Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share
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 16, 2025, to all stockholders of record as of the close of business on May 2, 2025.
Hope Bancorp Reports 2025 First Quarter Financial Results
Hope Bancorp, Inc. (the “Company”) (
NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its first quarter ended March 31, 2025. For the three months ended March 31, 2025, net income totaled $21.1 million, or $0.17 per diluted common share. Excluding notable items(1), net income for the first quarter of 2025 was $22.9 million, or $0.19 per diluted common share. In the fourth quarter of 2024, net income was $24.3 million, or $0.20 per diluted common share.
Hope Bancorp to Report 2025 First Quarter Financial Results on Tuesday, April 22, 2025
Hope Bancorp, Inc. (
NASDAQ: HOPE) today announced that the Company will report financial results for its first quarter ended March 31, 2025, before the markets open on Tuesday, April 22, 2025.
Hope Bancorp Completes Merger With Territorial Bancorp
Hope Bancorp, Inc. (“Hope Bancorp”) (
NASDAQ: HOPE), the holding company of Bank of Hope, today announced the completion of its merger with Honolulu-based Territorial Bancorp Inc. (“Territorial”), the holding company for Territorial Savings Bank. Effective as of April 2, 2025, Territorial Savings Bank will operate under the trade name Territorial Savings, a division of Bank of Hope, preserving the 100-plus year legacy of the Territorial brand, culture and commitment to local communities.
Hope Bancorp Receives Regulatory Approvals for Its Merger With Territorial Bancorp
Hope Bancorp, Inc. (“Hope Bancorp”) (
NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (
NASDAQ: TBNK), the holding company of Territorial Savings Bank, today jointly announced receipt of all required regulatory approvals to complete their previously announced merger (the “Merger”). Upon completion of the Merger, it is intended that the legacy Territorial franchise in Hawai‘i will operate under the trade name Territorial Savings, a division of Bank of Hope, preserving the 100-plus year legacy of the Territorial brand, culture and commitment to local communities. The combination of the two banks is expected to create the largest regional bank catering to multi-cultural customers across the continental United States and the Hawaiian Islands.
Hope Bancorp to Participate in the 2025 KBW Winter Financial Services Conference
Hope Bancorp, Inc. (
NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the 2025 KBW Winter Financial Services Conference in Boca Raton, Florida, February 12-14, 2025.
Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share
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 February 20, 2025, to all stockholders of record as of the close of business on February 6, 2025.
Hope Bancorp Reports 2024 Fourth Quarter and Full-Year Financial Results
Hope Bancorp, Inc. (the “Company”) (
NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and twelve months ended December 31, 2024. For the three months ended December 31, 2024, net income totaled $24.3 million, or $0.20 per diluted common share. This compares with net income of $24.2 million, or $0.20 per diluted common share, in the third quarter of 2024. For the full year ended December 31, 2024, net income totaled $99.6 million, or $0.82 per diluted common share. Excluding notable items(1), net income for the 2024 full year was $103.4 million, or $0.85 per diluted common share.
Bank of Hope Donates $100,000 for Los Angeles Wildfire Relief
Bank of Hope, a wholly owned subsidiary of Hope Bancorp, Inc. (
NASDAQ: HOPE), today announced a multipronged relief plan to support victims of the devastating wildfires in Los Angeles, including a $100,000 philanthropic donation to the United Way of Greater Los Angeles Wildfire Response Fund.
Hope Bancorp to Report 2024 Fourth Quarter Financial Results on Monday, January 27, 2025
Hope Bancorp, Inc. (
NASDAQ: HOPE) today announced that the Company will report financial results for its fourth quarter and twelve months ended December 31, 2024, before the markets open on Monday, January 27, 2025.
Territorial Bancorp Shareholders Approve Hope Bancorp MergerHONOLULU, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (
NASDAQ: TBNK) (“Territorial” or the “Company”) announced that its shareholders voted to approve the Company’s proposed merger with Hope Bancorp, Inc. (“Hope Bancorp”) (
NASDAQ: HOPE) at the Special Meeting of Territorial Stockholders held today.
Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share
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 November 21, 2024, to all stockholders of record as of the close of business on November 7, 2024.
Hope Bancorp Reports 2024 Third Quarter Financial Results
Hope Bancorp, Inc. (the “Company”) (
NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its third quarter and nine months ended September 30, 2024. For the three months ended September 30, 2024, net income totaled $24.2 million, or $0.20 per diluted common share. This compares with net income of $25.3 million, or $0.21 per diluted common share, in the second quarter of 2024. Excluding notable items(1), net income for the 2024 third quarter was $25.2 million, or $0.21 per diluted common share.
Territorial Bancorp Says Blue Hill Has Provided No Basis to Deem Its Preliminary Indication of Interest SuperiorNo Proof of Committed Financing and/or Information to Validate Its Claims that a Transaction Could Receive Regulatory Approval and Be Completed
Hope Bancorp to Report 2024 Third Quarter Financial Results on Monday, October 28, 2024
Hope Bancorp, Inc. (
NASDAQ: HOPE) today announced that the Company will report financial results for its third quarter and nine months ended September 30, 2024, before the markets open on Monday, October 28, 2024.
Blue Hill Doubles Down on Cloak of Secrecy and Unanswered QuestionsBlue Hill’s Inability to Address Questions About How It Would Pay for or Complete an Acquisition Further Adds to Uncertainty, Risk and Doubt About Its Preliminary Indication of Interest
