HOPE BANCORP INC reported financial results for first quarter ended March 31, 2026.
“On April 28, 2026, Hope Bancorp, Inc. (“HOPE” or the “Company”) issued a news release concerning its results of operations and financial condition for the first quarter ended and as of March 31, 2026.”
Governance Changes
HOPE BANCORP INC: Amended and restated bylaws with changes including majority voting standard, updated stockholder nomination and proposal procedures, record date requirement for stockholder action by consent or special meeting, updated indemnification provisions, sole board authority to fill vacancies, and increased (effective 2026-01-15).
“on January 15, 2026, the Board of Directors of the Company amended and restated the Bylaws effective immediately. The Bylaws amendments, among other things, include: • Providing for a majority voting standard in uncontested elections consistent with the director resignation policy that is already in place; • Updating procedural, notice and information requirements for stockholder nominations of directors and submission of stockholder proposals to align with market and best practices; • Requiring stockholders seeking to act by consent or call a special meeting to first request the board fix a record date; • Updating the indemnification or advancement provisions to align with market and best practices; • Providing that the Board has the sole authority to fill vacancies on the Board; • Providing that the affirmative vote of a majority of the holders of a majority of the voting power of the outstanding shares of the Company’s capital stock entitled to vote thereon is required for stockhold”
Kyu S. Kim changed role as Senior Executive Vice President and Chief Relationship Banking Officer at HOPE BANCORP INC.
“On March 31, 2025, Hope Bancorp, Inc., a Delaware corporate (the “ Company ” ), and its wholly-owned subsidiary, Bank of Hope, approved a change in title and responsibilities for Kyu S. Kim, effective April 1, 2025.”
William J. Lewis departed as Director at HOPE BANCORP INC.
“On March 11, 2025, Hope Bancorp, Inc. (the “Company”) director William J. Lewis notified the Company that he will not stand for re-election to the board of directors of the Company at the 2025 Annual Meeting of Stockholders and will retire following the annual meeting.”
Earnings Releases
HOPE BANCORP INC reported first quarter ended March 31, 2024 results: net income $25.9 million, EPS $0.21 per diluted common share.
“For the three months ended March 31, 2024, net income totaled $25.9 million , or $0.21 per diluted common share.”
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