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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

October 28, 2025
Date of Report (Date of earliest event reported)

HOPE BANCORP INC
(Exact name of registrant as specified in its charter)
Delaware 000-50245 95-4849715
(State of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

3200 Wilshire Boulevard, Suite 1400
Los Angeles, California 90010
(Address of principal executives offices, including zip code)

(213) 639-1700
(Registrant’s telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Common Stock , par value $0.001 per share HOPE NASDAQ Global Select Market
(Title of class) (Trading Symbol) (Name of exchange on which registered)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 2.02 Results of Operations and Financial Condition.

On October 28, 2025, Hope Bancorp, Inc. (“HOPE” or the “Company”) issued a news release concerning its results of operations and financial condition for the third quarter and nine months ended and as of September 30, 2025. A copy of the October 28, 2025, news release is furnished as Exhibit 99.1 and incorporated herein by reference.

Item 7.01. Regulation FD Disclosure

The Company previously announced that it will host an investor conference call on Tuesday, October 28, 2025, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial results for its third quarter ended and as of September 30, 2025. A presentation to accompany the conference call (“Earnings Presentation”), which contains certain historical and forward-looking information relating to the Company, has been made available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com. A copy of the Earnings Presentation is furnished as Exhibit 99.2 and incorporated herein by reference.

The information furnished under Item 2.02, Item 7.01 and exhibits 99.1, and 99.2 under Item 9.01 of this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to liabilities under that Section, nor shall they be deemed incorporated by reference in any registration statement or other filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be set forth as a specific reference in such filing.

Item 8.01 Other Events.

On October 28, 2025, the Company issued a news release announcing that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The cash dividend is payable on or about November 21, 2025, to all stockholders of record as of the close of business on November 7, 2025. A copy of the October 28, 2025, news release is furnished as Exhibit 99.3 and is incorporated herein by reference.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits
Exhibit No. Description of Exhibit
99.1
99.2
99.3
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HOPE BANCORP, INC.
Date: October 28, 2025 By: /s/ Kevin S. Kim
Kevin S. Kim
Chairman, President and Chief Executive Officer



EX-99.1 2 hope-09302025ex991financia.htm EX-99.1 Document

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News Release


HOPE BANCORP REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2025
Net income of $30.8 million, up 28% year-over-year


LOS ANGELES – October 28, 2025 – Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its third quarter ended September 30, 2025.
For the three months ended September 30, 2025, the Company recorded net income of $30.8 million, or $0.24 per diluted common share, up 28% from net income of $24.2 million, or $0.20 per diluted share, for the three months ended September 30, 2024, and up from a net loss of $27.9 million, or $(0.22) per diluted common share, for the three months ended June 30, 2025. The second quarter of 2025 reported loss reflected notable items related to a securities portfolio repositioning, the completion of the Territorial Bancorp Inc. (“Territorial”) acquisition on April 2, 2025, and a change to the California state tax apportionment law.

Excluding notable items(1), net income for the third quarter of 2025 was $31.6 million, or $0.25 per diluted common share, up 26% from $25.2 million year-over-year, and up 29% from $24.5 million for the second quarter of 2025.

“We are pleased to report strong earnings growth for the third quarter of 2025, driven by the momentum that we have been building in our business lines. Net interest income grew a robust 8% quarter-over-quarter, which was our highest linked quarter organic growth in three years,” commented Kevin S. Kim, Chairman, President and Chief Executive Officer. “In addition, positive operating leverage and lower credit costs contributed to the strong earnings growth and improved profitability this quarter.”

“Highlights this quarter included diversified loan growth, lower cost of deposits and improved asset quality with a 10% reduction in criticized loans from June 30, 2025. We have been making sustained investments in talent at Bank of Hope to strengthen our loan production capabilities, and we remain focused on enhancing our deposit mix and reducing our cost of funds. The linked quarter net interest margin expansion of 20 basis points for the third quarter of 2025 was our widest since 2012.”

“Our capital levels are strong, and our liquidity is ample. This quarter reflects progress that we have been making on our strategic priorities to improve our financial performance, laying a strong foundation for the coming years. I want to extend my gratitude to all the bankers at Bank of Hope for their unwavering dedication and commitment to excellence. Their hard work is the driving force behind our continued growth and success, and I am proud of what we are building together as the leading regional bank catering to multicultural customers across the continental United States and Hawaii,” concluded Kim.


(1)    Net income excluding notable items is a non-GAAP financial measure. Notable items in the third quarter of 2025 and in the third quarter of 2024 comprised merger-related expenses. Notable items in the second quarter of 2025 comprised a loss on restructuring of investment securities, merger-related items and an impact of California state tax law change. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 to 12.
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2-2-2    NASDAQ: HOPE
Operating Results for the Third Quarter of 2025
Net interest income and net interest margin. Net interest income before provision for credit losses totaled $126.6 million for the third quarter of 2025, an increase of $9.1 million, or 8%, compared with $117.5 million for the second quarter of 2025. Net interest margin for the third quarter of 2025 expanded by 20 basis points to 2.89%, up from 2.69% for the second quarter of 2025.
The quarter-over-quarter increase in net interest income and expansion in net interest margin were primarily driven by average loan growth, higher yields on earning assets, and a lower cost of interest bearing deposits. Quarter-over-quarter, the yield on average investment securities increased 52 basis points to 3.77% for the third quarter of 2025, reflecting a securities portfolio repositioning executed in the second quarter of 2025. For the third quarter of 2025, the yield on average loans was up five basis points sequentially to 5.93% and the cost of average interest bearing deposits decreased eight basis points sequentially to 3.69%.
Noninterest income. For the third quarter of 2025, noninterest income totaled $15.4 million, compared with $(23.0) million for the second quarter of 2025. Noninterest income for the second quarter of 2025 included a net loss on sales of available-for-sale securities of $38.9 million, pre-tax, related to an investment securities portfolio repositioning executed in June 2025. Excluding the net loss on sales of securities, which the Company considered a notable item, noninterest income(2) for the third quarter of 2025 decreased $515 thousand quarter-over-quarter. Growth in deposit service fees, international service fees, loan-related fees, foreign exchange and wire fees was offset by decreases in customer swap fee income and lower net gains on the sale of SBA loans. The Company sold $48.1 million of SBA loans in the third quarter of 2025, compared with $67.4 million in the second quarter of 2025.

Noninterest expense. Noninterest expense for the third quarter of 2025 totaled $96.9 million, down from noninterest expense of $109.5 million for the second quarter of 2025. Excluding notable items, which consisted of merger-related expenses, noninterest expense(2) for the third quarter of 2025 was $95.9 million, up 4% from $92.2 million for the second quarter of 2025. The quarter-over-quarter change in noninterest expense, excluding notable items(2), was primarily driven by an increase in compensation-related costs, reflecting the Company’s sustained investment in talent to support growth. Revenue growth outpaced expense growth, generating positive operating leverage, and the efficiency ratio, excluding notable items(2), improved quarter-over-quarter to 67.5% for the third quarter of 2025, compared with 69.1% for the second quarter of 2025.

Income tax provision (benefit) and tax rate. For the third quarter of 2025, the Company recorded a provision for income tax of $5.6 million, compared with an income tax benefit of $2.0 million for the second quarter of 2025. For the second quarter of 2025, tax expense and tax rate included the impact of several notable items: a net loss on sales of securities related to an investment securities repositioning, merger-related items, and a change in California’s state tax apportionment law. For the third quarter of 2025, the reported effective tax rate was 15.4%.



(2) Noninterest income excluding notable items, noninterest expense excluding notable items, and efficiency ratio excluding notable items, are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 to 12.
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3-3-3    NASDAQ: HOPE
Balance Sheet Summary
Total assets. At September 30, 2025, total assets totaled $18.51 billion, compared with $18.55 billion as of June 30, 2025.

Loans. At September 30, 2025, gross loans totaled $14.62 billion, up 1.2%, or 4.8% annualized, from $14.45 billion at June 30, 2025. All major loan segments grew in the third quarter of 2025, led by residential mortgage, which increased 4.6% quarter-over-quarter.

The following table sets forth the loan portfolio composition at September 30, 2025, June 30, 2025, and September 30, 2024:

(dollars in thousands) (unaudited) 9/30/2025 6/30/2025 9/30/2024
Balance Percentage Balance Percentage Balance Percentage
Commercial real estate (“CRE”) loans $ 8,418,797  57.6  % $ 8,385,764  58.0  % $ 8,630,757  63.3  %
Commercial and industrial (“C&I”) loans 3,736,497  25.6  % 3,725,295  25.8  % 3,901,368  28.6  %
Residential mortgage and other loans 2,431,605  16.6  % 2,323,728  16.1  % 1,085,863  7.9  %
    Loans receivable 14,586,899  99.8  % 14,434,787  99.9  % 13,617,988  99.8  %
Loans held for sale 33,118  0.2  % 12,051  0.1  % 25,714  0.2  %
Gross loans $ 14,620,017  100.0  % $ 14,446,838  100.0  % $ 13,643,702  100.0  %

Deposits. Total deposits of $15.83 billion at September 30, 2025, decreased 1% from $15.94 billion at June 30, 2025, reflecting a decrease in brokered deposits, partially offset by growth in customer deposit balances. During the third quarter of 2025, brokered deposits decreased $139.5 million, down 18% quarter-over-quarter. Noninterest bearing demand deposits grew 1% quarter-over-quarter.

