On July 16, 2019, Hope Bancorp, Inc. (“HOPE” or the “Company”) issued a news release concerning its results of operations and financial condition for the second quarter ended and as of June 30, 2019. A copy of the July 16, 2019 press release is attached hereto as Exhibit 99.1.

Item 8.01 Other Events.

On July 16, 2019, the Company issued a news release announcing that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The cash dividend is payable on or about August 9, 2019 to all stockholders of record as of the close of business on July 26, 2019. A copy of the July 16, 2019 press release is attached hereto as Exhibit 99.2.

On July 16, 2019, the Company issued a news release announcing that its Board of Directors approved a share repurchase program that authorizes the Company to repurchase up to $50 million of its common stock. Share repurchases may be executed through various means, including, without limitation, open market transactions, privately negotiated transactions or by other means as determined by the Company\’s management and in accordance with the regulations of the Securities and Exchange Commission. A copy of the July 16, 2019 press release announcing the share repurchase program is attached hereto as Exhibit 99.3.

Item 7.01. Regulation FD Disclosure

The Company previously announced that it will host an investor conference call on Wednesday, July 17, 2019 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial results for its second quarter ended June 30, 2019. A presentation to accompany the conference call, which contains certain historical and forward-looking information relating to the Company (the “Presentation Materials”), has been made available at the Investor Relations section of Hope Bancorp’s website at www.ir-hopebancorp.com. A copy of the Presentation Materials is attached hereto as Exhibit 99.4.

The information included in this report to Item 2.02, Item 8.01 and Item 7.01 of Form 8-K (including Exhibit 99.1, Exhibit 99.2, Exhibit 99.3 and Exhibit 99.4) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description of Exhibit

HOPE BANCORP INC Exhibit
EX-99.1 2 hope-06x30x19ex991.htm EXHIBIT 99.1 Exhibit News ReleaseHOPE BANCORP REPORTS 2019 SECOND QUARTER FINANCIAL RESULTSLOS ANGELES - July 16,…
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About HOPE BANCORP, INC. (NASDAQ:HOPE)

Hope Bancorp, Inc., formerly BBCN Bancorp, Inc., is the holding company of Bank of Hope. Bank of Hope is the regional Korean-American bank in the United States. Bank of Hope operates approximately 85 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia and Alabama. The Bank also operates small business administration (SBA) loan production offices in Seattle, Denver, Dallas, Atlanta, Northern California, Annandale, Virginia, Portland, Oregon and Fremont, California; residential mortgage loan production offices in California, and a representative office in Seoul, Korea. Bank of Hope specializes in business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).