Form 8-K
8-K — HOPE BANCORP INC
Accession: 0001128361-26-000024
Filed: 2026-04-28
Period: 2026-04-28
CIK: 0001128361
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — hope-20260428.htm (Primary)
EX-99.1 (hope-03312026ex991financia.htm)
EX-99.2 (hopeq126slides.htm)
EX-99.3 (hope-03312026ex993q12026di.htm)
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8-K
8-K (Primary)
Filename: hope-20260428.htm · Sequence: 1
hope-20260428
0001128361false00011283612026-04-282026-04-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
April 28, 2026
Date of Report (Date of earliest event reported)
HOPE BANCORP INC
(Exact name of registrant as specified in its charter)
Delaware 000-50245 95-4849715
(State of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
3200 Wilshire Boulevard, Suite 1400
Los Angeles, California 90010
(Address of principal executives offices, including zip code)
(213) 639-1700
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Common Stock , par value $0.001 per share HOPE NASDAQ Global Select Market
(Title of class) (Trading Symbol) (Name of exchange on which registered)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On April 28, 2026, Hope Bancorp, Inc. (“HOPE” or the “Company”) issued a news release concerning its results of operations and financial condition for the first quarter ended and as of March 31, 2026. A copy of the April 28, 2026, news release is furnished as Exhibit 99.1 and incorporated herein by reference.
Item 7.01. Regulation FD Disclosure
The Company previously announced that it will host an investor conference call on Tuesday, April 28, 2026, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial results for its first quarter ended March 31, 2026. A presentation to accompany the conference call (“Earnings Presentation”), which contains certain historical and forward-looking information relating to the Company, has been made available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com. A copy of the Earnings Presentation is furnished as Exhibit 99.2 and incorporated herein by reference.
The information furnished under Item 2.02, Item 7.01 and exhibits 99.1, and 99.2 under Item 9.01 of this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to liabilities under that Section, nor shall they be deemed incorporated by reference in any registration statement or other filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be set forth as a specific reference in such filing.
Item 8.01 Other Events.
On April 28, 2026, the Company issued a news release announcing that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The cash dividend is payable on or about May 22, 2026, to all stockholders of record as of the close of business on May 8, 2026. A copy of the April 28, 2026, news release is furnished as Exhibit 99.3 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description of Exhibit
99.1
News release, dated April 28, 2026, concerning the results of operations and financial condition for the first quarter ended and as of March 31, 2026.
99.2
2026 First Quarter Earnings Presentation, dated April 28, 2026.
99.3
News release, dated April 28, 2026, announcing the declaration of a quarterly cash dividend.
104
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HOPE BANCORP, INC.
Date: April 28, 2026 By: /s/ Kevin S. Kim
Kevin S. Kim
Chairman, President and Chief Executive Officer
EX-99.1
EX-99.1
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Document
News Release
HOPE BANCORP REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026
For the first quarter of 2026, net income of $29.5 million, up 40% year-over-year
LOS ANGELES – April 28, 2026 – Hope Bancorp, Inc. (the “Company” or “Hope”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its first quarter ended March 31, 2026.
For the three months ended March 31, 2026, the Company recorded net income of $29.5 million, or $0.23 per diluted common share, up 40% from net income of $21.1 million, or $0.17 per diluted common share, for the three months ended March 31, 2025, and down 14% from net income of $34.5 million, or $0.27 per diluted common share, for the three months ended December 31, 2025. For the three months ended March 31, 2026, the Company recorded pre-provision net revenue(1) (“PPNR”) of $46.6 million, up 43% from PPNR of $32.6 million for the three months ended March 31, 2025, and up 1% from PPNR of $46.3 million for the three months ended December 31, 2025.
“In the 2026 first quarter, we delivered year-over-year growth in net income, revenue, loans and deposits, driven by organic growth and the strategic benefits of the Territorial Bancorp acquisition. Quarter-over-quarter, we saw pre-provision net revenue growth and improved efficiency, supported by disciplined expense management, a stable net interest margin and continued progress in lowering our cost of deposits. We also returned capital through repurchases of common shares during the quarter,” said Kevin S. Kim, Chairman, President and Chief Executive Officer.
“On March 31, 2026, we announced the accretive acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”), which aligns directly with our key priorities of building our commercial banking capabilities, expanding our reach among middle market and multinational clients, and growing our core deposit franchise,” continued Kim. “We expect to close the transaction in the second half of this year, subject to regulatory approvals and the satisfaction of other customary closing conditions. The pending acquisition is projected to strengthen our core earnings power and efficiently deploy capital, improving our profitability and optimizing our capital ratios without the issuance of new shares. In addition, our future collaboration and partnership with SMBC is expected to create meaningful opportunities to expand our services to a broader, global, multi-cultural customer base. We look forward to providing our new clients with the same excellent level of service they have come to expect from SMBC MANUBANK.”
“This is an exciting time for Hope, as we continue to execute on our strategic priorities and build on the momentum generated over the past several quarters to deliver long-term value for our stockholders, further supported by the pending acquisition of MANUBANK. We thank our dedicated team members for their ongoing commitment and contributions in support of our efforts,” concluded Kim.
(1) Pre-provision net revenue (“PPNR”) is a non-GAAP financial measure defined as total revenue (net interest income plus noninterest income) less noninterest expense, before provision for credit losses and income taxes.
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2-2-2 NASDAQ: HOPE
Operating Results for the First Quarter of 2026
Net interest income and net interest margin. Net interest income totaled $124.1 million for the first quarter of 2026, down $3.3 million, or 3%, compared with $127.4 million for the fourth quarter of 2025, and up $23.2 million, or 23%, from the first quarter of 2025. The quarter-over-quarter change in net interest income reflected the impact of a lower day count in the first quarter and a modest decrease of 0.4% in average earning assets, in which average loans were up but other earning assets declined. Net interest margin for the first quarter of 2026 was 2.90%, unchanged from the fourth quarter of 2025, and up 36 basis points from 2.54% for the year-ago quarter. Year-over-year average earning asset growth reflected the acquisition of Territorial Bancorp, Inc. (“Territorial”), which closed in the second quarter of 2025. Year-over-year net interest margin expansion was primarily driven by funding cost improvements, as the cost of interest bearing deposits decreased 77 basis points to 3.37% for the first quarter of 2026, down from 4.14% for the first quarter of 2025, exceeding the decline in federal funds target rate over the same period.
Noninterest income. For the first quarter of 2026, noninterest income totaled $17.0 million, down $1.4 million, or 8%, compared with $18.4 million for the fourth quarter of 2025, and up $1.3 million, or 8%, compared with $15.7 million for the first quarter of 2025. The quarter-over-quarter decrease was primarily due to less gains on the sale of investment securities and lower customer-level swap fee income. The linked quarter change in customer-level swap fees reflected less underlying transaction activity in the first quarter of 2026. The Company sold $53.0 million of Small Business Administration (“SBA”) loans in the first quarter of 2026, for a net gain of $3.3 million, compared with $46.0 million sold for a net gain of $2.6 million in the fourth quarter of 2025. Year-over-year noninterest income growth reflected broad-based improvement in customer fee income across various business lines.
Noninterest expense. Noninterest expense for the first quarter of 2026 totaled $94.5 million, down 5% from $99.4 million for the fourth quarter of 2025, and up 13% from $83.9 million for the first quarter of 2025. The quarter-over-quarter decrease in noninterest expense reflected continued expense management discipline, including a 3% decrease in compensation expense. Compared with the year-ago first quarter, the increase in noninterest expense primarily reflected the addition of Territorial’s operating expenses.
The efficiency ratio for the first quarter of 2026 improved to 67.0%, down from 68.2% in the prior quarter and 72.0% in the year-ago quarter, reflecting positive operating leverage alongside disciplined expense management.
Income tax provision and tax rate. For the first quarter of 2026, the Company recorded a provision for income tax of $8.4 million, compared with a provision for income tax of $4.7 million for the fourth quarter of 2025. The fourth quarter 2025 provision for income tax included true-up entries related to the remeasurement of the Company’s deferred tax assets and liabilities. The first quarter 2026 reported effective tax rate was 22.1%, compared with 20.3% for the full year of 2025, which included a reported effective tax rate of 11.9% for the fourth quarter of 2025.
Balance Sheet Summary
Total assets. At March 31, 2026, total assets totaled $18.66 billion, compared with $18.53 billion as of December 31, 2025, and $17.07 billion as of March 31, 2025.
Loans. At March 31, 2026, gross loans totaled $14.74 billion, and first quarter 2026 average loans were $14.69 billion, both essentially stable compared with gross loans of $14.79 billion at December 31, 2025, and fourth quarter 2025 average loans of $14.65 billion, respectively. Year-over-year growth in end-of-period and average loans primarily reflected organic residential mortgage growth and the impact of the Territorial Bancorp acquisition.