The following table sets forth the deposit composition at September 30, 2025, June 30, 2025, and September 30, 2024:

(dollars in thousands) (unaudited) 9/30/2025 6/30/2025 9/30/2024
Balance Percentage Balance Percentage Balance Percentage
Noninterest bearing demand deposits $ 3,507,659  22.2  % $ 3,485,502  21.9  % $ 3,722,985  25.3  %
Money market, interest bearing demand, and savings deposits 5,995,488  37.9  % 6,102,999  38.3  % 5,013,305  34.0  %
Time deposits 6,328,115  39.9  % 6,354,854  39.8  % 5,993,208  40.7  %
Total deposits $ 15,831,262  100.0  % $ 15,943,355  100.0  % $ 14,729,498  100.0  %
  Gross loan-to-deposit ratio 92.3  % 90.6  % 92.6  %


Credit Quality and Allowance for Credit Losses
Criticized loans. Criticized loans decreased $41.9 million, or 10%, to $372.9 million at September 30, 2025, down from $414.7 million at June 30, 2025, driven by improvement in C&I criticized loans, which decreased 17% quarter-over-quarter. Total classified loans were down $35.9 million, or 13%, and total special mention loans were down $5.9 million, or 4%, from June 30, 2025. The criticized loans to total loans ratio improved to 2.56% at September 30, 2025, down 31 basis points from 2.87% at June 30, 2025.


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4-4-4    NASDAQ: HOPE
The following table sets forth the breakdown of criticized loans at September 30, 2025, June 30, 2025, and September 30, 2024:

(dollars in thousands) (unaudited) 9/30/2025 6/30/2025 9/30/2024
Special mention loans
 $ 131,384  $ 137,313  $ 184,443 
Classified loans
 241,481  277,418  321,283 
Total criticized loans $ 372,865  $ 414,731  $ 505,726 
Criticized loans/total loans 2.56  % 2.87  % 3.71  %

Nonperforming assets. Nonperforming assets totaled $112.2 million, or 0.61% of total assets, at September 30, 2025, compared with $112.9 million, or 0.61% of total assets, at June 30, 2025.

The following table sets forth the components of nonperforming assets at September 30, 2025, June 30, 2025, and September 30, 2024:

(dollars in thousands) (unaudited) 9/30/2025 6/30/2025 9/30/2024
Loans on nonaccrual status (1)
 $ 110,008  $ 110,739  $ 103,602 
Accruing delinquent loans past due 90 days or more
 2,149  2,149  226 
Total nonperforming loans 112,157  112,888  103,828 
Other real estate owned —  —  — 
Total nonperforming assets $ 112,157  $ 112,888  $ 103,828 
Nonperforming assets/total assets 0.61  % 0.61  % 0.60  %
_____________________________________
(1)     Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $15.3 million, $15.3 million and $13.1 million at September 30, 2025, June 30, 2025, and September 30, 2024, respectively.

Net charge offs. The Company recorded net charge-offs of $5.1 million for the third quarter of 2025, equivalent to 0.14%, annualized, of average loans. This compares with net charge-offs of $12.0 million, or 0.33%, annualized, of average loans for the second quarter of 2025. The quarter-over-quarter improvement reflects lower charge-offs in C&I loans.

Allowance for credit losses. The allowance for credit losses totaled $152.5 million at September 30, 2025, compared with $149.5 million at June 30, 2025. The allowance coverage ratio was 1.05% of loans receivable at September 30, 2025, compared with 1.04% at June 30, 2025.

The following table sets forth the allowance for credit losses and the coverage ratios at September 30, 2025, June 30, 2025, and September 30, 2024:

(dollars in thousands) (unaudited) 9/30/2025 6/30/2025 9/30/2024
Allowance for credit losses $ 152,509  $ 149,505  $ 153,270 
Allowance for credit losses/loans receivable 1.05  % 1.04  % 1.13  %

Provision for credit losses. For the third quarter of 2025, the Company recorded provision for credit losses of $8.7 million. This compares with provision for credit losses of $15.0 million for the second quarter of 2025, which included $4.5 million of merger-related provision expenses that the Company considered a notable item. The quarter-over-quarter decrease in the provision for credit losses, excluding notable items(3), largely reflected lower net charge-offs during the third quarter of 2025.
(3)     Provision for credit losses excluding notable items is a non-GAAP financial measure. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 to 12.
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5-5-5    NASDAQ: HOPE

Capital

At September 30, 2025, the Company and the Bank’s strong capital ratios continued to exceed all regulatory capital requirements generally required to meet the definition of a “well-capitalized” financial institution. All capital ratios increased quarter-over-quarter from June 30, 2025. The completion of the Territorial acquisition on April 2, 2025, impacted prior year capital ratio comparisons.

The following table sets forth the capital ratios for the Company at September 30, 2025, June 30, 2025, and September 30, 2024:
(unaudited)
 9/30/2025 6/30/2025 9/30/2024 Minimum Guideline for “Well-Capitalized”
Common Equity Tier 1 Capital Ratio 12.12% 12.06% 13.07% 6.50%
Tier 1 Capital Ratio 12.81% 12.76% 13.79% 8.00%
Total Capital Ratio 13.83% 13.76% 14.82% 10.00%
Leverage Ratio 10.85% 10.57% 11.61% 5.00%

At September 30, 2025, total stockholders’ equity was $2.26 billion, an increase of 1% compared with $2.22 billion at June 30, 2025. Tangible common equity (“TCE”) per share(4) was $13.51 at September 30, 2025, compared with $13.26 at June 30, 2025. The TCE ratio(4) was 9.63% at September 30, 2025, up 20 basis points compared with 9.43% at June 30, 2025.

The following table sets forth the TCE per share and the TCE ratio at September 30, 2025, June 30, 2025, and September 30, 2024. The year-over-year changes between September 30, 2025, and September 30, 2024, primarily reflected the impact of the Territorial acquisition.

(unaudited) 9/30/2025 6/30/2025 9/30/2024
TCE per share $13.51 $13.26 $14.10
TCE ratio 9.63% 9.43% 10.08%



(4)    TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 to 12.
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6-6-6    NASDAQ: HOPE
Investor Conference Call
The Company previously announced that it will host an investor conference call on Tuesday, October 28, 2025, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review its unaudited financial results for its third quarter ended September 30, 2025. 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 Bancorp’s website at www.ir-hopebancorp.com. Other interested parties are invited to listen to a live webcast of the call available at the Investor Relations section of Hope Bancorp’s website. After the live webcast, a replay will remain available at the Investor Relations section of Hope Bancorp’s website for at least one year. A telephonic replay of the call will be available at 877-344-7529 (domestic) or 412-317-0088 (international) for one week through November 4, 2025, replay access code 7734578.

Non-GAAP Financial Metrics
This news release and accompanying financial tables contain certain non-GAAP financial measure disclosures, including net income excluding notable items, earnings per share excluding notable items, noninterest income excluding notable items, noninterest expense excluding notable items, provision for credit losses excluding notable items, efficiency ratio excluding notable items, effective tax rate excluding notable items, PPNR, PPNR excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, TCE per share and TCE ratio. Management believes these non-GAAP financial measures provide meaningful supplemental information regarding the Company’s operational performance and the Company’s capital levels and has included these figures in response to market participant interest in these financial metrics. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 through 12.

About Hope Bancorp, Inc.
Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the only regional Korean American bank in the United States with $18.51 billion in total assets as of September 30, 2025. With the addition of Territorial Savings, a division of Bank of Hope, effective April 2, 2025, the Company became the largest regional bank catering to multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, the Bank provides a full suite of commercial, corporate and consumer loans, deposit and fee-based products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and other consumer lending; treasury management services, foreign currency exchange solutions, interest rate derivative products, and international trade financing, among others. The Bank operates 45 full-service branches in California, New York, New Jersey, Washington, Texas, Illinois, Alabama and Georgia under the Bank of Hope banner, and 29 branches in Hawaii under the Territorial Savings banner. The Bank also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices throughout the United States, and a representative office in Seoul, South Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to www.bankofhope.com for Bank of Hope and www.tsbhawaii.bank for Territorial Savings, a division of Bank of Hope. By including the foregoing website address links, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.

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7-7-7    NASDAQ: HOPE

Forward-Looking Statements
Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” and similar expressions. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. With the consummation of the acquisition of Territorial Bancorp, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Hope Bancorp and Territorial Bancorp and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; and deposit attrition, operating costs, customer loss and business disruption following the acquisition, including difficulties in maintaining relationships with employees and customers, may be greater than expected. Other risks and uncertainties include, but are not limited to: possible renewed deterioration in economic conditions in Hope Bancorp’s areas of operation or elsewhere; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; risk of significant non-earning assets, and net credit losses that could occur, particularly in times of weak economic conditions or times of rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s allowances for credit losses; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp; the impact of U.S. and global trade policies and tensions, including changes in, or the imposition of, tariffs and/or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, and geopolitical instability; and risks from natural disasters. For additional information concerning these and other risk factors, see Hope Bancorp’s most recent Annual Report on Form 10-K. Hope Bancorp does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.




