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Security Profile
- Security Type
- Bank Holding Company
- CUSIP
- 43940T109 (prev. 073295107 )
- Market Cap
- Large Cap
- Previous Symbol
- BBCN (changed 8/1/2016)
- Previous Name
- BBCN Bancorp, Inc.
Business: Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only super regional Korean-American bank in the United States. Formed through the merger of BBCN Bank and Wilshire Bank, the top two commercial lenders in the market, Bank of Hope is headquartered in Los Angeles and serves a multi-ethnic population of customers across the nation. Bank of Hope operates over 84 full-service branches and residential mortgage loan production offices in California; and a representative office in Seoul, Korea. Bank of Hope specializes in core business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending.
Notes: July 29, 2016 -- Shareholders of Wilshire Bancorp, Inc. (WIBC) voted on Thursday, July 14, 2016, and approved a proposed Merger between WIBC and BBCN Bancorp, Inc. (BBCN). Pursuant to the terms of the Merger, BBCN Bancorp, Inc. will change its name to Hope Bancorp, Inc., (HOPE) and each share of WIBC Common Stock outstanding immediately prior to the consummation of the Merger will be converted into the right to receive 0.7034 of a share of Hope Bancorp, Inc. (HOPE) Common Shares. The Merger became effective Friday, July 29, 2016 and will begin trading on the NASDAQ on 8/1/2016.
Company Contact
- CEO
- Kevin S. Kim
- CFO
- Julianna Balicka
- Headquarters
- 3200 Wilshire Boulevard, Suite 1400 , Los Angeles, CA 90010
- Phone
- 213-639-1700 · Toll-Free 888-811-6272
- Fax
- 213-235-3033
- Investor Relations
- Angie Yang · 213-251-2219 · angie.yang@bankofhope.com