The following table sets forth the loan portfolio composition at March 31, 2026, December 31, 2025, and March 31, 2025:
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3-3-3 NASDAQ: HOPE
(dollars in thousands) (unaudited) 3/31/2026 12/31/2025 3/31/2025
Balance Percentage Balance Percentage Balance Percentage
Commercial real estate (“CRE”) loans $ 8,498,246 57.7 % $ 8,494,508 57.4 % $ 8,377,106 62.8 %
Commercial and industrial (“C&I”) loans 3,734,978 25.3 % 3,794,788 25.7 % 3,756,046 28.2 %
Residential mortgage and other loans 2,503,919 17.0 % 2,498,621 16.9 % 1,202,325 9.0 %
Gross loans (including held for sale)
$ 14,737,143 100.0 % $ 14,787,917 100.0 % $ 13,335,477 100.0 %
Deposits. Total deposits of $15.73 billion at March 31, 2026, increased 1% from $15.60 billion at December 31, 2025, and increased 9% from $14.49 billion at March 31, 2025. Quarter-over-quarter, interest bearing deposits, excluding time deposits, increased 3%; noninterest bearing demand deposits increased 0.5%, and higher-cost time deposits were intentionally decreased. The year-over-year growth in deposits largely reflected the impact of the Territorial Bancorp acquisition.
The following table sets forth the deposit composition at March 31, 2026, December 31, 2025, and March 31, 2025:
(dollars in thousands) (unaudited) 3/31/2026 12/31/2025 3/31/2025
Balance Percentage Balance Percentage Balance Percentage
Noninterest bearing demand deposits $ 3,387,757 21.5 % $ 3,371,759 21.6 % $ 3,362,842 23.2 %
Money market, interest bearing demand, and savings deposits 6,036,197 38.4 % 5,856,373 37.5 % 5,410,471 37.3 %
Time deposits 6,302,488 40.1 % 6,375,011 40.9 % 5,715,006 39.5 %
Total deposits $ 15,726,442 100.0 % $ 15,603,143 100.0 % $ 14,488,319 100.0 %
Gross loan-to-deposit ratio 93.7 % 94.8 % 92.0 %
Credit Quality and Allowance for Credit Losses
Criticized loans. Criticized loans decreased $26.0 million, or 7%, quarter-over-quarter to $325.1 million at March 31, 2026, down from $351.1 million at December 31, 2025, and included a 23% reduction in special mention loans and a 2% reduction in classified loans. Year-over-year, criticized loans were down $123.6 million, or 28%, from $448.7 million at March 31, 2025. The criticized loan ratio improved to 2.22% of total loans receivable at March 31, 2026, down 17 basis points from 2.39% at December 31, 2025, and down 114 basis points from 3.36% at March 31, 2025. The reductions reflected successful resolutions of problem loans.
The following table sets forth the breakdown of criticized loans at March 31, 2026, December 31, 2025, and March 31, 2025:
(dollars in thousands) (unaudited) 3/31/2026 12/31/2025 3/31/2025
Special mention loans
$ 72,668 $ 94,003 $ 184,659
Classified loans
252,410 257,113 264,064
Total criticized loans $ 325,078 $ 351,116 $ 448,723
Criticized loans/total loans receivable 2.22 % 2.39 % 3.36 %
Nonperforming assets. Nonperforming assets totaled $120.5 million, or 0.65% of total assets, at March 31, 2026, compared with $136.1 million, or 0.73% of total assets, at December 31, 2025, and $83.9 million, or 0.49% of total assets, at March 31, 2025.
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4-4-4 NASDAQ: HOPE
The following table sets forth the components of nonperforming assets at March 31, 2026, December 31, 2025, and March 31, 2025:
(dollars in thousands) (unaudited) 3/31/2026 12/31/2025 3/31/2025
Loans on nonaccrual status (1)
$ 109,512 $ 131,747 $ 83,808
Accruing delinquent loans past due 90 days or more
10,642 3,943 98
Total nonperforming loans 120,154 135,690 83,906
Other real estate owned 365 365 —
Total nonperforming assets $ 120,519 $ 136,055 $ 83,906
Nonperforming assets/total assets 0.65 % 0.73 % 0.49 %
_____________________________________
(1) Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $19.4 million, $15.6 million and $11.8 million at March 31, 2026, December 31, 2025, and March 31, 2025, respectively.
Net charge offs. The Company recorded net charge-offs of $10.7 million for the first quarter of 2026, equivalent to 0.29%, annualized, of average loans. This compares with net charge-offs of $3.6 million, or 0.10%, annualized, of average loans for the fourth quarter of 2025 and $8.3 million, or 0.25%, annualized, of average loans for the first quarter of 2025.
Allowance for credit losses. The allowance for credit losses totaled $155.1 million at March 31, 2026, compared with $156.7 million at December 31, 2025, and $147.4 million at March 31, 2025. The allowance coverage ratio was 1.06% of loans receivable at March 31, 2026, compared with 1.07% at December 31, 2025, and 1.11% at March 31, 2025. The year-over-year change in the allowance coverage ratio largely reflected the impact of the Territorial Bancorp acquisition.
The following table sets forth the allowance for credit losses and the coverage ratios at March 31, 2026, December 31, 2025, and March 31, 2025:
(dollars in thousands) (unaudited) 3/31/2026 12/31/2025 3/31/2025
Allowance for credit losses $ 155,114 $ 156,661 $ 147,412
Allowance for credit losses/loans receivable 1.06 % 1.07 % 1.11 %
Provision for credit losses. For the first quarter of 2026, the Company recorded provision for credit losses of $8.7 million, compared with $7.2 million for the fourth quarter of 2025 and $4.8 million for the first quarter of 2025. The quarter-over-quarter increase in the provision for credit losses primarily reflected higher net charge-offs in the first quarter of 2026.
Capital
At March 31, 2026, the Company and the Bank’s capital ratios continued to exceed all regulatory capital requirements generally required to meet the definition of a “well-capitalized” financial institution. The completion of the Territorial Bancorp acquisition on April 2, 2025, impacted prior year capital and capital ratio comparisons.
The following table sets forth the regulatory capital ratios for the Company at March 31, 2026, December 31, 2025, and March 31, 2025:
(unaudited)
3/31/2026 12/31/2025 3/31/2025 Minimum Guideline for “Well-Capitalized”
Common Equity Tier 1 Capital Ratio 12.35% 12.27% 13.28% 6.50%
Tier 1 Capital Ratio 13.04% 12.96% 14.02% 8.00%
Total Capital Ratio 14.07% 13.99% 15.06% 10.00%
Leverage Ratio 11.11% 11.05% 11.92% 5.00%
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5-5-5 NASDAQ: HOPE
During the first quarter of 2026, the Company repurchased 604,161 shares of common stock, equivalent to 0.5% of outstanding common stock, at an average price of $11.10 per share, for a total of $6.7 million, pursuant to its existing share repurchase authorization of $35.3 million.
At March 31, 2026, total stockholders’ equity was $2.28 billion, unchanged compared with December 31, 2025. Book value per share at March 31, 2026, was $17.86 compared with $17.81 at December 31, 2025. Tangible common equity (“TCE”) per share(2) was $13.73 at March 31, 2026, compared with $13.71 at December 31, 2025.
(2) TCE per share is a non-GAAP financial measure. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 9 to 11.
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6-6-6 NASDAQ: HOPE
Investor Conference Call
The Company previously announced that it will host an investor conference call on Tuesday, April 28, 2026, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review its unaudited financial results for its first quarter ended March 31, 2026. Investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international) and asking for the “Hope Bancorp Call.” A presentation to accompany the earnings call will be available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com. Other interested parties are invited to listen to a live webcast of the call available at the Investor Relations section of Hope Bancorp’s website. After the live webcast, a replay will remain available at the Investor Relations section of Hope Bancorp’s website for at least one year. A telephonic replay of the call will be available at 855-669-9658 (domestic) or 412-317-0088 (international) for one week through May 5, 2026, with the replay access code 6856895.
Non-GAAP Financial Metrics
This news release and accompanying financial tables contain certain non-GAAP financial measure disclosures, including net income excluding notable items, earnings per share excluding notable items, noninterest expense excluding notable items, efficiency ratio excluding notable items, effective tax rate excluding notable items, PPNR, PPNR excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, TCE per share and TCE ratio. Management believes these non-GAAP financial measures provide meaningful supplemental information regarding the Company’s operational performance and the Company’s capital levels and has included these figures in response to market participant interest in these financial metrics. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 9 through 11.
About Hope Bancorp, Inc.
Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company for Bank of Hope, with $18.66 billion in total assets as of March 31, 2026. Following the addition of Territorial Savings as a division of Bank of Hope, the Company became the largest regional bank serving multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, Bank of Hope offers a comprehensive range of commercial, corporate, and consumer banking products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and consumer lending, treasury management, foreign exchange solutions, interest rate derivatives, and international trade finance. Bank of Hope operates 45 full-service branches in California, New York, New Jersey, Washington, Texas, Illinois, Alabama and Georgia under the Bank of Hope banner, and 28 branches in Hawaii under the Territorial Savings banner. Bank of Hope also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices throughout the United States, and a representative office in Seoul, South Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to www.bankofhope.com for Bank of Hope and www.tsbhawaii.bank for Territorial Savings, a division of Bank of Hope. By including the foregoing website address links, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.
