Hope Bancorp Inc - Company Profile
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Hope Bancorp Inc (Hope) is a bank holding company that operates through its subsidiary, Bank of Hope. The company's primary activities involve earning interest on loans and investment securities, primarily funded by customer deposits and other borrowings. Hope offers personal, business, and corporate banking, and wealth management solutions. It offers deposit accounts, including checking, savings, and money market accounts, as well as loans for single-family mortgages, auto purchases, home equity, personal needs, Small Business Administration, and corporate requirements, among others, along with card products. The company provides wealth management solutions such as bonds, mutual funds, exchange-traded funds, retirement planning, and investment services. It also provides treasury management services, trade services, and online and mobile banking solutions. It caters to retail, business, and high-net-worth individuals, with a focus on Korean-American ethnic communities in California, New York, Texas, Washington, Illinois, New Jersey, Virginia, Georgia, Florida, Alabama, Colorado, and Oregon. Hope is headquartered in Los Angeles, California, the US.
Headquarters
United States of America
Address
3200 Wilshire Blvd, Suite 1400, Los Angeles, California, 90010
Website
www.bankofhope.com
Telephone
1 213 6391700
No of Employees
1,434
Industry
Financial Services
Ticker Symbol & Exchange
HOPE (NASD)
Revenue (2025)
$967.6M
-3.3%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-38.2%
(2025 vs 2024)
Market Cap*
$1.6B
Net Profit Margin (2025)
XYZ
-36.1%
(2025 vs 2024)
* As of and is in US$
Hope Bancorp Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | ACH Origination |
| Checking | Online Bill Payment |
| Savings | EStatements |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In March, Bank of Hope signed an agreement to acquire the Commercial Banking Unit of SMBC MANUBANK. |
| 2025 | Acquisitions/Mergers/Takeovers | In May, the company merged with Territorial Bancorp Inc. |
| 2021 | Corporate Changes/Expansions | In December, the company announced the opening of a full-service branch in Duluth, Georgia, the US. |
Competitor Comparison
| Key Parameters | Hope Bancorp Inc | East West Bancorp Inc | Cathay General Bancorp | Banner Corp | CVB Financial Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Los Angeles | Pasadena | Los Angeles | Walla Walla | Ontario |
| State/Province | California | California | California | Washington | California |
| No. of Employees | 1,434 | 3,100 | 1,266 | 1,930 | 1,089 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kevin S. Kim | Chief Executive Officer; Chairman; President | Executive Board | 2019 | 67 |
| Julianna Balicka | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 46 |
| Peter J. Koh | Senior Executive Vice President; Chief Operating Officer | Senior Management | 2022 | 47 |
| Thomas P. Stenger | Senior Executive Vice President; Chief Risk Officer | Senior Management | 2022 | 66 |
| Kyu S. Kim | Senior Executive Vice President; Chief Relationship Banking Officer | Senior Management | 2025 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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