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Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

Hanmi Financial Stock Price, News & Analysis (NASDAQ:HAFC)

$18.35
+0.60 (+3.38%)
(As of 12/7/2023 ET)
Compare
Today's Range
$17.63
$18.35
50-Day Range
$13.99
$18.35
52-Week Range
$13.35
$25.95
Volume
145,878 shs
Average Volume
187,457 shs
Market Capitalization
$557.73 million
P/E Ratio
6.24
Dividend Yield
5.45%
Price Target
$21.25

Hanmi Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
15.8% Upside
$21.25 Price Target
Short Interest
Bearish
2.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.63
Upright™ Environmental Score
News Sentiment
0.91mentions of Hanmi Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$14,230 Bought Last Quarter
Proj. Earnings Growth
-8.11%
From $2.59 to $2.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Financial Services Sector

46th out of 138 stocks

Banks - Regional Industry

20th out of 67 stocks


HAFC stock logo

About Hanmi Financial Stock (NASDAQ:HAFC)

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, interest-bearing checking and 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, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, it offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; finance lending to small and middle market businesses; and 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.

HAFC Stock Price History

HAFC Stock News Headlines

Hanmi Financial Corp HAFC
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Aehr Test Systems (AYB.F)
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Hanmi Bank: Hanmi Reports 2023 Third Quarter Results
Hanmi Reports 2023 Third Quarter Results
Hanmi Pharm Co Ltd (128940)
Hanmi Financial's (NASDAQ:HAFC) Dividend Will Be $0.25
See More Headlines
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Company Calendar

Last Earnings
10/24/2023
Ex-Dividend for 11/22 Dividend
11/03/2023
Dividend Payable
11/22/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/23/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:HAFC
Previous Symbol
NASDAQ:HAFCD
CUSIP
41049520
Employees
619
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$21.25
High Stock Price Target
$29.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+15.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$101.39 million
Pretax Margin
32.16%

Debt

Sales & Book Value

Annual Sales
$261.70 million
Cash Flow
$3.96 per share
Book Value
$20.91 per share

Miscellaneous

Free Float
29,950,000
Market Cap
$557.73 million
Optionable
Optionable
Beta
0.99

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Key Executives

  • Ms. Bonita I. Lee (Age 60)
    President, CEO & Director
    Comp: $1.56M
  • Mr. Romolo C. Santarosa (Age 67)
    Senior EVP & CFO
    Comp: $799.23k
  • Mr. Anthony I. Kim (Age 55)
    Senior EVP & Chief Banking Officer
    Comp: $533.98k
  • Mr. Matthew D. Fuhr (Age 60)
    EVP & Chief Credit Officer
    Comp: $483.92k
  • Mr. Michael Du (Age 50)
    Senior VP & Chief Risk Officer
    Comp: $362.28k
  • Mr. Joseph A. Pangrazio (Age 63)
    Senior VP & Chief Accounting Officer
  • Ms. Vivian I. Kim (Age 41)
    Executive VP, General Counsel & Chief People Officer














HAFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Hanmi Financial stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HAFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HAFC, but not buy additional shares or sell existing shares.
View HAFC analyst ratings
or view top-rated stocks.

What is Hanmi Financial's stock price target for 2024?

3 brokerages have issued 1-year price targets for Hanmi Financial's stock. Their HAFC share price targets range from $16.00 to $29.00. On average, they anticipate the company's share price to reach $21.25 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for HAFC
or view top-rated stocks among Wall Street analysts.

How have HAFC shares performed in 2023?

Hanmi Financial's stock was trading at $24.75 at the start of the year. Since then, HAFC shares have decreased by 25.9% and is now trading at $18.35.
View the best growth stocks for 2023 here
.

When is Hanmi Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our HAFC earnings forecast
.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) issued its quarterly earnings results on Tuesday, October, 24th. The bank reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.01. The bank had revenue of $66.08 million for the quarter, compared to the consensus estimate of $62.67 million. Hanmi Financial had a net margin of 23.09% and a trailing twelve-month return on equity of 13.66%.

How often does Hanmi Financial pay dividends? What is the dividend yield for Hanmi Financial?

Hanmi Financial declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Monday, November 6th will be paid a dividend of $0.25 per share on Wednesday, November 22nd. This represents a $1.00 annualized dividend and a dividend yield of 5.45%. The ex-dividend date is Friday, November 3rd.
Read our dividend analysis for HAFC
.

Is Hanmi Financial a good dividend stock?

Hanmi Financial (NASDAQ:HAFC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.66%. HAFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAFC will have a dividend payout ratio of 42.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAFC.

What ETFs hold Hanmi Financial's stock?

ETFs with the largest weight of Hanmi Financial (NASDAQ:HAFC) stock in their portfolio include Hypatia Women CEO ETF (WCEO).Invesco S&P SmallCap Low Volatility ETF (XSLV).

What is Jay S. Yoo's approval rating as Hanmi Financial's CEO?

15 employees have rated Hanmi Financial Chief Executive Officer Jay S. Yoo on Glassdoor.com. Jay S. Yoo has an approval rating of 37% among the company's employees. This puts Jay S. Yoo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Hanmi Financial own?
Who are Hanmi Financial's major shareholders?

Hanmi Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (6.76%), LSV Asset Management (3.97%), Massachusetts Financial Services Co. MA (3.58%), Charles Schwab Investment Management Inc. (2.96%), AQR Capital Management LLC (1.28%) and American Century Companies Inc. (1.18%). Insiders that own company stock include Harry Chung, Michael Yang and Romolo Santarosa.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HAFC) was last updated on 12/8/2023 by MarketBeat.com Staff

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