Hope Bancorp
Hope Bancorp is a publicly traded regional bank holding company (NASDAQ: HOPE) operating through Bank of Hope, providing commercial lending and deposit services to Asian-American entrepreneurs, Asian multinational companies, and middle-market borrowers across California and Hawaii.
- Company typePublic
- Founded1980
- HeadquartersLos Angeles, United States
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What Hope Bancorp does
Hope Bancorp is a publicly traded bank holding company (NASDAQ: HOPE) headquartered in Los Angeles that operates through its wholly-owned subsidiary Bank of Hope, a regional bank focused on Korean-American and broader Asian-American business communities as well as middle-market commercial and industrial borrowers. The company originated as Wilshire Bank in 1980 and took its current form following a 2016 merger with BBCN Bank. Its core banking activities consist of commercial lending, deposit services, and traditional branch-based banking across California and — more recently — Hawaii (via the completed Territorial Bancorp acquisition in 2025).
Revenue is generated primarily through net interest income from the company's $18.99 billion asset base, with a Q2 2026 net interest margin of 2.96% (up 27 basis points year-over-year) supplemented by non-interest fee income from deposit and banking services. The go-to-market is a sales-led, relationship-banking model distributed through a regional branch network. Distribution is differentiated by cultural and linguistic competency serving Asian-American entrepreneurs, plus cross-border capabilities for Asian multinationals — most notably Japanese corporates via a strategic partnership with SMBC formed in connection with the pending acquisition of SMBC MANUBANK's commercial banking unit (announced April 2026, expected H2 2026 close, $2.5B loans, $2.7B deposits, eight LA branches).
Hope Bancorp firmographics
Firmographics- Name
- Hope Bancorp
- Legal name
- Hope Bancorp
- Website
- https://hopebancorp.com
- Company type
- Public
- Founded year
- 1980
- Operating status
- Operating
- Short description
- Hope Bancorp is a publicly traded regional bank holding company (NASDAQ: HOPE) operating through Bank of Hope, providing commercial lending and deposit services to Asian-American entrepreneurs, Asian multinational companies, and middle-market borrowers across California and Hawaii.
- Ownership category
- akta.pro rank
Hope Bancorp industry classification
Industry- Product category
- Regional Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- SME/Industrial Development Banks (FSABAKAF)
Keywords
Where Hope Bancorp is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Hope Bancorp business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Primary revenue stream from interest earned on loans (commercial and industrial lending) and securities. Net interest margin of 2.96% with 27 basis-point improvement year-over-year.
- Non-interest Income: Fee income and other banking services including deposit-related fees and service charges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Quarterly | Quarterly dividend |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Hope Bancorp product offering
Product offeringCore offering
Hope Bancorp operates as a bank holding company, providing commercial and consumer banking services through its primary subsidiary Bank of Hope. The company focuses on commercial and industrial lending, deposit products, and cross-border banking services tailored for Asian-American entrepreneurs and Asian multinational companies. It serves markets across California, Hawaii, New York, New Jersey, Washington, and Texas through a physical branch network and digital banking platform.
Product overview
Hope Bancorp operates as a bank holding company with its core subsidiary Bank of Hope, a Korean-owned regional bank based in Los Angeles. The company offers commercial and industrial lending, deposit products, and traditional banking services. Hope Bancorp has pursued growth through acquisitions, including the completed Territorial Bancorp acquisition expanding its Hawaii presence and the pending acquisition of SMBC MANUBANK's commercial banking unit expected to close in H2 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Bank of Hope Banking Services
- Commercial and Industrial Lending
- Deposit Products and Services
- Cross-Border Middle Market Banking
Quantifiable outcome
- Net interest margin expanded to 2.96%, a 27 basis-point improvement year-over-year
- +4 more outcomes
Companies that use Hope Bancorp
Customer profileSegments3 records
Ideal customer profiles4 records
Hope Bancorp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hope Bancorp partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SMBC MANUBANK (Sumitomo Mitsui Banking Corporation subsidiary)coreHope Bancorp's subsidiary Bank of Hope agreed to acquire the Commercial Banking Unit of SMBC MANUBANK in an all-cash transaction expected to close in H2 2026. The deal includes approximately $2.5 billion in loans, $2.7 billion in deposits, and eight branches in Los Angeles. The transaction will establish a strategic partnership with SMBC to serve Japanese clients operating in the United States, deepening cross-border middle market banking services for Asian-American entrepreneurs and Asian multinational companies.
