HOPE BANCORP INC (HOPE) Form 8-K — Oct 28, 2026
Hope Bancorp reported Q3 2026 net income of $35.6 million, or $0.28 per diluted share, up 16% year-over-year and 8% quarter-over-quarter, driven by revenue growth, NIM expansion to 3.02%, and positive operating leverage. Net income excluding notable items was $37.5 million, or $0.29 per diluted share. The company also disclosed it completed the acquisition of the Commercial Banking Unit of SMBC MANUBANK on October 1, 2026, adding approximately $2.20 billion in loans and $2.60 billion in deposits, while receiving an estimated $307.4 million net cash settlement from SMBC.
Key figures
- Eps
- 0.28
- Revenue
- 157477000
- Guidance
- FY2026 outlook: gross loans ~15% growth, total revenue ~16%-18% growth, PPNR excluding notable items ~23%-25% growth vs 2025
- Net Income
- 35577000
- Total Assets
- 19189488000
- Cash Position
- 491894000
- Shares Outstanding
- 127758427
- Deposits
- 16116169000
- Npa ratio
- 0.57%
- Tce ratio
- 9.28%
- Cet1 ratio
- 12.25%
- Gross loans
- 15117845000
- Ppnr q3 2026
- 54683000
- Criticized loans
- 334755000
- Efficiency ratio
- 65.28%
- Acl coverage ratio
- 1.03%
- Q2 2026 net income
- 33031000
- Q3 2025 net income
- 30776000
- Net interest margin
- 3.02%
- Total capital ratio
- 13.92%
- Book value per share
- 17.67
- Dividend record date
- November 7, 2026
- Dividend payable date
- November 20, 2026
- Loan to deposit ratio
- 93.8%
- Manubank loans acquired
- 2200000000
- Net charge offs q3 2026
- 6993000
- Q3 2026 eps ex notables
- 0.29
- Annualized dividend yield
- 4.21%
- Manubank deposits acquired
- 2600000000
- Noninterest income q3 2026
- 22112000
- Allowance for credit losses
- 154325000
- Net interest income q3 2026
- 135365000
- Noninterest expense q3 2026
- 102794000
- Pro forma cet1 post closing
- ~10.20%
- Manubank net cash settlement
- 307400000
- Quarterly dividend per share
- 0.14
- Q3 2026 net income ex notables
- 37468000
- Manubank sba loan sale proceeds
- 191300000
- Provision for credit losses q3 2026
- 8560000
AI analysis
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