Hope Bancorp, Inc. (HOPE) Tops Q3 EPS by 3c

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Hope Bancorp Reports 2021 Third Quarter Financial Results

October 25, 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 third quarter and nine months ended September 30, 2021.

For the three months ended September 30, 2021, net income increased 3% to $55.5 million, or $0.45 per diluted common share, from $53.8 million, or $0.43 per diluted common share, in the preceding second quarter and increased 82% from $30.5 million, or $0.25 per diluted common share, in the year-ago third quarter.

We continued to deliver improved operational performance and profitability in the third quarter of 2021, but more... More