Hope Bancorp stock gained 1.33 percent after MANUBANK deal
Published on 10/05/2026 at 15:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hope Bancorp stock (ISIN US43940T1097) was last at USD 13.68 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up 1.33 percent from the prior session. The central event is the completed acquisition of SMBC MANUBANK's commercial banking unit, announced by Hope Bancorp on October 1, 2026.
MANUBANK expands California footprint
The transaction adds seven California locations, experienced commercial bankers and established client relationships to Bank of Hope, according to Hope Bancorp. The company said the closing also activated a collaboration agreement with SMBC to serve Japan-based middle-market and retail customers that need banking services in the United States.
The scale is visible in the balance sheet. Hope Bancorp reported total assets of USD 18.99 billion as of June 30, 2026, while the acquisition broadens its commercial presence in Greater Los Angeles and adds a new channel for multinational clients.
Q2 earnings beat consensus
Hope Bancorp's second-quarter 2026 results provide the operating baseline for the deal. MarketBeat reported quarterly earnings of USD 0.27 per share and revenue of USD 147.82 million for the period ended June 30, 2026. Earnings exceeded the USD 0.26 consensus estimate by USD 0.01, while revenue topped the USD 146.50 million estimate by USD 1.32 million.
The company also reported USD 33.0 million in second-quarter net income and a 2.96 percent net interest margin. For investors, the key test is whether the newly enlarged commercial platform can support funding and fee growth while integration costs remain controlled.
Analysts see room above USD 13.68
MarketBeat lists a Moderate Buy consensus from five analysts, including three Buy ratings and two Hold ratings. The average 12-month price target is USD 15.50, which lies 13.3 percent above the October 2 price of USD 13.68.
The analyst picture includes dated target increases. DA Davidson raised its target from USD 15.00 to USD 16.00 on July 28, 2026, while Keefe, Bruyette and Woods lifted its target from USD 14.00 to USD 15.00 on August 3, 2026, according to MarketBeat.
Next results arrive October 26
Hope Bancorp is scheduled to report its next earnings on October 26, 2026, according to Investing.com. That report should give investors the first reported update on the MANUBANK integration after the October 1 closing.
HOPE stock holds above USD 13
HOPE was last at USD 13.68 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. The session range was USD 13.60 to USD 13.80, and the 52-week range was USD 9.80 to USD 14.59.
Hope Bancorp stock key facts
- Company: Hope Bancorp, Inc.
- ISIN: US43940T1097
- Ticker: HOPE
- Trading venue: NASDAQ
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 13.68
- Market capitalization: USD 1.7 billion (as of October 2, 2026)
- 52-week range: USD 9.80-14.59 (as of October 2, 2026)
- Volume: 1,329,521 shares
- Sector / Industry: Financial Services / Banks - Regional
Upcoming dates for Hope Bancorp stock
- October 26, 2026: Third-quarter earnings report
