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Hope Bancorp Inc. — Third Quarter 2026 Earnings Conference Presentation (Q3 2026)
Hope Bancorp Inc. (HOPE) · 0 slides · Filed Oct 28, 2026
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Slide 1 — 2026
2026 Third Quarter Earnings Conference Call October 28, 2026
Slide 2 — Forward-Looking Statements & Additional Disclosures
Forward-Looking Statements & Additional Disclosures Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will”, “believes”, “expects”, “anticipates”, “intends”, “plans”, “estimates”, “projects”, and similar expressions and statements regarding Hope Bancorp’s strategic initiatives, the acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”), and Hope Bancorp’s future financial and operational results and capital allocation strategy. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. With respect to the acquisition of MANUBANK, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among other things: difficulties and delays in integrating Hope Bancorp and MANUBANK and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; and deposit attrition, operating costs, customer loss and business disruption following the acquisition, including difficulties in maintaining relationships with employees and customers, which may be greater than expected. For additional information concerning these and other risk factors, see Hope Bancorp’s most recent Annual Report on Form 10-K and other documents Hope Bancorp files with the SEC from time to time. Hope Bancorp does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law. 2
Slide 3 — 13.92% / 9.28%
Q3 2026 Financial Overview – Sustained Earnings Momentum Capital – Strong Position and Disciplined Deployment • Total capital ratio of 13.92% and tangible common equity (“TCE”) ratio(1) of 9.28% at 09/30/26 • Continued capital returns through a quarterly common stock dividend of $0.14 per share • Completed the acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”) on October 1, 2026. Acquired: $2.0B (after subsequent SBA loan sale) in loans, $2.6B in deposits, and received cash in net settlement(2) Deposits – Growth and Improved Funding Mix • Total deposits of $16.1B at 09/30/26, +1.5% QoQ (+6% annualized) • Continued favorable QoQ mix shift: average noninterest bearing demand deposits increased 4%, interest bearing non- maturity deposits increased 5%, while time deposits declined 3% Loans – Growth Led by C&I and Residential Mortgage • Gross loans of $15.1B at 09/30/26, +0.6% QoQ (+2% annualized). Growth led by commercial & industrial (“C&I”) and residential mortgage loans, partially offset by lower CRE balances • Gross loan-to-deposit ratio of 93.8% at 09/30/26 Asset Quality – Stable Credit Quality QoQ and Meaningful Improvement YoY • Criticized loans were $335MM (2.22% of total loans receivable) at 09/30/26, essentially stable QoQ and down 10% YoY • Nonperforming assets (“NPA”) were down 4% QoQ to $108MM at 09/30/26, or 0.57% of total assets Earnings – Continued Profitability Improvement; All Profitability Ratios up QoQ and YoY • 3Q26 highlights: revenue growth and positive operating leverage supported by earning asset growth, NIM expansion, lower funding costs, higher customer-related fee income and controlled expense growth ✓3Q26 reported earnings: net income: +8% QoQ and +16% YoY; $0.28 per diluted common share ✓3Q26 earnings excluding notable items(1) : net income: +9% QoQ and +19% YoY; $0.29 per diluted common share ✓3Q26 pre-provision net revenue(1) : $55MM, +11% QoQ and +21% YoY Total Capital & TCE Ratio(1) at 09/30/26 13.92% / 