Hope Bancorp Inc

Overview

Hope Bancorp Inc (Hope) is a bank holding company that offers personal, business, and corporate banking; and wealth management solutions. It provides deposit accounts such as checking, savings, and money market; and loans for single-family mortgages, auto purchase, home equity, personal needs, small business administration, and corporate requirements, among others; and card products. The company provides wealth management solutions such as bonds, mutual funds, exchange-traded funds, insurance, and retirement planning, and investment services. It also provides treasury management services, trade services, and online and mobile banking solutions. It caters to retail, business, high net worth individuals, with a focus on Korean-American ethnic communities in California, New Jersey, New York, Texas, Washington D.C. Virginia, Alabama, and Illinois. Hope is headquartered in Los Angeles, California, the US.
Key Stats
Address
3200 Wilshire Blvd Ste 1400, LOS ANGELES, California
Headquarters

United States of America

Contact

1 213 6391700

No of Employees

1,408

Industry

Financial Services

Ticker Symbol & Exchange​

HOPE [NASD]

Revenue (2020)

$652 m

-11.2% (2020 vs 2019)
Net Income (2020)

$112 m

-34.5% (2020 vs 2019)
Net Profit Margin

17 %

-26.6% (2020 vs 2019)
Market Cap *

$1,653 m

EPS *

$0.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Hope Bancorp IncEast West Bancorp IncCathay General BancorpBanner Corp
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City LOS ANGELES PASADENA LOS ANGELES WALLA WALLA
Headquarter State/Province California California California Washington
No. of Employees 1,408 3,200 1,205 2,061
Entity Type Public Public Public Public

Products & Services

Hope is a US-based bank holding company. Key products and services offered by the company include:

Products
  • Accounts and Deposits:
  • Checking
  • Savings
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Services
  • Online Bill Payment
  • EStatements
  • Foreign Exchange Services
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Kevin S. Kim Chief Executive Officer; Chairman; President Executive Board 2019 63 Mr. Kevin S. Kim has been the Chairman, President and Chief Executive Officer of Hope and the Chairman and the...
David P. Malone President; Chief Operating Officer Senior Management 2019 70 Mr. David P. Malone has been the Chief Operating Officer and the President at Bank of Hope since July 2019....
Alex Ko Chief Financial Officer - Bank of Hope and Hope Bancorp Inc.; Executive Vice President - Bank of Hope and Hope Bancorp Inc. Senior Management 2017 54 Mr. Alex Ko has been the Chief Financial Officer and Executive Vice President of the company and its subsidiary, Bank...
Peter Koh Chief - Credit officer; Executive Vice President - Bank of Hope Senior Management 2016 44 Mr. Peter Koh has been an Executive Vice President and the Chief Credit Officer at the Bank of Hope since...
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History

Year Event Description
2019 Corporate Changes/Expansions In May, Dimensional Fund Advisors LP further purchased 4,212 shares in the company to boost…
2018 Plans/Strategy In December, Hope announced its intentions to increase the effectiveness of its operating centers, which…
2017 Acquisitions/Mergers/Takeovers In January, the company acquired the US based U&I Financial Corp.
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Locations


Wilshire Statutory Trust II
Center Capital Trust I
Wilshire Statutory Trust III
Nara Statutory Trust VI
BBCN Bank Scholarship Foundation
Hope Scholarship Foundation
Saehan Capital Trust I
Wilshire Statutory Trust IV

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
08 Jun 2018 Hope Bancorp Raises Additional USD17.5 Million in Private Placement of 2% Convertible Senior Notes Due 2038 Debt Offering Hope Bancorp Inc
07 May 2018 Hope Bancorp to Raise USD200 Million in Private Palcement of Convertible Notes Due 2038 Debt Offering Hope Bancorp Inc
16 Apr 2013 Foster Bankshares to merge with BBCN Bancorp Merger Hope Bancorp Inc Foster Bankshares, Inc.; Hope Bancorp Inc
22 Oct 2012 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

170

Active Jobs

57

Posted

45

Closed

Job Trends

Latest Jobs

Job title Company Country
SBA Portfolio Support Specialist Hope Bancorp Inc United States
VP & Portfolio Review Officer Hope Bancorp Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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