• It's like **Bank of America** for the Korean-American community.
• It's the **JPMorgan Chase** of Korean-American banking.

• Commercial and Industrial Loans: Provides financing to businesses for working capital, equipment purchases, and other operational needs.
• Commercial Real Estate Loans: Offers financing for the acquisition, refinancing, or construction of commercial properties.
• Deposit Products: A range of checking, savings, money market, and certificate of deposit accounts for both businesses and individuals.
• Treasury Management Services: Helps businesses efficiently manage their cash flow through services like remote deposit capture, sweep accounts, and wire transfers.
• International Banking Services: Facilitates cross-border transactions for businesses through services such as trade finance and foreign exchange.

• Small to Medium-sized Businesses (SMBs) and Commercial Clients: This category includes a broad range of businesses across various industries that utilize the bank's services for commercial loans (including SBA loans), lines of credit, treasury management, business deposit accounts, and other financial solutions to support their operations and growth. Bank of Hope has a significant focus on serving the Korean-American business community.
• Commercial Real Estate Investors and Developers: A substantial portion of the bank's lending portfolio is dedicated to commercial real estate. This customer segment comprises investors, developers, and property owners seeking financing for the acquisition, development, or refinancing of commercial properties.
• Individual and Consumer Clients: This category includes a wide base of individuals and households who use the bank for personal banking needs. This encompasses checking and savings accounts, money market accounts, certificates of deposit (CDs), residential mortgage loans, home equity lines of credit (HELOCs), and other consumer loans. The bank often caters to the needs of the Asian-American community.

Kevin S. Kim, Chairman, President and Chief Executive Officer

Mr. Kim is Chairman, President and Chief Executive Officer of Hope Bancorp, Inc. and Bank of Hope. He assumed the role of Chairman in 2019. Mr. Kim was a director of Center Financial Corporation and Center Bank from 2008, where he spearheaded the merger of equals with Nara Bancorp, Inc. and Nara Bank, creating BBCN Bancorp, Inc. and BBCN Bank in November 2011. In March 2013, he was appointed President and Chief Executive Officer of BBCN Bancorp, and in April 2014, he took on the same titles for BBCN Bank. Prior to joining the company full time as its Chief Executive, Mr. Kim practiced law for 18 years, with a focus on corporate and business transactions, business acquisitions, tax planning, and real estate transactions. He began his professional career as a Certified Public Accountant, working for approximately 10 years at two of the largest public accounting firms, including Arthur Andersen, LLP and KPMG, LLP. He also led BBCN's merger with Wilshire Bancorp, Inc., which created Hope Bancorp, Inc. and Bank of Hope.

Julianna Balicka, Executive Vice President and Chief Financial Officer

Ms. Balicka was named Executive Vice President and Chief Financial Officer of Hope Bancorp, Inc. and Bank of Hope, effective April 17, 2023. She most recently served as Senior Vice President, Director of Investor Relations and Corporate Finance at East West Bank, a wholly owned company of East West Bancorp, Inc. In this role, she oversaw investor relations and corporate finance/M&A strategy, and was responsible for consolidated financial statement enterprise forecasting. Prior to joining East West Bank in 2016, Ms. Balicka was with Keefe, Bruyette & Woods from 2005 to 2016, most recently as Managing Director, Equity Research, where she served as the lead research analyst for California SMID-cap banks, Asian American banks, and marketplace lenders. She began her professional career as an investment banking analyst in the Financial Institutions Group at Donaldson, Lufkin & Jenrette.

Kyu S. Kim, Senior Executive Vice President and Chief Relationship Banking Officer

Kyu S. Kim was named Senior Executive Vice President and Chief Relationship Banking Officer, effective April 1, 2025. In this role, she is responsible for the oversight of legacy commercial lending and the Bank's Korean subsidiary business. Previously, she served as Senior Executive Vice President and Chief Commercial Banking Officer of Bank of Hope from October 2023 through March 2025, where she was responsible for oversight of commercial lending functions across Bank of Hope's platform.

Thomas P. Stenger, Senior Executive Vice President and Chief Risk Officer

Mr. Stenger was promoted to Senior Executive Vice President in September 2022 and has served as Chief Risk Officer of Bank of Hope since February 2019. He is responsible for all areas of risk, compliance, and BSA management. Prior to joining the Bank, he was a Managing Director at PricewaterhouseCoopers from 2011, where he provided strategic leadership assisting financial services clients. He was also a founding partner of Mirror Lake Partners from 2008 to 2011 and served as Senior Vice President and Chief Risk Officer at GMAC Residential Mortgage Corporation from 2001 to 2007.

