
Hanmi Financial (HAFC) Stock Forecast & Price Target
Hanmi Financial (HAFC) Analyst Ratings
Bulls say
Hanmi Financial is showing strong growth in trade finance fees, with an impressive 12% increase quarter-over-quarter. The increase in criticized loans is not expected to result in losses, with a manageable LLP and NCOs. The modest EPS beat was driven by lower provision expenses and higher operating expenses, and management has set a target for low-to-mid single digit growth in loans and deposits. Overall, the bank's NIM shows improvement, with a decrease in funding costs and a yield on new loans at 6.90%, indicating potential for further profitability.
Bears say
Hanmi Financial is expected to experience low to mid-single-digit loan growth in the year 2026, and with a smaller balance sheet size than previously estimated, their net interest income is likely to be lower. In addition, their loan production decreased by 34% compared to the previous quarter, and their end-of-period deposits fell by 5%, indicating potential challenges in loan demand and deposit gathering. Overall, these factors contribute to our negative outlook on the company's stock as their profitability and growth prospects appear to be weakening.
This aggregate rating is based on analysts' research of Hanmi Financial and is not a guaranteed prediction by Public.com or investment advice.
Hanmi Financial (HAFC) Analyst Forecast & Price Prediction
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