Hope Bancorp, Inc. (HOPE)
Company Description
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States.
The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans.
The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing.
In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services.
As of December 31, 2021, the company operated 47 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Atlanta, Houston, Dallas, Denver, Portland, Seattle, Fremont, and Southern California; and a representative office in Seoul, Korea.
Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
| Country | United States |
| IPO Date | Dec 27, 1996 |
| Industry | Banks |
| Sector | Financials |
| Employees | 1,509 |
| CEO | Kevin Kim |
Contact Details
Address: 3200 Wilshire Blvd Ste 1400 Los Angeles, California 90010-1325 United States | |
| Phone | 213 639 1700 |
| Website | ir-hopebancorp.com |
Stock Details
| Ticker Symbol | HOPE |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | US Dollars |
| CIK Code | 0001128361 |
Key Executives
| Name | Position |
|---|---|
| Kevin Sung Kim J.D. | Chairman, President and Chief Executive Officer |
| Alex Ko | Senior Executive Vice President and Chief Financial Officer |
| Kyu S. Kim | Senior Executive Vice President and Regional President of Eastern Region-Bank of Hope |
| Thomas P. Stenger | Executive Vice President and Chief Risk Officer |
| Peter J. Koh | Senior Executive Vice President and Chief Operating Officer |
| Daniel H. Kim | Executive Vice President and Chief Strategy and Administrative Officer |
| Angie Yang | Senior Vice President and Director of IR and Corporate Communications |
| Angelee J. Harris | Executive Vice President, General Counsel and Corporate Secretary |
| Jason K. Kim | Senior Executive Vice President and President of Western Regional of Bank of Hope |
| Andy Chan | Executive Vice President and Chief Internal Audit Executive |