Hanmi FinancialHAFC
Market Cap: 623M
About: Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
Employees: 615
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
9,200% more call options, than puts
Call options by funds: $279K | Put options by funds: $3K
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
4% more funds holding
Funds holding: 171 [Q4 2023] → 178 (+7) [Q1 2024]
1.76% more ownership
Funds ownership: 88.19% [Q4 2023] → 89.95% (+1.76%) [Q1 2024]
10% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 62
17% less capital invested
Capital invested by funds: $520M [Q4 2023] → $433M (-$86.7M) [Q1 2024]
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Wedbush David Chiaverini | 7%upside $22 | Neutral Maintained | 24 Jul 2024 |
DA Davidson Gary Tenner | 2%upside $21 | Neutral Maintained | 24 Jul 2024 |
Keefe, Bruyette & Woods Kelly Motta | 12%downside $18 | Market Perform Reiterated | 24 Apr 2024 |
Wedbush David Chiaverini | 17%downside $17 | Neutral Reiterated | 24 Apr 2024 |
Financial journalist opinion
Based on 16 articles about HAFC published over the past 30 days