Hope Bancorp Unit Completes Acquisition of SMBC MANUBANK's Commercial Banking Segment

09:42 AM EDT, 10/01/2026 (MT Newswires) -- Hope Bancorp's (HOPE) Bank of Hope unit has completed the acquisition of the commercial banking segment of SMBC MANUBANK, according to a Thursday statement. SMBC MANUBANK is a subsidiary of SMBC Americas Holdings and Sumitomo Mitsui Banking, Hope Bancorp said. In connection with the acquisition's closing, Bank of Hope and SMBC's previously announced partnership deal has become effective, under which Bank of Hope will provide financial solutions to SMBC's Japan-based customers in the US, according to the statement. Price: 13.22, Change: -0.07, Percent Change: -0.56