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Hope Bancorp Announces Steven S. Koh’s Retirement

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Hope Bancorp Announces Steven S. Koh’s Retirement

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Hope Bancorp ( (HOPE) ) just unveiled an update.

Hope Bancorp announced the retirement of Steven S. Koh, Honorary Chairman and board member, effective December 31, 2025. Koh, a pivotal figure in the creation of the first Korean American regional bank in the U.S., has served the company for 40 years and plans to focus on philanthropy post-retirement. His departure is not due to any disagreements with the company, and the board will be adjusted to 10 directors following his retirement.

The most recent analyst rating on (HOPE) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Hope Bancorp stock, see the HOPE Stock Forecast page.

Spark’s Take on HOPE Stock

According to Spark, TipRanks’ AI Analyst, HOPE is a Neutral.

Hope Bancorp’s overall score reflects stable financial performance and strategic growth initiatives. While the stock’s valuation appears high, the strong dividend yield and positive earnings call guidance provide support. Technical indicators suggest a neutral outlook, and recent corporate events highlight strategic repositioning efforts.

To see Spark’s full report on HOPE stock, click here.

More about Hope Bancorp

Hope Bancorp, Inc. is the holding company of Bank of Hope, the only regional Korean American bank in the United States, with $18.55 billion in total assets as of June 30, 2025. The bank provides a comprehensive range of financial products and services, including commercial, corporate, and consumer loans, and operates branches across several states and in Hawaii under the Bank of Hope and Territorial Savings banners.

Average Trading Volume: 906,549

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.43B

See more data about HOPE stock on TipRanks’ Stock Analysis page.

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