Scale indicators12 records
Recent moves5 records
Expansion highlights5 records
Hope Bancorp competitors and assessment
Company assessmentRegional players
- Bank of Hawaii: Ticker BOH, the largest Hawaii-based bank and a direct counterparty in the Hawaii market following Hope Bancorp's Territorial Bancorp acquisition. Comparable in Hawaii-specific franchise dynamics and deposit gathering.
- Central Pacific Financial: Ticker CPF, a Hawaii-based community bank with a similar SMB and CRE focus. Becomes a relevant in-market peer post-Territorial acquisition.
Direct peers
- East West Bancorp: Ticker EWBC, East West is the largest Asian-American focused bank in the US, sharing the Asian-American SMB and cross-border trade finance niche with Hope Bancorp and competing in overlapping California and Asian-community markets.
- Cathay General Bancorp: Ticker CATY, Cathay General is a Chinese-American focused bank headquartered in Los Angeles, directly comparable in Asian-American SMB and C&I banking, with a similar California-anchored regional footprint.
- Hanmi Financial Corporation: Ticker HAFC, Hanmi Financial is the other major Korean-American focused bank in the US, with a similar mid-cap regional footprint and C&I lending orientation. Directly comparable to Bank of Hope by customer base, geography, and product mix.
Broad incumbents
- CVB Financial: Ticker CVBF, a California-anchored community bank focused on C&I lending. Comparable by size, business model, and California exposure, though without Hope Bancorp's Asian-American niche.
- Western Alliance Bancorporation: Ticker WAL, a much larger Arizona-based regional bank with a strong West Coast presence and a tech-enabled commercial banking franchise. Competes with Hope Bancorp in middle-market C&I lending and is often cited as a head-to-head comparison for scale and margin.
- Pacific Premier Bancorp: Ticker PPBI, a California-based regional bank with a similar C&I and CRE focus. Comparable in size and geography, providing a useful benchmark for California regional bank performance.
- First Interstate BancSystem: Ticker FIBK, a mid-cap regional bank similar in size to Hope Bancorp with a comparable C&I and CRE lending model. Useful as a cross-region benchmark for mid-cap regional bank economics.
- Customers Bancorp: Ticker CUBI, a mid-cap commercial bank with a regional and specialty lending orientation. Comparable to Hope Bancorp by asset size, growth profile, and C&I lending focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Hope Bancorp social profiles
Digital presenceHope Bancorp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hope Bancorp leadership team
Management profileNumber of profiles
Profiles2 records
Hope Bancorp subsidiaries and ownership
Company hierarchySubsidiaries2 records
Hope Bancorp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hope Bancorp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hope Bancorp
What does Hope Bancorp do?
Hope Bancorp operates as a bank holding company, providing commercial and consumer banking services through its primary subsidiary Bank of Hope. The company focuses on commercial and industrial lending, deposit products, and cross-border banking services tailored for Asian-American entrepreneurs and Asian multinational companies. It serves markets across California, Hawaii, New York, New Jersey, Washington, and Texas through a physical branch network and digital banking platform.
Is Hope Bancorp a public or private company?
Hope Bancorp is a public company. It is classified as public and is currently operating.
When was Hope Bancorp founded?
Hope Bancorp was founded in 1980.
Where is Hope Bancorp based?
Hope Bancorp is headquartered in Los Angeles, United States, in the North America region.
How does Hope Bancorp make money?
Two revenue lines are on record. Net Interest Income is the primary driver. The others are non-interest Income.
Who are Hope Bancorp's main competitors?
Regional players on record are Bank of Hawaii and Central Pacific Financial. Direct peers are East West Bancorp, Cathay General Bancorp and Hanmi Financial Corporation. Broad incumbents are CVB Financial, Western Alliance Bancorporation, Pacific Premier Bancorp, First Interstate BancSystem and Customers Bancorp.
Does Hope Bancorp have an API?
No public API is recorded for Hope Bancorp.
What industry is Hope Bancorp in?
Hope Bancorp's product category is Regional Banking. Its primary akta.pro industry code is FSABAKAF, SME/Industrial Development Banks. Its NAICS code is 52211 and its SIC code is 6022.