1. Deterioration in Economic Conditions and Credit Quality: Hope Bancorp is significantly exposed to the overall economic environment, particularly in its operating regions. A downturn in economic conditions, including recessionary fears, can lead to decreased loan demand, a decline in credit quality, an increase in non-earning assets, and higher net credit losses. The company's substantial exposure to Commercial Real Estate (CRE) loans further amplifies this risk, as a weakening CRE market could result in higher provisions for loan losses and eroded earnings.
2. Interest Rate and Liquidity Risks: As a financial institution, Hope Bancorp is vulnerable to volatile interest rates. Fluctuations in interest rates present challenges in managing asset-liability matching, which can impact net interest income. Additionally, the company faces general liquidity risks, which are crucial for its operations and financial stability.
3. Competitive Market Conditions and Growth Headwinds: The banking sector in Hope Bancorp's operating areas is highly competitive, leading to aggressive pricing and spread compression. This intense competition can constrain net loan growth. Furthermore, the company has experienced slower loan and deposit growth, particularly in key markets like California, due to broader macroeconomic slowdowns, posing challenges to its expansion efforts.

Hope Bancorp (NASDAQ: HOPE) primarily operates in the United States, focusing on serving the financial needs of small and medium-sized businesses and individuals, particularly within multicultural communities, including the Korean-American population across states like California, New York, New Jersey, Illinois, Washington, Texas, Alabama, Georgia, and Hawaii.

The addressable markets for Hope Bancorp's main products and services in the U.S. are sized as follows:

• Commercial Banking Market (U.S.): The U.S. commercial banking market is estimated at approximately $732.5 billion in 2025 and is forecasted to reach $915.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.56%. Commercial lending constituted a significant portion of this market, accounting for 44.34% of the U.S. commercial banking market share in 2024. Another estimate places the U.S. commercial banking market size at $1.6 trillion in 2025.
• Small Business Lending Market (U.S.): The U.S. small business loan market was valued at $30.83 billion in 2023 and is projected to reach $56.14 billion by 2031, with a CAGR of 8.94% during the forecast period of 2024-2031. Separately, the estimated total lending volume to small businesses in the U.S. for 2025 is $760 billion. The broader global small business loans market, with North America expected to lead, was valued at $2.5 trillion in 2023 and is projected to reach $7.2 trillion by 2032.
• Real Estate Loan Market (U.S.): The U.S. real estate loan market was valued at $3.5 trillion in 2024 and is projected to grow at a CAGR of 10.6%. Within this, the U.S. commercial real estate (CRE) mortgage market alone consists of approximately $4.5 trillion backed by income-producing properties and an additional $470 billion in construction loans, as of March 2023.

1. Strategic Acquisitions and Market Expansion: The acquisition of Territorial Savings Bank, completed in April 2025, is a significant driver of revenue growth. This acquisition expands Hope Bancorp's presence into Hawaii's high-growth multicultural market, bringing a stable, low-cost deposit base of $1.7 billion and a high-quality residential mortgage portfolio. The deal is expected to boost the company's net interest margin and diversify its loan portfolio, positioning it as a leader in serving immigrant communities with tailored financial solutions.
2. Loan Growth Across Key Segments: Hope Bancorp aims for high single-digit loan growth in 2025, building on momentum from previous quarters. This growth is expected across all major loan portfolio segments, including Commercial & Industrial (C&I), commercial real estate, and residential mortgages. The company has been investing in talent to drive sustainable and prudent growth, enhancing its corporate and commercial banking capabilities.
3. Growth in Non-Interest Income: The company forecasts approximately 30% growth in non-interest income for 2025, excluding a specific second-quarter loss related to securities repositioning. This reflects strong year-to-date momentum across various business lines and a strategic focus on expanding fee-based services such as treasury management and international trade financing.
4. Net Interest Margin (NIM) Expansion: Hope Bancorp expects net interest income growth of approximately 10% for 2025, partly due to anticipated improvements in its net interest margin. The expansion is driven by higher earning asset yields and a reduction in deposit funding costs. The integration of Territorial Savings Bank's low-cost deposits and a strategic shift away from more expensive brokered deposits are critical factors in improving the net interest margin.
5. Operational Efficiency and Digital Platform Enhancements: While not a direct revenue driver, significant ongoing investment in digital platform enhancements and fintech partnerships is expected to improve operational efficiency and customer retention. This could lead to a sustainably lower cost-to-income ratio and improved net margins over time, indirectly supporting revenue growth by freeing up resources and allowing for more competitive offerings.

Share Repurchases

• Hope Bancorp repurchased $50.0 million of common stock during the year ended December 31, 2021.
• The company repurchased $36.2 million of common stock during the year ended December 31, 2020.
• A share repurchase program authorizing up to $50.0 million of common stock was approved in August 2021 and does not have an expiration date.

Share Issuance

• Hope Bancorp issued 6,976,754 shares as consideration for the Territorial Bancorp Inc. merger, as reported in Q3 2025.
• The number of shares outstanding increased by 6.1% in 2025.
• Shares outstanding also increased by 0.52% in 2024 and 0.54% in 2023.

Outbound Investments

• Hope Bancorp acquired Territorial Savings Bank, with the integration process nearing completion as of early 2025.
• The merger with Territorial Bancorp Inc. in Q3 2025 increased goodwill by $13.880 million and the core deposit intangible to $46.173 million.
• This merger and strategic reorganization are intended to enhance the deposit franchise and reduce operating expenses.

Capital Expenditures

• Capital expenditures totaled $10.32 million in the 12 months prior to November 2025.
• The company has made strategic investments in digital platforms to improve operational efficiency.