Hanmi Financial Corporation Company Profile (NASDAQ:HAFC)

About Hanmi Financial Corporation

Hanmi Financial Corporation logoHanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington. The Bank's client base reflects the multi-ethnic composition of these communities. The Bank maintains a branch network of over 40 full-service branch offices in California, Illinois, New Jersey, New York, Texas and Virginia, and loan production offices in California, Colorado, Texas, Virginia and Washington State. Its lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term loans, commercial lines of credit and international), and consumer loans and small business administration (SBA) loans. Its revenues are derived from interest and fees on its loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: HAFC
  • CUSIP: 41049520
Key Metrics:
  • Previous Close: $33.95
  • 50 Day Moving Average: $33.99
  • 200 Day Moving Average: $29.19
  • 52-Week Range: $31,956,000.00 - $20.10
  • Trailing P/E Ratio: 19.23
  • Foreward P/E Ratio: 15.72
  • P/E Growth: 2.25
  • Market Cap: $1.08B
  • Outstanding Shares: 31,956,000
  • Beta: 0.98
Profitability:
  • Net Margins: 26.70%
  • Return on Equity: 10.81%
  • Return on Assets: 1.27%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.04%
Additional Links:
Companies Related to Hanmi Financial Corporation:

Analyst Ratings

Consensus Ratings for Hanmi Financial Corporation (NASDAQ:HAFC) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $29.75 (11.59% downside)

Analysts' Ratings History for Hanmi Financial Corporation (NASDAQ:HAFC)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017FBR & CoBoost Price TargetOutperform$38.00 -> $39.00View Rating Details
10/19/2016FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
8/25/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$28.00View Rating Details
6/2/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$28.00 -> $26.00View Rating Details
4/20/2016Piper Jaffray CompaniesBoost Price TargetNeutral$24.00 -> $26.00View Rating Details
1/27/2016DA DavidsonLower Price TargetBuy$28.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Hanmi Financial Corporation (NASDAQ:HAFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/24/2017Q4 2016$0.43$0.45ViewN/AView Earnings Details
10/18/2016Q3$0.44$0.41$49.76 millionViewListenView Earnings Details
7/19/2016Q2$0.42$0.44ViewListenView Earnings Details
4/19/2016Q1$0.41$0.46$47.80 millionViewListenView Earnings Details
1/26/2016Q415$0.41$0.46$47.81 millionViewListenView Earnings Details
10/27/2015Q315$0.40$0.44$46.85 millionViewListenView Earnings Details
7/23/2015Q215$0.37$0.44$46.79 millionViewListenView Earnings Details
4/23/2015Q115$0.31$0.35$46.67 million$48.30 millionViewN/AView Earnings Details
2/20/2015$0.34$0.19ViewN/AView Earnings Details
2/5/2015Q414$0.34$0.20$45.10 millionViewN/AView Earnings Details
11/7/2014Q314$0.33$0.41$38.00 millionViewN/AView Earnings Details
7/22/2014Q214$0.33$0.36$36.40 millionViewN/AView Earnings Details
4/22/2014Q1 14$0.33$0.35ViewN/AView Earnings Details
1/27/2014Q4 13$0.32$0.31$35.24 millionViewN/AView Earnings Details
10/22/2013Q313$0.32$0.32$35.93 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hanmi Financial Corporation (NASDAQ:HAFC)
Current Year EPS Consensus Estimate: $1.89 EPS