Contacts:
Julianna Balicka
Executive Vice President & Chief Financial Officer
213-235-3235
julianna.balicka@bankofhope.com



# # #
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Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share data)

Assets: 9/30/2025 6/30/2025 % change 9/30/2024 % change
Cash and due from banks $ 454,909  $ 689,734  (34) % $ 680,857  (33) %
Investment securities 2,266,034  2,268,889  —  % 2,177,301  4  %
Federal Home Loan Bank (“FHLB”) stock and other investments 106,411  106,752  —  % 57,158  86  %
Gross loans, including loans held for sale 14,620,017  14,446,838  1  % 13,643,702  7  %
Allowance for credit losses (152,509) (149,505) 2  % (153,270) —  %
Accrued interest receivable 53,159  53,589  (1) % 51,898  2  %
Premises and equipment, net 69,152  69,141  —  % 51,543  34  %
Goodwill and intangible assets 524,503  525,428  —  % 467,182  12  %
Other assets 566,059  536,151  6  % 377,818  50  %
Total assets $ 18,507,735  $ 18,547,017  —  % $ 17,354,189  7  %
Liabilities:
Deposits $ 15,831,262  $ 15,943,355  (1) % $ 14,729,498  7  %
FHLB and Federal Reserve Bank (“FRB”) borrowings 24,878  29,752  (16) % 100,000  (75) %
Subordinated debentures and convertible notes, net 110,610  110,263  —  % 109,249  1  %
Accrued interest payable 74,376  72,004  3  % 107,017  (31) %
Other liabilities 210,713  167,526  26  % 138,640  52  %
Total liabilities $ 16,251,839  $ 16,322,900  —  % $ 15,184,404  7  %
Stockholders’ Equity:
Common stock, $0.001 par value $ 146  $ 146  —  % $ 138  6  %
Additional paid-in capital 1,521,669  1,520,129  —  % 1,442,993  5  %
Retained earnings 1,152,810  1,139,913  1  % 1,174,100  (2) %
Treasury stock, at cost (264,667) (264,667) —  % (264,667) —  %
Accumulated other comprehensive loss, net (154,062) (171,404) 10  % (182,779) 16  %
Total stockholders’ equity 2,255,896  2,224,117  1  % 2,169,785  4  %
Total liabilities and stockholders’ equity $ 18,507,735  $ 18,547,017  —  % $ 17,354,189  7  %
Common stock shares – authorized 300,000,000  300,000,000  300,000,000 
Common stock shares – outstanding 128,185,271  128,124,458  120,737,908 
Treasury stock shares 17,382,835  17,382,835  17,382,835 
Table Page 1
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
Three Months Ended Nine Months Ended
9/30/2025 6/30/2025 % change 9/30/2024 % change 9/30/2025 9/30/2024 % change
Interest and fees on loans $ 216,859  $ 211,441  3  % $ 210,022  3  % $ 623,261  $ 633,331  (2) %
Interest on investment securities 21,467  17,769  21  % 16,741  28  % 55,128  51,619  7  %
Interest on cash and deposits at other banks 5,273  8,783  (40) % 7,507  (30) % 19,261  39,974  (52) %
Interest on other investments and FHLB dividends 1,186  1,177  1  % 814  46  % 3,471  2,435  43  %
Total interest income 244,785  239,170  2  % 235,084  4  % 701,121  727,359  (4) %
Interest on deposits 115,425  118,852  (3) % 127,193  (9) % 347,862  373,803  (7) %
Interest on borrowings 2,718  2,785  (2) % 3,082  (12) % 8,267  27,840  (70) %
Total interest expense 118,143  121,637  (3) % 130,275  (9) % 356,129  401,643  (11) %
Net interest income before provision 126,642  117,533  8  % 104,809  21  % 344,992  325,716  6  %
Provision for credit losses 8,710  15,000  (42) % 3,280  166  % 28,510  7,280  292  %
Net interest income after provision 117,932  102,533  15  % 101,529  16  % 316,482  318,436  (1) %
Service fees on deposit accounts 3,235  3,106  4  % 2,651  22  % 9,262  7,919  17  %
Net gains on sales of SBA loans 2,774  3,998  (31) % 2,722  2  % 9,903  4,702  111  %
Net (losses) gains on sales of securities available for sale —  (38,856) (100) % (326) (100) % (38,856) 99  N/A
Other income and fees 9,376  8,796  7  % 6,792  38  % 27,808  18,476  51  %
Total noninterest income (loss) 15,385  (22,956) N/A 11,839  30  % 8,117  31,196  (74) %
Salaries and employee benefits 54,910  52,834  4  % 44,160  24  % 156,204  135,844  15  %
Occupancy 9,153  8,884  3  % 6,940  32  % 25,203  20,632  22  %
Furniture and equipment 7,895  7,817  1  % 5,341  48  % 21,425  16,156  33  %
Data processing and communications 4,231  3,602  17  % 3,112  36  % 10,740  9,099  18  %
Amortization of investments in affordable housing partnerships 3,216  2,430  32  % 2,206  46  % 7,607  6,623  15  %
FDIC assessment 2,942  2,488  18  % 2,200  34  % 7,932  8,129  (2) %
FDIC special assessment —  —  —  % —  —  % —  691  (100) %
Earned interest credit 3,529  3,310  7  % 6,869  (49) % 9,926  18,842  (47) %
Merger and restructuring related costs 958  17,281  (94) % 1,433  (33) % 20,758  5,044  312  %
Other noninterest expense 10,027  10,827  (7) % 9,007  11  % 30,400  26,034  17  %
Total noninterest expense 96,861  109,473  (12) % 81,268  19  % 290,195  247,094  17  %
Income (loss) before income taxes 36,456  (29,896) N/A 32,100  14  % 34,404  102,538  (66) %
Income tax provision (benefit) 5,613  (2,015) N/A 7,941  (29) % 10,346  27,245  (62) %
Net income (loss) $ 30,843  $ (27,881) N/A $ 24,159  28  % $ 24,058  $ 75,293  (68) %
Earnings (loss) per common share – diluted $ 0.24  $ (0.22) $ 0.20  $ 0.19  $ 0.62 
Weighted average shares outstanding – diluted 128,593,874  128,223,991  121,159,977  126,110,136  121,027,793 
Table Page 2
Hope Bancorp, Inc.
Selected Financial Data
Unaudited
For the Three Months Ended
For the Nine Months Ended
Profitability measures (annualized): 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Return on average assets (“ROA”) 0.67  % -0.60  % 0.56  % 0.18  % 0.56  %
ROA excluding notable items (1)
 0.68  % 0.52  % 0.58  % 0.58  % 0.59  %
Return on average equity (“ROE”) 5.52  % -5.02  % 4.52  % 1.46  % 4.73  %
ROE excluding notable items (1)
 5.66  % 4.42  % 4.71  % 4.78  % 4.99  %
Return on average tangible common equity (“ROTCE”) (1)
 7.22  % -6.58  % 5.78  % 1.89  % 6.07  %
ROTCE excluding notable items (1)
 7.39  % 5.79  % 6.02  % 6.21  % 6.40  %
Net interest margin 2.89  % 2.69  % 2.55  % 2.71  % 2.57  %
Efficiency ratio (not annualized) 68.20  % 115.75  % 69.67  % 82.18  % 69.23  %
Efficiency ratio excluding notable items (not annualized) (1)
 67.52  % 69.09  % 68.44  % 68.74  % 67.62  %
(1) ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Pages 10 through 12.


Table Page 3
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)
Three Months Ended
9/30/2025 6/30/2025 9/30/2024
Interest Annualized Interest Annualized Interest Annualized
Average Income/ Average Average Income/ Average Average Income/  Average
Balance Expense Yield/Cost Balance Expense Yield/Cost Balance Expense  Yield/Cost
INTEREST EARNING ASSETS:
Loans, including loans held for sale $ 14,518,721  $ 216,859  5.93  % $ 14,423,923  $ 211,441  5.88  % $ 13,574,539  $ 210,022  6.16  %
Investment securities 2,256,228  21,467  3.77  % 2,192,533  17,769  3.25  % 2,182,847  16,741  3.05  %
Interest earning cash and deposits at other banks 488,992  5,273  4.28  % 807,979  8,783  4.36  % 570,754  7,507  5.23  %
FHLB stock and other investments 97,584  1,186  4.82  % 98,052  1,177  4.81  % 48,956  814  6.61  %
Total interest earning assets $ 17,361,525  $ 244,785  5.59  % $ 17,522,487  $ 239,170  5.47  % $ 16,377,096  $ 235,084  5.71  %
 
INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings $ 6,045,464  $ 49,458  3.25  % $ 6,278,578  $ 51,884  3.31  % $ 4,963,727  $ 50,707  4.06  %
Time deposits 6,359,578  65,967  4.12  % 6,353,525  66,968  4.23  % 6,053,924  76,486  5.03  %
Total interest bearing deposits 12,405,042  115,425  3.69  % 12,632,103  118,852  3.77  % 11,017,651  127,193  4.59  %
FHLB and FRB borrowings 27,286  273  3.97  % 48,671  364  3.00  % 120,326  329  1.09  %
Subordinated debentures and convertible notes 106,485  2,445  8.98  % 106,150  2,421  9.02  % 105,152  2,753  10.24  %
Total interest bearing liabilities $ 12,538,813  $ 118,143  3.74  % $ 12,786,924  $ 121,637  3.82  % $ 11,243,129  $ 130,275  4.61  %
Noninterest bearing demand deposits 3,506,559  3,464,085  3,704,088 
Total funding liabilities/cost of funds $ 16,045,372  2.92  % $ 16,251,009  3.00  % $ 14,947,217  3.47  %
Net interest income/net interest spread $ 126,642  1.85  % $ 117,533  1.65  % $ 104,809  1.10  %
Net interest margin 2.89  % 2.69  % 2.55  %
Cost of deposits:
Noninterest bearing demand deposits $ 3,506,559  $ —  —  % $ 3,464,085  $ —  —  % $ 3,704,088  $ —  —  %
Interest bearing deposits 12,405,042  115,425  3.69  % 12,632,103  118,852  3.77  % 11,017,651  127,193  4.59  %
Total deposits $ 15,911,601  $ 115,425  2.88  % $ 16,096,188  $ 118,852  2.96  % $ 14,721,739  $ 127,193  3.44  %