9.28% NPA/Total Assets at 09/30/26 0.57% Gross Loans at 09/30/26 $15.1B Total Deposits at 09/30/26 $16.1B 3Q26 Reported Net Income / EPS $35.6MM / $0.28 3Q26 Pre-Provision Net Revenue(1) $54.7MM (1) TCE ratio, pre-provision net revenue, net income and earnings per share excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. Pre-provision net revenue is defined as total revenue (net interest income plus noninterest income) less noninterest expense, before provision for credit losses and income taxes. (2) The net cash settlement reflects an estimated final closing statement and remains subject to adjustment. 3
Slide 4 — Capital Ratios Supporting Continued Stockholder Returns
5.00% 6.50% 10.00% TCE Ratio Leverage Ratio CET1 Capital Ratio Total Capital Ratio Well Capitalized Regulatory Minimum Capital above well capitalized regulatory minimum Capital Ratios Supporting Continued Stockholder Returns • Regulatory capital ratios essentially stable quarter-over-quarter. At 09/30/26, our CET1 capital ratio was 12.25%, and our total capital ratio was 13.92% • Negative impact of rising long-term U.S. Treasury yields on the fair value of available-for-sale securities caused a QoQ decrease in Accumulated Other Comprehensive Income (“AOCI”) in 3Q26, impacting TCE(1) by $(59)MM and TCE ratio(1) by -31 bps • Completed the MANUBANK acquisition on October 1, 2026. The transaction efficiently leveraged our current capital position. Estimating ~200 bps of impact to capital ratios, for a pro-forma post-closing CET1 ratio of ~10.20% (relative to 09/30/26 for Hope Bancorp standalone) • Returned capital to stockholders via quarterly common stock dividend of $0.14 per share, of $0.56 annualized. The $0.56 annualized dividend represented a 4.21% yield at 09/30/26 Capital Ratios Capital Ratio Comparison at 09/30/2026 09/30/2026 06/30/2026 09/30/2025 Leverage Ratio 11.01% 11.07% 10.86% Common Equity Tier 1 ("CET1") Capital Ratio 12.25% 12.27% 12.14% Tier 1 Capital Ratio 12.93% 12.95% 12.83% Total Capital Ratio 13.92% 13.95% 13.85% Tangible Common Equity (“TCE”) Ratio(1) 9.28% 9.58% 9.64% TCE Per Share(1) $13.55 $13.85 $13.53 4 9.28% 11.01% 12.25% 13.92% (1) TCE, TCE ratio and TCE per share are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. (1) Pro forma CET1 ~10.20% at MANUBANK closing
Slide 5 — Well-Diversified Loan Portfolio, Diverse & Granular Deposit Base
Nonowner -Occupied CRE C&I Owner- Occupied CRE Residential Mortgage & Other Multifamily Residential Noninterest Bearing Demand Deposits Money Market, Interest Bearing Demand & Savings Deposits Time Deposits Well-Diversified Loan Portfolio, Diverse & Granular Deposit Base Loan Composition by Product Type Deposit Composition by Product Type $16.1B Total Deposits (at 09/30/26) $1.2B (7.7%) $15.1B Gross Loans(1) (at 09/30/26) $4.5B (29.7%) $4.0B (26.5%) $5.9B (36.7%) $6.7B (41.6%) $3.5B (21.7%) $2.6B (17.3%) $2.8B (18.8%) • Gross loans of $15.1B at 09/30/26, up 1% QoQ and up 3% YoY • QoQ loan growth was led by C&I and residential mortgage loans, partially offset by lower CRE balances • Disciplined in originating new loans, prioritizing opportunities that meet our risk-adjusted return thresholds and align with our funding and profitability objectives • Total deposits of $16.1B at 09/30/26, up 1.5% QoQ and up 2% YoY • All non-maturity (noninterest bearing and interest bearing demand, money market and savings) deposits grew 6% QoQ; time deposits declined 5% • Continued favorable QoQ mix shift: growth in non-maturity deposits offset continued planned decreases in higher-cost time deposits. At 09/30/26, time deposits were 37% of total deposits, compared with 40% a year ago (1) Including loans held for sale. 5
