All our capital ratios increased quarter-over-quarter and remain well above the requirements for well-capitalized financial institutions. Our Board of Directors declared a quarterly common stock dividend of $0.14 per share payable on or around February 20 to stockholders of record as of February 6, 2026. Our Board of Directors also reinstated our prior share purchase authorization, which still has $35 million available. Our healthy capital ratios position us to selectively and prudently return capital to sh ...

Core Insights - Hope Bancorp reported strong earnings growth in Q4 2025, with net income reaching $34 million, a 42% increase from the prior quarter, driven by higher net interest income and improved credit metrics [4][5][8] Financial Performance - Gross loans totaled $14.8 billion, up 1% from the previous quarter and 8% year-over-year, influenced by the Territorial acquisition and organic growth in residential mortgages [1][7] - Net interest income was $127 million, reflecting a 1% increase from Q3 and a 25% increase year-over-year, with a tax-equivalent net interest margin of 2.90% [11][7] - Deposits reached $15.6 billion, up 9% year-over-year, although down 1% from the previous quarter due to typical seasonal movements [9][7] Capital Returns - The board declared a quarterly common stock dividend of $0.14 per share, payable on or around February 20, 2026, and reinstated a $35 million share repurchase authorization [2][8] Credit Metrics - Criticized loans decreased to $351 million, representing 2.39% of total loans, down from 2.56% in the prior quarter and 3.30% year-over-year [6][17] - Net charge-offs were $3.6 million, or an annualized 10 basis points of average loans, down from $5.1 million in the previous quarter [18] Strategic Initiatives - The company is focusing on reducing reliance on brokered deposits, which fell by 15% year-over-year, and improving funding efficiency through better deposit mix management [3][10] - Management expects pre-provision net revenue growth of 25-30% in 2026, with a target return on average assets of approximately 1.2% and an efficiency ratio in the mid-50% range [6][21][22] Outlook - The company anticipates benefits from Federal Reserve rate cuts in 2026, with expectations for upward repricing of commercial real estate loans and downward repricing of time deposits [12][20] - Management reiterated a focus on hiring and strategic investments to support growth in 2026, building on momentum from the second half of 2025 [5][20]

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Financial Data and Key Metrics Changes - The company reported a net income of $34 million for Q4 2025, representing a 42% increase quarter-over-quarter, driven by growth in net interest income, customer fee income, lower provision for credit losses, and a lower tax expense [4] - Net interest income totaled $127 million for Q4 2025, an increase of 1% from the prior quarter and up 25% from Q4 2024 [6][8] - Deposits totaled $15.6 billion, up 9% year-over-year, primarily due to the Territorial acquisition, but down 1% from the previous quarter [7] Business Line Data and Key Metrics Changes - Loan production volumes improved by 39% in Q4 2025 compared to the previous year, with gross loans up 8% year-over-year [6] - Non-interest income saw growth across several fee income lines, with customer-level swap fees increasing by 270% from $1.6 million in 2024 to $6 million in 2025 [8][9] - Non-interest expense totaled $99 million in Q4 2025, up from $97 million in Q3, primarily due to compensation-related costs [9][10] Market Data and Key Metrics Changes - The criticized loan ratio improved to 2.39% of loans at December 31, 2025, down from 2.56% at September 30, 2025, and down from 3.30% at December 31, 2024 [11] - The allowance for credit losses totaled $157 million at December 31, 2025, with an allowance coverage ratio of 1.07% of loans receivable [12] Company Strategy and Development Direction - The company aims to build a durable deposit base by expanding primary customer relationships and improving funding efficiency [7] - The strategic focus includes enhancing fee income execution to diversify revenue streams and investing in people and capabilities to support disciplined growth [5][8] - The company plans to achieve a return on average assets of approximately 1.2% and targets loan growth in the high single-digit percentage range [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing growth momentum into 2026, supported by hiring in frontline teams and expected revenue growth driven by strong fee income [13][14] - The outlook for year-over-year pre-provision net revenue growth is anticipated to be in the range of 25%-30% for 2026 [14] - Management noted that the integration of Territorial Bancorp in Hawaii has been successful, with no significant deposit fluctuations reported [35] Other Important Information - The board declared a quarterly common stock dividend of $0.14 per share, payable on or around February 20, 2026 [5] - The company reinstated a share purchase authorization with $35 million available for buybacks [6] Q&A Session Summary Question: Can I quickly just get the PAA accretion number? - The company does not disclose that number separately [18] Question: Can I get your thoughts on deposit costs from here in terms of pricing? - The spot rate on total deposits was 2.68% as of December 31, 2025, and the company expects continued downward repricing of the CD portfolio [20] Question: What does the CD repricing look like going forward in 2026? - The company is looking at a repricing of $6.3 billion in 2026, with new CDs coming in at a weighted average rate of 3.75-3.80% [27][30] Question: Can you provide an update on operations in Hawaii? - The focus in Hawaii was on successful integration and resource addition, with positive reception from the customer base [35]

