months ended June 30, 2021, net income increased 23% to $53.8 million, or $0.43 per diluted common share, from $43.7 million, or $0.35 per diluted common share, in the preceding first quarter and increased 101% from $26.8 million, or $0.22 per diluted common share, in the year-ago second quarter.

Second quarter results underscore the sound management of our operations as the economy gradually recovers from the... More