Hope Bancorp, Inc. has reported its financial results for the fourth quarter and full year ended December 31, 2025. The company recorded a net income of $34.5 million for the fourth quarter of 2025, marking a 12% increase from the third quarter of 2025 and a 42% increase from the fourth quarter of 2024.
The net interest income before provision for credit losses totaled $127.4 million for the fourth quarter of 2025, up 1% from the third quarter of 2025. The net interest margin also increased by 1 basis point to 2.90% quarter-over-quarter and expanded by 40 basis points year-over-year.
Noninterest income for the fourth quarter of 2025 totaled $18.4 million, showing a significant increase of $3.0 million or 19% from the third quarter of 2025. The company attributed this growth to a substantial increase in customer-level swap fees, higher service fees on deposit accounts, gains on the sale of securities, and increased loan-related fees.
Total assets stood at $18.53 billion at December 31, 2025, compared with $18.51 billion at September 30, 2025, and $17.05 billion at December 31, 2024. Gross loans totaled $14.79 billion at December 31, 2025, up 1% from September 30, 2025, and up 8% from December 31, 2024.
The company reported a total deposit of $15.60 billion at December 31, 2025, reflecting a decrease of 1% from the previous quarter and an increase of 9% from the same period last year.
Criticized loans decreased by 6% quarter-over-quarter to $351.1 million at December 31, 2025, down from $372.9 million at September 30, 2025. Nonperforming assets totaled $136.1 million, or 0.73% of total assets, at December 31, 2025, compared with $112.2 million, or 0.61% of total assets, at September 30, 2025.
The company recorded net charge-offs of $3.6 million for the fourth quarter of 2025, equivalent to 0.10% annualized of average loans, compared with net charge-offs of $5.1 million, or 0.14% annualized of average loans, for the third quarter of 2025.
At December 31, 2025, the company and the bank’s capital ratios continued to exceed all regulatory capital requirements generally required to meet the definition of a “well-capitalized” financial institution. Total stockholders’ equity was $2.28 billion at December 31, 2025, up 1% compared with September 30, 2025. Tangible common equity per share was $13.71 at December 31, 2025, with a TCE ratio of 9.76%.
The company will host an investor conference call on January 27, 2026, to review its unaudited financial results for the fourth quarter and full year ended December 31, 2025. Following these announcements, the company's shares moved -0.17%, and are now trading at a price of $11.70. Check out the company's full 8-K submission here.
