HAFC icon

Hanmi Financial

24.29 USD
-0.09
0.37%
At close Feb 14, 4:00 PM EST
1 day
-0.37%
5 days
-0.86%
1 month
8.20%
3 months
-4.18%
6 months
33.39%
Year to date
6.58%
1 year
61.50%
5 years
37.78%
10 years
18.20%
 

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

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11,283% more call options, than puts

Call options by funds: $683K | Put options by funds: $6K

11% more capital invested

Capital invested by funds: $468M [Q2] → $519M (+$51.1M) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 59

0.04% less ownership

Funds ownership: 92.13% [Q2] → 92.08% (-0.04%) [Q3]

9% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 23

2% less funds holding

Funds holding: 170 [Q2] → 167 (-3) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$28
13%
upside
Avg. target
$28
16%
upside
High target
$29
19%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
DA Davidson
Gary Tenner
73% 1-year accuracy
36 / 49 met price target
13%upside
$28
Neutral
Maintained
30 Jan 2025
Keefe, Bruyette & Woods
Kelly Motta
53% 1-year accuracy
10 / 19 met price target
19%upside
$29
Market Perform
Downgraded
4 Dec 2024

Financial journalist opinion

Based on 10 articles about HAFC published over the past 30 days

Neutral
GlobeNewsWire
4 days ago
Hanmi Bank Sponsors Southern California Wildfire Relief SBA Seminar in Partnership with the SBA Los Angeles District Office and the YMCA
Hanmi joins with Federal Home Loan Bank of San Francisco to donate $30,000 each to the YMCA of Los Angeles and the Korean American Federation of Los Angeles Hanmi joins with Federal Home Loan Bank of San Francisco to donate $30,000 each to the YMCA of Los Angeles and the Korean American Federation of Los Angeles
Hanmi Bank Sponsors Southern California Wildfire Relief SBA Seminar in Partnership with the SBA Los Angeles District Office and the YMCA
Positive
Zacks Investment Research
1 week ago
4 Solid Stocks to Buy That Recently Declared Dividend Hikes
HAFC, HWC, CMS and FSV recently announced dividend hikes.
4 Solid Stocks to Buy That Recently Declared Dividend Hikes
Positive
Zacks Investment Research
1 week ago
Best Momentum Stock to Buy for February 3rd
TRMK, VLY and HAFC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 3, 2025.
Best Momentum Stock to Buy for February 3rd
Positive
Zacks Investment Research
1 week ago
Best Income Stocks to Buy for February 3rd
AKO.B, VLY and HAFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 3, 2025.
Best Income Stocks to Buy for February 3rd
Neutral
Seeking Alpha
2 weeks ago
Hanmi Financial Corporation (HAFC) Q4 2024 Earnings Call Transcript
Hanmi Financial Corporation (NASDAQ:HAFC ) Q4 2024 Earnings Call Transcript January 28, 2025 5:00 PM ET Company Participants Ben Brodkowitz - IR, Financial Profiles, Inc. Bonnie Lee - President and Chief Executive Officer Anthony Kim - Senior Executive Vice President and Chief Banking Officer Ron Santarosa - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Ahmad Hasan - DA Davidson Matthew Erdner - JonesTrading Operator Ladies and gentlemen, welcome to Hanmi Financial Corporation's Fourth Quarter and Full Year 2024 Conference Call. As a reminder, today's call is being recorded for replay purposes.
Hanmi Financial Corporation (HAFC) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 weeks ago
Compared to Estimates, Hanmi Financial (HAFC) Q4 Earnings: A Look at Key Metrics
The headline numbers for Hanmi Financial (HAFC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Hanmi Financial (HAFC) Q4 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
2 weeks ago
Hanmi Financial (HAFC) Q4 Earnings Top Estimates
Hanmi Financial (HAFC) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.61 per share a year ago.
Hanmi Financial (HAFC) Q4 Earnings Top Estimates
Neutral
GlobeNewsWire
2 weeks ago
Hanmi Financial Increases Cash Dividend 8% to $0.27 per share
LOS ANGELES, Jan. 28, 2025 (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 2025 first quarter of $0.27 per share, up 8% from the prior quarter. The dividend will be paid on February 26, 2025, to stockholders of record as of the close of business on February 10, 2025.
Hanmi Financial Increases Cash Dividend 8% to $0.27 per share
Neutral
GlobeNewsWire
2 weeks ago
Hanmi Reports 2024 Fourth Quarter and Full Year Results
LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the fourth quarter of 2024 and full year.
Hanmi Reports 2024 Fourth Quarter and Full Year Results
Neutral
GlobeNewsWire
3 weeks ago
Hanmi Financial to Participate in the Janney 5th Annual Bank CEO Forum
LOS ANGELES, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced its participation in the Janney 5th Annual Bank CEO Forum on Wednesday, January 29 and Thursday, January 30, 2025, in Scottsdale, AZ.
Hanmi Financial to Participate in the Janney 5th Annual Bank CEO Forum
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