Hope Bancorp: Q2 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Hope Bancorp Inc. (HOPE) on Monday reported second-quarter profit of $38 million.
The Los Angeles-based bank said it had earnings of 32 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.
The bank holding company posted revenue of $284.2 million in the period. Its revenue net of interest expense was $147.7 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $137.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOPE at https://www.zacks.com/ap/HOPE
