Hope Bancorp, Inc.
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About
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope, one of the largest Korean-American banks in the United States. Headquartered in Los Angeles, California, the company provides comprehensive banking services primarily to Korean-American and other minority communities, as well as small and medium-sized businesses across the country. Bank of Hope offers traditional banking products including commercial and consumer lending, residential mortgages, trade finance, small business administration loans, treasury management, and deposit services through its network of approximately 60 full-service branches located in key markets including California, Texas, Illinois, New York, Washington, Alabama, New Jersey, and Virginia. The company also maintains loan production offices in several additional states and operates an SBA loan production office in Seattle. As of recent reports, Hope Bancorp employs over 1,000 people and manages assets exceeding $17 billion. The bank serves a diverse client base while maintaining deep expertise in serving immigrant communities and businesses with international banking needs, particularly those with ties to the Pacific Rim. Hope Bancorp was formed through the 2016 merger of BBCN Bancorp and Wilshire Bancorp, creating a stronger combined entity with enhanced market presence and operational scale in the Korean-American banking sector.