Bank of Hope

Hope Bancorp Reports 2023 Fourth Quarter and Full-Year Financial Results

Retrieved on:

Tuesday, January 30, 2024

Banking, Professional Services, Finance, Bank holding company, Growth, SBA, GAAP, HOPE, FDIC, Federal Deposit Insurance Corporation, CRA, Bank of Hope, Bank

Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and full year ended December 31, 2023.

Key Points:

Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its fourth quarter and full year ended December 31, 2023.
“The 2023 fourth quarter was an important building quarter for the Company with the announcement of our strategic reorganization in October.
Fourth quarter 2023 net interest margin contracted 13 basis points to 2.70%, from 2.83% in the 2023 third quarter.
Excluding these notable items, fourth quarter 2023 noninterest expense(2) was $84.8 million, down 2% from $86.4 million (excluding $500,000, pre-tax, of restructuring charges) in the 2023 third quarter.

Bank of Hope Celebrates 3rd Year of LPGA Match-Play Sponsorship with Signature "Guess the Winner" Sweepstakes

Retrieved on:

Friday, May 5, 2023

Bank of Hope, the largest and most established Korean American bank in the United States, today announced the return of its signature “Guess the Winner” Sweepstakes to celebrate the 3rd year of its title sponsorship of the Bank of Hope LPGA Match-Play presented by MGM Rewards, held May 24-28, 2023, in Las Vegas.

Key Points:

Bank of Hope, the largest and most established Korean American bank in the United States, today announced the return of its signature “Guess the Winner” Sweepstakes to celebrate the 3rd year of its title sponsorship of the Bank of Hope LPGA Match-Play presented by MGM Rewards, held May 24-28, 2023, in Las Vegas.
Bank of Hope has been a proud supporter of the Ladies Professional Golf Association (“LPGA”) since 2017, recognizing the passion, commitment, and excellence of the incredible women in professional sports.
Sweepstakes’ entrants must be 21 years of age or older at the time of entry to be eligible.
For the Official Rules of this sweepstakes, please visit the sweepstakes website.

Hope Bancorp Appoints Julianna Balicka Chief Financial Officer

Retrieved on:

Monday, April 17, 2023

Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced the appointment of Julianna Balicka as Executive Vice President and Chief Financial Officer of the Company and Bank, effective immediately.

Key Points:

Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced the appointment of Julianna Balicka as Executive Vice President and Chief Financial Officer of the Company and Bank, effective immediately.
David P. Malone, who stepped in as Interim Chief Financial Officer since January 6, 2023, has agreed to stay on through April 30, 2023, to assist in the transition process.
“On behalf of the Board, I thank Dave for his seamless leadership of all CFO-related responsibilities during our search for a permanent Chief Financial Officer,” said Kevin S. Kim, Chairman, President and Chief Executive Officer.
Balicka is a graduate of the Huntsman Program in International Studies & Business at the University of Pennsylvania, where she earned her B.S.

Hope Bancorp Announces Resignation of Chief Financial Officer

Retrieved on:

Friday, January 6, 2023

Banking, Professional Services, Finance, Bank of Hope, Bank, Knowledge, Interim, Community Bank, Malone, Treasury, Bank holding company, HOPE, Senior, California State University, Management

Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced that Alex Ko has resigned from his position as Senior Executive Vice President and Chief Financial Officer of the Company and Bank, effective January 6, 2023, in order to pursue other opportunities.

Key Points:

Hope Bancorp, Inc. (NASDAQ: HOPE) (the “Company”), the holding company of Bank of Hope (the “Bank”), today announced that Alex Ko has resigned from his position as Senior Executive Vice President and Chief Financial Officer of the Company and Bank, effective January 6, 2023, in order to pursue other opportunities.
A formal search has been initiated and until such time when a new Chief Financial Officer is appointed, the Company announced that David P. Malone will step in and serve as Interim Chief Financial Officer.
“On behalf of the Board, I thank Alex for his leadership and contributions to date and wish him success in his future endeavors,” said Kevin S. Kim, Chairman, President and Chief Executive Officer.
Prior to joining the Company, he was most widely known for his 15-year tenure at Community Bank in Pasadena, California, where he served various capacities, including Chairman of the Board, President, Chief Executive Officer and Chief Financial Officer.

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Retrieved on:

Monday, October 24, 2022

Banking, Professional Services, Finance, Investor relations, NASDAQ, Korean Americans, Bank, Equal housing lender, Company, HOPE, Board, Bank of Hope, SBA, Board of directors, FDIC, Bank holding company, Financial services

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share.

Key Points:

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share.
Investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international) and asking for the Hope Bancorp Call.
A presentation to accompany the earnings call will be available at the Investor Relations section of Hope Bancorps website at www.ir-hopebancorp.com .
After the live webcast, a replay will remain available at the Investor Relations section of Hope Bancorps website for one year.

Hope Bancorp to Report 2022 Third Quarter Financial Results on Monday, October 24, 2022

Retrieved on:

Tuesday, October 11, 2022

Banking, Professional Services, Finance, Investor relations, NASDAQ, Korean Americans, Bank, Equal housing lender, HOPE, Bank of Hope, SBA, FDIC, Bank holding company, Financial services, Hope

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 third quarter after the markets close on Monday, October 24, 2022.

