Hope Bancorp Inc（HOPE）资讯与事件HOPEHope Bancorp Inc

Hope Bancorp Completes Acquisition of SMBC Commercial Banking Unit

Hope Bancorp announced that its wholly-owned subsidiary, Bank of Hope, has completed its previously announced acquisition of the Commercial Banking Unit of SMBC MANUBANK. The acquisition adds an established commercial banking franchise and seasoned professionals to Bank of Hope, diversifying its deposit segments and expanding its footprint and client base in the Greater Los Angeles market. The transaction also reinforces the Bank's position as a premier financial partner to middle-market businesses and deepens its relationships across the Korean and Japanese business communities.In connection with the closing, the previously announced Collaboration and Partnership Agreement between Bank of Hope and SMBC has become effective. Pursuant to the agreement, Bank of Hope will provide comprehensive financial solutions to SMBC's Japan-based middle-market and retail customers needing banking services in the United States. The relationship provides Bank of Hope with an additional channel to serve multinational businesses with U.S. operations while strengthening its presence in the Japanese community.

Hope Bancorp Receives Regulatory Approvals for SMBC MANUBANK Acquisition

Hope Bancorp announced that its wholly-owned subsidiary, Bank of Hope, has received all regulatory approvals required to complete the previously announced acquisition of the Commercial Banking Unit of SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc. and Sumitomo Mitsui Banking Corporation. Regulatory approvals have been received from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation. The transaction is expected to close early in the fourth quarter of 2026, subject to the satisfaction of customary closing conditions. "Receiving all necessary regulatory approvals marks a significant milestone toward completing this strategic transaction," said Kevin S. Kim, Chairman, President and Chief Executive Officer of Hope Bancorp. "We are excited about the opportunity to welcome the MANUBANK team and customers to Bank of Hope later this year. This acquisition will bring together two highly complementary organizations, diversify our deposit franchise, strengthen our commercial banking capabilities and expand our presence in the Greater Los Angeles market." Bank of Hope and SMBC have also entered into a collaboration and partnership agreement under which Bank of Hope will provide commercial and consumer banking services to SMBC's Japan-based middle market and retail customers seeking banking services in the United States. The agreement will become effective upon the closing of the transaction.

Hope Bancorp Reports Q2 Revenue of $147.819M

Reports Q2 revenue $147.819M vs $94.499M last year. Reports Q2 book value per share $17.87. Reports Q2 CEt1 capital ratio 12.95%. "Overall, we delivered strong quarterly results and are pleased with the continued progress made to improve the profitability and core operating performance of the Bank. Second quarter 2026 earnings growth reflected a combination of revenue growth and positive operating leverage, driven by loan growth, net interest margin expansion, lower funding costs, increased fee income and expense discipline," said Kevin S. Kim, Chairman, President and Chief Executive Officer of Hope Bancorp, Inc.