Slide 6 — Growing Net Interest Income and Improving Net Interest Margin
Growing Net Interest Income and Improving Net Interest Margin • 3Q26 net interest income (“NII”) of $135MM, up 5% QoQ and 7% YoY, driven by earning-asset growth, higher loan yields and lower total deposit costs • 3Q26 NIM of 3.02%, up 6bps QoQ and 13bps YoY. QoQ margin expansion was supported by higher earning asset yields and an improved funding mix. 3Q26 yield on average loans increased five basis points sequentially to 5.78%; average noninterest bearing demand deposits grew 4% QoQ • Hawaii customer retail deposits carried an average cost of 1.69% at 09/30/26, reflecting the continued benefits of the Territorial acquisition Net Interest Income & Net Interest Margin 3.02% 2.96% -1bp 3Q26 NIM Expansion QoQ Change in Net Interest Margin 2Q26 3Q26 Net impact of balance sheet mix change Change in non maturity interest bearing deposit costs +6bps Increase in earning asset yields +1bp $127 $127 $124 $129 $135 2.89% 2.90% 2.90% 2.96% 3.02% 3Q25 4Q25 1Q26 2Q26 3Q26 Net Interest Income NIM (annualized) 6 ($ Millions) +6bps QoQ (%)
Slide 7 — Average Loans, Deposits, Yields & Rates
$12.4 $12.3 $12.2 $12.3 $12.4 $3.5 $3.5 $3.3 $3.4 $3.5 3Q25 4Q25 1Q26 2Q26 3Q26 Avg Interest Bearing ("IB") Deposits Avg Non IB Deposits 91% 93% 94% 94% 94% 2.88% 2.75% 2.64% 2.60% 2.58% 3.69% 3.52% 3.37% 3.31% 3.31% 4.46% 4.02% 3.75% 3.75% 3.79% 3Q25 4Q25 1Q26 2Q26 3Q26 Cost of Total Deposits (annualized) Cost of IB Deposits (annualized) Avg Fed Funds Upper Target Rate Average Loans, Deposits, Yields & Rates 5.92% 5.80% 5.69% 5.73% 5.78% 4.46% 4.02% 3.75% 3.75% 3.79% 3Q25 4Q25 1Q26 2Q26 3Q26 Avg Loan Yield (annualized) Avg Fed Funds Upper Target Rate Average Deposits Average Loans ($ Billions) ($ Billions) $14.5 $14.6 $14.7 $14.8 $15.0 0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00 3Q25 4Q25 1Q26 2Q26 3Q26 Costs of Average Deposits Relative to Fed Funds Rate Average Loan Yields Relative to Fed Funds Rate $15.6 $15.8 $15.9 $15.7 Avg Loan-to-Deposit Ratio 7 $15.9
Slide 8 — Positive Momentum in Noninterest Income
Positive Momentum in Noninterest Income • 3Q26 noninterest income increased to $22MM, up $3.1MM or 17% QoQ, and up $6.7MM or 44% YoY • QoQ increase reflected growth in customer-related income and fees and SBA loan sale gains. In addition, recognized $3.1MM in net gains on sales of other loans, which were partially offset by $1.2MM decrease in gains on sales of investment securities. • Customer driven income and fees, including deposit service fees, up 6% QoQ and up 28% YoY • Sold $72MM of SBA loans in 3Q26 for a net gain of $4.7MM, compared with $68MM sold in 2Q26 for a net gain of $4.4MM $3.2 $3.2 $3.3 $3.4 $3.4 $2.8 $2.6 $3.3 $4.4 $4.7 $1.2 $0.6 $1.2 $5.9 $9.1 $7.1 $7.7 $8.3 $3.5 $2.3 $2.7 $2.2 $5.7 3Q25 4Q25 1Q26 2Q26 3Q26 Service Fees on Deposit Accounts Net Gains on SBA Loan Sales Net Gains on AFS Securities Sale Other Customer Driven Income & Fees Other Noninterest Income Noninterest Income ($ Millions) $15.4 $18.4 $17.0 $18.9 8 $22.1
Slide 9 — Noninterest Expense Discipline & Improved Efficiency