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7-7-7 NASDAQ: HOPE
Forward-Looking Statements
Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will”, “believes”, “expects”, “anticipates”, “intends”, ”plans”, “estimates”, “projects”, and similar expressions and statements regarding Hope Bancorp’s strategic initiatives, the acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”), and Hope Bancorp’s future financial and operational results and capital allocation strategy. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. With the consummation of the pending acquisition of MANUBANK, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among other things: the failure of the conditions to closing to be satisfied or waived; difficulties and delays in integrating Hope Bancorp and MANUBANK and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; and deposit attrition, operating costs, customer loss and business disruption following the acquisition, including difficulties in maintaining relationships with employees and customers, which may be greater than expected. The closing of the proposed transaction is subject to regulatory approvals and the satisfaction of other customary closing conditions. Other risks and uncertainties include, but are not limited to: possible deterioration of economic conditions in Hope Bancorp’s areas of operation and in the U.S. generally or elsewhere, including as a result of the interest rate environment, supply chain disruptions, inflation, labor shortages, changes in the housing and real estate markets, consumer confidence and spending habits; risk of adverse economic or political conditions in South Korea; interest rate risk associated with volatile interest rates and related asset‑liability matching risk; liquidity risks; the possibility that Hope Bancorp may discontinue or otherwise limit repurchases of its common stock from time to time; risk of significant non‑earning assets and net credit losses that could occur, particularly in times of weak economic conditions or rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s allowance for credit losses; risk of natural disasters; risk of cybersecurity incidents; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp; and the impact of U.S. and global trade policies, including changes in, or the imposition of, tariffs and/or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom including fluctuations in commodity prices such as oil, as well as geopolitical instability and international tensions. For additional information concerning these and other risk factors, see Hope Bancorp’s most recent Annual Report on Form 10‑K and other documents Hope Bancorp files with the SEC from time to time. Hope Bancorp does not undertake, and specifically disclaims, any obligation to update any forward‑looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.
Contact:
Julianna Balicka
Executive Vice President & Chief Financial Officer
InvestorRelations@bankofhope.com
Maxime Olivan
Senior Vice President & Investor Relations Manager
InvestorRelations@bankofhope.com
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Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share data)
Assets: 3/31/2026 12/31/2025 % change 3/31/2025 % change
Cash and due from banks $ 594,769 $ 560,059 6 % $ 733,482 (19) %
Investment securities 2,185,952 2,072,864 5 % 2,088,586 5 %
Federal Home Loan Bank (“FHLB”) stock and other investments 68,800 60,176 14 % 103,486 (34) %
Gross loans, including loans held for sale 14,737,143 14,787,917 0 % 13,335,477 11 %
Allowance for credit losses (155,114) (156,661) (1) % (147,412) 5 %
Accrued interest receivable 53,734 52,211 3 % 49,986 7 %
Premises and equipment, net 68,621 69,589 (1) % 52,296 31 %
Goodwill and intangible assets 528,021 525,938 0 % 466,405 13 %
Other assets 574,938 559,533 3 % 386,010 49 %
Total assets $ 18,656,864 $ 18,531,626 1 % $ 17,068,316 9 %
Liabilities:
Deposits $ 15,726,442 $ 15,603,143 1 % $ 14,488,319 9 %
FHLB and Federal Reserve Bank (“FRB”) borrowings 284,966 284,922 0 % 100,000 185 %
Subordinated debentures and convertible notes, net 111,316 110,962 0 % 109,921 1 %
Accrued interest payable 68,399 78,310 (13) % 81,436 (16) %
Other liabilities 182,361 171,021 7 % 128,607 42 %
Total liabilities $ 16,373,484 $ 16,248,358 1 % $ 14,908,283 10 %
Stockholders’ Equity:
Common stock, $0.001 par value $ 146 $ 146 0 % $ 138 6 %
Additional paid-in capital 1,523,015 1,523,702 0 % 1,445,153 5 %
Retained earnings 1,183,986 1,172,394 1 % 1,185,721 0 %
Treasury stock, at cost (271,372) (264,667) (3) % (264,667) (3) %
Accumulated other comprehensive loss, net (152,395) (148,307) (3) % (206,312) 26 %
Total stockholders’ equity 2,283,380 2,283,268 0 % 2,160,033 6 %
Total liabilities and stockholders’ equity $ 18,656,864 $ 18,531,626 1 % $ 17,068,316 9 %
Common stock shares – authorized 300,000,000 300,000,000 300,000,000
Common stock shares – outstanding 127,822,689 128,201,655 121,074,988
Treasury stock shares 17,986,996 17,382,835 17,382,835
Table Page 1
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
Three Months Ended
3/31/2026 12/31/2025 % change 3/31/2025 % change
Interest and fees on loans $ 205,919 $ 214,128 (4) % $ 194,961 6 %
Interest on investment securities 19,218 21,107 (9) % 15,892 21 %
Interest on cash and deposits at other banks 3,778 4,204 (10) % 5,205 (27) %
Interest on other investments and FHLB dividends 1,229 767 60 % 1,108 11 %
Total interest income 230,144 240,206 (4) % 217,166 6 %
Interest on deposits 101,455 109,388 (7) % 113,585 (11) %
Interest on borrowings 4,632 3,413 36 % 2,764 68 %
Total interest expense 106,087 112,801 (6) % 116,349 (9) %
Net interest income 124,057 127,405 (3) % 100,817 23 %
Provision for credit losses 8,650 7,200 20 % 4,800 80 %
Net interest income after provision 115,407 120,205 (4) % 96,017 20 %
Service fees on deposit accounts 3,335 3,249 3 % 2,921 14 %
Net gains on sales of SBA loans 3,266 2,566 27 % 3,131 4 %
Other customer driven income and fees 7,132 9,059 (21) % 5,699 25 %
Net gains on sales of securities available for sale 604 1,168 (48) % — NM
Other noninterest income 2,630 2,309 14 % 3,937 (33) %
Total noninterest income 16,967 18,351 (8) % 15,688 8 %
Salaries and employee benefits 56,223 57,906 (3) % 48,460 16 %
Occupancy, furniture and equipment 10,566 11,545 (8) % 8,836 20 %
Software-related, data and item processing 9,853 9,788 1 % 6,950 42 %
Amortization of investments in affordable housing partnerships 2,474 2,940 (16) % 1,961 26 %
FDIC assessment 2,814 3,051 (8) % 2,502 12 %
FDIC special assessment expense (reversal) (58) (691) (92) % — NM
Earned interest credit 2,383 3,028 (21) % 3,087 (23) %
Merger and restructuring related costs 234 776 (70) % 2,519 (91) %
Other noninterest expense 9,966 11,085 (10) % 9,546 4 %
Total noninterest expense 94,455 99,428 (5) % 83,861 13 %
Income before income taxes 37,919 39,128 (3) % 27,844 36 %
Income tax provision 8,379 4,662 80 % 6,748 24 %
Net income $ 29,540 $ 34,466 (14) % $ 21,096 40 %
Earnings per common share – diluted $ 0.23 $ 0.27 $ 0.17
Weighted average shares outstanding – diluted 128,723,654 128,769,564 121,433,080
Table Page 2
Hope Bancorp, Inc.
Selected Financial Data
Unaudited
Three Months Ended
Profitability measures (annualized, except as noted): 3/31/2026 12/31/2025 3/31/2025
Earnings per common share - diluted (not annualized) $ 0.23 $ 0.27 $ 0.17
Earnings per common share - diluted excluding notable items (not annualized) (1)
$ 0.23 $ 0.27 $ 0.19
Return on average assets (“ROA”) 0.64 % 0.74 % 0.49 %
ROA excluding notable items (1)
0.64 % 0.74 % 0.54 %
Return on average equity (“ROE”) 5.14 % 6.06 % 3.93 %
ROE excluding notable items (1)
5.16 % 6.06 % 4.26 %
Return on average tangible common equity (“ROTCE”) (1)
6.66 % 7.87 % 5.02 %
ROTCE excluding notable items (1)
6.69 % 7.88 % 5.44 %
Net interest margin 2.90 % 2.90 % 2.54 %
Efficiency ratio (not annualized) 66.98 % 68.22 % 71.98 %
Efficiency ratio excluding notable items (not annualized) (1)
66.85 % 68.16 % 69.82 %
(1) Earnings per common share - diluted excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 9 through 11.
