Hope Bancorp Files 8-K on Financials and Operations
Ticker: HOPE · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1128361
| Field | Detail |
|---|---|
| Company | Hope Bancorp Inc (HOPE) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $0.14 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, operations
TL;DR
HOPE files 8-K: Financials and operations update out today.
AI Summary
Hope Bancorp, Inc. filed an 8-K on October 28, 2024, reporting on its results of operations and financial condition. The filing also included disclosures related to Regulation FD, other events, and financial statements and exhibits. The company, formerly known as BBCN Bancorp Inc. and Nara Bancorp Inc., is incorporated in Delaware and headquartered in Los Angeles, California.
Why It Matters
This 8-K filing provides investors with crucial updates on Hope Bancorp's financial performance and operational status, impacting their investment decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and does not appear to contain any significant new risks or negative developments.
Key Players & Entities
- HOPE BANCORP INC (company) — Registrant
- BBCN BANCORP INC (company) — Former Company Name
- NARA BANCORP INC (company) — Former Company Name
- Delaware (jurisdiction) — State of Incorporation
- Los Angeles, California (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing for Hope Bancorp, Inc.?
The primary purpose of this 8-K filing is to report on Hope Bancorp, Inc.'s results of operations and financial condition, as well as to include disclosures related to Regulation FD, other events, and financial statements and exhibits.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on October 28, 2024.
What were Hope Bancorp, Inc.'s former names?
Hope Bancorp, Inc. was formerly known as BBCN BANCORP INC and NARA BANCORP INC.
In which state is Hope Bancorp, Inc. incorporated?
Hope Bancorp, Inc. is incorporated in Delaware.
What is the address of Hope Bancorp, Inc.'s principal executive offices?
The address of Hope Bancorp, Inc.'s principal executive offices is 3200 Wilshire Boulevard, Suite 1400, Los Angeles, California 90010.
Filing Stats: 757 words · 3 min read · ~3 pages · Grade level 9.5 · Accepted 2024-10-28 07:35:11
Key Financial Figures
- $0.001 — of the Act: Common Stock , par value $0.001 per share HOPE NASDAQ Global Select Mar
- $0.14 — s declared a quarterly cash dividend of $0.14 per common share. The cash dividend is
Filing Documents
- hope-20241028.htm (8-K) — 30KB
- hope-09302024ex991financia.htm (EX-99.1) — 1026KB
- hopeq32024ccdeck.htm (EX-99.2) — 33KB
- hope-09302024ex993q32024di.htm (EX-99.3) — 7KB
- hb_logoxhorizxgradientxrgba.jpg (GRAPHIC) — 153KB
- hopebancorpa03a.jpg (GRAPHIC) — 7KB
- hopeq32024ccdeck001.jpg (GRAPHIC) — 83KB
- hopeq32024ccdeck002.jpg (GRAPHIC) — 263KB
- hopeq32024ccdeck003.jpg (GRAPHIC) — 143KB
- hopeq32024ccdeck004.jpg (GRAPHIC) — 145KB
- hopeq32024ccdeck005.jpg (GRAPHIC) — 95KB
- hopeq32024ccdeck006.jpg (GRAPHIC) — 95KB
- hopeq32024ccdeck007.jpg (GRAPHIC) — 114KB
- hopeq32024ccdeck008.jpg (GRAPHIC) — 141KB
- hopeq32024ccdeck009.jpg (GRAPHIC) — 109KB
- hopeq32024ccdeck010.jpg (GRAPHIC) — 96KB
- hopeq32024ccdeck011.jpg (GRAPHIC) — 68KB
- hopeq32024ccdeck012.jpg (GRAPHIC) — 106KB
- hopeq32024ccdeck013.jpg (GRAPHIC) — 117KB
- hopeq32024ccdeck014.jpg (GRAPHIC) — 141KB
- hopeq32024ccdeck015.jpg (GRAPHIC) — 27KB
- hopeq32024ccdeck016.jpg (GRAPHIC) — 118KB
- hopeq32024ccdeck017.jpg (GRAPHIC) — 111KB
- hopeq32024ccdeck018.jpg (GRAPHIC) — 112KB
- hopeq32024ccdeck019.jpg (GRAPHIC) — 126KB
- 0001128361-24-000034.txt ( ) — 4555KB
- hope-20241028.xsd (EX-101.SCH) — 2KB
- hope-20241028_lab.xml (EX-101.LAB) — 21KB
- hope-20241028_pre.xml (EX-101.PRE) — 12KB
- hope-20241028_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On October 28, 2024, 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, 2024. A copy of the October 28, 2024, news release is furnished as Exhibit 99.1 and incorporated herein by reference.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure The Company previously announced that it will host an investor conference call on Monday, October 28, 2024, 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, 2024. 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.
01 Other Events
Item 8.01 Other Events. On October 28, 2024, 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, 2024, to all stockholders of record as of the close of business on November 7, 2024. A copy of the October 28, 2024, news release is furnished as Exhibit 99.3 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description of Exhibit 99.1 News release, dated October 28 , 2024, concerning the results of operations and financial condition for the third quarter ended and as of September 30, 2024. 99.2 2024 Third Quarter Earnings Presentation, dated October 28 , 2024. 99.3 News release, dated October 28 , 2024, announcing the declaration of a quarterly cash dividend. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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, 2024 By: /s/ Kevin S. Kim Kevin S. Kim Chairman, President and Chief Executive Officer