Noninterest Expense Discipline & Improved Efficiency 68.2% 68.2% 67.0% 66.6% 65.3% 67.6% 68.2% 66.9% 65.2% 63.6% 3Q25 4Q25 1Q26 2Q26 3Q26 Efficiency Ratio (GAAP) Efficiency Ratio (ex. notable items) $54.9 $57.9 $56.2 $56.9 $58.7 $11.6 $11.5 $10.6 $11.4 $11.7 $9.7 $9.8 $9.9 $10.3 $10.8 $19.7 $20.1 $17.6 $17.8 $18.9 3Q25 4Q25 1Q26 2Q26 3Q26 Salary & Employee Benefits Occupancy & FF&E Software & Data Processing Other Expenses Efficiency Ratio $95.9 $99.3 Noninterest Expense (excluding notable items)(1)(2) ($ Millions) GAAP Noninterest Expense $96.9 $99.4 (2) $94.3 $94.5 $96.4 $98.5 $100.1 $102.8 • 3Q26 GAAP noninterest expense of $103MM, up $4MM or 4% QoQ. Excluding notable items(2), 3Q26 noninterest expense of $100MM, up 4% QoQ. Notable items in 3Q26 comprised $3MM of merger-related costs • Controlled expense growth in 3Q26 across all key areas of operating expenses. 3Q26 efficiency ratio excluding notable items(2) improved to 63.6%, down from 65.2% for 2Q26 and down from 67.6% for 3Q25 • Positive operating leverage in every quarter of 2026 to date (1) The noninterest expense chart columns represent noninterest expense excluding notable items. (2) Noninterest expense excluding notable items and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 9
Slide 10 — Stable Asset Quality, Meaningfully Improved YoY
Stable Asset Quality, Meaningfully Improved YoY • Allowance for credit losses (“ACL”) of $154MM, and ACL coverage ratio 1.03% of loans receivable at 09/30/26, unchanged QoQ • Criticized loans essentially stable QoQ $335MM at 09/30/26; meaningfully down $38MM, or 10%, YoY • Criticized loan ratio at 2.22% of total loans receivable at 09/30/26, vs. 2.24% at 06/30/26, and down 34bps YoY from 2.56% at 09/30/25 • Net charge-offs ("NCO") of $7MM in 3Q26, or 19bps of avg. loans annualized, down from $9MM, or 24bps of avg. loans annualized, in 2Q26 • 3Q26 provision for credit losses of $9MM, vs. $7MM in 2Q26, primarily reflected QoQ loan growth $153 $157 $155 $153 $154 1.05% 1.07% 1.06% 1.03% 1.03% 9/30/25 12/31/25 3/31/26 6/30/26 9/30/26 ACL ACL Coverage Ratio Provision for Credit Losses & Net Charge-Offs Nonperforming Assets Ratio Allowance for Credit Losses & Coverage Ratio Criticized Loan Ratio $9 $7 $9 $7 $9 $5 $4 $11 $9 $7 0.14% 0.10% 0.29% 0.24% 0.19% 3Q25 4Q25 1Q26 2Q26 3Q26 Provision for Credit Losses NCO NCO Ratio (ann.) ($ Millions) ($ Millions) 0.61% 0.73% 0.65% 0.59% 0.57% 9/30/25 12/31/25 3/31/26 6/30/26 9/30/26 NPAs/Total Assets 10 2.56% 2.39% 2.22% 2.24% 2.22% 9/30/25 12/31/25 3/31/26 6/30/26 9/30/26 Total Criticized Loans as a % of Total Loans (%)
Slide 11 — Completed Strategic MANUBANK Acquisition on October 1, 2026
▪ $2.0B loan portfolio (net of subsequent SBA loan sale); spot coupon at 09/30/26: 5.69% (before purchase accounting (“P.A.”) adjustments) ▪ $2.6B in deposits; spot rate at 09/30/26: 2.22% (before P.A. adjustments) ▪ Estimated P.A. discount on loans of ~$90MM (interest rate, accretable and nonaccretable credit marks) & core deposit intangible of ~$60MM ▪ All-cash transaction with no deposit premium. Received a ~$307MM net cash settlement at closing(2) ▪ Closing balance sheet also included $65MM of interest bearing Fed Funds Completed Strategic MANUBANK Acquisition on October 1, 2026 11 Strategic Rationale MANUBANK Acquisition As Noted Post-closing Actions & Integration $2.0 billion $2.6 billion 6 Total Loans(3) Total Deposits(3) California Branches(1) Balance Sheet Positioning ▪ Sold MANUBANK SBA loan portfolio on 10/21/26 for total proceeds of $191MM, without gain or loss recognized. Portfolio would have had a relatively low effective yield for Hope after acquisition ▪ Additional liquidity from the MANUBANK acquisition provides flexibility to optimize funding mix Integration & Planned Next Steps ▪ Prioritizing smooth customer transition while integrating teams and operations ▪ Planned consolidation of Woodland Hills branch in 4Q26 ▪ Planned core conversion in 4Q27 based on contract timeline Strengthens our commercial banking platform