Financial Data and Key Metrics Changes - The company reported a net income of $34 million for Q4 2025, representing a 42% increase quarter-over-quarter, driven by growth in net interest income, customer fee income, lower provision for credit losses, and a lower tax expense, partially offset by higher operating expenses [4] - Net interest income totaled $127 million for Q4 2025, an increase of 1% from the prior quarter and up 25% from Q4 2024 [9] - The efficiency ratio for Q4 2025 was stable at 68%, with revenue growth effectively absorbing incremental investments [12] Business Line Data and Key Metrics Changes - Gross loans reached $14.8 billion, up 1% quarter-over-quarter and up 8% year-over-year, largely due to the Territorial acquisition and organic residential mortgage growth [7] - Non-interest income showed growth across several fee income lines, with customer-level swap fees increasing by 270% year-over-year [10][11] - Non-interest expense totaled $99 million in Q4 2025, up from $97 million in Q3 2025, primarily driven by compensation-related costs [11] Market Data and Key Metrics Changes - Deposits totaled $15.6 billion, up 9% year-over-year, primarily due to the Territorial acquisition, but down 1% from Q3 2025 [8] - The criticized loan ratio improved to 2.39% of loans at December 31, 2025, down from 2.56% at September 30, 2025, and down from 3.30% at December 31, 2024 [13] Company Strategy and Development Direction - The company aims to build a durable deposit base by expanding primary customer relationships and improving funding efficiency [8] - The strategic focus includes strengthening the organization and expanding the banking footprint, particularly through the acquisition of Territorial Bancorp [4][8] - The company targets a return on average assets of approximately 1.2% and aims for loan growth in the high single-digit percentage range [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing to build on growth momentum from the second half of 2025, supported by hiring in frontline teams [16] - The outlook for 2026 includes expectations for year-over-year revenue growth of 25%-30%, driven by strong fee income growth and net interest margin expansion [17] - Management noted that the integration of operations in Hawaii has been successful, with no significant deposit fluctuations reported [37] Other Important Information - The board declared a quarterly common stock dividend of $0.14 per share, payable on or around February 20, 2026 [6] - The company reinstated a share purchase authorization with $35 million available for buybacks [7] Q&A Session Summary Question: Can I quickly just get the PAA accretion number? - The company does not disclose that number separately [22] Question: Can I get your thoughts on deposit costs from here in terms of pricing? - The spot rate on total deposits was 2.68% as of December 31, 2025, and the company expects continued downward repricing of the CD portfolio [23] Question: What does the CD repricing look like going forward in 2026? - The company is looking at a repricing of $6.3 billion in 2026, with new CDs coming in at around 3.75-3.80% [29][32] Question: Can you provide an update on the operations in Hawaii? - The focus in Hawaii was on successful integration and resource addition, with positive reception from the customer base [37]

