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Hope Bancorp Inc (HOPE.OQ)

HOPE.OQ on NASDAQ Stock Exchange Global Select Market

18.77USD
11:54am EDT
Change (% chg)

$0.09 (+0.48%)
Prev Close
$18.68
Open
$18.75
Day's High
$18.84
Day's Low
$18.70
Volume
41,841
Avg. Vol
225,221
52-wk High
$19.75
52-wk Low
$15.10

Latest Key Developments (Source: Significant Developments)

Hope Bancorp prices $200 mln convertible notes offering
Tuesday, 8 May 2018 08:55pm EDT 

May 8 (Reuters) - Hope Bancorp Inc ::HOPE BANCORP PRICES $200 MILLION CONVERTIBLE NOTES OFFERING.ANNOUNCED PRICING OF $200 MILLION AGGREGATE PRINCIPAL AMOUNT OF 2.00% CONVERTIBLE SENIOR NOTES DUE 2038.HOPE BANCORP- INITIAL CONVERSION RATE FOR NOTES IS 45.08 SHARES OF CO'S STOCK PER $1,000 PRINCIPAL AMOUNT OF NOTES.HOPE BANCORP- INITIAL CONVERSION RATE FOR NOTES IS EQUIVALENT TO INITIAL CONVERSION PRICE OF $22.18/SHARE.  Full Article

Hope Bancorp posts Q3 earnings per share $0.33
Tuesday, 24 Oct 2017 05:02pm EDT 

Oct 24 (Reuters) - Hope Bancorp Inc :Hope Bancorp reports record net income of $44.6 million, or $0.33 EPS, for 2017 third quarter.Q3 earnings per share $0.33.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Hope Bancorp Inc - qtrly ‍net interest income after provision for loan losses $117.9 million versus $97 million​.  Full Article

Hope Bancorp will terminate proposed merger with U & I Financial
Friday, 15 Sep 2017 08:00am EDT 

Sept 15 (Reuters) - Hope Bancorp Inc :Hope Bancorp announces mutual termination of proposed U & I Financial merger.Hope Bancorp Inc - ‍announced that it has entered into a Mutual Termination Agreement with U & I Financial Corp, holding company for UniBank​.Hope Bancorp Inc - ‍ regulatory approvals required to complete merger will not be obtained prior to termination deadline of September 23, 2017​.Hope Bancorp Inc - ‍in connection with termination, parties have provided mutual releases from any claims of liability to one another relating to merger.Hope Bancorp - ‍mutual termination deal provides each party will bear own cost, expenses, without penalties or termination fees​.  Full Article

Hope Bancorp says CFO Douglas J. Goddard to retire
Tuesday, 5 Sep 2017 05:00pm EDT 

Sept 5 (Reuters) - Hope Bancorp Inc :Hope Bancorp announces retirement and appointment of chief financial officer.Says CFO Douglas J. Goddard to retire.Hope Bancorp - ‍Alex Ko, currently executive vice president and CFO of the bank, will assume same position at company following Goddard's retirement​.Hope Bancorp Inc - ‍Douglas J. Goddard's retirement as CFO is effective October 2, 2017​.  Full Article

Hope Bancorp increases quarterly cash dividend
Tuesday, 18 Jul 2017 04:30pm EDT 

July 18 (Reuters) - Hope Bancorp Inc :Hope Bancorp increases quarterly cash dividend to $0.13 per share.Sets quarterly cash dividend of $0.13per share.Hope Bancorp Inc - board of directors approved an 8% increase in quarterly cash dividend to $0.13 per common share from $0.12 per common share.Hope Bancorp Inc - board of directors approved an 8 percent increase in quarterly cash dividend to $0.13 per common share from $0.12 per common share.  Full Article

Hope Bancorp Q1 earnings per share $0.27
Thursday, 27 Apr 2017 11:00pm EDT 

April 27 (Reuters) - Hope Bancorp Inc :Hope Bancorp reports 2017 first quarter financial results.Q1 earnings per share $0.27.Q1 core earnings per share $0.28 excluding items.Qtrly net interest income before provision for loan losses $114 million versus $71 million.  Full Article

Hope Bancorp files for non-timely 10-k - SEC filing
Thursday, 2 Mar 2017 05:35pm EST 

Hope Bancorp Inc : Hope Bancorp Inc files for non-timely 10-k - Sec Filing .Hope Bancorp Inc says company has identified material weaknesses in its internal control over financial reporting - sec filing.  Full Article

BBCN and Wilshire complete merger
Friday, 29 Jul 2016 04:05pm EDT 

BBCN Bancorp Inc :BBCN and Wilshire complete merger of equals creating the only super regional Korean-American bank in the U.S..  Full Article

BBCN Bancorp Q2 earnings per share $0.29
Monday, 18 Jul 2016 04:05pm EDT 

Bbcn Bancorp Inc : Says net interest income before provision for loan losses for 2016 q2 totaled $71.1 million, down modestly . Bbcn Bancorp inc says qtrly provision for loans losses $1.2 million versus $500,000 last quarter . Bbcn Bancorp reports solid financial results for 2016 second quarter . Q2 earnings per share $0.29 .Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Hope Bancorp Enters Into Indenture In Connection With Sale Of $200 Mln Convertible Senior Notes Due 2038

* HOPE BANCORP - ENTERED INTO INDENTURE IN CONNECTION WITH SALE OF $200 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 2.00% CONVERTIBLE SENIOR NOTES DUE 2038