and expands our deposit franchise Enhanced commercial banking capabilities Established Japanese banking division and middle- market lending teams Diversified our deposit franchise Attractive core deposits and specialty deposit segments Expanded presence in Southern California Six(1) branches and deeper relationships with Japanese businesses operating in the U.S. Collaboration & Partnership Agreement with SMBC New opportunities to serve Japanese and multinational customers (1) 7 branches immediately acquired at closing, with 6 remaining by year-end 2026 following planned consolidation of the Woodland Hills branch. (2) The net cash settlement reflects an estimated final closing statement and remains subject to adjustment. (3) Loan balances at closing and net of subsequent SBA loan sale. Deposit balances at closing. Loan and deposit balances exclude purchase and other accounting adjustments. Transaction & Financial Highlights Structure & Consideration Acquired Loans & Deposits (2) (net of subsequent SBA loan sale) Financial Impact ▪ MANUBANK annualized noninterest expense: $136MM. Estimated run rate after fully phased-in cost savings: ~$78MM (equivalent to 40%+ cost saves) ▪ Estimated after-tax merger-related costs: ~$8MM in 4Q26 & ~$7MM in 2027 ▪ Estimated pro-forma reduction in CET1 capital ratio: ~200 bps
Slide 12 — $2.0B
MANUBANK Provides Liquidity and Improves Funding Mix 12 (1) Balances and loan-to-deposit ratios exclude purchase and other accounting adjustments. Loan balances are net of the subsequent SBA loan sale. (2) The net cash settlement reflects an estimated final closing statement and remains subject to adjustment. $2.0B Total Loans Acquired(1) $2.6B Total Deposits Acquired(1) $17.1B Pro Forma Loans $18.7B Pro Forma Deposits Pro Forma loan-to-deposit ratio(1): 91.5% (vs. 93.8% standalone at 09/30/26) Transaction Creates Excess Liquidity Provides Funding Flexibility ~$307MM Net cash settlement $191MM MANUBANK SBA loan sale proceeds $65MM Interest bearing Fed Funds account Acquired Deposits by Vertical Diversifies our deposit base $2.0B Total Loans $2.6B Total Deposits $17.1B Pro Forma Loans $18.7B Pro Forma Deposits MANUBANK Portfolio Composition at Closing Pro Forma Combined Portfolio Composition Loans(1), at Closing Deposits(1), at Closing Pro Forma Loans, 09/30/26 Pro Forma Deposits, 09/30/26 33% C&I 67% CRE 25% Noninterest Bearing DDA 68% MMDA, IBDDA & Savings 7% Time Deposits 27% C&I 58% CRE 15% Consumer & Other 22% Noninterest Bearing DDA 45% MMDA, IBDDA & Savings 33% Time Deposits Japanese Banking Division: 38% Other Specialty: 22% Trust & Estate: 20% Other Commercial: 20% Loan-to-deposit ratio(1): 77.0% (2) + + Reduces share of time deposits to 33% (vs. 37% standalone) Reduces combined cost of deposits by 5 bps
Slide 13 — Management Financial Outlook for Full-Year 2026 vs. 2025
Management Financial Outlook for Full-Year 2026 vs. 2025 Metric 2025 ($ Millions) Expected Outlook for 2026 (1) YoY Growth Comments End-of-Period Gross Loans $ 14,788 ~ 15% growth ▪YoY growth reflects a combination of organic growth and acquired loan balances from the MANUBANK acquisition Total Revenue (Net Interest Income + Noninterest Income(2) excluding notable items) $ 538 ~ 16%-18% growth ▪Earning-asset growth, higher loan yields and lower funding costs have supported higher NII, complemented by stronger customer fee income and loan sale gains ▪Includes anticipated impact of MANUBANK’s operations in 4Q26 Pre-Provision Net Revenue(2) (excluding notable items) $ 169 ~ 23%-25% growth ▪Revenue growth outpacing well-controlled expense growth, driving positive