Hope Bancorp Inc. (NASDAQ:HOPE) held its annual meeting on Thursday via a virtual webcast, according to an SEC filing. The bank holding company has a market cap of $1.58 billion and trades at $12.38 per share.
Shareholders voted on three main proposals. First, they elected nine directors: Kevin S. Kim, Dale S. Zuehls, Donald D. Byun, Jinho Doo, Daisy Y. Ha, Joon Kyung Kim, Rachel H. Lee, Takaaki Nakajima, and Guido F. Sacchi. Each received a majority of votes.
Second, the appointment of Crowe LLP as independent auditor for fiscal year ending December 31, 2026 was ratified, with 109,712,291 votes for and 3,522,166 against.
Third, an advisory vote on 2025 executive compensation passed with 95,925,166 votes for and 10,788,481 against.
Hope Bancorp had 127,946,655 shares outstanding, with 113,267,099 (88.5%) represented at the meeting. Elected directors will serve until the next annual meeting.
In recent news, Hope Bancorp reported Q1 2026 EPS of $0.23, slightly above the $0.22 consensus. Revenue of $141.02 million missed the $145.3 million estimate.