Key Points:

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 third quarter after the markets close on Monday, October 24, 2022.
A conference call to discuss 2022 third quarter financial results will be held on Tuesday, October 25, 2022 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.
A presentation deck to accompany the earnings call will be available at the Investor Relations section of Hope Bancorps website at www.ir-hopebancorp.com .
Institutional investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international), and asking for the Hope Bancorp Call.

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Retrieved on:

Tuesday, July 19, 2022

Banking, Professional Services, Finance, FDIC, Investor relations, Bank holding company, Bank of Hope, HOPE, Korean Americans, Bank, Board, NASDAQ, Equal housing lender, Company, Board of directors, SBA, Financial services

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share.

Key Points:

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share.
Investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international) and asking for the Hope Bancorp Call.
A presentation to accompany the earnings call will be available at the Investor Relations section of Hope Bancorps website at www.ir-hopebancorp.com .
After the live webcast, a replay will remain available at the Investor Relations section of Hope Bancorps website for one year.

Hope Bancorp to Report 2022 Second Quarter Financial Results on Tuesday, July 19, 2022

Retrieved on:

Tuesday, July 5, 2022

Small Business, Banking, Professional Services, Finance, Bank holding company, Equal housing lender, Bank, Bank of Hope, SBA, Korean Americans, Business, FDIC, Investor relations, NASDAQ, HOPE, Financial services, Hope

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 second quarter after the markets close on Tuesday, July 19, 2022.

Key Points:

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that the company will report financial results for its 2022 second quarter after the markets close on Tuesday, July 19, 2022.
A conference call to discuss 2022 second quarter financial results will be held on Wednesday, July 20, 2022 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.
A presentation deck to accompany the earnings call will be available at the Investor Relations section of Hope Bancorps website at www.ir-hopebancorp.com .
Institutional investors and analysts are invited to access the conference call by dialing 866-235-9917 (domestic) or 412-902-4103 (international), and asking for the Hope Bancorp Call.

Signature Bank Appoints Corporate Mortgage Finance Group

Retrieved on:

Thursday, June 2, 2022

Residential Building & Real Estate, Commercial Building & Real Estate, Security, Construction & Property, Data Management, Technology, Finance, Consulting, Small Business, Banking, Professional Services, REIT, Software, Internet, Other Construction & Property, FDIC, Time, Office of the Supervising Architect for the U.S. Treasury, Bank, Group, Sentinel Management Group, Sale, Treasury, Unitary state, COVID-19, Federal Reserve Board of Governors, CMB, Signature Bank, Forward-looking statement, Solution, Wachovia, Wells Fargo, Castner, BankUnited, Associated Banc-Corp, Industry, Government, EverBank, CMF, Structure of the Federal Reserve System, Ally Financial, Credit Suisse, State Street Bank & Trust Co. v. Signature Financial Group, Inc., Credit Suisse First Boston, Business development, Senior, Prosperity Bancshares, Federal Reserve, JPMorgan Chase, Private Securities Litigation Reform Act, LLC, Environment, Treasury management, Growth, Bank of Hope, UBS, Financial services, Board, Safety, Real estate, Management

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of its Corporate Mortgage Finance (CMF) Group.

Key Points:

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of its Corporate Mortgage Finance (CMF) Group.
and Wells Fargo Securities, LLC (including time at predecessor Wachovia Bank) as Managing Director of the Mortgage Banker Finance Group, which he founded and headed.
During his career, he also founded and led four successful mortgage finance groups for other large institutions and was a founding shareholder of a community bank, also engaged in mortgage finance.
Kucsma spent 21 years at Wells Fargo Bank (and predecessor Wachovia Bank) in Charlotte, N.C., most recently as Director, Warehouse Lending Operations and Transactional Due Diligence within their Asset Backed Finance and Mortgage Banker Finance Group.

Bank of Hope Celebrates 2nd Year of LPGA Match-Play Sponsorship with Signature "Guess the Winner" Sweepstakes

Retrieved on:

Tuesday, May 10, 2022

Bank of Hope, the first and only super regional Korean American bank in the United States, today announced its signature Guess the Winner Sweepstakes to celebrate the 2nd year of its title sponsorship of the Bank of Hope LPGA Match-Play presented by MGM Rewards, held May 25-29, 2022 in Las Vegas.

Key Points:

Bank of Hope, the first and only super regional Korean American bank in the United States, today announced its signature Guess the Winner Sweepstakes to celebrate the 2nd year of its title sponsorship of the Bank of Hope LPGA Match-Play presented by MGM Rewards, held May 25-29, 2022 in Las Vegas.
Bank of Hope has been a proud supporter of the Ladies Professional Golf Association (LPGA), recognizing the passion, commitment, and excellence of the incredible women in professional sports.
As the proud title sponsor of LPGA Match-Play competition, were saluting the talents of todays professional women golfers with our exciting sweepstakes, said Kevin S. Kim, Chairman, President and Chief Executive Officer of Bank of Hope.
Bank of Hope is a diversified financial institution with a comprehensive offering of commercial, corporate and consumer products and services.