Hanmi Financial (HAFC) Stock Price, News & Analysis

Company Overview

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. The company also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit; and international finance and trade services and products, such as letters of credit, and import and export financing. In addition, it offers small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. The company was founded in 1982 and is headquartered in Los Angeles, California.

Key Stats

• Today's Range: $23.13 to $23.53
• 50-Day Range: $20.42 to $24.01
• 52-Week Range: $14.95 to $27.59
• Volume: 99,425 shs
• Average Volume: 204,788 shs
• Market Capitalization: $709.82 million
• P/E Ratio: 11.46
• Dividend Yield: 4.60%
• Price Target: $25.75
• Consensus Rating: Hold

Hanmi Financial Stock Analysis - MarketRank™

Hanmi Financial scored higher than 85% of companies evaluated by MarketBeat, and ranked 109th out of 949 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: 3.1 / 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 11.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hanmi Financial is 11.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.27.

Price to Book Value per Share Ratio

Hanmi Financial has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

2.07% 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 2.8, 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 20.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Hanmi Financial is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hanmi Financial does not have a long track record of dividend growth.

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: 2.8 / 5
• Environmental Score: -0.66

Percentage of Shares Shorted

2.07% 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 2.8, 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 20.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.91

News Sentiment

Hanmi Financial has a news sentiment score of 0.91. 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 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Hanmi Financial this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for HAFC on MarketBeat in the last 30 days.

MarketBeat Follows

Only 2 people have added Hanmi Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

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 1.62% 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 at the start of the year. Since then, HAFC stock has decreased by 0.6% and is now trading at $23.49.
View the best growth stocks for 2025 here.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) posted its quarterly earnings results on Tuesday, April, 22nd. The bank reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. The bank earned $62.82 million during the quarter, compared to analysts' expectations of $63.45 million. Hanmi Financial had a trailing twelve-month return on equity of 8.64% and a net margin of 14.45%.
Read the conference call transcript.

Who are Hanmi Financial's major shareholders?

Hanmi Financial's top institutional shareholders include Stieven Capital Advisors L.P. (2.01%), Bank of New York Mellon Corp (1.55%), Principal Financial Group Inc. (0.58%) and Rhumbline Advisers (0.29%). Insiders that own company stock include Romolo Santarosa and Harry Chung.
View institutional ownership trends.

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), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 2/26 Dividend: 2/10/2025
• Ex-Dividend for 2/26 Dividend: 2/10/2025
• Dividend Payable: 2/26/2025
• Last Earnings: 4/22/2025
• Today: 5/03/2025
• Record date for 5/21 Dividend: 5/05/2025
• Ex-Dividend for 5/21 Dividend: 5/05/2025
• Dividend Payable: 5/21/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• 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: +9.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.13
• Trailing P/E Ratio: 11.46
• Forward P/E Ratio: 9.03
• P/E Growth: N/A
• Net Income: $62.20 million
• Net Margins: 14.45%
• Pretax Margin: 20.59%
• Return on Equity: 8.64%
• Return on Assets: 0.82%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 1.00
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $237.93 million
• Price / Sales: 2.98
• Cash Flow: $2.85 per share
• Price / Cash Flow: 8.24
• Book Value: $24.25 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 30,218,000
• Free Float: 29,707,000
• Market Cap: $709.82 million
• Optionable: Optionable
• Beta: 0.68