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BBCN Bancorp

Market Capitalization

$1.2 B

2016-07-29

Revenue

$43.6 M

FY, 2021

BBCN Bancorp Summary

Company Summary

Overview
Headquartered in Los Angeles, for more than 26 years BBCN Bank has been serving the largest Korean community outside of Korea, as well as a diverse mix of customers in more than 40 full-service branches throughout California, New York, New Jersey, Washington and Illinois, along with loan production offices in Seattle, Denver, Atlanta and Dallas. With more than $5 billion in assets and $4 billion in deposits, the strengths of BBCN lie in its experienced management team, as well as solid focus on risk management practices. The organization’s focus on small business lending, C&I lending, and international trade finance, sets BBCN Bank apart from other community banks. In November 2011, two of the largest Korean American banks, Nara Bank and Center Bank, merged to become the nation’s largest Korean American bank, BBCN Bank. Building on the depth of each financial institution in core banking products for small and medium-sized businesses, today, BBCN Bank is a proven leader in commercial and industrial lending, SBA lending, commercial real estate lending, and international trade finance. The company merged with Wilshire Bancorp to form Bank of Hope.
Type
Public
Status
Closed
Founded
2011
HQ
Los Angeles, CA, US | view all locations
Website
https://www.bbcnbank.com
Cybersecurity rating
Sectors

LocationsView all

1 location detected

  • Los Angeles, CA HQ

    United States

    1000 3731 Wilshire Blvd

BBCN Bancorp Financials

Summary Financials

Revenue (Q3, 2022)
$13.4M
Net income (Q3, 2022)
$53.7M
Cash (Q3, 2022)
$230.3M
Enterprise value
$1.1B

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