Table Page 4
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)
Nine Months Ended
9/30/2025 9/30/2024
Interest Annualized Interest Annualized
Average Income/ Average Average Income/ Average
Balance Expense Yield/Cost Balance Expense Yield/Cost
INTEREST EARNING ASSETS:
Loans, including loans held for sale $ 14,136,511  $ 623,261  5.89  % $ 13,637,335  $ 633,331  6.20  %
Investment securities 2,178,155  55,128  3.38  % 2,224,972  51,619  3.10  %
Interest earning cash and deposits at other banks 607,549  19,261  4.24  % 1,004,606  39,974  5.32  %
FHLB stock and other investments 94,272  3,471  4.92  % 48,520  2,435  6.70  %
Total interest earning assets $ 17,016,487  $ 701,121  5.51  % $ 16,915,433  $ 727,359  5.74  %
INTEREST BEARING LIABILITIES:
Deposits:
Money market, interest bearing demand and savings $ 5,927,729  $ 151,960  3.43  % $ 4,994,958  $ 149,560  4.00  %
Time deposits 6,131,577  195,902  4.27  % 5,987,121  224,243  5.00  %
Total interest bearing deposits 12,059,306  347,862  3.86  % 10,982,079  373,803  4.55  %
FHLB and FRB borrowings 65,441  993  2.03  % 672,332  19,612  3.90  %
Subordinated debentures and convertible notes 106,153  7,274  9.04  % 104,824  8,228  10.31  %
Total interest bearing liabilities $ 12,230,900  $ 356,129  3.89  % $ 11,759,235  $ 401,643  4.56  %
Noninterest bearing demand deposits 3,439,051  3,724,716 
Total funding liabilities/cost of funds $ 15,669,951  3.04  % $ 15,483,951  3.46  %
Net interest income/net interest spread $ 344,992  1.62  % $ 325,716  1.18  %
Net interest margin 2.71  % 2.57  %
Cost of deposits:
Noninterest bearing demand deposits $ 3,439,051  $ —  —  % $ 3,724,716  $ —  —  %
Interest bearing deposits 12,059,306  347,862  3.86  % 10,982,079  373,803  4.55  %
Total deposits $ 15,498,357  $ 347,862  3.00  % $ 14,706,795  $ 373,803  3.40  %


Table Page 5
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except per share data)
 Three Months Ended Nine Months Ended
AVERAGE BALANCES: 9/30/2025 6/30/2025 % change 9/30/2024 % change 9/30/2025 9/30/2024 % change
Gross loans, including loans held for sale $ 14,518,721  $ 14,423,923  1  % $ 13,574,539  7  % $ 14,136,511  $ 13,637,335  4  %
Investment securities 2,256,228  2,192,533  3  % 2,182,847  3  % 2,178,155  2,224,972  (2) %
Interest earning cash and deposits at other banks 488,992  807,979  (39) % 570,754  (14) % 607,549  1,004,606  (40) %
Interest earning assets 17,361,525  17,522,487  (1) % 16,377,096  6  % 17,016,487  16,915,433  1  %
Goodwill and intangible assets 525,022  525,048  —  % 467,419  12  % 505,782  467,822  8  %
Total assets 18,545,851  18,724,864  (1) % 17,369,169  7  % 18,123,718  17,920,176  1  %
Noninterest bearing demand deposits 3,506,559  3,464,085  1  % 3,704,088  (5) % 3,439,051  3,724,716  (8) %
Interest bearing deposits 12,405,042  12,632,103  (2) % 11,017,651  13  % 12,059,306  10,982,079  10  %
Total deposits 15,911,601  16,096,188  (1) % 14,721,739  8  % 15,498,357  14,706,795  5  %
Interest bearing liabilities 12,538,813  12,786,924  (2) % 11,243,129  12  % 12,230,900  11,759,235  4  %
Stockholders’ equity 2,234,244  2,220,633  1  % 2,139,861  4  % 2,201,301  2,121,169  4  %
LOAN PORTFOLIO COMPOSITION: 9/30/2025 6/30/2025 % change 9/30/2024 % change
Commercial real estate (“CRE”) loans $ 8,418,797  $ 8,385,764  —  % $ 8,630,757  (2) %
Commercial and industrial (“C&I”) loans 3,736,497  3,725,295  —  % 3,901,368  (4) %
Residential mortgage and other loans 2,431,605  2,323,728  5  % 1,085,863  124  %
 Loans receivable 14,586,899  14,434,787  1  % 13,617,988  7  %
Loans held for sale 33,118  12,051  175  % 25,714  29  %
 Gross loans $ 14,620,017  $ 14,446,838  1  % $ 13,643,702  7  %
CRE LOANS BY PROPERTY TYPE: 9/30/2025 6/30/2025 % change 9/30/2024 % change
Multi-tenant retail $ 1,612,673  $ 1,589,994  1  % $ 1,640,769  (2) %
Industrial warehouses 1,285,752  1,260,991  2  % 1,244,891  3  %
Multifamily 1,219,701  1,211,785  1  % 1,204,734  1  %
Gas stations and car washes 1,116,447  1,106,007  1  % 1,021,537  9  %
Mixed-use facilities 665,239  671,144  (1) % 826,045  (19) %
Hotels/motels 771,089  754,449  2  % 800,707  (4) %
Single-tenant retail 629,269  647,374  (3) % 663,178  (5) %
Office 330,736  340,329  (3) % 396,131  (17) %
All other 787,891  803,691  (2) % 832,765  (5) %
  Total CRE loans $ 8,418,797  $ 8,385,764  —  % $ 8,630,757  (2) %
DEPOSIT COMPOSITION: 9/30/2025 6/30/2025 % change 9/30/2024 % change
Noninterest bearing demand deposits $ 3,507,659  $ 3,485,502  1  % $ 3,722,985  (6) %
Money market, interest bearing demand, and savings 5,995,488  6,102,999  (2) % 5,013,305  20  %
Time deposits 6,328,115  6,354,854  —  % 5,993,208  6  %
  Total deposits $ 15,831,262  $ 15,943,355  (1) % $ 14,729,498  7  %

Table Page 6
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)
CAPITAL & CAPITAL RATIOS: 9/30/2025 6/30/2025 9/30/2024
Total stockholders’ equity $ 2,255,896  $ 2,224,117  $ 2,169,785 
Total capital $ 2,125,254  $ 2,092,212  $ 2,143,477 
Common equity tier 1 ratio 12.12  % 12.06  % 13.07  %
Tier 1 capital ratio 12.81  % 12.76  % 13.79  %
Total capital ratio 13.83  % 13.76  % 14.82  %
Leverage ratio 10.85  % 10.57  % 11.61  %
Total risk weighted assets $ 15,368,455  $ 15,206,081  $ 14,466,152 
Book value per common share $ 17.60  $ 17.36  $ 17.97 
Tangible common equity (“TCE”) per share (1)
 $ 13.51  $ 13.26  $ 14.10 
TCE ratio (1)
 9.63  % 9.43  % 10.08  %
(1) TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the accompanying financial information on Table Page 10.
ALLOWANCE FOR CREDIT LOSSES CHANGES: Three Months Ended Nine Months Ended
9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 9/30/2025 9/30/2024
Balance at beginning of period $ 149,505  $ 147,412  $ 150,527  $ 153,270  $ 156,019  $ 150,527  $ 158,694 
Initial allowance for purchased credit deteriorated (“PCD”) loans acquired —  63  —  —  —  63  — 
Provision for credit losses on loans 8,100  14,000  5,200  10,100  3,000  27,300  8,300 
Recoveries 1,517  2,844  233  704  534  4,594  3,817 
Charge offs (6,613) (14,814) (8,548) (13,547) (6,283) (29,975) (17,541)
Balance at end of period $ 152,509  $ 149,505  $ 147,412  $ 150,527  $ 153,270  $ 152,509  $ 153,270 
9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024
Allowance for unfunded loan commitments $ 3,933  $ 3,323  $ 2,323  $ 2,723  $ 2,823 
Three Months Ended Nine Months Ended
9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 9/30/2025 9/30/2024
Provision for credit losses on loans $ 8,100  $ 14,000  $ 5,200  $ 10,100  $ 3,000  $ 27,300  $ 8,300 
Provision (credit) for unfunded loan commitments 610  1,000  (400) (100) 280  1,210  (1,020)
Provision for credit losses $ 8,710  $ 15,000  $ 4,800  $ 10,000  $ 3,280  $ 28,510  $ 7,280 
Table Page 7
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)

Three Months Ended Nine Months Ended
NET LOAN CHARGE OFFS (RECOVERIES): 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 9/30/2025 9/30/2024
CRE loans $ (933) $ (843) $ 899  $ 156  $ 372  $ (877) $ 389 
C&I loans 5,978  11,829  7,384  12,607  5,287  25,191  13,259 
Residential mortgage and other loans 51  984  32  80  90  1,067  76 
Net loan charge offs $ 5,096  $ 11,970  $ 8,315  $ 12,843  $ 5,749  $ 25,381  $ 13,724 
Net charge offs/average loans (annualized) 0.14  % 0.33  % 0.25  % 0.38  % 0.17  % 0.24  % 0.13  %