Next Year EPS Consensus Estimate: $2.14 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.37$0.44$0.40
Q2 20163$0.41$0.43$0.42
Q3 20163$0.42$0.45$0.44
Q4 20163$0.40$0.43$0.42
Q1 20173$0.41$0.47$0.45
Q2 20173$0.44$0.49$0.47
Q3 20173$0.48$0.51$0.49
Q4 20173$0.51$0.52$0.52
Q1 20182$0.50$0.54$0.52
Q2 20182$0.52$0.56$0.54
Q3 20182$0.56$0.59$0.58
Q4 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hanmi Financial Corporation (NASDAQ:HAFC)
Annual Dividend:$0.76
Dividend Yield:2.26%
Payout Ratio:43.18% (Based on Trailing 12 Months of Earnings)
40.21% (Based on Current Year Consensus EPS Estimate)
35.51% (Based on Next Year Consensus EPS Estimate)

Dividend History for Hanmi Financial Corporation (NASDAQ:HAFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/26/2017quarterly$0.192.24%2/3/20172/7/20172/23/2017
10/27/2016quarterly$0.193.12%11/4/201611/8/201611/23/2016
7/28/2016quarterly$0.193.1%8/4/20168/8/20168/23/2016
6/6/2016quarterly$0.142.34%6/14/20166/16/20166/30/2016
3/4/2016quarterly$0.142.53%3/11/20163/15/20163/30/2016
12/21/2015quarterly$0.142.28%12/29/201512/31/20151/15/2016
9/18/2015quarterly$0.111.79%9/28/20159/30/201510/15/2015
6/10/2015quarterly$0.111.8%6/26/20156/30/20157/15/2015
3/20/2015quarterly$0.112.1%3/27/20153/31/20154/14/2015
12/22/2014quarterly$0.071.29%12/29/201412/31/20141/15/2015
9/12/2014quarterly$0.071.38%9/24/20149/26/201410/10/2014
6/20/2014quarterly$0.071.3%6/26/20146/30/20147/14/2014
3/17/2014quarterly$0.071.14%3/20/20143/24/20144/18/2014
11/26/2013quarterly$0.071.37%12/5/201312/9/201312/23/2013
8/21/2013special$0.078/29/20139/3/20139/17/2013
8/20/2013quarterly$0.079/3/20139/17/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hanmi Financial Corporation (NASDAQ:HAFC)
Insider Ownership Percentage: 3.91%
Institutional Ownership Percentage: 86.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/2/2016Greg D KimInsiderSell1,000$31.30$31,300.00View SEC Filing  
11/22/2016Greg D. KimInsiderSell3,000$31.40$94,200.00View SEC Filing  
8/24/2016Joon Hyung LeeDirectorSell2,412$25.33$61,095.96View SEC Filing  
3/4/2016Joon Hyung LeeDirectorSell5,000$22.25$111,250.00View SEC Filing  
8/26/2015Christie K. ChuDirectorBuy985$23.58$23,226.30View SEC Filing  
8/14/2015Joon Hyung LeeDirectorSell4,000$25.54$102,160.00View SEC Filing  
3/5/2015Chulse ParkDirectorSell299,068$20.14$6,023,229.52View SEC Filing  
2/20/2015Seon Hong KimDirectorSell20,000$20.00$400,000.00View SEC Filing  
12/11/2014Joon Hyung LeeDirectorSell1,000$21.58$21,580.00View SEC Filing  
12/5/2014Joon Hyung LeeDirectorSell2,000$21.48$42,960.00View SEC Filing  
12/4/2014Joon Hyung LeeDirectorSell1,000$20.99$20,990.00View SEC Filing  
12/3/2014Joon Hyung LeeDirectorSell1,000$20.30$20,300.00View SEC Filing  
11/13/2014Joon Hyung LeeDirectorSell4,000$22.24$88,960.00View SEC Filing  
7/25/2014Chong Guk KumCEOBuy8,750$20.95$183,312.50View SEC Filing  
6/5/2014Joon Hyung LeeDirectorSell1,963$22.24$43,657.12View SEC Filing  
5/2/2014David RosenblumDirectorBuy5,000$21.92$109,600.00View SEC Filing  
3/4/2014Joon Hyung LeeDirectorSell4,500$23.93$107,685.00View SEC Filing  
2/4/2014Joseph RhoDirectorBuy2,400$20.50$49,200.00View SEC Filing  
9/20/2013Chong Guk KumCEOBuy1,821$16.55$30,137.55View SEC Filing  
9/12/2013Chong Guk KumCEOBuy20,000$16.17$323,400.00View SEC Filing  
