M&A
confidence high
sentiment positive
materiality 0.80
Hope Bancorp receives all regulatory approvals for Territorial Bancorp merger; expected completion April 2025
HOPE BANCORP INC
- Joint press release March 3, 2025 confirms receipt of all required regulatory approvals for merger with Territorial Bancorp.
- Territorial Savings will operate as a division of Bank of Hope, preserving its brand and 100-plus year legacy.
- Combined company to become largest regional bank serving multi-cultural customers across mainland U.S. and Hawaii.
- Transaction adds stable low-cost deposit base and high-quality residential mortgage portfolio; closing in early April 2025.
- Merger remains subject to customary closing conditions; shareholders of both companies previously approved.