operating leverage ▪Includes anticipated impact of MANUBANK’s operations in 4Q26 (1) The Financial Outlook for 2026 reflects the Company’s updated expectations for full-year 2026 compared with actual results for full-year 2025 and is current as of October 28, 2026. The Company will not update or affirm this outlook unless and until it publicly announces such update or affirmation. The outlook reflects expectations as of the date of this presentation and depends on macroeconomic factors, including, but not limited to, the impact of U.S. and global trade policies, geopolitical instability and international tensions, and changes in market interest rates. The Financial Outlook for 2026 contains forward-looking statements. Actual results or conditions may differ materially and adversely from those included in the outlook. Please refer to the “Forward-Looking Statements” disclosure on Slide 2 of this presentation. (2) Noninterest income excluding notable items and pre-tax, pre-provision revenue excluding notable items are non-GAAP financial measures. Quantitative reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are provided in the Appendix of this presentation. Noninterest income excluding notable items excludes net loss on sale of securities AFS in 2Q25 from a securities portfolio repositioning. 13
Slide 14 — APPENDIX
APPENDIX
Slide 15 — 3Q26: Summary Balance Sheet
3Q26: Summary Balance Sheet ($ in millions, except per share data) 09/30/2026 06/30/2026 QoQ % change 09/30/2025 YoY % change Cash and due from banks $491.9 $640.4 -23% $454.9 8% Investment securities 2,395.4 2,179.3 10% 2,266.0 6% Federal Home Loan Bank (“FHLB”) stock and other investments 66.1 70.4 -6% 106.4 -38% Gross loans 15,117.8 15,034.2 1% 14,623.6 3% Allowance for credit losses (154.3) (153.2) 1% (152.5) 1% Goodwill and intangible assets 526.0 526.9 0% 524.5 0% Other assets 746.6 693.9 8% 687.9 9% Total assets $19,189.5 $18,991.9 1% $18,510.8 4% Deposits 16,116.2 15,876.5 2% 15,831.3 2% Borrowings & other debt 486.0 583.7 -17% 135.5 259% Other liabilities 329.8 235.8 40% 285.1 16% Total liabilities $16,932.0 $16,696.0 1% $16,251.9 4% Total stockholders’ equity $2,257.5 $2,295.9 -2% $2,259.0 0% Book value per share $17.67 $17.97 -2% $17.62 0% TCE per share(1) $13.55 $13.85 -2% $13.53 0% TCE ratio(1) 9.28% 9.58% 9.64% Loan-to-deposit ratio 93.8% 94.7% 92.4% (1) TCE per share and TCE ratio are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 15
Slide 16 — 3Q26: Summary Income Statement
3Q26: Summary Income Statement ($ in thousands, except share and per share data) 3Q26 2Q26 QoQ % change 3Q25 YoY % change Net interest income before provision for credit losses $135,365 $128,969 5% $126,557 7% Provision for credit losses 8,560 6,770 26% 8,710 -2% Net interest income after provision for credit losses 126,805 122,199 4% 117,847 8% Noninterest income 22,112 18,850 17% 15,385 44% Noninterest expense 102,794 98,464 4% 96,861 6% Noninterest expense excluding notable items(1) 100,144 96,406 4% 95,903 4% Income before income taxes 46,123 42,585 8% 36,371 27% Income tax provision 10,546 9,554 10% 5,595 88% Net income $35,577 $33,031 8% $30,776 16% Net income excluding notable items(1) $37,468 $34,499 9% $31,526 19% Earnings per share – Diluted $0.28 $0.26 $0.24 Earnings per share excluding notable items(1) – Diluted $0.29 $0.27 $0.25 Weighted Average Shares Outstanding – Diluted 128,624,630 128,308,861 128,593,874 (1) Noninterest expense excluding notable items, net income excluding notable items, and diluted earnings per share excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 16