9/12/2013Joseph RhoDirectorSell4,000$16.09$64,360.00View SEC Filing  
8/27/2013Bonita LeeCOOBuy10,000$16.40$164,000.00View SEC Filing  
8/27/2013Joon Hyung LeeDirectorBuy5,000$16.54$82,700.00View SEC Filing  
8/1/2013Joon Hyung LeeDirectorSell1,500$17.33$25,995.00View SEC Filing  
7/31/2013Joon Hyung LeeDirectorBuy10,000$16.98$169,800.00View SEC Filing  
7/30/2013Chong Guk KumCEOBuy15,000$17.00$255,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Hanmi Financial Corporation (NASDAQ:HAFC)
DateHeadline
finance.yahoo.com logoHanmi Bank Announces Hiring of Senior Lenders (NASDAQ:HAFC)
finance.yahoo.com - February 16 at 5:32 PM
nasdaq.com logoHanmi Financial Corporation (HAFC) Ex-Dividend Date Scheduled for (NASDAQ:HAFC)
www.nasdaq.com - February 3 at 6:08 PM
capitalcube.com logoHanmi Financial Corp. :HAFC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017 (NASDAQ:HAFC)
www.capitalcube.com - February 1 at 6:20 PM
News IconSADIF Analytics releases new summary due diligence report for Hanmi Financial Corp ($HAFC). (NASDAQ:HAFC)
reports.pr-inside.com - January 31 at 6:15 PM
capitalcube.com logoHanmi Financial Corp. breached its 50 day moving average in a Bearish Manner : HAFC-US : January 31, 2017 (NASDAQ:HAFC)
www.capitalcube.com - January 31 at 6:15 PM
capitalcube.com logoHanmi Financial Corp. :HAFC-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NASDAQ:HAFC)
www.capitalcube.com - January 31 at 6:15 PM
finance.yahoo.com logoKEELEY All Cap Value Fund 4th Quarter Commentary (NASDAQ:HAFC)
finance.yahoo.com - January 27 at 7:31 PM
biz.yahoo.com logoQ4 2016 Hanmi Financial Corp Earnings Release - Before Market Open (NASDAQ:HAFC)
us.rd.yahoo.com - January 25 at 4:25 AM
us.rd.yahoo.com logoHanmi Reports Strong Fourth Quarter and Full Year 2016 Results Driven by Growth in Loans Receivable (NASDAQ:HAFC)
us.rd.yahoo.com - January 25 at 4:25 AM
us.rd.yahoo.com logo8:34 am Hanmi Financial reports Q4 results; beats by $0.01 (NASDAQ:HAFC)
us.rd.yahoo.com - January 25 at 4:25 AM
finance.yahoo.com logoEdited Transcript of HAFC earnings conference call or presentation 24-Jan-17 9:00pm GMT (NASDAQ:HAFC)
finance.yahoo.com - January 25 at 4:25 AM
seekingalpha.com logoHanmi Financial's (HAFC) CEO C. G. Kum on Q4 2016 Results - Earnings Call Transcript (NASDAQ:HAFC)
seekingalpha.com - January 24 at 11:24 PM
rttnews.com logoHanmi Financial Corporation Q4 Income Drops 3% (NASDAQ:HAFC)
www.rttnews.com - January 24 at 6:21 PM
News IconIs Hanmi Financial Corporation’s (HAFC) 11.2% ROE Good Enough When Compared To Its Industry? (NASDAQ:HAFC)
simplywall.st - January 24 at 6:21 PM
sg.finance.yahoo.com logoHanmi Financial tops 4Q profit forecasts (NASDAQ:HAFC)
sg.finance.yahoo.com - January 24 at 6:21 PM
biz.yahoo.com logoHANMI FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:HAFC)
biz.yahoo.com - January 24 at 6:21 PM
capitalcube.com logoHanmi Financial Corp. : HAFC-US: Dividend Analysis : November 08th, 2016 (record date) : By the numbers : January 6, 2017 (NASDAQ:HAFC)
www.capitalcube.com - January 6 at 6:13 PM
publicnow.com logoHanmi Financial Corporation Announces Fourth Quarter 2016 Earnings and Conference Call Date (NASDAQ:HAFC)
www.publicnow.com - January 5 at 6:34 PM
News IconChief Administrative Officer of Hanmi Financial Corporation (NASDAQ:HAFC), Kim Greg D, sells 1,000 shares worth $31,300 (NASDAQ:HAFC)
