NASDAQ$HOPE
Hope Bancorp Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Hope Bancorp's Q3 2022 financial results were reported, demonstrating a strong performance with record loan originations and improvements in asset quality.
Hope Bancorp reported a strong third quarter in 2022, with net income of $53.7 million, or $0.45 per diluted common share. The company saw record loan originations, increased net interest income, and improvements in asset quality. Pre-provision net revenue also reached a record high.
- Loan originations reached a record $1.35 billion, with commercial loans accounting for 55% of the total.
- Loans receivable increased by 6.5% quarter-over-quarter.
- Total nonperforming assets decreased by 12% quarter-over-quarter, representing 0.51% of total assets.
- Net interest income increased by 8% quarter-over-quarter and 18% year-over-year.
Headline financials
Revenue & EPS history
Hope Bancorp · Revenue · Quarterly
$167M
Forward guidance
Hope Bancorp's board and management team are confident in their ability to navigate current challenges and deliver strong financial results for stockholders in the long term.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+1.2%
Avg return
30 days after
50%
33 / 66 earnings
Positive
+13.9%
Q1 2020
Best reaction
-8.6%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | -0.5% | -1.0% | |
| Q4 2025 | +3.2% | +1.7% | +0.0% | |
| Q3 2025 | +1.0% | -1.8% | +0.3% | |
| Q2 2025 | -0.6% | -2.2% | +3.1% | |
| Q1 2025 | +1.8% | +5.2% | +5.4% | |
| Q4 2024 | +1.1% | -3.8% | -10.8% | |
| Q3 2024 | +0.0% | -0.9% | +10.4% | |
| Q2 2024 | -2.6% | -9.6% | -6.1% | |
| Q1 2024 | -8.6% | -1.1% | -7.7% | |
| Q4 2023 | -7.3% | -8.7% | -8.2% | |
| Q3 2023 | -4.6% | -1.8% | +12.7% | |
| Q2 2023 | +4.1% | +14.3% | -0.9% | |
| Q1 2023 | -6.0% | -6.1% | -13.0% | |
| Q4 2022 | -4.2% | -3.1% | -0.8% | |
| Q3 2022 | +1.1% | +1.5% | +3.0% | |
| Q2 2022 | +3.7% | +2.3% | +10.6% | |
| Q1 2022 | +3.5% | -0.3% | -10.3% | |
| Q4 2021 | +11.9% | +7.1% | +7.0% | |
| Q3 2021 | +0.0% | -1.6% | +5.1% | |
| Q2 2021 | +6.0% | +3.6% | +7.8% | |
| Q1 2021 | -2.1% | -3.0% | -0.6% | |
| Q4 2020 | -7.2% | -9.0% | +8.7% | |
| Q3 2020 | +3.3% | +10.2% | +22.2% | |
| Q2 2020 | +0.0% | +0.0% | +1.8% | |
| Q1 2020 | +13.9% | +5.5% | +10.9% | |
| Q4 2019 | +0.9% | -2.1% | -2.5% | |
| Q3 2019 | +2.6% | -1.3% | -1.1% | |
| Q2 2019 | +2.4% | +4.1% | -3.9% | |
| Q1 2019 | +0.5% | -2.7% | -0.1% | |
| Q4 2018 | +3.8% | +4.5% | +5.3% | |
| Q3 2018 | -4.3% | -7.5% | -5.6% | |
| Q2 2018 | -3.5% | -1.0% | -0.6% | |
| Q1 2018 | -5.5% | -4.1% | +0.6% | |
| Q4 2017 | +2.6% | +0.2% | -2.7% | |
| Q3 2017 | +2.1% | +5.1% | +0.5% | |
| Q2 2017 | -3.3% | -3.3% | -9.4% | |
| Q1 2017 | -5.7% | -4.3% | -6.5% | |
| Q4 2016 | +5.6% | -0.1% | +1.7% | |
| Q3 2016 | -4.8% | -4.7% | +12.7% | |
| Q2 2016 | -1.5% | -1.0% | +11.5% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | +2.2% | — | — | |
| Q3 2015 | -0.2% | — | — | |
| Q2 2015 | +0.8% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q4 2013 | +2.4% | — | — | |
| Q3 2013 | +0.6% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q4 2012 | +3.8% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | +0.1% | — | — | |
| Q1 2011 | -2.0% | — | — | |
| Q4 2011 | -2.0% | — | — | |
| Q1 2012 | +2.0% | — | — | |
| Q4 2009 | +5.2% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q3 2010 | -4.6% | — | — | |
| Q2 2011 | -5.2% | — | — | |
| Q2 2010 | -5.2% | — | — | |
| Q4 2010 | -5.2% | — | — | |
| Q1 2010 | +10.2% | — | — |
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