FY2025 EPS Estimate for Hanmi Financial Raised by Analyst

Hanmi Financial Corporation (NASDAQ:HAFC - Free Report) - Research analysts at DA Davidson raised their FY2025 earnings per share (EPS) estimates for Hanmi Financial in a research report issued on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the bank will earn $2.57 per share for the year, up from their prior forecast of $2.55. The consensus estimate for Hanmi Financial's current full-year earnings is $2.60 per share. DA Davidson also issued estimates for Hanmi Financial's FY2026 earnings at $2.75 EPS.

Hanmi Financial Trading Up 0.5%

Shares of NASDAQ:HAFC opened at $24.81 on Monday. The company has a market capitalization of $749.51 million, a P/E ratio of 11.65 and a beta of 0.73. Hanmi Financial has a 1 year low of $15.74 and a 1 year high of $27.59. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.98. The business's 50 day simple moving average is $23.25 and its 200 day simple moving average is $23.06.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. The business had revenue of $62.82 million for the quarter, compared to the consensus estimate of $63.45 million. Hanmi Financial had a return on equity of 8.84% and a net margin of 15.05%.

Hanmi Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Monday, May 5th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date was Monday, May 5th. Hanmi Financial's dividend payout ratio is presently 50.70%.

Institutional Investors Weigh In On Hanmi Financial

A number of large investors have recently modified their holdings of HAFC. Rhino Investment Partners Inc acquired a new stake in shares of Hanmi Financial in the 4th quarter valued at $15,400,000. Invesco Ltd. boosted its holdings in shares of Hanmi Financial by 106.8% in the 4th quarter. Invesco Ltd. now owns 403,586 shares of the bank's stock valued at $9,533,000 after purchasing an additional 208,463 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Hanmi Financial by 16.4% in the 1st quarter. LSV Asset Management now owns 1,376,791 shares of the bank's stock valued at $31,198,000 after purchasing an additional 193,610 shares in the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of Hanmi Financial in the 4th quarter valued at $4,262,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Hanmi Financial in the 4th quarter valued at $3,108,000. Institutional investors and hedge funds 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.

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