Hope Bancorp Q1 profit jumps 40% on margin expansion, Hawaii integration; credit costs rise

Filed May 6, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~1 min read

Key Changes

• high

  Net income rose 40% YoY to $29.5M ($0.23/share) as net interest margin expanded 36 basis points to 2.90%, driven by 77bp drop in deposit costs and integration of lower-cost Territorial deposits.

  MD&A: Net Income & NIM verify on EDGAR →
• high

  Provision for credit losses nearly doubled to $8.7M from $4.8M, primarily on CRE loans, though allowance coverage remains stable at 1.06-1.11% of total loans.

  MD&A: Credit Provisions verify on EDGAR →
• medium

  Renewable energy tax credits surged to $8.1M from $350K as the company expanded its renewable investment program, lowering effective tax rate to 22.10% from 24.24%.

  MD&A: Tax Credits verify on EDGAR →