Hope Bancorp profit jumps to $33 million

• Hope Bancorp reported second-quarter 2026 net income of $33 million, compared with a $24.8 million loss in the same period last year.
• Diluted earnings increased to $0.26 per share, compared with a loss of $0.19 per share in the second quarter of 2025.
• The company said loan growth, higher net interest margin, lower funding costs and increased fee income supported its 2026 performance.

Hope Bancorp (NASDAQ:HOPE), the holding company of Bank of Hope, reported second-quarter 2026 net income of $33 million, or $0.26 per diluted common share, compared with a net loss of $24.8 million, or $0.19 per share, in the second quarter of 2025.

The company’s second-quarter profit increased from $29.5 million, or $0.23 per diluted common share, in the first quarter of 2026, while adjusted net income excluding notable items reached $34.5 million, up from $24.6 million a year earlier.

“Overall, we delivered strong quarterly results and are pleased with the continued progress made to improve the profitability and core operating performance of the Bank,” said Hope Bancorp Chairman, President and Chief Executive Officer Kevin S. Kim.

Hope Bancorp reported that second-quarter earnings growth was supported by loan growth, net interest margin expansion, lower funding costs, increased fee income and expense discipline, while adjusted net income excluding notable items was $0.27 per diluted common share.

The company said it is focused on balance sheet management, expense control and strengthening client relationships.

Hope Bancorp operates Bank of Hope, a financial institution serving commercial and consumer customers through banking services and lending activities.

The company is also pursuing the acquisition of the Commercial Banking Unit of SMBC MANUBANK, which Kevin S. Kim said is expected to expand middle market and multinational banking capabilities, develop specialty deposit businesses and broaden its Southern California presence.