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Hope Bancorp (HOPE) Reports Q2 Earnings: What Key Metrics Have to Say
Hope BancorpHope Bancorp(US:HOPE) ZACKSยท2025-07-22 14:30

Core Insights - Hope Bancorp reported revenue of $133.43 million for the quarter ended June 2025, marking a year-over-year increase of 14.1% [1] - The EPS for the same period was $0.19, down from $0.22 a year ago, indicating a decline [1] - The reported revenue exceeded the Zacks Consensus Estimate of $126.92 million by 5.13%, while the EPS fell short of the consensus estimate of $0.21 by 9.52% [1] Financial Metrics - Efficiency Ratio stood at 115.8%, significantly higher than the average estimate of 70.2% based on two analysts [4] - Net Interest Margin was reported at 2.7%, above the average estimate of 2.5% from two analysts [4] - Net charge-offs to average loans were 0.3%, compared to the average estimate of 0.1% [4] - Net Interest Income (before provision) was $117.53 million, exceeding the average estimate of $113.4 million [4] - Total noninterest income reached $15.9 million, surpassing the average estimate of $13.18 million [4] - Net gains on sales of SBA loans were $4 million, compared to the estimated $3.08 million [4] Stock Performance - Shares of Hope Bancorp have returned +8.4% over the past month, outperforming the Zacks S&P 500 composite's +5.9% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]