Hanmi Financial (HAFC) Stock Price, News & Analysis

Company Overview

Hanmi Financial Corporation is a California-based bank holding company that operates through its primary subsidiary, Hanmi Bank. Founded in 1982 by members of the Korean‐American community in Los Angeles, the company offers a full spectrum of commercial and retail banking services tailored to meet the needs of small to mid‐sized businesses, real estate developers and individual consumers. Its core mission centers on providing personalized, relationship‐driven financial solutions to a diverse customer base.

Hanmi Bank’s product portfolio includes commercial real estate loans, construction financing, business and commercial lending, and consumer banking services such as residential mortgage loans, automotive financing and personal lines of credit. On the deposit side, the bank offers checking and savings accounts, money market accounts and certificates of deposit. To support more sophisticated client needs, Hanmi provides treasury management, trade finance and digital banking platforms designed to streamline cash management and cross‐border transactions.

Originally focused on serving Korean‐American communities in Southern California, Hanmi has expanded its footprint into other key markets across the United States, with branch offices in Northern California, Texas, Georgia, New York and Washington. This geographic diversification enables the bank to tap into booming real estate and commercial markets while maintaining its commitment to the ethnic communities it has long served. Correspondent banking relationships further extend its reach to clients with national and international transaction requirements.

Over the years, Hanmi Financial has been guided by a leadership team steeped in community banking expertise. Under the direction of President and Chief Executive Officer Charles H. Song, the company emphasizes conservative underwriting, strong risk management and community engagement. Hanmi continues to support local nonprofit initiatives and cultural organizations, reinforcing its founding vision of fostering economic growth and financial inclusion within its core markets.

Key Stats

• Today's Range: $26.20 to $26.72
• 50-Day Range: $22.55 to $26.51
• 52-Week Range: $15.74 to $27.59
• Volume: 84,127 shs
• Average Volume: 199,097 shs
• Market Capitalization: $800.87 million
• P/E Ratio: 12.45
• Dividend Yield: 4.07%
• Price Target: $25.75
• Consensus Rating: Hold

Hanmi Financial Stock Analysis - MarketRank™

Hanmi Financial scored higher than 83% of companies evaluated by MarketBeat, and ranked 248th out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Hanmi Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hanmi Financial has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.23%

Earnings Growth

Earnings for Hanmi Financial are expected to grow by 9.23% in the coming year, from $2.60 to $2.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hanmi Financial is 12.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hanmi Financial is 12.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.02.

Price to Book Value per Share Ratio

Hanmi Financial has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.27% of the float of Hanmi Financial has been sold short.

Short Interest Ratio / Days to Cover

Hanmi Financial has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hanmi Financial has recently increased by 1.39%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Hanmi Financial is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hanmi Financial has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Hanmi Financial is 50.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Hanmi Financial will have a dividend payout ratio of 38.03% next year. This indicates that Hanmi Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.63

Percentage of Shares Shorted

2.27% of the float of Hanmi Financial has been sold short.

Short Interest Ratio / Days to Cover

Hanmi Financial has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hanmi Financial has recently increased by 1.39%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.94

News Sentiment

Hanmi Financial has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Hanmi Financial this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hanmi Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.86% of the stock of Hanmi Financial is held by insiders.

Percentage Held by Institutions

88.66% of the stock of Hanmi Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HAFC Stock Analysis - Frequently Asked Questions

How have HAFC shares performed this year?

Hanmi Financial's stock was trading at $23.62 on January 1st, 2025. Since then, HAFC stock has increased by 12.2% and is now trading at $26.51.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Corporation (NASDAQ:HAFC) issued its quarterly earnings data on Tuesday, April, 22nd. The bank reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. The bank earned $62.82 million during the quarter, compared to the consensus estimate of $63.45 million. Hanmi Financial had a trailing twelve-month return on equity of 8.84% and a net margin of 15.05%.
Read the conference call transcript.

How do I buy shares of Hanmi Financial?

Shares of HAFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hanmi Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hanmi Financial investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 4/22/2025
• Record date for 5/21 Dividend: 5/05/2025
• Ex-Dividend for 5/21 Dividend: 5/05/2025
• Dividend Payable: 5/21/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - WEST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:HAFC
• Previous Symbol: NASDAQ:HAFCD
• CIK: 1109242
• Web: www.hanmi.com
• Phone: (213) 382-2200
• Fax: 302-636-5454
• Employees: 630
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $25.75
• High Stock Price Target: $29.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: -2.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.13
• Trailing P/E Ratio: 12.45
• Forward P/E Ratio: 10.20
• P/E Growth: N/A
• Net Income: $62.20 million
• Net Margins: 15.05%
• Pretax Margin: 21.40%
• Return on Equity: 8.84%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 0.98
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $430.37 million
• Price / Sales: 1.86
• Cash Flow: $2.36 per share
• Price / Cash Flow: 11.21
• Book Value: $24.25 per share
• Price / Book: 1.09

Miscellaneous

• Outstanding Shares: 30,210,000
• Free Float: 29,650,000
• Market Cap: $800.87 million
• Optionable: Optionable
• Beta: 0.73