NONPERFORMING ASSETS: 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024
Loans on nonaccrual status (1)
 $ 110,008  $ 110,739  $ 83,808  $ 90,564  $ 103,602 
Accruing delinquent loans past due 90 days or more 2,149  2,149  98  229  226 
Total nonperforming loans 112,157  112,888  83,906  90,793  103,828 
Other real estate owned (“OREO”) —  —  —  —  — 
Total nonperforming assets $ 112,157  $ 112,888  $ 83,906  $ 90,793  $ 103,828 
Nonperforming assets/total assets 0.61  % 0.61  % 0.49  % 0.53  % 0.60  %
Nonperforming loans/loans receivable 0.77  % 0.78  % 0.63  % 0.67  % 0.76  %
Nonaccrual loans/loans receivable 0.75  % 0.77  % 0.63  % 0.67  % 0.76  %
Allowance for credit losses/loans receivable 1.05  % 1.04  % 1.11  % 1.11  % 1.13  %
Allowance for credit losses/nonperforming loans 135.98  % 132.44  % 175.69  % 165.79  % 147.62  %
(1) Excludes delinquent SBA loans that are guaranteed and currently in liquidation totaling $15.3 million, $15.3 million, $11.8 million, $12.8 million, and $13.1 million, at September 30, 2025, June 30, 2025, March 31, 2025, December 31, 2024, and September 30, 2024, respectively.
NONACCRUAL LOANS BY TYPE: 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024
CRE loans $ 54,016  $ 55,368  $ 24,106  $ 23,396  $ 72,228 
C&I loans 45,494  46,945  50,544  60,807  24,963 
Residential mortgage and other loans 10,498  8,426  9,158  6,361  6,411 
   Total nonaccrual loans $ 110,008  $ 110,739  $ 83,808  $ 90,564  $ 103,602 
Table Page 8
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands)
ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE: 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024
30 - 59 days past due $ 15,786  $ 4,909  $ 11,927  $ 8,681  $ 10,746 
60 - 89 days past due 5,117  2,841  27,719  5,164  1,539 
   Total accruing delinquent loans 30-89 days past due $ 20,903  $ 7,750  $ 39,646  $ 13,845  $ 12,285 
ACCRUING DELINQUENT LOANS 30-89 DAYS PAST DUE BY TYPE: 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024
CRE loans $ 14,872  $ 4,377  $ 4,993  $ 3,205  $ 816 
C&I loans 3,356  1,084  27,455  1,288  9,037 
Residential mortgage and other loans 2,675  2,289  7,198  9,352  2,432 
   Total accruing delinquent loans 30-89 days past due $ 20,903  $ 7,750  $ 39,646  $ 13,845  $ 12,285 
CRITICIZED LOANS: 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024
Special mention loans $ 131,384  $ 137,313  $ 184,659  $ 179,073  $ 184,443 
Classified loans 241,481  277,418  264,064  270,896  321,283 
   Total criticized loans $ 372,865  $ 414,731  $ 448,723  $ 449,969  $ 505,726 
Table Page 9
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)


Reconciliation of GAAP financial measures to non-GAAP financial measures
Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below.
TANGIBLE COMMON EQUITY (“TCE”) 9/30/2025 6/30/2025 9/30/2024
Total stockholders’ equity $ 2,255,896  $ 2,224,117  $ 2,169,785 
Goodwill and core deposit intangible assets, net (524,503) (525,428) (467,182)
TCE $ 1,731,393  $ 1,698,689  $ 1,702,603 
Total assets $ 18,507,735  $ 18,547,017  $ 17,354,189 
Goodwill and core deposit intangible assets, net (524,503) (525,428) (467,182)
Tangible assets $ 17,983,232  $ 18,021,589  $ 16,887,007 
TCE ratio 9.63  % 9.43  % 10.08  %
Common shares outstanding 128,185,271  128,124,458  120,737,908 
TCE per share $ 13.51  $ 13.26  $ 14.10 
Three Months Ended Nine Months Ended
RETURN ON AVERAGE TANGIBLE COMMON EQUITY (“ROTCE”) 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Average stockholders’ equity $ 2,234,244  $ 2,220,633  $ 2,139,861  $ 2,201,301  $ 2,121,169 
Average goodwill and core deposit intangible assets, net (525,022) (525,048) (467,419) (505,782) (467,822)
Average TCE $ 1,709,222  $ 1,695,585  $ 1,672,442  $ 1,695,519  $ 1,653,347 
Net income (loss) $ 30,843  $ (27,881) $ 24,159  $ 24,058  $ 75,293 
ROTCE (annualized) 7.22  % -6.58  % 5.78  % 1.89  % 6.07  %
Three Months Ended Nine Months Ended
PROVISION FOR CREDIT LOSSES EXCLUDING NOTABLE ITEMS 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Provision for credit losses $ 8,710  $ 15,000  $ 3,280  $ 28,510  $ 7,280 
Notable items:
Merger-related provision for credit losses —  (4,461) —  (4,461) — 
Provision for credit losses excluding notable items $ 8,710  $ 10,539  $ 3,280  $ 24,049  $ 7,280 
Table Page 10
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)

Three Months Ended Nine Months Ended
PRE-PROVISION NET REVENUE (“PPNR”) 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Net interest income before provision for credit losses $ 126,642  $ 117,533  $ 104,809  $ 344,992  $ 325,716 
Noninterest income 15,385  (22,956) 11,839  8,117  31,196 
Revenue 142,027  94,577  116,648  353,109  356,912 
Less: Noninterest expense 96,861  109,473  81,268  290,195  247,094 
PPNR $ 45,166  $ (14,896) $ 35,380  $ 62,914  $ 109,818 
Notable items:
Loss on investment portfolio repositioning $ —  $ 38,856  $ —  $ 38,856  $ — 
FDIC special assessment expense —  —  —  —  691 
Merger and restructuring-related costs 958  17,281  1,433  20,758  5,044 
Total notable items included in PPNR 958  56,137  1,433  59,614  5,735 
PPNR, excluding notable items $ 46,124  $ 41,241  $ 36,813  $ 122,528  $ 115,553 
Three Months Ended Nine Months Ended
PROFITABILITY RATIOS EXCLUDING NOTABLE ITEMS 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Net income (loss) $ 30,843  $ (27,881) $ 24,159  $ 24,058  $ 75,293 
Notable items:
Merger-related provision for credit losses —  4,461  —  4,461  — 
Loss on investment portfolio repositioning —  38,856  —  38,856  — 
FDIC special assessment expense —  —  —  —  691 
Merger and restructuring-related costs 958  17,281  1,433  20,758  5,044 
Total notable items included in pre-tax income 958  60,598  1,433  64,075  5,735 
Tax effect on notable items in pre-tax income (208) (13,064) (421) (14,013) (1,687)
Notable impact from California state tax apportionment law change —  4,878  —  4,878  — 
Total notable items, net of tax 750  52,412  1,012  54,940  4,048 
Net income excluding notable items $ 31,593  $ 24,531  $ 25,171  $ 78,998  $ 79,341 
Diluted common shares 128,593,874  128,223,991  121,159,977  126,110,136  121,027,793 
EPS excluding notable items $ 0.25  $ 0.19  $ 0.21  $ 0.63  $ 0.66 
Average assets $ 18,545,851  $ 18,724,864  $ 17,369,169  $ 18,123,718  $ 17,920,176 
ROA excluding notable items (annualized) 0.68  % 0.52  % 0.58  % 0.58  % 0.59  %
Average equity $ 2,234,244  $ 2,220,633  $ 2,139,861  $ 2,201,301  $ 2,121,169 
ROE excluding notable items (annualized) 5.66  % 4.42  % 4.71  % 4.78  % 4.99  %
Average TCE $ 1,709,222  $ 1,695,585  $ 1,672,442  $ 1,695,519  $ 1,653,347 
ROTCE excluding notable items (annualized) 7.39  % 5.79  % 6.02  % 6.21  % 6.40  %
Table Page 11
Hope Bancorp, Inc.
Selected Financial Data
Unaudited (dollars in thousands, except share and per share data)

Three Months Ended Nine Months Ended
NONINTEREST INCOME EXCLUDING NOTABLE ITEMS 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Noninterest income (loss) $ 15,385  $ (22,956) $ 11,839  $ 8,117  $ 31,196 
Notable items:
Loss on investment portfolio repositioning —  38,856  —  38,856  — 
Noninterest income excluding notable items $ 15,385  $ 15,900  $ 11,839  $ 46,973  $ 31,196 
Three Months Ended Nine Months Ended
EFFICIENCY RATIO EXCLUDING NOTABLE ITEMS 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Noninterest expense $ 96,861  $ 109,473  $ 81,268  $ 290,195  $ 247,094 
Notable items:
FDIC special assessment expense —  —  —  —  (691)
Merger and restructuring-related costs (958) (17,281) (1,433) (20,758) (5,044)
Noninterest expense excluding notable items $ 95,903  $ 92,192  $ 79,835  $ 269,437  $ 241,359 
Revenue $ 142,027  $ 94,577  $ 116,648  $ 353,109  $ 356,912 
Notable items:
Loss on investment portfolio repositioning —  38,856  —  38,856  — 
Revenue excluding notable items $ 142,027  $ 133,433  $ 116,648  $ 391,965  $ 356,912 
Efficiency ratio excluding notable items 67.52  % 69.09  % 68.44  % 68.74  % 67.62  %
Three Months Ended Nine Months Ended
EFFECTIVE TAX RATE EXCLUDING NOTABLE ITEMS 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024
Income (loss) before income taxes $ 36,456  $ (29,896) $ 32,100  $ 34,404  $ 102,538 
Notable items before tax effect 958  60,598  1,433  64,075  5,735 
Income before tax excluding notable items $ 37,414  $ 30,702  $ 33,533  $ 98,479  $ 108,273 
GAAP income tax provision (benefit) $ 5,613  $ (2,015) $ 7,941  $ 10,346  $ 27,245 
Tax effect on notable items in pre-tax income 208  13,064  421  14,013  1,687 
Notable impact from California state tax apportionment law change —  (4,878) —  (4,878) — 
Income tax provision excluding notable items $ 5,821  $ 6,171  $ 8,362  $ 19,481  $ 28,932 
Effective tax rate excluding notable items 15.56  % 20.10  % 24.94  % 19.78  % 26.72  %

