About the Company
Bank of Hope is an American bank, based in Los Angeles, that focuses on the Korean American community. The bank was first established on December 30, 1980, under the name Wilshire Bank. On November 30, 2011, Nara Bank, which was established in 1989, merged with Center Financial Corporation, which was established in 1986. Nara Bancorp, Inc., changed its name to BBCN Bancorp, Inc. Center Bank changed its name to BBCN Bank. BBCN was an acronym for Business Bank of Center and Nara.On February 15, 2013, the company acquired Pacific International Bancorp, the holding company for Pacific International Bank, a Washington state–chartered bank with four branches in the Seattle metropolitan area.In August 2013, the company acquired Foster Bankshares, Inc., and became the largest Korean American Bank in Chicago.In July 2016, BBCN Bank and Wilshire Bank merged and were rebranded as Bank of Hope, with Hope Bancorp, Inc., as the bank holding company.In 2017, the bank almost acquired U & I Financial Corp, based in Seattle, but the acquisition was called off at the last minute.In August 2017, the bank opened a branch in Houston.In late 2020, the Wall Street Journal reported that the bank faced over $3 billion of loans with payment deferrals or modifications due to the COVID-19 pandemic, which represented 170% of the bank's tier-1 capital. Over 50% of the bank's assets were in the form of commercial real-estate loans, the second-highest ratio of all banks in its size class.
Exchange
Nasdaq
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest $HOPE News
Hope Bancorp
Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and ...
After a year of 8.0% returns, Hope Bancorp, Inc.'s (NASDAQ:HOPE) share price drop last week may have less of an impact on institutional investors
Hope Bancorp is not owned by hedge funds. The company's largest shareholder is BlackRock, Inc., with ownership of 15%. For context, the second largest shareholder holds about 11% of the shares ...
Hope Bancorp to Participate in the 2024 KBW Winter Financial Services Conference
Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Chairman, President and Chief Executive Officer Kevin S. Kim and Executive Vice President and Chief Financial Officer Julianna Balicka will ...
Hope Bancorp to Participate in the Piper Sandler 2024 Western Financial Services Conference
Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that Executive Vice President and Chief Financial Officer Julianna Balicka will be participating in the Piper Sandler 2024 Western Financial ...
U.S. Bank cuts outlook for interest income in 2024
U.S. Bank executives said they hope to see some recovery in net interest income during the second half of 2024, but didn't ...
Bank of Hope Review 2024
See how we rate banking products to write unbiased product reviews. The bottom line: Bank of Hope is a worthwhile option if you want to work with a bank that invests in its community. But you can ...
CGS International rebrands, with hope of becoming a global investment bank
Rebranding follows purchase of remaining stake in its joint-venture with CIMB in December 2023. Read more at straitstimes.com ...
Hope Bancorp Inc.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Hope Bancorp (NASDAQ: HOPE)
Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and ...
Hope Bancorp Inc HOPE
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...
Hope Bancorp Inc
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Loading the latest forecasts...