---
schema_version: "secwatch.filing_event.v1"
accession: "0001128361-25-000020"
form_type: "8-K"
ticker: "HOPE"
cik: "0001128361"
company_name: "HOPE BANCORP INC"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:12:11.113091+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hope Bancorp completes Territorial Bancorp merger; exchange ratio 0.8048

## Summary
- Merger effective April 2, 2025; Territorial shareholders receive 0.8048 Hope shares per Territorial share.
- Territorial Savings Bank becomes Territorial Savings, a division of Bank of Hope, preserving its 100+ year brand.
- Hope Bancorp claims position as largest regional bank serving multicultural customers across continental US and Hawaii.
- Merger originally announced April 26, 2024; deal valued at approximately $260M based on Hope's closing price.

## SEC filing metadata
- accession: 0001128361-25-000020
- form_type: 8-K
- ticker: HOPE
- cik: 0001128361
- company_name: HOPE BANCORP INC
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128361/000112836125000020/0001128361-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128361/000112836125000020/hope-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001128361-25-000020
- JSON: https://secwatch.observer/filing/0001128361-25-000020.json
- Plain text: https://secwatch.observer/filing/0001128361-25-000020.txt

## Key facts
- Executive change
  Kyu S. Kim changed role as Senior Executive Vice President and Chief Relationship Banking Officer at HOPE BANCORP INC.
  - Action: changed
  - Role: Senior Executive Vice President and Chief Relationship Banking Officer
  source text: On March 31, 2025, Hope Bancorp, Inc., a Delaware corporate (the “ Company ” ), and its wholly-owned subsidiary, Bank of Hope, approved a change in title and responsibilities for Kyu S. Kim, effective April 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128361/000112836125000020/0001128361-25-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.