Cathay General Bancorp declares $0.38 dividend

HOPE Bancorp's Executive Vice President and General Counsel, Angelee Harris, sold 3,200 shares of the company's common stock on November 12, 2026. The sale totaled $41,922, with the shares traded at prices between $13.03 and $13.15, averaging $13.1009 per share. As a result of this transaction, Ms. Harris directly owns 27,552 shares of HOPE Bancorp common stock.

The insider sale occurred as HOPE Bancorp shares are currently trading close to $13.02, marking a strong 24% return year-to-date and a 32% gain over the past year. However, the stock is categorized as one of the Most Overvalued on InvestingPro's list. Despite this, HOPE Bancorp maintains a solid dividend yield of 4.29% and has consistently paid dividends for 15 consecutive years.

Investors interested in learning more about the company and its performance can access a comprehensive Pro Research Report, which includes analysis of HOPE Bancorp and 1,400+ other US equities. In a recent quarter, HOPE Bancorp reported diluted earnings of $0.28 per share, slightly below the anticipated $0.29 per share. However, revenue for the period reached $157.45 million, up 11% year-over-year and 7% from the previous quarter, driven by factors such as loan growth, wider net interest margins, and higher fee income.