Hope Bancorp Q2 2026: $33.0M net income vs -$24.8M loss a year ago; margin expands 27bp to 2.96%

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 8, 2025 · ~2 min read

Key Changes

• high

  Net income of $33.0 million ($0.26 per diluted share) in Q2 2026, up $57.8 million from a $24.8 million net loss in Q2 2025, driven by the absence of prior-year one-time charges ($30.5M securities repositioning loss, $17.1M merger costs, $4.9M California tax law change) and underlying operational improvements.

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

  Net interest margin expanded 27 basis points year-over-year to 2.96%, as deposit costs fell 36bp to 2.60% (reflecting 75bp in Fed rate cuts and lower-cost Territorial deposits) while loan yields declined only 15bp to 5.73%.

  MD&A: Net Interest Margin verify on EDGAR →
• high

  Of loans modified in the trailing 12 months, $14.2 million (28% of the $51M total) is on nonaccrual status at June 30, 2026; the company granted $25.3 million in payment-delay modifications to C&I borrowers experiencing financial difficulty in the first half of 2026.

  Notes: Loan Modifications verify on EDGAR →