Bending is one of the processes frequently used during manufacturing of sheet-metal components. Spring-back in bending operations is an important issue when producing precision parts. This issue becomes even more important when the component has any kind of hole on the bending surface. Such components are the focus of study in this paper. Many parameters affect spring-back in the bending process; in the present work, perforated components with an oblong cut are selected, and the influence of cut size, die radius, clearance, and component material on the value of the spring-back in a wipe-bending process are studied. Four different hole sizes, three die radii and clearance, and two different steel materials (high-strength low-alloy steel and low-carbon steel) are used in experiments and finite-element simulations. Results show these parameters have effect on the amount of spring-back in the wipe-bending process.