Table Page 12
EX-99.2 3 a3q25hopeccdeck.htm EX-99.2 a3q25hopeccdeck
2025 Third Quarter Earnings Conference Call October 28, 2025

 
Forward Looking Statements & Additional Disclosures Some statements in this presentation may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” and similar expressions. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. With the consummation of the merger of Territorial Bancorp, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Hope Bancorp and Territorial Bancorp and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; and deposit attrition, operating costs, customer loss and business disruption following the merger, including difficulties in maintaining relationships with employees and customers, may be greater than expected. Other risks and uncertainties include, but are not limited to: possible renewed deterioration in economic conditions in Hope Bancorp’s areas of operation or elsewhere; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; risk of significant non-earning assets, and net credit losses that could occur, particularly in times of weak economic conditions or times of rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s allowances for credit losses; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp; the impact of U.S. global trade policies and tensions, including changes in, or the imposition of, tariffs and/or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, and geopolitical instability; and risks from natural disasters. For additional information concerning these and other risk factors, see Hope Bancorp’s most recent Annual Report on Form 10-K. Hope Bancorp does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law. 2

 
Strong Capital & Ample Liquidity • Total capital ratio was 13.83% at 9/30/25 • Tangible common equity (“TCE”) ratio(1) was 9.63% at 9/30/25 Deposits • Deposits of $15.8B at 9/30/25, -1% QoQ: decrease in brokered deposits partially offset by growth in customer deposits • Noninterest bearing demand deposits up 1% QoQ, represented 22% of total deposits at 9/30/25 • Cost of average total deposits down 8bps QoQ Loans • Gross loans of $14.6B at 9/30/25, up 1.2% QoQ (5% annualized), with growth across all major loan segments • Gross loan-to-deposit ratio of 92.3% at 9/30/25 • Average loan yield of 5.93% for 3Q25, up 5bps QoQ Asset Quality • Classified loans at 9/30/25 down 13% QoQ, represented 1.66% of total loans • Nonperforming assets (“NPA”) of $112MM at 9/30/25, represented 0.61% of total assets Earnings • 3Q25 net income: $30.8MM, or $0.24 per diluted common share • Net income excluding notable items(1): $31.6MM in 3Q25, or $0.25(1) per diluted common share, up 29% QoQ • 3Q25 highlights: net interest income growth of 8% QoQ, net interest margin expansion of +20bps QoQ, positive operating leverage, and lower credit management costs Q3 2025 Financial Overview Total Capital & TCE Ratio(1) at 9/30/25 13.83% / 9.63% NPA/Total Assets at 9/30/25 0.61% Gross Loans at 9/30/25 $14.6B Total Deposits at 9/30/25 $15.8B 3 3Q25 GAAP Net Income / EPS $30.8MM / $0.24 3Q25 Net Income / EPS, excluding notable items (1) $31.6MM / $0.25 (1) TCE ratio, net income excluding notable items and earnings per share (“EPS”) excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation.

 
Strong Capital Ratios Common Equity Tier 1 Capital Ratio • Robust capital ratios: All capital ratios increased QoQ; strong and well above requirements for “well-capitalized” financial institutions • Pro forma capital strong: Adjustments for the allowance for credit losses (“ACL”) and hypothetical adjustments for investment security marks not otherwise already reflected in equity, still result in strong capital ratios • Dividend: Quarterly common stock dividend of $0.14 per share, or $0.56 per share annualized. Equivalent to a dividend yield of 5.20% at 9/30/25 • Equity: Increased book value per common share to $17.60 & TCE per share(1) to $13.51 at 9/30/25, up compared with book value per share of $17.36 & TCE per share(1) of $13.26 at 6/30/25 Tangible Common Equity (“TCE”) Ratio(1) Total Capital Ratio Leverage Ratio Well Capitalized Reg. Minimum 6.50% Well Capitalized Reg. Minimum 10.00% Well Capitalized Reg. Minimum 5.00% 4 (1) TCE ratio and TCE per share are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. * Pro forma ratios at 9/30/25 are non-GAAP financial measures and reflect (a) inclusion of on- and off-balance sheet ACL not already in capital; (b) treatment of held-to-maturity (“HTM”) securities as if they were available- for-sale (“AFS”), with unrealized losses in accumulated other comprehensive income (“AOCI”); and (c) removal of the AOCI opt-out in calculating regulatory capital.

 
Diverse & Granular Deposit Base Deposit Composition by Product Type Noninterest Bearing Demand Deposits 22% Money Market, Interest Bearing Demand & Savings Deposits 38% Time Deposits 40% $15.8B Total Deposits (at 9/30/25) • Total deposits of $15.8B at 9/30/25, down 1% QoQ: planned decrease in brokered deposit balances, partially offset by growth in customer deposit balances • Noninterest bearing demand deposits up 1% QoQ, represented 22% of total deposits at 9/30/25 Deposit Composition by Customer Type 51% 50% 51% 46% 45% 39% 40% 40% 47% 48% 3% 3% 2% 2% 3% 7% 7% 7% 5% 4% 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 Commercial Consumer Public & Other Brokered Change in deposit composition reflected Territorial Savings Bank acquisition 5

 
Well-Diversified Loan Portfolio Nonowner- Occupied CRE C&I Owner- Occupied CRE Residential Mortgage & Other Multifamily Residential $14.6B Gross Loans (at 9/30/25) $2.4B Avg Size: $0.4MM $4.5B Avg Size: $1.9MM $2.7B Avg Size: $2.3MM $3.7B Avg Size: $1.4MM $1.2B Avg Size: $2.4MM • Loan portfolio well-diversified across major loan types of nonowner- occupied CRE, C&I, owner-occupied CRE, residential mortgage, and multifamily residential loans • Gross loans totaled $14.6B at 9/30/25, up 1.2% QoQ or 5% annualized: well-diversified production, slower payoffs & paydowns in 3Q25 6 17% 8% 18% 26% 31% Held for Sale, 0.2% $33MM Avg Size: $1.2MM

 
Net Interest Income & Net Interest Margin 7 Net Interest Income & Net Interest Margin ($ Millions) $105 $102 $101 $118 $127 2.55% 2.50% 2.54% 2.69% 2.89% 3Q24 4Q24 1Q25 2Q25 3Q25 2.89% 2.69% Increase in loan yield +5bps 3Q25 NIM change: +20bps QoQ Net Interest Income Net Interest Margin (annualized) QoQ Change in Net Interest Margin 2Q25 3Q25 Change in balance sheet mix +4bps Decrease in funding costs +5bps Increase in securities & other earning assets yield • 3Q25 net interest income of $127MM, up 8% QoQ: average loan growth, improved earning asset yields, and lower cost of funds • 3Q25 average investment yield up 52bps QoQ to 3.77%. Executed repositioning of investment securities portfolio in June 2025 • 3Q25 net interest margin (“NIM”) of 2.89%, up 20bps QoQ, widest linked quarter expansion since 2012 +6bps

 
6.16% 5.95% 5.88% 5.88% 5.93% 5.43% 4.82% 4.50% 4.50% 4.46% 3Q24 4Q24 1Q25 2Q25 3Q25 Avg Loan Yield (annualized) Avg Fed Funds Rate $11.0 $11.0 $11.1 $12.6 $12.4 $3.7 $3.6 $3.4 $3.5 $3.5 3Q24 4Q24 1Q25 2Q25 3Q25 Avg Interest Bearing ("IB") Deposits Avg Non IB Deposits 92% 93% 93% 90% 91% 3.44% 3.32% 3.18% 2.96% 2.88% 4.59% 4.38% 4.14% 3.77% 3.69% 5.43% 4.82% 4.50% 4.50% 4.46% 3Q24 4Q24 1Q25 2Q25 3Q25 Cost of Total Deposits (ann.) Cost of IB Deposits (ann.) Avg Fed Funds Rate Average Loans & Deposits, Yields & Rates Average Deposits Average Loans ($ Billions) ($ Billions) $13.6 $13.6 $13.5 $14.4 $14.5 0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00 3Q24 4Q24 1Q25 2Q25 3Q25 Avg Loan-to-Deposit Ratio Cost of Average Deposits Relative to Fed Funds Rate Average Loan Yield Relative to Fed Funds Rate $16.1 $14.5$14.6$14.7 $15.9 8

