Hope Bancorp reports Q2 EPS 32c, consensus 30c

Reports Q2 revenue $147.7M, consensus $141.07M. Reports Q2 book value per common share $17.23. Reports Q2 CET1 capital ratio 11.06%. “Throughout the second quarter, we continued to maintain high levels of capital and liquidity to prudently navigate an operating environment that is challenging for regional banks,” said Kevin Kim, chairman, president and CEO. “Year-over-year, our total capital ratio increased 51 basis points to 12.64% at June 30, 2023. At the end of the 2023 second quarter, our tangible common equity ratio (1) was a robust 8.04%.