Hope Bancorp Q4 profit rises on interest income, credit quality

Hope Bancorp

27/01/2026 12:38

Overview

U.S. regional bank's Q4 net income rose 12% qtr/qtr and 42% yr/yr

Company completed Territorial Bancorp acquisition, expanding into Hawaii

Noninterest income increased 19% qtr/qtr, driven by swap fees and service fees

Outlook

Hope Bancorp aims to build on momentum in 2026 and beyond

Company expects further optimization of balance sheet and improved profitability

Hope Bancorp sees enhanced financial performance and earnings growth ahead

Result Drivers

NET INTEREST INCOME - Growth in net interest income contributed to a 12% increase in net income qtr/qtr

ASSET QUALITY IMPROVEMENT - Criticized loans decreased 6% qtr/qtr, enhancing asset quality

NONINTEREST INCOME - 19% qtr/qtr increase driven by swap fees and service fees

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.27
Q4 Net Income
$34.50 mln
Q4 Provision For Credit losses
$7.20 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Hope Bancorp Inc is $12.00, about 1.9% above its January 26 closing price of $11.78

Press Release: ID:nBw2S4Z4xa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)