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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hanmi Financial (HAFC) achieves record net income in Q4 2022

Hanmi Financial (HAFC) delivered a strong financial performance in Q4 2022, driven by record net income and strategic loan growth initiatives. While facing challenges in credit monitoring and commercial real estate lending caution, the company remains optimistic about future prospects. Leveraging strengths in loan diversification and strategic lending priorities, Hanmi Financial aims to capitalize on growth opportunities and enhance overall financial resilience.

Hanmi Financial reports strong Q1 earnings, eyes growth opportunities

Hanmi Financial demonstrated solid financial performance in Q1 2023, driven by growth in net income, loan balances, and deposits.
While maintaining strong asset quality metrics and strategic initiatives, the company faces challenges in commercial loan growth and credit loss management.
Opportunities lie in diversifying loan production, expanding market presence, and optimizing expenses to support sustained growth and profitability.

Hanmi Financial reports robust Q2 earnings, eyes strong loan pipeline

Hanmi Financial Corporation delivered solid Q2 results driven by deposit growth and strategic initiatives, despite challenges from higher rates impacting loan production. The company's focus on credit quality, relationship-building, and key initiatives like Corporate Korea and residential mortgage lending position it well for future growth. Opportunities lie in a strong loan pipeline, customer-centric solutions, and effective business management.

Hanmi Financial excels in Q3 with strong loan growth and asset quality

Hanmi Financial's Q3 performance showcased strength in loan growth, asset quality, and expense management, positioning the bank well in a competitive banking landscape.
With a focus on maintaining strong capital adequacy and efficient operations, Hanmi Financial is poised to navigate challenges and capitalize on growth opportunities.
Strategic initiatives to diversify loan portfolios, optimize expenses, and enhance digital capabilities can drive Hanmi Financial's long-term success and resilience.

Hanmi Financial reports solid 2023 performance and eyes growth

Hanmi Financial Corporation delivered a solid performance in 2023, showcasing strong financial metrics and effective cost management.
Despite challenges in loan growth, the company's strategic focus on diversified lending and relationship-driven banking positions it well for future growth.
Opportunities lie in expanding partnerships, diversifying lending capabilities, and maintaining strong asset quality to drive continued success.

Hanmi Financial reports solid Q1 earnings, eyes growth opportunities

Hanmi Financial Corporation delivered a strong performance in Q1 2024, with solid financial results and a focus on diversification and disciplined expense management. Despite challenges in net interest income and commercial real estate lending, the company remains confident in achieving growth and creating value for shareholders.

Hanmi Financial posts strong Q2 earnings, focuses on operational efficiency

Hanmi Financial demonstrated solid financial performance in Q2 2024, driven by increased loan production and improved asset quality.
Efforts to enhance operational efficiency and cost management are positively impacting the company's bottom line.
Strategic initiatives such as the share repurchase program and new loan origination system position Hanmi Financial for continued growth.

Hanmi Financial reports robust Q3 earnings and plans Seoul expansion

Hanmi Financial's Q3 performance showcased solid financial results, driven by loan growth and disciplined expense management. While facing challenges in credit quality, the company's strong capital position and growth initiatives position it well for future opportunities and continued success.

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Hanmi Financial (HAFC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Hanmi Financial (HAFC) Hits 52-Week High, Can the Run Continue?

LOS ANGELES, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that its Board of Directors declared a cash dividend on its common stock for the 2021 fourth quarter of $0.20 per share, up 67% from $0.12 per share in the prior quarter. The dividend will be paid on November 24, 2021 to stockholders of record as of the close of business on November 8, 2021.

Hanmi Financial Increases Quarterly Cash Dividend By 67%

Hanmi Financial Corporation (HAFC) CEO Bonnie Lee on Q3 2021 Results - Earnings Call Transcript

Hanmi Reports Third Quarter 2021 Results

Hanmi Financial (HAFC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Hanmi Financial (HAFC) a New Buy Stock

LOS ANGELES, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report third quarter 2021 financial results at the market close on Tuesday, October 26, 2021. 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 Third Quarter 2021 Earnings and Conference Call Date

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LOS ANGELES, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced the closing of its underwritten public offering of $110 million aggregate principal amount of its 3.750% Fixed-to-Floating Rate subordinated notes (the “Notes”) due 2031. The Company plans to use the net proceeds from the Notes offering for general corporate purposes, which may include refinancing activities, including repayment of all or a portion of the outstanding principal amount of our outstanding subordinated notes and junior subordinated debentures.

Hanmi Announces Closing of $110 Million Subordinated Debt Offering

LOS ANGELES, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank (the “Bank”), today announced that it has priced an underwritten public offering of $110 million aggregate principal amount of its fixed-to-floating rate subordinated notes (the “Notes”) due 2031. The Notes will initially bear a fixed interest rate of 3.750% per year. Commencing on September 1, 2026, the interest rate on the Notes resets quarterly to the three-month SOFR rate plus a spread of 310 basis points, payable quarterly in arrears. The offering is expected to close on August 20, 2021, subject to the satisfaction of customary closing conditions.   The Company plans to use the net proceeds from the Notes offering for general corporate purposes, which may include refinancing activities, including repayment of all or a portion of the outstanding principal amount of our outstanding subordinated notes and junior subordinated debentures.

Hanmi Announces Pricing of $110 Million Subordinated Debt Offering

Hanmi Financial (HAFC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Hanmi Financial (HAFC): Will It Gain?

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LOS ANGELES, July 29, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that its Board of Directors declared a cash dividend on its common stock for the 2021 third quarter of $0.12 per share. The dividend will be paid on August 26, 2021 to stockholders of record as of the close of business on August 9, 2021. Hanmi's Board of Directors will continue to monitor the Company's financial performance during the COVID-19 pandemic and will reevaluate quarterly the level of subsequent regular dividends in the future.

Hanmi Financial Declares Cash Dividend of $0.12 per Share

Hanmi Financial Corporation (HAFC) CEO Bonnie Lee on Q2 2021 Results - Earnings Call Transcript

Hanmi Financial (HAFC) delivered earnings and revenue surprises of 50.00% and 9.27%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Hanmi Financial (HAFC) Tops Q2 Earnings and Revenue Estimates

Shares of Hanmi Financial (NASDAQ:HAFC) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 140.00% year over year to $0.72, which beat the estimate of $0.48.

Recap: Hanmi Financial Q2 Earnings

Hanmi Reports Second Quarter 2021 Results

Hanmi Financial (NASDAQ:HAFC) unveils its next round of earnings this Tuesday, July 27. Get prepared with Benzinga's ultimate preview for Hanmi Financial's Q2 earnings.

Earnings Preview: Hanmi Financial

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Hanmi Financial Corp (HAFC) CEO Bonita Lee on Q1 2021 Results - Earnings Call Transcript

Hanmi Financial (HAFC) delivered earnings and revenue surprises of 30.95% and 4.37%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Hanmi Financial (HAFC) Surpasses Q1 Earnings and Revenue Estimates

Shares of Hanmi Financial (NASDAQ:HAFC) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 575.00% year over year to $0.54, which beat the estimate of $0.43.

News for Hanmi Financial Stock (HAFC)