Brief: Hope Bancorp Says Expecting Generally Stable Loan Balances In Second Half Of 2023, Relative To 6/30/23

Hope Bancorp

24/07/2023 12:18

July 24 (Reuters) - Hope Bancorp Inc  HOPE.O :
    * HOPE BANCORP - EXPECTING GENERALLY STABLE LOAN BALANCES IN
SECOND HALF OF 2023, RELATIVE TO 6/30/23
    * HOPE BANCORP INC - EXPECTING CONTINUED MODERATE NII
PRESSURE IN
2H 2023 IN A HIGHER-FOR-LONGER INTEREST RATE ENVIRONMENT
    * HOPE BANCORP-SEES ESSENTIALLY STABLE NONINTEREST INCOME ON
QTRLY
BASIS IN 2H 2023, RELATIVE TO 2Q23, EXCLUDING Q2  AFFORDABLE
HOUSING PARTNERSHIP GAIN
    * HOPE BANCORP INC- SEES ESSENTIALLY STABLE NONINTEREST
EXPENSES
ON QTRLY BASIS IN 2H 2023, RELATIVE TO 2Q23, EXCLUDING EARNED
INTEREST CREDIT EXPENSE

Further company coverage:  HOPE.O 

 ((Reuters.Briefs@thomsonreuters.com;))