Table Page 3
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)
Three Months Ended
3/31/2026 12/31/2025 3/31/2025
Interest Annualized Interest Annualized Interest Annualized
Average Income/ Average Average Income/ Average Average Income/ Average
Balance Expense Yield/Cost Balance Expense Yield/Cost Balance Expense Yield/Cost
INTEREST EARNING ASSETS:
Loans, including loans held for sale $ 14,689,516 $ 205,919 5.69 % $ 14,646,767 $ 214,128 5.80 % $ 13,455,201 $ 194,961 5.88 %
Investment securities 2,149,595 19,218 3.63 % 2,261,726 21,107 3.70 % 2,083,809 15,892 3.09 %
Interest earning cash and deposits at other banks 437,990 3,778 3.50 % 433,029 4,204 3.85 % 496,512 5,205 4.25 %
FHLB stock and other investments 51,682 1,229 9.64 % 63,961 767 4.76 % 87,065 1,108 5.16 %
Total interest earning assets $ 17,328,783 $ 230,144 5.39 % $ 17,405,483 $ 240,206 5.48 % $ 16,122,587 $ 217,166 5.46 %
INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings $ 5,862,722 $ 41,422 2.87 % $ 6,023,423 $ 45,901 3.02 % $ 5,452,632 $ 50,619 3.76 %
Time deposits 6,357,880 60,033 3.83 % 6,310,036 63,487 3.99 % 5,674,095 62,966 4.50 %
Total interest bearing deposits 12,220,602 101,455 3.37 % 12,333,459 109,388 3.52 % 11,126,727 113,585 4.14 %
FHLB and FRB borrowings 284,936 2,408 3.43 % 122,986 1,063 3.43 % 121,400 356 1.19 %
Subordinated debentures and convertible notes 107,198 2,224 8.30 % 106,835 2,350 8.61 % 105,815 2,408 9.10 %
Total interest bearing liabilities $ 12,612,736 $ 106,087 3.41 % $ 12,563,280 $ 112,801 3.56 % $ 11,353,942 $ 116,349 4.16 %
Noninterest bearing demand deposits 3,347,070 3,474,131 3,344,732
Total funding liabilities/cost of funds $ 15,959,806 2.70 % $ 16,037,411 2.79 % $ 14,698,674 3.21 %
Net interest income/net interest spread $ 124,057 1.98 % $ 127,405 1.92 % $ 100,817 1.30 %
Net interest margin 2.90 % 2.90 % 2.54 %
Cost of deposits:
Noninterest bearing demand deposits $ 3,347,070 $ — — % $ 3,474,131 $ — — % $ 3,344,732 $ — — %
Interest bearing deposits 12,220,602 101,455 3.37 % 12,333,459 109,388 3.52 % 11,126,727 113,585 4.14 %
Total deposits $ 15,567,672 $ 101,455 2.64 % $ 15,807,590 $ 109,388 2.75 % $ 14,471,459 $ 113,585 3.18 %
Table Page 4
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except per share data)
Three Months Ended
AVERAGE BALANCES: 3/31/2026 12/31/2025 % change 3/31/2025 % change
Gross loans, including loans held for sale $ 14,689,516 $ 14,646,767 0 % $ 13,455,201 9 %
Interest earning assets 17,328,783 17,405,483 0 % 16,122,587 7 %
Goodwill and intangible assets 525,532 524,118 0 % 466,633 13 %
Total assets 18,521,103 18,595,446 0 % 17,084,378 8 %
Noninterest bearing demand deposits 3,347,070 3,474,131 (4) % 3,344,732 0 %
Interest bearing deposits 12,220,602 12,333,459 (1) % 11,126,727 10 %
Total deposits 15,567,672 15,807,590 (2) % 14,471,459 8 %
Stockholders’ equity 2,299,203 2,275,285 1 % 2,148,079 7 %
LOAN PORTFOLIO: 3/31/2026 12/31/2025 % change 3/31/2025 % change
Loans receivable (held for investment) $ 14,639,689 $ 14,701,012 0 % $ 13,335,294 10 %
Loans held for sale 97,454 86,905 12 % 183 NM
Gross loans $ 14,737,143 $ 14,787,917 0 % $ 13,335,477 11 %
CRE LOANS HELD FOR INVESTMENT BY PROPERTY TYPE: 3/31/2026 12/31/2025 % change 3/31/2025 % change
Multi-tenant retail $ 1,586,993 $ 1,618,715 (2) % $ 1,574,711 1 %
Industrial warehouses 1,282,413 1,258,703 2 % 1,263,037 2 %
Multifamily 1,189,481 1,191,145 0 % 1,202,577 (1) %
Gas stations and car washes 1,160,481 1,176,491 (1) % 1,084,310 7 %
Mixed-use facilities 677,227 691,821 (2) % 699,776 (3) %
Hotels/motels 826,422 821,845 1 % 757,814 9 %
Single-tenant retail 648,494 658,440 (2) % 651,950 (1) %
Office 331,939 331,603 0 % 347,115 (4) %
All other 754,223 745,745 1 % 795,816 (5) %
Total CRE loans $ 8,457,673 $ 8,494,508 0 % $ 8,377,106 1 %
DEPOSIT COMPOSITION: 3/31/2026 12/31/2025 % change 3/31/2025 % change
Noninterest bearing demand deposits $ 3,387,757 $ 3,371,759 0 % $ 3,362,842 1 %
Money market, interest bearing demand, and savings 6,036,197 5,856,373 3 % 5,410,471 12 %
Time deposits 6,302,488 6,375,011 (1) % 5,715,006 10 %
Total deposits $ 15,726,442 $ 15,603,143 1 % $ 14,488,319 9 %
Table Page 5
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
CAPITAL & CAPITAL RATIOS: 3/31/2026 12/31/2025 3/31/2025
Total stockholders’ equity $ 2,283,380 $ 2,283,268 $ 2,160,033
Total capital $ 2,171,355 $ 2,171,256 $ 2,153,418
Common equity tier 1 ratio 12.35 % 12.27 % 13.28 %
Tier 1 capital ratio 13.04 % 12.96 % 14.02 %
Total capital ratio 14.07 % 13.99 % 15.06 %
Leverage ratio 11.11 % 11.05 % 11.92 %
Total risk weighted assets $ 15,436,061 $ 15,520,691 $ 14,297,471
Book value per common share $ 17.86 $ 17.81 $ 17.84
Tangible common equity (“TCE”) per share (1)
$ 13.73 $ 13.71 $ 13.99
TCE ratio (1)
9.68 % 9.76 % 10.20 %
(1) TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Page 9.
ALLOWANCE FOR CREDIT LOSSES CHANGES: Three Months Ended
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Balance at beginning of period $ 156,661 $ 152,509 $ 149,505 $ 147,412 $ 150,527
Initial allowance for purchased credit deteriorated (“PCD”) loans and purchased seasoned loans (“PSL”) acquired (2)
— — — 3,971 —
Provision for losses on loans 9,200 7,800 8,100 10,092 5,200
Recoveries 322 1,694 1,517 2,844 233
Charge offs (11,069) (5,342) (6,613) (14,814) (8,548)
Balance at end of period $ 155,114 $ 156,661 $ 152,509 $ 149,505 $ 147,412
(2) During the fourth quarter of 2025, the Company adopted ASU 2025-08 effective January 1, 2025, and applied the guidance to the acquisition of Territorial Bancorp, which was completed on April 2, 2025.
The presentation of prior periods has been adjusted accordingly.
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Allowance for unfunded loan commitments $ 2,783 $ 3,333 $ 3,933 $ 3,323 $ 2,323
Three Months Ended
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Provision for losses on loans $ 9,200 $ 7,800 $ 8,100 $ 10,092 $ 5,200
Provision (credit) for unfunded loan commitments (550) (600) 610 1,000 (400)
Provision for credit losses $ 8,650 $ 7,200 $ 8,710 $ 11,092 $ 4,800
Table Page 6
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)
Three Months Ended
NET LOAN CHARGE OFFS (RECOVERIES): 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
CRE loans $ 817 $ (1,467) $ (933) $ (843) $ 899
C&I loans 9,931 5,169 5,978 11,829 7,384
Residential mortgage and other loans (1) (54) 51 984 32
Net loan charge offs $ 10,747 $ 3,648 $ 5,096 $ 11,970 $ 8,315
Net charge offs/average loans (annualized) 0.29 % 0.10 % 0.14 % 0.33 % 0.25 %
NONPERFORMING ASSETS: 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Loans on nonaccrual status (1)
$ 109,512 $ 131,747 $ 110,010 $ 110,739 $ 83,808
Accruing delinquent loans past due 90 days or more 10,642 3,943 2,149 2,149 98
Total nonperforming loans 120,154 135,690 112,159 112,888 83,906
Other real estate owned (“OREO”) 365 365 — — —
Total nonperforming assets $ 120,519 $ 136,055 $ 112,159 $ 112,888 $ 83,906
Nonperforming assets/total assets 0.65 % 0.73 % 0.61 % 0.61 % 0.49 %
Nonperforming loans/loans receivable 0.82 % 0.92 % 0.77 % 0.78 % 0.63 %
Nonaccrual loans/loans receivable 0.75 % 0.90 % 0.75 % 0.77 % 0.63 %
Allowance for credit losses/loans receivable 1.06 % 1.07 % 1.05 % 1.04 % 1.11 %
Allowance for credit losses/nonperforming loans 129.10 % 115.46 % 135.98 % 132.44 % 175.69 %
(1) Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $19.4 million, $15.6 million, $15.3 million, $15.3 million, and $11.8 million, at March 31, 2026, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 2025, respectively.
NONACCRUAL LOANS BY TYPE: 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
CRE loans $ 52,920 $ 65,106 $ 54,016 $ 55,368 $ 24,106
C&I loans 42,538 53,136 45,494 46,945 50,544
Residential mortgage and other loans 14,054 13,505 10,500 8,426 9,158
Total nonaccrual loans $ 109,512 $ 131,747 $ 110,010 $ 110,739 $ 83,808
Table Page 7
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)
ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE: 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
30 - 59 days past due $ 29,621 $ 19,056 $ 15,788 $ 4,909 $ 11,927
60 - 89 days past due 59 4,244 5,117 2,843 27,719
Total accruing delinquent loans 30-89 days past due $ 29,680 $ 23,300 $ 20,905 $ 7,752 $ 39,646
ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE BY TYPE: 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
CRE loans $ 11,819 $ 12,064 $ 14,872 $ 4,377 $ 4,993
C&I loans 604 2,209 3,356 1,084 27,455
Residential mortgage and other loans 17,257 9,027 2,677 2,291 7,198
Total accruing delinquent loans 30-89 days past due $ 29,680 $ 23,300 $ 20,905 $ 7,752 $ 39,646
CRITICIZED LOANS: 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Special mention loans $ 72,668 $ 94,003 $ 131,384 $ 137,313 $ 184,659
Classified loans 252,410 257,113 241,483 277,418 264,064
Total criticized loans $ 325,078 $ 351,116 $ 372,867 $ 414,731 $ 448,723
Table Page 8
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
Reconciliation of GAAP financial measures to non-GAAP financial measures
Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below.
