Hope Bancorp: Q1 Earnings Snapshot

The company reported a loss of $15.2 million in the quarter.

LOS ANGELES, Calif. (AP). Hope Bancorp Inc. reported a first-quarter profit of $39.1 millions on Monday.

Los Angeles-based Bank reported earnings of 33 cents a share.

The results were not as expected by Wall Street. Zacks Investment Research surveyed four analysts who estimated earnings per share of 38 cents.

The company reported revenue of $249.4 millions for the period. The company's revenue after interest expenses was $144.9 millions, also below Street expectations. Zacks surveyed three analysts who expected $153.8 millions.

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