Hope Bancorp(HOPE) - 2024 Q1 - Quarterly Results
Hope Bancorp(US:HOPE)2024-04-29 13:08"The strength of our balance sheet positioned us well to capitalize on strategic opportunities in the market. This morning, we announced the signing of a definitive merger agreement with Territorial Bancorp, the stock holding company of Territorial Savings Bank, a $2.2 billion savings bank headquartered in Hawai'i," continued Kim. "Territorial has a stable, low-cost core deposit base, excellent asset quality, and provides us an entry point to the attractive Hawai'i market, which has a large Asian American a ...