Hope Bancorp to acquire SMBC MANUBANK's CBU; adds $2.5B loans, $2.7B deposits

HOPE BANCORP INC

Acquires CBU's $2.5B loans and $2.7B deposits in all-cash transaction; EPS accretive >20% in 2027.
Tangible book value dilution ~4.5% with earn-back ~2 years; improves anticipated ROE to ~12% in 2027.
CBU operates eight branches in Southern California; adds Japanese Banking Division complementing Hope's Korean group.
Collaboration agreement with SMBC for commercial/retail banking to Japanese midsize and retail clients in US.
Expected close in H2 2026 subject to regulatory approvals; unanimous board approval.

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