Hope Bancorp - M&A Summary and Business Overview

Financial ServicesCompany

Hope Bancorp M&A Summary

Hope Bancorp has acquired 6 companies, including 1 in the last 5 years.

Hope Bancorp’s largest acquisition to date was in 2015, when it acquired Wilshire Bancorp for $1.0B. Hope Bancorp has acquired in 4 different US states. The Company’s most targeted sectors include financial services (100%).

Hope Bancorp Business Overview

Where is Hope Bancorp headquartered?

Hope Bancorp is headquartered in Los Angeles, California.

What is Hope Bancorp’s revenue?

Hope Bancorp disclosed revenue of 571M USD for 2023 and 630M USD for 2022.

How many employees does Hope Bancorp have?

Hope Bancorp has 1,227 employees.

What sector is Hope Bancorp in?

Hope Bancorp is a financial services company.

When was Hope Bancorp founded?

Hope Bancorp was founded in 2000.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 7

Hope Bancorp

Hope Bancorp, Inc.

3200 Wilshire Boulevard Suite 1400,
Los Angeles, California 90010
United States,
(213) 639-1700
www.bankofhope.com

Hope Bancorp operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals. Hope Bancorp was founded in 2000 and is based in Los Angeles, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - - - - 1 6
vol $1.3B $79M $1.4B
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Territorial Bancorp, Inc. 2024-04-29 79M USD Merger
Honolulu, Hawaii · www.tsbhawaii.bank
Wilshire Bancorp, Inc. 2015-12-07 1.0B USD Merger
Los Angeles, California · www.wilshirebank.com
Foster Bankshares, Inc. 2013-04-16 5M USD Merger
Rolling Meadows, Illinois · www.fosterbank.com
Pacific International Bancorp, Inc. 2013-02-15 8M USD Add-on Acquisition
Seattle, Washington
Center Financial Corp. 2011-11-30 286M USD Add-on Acquisition
Los Angeles, California · www.centerbank.com
Asiana Bank 2003-05-23 8M USD Add-on Acquisition
Sunnyvale, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 6 (100%) 1.4B (100%) - -
Total 6 $1.4B - -

By Geo

State/Country Buy Value Sell Value
United States 6 1.4B - -
  California 3 1.3B - -
  Washington 1 8M - -
  Illinois 1 5M - -
  Hawaii 1 79M - -
Total 6 $1.4B - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
 2
Raymond James - Investment Banking
 1
D.A. Davidson & Co.
 1
Legal Deals
Morrison & Foerster
 2
Arnold & Porter
 1
GreenbergTraurig
 1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 1 $286M
< $100M 4 $99M
TOTAL $1.4B
Largest Wilshire Bancorp, Inc.
$1.0B (2015-12-07)

Company Summary

SECTOR

Financial Services

Revenue

571   10% 2023
630   14% 2022
556   9% 2021
514   1% 2020
511   7% 2019
545   1% 2018
547   33% 2017
412   2016
(millions of USD) Show More Show Less

Employees

1,227

Established

2000

Public

NASDAQ: HOPE

Former Name

BBCN Bancorp, Inc.

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