 
$ 2.7 $ 2.8 $ 2.9 $ 3.1 $ 3.2 $2.7 $3.1 $3.1 $4.0 $2.8 $6.4 $9.0 $9.7 $8.8 $9.4 3Q24 4Q24 1Q25 2Q25 3Q25 Service Fees on Deposit Accounts Net Gains on SBA Loan Sales Other Income & Fees $(23.0) Noninterest Income Noninterest Income (excluding notable items) (1) ($ Millions) $11.8 $14.9(2) $15.7 $15.9(3) • 3Q25 noninterest income totaled $15.4MM compared with $15.9MM, excluding notable items(3), for 2Q25 • Growth QoQ in deposit service fees, international service fees, loan- related fees, foreign exchange and wire fees • Sold $48MM of the guaranteed portion of SBA 7(a) loans during 3Q25 vs. $67MM in 2Q25. Recorded a net gain on sale of $2.8MM in 3Q25 compared to $4.0MM in 2Q25. 2Q25 gain on sale slightly elevated due to timing of sales that closed in March and April 2025 (1) Noninterest income excluding notable items is a non-GAAP financial measure. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation GAAP Noninterest Income $15.9 $15.4 (2) Notable items in 4Q24 included a net gain of $1.0MM related to the sale of the Company’s two branches in Virginia, which closed 10/1/24 (3) Notable items in 2Q25 included a net loss on sales of securities AFS of $38.9MM 9 GAAP Noninterest Income

 
69.7% 65.7% 72.0% 115.8% 68.2% 68.4% 65.8% 69.8% 69.1% 67.5% 3Q24 4Q24 1Q25 2Q25 3Q25 Efficiency Ratio (GAAP) Efficiency Ratio (ex. notable items) $44.2 $42.0 $48.5 $52.8 $54.9 $12.3 $12.3 $12.9 $16.7 $17.1 $23.3 $22.7 $19.9 $22.7 $23.9 3Q24 4Q24 1Q25 2Q25 3Q25 Salary & Employee Benefits Occupancy & FF&E Other Expenses Efficiency Ratio Noninterest Expense & Efficiency $79.8 $77.0 $81.3 $92.2 Noninterest Expense (excluding notable items) (1)(2) ($ Millions) • 3Q25 GAAP noninterest expense of $97MM, included $1MM of merger-related costs • Excluding notable items(2), 3Q25 noninterest expense of $96MM, up QoQ primarily driven by higher compensation-related costs, reflecting sustained investment in talent to support growth GAAP Noninterest Expense $77.6 $83.9 $109.5 (2) $81.3 $95.9 $96.9 (1) The noninterest expense chart columns present noninterest expense excluding notable items (2) Noninterest expense excluding notable items and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation • 3Q25 revenue growth exceeded expense growth (excluding notable items(2)), generating positive operating leverage • 3Q25 efficiency ratio, excluding notable items(2), improved to 67.5% from 69.1% in 2Q25 10 Reflects the close of the Territorial Savings Bank acquisition on April 2, 2025

 
$153 $151 $147 $150 $153 1.13% 1.11% 1.11% 1.04% 1.05% 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 ACL ACL Coverage Ratio • Improving asset quality metrics reflect prudent risk management • Allowance for credit losses (“ACL”) coverage ratio: 1.05% of loans receivable as of 9/30/25 vs. 1.04% as of 6/30/25 • Criticized loans of $373MM at 9/30/25, down $42MM, or 10%, QoQ. Decreases in both special mention and classified loans. C&I criticized loans decreased 17% QoQ • Nonperforming assets (“NPA”) of $112MM, or 0.61% of total assets at 9/30/25 • Net charge offs (“NCO”): $5MM in 3Q25, or 14bps of average loans, annualized. Net charge-offs down 57% QoQ • 3Q25 provision for credit losses of $9MM, compared with $15MM for 2Q25, which included a merger-related provision of $4.5MM. QoQ decrease in provision for credit losses, excluding merger-related items(1), primarily driven by lower net charge-offs Asset Quality Metrics Provision for Credit Losses(1) & Net Charge Offs Nonperforming Assets Ratio Allowance for Credit Losses & Coverage Ratio Criticized Loans Ratio $3 $10 $5 $11 $9 $6 $13 $8 $12 $5 0.17% 0.38% 0.25% 0.33% 0.14% 3Q24 4Q24 1Q25 2Q25 3Q25 Provision for Credit Losses NCO NCO Ratio (ann.) 3.71% 3.30% 3.36% 2.87% 2.56% 3Q24 4Q24 1Q25 2Q25 3Q25 Total Criticized Loans as a % of Total Loans ($ Millions) ($ Millions) 0.60% 0.53% 0.49% 0.61% 0.61% 3Q24 4Q24 1Q25 2Q25 3Q25 NPAs/Total Assets GAAP Provision $15 (1) The provision for credit losses for each quarter is presented in the chart as GAAP reported, with the exception of 2Q25, which excludes notable items. Provision for credit losses excluding notable items is a non-GAAP financial measure. Quantitative reconciliations of the most directly comparable GAAP to non- GAAP financial measures are provided in the Appendix of this presentation 11

 
Updated Management Financial Outlook for Full Year 2025 vs. 2024 12 Metric 2024 ($ Millions) Outlook for 2025 (1) Comments on Update End-of-Period Loans (including HFS) $ 13,633 High single-digit % growth (Unchanged) ▪ 4Q25 loan growth driven by continued strengthening of production trends, gains in frontline productivity and impact from frontline hiring Net Interest Income $ 428 ~ 10% growth (Updated) ▪ Forward interest rate curve assumes two Fed Funds rate cuts: 25bps each in Oct. and Dec. 2025 Noninterest Income (2) (excluding notable items) $ 47 ~ 30% growth (Updated) ▪ Continued positive momentum across broad base of fee income lines Noninterest Expense (2) (excluding notable items) $ 318 ~ 15% growth (Updated) ▪ Reflects investment in front line talent to support Company growth ▪ Expecting to generate sequential positive operating leverage in 4Q25 Memo: Effective Tax Rate (2) (excluding notable items) ▪ Anticipating 4Q25 effective tax rate of approximately 14%, excluding impact of notable items (1) The Financial Outlook for 2025 is presented as of October 28, 2025, reflects the Company’s updated financial outlook for 2025 vs. actual results in 2024, and will not be updated or affirmed unless and until the Company publicly announces such update or affirmation. The Company’s financial outlook for 2025 is dependent on macroeconomic factors, including, but not limited to, the impact of U.S. and global trade policies and tensions, changes to market interest rates, and reflects expectations as of the date of this presentation. The Financial Outlook for 2025 contains forward-looking statements and actual results or conditions may differ materially and adversely from those included in the Financial Outlook for 2025. Please refer to the “forward-looking statements” on Slide 2 of this presentation. (2) Noninterest income excluding notable items, noninterest expense excluding notable items, and effective tax rate excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation.

 
Appendix 13

 
Summary Balance Sheet ($ in millions, except per share data) 9/30/25 6/30/25 QoQ % change 9/30/24 YoY % change Cash and due from banks $ 454.9 $ 689.7 (34)% $ 680.9 (33)% Investment securities 2,266.0 2,268.9 0% 2,177.3 4% Federal Home Loan Bank (“FHLB”) stock and other investments 106.4 106.8 0% 57.2 86% Gross loans 14,620.0 14,446.8 1% 13,643.7 7% Allowance for credit losses (152.5) (149.5) 2% (153.3) 0% Goodwill and intangible assets 524.5 525.4 0% 467.2 12% Other assets 688.4 658.9 4% 481.2 43% Total assets $ 18,507.7 $ 18,547.0 0% $ 17,354.2 7% Deposits $ 15,831.3 $ 15,943.4 (1)% $ 14,729.5 7% Borrowings & other debt 135.5 140.0 (3)% 209.2 (35)% Other liabilities 285.0 239.5 19% 245.7 16% Total liabilities $ 16,251.8 $ 16,322.9 0% $ 15,184.4 7% Total stockholders’ equity $ 2,255.9 $ 2,224.1 1% $ 2,169.8 4% Book value per share $ 17.60 $ 17.36 1% $ 17.97 (2)% Tangible common equity (“TCE”) per share(1) $ 13.51 $ 13.26 2% $ 14.10 (4)% TCE ratio(1) 9.63% 9.43% 10.08% Loan-to-deposit ratio 92.3% 90.6% 92.6% (1) TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 14

 
Summary Income Statement ($ in thousands, except share and per share data) 3Q25 2Q25 QoQ % change 3Q24 YoY % change Net interest income before provision for credit losses $ 126,642 $ 117,533 8% $ 104,809 21% Provision for credit losses 8,710 15,000 (42)% 3,280 166% Provision for credit losses excluding notable items(1) 8,710 10,539 (17)% 3,280 166% Net interest income after provision for credit losses 117,932 102,533 15% 101,529 16% Noninterest income (loss) 15,385 (22,956) N/A 11,839 30% Noninterest income excluding notable items(1) 15,385 15,900 (3)% 11,839 30% Noninterest expense 96,861 109,473 (12)% 81,268 19% Noninterest expense excluding notable items(1) 95,903 92,192 4% 79,835 20% Income (loss) before income taxes 36,456 (29,896) N/A 32,100 14% Income tax provision (benefit) 5,613 (2,015) N/A 7,941 (29)% Net income (loss) $ 30,843 $ (27,881) N/A $ 24,159 28% Net income excluding notable items(1) $ 31,593 $ 24,531 29% $ 25,171 26% Earnings (Loss) Per Common Share (“EPS”) – Diluted $ 0.24 $ (0.22) $ 0.20 EPS excluding notable items(1) – Diluted $ 0.25 $ 0.19 $ 0.21 Weighted Average Shares Outstanding – Diluted 128,593,874 128,223,991 121,159,977 (1) Provision for credit losses excluding notable items, noninterest income excluding notable items, noninterest expense excluding notable items, net income excluding notable items, and diluted EPS excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 15

