Net interest income recovered to $124.1 million in 2026Q1, though profitability remains constrained by a stagnant net interest margin of 0.7%.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 |
|---|
| Net Interest Income | 495.64M | 472.4M | 427.85M | 525.86M | 578.42M | 512.77M | 467.5M | 466.6M | 487.93M | 481.38M | 363.36M | 273.04M | 266.6M | 253.06M | 238.24M | 129.82M | 108.38M | 92.35M | 96.22M | 97.2M | 94.61M | 79.57M | 58.81M | 45.49M | 35.11M | 30.89M | 27.45M | 17.34M |
| NII Growth % | 79.65% | 10.41% | -18.64% | -9.09% | 12.8% | 9.68% | 0.19% | -4.37% | 1.36% | 32.48% | 33.08% | 2.42% | 5.35% | 6.22% | 83.52% | 19.78% | 17.37% | -4.03% | -1.01% | 2.74% | 18.9% | 35.3% | 29.28% | 29.58% | 13.65% | 12.52% | 58.35% | - |
| Net Interest Margin % | 2.66% | 2.55% | 2.51% | 2.75% | 3.02% | 2.87% | 2.73% | 2.98% | 3.19% | 3.39% | 2.7% | 3.45% | 3.73% | 3.91% | 4.22% | 2.51% | 3.66% | 2.86% | 3.6% | 4.01% | 4.62% | 4.48% | 3.9% | 3.61% | 3.59% | 4.55% | 4.56% | 4.83% |
| Interest Income | 954.3M | 941.33M | 953.98M | 1.05B | 716.12M | 566.53M | 598.88M | 684.79M | 650.17M | 572.1M | 421.93M | 313.66M | 302.66M | 283.07M | 267.88M | 161.9M | 150.44M | 158.04M | 166.93M | 175.77M | 155.83M | 116.51M | 77.07M | 61.42M | 48.57M | 47.86M | 41.36M | 25.22M |
| Interest Expense | 458.67M | 468.93M | 526.13M | 523.02M | 137.69M | 53.76M | 131.38M | 218.19M | 162.25M | 90.72M | 58.58M | 40.62M | 36.06M | 30.02M | 29.65M | 32.08M | 42.05M | 65.7M | 70.71M | 78.57M | 61.22M | 37.65M | 18.69M | 15.93M | 13.46M | 16.97M | 14.15M | 7.92M |
| Loan Loss Provision | 32.36M | 28.51M | 17.28M | 31.59M | 9.85M | -12.2M | 95M | 7.3M | 14.9M | 17.36M | 9M | 8M | 12.64M | 20M | 19.1M | 27.94M | 84.63M | 61.02M | 48.83M | 7.53M | 3.75M | 5.43M | 3.9M | 5.25M | 2.79M | 750K | -1.1M | 3.4M |
| Non-Interest Income | 27.28M | 26.47M | 46.07M | 45.58M | 51.4M | 43.59M | 46.62M | 44.71M | 57.32M | 65.83M | 48.87M | 41.77M | 37.31M | 36.85M | 30.38M | 19.34M | 19.7M | 18.47M | 15.71M | 22.57M | 19.27M | 20.91M | 23.33M | 20.08M | 17.19M | 15.32M | 13.76M | 8.06M |
| Non-Interest Income % | 2.78% | 2.73% | 4.61% | 4.16% | 6.7% | 7.15% | 7.22% | 6.13% | 8.1% | 10.32% | 10.38% | 11.75% | 10.97% | 11.52% | 10.19% | 10.67% | 11.58% | 10.46% | 8.6% | 11.38% | 11% | 15.21% | 23.23% | 24.64% | 26.14% | 24.25% | 24.96% | 24.22% |
| Total Revenue | 981.58M | 967.79M | 1B | 1.09B | 767.51M | 610.13M | 645.49M | 729.49M | 707.49M | 637.94M | 470.8M | 355.43M | 339.97M | 319.92M | 298.26M | 181.24M | 170.14M | 176.51M | 182.63M | 198.35M | 175.1M | 137.42M | 100.4M | 81.51M | 65.76M | 63.18M | 55.12M | 33.28M |
| Revenue Growth % | 7.08% | -3.23% | -8.63% | 42.6% | 25.8% | -5.48% | -11.52% | 3.11% | 10.9% | 35.5% | 32.46% | 4.55% | 6.27% | 7.26% | 64.57% | 6.52% | -3.61% | -3.35% | -7.92% | 13.28% | 27.42% | 36.87% | 23.18% | 23.95% | 4.08% | 14.63% | 65.62% | - |
| Non-Interest Expense | 399.75M | 389.62M | 323.68M | 361.96M | 323.92M | 293.29M | 276.82M | 277.65M | 274.86M | 266.02M | 212.02M | 151.46M | 144.75M | 135.75M | 111.88M | 78.44M | 58.59M | 61.71M | 58.72M | 56.45M | 53.93M | 48.67M | 44.57M | 38.17M | 34.31M | 28.36M | 24.83M | 16.34M |
| Efficiency Ratio | 40.72% | 40.26% | 32.37% | 33.07% | 42.2% | 48.07% | 42.89% | 38.06% | 38.85% | 41.7% | 45.03% | 42.61% | 42.58% | 42.43% | 37.51% | 43.28% | 34.44% | 34.96% | 32.15% | 28.46% | 30.8% | 35.42% | 44.4% | 46.83% | 52.18% | 44.89% | 45.05% | 49.09% |
| Operating Income | 90.81M | 80.73M | 132.96M | 177.89M | 296.05M | 275.27M | 142.29M | 226.35M | 255.48M | 263.83M | 191.2M | 155.35M | 146.52M | 134.15M | 137.63M | 42.77M | -15.14M | -11.92M | 4.38M | 55.8M | 56.2M | 45.67M | 33.24M | 22.15M | 15.19M | 17.1M | 17.24M | 5.63M |
