HOPE - Hope Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Hope Bancorp, Inc.

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees1,468

Key Executives

NameTitlePayExercisedYear Born
Mr. Kevin Sung Kim J.D.Chairman, Pres & CEO1.5MN/A1958
Mr. Alex KoExec. VP & CFO425.24kN/A1967
Ms. Kyu S. KimSr. EVP & Regional Pres of Eastern Region-Bank of Hope460.69kN/A1961
Mr. Johann Minkyun YouExec. VP & Chief Risk OfficerN/AN/A1965
Mr. Hung Quoc VanExec. VP & Chief Information Officer of Bank of Hope415.14kN/A1977
Amounts are as of December 31, 2018 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 to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. In addition, the company offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; commercial equipment lease financing; and warehouse lines of credit to mortgage loan originators. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking; debit and credit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; and Internet banking and bill-pay services, as well as operates automated teller machines. As of February 27, 2019, the company operated 63 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; a commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in 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 1, 2019 is 1. The pillar scores are Audit: 5; Board: 1; 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.