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Hope Bancorp, Inc. (HOPE)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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15.72+0.20 (+1.29%)
At close: 4:00PM EDT

15.64 -0.08 (-0.51%)
After hours: 4:05PM EDT

Hope Bancorp, Inc.

3200 Wilshire Boulevard
Suite 1400
Los Angeles, CA 90010
United States
213-639-1700
http://www.bankofhope.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees1,408

Key Executives

NameTitlePayExercisedYear Born
Mr. Kevin Sung Kim J.D.Chairman, Pres & CEO1.68MN/A1958
Mr. Alex KoSr. EVP & CFO517.34kN/A1967
Ms. Kyu S. KimSr. EVP & Regional Pres of Eastern Region-Bank of Hope536.82kN/A1961
Mr. Thomas P. StengerExec. VP & Chief Risk Officer589.01kN/A1959
Mr. Daniel H. KimExec. VP and Chief Strategy & Admin. OfficerN/AN/A1968
Ms. Angie YangSr. VP and Director of IR & Corp. CommunicationsN/AN/AN/A
Ms. Angelee J. HarrisExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1970
Mr. Jason K. KimSr. EVP & Pres of Western Regional of Bank of HopeN/AN/A1967
Mr. Peter KohExec. VP & Chief Credit Officer - Bank of HopeN/AN/A1977
Mr. Andy ChanExec. VP & Chief Internal Audit Exec.N/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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 January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

Corporate Governance

Hope Bancorp, Inc.’s ISS Governance QualityScore as of April 30, 2021 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.