TANGIBLE COMMON EQUITY (“TCE”) 3/31/2026 12/31/2025 3/31/2025
Total stockholders’ equity $ 2,283,380 $ 2,283,268 $ 2,160,033
Goodwill and core deposit intangible assets, net (528,021) (525,938) (466,405)
TCE $ 1,755,359 $ 1,757,330 $ 1,693,628
Total assets $ 18,656,864 $ 18,531,626 $ 17,068,316
Goodwill and core deposit intangible assets, net (528,021) (525,938) (466,405)
Tangible assets $ 18,128,843 $ 18,005,688 $ 16,601,911
TCE ratio 9.68 % 9.76 % 10.20 %
Common shares outstanding 127,822,689 128,201,655 121,074,988
Book value per share (GAAP) $ 17.86 $ 17.81 $ 17.84
TCE per share $ 13.73 $ 13.71 $ 13.99
Three Months Ended
RETURN ON AVERAGE TANGIBLE COMMON EQUITY (“ROTCE”) 3/31/2026 12/31/2025 3/31/2025
Average stockholders’ equity $ 2,299,203 $ 2,275,285 $ 2,148,079
Average goodwill and core deposit intangible assets, net (525,532) (524,118) (466,633)
Average TCE $ 1,773,671 $ 1,751,167 $ 1,681,446
Net income (GAAP) $ 29,540 $ 34,466 $ 21,096
ROTCE (annualized) 6.66 % 7.87 % 5.02 %
Table Page 9
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
Three Months Ended
PRE-PROVISION NET REVENUE (“PPNR”) 3/31/2026 12/31/2025 3/31/2025
Net interest income $ 124,057 $ 127,405 $ 100,817
Noninterest income 16,967 18,351 15,688
Revenue 141,024 145,756 116,505
Less: Noninterest expense 94,455 99,428 83,861
PPNR $ 46,569 $ 46,328 $ 32,644
Notable items:
FDIC special assessment expense (reversal) $ (58) $ (691) $ —
Merger and restructuring-related costs 234 776 2,519
Total notable items included in PPNR 176 85 2,519
PPNR, excluding notable items $ 46,745 $ 46,413 $ 35,163
Three Months Ended
PROFITABILITY RATIOS EXCLUDING NOTABLE ITEMS 3/31/2026 12/31/2025 3/31/2025
Net income (GAAP) $ 29,540 $ 34,466 $ 21,096
Notable items:
FDIC special assessment expense (reversal) (58) (691) —
Merger and restructuring-related costs 234 776 2,519
Total notable items included in pre-tax income 176 85 2,519
Tax effect on notable items in pre-tax income (50) (25) (741)
Notable impact from California state tax apportionment law change — (49) —
Total notable items, net of tax 126 11 1,778
Net income excluding notable items $ 29,666 $ 34,477 $ 22,874
Diluted common shares 128,723,654 128,769,564 121,433,080
EPS excluding notable items $ 0.23 $ 0.27 $ 0.19
Average assets $ 18,521,103 $ 18,595,446 $ 17,084,378
ROA excluding notable items (annualized) 0.64 % 0.74 % 0.54 %
Average equity $ 2,299,203 $ 2,275,285 $ 2,148,079
ROE excluding notable items (annualized) 5.16 % 6.06 % 4.26 %
Average TCE $ 1,773,671 $ 1,751,167 $ 1,681,446
ROTCE excluding notable items (annualized) 6.69 % 7.88 % 5.44 %
Table Page 10
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
Three Months Ended
EFFICIENCY RATIO EXCLUDING NOTABLE ITEMS 3/31/2026 12/31/2025 3/31/2025
Noninterest expense $ 94,455 $ 99,428 $ 83,861
Notable items:
FDIC special assessment expense reversal 58 691 —
Merger and restructuring-related costs (234) (776) (2,519)
Noninterest expense excluding notable items $ 94,279 $ 99,343 $ 81,342
Revenue $ 141,024 $ 145,756 $ 116,505
Efficiency ratio excluding notable items 66.85 % 68.16 % 69.82 %
Three Months Ended
EFFECTIVE TAX RATE EXCLUDING NOTABLE ITEMS 3/31/2026 12/31/2025 3/31/2025
Income before income taxes $ 37,919 $ 39,128 $ 27,844
Notable items before tax effect 176 85 2,519
Income before tax excluding notable items $ 38,095 $ 39,213 $ 30,363
GAAP income tax provision $ 8,379 $ 4,662 $ 6,748
Tax effect on notable items in pre-tax income 50 25 741
Notable impact from California state tax apportionment law change — 49 —
Income tax provision excluding notable items $ 8,429 $ 4,736 $ 7,489
Effective tax rate excluding notable items 22.13 % 12.08 % 24.66 %
Table Page 11
EX-99.2
EX-99.2
Filename: hopeq126slides.htm · Sequence: 3
hopeq126slides
2026 First Quarter Earnings Conference Call April 28, 2026
Forward Looking Statements & Additional Disclosures Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will”, “believes”, “expects”, “anticipates”, “intends”, ”plans”, “estimates”, “projects”, and similar expressions and statements regarding Hope Bancorp’s strategic initiatives, the acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”), and Hope Bancorp’s future financial and operational results and capital allocation strategy. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. With the consummation of the pending acquisition of MANUBANK, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among other things: the failure of the conditions to closing to be satisfied or waived; difficulties and delays in integrating Hope Bancorp and MANUBANK and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; and deposit attrition, operating costs, customer loss and business disruption following the acquisition, including difficulties in maintaining relationships with employees and customers, which may be greater than expected. The closing of the proposed transaction is subject to regulatory approvals and the satisfaction of other customary closing conditions. Other risks and uncertainties include, but are not limited to: possible deterioration of economic conditions in Hope Bancorp’s areas of operation and in the U.S. generally or elsewhere, including as a result of the interest rate environment, supply chain disruptions, inflation, labor shortages, changes in the housing and real estate markets, consumer confidence and spending habits; risk of adverse economic or political conditions in South Korea; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; the possibility that Hope Bancorp may discontinue or otherwise limit repurchases of its common stock from time to time; risk of significant non-earning assets and net credit losses that could occur, particularly in times of weak economic conditions or rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s allowance for credit losses; risk of natural disasters; risk of cybersecurity incidents; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp; and the impact of U.S. and global trade policies, including changes in, or the imposition of, tariffs and/or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom including fluctuations in commodity prices such as oil, as well as geopolitical instability and international tensions. For additional information concerning these and other risk factors, see Hope Bancorp’s most recent Annual Report on Form 10-K and other documents Hope Bancorp files with the SEC from time to time. Hope Bancorp does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law. 2
Q1 2026 Financial Overview Capital, Stockholder Returns & Strategic Acquisition • Total capital ratio was 14.07% at 03/31/26; tangible common equity (“TCE”) ratio(1) was 9.68% at 03/31/26 • Repurchased 0.5% of shares outstanding in 1Q26; quarterly common stock dividend of $0.14 per share • Announced accretive acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”), in an all-cash transaction; anticipated close in 2H 2026, subject to regulatory approvals and other customary closing conditions Deposits • Total deposits of $15.7B at 03/31/26, +1% QoQ • Non-maturity interest bearing deposits up 3% QoQ; noninterest bearing demand deposits up 0.5% QoQ; higher cost time deposits intentionally decreased Loans • Gross loans of $14.7B at 03/31/26, essentially stable QoQ • Gross loan-to-deposit ratio of 93.7% at 03/31/26 Asset Quality • Criticized loans down 7% QoQ to $325MM at 03/31/26, represented 2.22% of total loans receivable • Special mention loans down 23% QoQ; classified loans down 2% QoQ • Nonperforming assets (“NPA”) down 11% QoQ to $121MM at 03/31/26, represented 0.65% of total assets Earnings • 1Q26 net income: $29.5MM ($0.23 per diluted common share), up 40% YoY • 1Q26 pre-provision net revenue (“PPNR”)(1) of $46.6MM, up 43% YoY • 1Q26 highlights: PPNR growth, improved efficiency, stable NIM and continued progress on lowering cost of deposits Total Capital & TCE Ratio(1) at 03/31/26 14.07% / 9.68% NPA/Total Assets at 03/31/26 0.65% Gross Loans at 03/31/26 $14.7B Total Deposits at 03/31/26 $15.7B 1Q26 Net Income / EPS $29.5MM / $0.23 1Q26 Pre-Provision Net Revenue(1) $46.6MM (1) TCE ratio and pre-provision net revenue are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. Pre-provision net revenue is defined as total revenue (net interest income plus noninterest income) less noninterest expense, before provision for credit losses and income taxes. 3
