Hope Bancorp, Inc. (HOPE) Maintains Quarterly Dividend at $0.14; 4.1% Yield

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Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

July 29, 2024 8:03 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the Company) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about August 22, 2024, to all stockholders of record as of the close of business on August 8, 2024.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. (NASDAQ: HOPE) is the... More

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

July 29, 2024 8:03 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the Company) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about August 22, 2024, to all stockholders of record as of the close of business on August 8, 2024.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. (NASDAQ: HOPE) is the... More

Hope Bancorp Reports 2024 Second Quarter Financial Results

July 29, 2024 8:00 AM 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, 2024. For the three months ended June 30, 2024, net income totaled $25.3 million, or $0.21 per diluted common share. This compares with net income of $25.9 million, or $0.21 per diluted common share, in the first quarter of 2024. Excluding notable items(1), net income for the 2024 second quarter was $26.6 million, or $0.22 per diluted common share.

During the 2024 second quarter, our net interest margin expanded, our operating... More