| Operating Margin % | 9.25% | 8.34% | 13.3% | 16.25% | 38.57% | 45.12% | 22.04% | 31.03% | 36.11% | 41.36% | 40.61% | 43.71% | 43.1% | 41.93% | 46.14% | 23.6% | -8.9% | -6.75% | 2.4% | 28.13% | 32.1% | 33.23% | 33.11% | 27.18% | 23.11% | 27.06% | 31.28% | 16.91% |
| Operating Income Growth % | - | -39.28% | -25.25% | -39.91% | 7.55% | 93.46% | -37.14% | -11.4% | -3.17% | 37.99% | 23.08% | 6.02% | 9.22% | -2.53% | 221.76% | 382.55% | -26.98% | -372.19% | -92.15% | -0.72% | 23.07% | 37.39% | 50.05% | 45.79% | -11.15% | -0.82% | 206.29% | - |
| Pretax Income | 83.61M | 73.53M | 132.96M | 177.89M | 296.05M | 275.27M | 142.29M | 226.35M | 255.48M | 263.83M | 191.2M | 155.35M | 146.52M | 134.15M | 137.63M | 42.77M | -15.14M | -11.92M | 4.38M | 55.8M | 56.2M | 45.67M | 33.24M | 22.15M | 15.19M | 17.1M | 17.24M | 5.63M |
| Pretax Margin % | 8.52% | 7.6% | 13.3% | 16.25% | 38.57% | 45.12% | 22.04% | 31.03% | 36.11% | 41.36% | 40.61% | 43.71% | 43.1% | 41.93% | 46.14% | 23.6% | -8.9% | -6.75% | 2.4% | 28.13% | 32.1% | 33.23% | 33.11% | 27.18% | 23.11% | 27.06% | 31.28% | 16.91% |
| Income Tax | 16.64M | 15.01M | 33.33M | 44.21M | 77.77M | 70.7M | 30.78M | 55.31M | 65.89M | 124.39M | 77.45M | 63.09M | 57.91M | 52.4M | 54.41M | 15.66M | -7.9M | -6.2M | 1.63M | 22.6M | 22.4M | 18.81M | 13.46M | 8.43M | 5.54M | 6.32M | 6.78M | 1.66M |
| Effective Tax Rate % | 19.9% | 20.41% | 25.07% | 24.86% | 26.27% | 25.68% | 21.63% | 24.44% | 25.79% | 47.15% | 40.51% | 40.61% | 39.52% | 39.06% | 39.53% | 36.61% | 52.18% | 52% | 37.1% | 40.5% | 39.85% | 41.19% | 40.49% | 38.03% | 36.44% | 36.94% | 39.35% | 29.44% |
| Net Income | 66.97M | 58.52M | 99.63M | 133.67M | 218.28M | 204.57M | 111.52M | 171.04M | 189.59M | 139.44M | 113.75M | 92.26M | 88.61M | 81.75M | 83.22M | 27.11M | -7.24M | -5.72M | 2.75M | 33.2M | 33.81M | 26.86M | 19.78M | 13.73M | 13.85M | 10.78M | 10.46M | 3.97M |
| Net Margin % | 6.82% | 6.05% | 9.96% | 12.21% | 28.44% | 33.53% | 17.28% | 23.45% | 26.8% | 21.86% | 24.16% | 25.96% | 26.07% | 25.55% | 27.9% | 14.96% | -4.25% | -3.24% | 1.51% | 16.74% | 19.31% | 19.54% | 19.7% | 16.84% | 21.06% | 17.07% | 18.97% | 11.93% |
| Net Income Growth % | -29.4% | -41.26% | -25.47% | -38.76% | 6.7% | 83.45% | -34.8% | -9.78% | 35.96% | 22.59% | 23.29% | 4.11% | 8.39% | -1.76% | 206.93% | 474.57% | -26.49% | -307.73% | -91.7% | -1.8% | 25.87% | 35.76% | 44.1% | -0.89% | 28.44% | 3.13% | 163.28% | - |
| Net Income (Continuing) | 66.97M | 58.52M | 99.63M | 133.67M | 218.28M | 204.57M | 111.52M | 171.04M | 189.59M | 139.44M | 113.75M | 92.26M | 88.61M | 81.75M | 83.22M | 27.11M | -7.24M | -5.72M | 2.75M | 33.2M | 33.81M | 26.86M | 19.78M | 13.73M | 9.66M | 10.78M | 10.46M | 3.97M |
| EPS (Diluted) | 0.52 | 0.46 | 0.82 | 1.11 | 1.81 | 1.66 | 0.90 | 1.35 | 1.44 | 1.03 | 1.10 | 1.16 | 1.11 | 1.05 | 0.99 | 0.53 | -0.35 | -0.35 | 0.09 | 1.25 | 1.28 | 1.07 | 0.80 | 0.59 | 0.60 | 0.46 | 0.51 | 0.20 |
| EPS Growth % | -33.33% | -43.9% | -26.13% | -38.67% | 9.04% | 84.44% | -33.33% | -6.25% | 39.81% | -6.36% | -5.17% | 4.5% | 5.71% | 6.06% | 86.79% | 251.43% | 0% | -488.89% | -92.8% | -2.34% | 19.63% | 33.75% | 35.59% | -1.67% | 30.43% | -9.8% | 155% | - |
| EPS (Basic) | - | 0.46 | 0.83 | 1.11 | 1.82 | 1.67 | 0.90 | 1.35 | 1.44 | 1.03 | 1.10 | 1.16 | 1.11 | 1.06 | 0.99 | 0.53 | -0.35 | -0.35 | 0.09 | 1.27 | 1.31 | 1.11 | 0.85 | 0.59 | 0.63 | 0.49 | 0.54 | 0.21 |
| Diluted Shares Outstanding | 128.72M | 128.77M | 121.11M | 120.39M | 120.47M | 123.13M | 123.89M | 126.88M | 131.95M | 135.69M | 103.53M | 79.61M | 79.61M | 79.26M | 78.09M | 42.21M | 28.36M | 28.36M | 26.42M | 26.5M | 26.41M | 25.1M | 24.73M | 23.27M | 23.09M | 23.32M | 20.5M | 19.86M |
CRE concentration and NIM