Hope 03/31/26 Actual Capital Management • Dividend: Quarterly common stock dividend of $0.14 per share, or $0.56 per share annualized. Equivalent to an annualized dividend yield of 5.01%, at 03/31/26 • Buybacks in 1Q26: Repurchased 604,161 shares of common stock (0.5% of shares outstanding), at an avg. price of $11.10/share (total of $7MM). Buyback authorization has $29MM remaining • Strategic, accretive pending acquisition of MANUBANK: – Transaction expected to close in 2H 2026, subject to regulatory approvals and the satisfaction of other customary closing conditions – Transaction expected to optimize capital ratios (see exhibit on slide) and strengthen core profitability – All cash transaction, no new shares issued – Estimating approximately 2-year tangible book value (“TBV”) earn-back and TBV dilution of approx. 4% from core deposit intangible and acquisition-related costs – Refer to Appendix slides 13 and 14 for more information regarding the transaction and slide 20 for TBV Dilution and non-GAAP Financial Reconciliations Capital Ratios Capital Ratio Comparison 9.7% 11.1% 12.4% 14.1% 03/31/2026 12/31/2025 03/31/2025 Leverage Ratio 11.11% 11.05% 11.92% Common Equity Tier 1 ("CET1") Capital Ratio 12.35% 12.27% 13.28% Tier 1 Capital Ratio 13.04% 12.96% 14.02% Total Capital ("RBC") Ratio 14.07% 13.99% 15.06% Tangible Common Equity (“TCE”) Ratio(1) 9.68% 9.76% 10.20% TCE Per Share(1) $13.73 $13.71 $13.99 (1) TCE ratio and TCE per share are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non- GAAP financial measures are provided in the Appendix of this presentation. (2) Pro Forma as of 12/31/25 including estimated transaction marks and MANUBANK loan and deposit balances as of 12/31/25, as published in the HOPE investor presentation regarding the acquisition, dated 03/31/26. Pro Forma(2) 11.7% 10.2% 9.4% 8.1% TCE Ratio(1) Leverage Ratio Total Capital RatioCET1 Capital Ratio Pro Forma with MANUBANK(2) 4 W e ll C a p it a liz e d R e g u la to ry M in im u m 5.00% W e ll C a p it a liz e d R e g u la to ry M in im u m W e ll C a p it a liz e d R e g u la to ry M in im u m 6.50% 10.00% Pro Forma(2) Pro Forma(2) Pro Forma(2)
Noninterest Bearing Demand Deposits Money Market, Interest Bearing Demand & Savings Deposits Time Deposits Well-Diversified Loan Portfolio, Diverse & Granular Deposit Base Loan Composition by Product Type Deposit Composition by Product Type $15.7B Total Deposits (at 03/31/26) Nonowner- Occupied CRE C&I Owner- Occupied CRE Residential Mortgage & Other Multifamily Residential $1.2B (8%) $14.7B Gross Loans(1) (at 03/31/26) $4.6B (31%) $3.7B (25%) $6.3B (40%) $6.0B (38%) $3.4B (22%) $2.5B (17%) $2.7B (19%) • Loan portfolio well-diversified across major loan types of CRE, C&I, residential mortgage, and multifamily residential loans • Gross loans, including loans held for sale, totaled $14.7B at 03/31/26, essentially stable QoQ. Gross loans were up 11% YoY, driven by organic residential mortgage growth and the impact of the Territorial Bancorp acquisition (which closed 04/02/25) • Total deposits of $15.7B at 03/31/26, up 1% QoQ and up 9% YoY • Nonmaturity interest bearing deposits (excludes time deposits) up 3% QoQ and noninterest bearing demand deposits up 0.5% QoQ. Higher cost time deposits intentionally run off • Deposit growth YoY reflects impact Territorial Bancorp (1) Including loans held for sale. 5
Net Interest Income & Net Interest Margin • 1Q26 net interest income (“NII”) of $124MM. QoQ decrease in NII reflected the impact of lower day count in 1Q and a modest decrease of 0.4% in avg. earning assets, in which avg. loans were up but other earning assets declined. 1Q26 NII up 23% YoY from $101MM • 1Q26 net interest margin (“NIM”) of 2.90%, unchanged QoQ: impact from decrease in loan yields offset by the decrease in deposit costs • 1Q26 NIM up 36bps YoY, driven by 77bps reduction in cost of interest bearing deposits to 3.37% in 1Q26, down from 4.14% in 1Q25, outpacing the decline in the federal funds target rate over the same period Net Interest Income & Net Interest Margin 2.90%2.90% Decrease in loan yield -3bps 1Q26 NIM: unchanged QoQ QoQ Change in Net Interest Margin 4Q25 1Q26 Net impact of change in balance sheet mix -10bps Decrease in borrowing cost +11bps Decrease in interest bearing deposit cost +2bps $101 $117 $127 $127 $124 2.54% 2.69% 2.89% 2.90% 2.90% 1Q25 2Q25 3Q25 4Q25 1Q26 Net Interest Income NIM (annualized) 6 ($ Millions)
$11.1 $12.6 $12.4 $12.3 $12.2 $3.4 $3.5 $3.5 $3.5 $3.3 1Q25 2Q25 3Q25 4Q25 1Q26 Avg Interest Bearing ("IB") Deposits Avg Non IB Deposits 93% 90% 91% 93% 94% 3.18% 2.96% 2.88% 2.75% 2.64% 4.14% 3.77% 3.69% 3.52% 3.37% 4.50% 4.50% 4.46% 4.02% 3.75% 1Q25 2Q25 3Q25 4Q25 1Q26 Cost of Total Deposits (annualized) Cost of IB Deposits (annualized) Avg Fed Funds Upper Target Rate Average Loans, Deposits, Yields & Rates 5.88% 5.88% 5.92% 5.80% 5.69% 4.50% 4.50% 4.46% 4.02% 3.75% 1Q25 2Q25 3Q25 4Q25 1Q26 Avg Loan Yield (annualized) Avg Fed Funds Upper Target Rate Average Deposits Average Loans ($ Billions) ($ Billions) $13.5 $14.4 $14.5 $14.6 $14.7 0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00 1Q25 2Q25 3Q25 4Q25 1Q26 Costs of Average Deposits Relative to Fed Funds Rate Average Loan Yields Relative to Fed Funds Rate $15.8$15.9$16.1 $14.5 $15.6 Avg Loan-to-Deposit Ratio 7
Noninterest Income • 1Q26 noninterest income totaled $17MM, up $1MM QoQ, and down $1MM YoY • QoQ change reflected less gains on sale of investment securities and lower customer-level swap fee income, the latter of which reflected lower underlying transaction activity in 1Q26 • Sold $53MM of the guaranteed portion of SBA 7(a) loans during 1Q26 vs. $46MM in 4Q25. Net gains on SBA loan sales of $3MM in 1Q26, up $0.7MM QoQ from 4Q25 $2.9 $3.1 $3.2 $3.2 $3.3 $3.1 $4.0 $2.8 $2.6 $3.3 $1.2 $0.6 $5.7 $6.3 $5.9 $9.1 $7.1 $4.0 $2.5 $3.5 $2.3 $2.7 1Q25 2Q25 3Q25 4Q25 1Q26 Service Fees on Deposit Accounts Net Gains on SBA Loan Sales Net Gains on AFS Securities Sale Other Customer Driven Income & Fees Other Noninterest Income $(23.0) Noninterest Income (excluding notable items) (1) ($ Millions) $15.7 $15.9(2) (1) Noninterest income excluding notable items is a non-GAAP financial measure. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. (2) Notable items in 2Q25 included a net loss on sales of securities AFS of $38.9MM from partial securities portfolio repositioning. GAAP Noninterest Income $15.4 $18.4 $17.0 8
Noninterest Expense & Efficiency 72.0% 115.8% 68.2% 68.2% 67.0% 69.8% 69.1% 67.5% 68.2% 66.9% 1Q25 2Q25 3Q25 4Q25 1Q26 Efficiency Ratio (GAAP) Efficiency Ratio (ex. notable items) $48.0 $52.3 $54.1 $57.9 $56.2 $8.8 $11.1 $11.6 $11.5 $10.6$7.0 $9.2 $9.7 $9.8 $9.9$17.5 $19.6 $20.5 $20.1 $17.6 1Q25 2Q25 3Q25 4Q25 1Q26 Salary & Employee Benefits Occupancy & FF&E Software & Data Processing Other Expenses Efficiency Ratio $81.3 $92.2 Noninterest Expense (excluding notable items) (1)(2) ($ Millions) GAAP Noninterest Expense $83.9 $109.5 (2) $95.9 $96.9 Reflects the close of the Territorial Bancorp acquisition and the partial securities portfolio repositioning loss in 2Q25 $99.3 $99.4 $94.3 $94.5 • 1Q26 GAAP noninterest expense of $94.5MM, down 5% QoQ. Notable items: $0.2MM of merger-related costs, $(0.1)MM reversal of FDIC special assessment • QoQ noninterest expense decrease reflected continued expense management discipline, including a 3% decrease in compensation expense • YoY noninterest expense increase reflected the addition of Territorial Bancorp operating expenses • 1Q26 efficiency ratio improved QoQ and YoY: positive operating leverage alongside disciplined expense management (1) The noninterest expense chart columns represent noninterest expense excluding notable items. (2) Noninterest expense excluding notable items and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 9
Stable Asset Quality • Allowance for credit losses (“ACL”) coverage ratio: 1.06% of loans receivable at 03/31/26 vs. 1.07% at 12/31/25 • Criticized loans of $325MM at 03/31/26, down $26MM, or 7%, QoQ. Included a 23% reduction in special mention loans and a 2% reduction in classified loans. Criticized loans down 28% YoY • Criticized loan ratio improved to 2.22% of total loans receivable at 03/31/26, down 17 basis points QoQ and down 114 basis points YoY. Improvement reflected successful resolutions of problem loans • Net charge-offs (“NCO”): $11MM in 1Q26, or 29bps of average loans, annualized, compared with 0.10% in 4Q25 and 0.25% in 1Q25. QoQ change reflected successful resolutions of problem loans • 1Q26 provision for credit losses of $9MM, vs. $7MM for 4Q25. Increase primarily reflected QoQ change in NCOs $147 $150 $153 $157 $155 1.11% 1.04% 1.05% 1.07% 1.06% 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 ACL ACL Coverage Ratio Provision for Credit Losses & Net Charge-Offs Nonperforming Assets Ratio Allowance for Credit Losses & Coverage Ratio Criticized Loan Ratio $5 $11 $9 $7 $9$8 $12 $5 $4 $11 0.25% 0.33% 0.14% 0.10% 0.29% 1Q25 2Q25 3Q25 4Q25 1Q26 Provision for Credit Losses NCO NCO Ratio (ann.) ($ Millions) ($ Millions) 0.49% 0.61% 0.61% 0.73% 0.65% 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 NPAs/Total Assets 10 3.36% 2.87% 2.56% 2.39% 2.22% 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 Total Criticized Loans as a % of Total Loans
