Hope Bancorp, Inc. (HOPE) Tops Q4 EPS by 2c
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Hope Bancorp Reports 2021 Fourth Quarter and Full-Year Financial Results
January 24, 2022 4:15 PM ESTLOS 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 full year ended December 31, 2021.
For the three months ended December 31, 2021, net income totaled $51.6 million, or $0.43 per diluted common share. This compares with net income of $55.5 million, or $0.45 per diluted common share, in the third quarter of 2021 and $28.3 million, or $0.23 per diluted common share, in the fourth quarter of 2020. Pre-provision net revenue(1) for the 2021 fourth quarter increased 10% over the 2021 third quarter and increased 18% over the... More