Financial Data and Key Metrics Changes - The company reported a net income of $34 million for Q4 2025, representing a 42% increase quarter-over-quarter, driven by growth in net interest income, customer fee income, lower provision for credit losses, and a lower tax expense, partially offset by higher operating expenses [5] - Net interest income totaled $127 million for Q4 2025, an increase of 1% from the prior quarter and up 25% from Q4 2024 [10] - Non-interest expense totaled $99 million in Q4 2025, up from $97 million in Q3 2025, primarily due to compensation-related costs [11] Business Line Data and Key Metrics Changes - Gross loans reached $14.8 billion, up 1% quarter-over-quarter and up 8% year-over-year, largely due to the Territorial acquisition and organic residential mortgage growth [7] - Deposits totaled $15.6 billion, up 9% year-over-year, primarily due to the Territorial acquisition, but down 1% from the previous quarter [8] Market Data and Key Metrics Changes - The criticized loan ratio improved to 2.39% of loans at December 31, 2025, down from 2.56% at September 30, 2025, and down from 3.30% at December 31, 2024 [13] - The allowance for credit losses totaled $157 million at December 31, 2025, up from $152.5 million at September 30, 2025 [14] Company Strategy and Development Direction - The company aims to build a durable deposit base by expanding primary customer relationships and improving funding efficiency through thoughtful mix management and pricing discipline [8] - The company is focused on strengthening its organization and expanding its banking franchise while deepening client engagements [9] Management's Comments on Operating Environment and Future Outlook - Management expects to see year-over-year revenue growth for 2026 driven by strong fee income growth and anticipates a pre-provision net revenue growth of 25%-30% [17] - The company is targeting a return on average assets of approximately 1.2% and loan growth in the high single-digit percentage range [18] Other Important Information - The board of directors declared a quarterly common stock dividend of $0.14 per share, payable on or around February 20, 2026 [6] - The company reinstated its prior share purchase authorization, which still has $35 million available [7] Q&A Session Summary Question: Can I quickly just get the PAA accretion number? - The company does not disclose that number separately [21] Question: Can I get your thoughts on deposit costs from here in terms of pricing? - The spot rate on total deposits was 2.68% as of December 31, 2025, and the company expects continued downward repricing of the CD portfolio [22][24] Question: What does the CD repricing look like going forward in 2026? - The company is looking at a repricing of $6.3 billion in 2026, with new CDs coming in at around 3.75-3.80% [29] Question: Can you provide an update on the operations in Hawaii? - The company did not experience any meaningful deposit fluctuations during the transition period in 2025 and is looking forward to generating growth from this strategy [37]

2025 Fourth Quarter Earnings Conference Call January 27, 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," "inten ...

Hope Bancorp (HOPE) reported $145.76 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 23.5%. EPS of $0.27 for the same period compares to $0.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $145 million, representing a surprise of +0.52%. The company delivered an EPS surprise of +3.85%, with the consensus EPS estimate being $0.26.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

分组1 - Hope Bancorp reported quarterly earnings of $0.27 per share, exceeding the Zacks Consensus Estimate of $0.26 per share, and showing an increase from $0.20 per share a year ago, resulting in an earnings surprise of +3.85% [1] - The company achieved revenues of $145.76 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.52%, and up from $118.02 million year-over-year [2] - Hope Bancorp has outperformed the S&P 500, with shares increasing about 7.5% since the beginning of the year compared to the S&P 500's gain of 1.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $145.85 million, and for the current fiscal year, it is $1.19 on revenues of $600.2 million [7] - The Zacks Industry Rank indicates that the Banks - West sector is in the top 32% of over 250 Zacks industries, suggesting a favorable outlook for companies within this sector [8]