Management Financial Outlook for Full Year 2026 vs. 2025 Metric 2025 ($ Millions) Outlook for 2026 (1) Comments End-of-Period Gross Loans $ 14,788 > 20% growth (raised from high-single digit) ▪ Impact of the pending MANUBANK acquisition + organic growth ▪ Moderating organic CRE loan growth ahead of the pending MANUBANK acquisition to manage pro forma loan concentration Total Revenue(2) (Net Interest Income + Noninterest Income) (excluding notable items) $ 538 ~ 15-20% growth (upper end of range) ▪ Pending MANUBANK acquisition expected to close in second half of 2026, subject to regulatory approvals and satisfaction of other customary closing conditions ▪ No Fed Funds target rate cuts assumed in 2026 Pre-Provision Net Revenue(2) (excluding notable items) $ 169 ~ 25-30% growth (unchanged) ▪ Cost savings benefits from pending MANUBANK acquisition to begin in 2027 (1) The Financial Outlook for 2026 is presented as of April 28, 2026, reflects the Company’s updated financial outlook for full year 2026 vs. actual results for full year 2025, and will not be updated or affirmed unless and until the Company publicly announces such update or affirmation. The Company’s financial outlook for 2026 is dependent on macroeconomic factors, including, but not limited to, the impact of U.S. and global trade policies, geopolitical instability and international tensions, changes to market interest rates, and reflects expectations as of the date of this presentation. The Financial Outlook for 2026 contains Forward-Looking Statements and actual results or conditions may differ materially and adversely from those included in the Financial Outlook for 2026. Please refer to the “forward-looking statements” on Slide 2 of this presentation. (2) Noninterest income excluding notable items and pre-tax, pre-provision revenue excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 11
APPENDIX
Enhancing Hope’s Commercial Banking Capabilities, Market Footprint and Balance Sheet • Expands Scale and Reach: Transaction aligns with Hope’s core strategy to enhance its commercial banking capabilities and broaden Hope’s reach and ability to serve multicultural communities across the mainland U.S. and Hawaii • Deepens Core Market Footprint: MANUBANK’s eight branches broaden Hope’s core footprint in the attractive greater Los Angeles metropolitan area (“MSA”), the 2nd- largest metropolitan area in the U.S. • Balance Sheet Impact: Attractive core deposit funding, specialty deposit segments (including Trust & Estate banking) and commercial loan portfolios (including diversified general middle market, franchise finance, commercial real estate, SBA) further diversify Hope’s balance sheet • SMBC Partnership: Entering into a collaboration and partnership agreement with Sumitomo Mitsui Banking Corporation. Combining SMBC MANUBANK’s Japanese Banking Division and Hope’s Korean Subsidiary Banking Group creates a unique, top-tier platform designed to serve Asian multi-national businesses Commercial Banking Unit Nasdaq: HOPE Established in 1962, SMBC MANUBANK is a wholly owned subsidiary of SMBC Americas Holdings, which itself is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) 13 Source: HOPE’s investor presentation regarding acquisition announcement, dated 03/31/26 and, as such, does not include updated results for the first quarter of 2026.
(1) Financial information contained in the slide reflects information published in the HOPE investor presentation regarding the acquisition, dated 3/31/26 and, as such, does not include updated results for the first quarter of 2026. (2) Based on Consensus 2027 EPS estimate for stand-alone HOPE as of March 27, 2026. (3) Return on Tangible Common Equity (“ROTCE”); Tangible Book Value (“TBV”) per share; Tangible Common Equity (“TCE”); TBV, and TCE are non-GAAP financial metrics. See Appendix slide in this presentation for a reconciliation of GAAP to non-GAAP financial metrics. (4) Pro Forma as of 12/31/25 including estimated transaction marks and MANUBANK loan and deposit balances as of 12/31/25. Pro Forma Combined Company Capital Ratios(3) 8.1% TCE(3) Ratio 9.4% Leverage Ratio 10.2% CET-1(3) Ratio 11.7% Total Capital Ratio Transaction Metrics ~23% Internal Rate of Return 20%+ 2027 Est. EPS Accretion(2) ~4.5% Pro Forma TBV(3) Dilution(4) ~2 yr Est. TBV Earn-back Transaction Structure Pro Forma Balance Sheet Impact (12/31/2025 balances) Estimated Purchase Accounting Adjustments ▪ Purchasing assets and assuming liabilities on a net book value basis ▪ Net assets purchased will be settled in 100% cash; expecting ▪ All cash transaction optimizes capital and improves return on tangible common equity ▪ ~$2.5B in loans (+17% of Hope’s standalone loans) ▪ ~$2.7B in deposits (+17% of Hope’s standalone deposits) ▪ ~2% gross loan credit mark ▪ ~2% loan interest rate mark ▪ ~2.5% core deposit intangible Estimated Closing ▪ Second half of 2026, subject to regulatory approvals and the satisfaction of other customary closing conditions Transaction Summary ~12% 2027 Est. ROTCE(2)(3) Estimated Merger-Related Costs ▪ After-tax expense of ~$30MM, incurred incrementally throughout year 1 post close MANUBANK Acquisition: Delivering Significant Financial Benefits(1) 14
1Q26: Summary Balance Sheet ($ in millions, except per share data) 03/31/2026 12/31/2025 QoQ % change 03/31/2025 YoY % change Cash and due from banks $594.8 $560.1 6% $733.5 -19% Investment securities 2,186.0 2,072.9 5% 2,088.6 5% Federal Home Loan Bank (“FHLB”) stock and other investments 68.8 60.2 14% 103.5 -34% Gross loans 14,737.1 14,787.9 0% 13,335.5 11% Allowance for credit losses (155.1) (156.7) -1% (147.4) 5% Goodwill and intangible assets 528.0 525.9 0% 466.4 13% Other assets 697.3 681.3 4% 488.2 43% Total assets $18,656.9 $18,531.6 1% $17,068.3 9% Deposits $15,726.4 $15,603.1 1% $14,488.3 9% Borrowings & other debt 396.3 395.9 0% 209.9 89% Other liabilities 250.8 249.3 1% 210.0 19% Total liabilities $16,373.5 $16,248.3 1% $14,908.2 10% Total stockholders’ equity $2,283.4 $2,283.3 0% $2,160.0 6% Book value per share $17.86 $17.81 0% $17.84 0% TCE per share(1) $13.73 $13.71 0% $13.99 -2% TCE ratio(1) 9.68% 9.76% 10.20% Loan-to-deposit ratio 93.7% 94.8% 92.0% (1) TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 15
1Q26: Summary Income Statement ($ in thousands, except share and per share data) 1Q26 4Q25 QoQ % change 1Q25 YoY % change Net interest income $124,057 $127,405 -3% $100,817 23% Provision for credit losses 8,650 7,200 20% 4,800 80% Net interest income after provision for credit losses 115,407 120,205 -4% 96,017 20% Noninterest income 16,967 18,351 -8% 15,688 8% Noninterest expense 94,455 99,428 -5% 83,861 13% Noninterest expense excluding notable items(1) 94,279 99,343 -5% 81,342 16% Income before income taxes 37,919 39,128 -3% 27,844 36% Income tax provision 8,379 4,662 80% 6,748 24% Net income $29,540 $34,466 -14% $21,096 40% Net income excluding notable items(1) $29,666 $34,477 -14% $22,874 30% EPS - Diluted $0.23 $0.27 $0.17 EPS excluding notable items(1) - Diluted $0.23 $0.27 $0.19 Weighted Average Shares Outstanding – Diluted 128,723,654 128,769,564 121,433,080 (1) Noninterest expense excluding notable items, net income excluding notable items, and diluted EPS excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 16
1Q26: Summary Profitability Ratios (Ratios, except per share data; annualized, except as noted) 1Q26 4Q25 1Q25 Earnings per common share – diluted (not annualized) $0.23 $0.27 $0.17 Earnings per common share – diluted excluding notable items (not annualized)(1) $0.23 $0.27 $0.19 Return on average assets (“ROA”) 0.64% 0.74% 0.49% ROA excluding notable items(1) 0.64% 0.74% 0.54% Return on average equity (“ROE”) 5.14% 6.06% 3.93% ROE excluding notable items(1) 5.16% 6.06% 4.26% Return on average tangible common equity (“ROTCE”)(1) 6.66% 7.87% 5.02% ROTCE excluding notable items(1) 6.69% 7.88% 5.44% Net interest margin 2.90% 2.90% 2.54% Efficiency ratio (not annualized) 66.98% 68.22% 71.98% Efficiency ratio excluding notable items (not annualized)(1) 66.85% 68.16% 69.82% (1) Earnings per common share - diluted excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 17