According to the provided quarterly data, Hope Bancorp's net interest income has shown a notable recovery, climbing to $124.1 million in 2026Q1 from a low of $100.8 million in 2025Q1, suggesting that the bank is successfully navigating the current interest rate environment through active balance sheet management.
The recent rebound in NII growth, reaching 23.1% in 2026Q1, indicates that the bank may be benefiting from repricing assets faster than its deposit base. Investors should monitor whether this trajectory is sustainable or if it remains vulnerable to further deposit beta expansion as competition for community-based funding intensifies.
As reported in financial statements, the bank's net interest margin has remained stagnant at 0.7% through early 2026, reflecting a persistent inability to expand spreads despite the broader interest rate environment, which warrants further investigation into the bank's structural funding costs and asset yield limitations.
The lack of meaningful NIM expansion suggests that the bank's cost of funds is likely tracking closely with asset yields, potentially due to the high-touch nature of its deposit gathering. This compression limits the bank's ability to generate significant operating leverage from its existing interest-earning asset base.
Based on the bank's reported figures, the efficiency ratio has stabilized around 38.1% as of 2026Q1, demonstrating that management has successfully contained non-interest expenses despite the volatility in revenue streams observed over the previous ten quarters, which suggests a disciplined approach to managing the bank's fixed cost base.
Maintaining an efficiency ratio below 40% in a challenging revenue environment implies that the bank is effectively leveraging its specialized bilingual staff and branch network. However, investors should remain cautious, as any further contraction in revenue could quickly pressure this ratio if fixed costs remain rigid.
Data from recent filings indicates that provision expense for loan losses has fluctuated significantly, peaking at $15.0 million in 2025Q2 before moderating to $8.7 million in 2026Q1, which may indicate that the bank is proactively adjusting its reserves to account for potential credit deterioration within its CRE portfolio.
The variability in provision expenses suggests that the bank's credit quality is sensitive to the underlying health of its small business borrowers. Analysts should closely monitor the relationship between these provisions and the bank's concentration in commercial real estate, as any further economic softening could necessitate more aggressive reserve builds.
As noted in the financial data, the bank's heavy reliance on commercial real estate lending, combined with the negative revenue growth observed in several recent periods, suggests that the bank's earnings quality may be more fragile than its low debt-to-equity ratio would otherwise imply to market participants.
The bank's exposure to specific retail segments like dry cleaners and gas stations creates a unique risk profile that may not be fully captured by broad macroeconomic indicators. Investors should consider whether the current valuation adequately reflects the potential for credit losses if these specific small business segments face sustained debt-service coverage challenges.
Quick answers to the most common questions about buying HOPE stock.
Hope Bancorp, Inc. (HOPE) is profitable, generating $58.5M in net income for the fiscal year ending 2025 with a net profit margin of 6.0%.
Hope Bancorp, Inc. (HOPE) reported an operating income of $80.7M, resulting in an operating profit margin of 8.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Hope Bancorp, Inc. (HOPE) generated $470.4M in gross profit for the year, representing a gross profit margin of 48.6%. This demonstrates the company's core pricing power and production efficiency.