
Hanmi Financial (HAFC) Stock Forecast & Price Target
Hanmi Financial (HAFC) Analyst Ratings
Bulls say
Hanmi Financial Corp reported a 7% growth in deposits, indicating robust customer confidence and increased financial inflow across various deposit categories, including a notable 7.7% increase in certificates of deposit and a 7.5% rise in non-interest-bearing deposits. Furthermore, loan growth of 2% was achieved despite lower production levels, showcasing effective management of existing credit lines and reduced payoffs. Additionally, the bank has raised its Small Business Administration (SBA) production target, reflecting an optimistic outlook for its lending activities and anticipated gains from mortgage gains on sales.
Bears say
Hanmi Financial Corp has revised its earnings per share (EPS) estimates downward for 2025 and 2026, reflecting increased expectations for loan loss provisions (LLP) and non-interest expenses (NIE). Furthermore, the bank maintains low to mid-single digit loan and deposit growth expectations for 2025, indicating potential stagnation in its core operations. Additionally, an $8.6 million charge-off related to a single syndicated CBD office credit suggests heightened concerns over asset quality, as evidenced by a decline in the allowance for credit losses (ACL) ratio to 1.06%.
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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