Hope Bancorp quarterly net income rises 8% from second quarter
Hope Bancorp reported third-quarter 2026 net income of $35.6 million, up 8% from the prior quarter, according to TradingView.
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what happened
Hope Bancorp, the holding company of Bank of Hope, reported unaudited results for the third quarter and nine months ended September 30, 2026, according to TradingView. Net income reached $35.6 million, or $0.28 per diluted share, up 8% from the second quarter and 16% from a year earlier. Excluding merger-related costs, net income was $37.5 million.
Net interest income rose 5% from the prior quarter to $135.4 million, and net interest margin widened to 3.02%. Noninterest income climbed 17%, and the efficiency ratio improved to 65.3%. The bank also completed its acquisition of the Commercial Banking Unit of SMBC MANUBANK on October 1.
why it matters
The report shows profit growth driven by higher interest income and fees, while loans grew a modest 1%. For investors in US regional banks, it illustrates how margin expansion and expense control support earnings.
market impact
US banks: solid results from a mid-sized lender support sector sentiment
tags
instruments
sources
- Hope Bancorp Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2026 — TradingView, 28 October 2026 at 11:30 UTC
- Hope Bancorp Reports Financial Results For The Third Quarter And Nine Months Ended September 30, 2026 — Reuters, 28 October 2026 at 11:42 UTC
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