HOPE BANCORP INC SEC 10-K Report — TradingView News

Hope Bancorp, Inc., a prominent bank holding company operating through its subsidiary, Bank of Hope, has released its 2025 Form 10-K report. The report provides a comprehensive overview of the company’s financial performance, business operations, strategic initiatives, and the challenges it faces in the competitive banking industry. With a strong presence across the United States and a representative office in Seoul, South Korea, Hope Bancorp continues to expand its market reach and enhance its service offerings.

Financial Highlights

• Net Interest Income: $472.2 million, a 10% increase from 2024, driven by a lower cost of funds and an increase in the average balance of loans.
• Net Income: $61.6 million, a 38% decrease from 2024, impacted by notable items including a net loss on sales of securities and merger-related costs.
• Diluted EPS: $0.49, down from $0.82 in 2024, influenced by lower net income and notable items.
• Net Income, excluding notable items: $113.3 million, or $0.89 per diluted share, indicating a stronger underlying performance when excluding one-time impacts.
• Net Interest Margin: 2.76%, improved from 2.55% in 2024, driven by strategic management of interest-earning assets and liabilities.

Business Highlights

• Business Overview: Hope Bancorp operates as a bank holding company through its subsidiary, Bank of Hope, offering a range of commercial and retail banking products. The company has expanded from its Korean-American roots to serve a diverse customer base across the United States, with branches in multiple states and a representative office in Seoul, South Korea.
• Geographical Performance: The company operates 74 branches across the United States, with significant presence in Hawaii, California, New York, and New Jersey. The acquisition of Territorial Bancorp Inc. in 2025 expanded its footprint in Hawaii, operating under the trade name Territorial Savings.
• Lending Activities: Hope Bancorp provides a variety of loans, including commercial and industrial loans, commercial real estate loans, and Small Business Administration (SBA) loans. The company also offers consumer loans such as single-family mortgages, personal loans, and home equity loans.
• Investment Activities: The company’s investment portfolio aims to manage interest rate risk and provide liquidity, including U.S. Treasury securities, government agency bonds, and mortgage-backed securities. The portfolio is classified into available for sale and held to maturity categories.
• Deposit Activities: Hope Bancorp attracts deposits through a wide range of products, including checking and savings accounts, money market accounts, and time deposits. The company also gathers deposits from outside its normal market area through online platforms and deposit listing services.
• Borrowing Activities: The company utilizes borrowing from the Federal Home Loan Bank and the Federal Reserve Bank to manage liquidity and fund certain strategies. As of December 31, 2025, there was no remaining balance on…