HoldCo Asset Management Increases Stake in Hope Bancorp
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Source: Fool
- Share Acquisition: On May 15, 2026, HoldCo Asset Management disclosed an acquisition of 3,266,015 shares of Hope Bancorp, valued at approximately $37.74 million, indicating strong confidence in the company's growth potential.
- Asset Management Proportion: This purchase brings Hope Bancorp to 5% of HoldCo's 13F reportable AUM, highlighting its significance within HoldCo's investment portfolio.
- Profitability Improvement: Hope Bancorp's net income surged 40% year-over-year to $29.5 million, driven by increased net interest income and synergies from the Territorial Bancorp acquisition, reflecting a steady enhancement in profitability.
- Future Outlook: Management plans to acquire SMBC MANUBANK's commercial banking unit, which is expected to further strengthen earnings and expand relationships with middle-market businesses, suggesting that successful integration of acquisitions could lead to a more attractive valuation in the future.
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Analyst Views on HOPE
Wall Street analysts forecast HOPE stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 12.520
Low
12.00
Averages
12.00
High
12.00
Current: 12.520
Low
12.00
Averages
12.00
High
12.00
About HOPE
Hope Bancorp, Inc. is a bank holding company. The Company offers commercial and retail banking loans and deposit products through our wholly owned subsidiary, Bank of Hope (the Bank). The principal business activities are conducted through the Bank and primarily consist of earning interest on loans and investment securities, which are primarily funded by customer deposits and other borrowings. It offers commercial, corporate and consumer loans, deposit and fee-based products and services, including commercial and commercial real estate lending, Small Business Administration (SBA) lending, residential mortgage and other consumer lending, treasury management services, foreign currency exchange solutions, interest rate risk hedging products, and international trade financing, among others. It operates full-service branches at 83 leased and seven owned facilities, and it operates loan production offices at 9 leased facilities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
HoldCo Asset Management Acquires Hope Bancorp Shares
- Share Acquisition: HoldCo Asset Management acquired 3,266,015 shares of Hope Bancorp in Q1, with an estimated transaction value of $37.74 million, reflecting confidence in the bank's future growth prospects.
- Market Value Increase: The value of Hope Bancorp's holdings rose by $37.11 million at quarter-end, indicating a dual impact from trading activities and price appreciation, showcasing the company's robust performance in the market.
- Profitability Improvement: Hope Bancorp's net income surged 40% year-over-year to $29.5 million in Q1, signaling ongoing enhancements in profitability and competitive strength in the banking sector.
- Strategic Expansion: Hope Bancorp plans to acquire SMBC MANUBANK's commercial banking unit, which is expected to further bolster earnings and expand relationships with middle-market businesses, driving growth in its core deposit base.
See More
HoldCo Asset Management Increases Stake in Hope Bancorp
- Share Acquisition: On May 15, 2026, HoldCo Asset Management disclosed an acquisition of 3,266,015 shares of Hope Bancorp, valued at approximately $37.74 million, indicating strong confidence in the company's growth potential.
- Asset Management Proportion: This purchase brings Hope Bancorp to 5% of HoldCo's 13F reportable AUM, highlighting its significance within HoldCo's investment portfolio.
- Profitability Improvement: Hope Bancorp's net income surged 40% year-over-year to $29.5 million, driven by increased net interest income and synergies from the Territorial Bancorp acquisition, reflecting a steady enhancement in profitability.
- Future Outlook: Management plans to acquire SMBC MANUBANK's commercial banking unit, which is expected to further strengthen earnings and expand relationships with middle-market businesses, suggesting that successful integration of acquisitions could lead to a more attractive valuation in the future.
See More
Hope Bancorp Q1 2026 Earnings Call Insights
- Significant Income Growth: In Q1 2026, net income reached $30 million, reflecting a 40% year-over-year increase despite a quarter-over-quarter decline due to higher provisions for credit losses and income taxes, showcasing the company's resilience amid challenges.
- Acquisition Plans Advancing: Hope Bancorp announced the acquisition of the Commercial Banking unit of SMBC MANUBANK, expected to add approximately $2.5 billion in commercial and real estate loans and $2.7 billion in deposits, with the transaction anticipated to close in the second half of 2026, further strengthening the company's market position.
- Capital Buybacks and Dividends: During the first quarter, the company repurchased about 604,000 common shares totaling $7 million and declared a quarterly dividend of $0.14 per share, demonstrating a commitment to shareholder returns and effective capital management.
- Optimistic Outlook: Management expects loan growth to exceed 20% in 2026 and has adjusted total revenue growth expectations to the higher end of the 15% to 20% range, reflecting confidence in future market opportunities while emphasizing a moderate approach to managing commercial real estate loan growth ahead of the transaction closing.
See More
Hope Bancorp (HOPE) Q1 2026 Earnings Transcript
See More
Hope Bancorp Declares Quarterly Dividend
- Quarterly Dividend Announcement: Hope Bancorp declares a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Stable Yield: The forward yield of 4.43% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest.
- Payment Schedule: The dividend will be payable on May 22, with a record date of May 8 and an ex-dividend date also on May 8, ensuring shareholders receive their earnings promptly.