Slide 17 — 3Q26: Summary Profitability Ratios
3Q26: Summary Profitability Ratios (Ratios, except per share data; annualized, except as noted) 3Q26 2Q26 3Q25 Earnings per common share – diluted (not annualized) $0.28 $0.26 $0.24 Earnings per common share – diluted excluding notable items (not annualized)(1) $0.29 $0.27 $0.25 Return on average assets (“ROA”) 0.75% 0.71% 0.66% ROA excluding notable items(1) 0.79% 0.74% 0.68% Return on average equity (“ROE”) 6.19% 5.76% 5.50% ROE excluding notable items(1) 6.52% 6.02% 5.64% Return on average tangible common equity (“ROTCE”)(1) 8.03% 7.48% 7.19% ROTCE excluding notable items(1) 8.45% 7.81% 7.36% Net interest margin 3.02% 2.96% 2.89% Efficiency ratio (not annualized) 65.28% 66.61% 68.24% Efficiency ratio excluding notable items (not annualized)(1) 63.59% 65.22% 67.56% (1) Earnings per common share - diluted excluding notable items, ROA excluding notable items, ROE excluding notable items, ROTCE, ROTCE excluding notable items, and efficiency ratio excluding notable items are non-GAAP financial measures. Quantitative reconciliations of the most directly comparable GAAP to non-GAAP financial measures are provided in the Appendix of this presentation. 17
Slide 18 — 3Q26: Non-GAAP Financial Measures Reconciliation
3Q26: Non-GAAP Financial Measures Reconciliation Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below. Noninterest Expense & Efficiency Ratio Excluding Notable Items ($ in thousands) 3Q26 2Q26 3Q25 Noninterest expense $102,794 $98,464 $96,861 Notable items: Merger related costs (2,650) (2,058) (958) Noninterest expense excluding notable items $100,144 $96,406 $95,903 Revenue $157,477 $147,819 $141,942 Efficiency ratio excluding notable items 63.59% 65.22% 67.56% Tangible Common Equity (TCE) Pre-provision Net Revenue (PPNR) Excluding Notable Items ($ in thousands, except share and per share info) 09/30/2026 06/30/2026 09/30/2025 Total stockholders’ equity $2,257,458 $2,295,852 $2,258,960 Goodwill and core deposit intangible assets, net (525,997) (526,890) (524,503) TCE $1,731,461 $1,768,962 $1,734,457 Total assets $19,189,488 $18,991,916 $18,510,799 Goodwill and core deposit intangible assets, net (525,997) (526,890) (524,503) Tangible assets $18,663,491 $18,465,026 $17,986,296 TCE ratio (TCE / tangible assets) 9.28% 9.58% 9.64% Common shares outstanding 127,758,427 127,741,836 128,185,271 TCE per share $13.55 $13.85 $13.53 ($ in thousands) 3Q26 2Q26 3Q25 Net interest income $135,365 $128,969 $126,557 Noninterest income 22,112 18,850 15,385 Revenue $157,477 $147,819 $141,942 Less: noninterest expense 102,794 98,464 96,861 PPNR $54,683 $49,355 $45,081 Notable items: Merger related costs $2,650 $2,058 $958 Total notable items included in PPNR 2,650 2,058 958 PPNR, excluding notable items $57,333 $51,413 $46,039 18 Return on Average Tangible Common Equity ($ in thousands) 09/30/2026 06/30/2026 09/30/2025 Average stockholders’ equity 2,299,264 2,293,446 2,237,375 Less: Goodwill and CDI assets, net (526,532) (527,594) (525,022) Average TCE $1,772,732 $1,765,852 $1,712,353 Net Income 35,577 33,031 30,776 ROTCE (annualized) 8.03% 7.48% 7.19%
Slide 19 — 3Q26: Non-GAAP Financial Measures Reconciliation (cont’d)
