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Hope Bancorp Completes Merger With Territorial Bancorp

1. Hope Bancorp completed its merger with Territorial Bancorp. 2. Territorial Savings will continue under its legacy brand within Bank of Hope.

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FAQ

Why Bullish?

The merger enhances market presence and operational scale, potentially leading to increased revenue. Historical mergers in banking often resulted in higher stock valuations due to synergies and expanded customer bases.

How important is it?

The merger represents a significant strategic move that could visibly Impact HOPE's future growth and market position.

Why Long Term?

The true benefits of the merger will manifest over time as integration occurs and efficiencies are realized. Past examples show that full merger benefits often emerge over several quarters.

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TBNK
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, today announced the completion of its merger with Honolulu-based Territorial Bancorp Inc. (“Territorial”), the holding company for Territorial Savings Bank. Effective as of April 2, 2025, Territorial Savings Bank will operate under the trade name Territorial Savings, a division of Bank of Hope, preserving the 100-plus year legacy of the Territorial brand, culture and commitment.

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