 
Appendix: Non-GAAP Financial Measures Reconciliation Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below. Tangible Common Equity (TCE) ($ in thousands, except share and per share info) 9/30/25 6/30/25 9/30/24 Total stockholders’ equity $ 2,255,896 $ 2,224,117 $ 2,169,785 Goodwill and core deposit intangible assets, net (524,503) (525,428) (467,182) TCE $ 1,731,393 $ 1,698,689 $ 1,702,603 Total assets $ 18,507,735 $ 18,547,017 $ 17,354,189 Goodwill and core deposit intangible assets, net (524,503) (525,428) (467,182) Tangible assets $ 17,983,232 $ 18,021,589 $ 16,887,007 TCE ratio 9.63% 9.43% 10.08% Common shares outstanding 128,185,271 128,124,458 120,737,908 TCE per share $ 13.51 $ 13.26 $ 14.10 Pre-provision Net Revenue (PPNR) Excluding Notable Items ($ in thousands) 3Q25 2Q25 3Q24 Net interest income before provision $ 126,642 $ 117,533 $ 104,809 Noninterest income 15,385 (22,956) 11,839 Revenue 142,027 94,577 116,648 Less: noninterest expense 96,861 109,473 81,268 PPNR $ 45,166 $ (14,896) $ 35,380 Notable items: Loss on investment portfolio repositioning — 38,856 — Merger and restructuring related costs 958 17,281 1,433 Total notable items included in PPNR 958 56,137 1,433 PPNR, excluding notable items $ 46,124 $ 41,241 $ 36,813 ($ in thousands, except share and per share info) 3Q25 2Q25 3Q24 Net income (loss) $ 30,843 $ (27,881) $ 24,159 Notable items: Merger-related provision for credit losses — 4,461 — Loss on investment portfolio repositioning — 38,856 — Merger and restructuring-related costs 958 17,281 1,433 Total notable items included in pre-tax income 958 60,598 1,433 Tax effect on notable items in pre-tax income (208) (13,064) (421) Notable impact from CA state tax apportionment law change — 4,878 — Total notable items, net of tax 750 52,412 1,012 Net income excluding notable items $ 31,593 $ 24,531 $ 25,171 Diluted common shares 128,593,874 128,223,991 121,159,977 EPS excluding notable items $ 0.25 $ 0.19 $ 0.21 Average assets $ 18,545,851 18,724,864 $ 17,369,169 ROA excluding notable items (annualized) 0.68% 0.52% 0.58% Average Equity $ 2,234,244 2,220,633 $ 2,139,861 ROE excluding notable items (annualized) 5.66% 4.42% 4.71% Average TCE $ 1,709,222 $ 1,695,585 $ 1,672,442 ROTCE excluding notable items (annualized) 7.39% 5.79% 6.02% Profitability & Ratios Excluding Notable Items 16

 
Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below. ($ in thousands) 3Q25 2Q25 3Q24 Noninterest expense $ 96,861 $ 109,473 $ 81,268 Notable items: Merger and restructuring-related costs (958) (17,281) (1,433) Noninterest expense excluding notable items $ 95,903 $ 92,192 $ 79,835 Revenue $ 142,027 $ 94,577 $ 116,648 Loss on investment portfolio repositioning — 38,856 — Revenue excluding notable items $ 142,027 $ 133,433 $ 116,648 Efficiency ratio excluding notable items 67.52% 69.09% 68.44% Efficiency Ratio Excluding Notable Items ($ in thousands) 3Q25 2Q25 3Q24 Provision for credit losses $ 8,710 $ 15,000 $ 3,280 Notable merger-related provision for credit losses — (4,461) — Provision for credit losses excluding notable items $ 8,710 $ 10,539 $ 3,280 Provision for Credit Losses Excluding Notable Items ($ in thousands) 3Q25 2Q25 3Q24 Income (loss) before income taxes $ 36,456 $ (29,896) $ 32,100 Notable items before tax effect 958 60,598 1,433 Income before tax excluding notable items $ 37,414 $ 30,702 $ 33,533 GAAP income tax provision (benefit) $ 5,613 $ (2,015) $ 7,941 Tax effect on notable items in pre-tax income 208 13,064 421 Notable impact from California state tax apportionment law change — (4,878) — Income tax provision excluding notable items $ 5,821 $ 6,171 $ 8,362 Effective tax rate excluding notable items 15.56% 20.10% 24.94% Effective Tax Rate Excluding Notable Items ($ in thousands) 3Q25 2Q25 3Q24 Noninterest income (loss) $ 15,385 $ (22,956) $ 11,839 Loss on investment portfolio repositioning — 38,856 — Noninterest income excluding notable items $ 15,385 $ 15,900 $ 11,839 Noninterest Income Excluding Notable Items 17 Appendix: Non-GAAP Financial Measures Reconciliation (cont’d)

 
Diversified CRE Portfolio with Low LTVs Total CRE: Distribution by LTV (excl. SBA) < 50%: 58% 50% - 55%: 12% > 55% - 60%: 9% > 60% - 65%: 7% > 65% - 70% > 70%: 8%$8.4B CRE Portfolio (at 9/30/25) 47% Weighted Avg LTV(1) (1) Weighted average loan-to-value (“LTV”): Current loan balance divided by updated collateral value. Collateral value updates most recent available appraisal by using CoStar market and property- specific data, including submarket appreciation or depreciation, and changes to vacancy, debt service coverage or rent/sq foot • Total CRE loans of $8.4B at 9/30/25. Portfolio consists of $4.5B of nonowner-occupied CRE, $2.7B of owner-occupied CRE, and $1.2B of multifamily residential loans • CRE office: represented approximately 2% of total loans at 9/30/25 with no central business district exposure $8.4B CRE Portfolio (at 9/30/25) 6% As a % of Total Loans: Avg Loan Size: Weighted Avg LTV(1): 11% Multi-tenant Retail $1,613MM $2.5MM 41.3% 9% Industrial & Warehouse $1,286MM $2.6MM 41.3% 8% Multifamily $1,220MM $2.4MM 59.3% 8% Gas Station & Car Wash $1,116MM $1.9MM 49.7% 5% Hotel/Motel $771MM $2.2MM 40.5% 5% Mixed Use $665MM $1.8MM 49.0% 4% Single-tenant Retail $629MM $1.4MM 45.9% 2% Office $331MM $1.9MM 55.5% 6% All Other $788MM $1.6MM 41.6% 18

 
LA Fashion District Gateway Cities San Gabriel Valley South Bay LA Koreatown Other LA County (No exposure to downtown LA commercial business district) Orange County San Bernardino County Riverside County Other SoCal San Francisco, $46 Greater SF Bay Area Other NorCal Manhattan Queens County Kings County Other New York New Jersey Texas Washington Arizona Illinois Georgia Nevada Other States 9/30/2025 CRE Portfolio by Geographic Submarket ($ Millions) Granular CRE Portfolio, Diversified by Submarket Loan Size (at 9/30/25) Balance ($ Millions) # of Loans Average Loan Size ($ Millions) Weighted Average LTV(1) > $30MM $ 323 8 $ 40.4 62.7% $20MM - $30MM 596 25 23.8 49.8% $10MM - $20MM 1,226 90 13.6 51.2% $5MM - $10MM 1,681 243 6.9 48.6% $2MM - $5MM 2,339 748 3.1 46.0% < $2MM 2,254 2,975 0.8 39.7% Total CRE Portfolio $ 8,419 4,089 $ 2.1 46.5% • Loan-to-value ratios are consistently low across segments by size and by property type • Vast majority of CRE loans have full recourse and personal guarantees CRE Portfolio by Size Segment (1) Weighted average LTV: Current loan balance divided by updated collateral value. Collateral value updates most recent available appraisal by using CoStar market and property-specific data, including submarket appreciation or depreciation, and changes to vacancy, debt service coverage or rent/sq foot $8.4B CRE Portfolio (at 9/30/25) SoCal NorCal NY/NJ Texas Washington Arizona Illinois Georgia Nevada Other 19

 
EX-99.3 4 hope-09302025ex993q32025di.htm EX-99.3 Document

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News Release

HOPE BANCORP DECLARES QUARTERLY CASH DIVIDEND OF $0.14 PER SHARE


LOS ANGELES - October 28, 2025 - Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about November 21, 2025, to all stockholders of record as of the close of business on November 7, 2025.


About Hope Bancorp, Inc.
Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the only regional Korean American bank in the United States with $18.51 billion in total assets as of September 30, 2025. With the addition of Territorial Savings, a division of Bank of Hope, effective April 2, 2025, the Company became the largest regional bank catering to multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, the Bank provides a full suite of commercial, corporate and consumer loans, deposit and fee-based products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and other consumer lending; treasury management services, foreign currency exchange solutions, interest rate derivative products, and international trade financing, among others. The Bank operates 45 full-service branches in California, New York, New Jersey, Washington, Texas, Illinois, Alabama and Georgia under the Bank of Hope banner, and 29 branches in Hawaii under the Territorial Savings banner. The Bank also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices throughout the United States, and a representative office in Seoul, South Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to www.bankofhope.com for Bank of Hope and www.tsbhawaii.bank for Territorial Savings, a division of Bank of Hope. By including the foregoing website address links, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.




Contacts:
Julianna Balicka
Executive Vice President & Chief Financial Officer
213-235-3235
julianna.balicka@bankofhope.com


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