3Q26: Non-GAAP Financial Measures Reconciliation (cont’d) Profitability & Ratios Excluding Notable Items ($ in thousands, except share and per share info) 3Q26 2Q26 3Q25 Net income (GAAP) $35,577 $33,031 $30,776 Notable items: Merger related costs 2,650 2,058 958 Total notable items included in pre-tax income $2,650 $2,058 $958 Tax effect on notable items in pre-tax income (759) (590) (208) Total notable items, net of tax 1,891 1,468 750 Net income excluding notable items $37,468 $34,499 $31,526 Diluted common shares 128,624,630 128,308,861 128,593,874 EPS excluding notable items $0.29 $0.27 $0.25 Average assets 18,991,587 18,707,236 18,548,982 ROA excluding notable items (annualized) 0.79% 0.74% 0.68% Average stockholders’ equity 2,299,264 2,293,446 2,237,375 ROE excluding notable items (annualized) 6.52% 6.02% 5.64% Average TCE 1,772,732 1,765,852 1,712,353 ROTCE excluding notable items (annualized) 8.45% 7.81% 7.36% Management reviews select non-GAAP financial measures in evaluating the Company’s and the Bank’s financial performance and in response to market participant interest. Reconciliations of the most directly comparable GAAP to non-GAAP financial measures utilized by management are provided below. 19
Slide 20 — 3Q26: Diversified CRE Portfolio with Low LTVs
3Q26: Diversified CRE Portfolio with Low LTVs Total CRE: Distribution by LTV (excl. SBA) < 50%, 57% 50% - 55%: 10% > 55% - 60%: 9% > 70%: 7% $8.5B CRE Portfolio (at 09/30/26) 47% Weighted Avg LTV(1) (1) Excludes loans held for sale. (2) Weighted average loan-to-value (“LTV”): Current loan balance divided by updated collateral value. Collateral value updates most recent available appraisal by using CoStar market and property-specific data, including submarket appreciation or depreciation, and changes to vacancy, debt service coverage or rent/sq foot. • Total CRE loans of $8.5B at 09/30/26. Portfolio consists of $4.5B of nonowner-occupied CRE, $2.8B of owner-occupied CRE, and $1.2B of multifamily residential loans $8.5B CRE Portfolio (at 09/30/26) As a % of Loans(1): Avg Loan Size: Weighted Avg LTV(2): 10% Multi-tenant Retail $1,542MM $2.5MM 41.9% 9% Industrial & Warehouse $1,289MM $2.7MM 41.9% 8% Multifamily $1,158MM $2.4MM 60.0% 8% Gas Station & Car Wash $1,158MM $2.1MM 51.3% 5% Hotel/Motel $831MM $2.3MM 43.3% 5% Mixed Use $721MM $2.1MM 49.8% 4% Single-tenant $638MM $1.5MM 47.0% 2% Office $320MM $1.9MM 49.6% 5% All Other $804MM $1.7MM 40.4% 20
Slide 21 — 3Q26: Granular CRE Portfolio, Diversified by Submarket
LA Fashion District Gateway Cities San Gabriel Valley South Bay LA Koreatown Other LA County (No exposure to downtown LA commercial business district) Orange County San Bernardino County Riverside County Other SoCal San Francisco, $53 Greater SF Bay Area Other NorCal Manhattan Queens County Kings County Other New York New Jersey Texas Washington Arizona Illinois GeorgiaNevada Other States 09/30/2026 SoCal NorCal NY/NJ Texas Washington Arizona Illinois Georgia Nevada Other 3Q26: Granular CRE Portfolio, Diversified by Submarket Loan Size (at 09/30/26) Balance ($ Millions) # of Loans Average Loan Size ($ Millions) Weighted Average LTV(1) > $30MM $ 399 10 $ 39.9 62.5% $20MM - $30MM 602 26 23.2 51.5% $10MM - $20MM 1,359 100 13.6 50.8% $5MM - $10MM 1,628 239 6.8 48.4% $2MM - $5MM 2,348 747 3.1 46.7% < $2MM 2,127 2,775 0.8 40.4% Total CRE Portfolio $ 8,463 3,897 $ 2.2 47.2% • Loan-to-value ratios are consistently low across segments by size and by property type • Vast majority of CRE loans have full recourse and personal guarantees CRE Portfolio by Size Segment (1) Weighted average LTV: Current loan balance divided by updated collateral value. Collateral value updates most recent available appraisal by using CoStar market and property-specific data, including submarket appreciation or depreciation, and changes to vacancy, debt service coverage or rent/sq foot CRE Portfolio by Geographic Submarket ($ Millions) $8.5B CRE Portfolio (at 09/30/26) $426 21
Slide 22 — Thank you
Thank you