- Dividend Growth Potential: According to HOPE's dividend scorecard and yield chart, the company's potential for dividend growth is noteworthy, possibly providing stable returns for long-term investors.
See More
Hope Bancorp Q1 Earnings Beat Expectations Despite Revenue Miss
- Earnings Beat: Hope Bancorp reported a Q1 GAAP EPS of $0.23, exceeding expectations by $0.01, indicating stable profitability amidst a challenging market environment.
- Significant Revenue Growth: The company achieved revenue of $141.02 million, reflecting a 21.0% year-over-year increase, although it fell short of expectations by $4.28 million, raising concerns about the sustainability of growth in a competitive landscape.
- Cautious Market Reaction: Despite the earnings beat, analysts suggest that Hope Bancorp's progress does not justify an upgrade, indicating limited market confidence in the company's future growth, which may impact stock performance.
- Transparent Financial Data: The company provided detailed financial information and historical earnings data, enhancing investors' understanding of its financial health and offering critical insights for future investment decisions.
See More
HoldCo Asset Management Acquires Hope Bancorp Shares
- Share Acquisition: HoldCo Asset Management acquired 3,266,015 shares of Hope Bancorp in Q1, with an estimated transaction value of $37.74 million, reflecting confidence in the bank's future growth prospects.
- Market Value Increase: The value of Hope Bancorp's holdings rose by $37.11 million at quarter-end, indicating a dual impact from trading activities and price appreciation, showcasing the company's robust performance in the market.
- Profitability Improvement: Hope Bancorp's net income surged 40% year-over-year to $29.5 million in Q1, signaling ongoing enhancements in profitability and competitive strength in the banking sector.
- Strategic Expansion: Hope Bancorp plans to acquire SMBC MANUBANK's commercial banking unit, which is expected to further bolster earnings and expand relationships with middle-market businesses, driving growth in its core deposit base.
See More
HoldCo Asset Management Increases Stake in Hope Bancorp
- Share Acquisition: On May 15, 2026, HoldCo Asset Management disclosed an acquisition of 3,266,015 shares of Hope Bancorp, valued at approximately $37.74 million, indicating strong confidence in the company's growth potential.
- Asset Management Proportion: This purchase brings Hope Bancorp to 5% of HoldCo's 13F reportable AUM, highlighting its significance within HoldCo's investment portfolio.
- Profitability Improvement: Hope Bancorp's net income surged 40% year-over-year to $29.5 million, driven by increased net interest income and synergies from the Territorial Bancorp acquisition, reflecting a steady enhancement in profitability.
- Future Outlook: Management plans to acquire SMBC MANUBANK's commercial banking unit, which is expected to further strengthen earnings and expand relationships with middle-market businesses, suggesting that successful integration of acquisitions could lead to a more attractive valuation in the future.
See More
Hope Bancorp Q1 2026 Earnings Call Insights
- Significant Income Growth: In Q1 2026, net income reached $30 million, reflecting a 40% year-over-year increase despite a quarter-over-quarter decline due to higher provisions for credit losses and income taxes, showcasing the company's resilience amid challenges.
- Acquisition Plans Advancing: Hope Bancorp announced the acquisition of the Commercial Banking unit of SMBC MANUBANK, expected to add approximately $2.5 billion in commercial and real estate loans and $2.7 billion in deposits, with the transaction anticipated to close in the second half of 2026, further strengthening the company's market position.
- Capital Buybacks and Dividends: During the first quarter, the company repurchased about 604,000 common shares totaling $7 million and declared a quarterly dividend of $0.14 per share, demonstrating a commitment to shareholder returns and effective capital management.
- Optimistic Outlook: Management expects loan growth to exceed 20% in 2026 and has adjusted total revenue growth expectations to the higher end of the 15% to 20% range, reflecting confidence in future market opportunities while emphasizing a moderate approach to managing commercial real estate loan growth ahead of the transaction closing.
See More
Hope Bancorp (HOPE) Q1 2026 Earnings Transcript
See More
Hope Bancorp Declares Quarterly Dividend
- Quarterly Dividend Announcement: Hope Bancorp declares a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Stable Yield: The forward yield of 4.43% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest.
- Payment Schedule: The dividend will be payable on May 22, with a record date of May 8 and an ex-dividend date also on May 8, ensuring shareholders receive their earnings promptly.
- Dividend Growth Potential: According to HOPE's dividend scorecard and yield chart, the company's potential for dividend growth is noteworthy, possibly providing stable returns for long-term investors.
See More
Hope Bancorp Q1 Earnings Beat Expectations Despite Revenue Miss
- Earnings Beat: Hope Bancorp reported a Q1 GAAP EPS of $0.23, exceeding expectations by $0.01, indicating stable profitability amidst a challenging market environment.
- Significant Revenue Growth: The company achieved revenue of $141.02 million, reflecting a 21.0% year-over-year increase, although it fell short of expectations by $4.28 million, raising concerns about the sustainability of growth in a competitive landscape.
- Cautious Market Reaction: Despite the earnings beat, analysts suggest that Hope Bancorp's progress does not justify an upgrade, indicating limited market confidence in the company's future growth, which may impact stock performance.
- Transparent Financial Data: The company provided detailed financial information and historical earnings data, enhancing investors' understanding of its financial health and offering critical insights for future investment decisions.
See More
