Hope Bancorp (HOPE) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Hope Bancorp reported a revenue of $118.02 million for the quarter ended December 2024, reflecting a 12.7% decrease year-over-year [1] - The company's EPS was $0.20, down from $0.32 in the same quarter last year, with a surprise of +5.26% compared to the consensus estimate of $0.19 [1] - The stock has returned -1.5% over the past month, underperforming the Zacks S&P 500 composite's +1.1% change, and currently holds a Zacks Rank 4 (Sell) [3] Financial Metrics - Efficiency Ratio was reported at 65.8%, slightly above the estimated 65.6% [4] - Net Interest Margin was 2.5%, below the estimated 2.6% [4] - Net charge-offs to average loans were 0.4%, higher than the estimated 0.2% [4] - Average Balance of Total interest-earning assets was $16.27 billion, below the estimated $16.50 billion [4] - Net Interest Income was $102.14 million, compared to the estimated $109.26 million [4] - Net gains on sales of SBA loans were $3.06 million, exceeding the estimated $2.91 million [4] - Total noninterest income was $15.88 million, surpassing the average estimate of $12.74 million [4] - Service fees on deposit accounts were $2.81 million, slightly below the estimated $2.85 million [4]