Hope Bancorp, Inc. (HOPE), the holding company of Bank of Hope, reported second quarter net income of $25.3 million, down 34% from last year. Earnings per common share was $0.21 compared to $0.32. Excluding notable items, net income per share was $0.22 compared to $0.32. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.22, for the quarter. Analysts' estimates typically exclude special items.
Net interest income after provision was $104.46 million, down 14% from a year ago. Total noninterest income was $11.07 million, down 35%. Analysts on average had estimated $121.27 million in revenue.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.