Hope Bancorp, Inc. (HOPE), Monday reported net income of $24.34 million, or $0.20 per share for the fourth quarter, lower than $26.48 million or $0.22 per share in the comparable quarter last year.
On average, 4 analysts expected the company to report earnings of $0.20 per share. Analysts' estimates typically exclude special items.
Net interest income decreased to $102.14 million from $125.92 million a year ago.
For the fourth quarter, the company recorded a provision for credit losses of $10 million, higher than $2.4 million last year.
The company said that its Board has declared a quarterly dividend of $0.14 per share payable by February 20, to stockholders of record on February 6.
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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.