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Hope Bancorp, Inc. (symbol: HOPE) is a premier bank holding company headquartered in Los Angeles, California, known for providing a diverse range of financial services. Over its 35-year history, the company has evolved to become the first and only super-regional Korean-American bank in the United States, following the merger of BBCN Bank and Wilshire Bank. As of July 30, 2016, Bank of Hope boasted total assets exceeding $13 billion.
Operating through 85 full-service branches across California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama, the company's reach is extensive. Additionally, it maintains Small Business Administration (SBA) loan production offices in Seattle, Denver, Dallas, Atlanta, Northern California, Annandale (Virginia), Portland (Oregon), and Fremont (California). Residential mortgage loan production offices are located in California, with a representative office in Seoul, Korea.
Hope Bancorp specializes in delivering core business banking products tailored for small and medium-sized enterprises (SMEs). Key services include commercial real estate and commercial lending, SBA lending, and international trade financing. The bank also offers a comprehensive suite of personal banking services such as online and mobile banking, mortgage loans, credit cards, and investment and wealth management services.
Recent achievements highlight the company's commitment to innovation and customer service. Notably, its financial condition remains strong, underpinned by substantial assets and a robust network of branches and offices. Strategic partnerships and forward-looking projects continue to enhance its service offerings and market reach.
Bank of Hope’s operational excellence and broad geographic footprint make it a significant player in the financial services sector, catering to a multi-ethnic customer base across the U.S. With its deep-rooted commitment to community and business growth, Hope Bancorp stands poised for sustained success.
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