Analysts Set Expectations for Hanmi Financial Q2 Earnings

Hanmi Financial Co. (NASDAQ:HAFC - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for Hanmi Financial in a research report issued on Thursday, April 24th. DA Davidson analyst G. Tenner expects that the bank will post earnings per share of $0.62 for the quarter. DA Davidson currently has a "Neutral" rating and a $27.50 price target on the stock. The consensus estimate for Hanmi Financial's current full-year earnings is $2.60 per share.

Hanmi Financial Stock Performance

NASDAQ:HAFC traded down $0.46 during trading hours on Friday, reaching $22.68. The stock had a trading volume of 37,825 shares, compared to its average volume of 204,151. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.00. The stock has a 50 day simple moving average of $22.22 and a 200 day simple moving average of $23.35. Hanmi Financial has a 12-month low of $14.95 and a 12-month high of $27.59. The stock has a market cap of $685.34 million, a P/E ratio of 11.06 and a beta of 0.68.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. Hanmi Financial had a return on equity of 8.64% and a net margin of 14.45%. The company had revenue of $62.82 million during the quarter, compared to the consensus estimate of $63.45 million.

Hanmi Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Monday, May 5th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.76%. The ex-dividend date is Monday, May 5th. Hanmi Financial's dividend payout ratio is 50.70%.

Institutional Investors Weigh In On Hanmi Financial

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its stake in Hanmi Financial by 1.9% during the first quarter. SG Americas Securities LLC now owns 25,406 shares of the bank's stock worth $576,000 after purchasing an additional 480 shares during the last quarter. Point72 Asset Management L.P. lifted its stake in Hanmi Financial by 6.6% during the fourth quarter. Point72 Asset Management L.P. now owns 8,527 shares of the bank's stock worth $201,000 after purchasing an additional 527 shares during the last quarter. Cresset Asset Management LLC lifted its stake in Hanmi Financial by 0.9% during the fourth quarter. Cresset Asset Management LLC now owns 56,990 shares of the bank's stock worth $1,346,000 after purchasing an additional 535 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Hanmi Financial by 3.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,112 shares of the bank's stock worth $404,000 after purchasing an additional 547 shares during the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings in shares of Hanmi Financial by 1.3% in the first quarter. SummerHaven Investment Management LLC now owns 47,211 shares of the bank's stock worth $1,070,000 after buying an additional 599 shares during the period. Institutional investors own 88.66% of the company's stock.

About Hanmi Financial

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.