1Q26: Non-GAAP Financial Measures Reconciliation Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below. Efficiency Ratio Excluding Notable Items ($ in thousands) 1Q26 4Q25 1Q25 Noninterest expense $94,455 $99,428 $83,861 Notable items: FDIC special assessment expense reversal $58 $691 $— Merger and restructuring-related costs (234) (776) (2,519) Noninterest expense excluding notable items $94,279 $99,343 $81,342 Revenue $141,024 $145,756 $116,505 Efficiency ratio excluding notable items 66.85% 68.16% 69.82% Tangible Common Equity (TCE)Pre-provision Net Revenue (PPNR) Excluding Notable Items ($ in thousands, except share and per share info) 03/31/2026 12/31/2025 03/31/2025 Total stockholders’ equity $2,283,380 $2,283,268 $2,160,033 Goodwill and core deposit intangible assets, net (528,021) (525,938) (466,405) TCE $1,755,359 $1,757,330 $1,693,628 Total assets $18,656,864 $18,531,626 $17,068,316 Goodwill and core deposit intangible assets, net (528,021) (525,938) (466,405) Tangible assets $18,128,843 $18,005,688 $16,601,911 TCE ratio 9.68% 9.76% 10.20% Common shares outstanding 127,822,689 128,201,655 121,074,988 TCE per share $13.73 $13.71 $13.99 ($ in thousands) 1Q26 4Q25 1Q25 Net interest income $124,057 $127,405 $100,817 Noninterest income 16,967 18,351 15,688 Revenue $141,024 $145,756 $116,505 Less: noninterest expense 94,455 99,428 83,861 PPNR $46,569 $46,328 $32,644 Notable items: FDIC special assessment expense (reversal) $(58) $(691) $— Merger and restructuring-related costs 234 776 2,519 Total notable items included in PPNR 176 85 2,519 PPNR, excluding notable items $46,745 $46,413 $35,163 18
1Q26: Non-GAAP Financial Measures Reconciliation (cont’d) Profitability & Ratios Excluding Notable Items ($ in thousands, except share and per share info) 1Q26 4Q25 1Q25 Net income (GAAP) $29,540 $34,466 $21,096 Notable items: FDIC special assessment expense (reversal) $(58) $(691) $— Merger and restructuring-related costs 234 776 2,519 Total notable items included in pre-tax income $176 $85 $2,519 Tax effect on notable items in pre-tax income (50) (25) (741) Notable impact from CA tax apportionment law change — (49) — Total notable items, net of tax 126 11 1,778 Net income excluding notable items $29,666 $34,477 $22,874 Diluted common shares 128,723,654 128,769,564 121,433,080 EPS excluding notable items $0.23 $0.27 $0.19 Average assets 18,521,103 18,595,446 17,084,378 ROA excluding notable items (annualized) 0.64% 0.74% 0.54% Average Equity 2,299,203 2,275,285 2,148,079 ROE excluding notable items (annualized) 5.16% 6.06% 4.26% Average TCE 1,773,671 1,751,167 1,681,446 ROTCE excluding notable items (annualized) 6.69% 7.88% 5.44% Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below. 19
($ in millions) 12/31/25 HOPE Total Stockholders Equity $2,283 Estimated Equity Impact from MANUBANK (16) HOPE Goodwill and CDI (526) Estimated CDI (63) Estimated Pro Forma Tangible Common Equity (“TCE”) $1,678 HOPE Total Assets 18,532 Estimated MANUBANK Assets 2,723 Pro Forma Goodwill and Estimated CDI (589) Estimated Pro Forma Tangible Assets $20,666 HOPE TCE Ratio (actual 12/31/25) 9.8% Estimated Pro Forma TCE Ratio 8.1% MANUBANK Pro Forma Non-GAAP Reconciliation - TCE Ratio MANUBANK Transaction Tangible Book Value Dilution Reconciliation ($ in millions, except share and per share info) 12/31/25 Common Shares $ Per Share HOPE Tangible Book Value $1,757 128,201,655 $13.71 Estimated Equity Impact from MANUBANK (16) — — Estimated Core Deposit Intangible (“CDI”) (63) — — Combined Pro Forma Tangible Book Value $1,678 128,201,655 $13.09 Estimated Tangible Book Value Per Share Dilution ($) $(0.62) Estimated Tangible Book Value Per Share Dilution (%) (4.5%) 20 TBV dilution and other non-GAAP financial measures have been provided as we believe they provide investors with meaningful supplemental information that is useful in understanding the financial metrics of this transaction. Reconciliations of the financial metrics are provided below. Source: HOPE’s investor presentation regarding acquisition announcement, dated 03/31/26 and, as such, does not include updated results for the first quarter of 2026. MANUBANK: TBV Dilution and non-GAAP Financial Reconciliations
1Q26: Diversified CRE Portfolio with Low LTVs Total CRE: Distribution by LTV (excl. SBA) < 50%, 58% 50% - 55%: 11% > 55% - 60%: 9% > 70%: 8%$8.5B CRE Portfolio (at 03/31/26) 47% Weighted Avg LTV(1) (1) Excludes loans held for sale. (2) Weighted average loan-to-value (“LTV”): Current loan balance divided by updated collateral value. Collateral value updates most recent available appraisal by using CoStar market and property-specific data, including submarket appreciation or depreciation, and changes to vacancy, debt service coverage or rent/sq foot. • Total CRE loans of $8.5B at 03/31/26. Portfolio consists of $4.6B of nonowner-occupied CRE, $2.7B of owner-occupied CRE, and $1.2B of multifamily residential loans • CRE office: represented approximately 2% of total loans at 03/31/26 with no central business district exposure $8.5B CRE Portfolio (at 03/31/26) As a % of Loans(1): Avg Loan Size: Weighted Avg LTV(2): 11% Multi-tenant Retail $1,587MM $2.5MM 41.9% 9% Industrial & Warehouse $1,283MM $2.6MM 41.1% 8% Multifamily $1,189MM $2.4MM 59.4% 8% Gas Station & Car Wash $1,161MM $2.0MM 50.3% 6% Hotel/Motel $826MM $2.3MM 41.2% 5% Mixed Use $677MM $1.9MM 48.4% 4% Single-tenant $649MM $1.5MM 46.5% 2% Office $332MM $2.0MM 54.9% 5% All Other $754MM $1.6MM 41.2% 21
LA Fashion District Gateway Cities San Gabriel Valley South Bay LA Koreatown Other LA County (No exposure to downtown LA commercial business district) Orange County San Bernardino County Riverside County Other SoCal San Francisco, $44 Greater SF Bay Area Other NorCal Manhattan Queens County Kings County Other New York New Jersey Texas Washington Arizona Illinois Georgia Nevada Other States 03/31/2026 SoCal NorCal NY/NJ Texas Washington Arizona Illinois Georgia Nevada Other 1Q26: Granular CRE Portfolio, Diversified by Submarket Loan Size (at 03/31/26) Balance ($ Millions) # of Loans Average Loan Size ($ Millions) Weighted Average LTV(1) > $30MM $ 390 10 $ 39.0 62.1% $20MM - $30MM 538 23 23.8 51.3% $10MM - $20MM 1,286 93 13.8 50.8% $5MM - $10MM 1,623 235 6.9 48.4% $2MM - $5MM 2,410 764 3.2 45.8% < $2MM 2,211 2,890 0.8 40.0% Total CRE Portfolio $ 8,458 4,015 $ 2.1 46.7% • Loan-to-value ratios are consistently low across segments by size and by property type • Vast majority of CRE loans have full recourse and personal guarantees CRE Portfolio by Size Segment (1) Weighted average LTV: Current loan balance divided by updated collateral value. Collateral value updates most recent available appraisal by using CoStar market and property-specific data, including submarket appreciation or depreciation, and changes to vacancy, debt service coverage or rent/sq foot CRE Portfolio by Geographic Submarket ($ Millions) $8.5B CRE Portfolio (at 03/31/26) 22
Thank you
EX-99.3
EX-99.3
Filename: hope-03312026ex993q12026di.htm · Sequence: 4
Document
News Release
HOPE BANCORP DECLARES QUARTERLY CASH DIVIDEND OF $0.14 PER SHARE
LOS ANGELES - April 28, 2026 - 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 May 22, 2026, to all stockholders of record as of the close of business on May 8, 2026.
About Hope Bancorp, Inc.
Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company for Bank of Hope, with $18.66 billion in total assets as of March 31, 2026. Following the addition of Territorial Savings as a division of Bank of Hope, the Company became the largest regional bank serving multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, Bank of Hope offers a comprehensive range of commercial, corporate, and consumer banking products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and consumer lending, treasury management, foreign exchange solutions, interest rate derivatives, and international trade finance. Bank of Hope operates 45 full-service branches in California, New York, New Jersey, Washington, Texas, Illinois, Alabama and Georgia under the Bank of Hope banner, and 28 branches in Hawaii under the Territorial Savings banner. Bank of Hope also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices throughout the United States, and a representative office in Seoul, South Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to www.bankofhope.com for Bank of Hope and www.tsbhawaii.bank for Territorial Savings, a division of Bank of Hope. By including the foregoing website address links, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.
Contacts:
Julianna Balicka
Executive Vice President & Chief Financial Officer
InvestorRelations@bankofhope.com
Maxime Olivan
Senior Vice President & Investor Relations Manager
InvestorRelations@bankofhope.com
# # #
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