HOPE Stock Recent News

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, today announced the completion of its merger with Honolulu-based Territorial Bancorp Inc. (“Territorial”), the holding company for Territorial Savings Bank. Effective as of April 2, 2025, Territorial Savings Bank will operate under the trade name Territorial Savings, a division of Bank of Hope, preserving the 100-plus year legacy of the Territorial brand, culture and commitment.

PHILADELPHIA--(BUSINESS WIRE)--iECURE, Inc., a gene editing company focused on the development of mutation-agnostic in vivo gene insertion therapies for the treatment of liver disorders with significant unmet need, today announced that initial data from the Phase 1/2 OTC-HOPE clinical trial evaluating in vivo gene editing candidate ECUR-506 in neonatal onset ornithine transcarbamylase (OTC) deficiency will be presented at the 2025 American College of Medical Genetics and Genomics (ACMG) Annual.

LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the holding company of Territorial Savings Bank, today jointly announced receipt of all required regulatory approvals to complete their previously announced merger (the “Merger”). Upon completion of the Merger, it is intended that the legacy Territorial franchise in Hawai‘i will operate under the trade name.

HOPE's loan growth remains sluggish, hindered by stagnant deposits, despite the merger with Territorial Bancorp offering some optimism for 2025. The bank's profitability struggles due to high deposit costs and declining net interest income, yet its dividend yield of 5.18% remains sustainable. The merger with Territorial Bancorp could improve deposit quality and diversify HOPE's loan portfolio, but organic growth remains weak.

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the 2025 KBW Winter Financial Services Conference in Boca Raton, Florida, February 12-14, 2025. A copy of the investor presentation being used for meetings with institutional investors will be available in the Investor Relations section of the Company's.

ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, announced its top-line results for 2024. Operation HOPE continued its impressive streak of growth by serving a record number of clients, growing its portfolio of top-tier partner organizations, and improving client outcomes with improved credit scores, increased savings and decreased levels of debt. Operation HOPE uses its HOPE Inside location.

Hope Bancorp, Inc. (NASDAQ:HOPE ) Q4 2024 Earnings Conference Call January 27, 2025 12:30 PM ET Company Participants Angie Yang - Director of IR Kevin Kim - Chairman, President and CEO Julianna Balicka - EVP and CFO Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Operator Good day and welcome to the Hope Bancorp 2024 Fourth Quarter Earnings Conference Call.

While the top- and bottom-line numbers for Hope Bancorp (HOPE) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hope Bancorp (HOPE) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago.

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 February 20, 2025, to all stockholders of record as of the close of business on February 6, 2025. About Hope Bancorp, Inc. Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the first and only super regional Korean American bank in the United States with.