Hanmi Financial

Hanmi Financial Corp. is a holding company, which engages in the provision of commercial banking and financial services. It offers checking, money market and savings, treasury management, and loans. The company was founded in 1982 and is headquartered in Los Angeles, CA.

Earnings data Q2 2024

Hanmi Financial Corp Reports 6% YoY Net Income Growth

Hanmi Financial Corporation's Q1 2023 earnings call showcased solid financial performance, with a focus on responsible growth and strong credit quality. While facing challenges in net interest income and C&I funding, the bank remains well-positioned with ample liquidity and a strong balance sheet. Opportunities in non-QM market and deposit insurance programs present avenues for strategic growth.

Hanmi Financial Corporation reports Q2 net income decline, eyes diversification

Hanmi Financial Corporation's second quarter performance reflects a decline in net income and certain loan production, offset by strong contributions from the Corporate Korea initiative and residential mortgage lending. While facing challenges in net interest and noninterest income, the company maintains excellent credit quality and strong capital ratios, presenting opportunities for further diversification and growth.

Hanmi Financial Corporation reports stable Q3 performance with growth opportunities

Hanmi Financial Corporation's third quarter performance showcased stability in deposits, strong loan production, and effective asset quality management. While facing a slight decline in net interest income, the company has opportunities to further expand loan production and capitalize on noninterest income growth.

Hanmi Financial Corporation reports solid 2023 performance and explores new market opportunities

Hanmi Financial Corporation reported a strong financial performance for 2023, with a focus on disciplined expense management and robust asset quality. The company's Corporate Korea Initiative delivered impressive results, and strategic partnerships present opportunities for expansion into new markets.

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NEW YORK, NY / ACCESSWIRE / April 25, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Hanmi Financial Corporation (NASDAQ:HAFC). The settlement provides for a fund of $3,000,000 to benefit class members.

Levi & Korsinsky, LLP Notifies Shareholders of Hanmi Financial Corporation (HAFC) an Upcoming Claims Deadline in a Class Action Settlement

LOS ANGELES, April 25, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced that its Board of Directors declared a cash dividend on its common stock for the 2024 second quarter of $0.25 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of the close of business on May 6, 2024.

Hanmi Financial Declares Cash Dividend of $0.25 per share and Announces New Share Repurchase Authorization

Hanmi Financial Corporation (NASDAQ:HAFC ) Q1 2024 Earnings Conference Call April 23, 2024 5:00 PM ET Company Participants Ben Brodkowitz - Investor Relations, Financial Profiles, Inc. Bonita Lee - President and Chief Executive Officer Anthony Kim - Senior Executive Vice President and Chief Banking Officer Romolo Santarosa - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Kelly Motta - Keefe, Bruyette, & Woods, Inc. Adam Butler - Piper Sandler & Co. Matthew Erdner - JonesTrading Operator Ladies and gentlemen, welcome to the Hanmi Financial Corporation's First Quarter 2024 Conference Call. As a reminder, today's call is being recorded for replay purposes.

Hanmi Financial Corporation (HAFC) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Hanmi Financial (HAFC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hanmi Financial (HAFC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Hanmi Financial (HAFC) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.72 per share a year ago.

Hanmi Financial (HAFC) Misses Q1 Earnings and Revenue Estimates

LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the first quarter of 2024.

Hanmi Reports 2024 First Quarter Results

Hanmi Financial (HAFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Hanmi Financial (HAFC) to Report a Decline in Earnings: What to Look Out for

LOS ANGELES, April 09, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report first quarter 2024 financial results at the market close on Tuesday, April 23, 2024. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

Hanmi Financial Corporation Announces First Quarter 2024 Earnings and Conference Call Date

LOS ANGELES, April 04, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced the release of its 2023 annual letter to shareholders entitled “Building on our Legacy of Trust” authored by President and Chief Executive Officer Bonnie Lee. To view the letter please visit Hanmi Financial Corporation (HAFC).

Hanmi Releases 2023 Annual Shareholder Letter

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HAFC, AVTR and WHD have been added to the Zacks Rank #5 (Strong Sell) List on February 20, 2024.

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T, DSRLF and HAFC have been added to the Zacks Rank #5 (Strong Sell) List on January 29, 2023.

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LOS ANGELES, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), and its wholly-owned subsidiary, Hanmi Bank (the “Bank”), today announced that James Marasco has been appointed to the Board of Directors of the Company and the Bank. The addition of Mr. Marasco brings the total number of Hanmi Board directors to ten.

James Marasco Appointed to the Board of Hanmi Financial Corporation

LOS ANGELES, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced that its Board of Directors declared a cash dividend on its common stock for the 2024 first quarter of $0.25 per share. The dividend will be paid on February 22, 2024, to stockholders of record as of the close of business on February 5, 2024.

Hanmi Financial Declares Cash Dividend of $0.25 per share

Hanmi Financial Corporation (HAFC) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Hanmi Financial (HAFC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hanmi Financial (HAFC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Hanmi Financial (HAFC) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.93 per share a year ago.

Hanmi Financial (HAFC) Beats Q4 Earnings Estimates

LOS ANGELES, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the 2023 fourth quarter and full year.

Hanmi Reports 2023 Fourth Quarter and Full Year Results

Earnings Preview: Hanmi Financial (HAFC) Q4 Earnings Expected to Decline

LOS ANGELES, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report fourth quarter 2023 financial results at the market close on Tuesday, January 23, 2024. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

Hanmi Financial Corporation Announces Fourth Quarter 2023 Earnings and Conference Call Date

LOS ANGELES, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced it hosted a community grand opening event on Tuesday, December 5th, to commemorate its new branch in Dublin, CA. Melissa Hernandez, Mayor of Dublin, local leaders from the Korean American community, and clients of the bank joined the celebration.

Hanmi Bank Celebrates Grand Opening of Its New Dublin, CA Branch with Local Community

Hanmi Financial (HAFC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Hanmi Financial (HAFC) Loses -10.44% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

While the top- and bottom-line numbers for Hanmi Financial (HAFC) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Hanmi Financial (HAFC) Q3 Earnings: A Look at Key Metrics

Hanmi Financial Corporation (NASDAQ:HAFC ) Q3 2023 Earnings Conference Call October 24, 2023 5:00 PM ET Company Participants Larry Clark - Investor Relations Bonnie Lee - President and Chief Executive Officer Anthony Kim - Chief Banking Officer Ron Santarosa - Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Kelly Motta - KBW Operator Ladies and gentlemen, welcome to the Hanmi Financial Corporation's Third Quarter 2023 Conference Call. As a reminder, today's call is being recorded for replay purposes.

Hanmi Financial Corporation (HAFC) Q3 2023 Earnings Call Transcript

Hanmi Financial (HAFC) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.89 per share a year ago.

Hanmi Financial (HAFC) Beats Q3 Earnings and Revenue Estimates

LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the third quarter of 2023.

News for Hanmi Financial Stock (HAFC)