FILING ANALYSIS · WEDNESDAY, OCTOBER 28
HOPE BANCORP INC HOPE — 8-K: Results of Operations and Financial Condition
positive
Hope Bancorp reported a 16% year-over-year and 8% quarter-over-quarter increase in net income to $35.6 million, driven by revenue growth and positive operating leverage, and also declared a quarterly cash dividend of $0.14 per common share. The company's recent acquisition of the Commercial Banking Unit of SMBC MANUBANK is expected to contribute to future earnings growth.
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