Hope Bancorp's stock surged 5.74% in pre-market trading on Tuesday, following the release of its fourth-quarter financial results and a dividend declaration.
The company reported adjusted earnings per share of $0.27, beating the analyst consensus estimate of $0.26, and revenue of $145.8 million, also above expectations. Net income rose 42% year-over-year to $34.5 million, driven by growth in net interest income and improved credit quality, with criticized loans decreasing 6% quarter-over-quarter.
Additionally, Hope Bancorp declared a quarterly cash dividend of $0.14 per common share. The company's recent completion of the Territorial Bancorp acquisition has expanded its footprint into Hawaii, supporting its positive outlook for enhanced financial performance in 2026.