What authorization remained under Hope Bancorp's buyback program as of mid-2026?

As of June 30, 2026, $26.6 million remained available under the company's $50.0 million share repurchase authorization. At the June 30 average repurchase pace, approximately 2.4 million additional shares could be repurchased under the remaining authorization.

How did Hope Bancorp's buyback price compare to its book value?

The average repurchase price of $11.25 per share was approximately 37% below Hope Bancorp's book value per share of $17.97 as of June 30, 2026, indicating purchases were made at a meaningful discount to net tangible book value.

What was Hope Bancorp's total capital return to shareholders in the first half of 2026?

Hope Bancorp returned $44.6 million to shareholders year-to-date, consisting of $8.7 million in share repurchases and $35.9 million in quarterly dividends at 14 cents per share in Q1 and Q2 2026.

Did Hope Bancorp's buyback activity affect its regulatory capital ratios?

Hope Bancorp maintained well-capitalized regulatory ratios as of June 30, 2026, with a Common Equity Tier 1 ratio of 12.27% (above the 6.50% well-capitalized minimum), suggesting the moderate buyback pace did not materially impact capital adequacy.

HOPE 8-K Filed 2026-07-27 Execution disclosure

Hope Bancorp repurchased 772,726 shares at $11.25 average in H1 2026

Regional bank returned $44.6M to shareholders YTD through buybacks and dividends; $26.6M remains under $50M program.

Shares repurchased773K

Avg price paid$11.25

Remaining$27M

MechanismNot specified

What the filing says

Hope Bancorp, Inc. (NASDAQ: HOPE) repurchased 772,726 shares of common stock year-to-date through June 30, 2026, at an average price of $11.25 per share, for a total of $8.7 million, pursuant to its existing $50.0 million share repurchase authorization. The repurchases represent 0.6% of outstanding shares at December 31, 2025.

The company returned $44.6 million to stockholders in total during the first half of 2026 through a combination of $8.7 million in common stock repurchases and quarterly common stock dividends of 14 cents per share declared in both the first and second quarters of 2026.

As of June 30, 2026, $26.6 million remained available under the repurchase authorization. The execution mechanism was not specified in the filing; repurchases were conducted under the company's existing authorization.

The buybacks occurred as Hope Bancorp posted improved profitability, with second-quarter 2026 net income of $33.0 million, up 12% quarter-over-quarter, driven by loan growth, net interest margin expansion, lower funding costs, and increased fee income. The company maintained well-capitalized regulatory ratios and pursued its pending acquisition of the Commercial Banking Unit of SMBC MANUBANK.

Year-to-date through June 30, 2026, the Company returned $44.6 million of capital to stockholders through cash dividends and common stock repurchases. Year-to-date in 2026, the Company repurchased 772,726 shares of common stock, equivalent to 0.6% of outstanding shares at December 31, 2025, at an average price of $11.25 per share, for a total of $8.7 million, pursuant to its existing $50.0 million share repurchase authorization. — HOPE BANCORP INC 8-K filing · View on SEC EDGAR →

What this means

Hope Bancorp's repurchase of 772,726 shares year-to-date represents a modest capital return program, consuming roughly 17.5% of the $50 million authorization through mid-2026. At $11.25 per share, the average repurchase price stood below the company's June 30, 2026 book value of $17.97 per share, suggesting buybacks were executed at a discount to net tangible book value. The combined $44.6 million returned via dividends and repurchases reflects conservative capital management in a regional banking environment, with capital ratios exceeding well-capitalized thresholds. The pending MANUBANK acquisition and current profitability improvements suggest the company is balancing shareholder returns with capital preservation for potential deployment in the transaction.

Frequently asked questions

How many shares did Hope Bancorp repurchase in the first half of 2026?: Hope Bancorp repurchased 772,726 shares of common stock year-to-date through June 30, 2026, at an average price of $11.25 per share, for a total cost of $8.7 million. This represented 0.6% of outstanding shares at year-end 2025.
What authorization remained under Hope Bancorp's buyback program as of mid-2026?: As of June 30, 2026, $26.6 million remained available under the company's $50.0 million share repurchase authorization. At the June 30 average repurchase pace, approximately 2.4 million additional shares could be repurchased under the remaining authorization.
How did Hope Bancorp's buyback price compare to its book value?: The average repurchase price of $11.25 per share was approximately 37% below Hope Bancorp's book value per share of $17.97 as of June 30, 2026, indicating purchases were made at a meaningful discount to net tangible book value.
What was Hope Bancorp's total capital return to shareholders in the first half of 2026?: Hope Bancorp returned $44.6 million to shareholders year-to-date, consisting of $8.7 million in share repurchases and $35.9 million in quarterly dividends at 14 cents per share in Q1 and Q2 2026.
Did Hope Bancorp's buyback activity affect its regulatory capital ratios?: Hope Bancorp maintained well-capitalized regulatory ratios as of June 30, 2026, with a Common Equity Tier 1 ratio of 12.27% (above the 6.50% well-capitalized minimum), suggesting the moderate buyback pace did not materially impact capital adequacy.

execution regional-bank capital-return rule-10b-18

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.