Financial Performance - For Q4 2025, net income was $34.5 million, a 12% increase quarter-over-quarter and a 42% increase year-over-year[1][2] - For the full year 2025, net income totaled $61.6 million, or $0.49 per diluted common share, with notable items adjusted net income at $113.3 million, up 10% from 2024[3] - For the three months ended December 31, 2025, net income increased by 12% to $34,466,000 compared to $30,776,000 for the previous quarter[32] - The diluted earnings per common share for the same period rose to $0.27, up from $0.24 in the prior quarter, reflecting a 12% increase[34] - Net income excluding notable items for Q4 2025 was $34,477 thousand, compared to $31,526 thousand in Q3 2025 and $24,039 thousand in Q4 2024, representing a 43.4% increase year-over-year[56] Income and Revenue - Net interest income for Q4 2025 was $127.4 million, a 1% increase from Q3 2025, with a net interest margin of 2.90%, up 40 basis points year-over-year[6][7] - Noninterest income for Q4 2025 was $18.4 million, a 19% increase from Q3 2025, driven by growth in customer-level swap fees and service fees[8] - Total revenue for the twelve months ended December 31, 2025, was $498,702 thousand, a 5.0% increase from $474,928 thousand for the same period in 2024[55] - Total noninterest income increased by 19% to $18,351,000 compared to $15,385,000 in the previous quarter[32] - Noninterest income for Q4 2025 was $18,351 thousand, up from $15,385 thousand in Q3 2025 and $15,881 thousand in Q4 2024, marking a 15.5% increase year-over-year[56] Assets and Loans - Total assets as of December 31, 2025, were $18.53 billion, up from $17.05 billion year-over-year[11] - Gross loans totaled $14.79 billion, an 8% increase year-over-year, with significant growth in residential mortgage loans[12] - Total assets reached $18.53 billion, reflecting a 9% increase from $17.05 billion at December 31, 2024[30] - Gross loans, including loans held for sale, increased by 1% to $14.79 billion compared to $14.62 billion at September 30, 2025[30] - Loans held for sale surged by 162% to $86,905 thousand compared to the previous quarter[40] Deposits and Equity - Total deposits were $15.60 billion, a 9% increase year-over-year, despite a 1% decrease quarter-over-quarter[13] - Total deposits amounted to $15,603,143 thousand, an increase of 9% year-over-year[40] - Total stockholders' equity increased by 1% to $2.28 billion compared to $2.26 billion at September 30, 2025[21] - Stockholders' equity rose to $2,283,268 thousand, a 5% increase from the previous year[42] Credit Quality - Criticized loans decreased by $21.8 million, or 6%, quarter-over-quarter, and by $98.9 million, or 22%, year-over-year[15] - The allowance for credit losses was $156.7 million, with a coverage ratio of 1.07% of loans receivable as of December 31, 2025[18][19] - The provision for credit losses for Q4 2025 was $7.2 million, down from $8.7 million in Q3 2025, reflecting lower net charge-offs[19] - Total nonperforming assets increased to $136,055 million as of December 31, 2025, compared to $112,159 million in the previous quarter, reflecting a rise of 21.3%[46] - The ratio of nonperforming assets to total assets was 0.73% as of December 31, 2025, up from 0.61% in the previous quarter[46] Capital Ratios - As of December 31, 2025, the Common Equity Tier 1 Capital Ratio was 12.27%, exceeding the minimum guideline of 6.50% for "well-capitalized" institutions[21] - The TCE ratio improved to 9.76% at December 31, 2025, up 12 basis points from 9.64% at September 30, 2025[21] - The common equity tier 1 ratio decreased to 12.27%, down from 13.06% a year ago[42] - The leverage ratio stood at 11.05%, down from 11.83% a year ago[42] Operational Efficiency - The efficiency ratio for the quarter was 68.22%, slightly improved from 68.24% in the prior quarter[34] - The efficiency ratio excluding notable items for Q4 2025 was 68.16%, slightly higher than 67.56% in Q3 2025 and 65.81% in Q4 2024[56] Future Outlook - The investor conference call to discuss the fourth quarter and full year results is scheduled for January 27, 2026[23]