Hope Bancorp, Inc. HOPE

Company Overview

Hope Bancorp, Inc. is a U.S.-based bank holding company headquartered in Los Angeles, California, and the parent company of Bank of Hope, a regional commercial bank serving primarily small and medium-sized businesses, professionals, and consumers. The company operates in the banking and financial services industry, with a strategic emphasis on commercial banking, commercial real estate lending, small business lending, trade finance, and consumer banking. Its revenue is primarily generated through net interest income from loans and securities, alongside fee-based income from deposit services, trade finance activities, and treasury management solutions.

The company was formed through the 2016 merger of BBCN Bancorp, Inc. and Wilshire Bancorp, Inc., creating one of the largest Korean American banking institutions in the United States. Since the merger, Hope Bancorp has expanded its customer base beyond the Korean American community while maintaining strong relationships within that market segment. The company’s strategic positioning has historically centered on relationship banking, multilingual customer service capabilities, and expertise in serving immigrant-owned businesses and cross-border commercial activity involving the United States and Asia.