empowerednews.net - December 6 at 11:00 PM
News IconChief Administrative Officer of Hanmi Financial Corporation (NASDAQ:HAFC), Kim Greg D, sells 3,000 shares worth $94,200 (NASDAQ:HAFC)
empowerednews.net - November 23 at 8:01 AM
capitalcube.com logoETF’s with exposure to Hanmi Financial Corp. : November 11, 2016 (NASDAQ:HAFC)
www.capitalcube.com - November 11 at 4:53 PM
capitalcube.com logoHanmi Financial Corp. breached its 50 day moving average in a Bullish Manner : HAFC-US : November 10, 2016 (NASDAQ:HAFC)
www.capitalcube.com - November 10 at 4:43 PM
4-traders.com logoHanmi Financial : Acquires Commercial Equipment Leasing Unit (NASDAQ:HAFC)
www.4-traders.com - October 31 at 11:55 AM
marketexclusive.com logoBanc of California, Inc. (NYSE:BANC) Files An 8-K Announces Sale of Commercial Equipment Finance Division and Seasoned Residential Loan Pool (NASDAQ:HAFC)
marketexclusive.com - October 28 at 5:13 PM
capitalcube.com logoETF’s with exposure to Hanmi Financial Corp. : October 28, 2016 (NASDAQ:HAFC)
www.capitalcube.com - October 28 at 5:12 PM
publicnow.com logoHanmi Acquires Commercial Equipment Leasing Unit (NASDAQ:HAFC)
www.publicnow.com - October 28 at 8:40 AM
finance.yahoo.com logo2:56 am Hanmi Financial acquires CSF unit of Banc of California (BANC (NASDAQ:HAFC)
finance.yahoo.com - October 28 at 8:40 AM
finance.yahoo.com logoBanc of California Announces Sale of Commercial Equipment Finance Division and Seasoned Residential Loan Pool (NASDAQ:HAFC)
finance.yahoo.com - October 28 at 8:40 AM
publicnow.com logoHanmi Financial Declares Cash Dividend of $0.19 per Share (NASDAQ:HAFC)
www.publicnow.com - October 27 at 10:04 AM
capitalcube.com logoHanmi Financial Corp. :HAFC-US: Earnings Analysis: Q3, 2016 By the Numbers : October 26, 2016 (NASDAQ:HAFC)
www.capitalcube.com - October 26 at 5:26 PM
seekingalpha.com logoHanmi's Financial Flexibility Will Not Allow It To Do Splits (NASDAQ:HAFC)
seekingalpha.com - October 25 at 10:18 AM
cnbc.com logoHanmi Financial misses Street 3Q forecasts (NASDAQ:HAFC)
www.cnbc.com - October 19 at 5:44 PM
nasdaq.com logoHanmi Financial Corporation Announces 6% Drop In Q3 Profit (NASDAQ:HAFC)
www.nasdaq.com - October 19 at 5:44 PM
seekingalpha.com logoHanmi Financial's (HAFC) CEO C.G. Kum on Q3 2016 Results - Earnings Call Transcript (NASDAQ:HAFC)
seekingalpha.com - October 19 at 5:44 PM
finance.yahoo.com logoEdited Transcript of HAFC earnings conference call or presentation 18-Oct-16 8:00pm GMT (NASDAQ:HAFC)
finance.yahoo.com - October 19 at 10:16 AM
News IconLatest Analyst Ratings For Hanmi Financial Corporation (NASDAQ:HAFC) (NASDAQ:HAFC)
magseriesusa.net - October 17 at 5:21 PM
capitalcube.com logoHanmi Financial Corp. : HAFC-US: Dividend Analysis : August 08th, 2016 (record date) : By the numbers : October 17, 2016 (NASDAQ:HAFC)
www.capitalcube.com - October 17 at 5:21 PM
finance.yahoo.com logoHanmi Launches Hanmi Dream Scholarship Program (NASDAQ:HAFC)
finance.yahoo.com - October 17 at 10:24 AM
publicnow.com logoHanmi Financial Corporation Announces Third Quarter 2016 Earnings and Conference Call Date (NASDAQ:HAFC)
www.publicnow.com - September 27 at 9:56 AM
finance.yahoo.com logoHanmi Financial Corp. to Participate in the Raymond James 2016 U.S. Bank Conference (NASDAQ:HAFC)
finance.yahoo.com - August 30 at 5:27 PM
biz.yahoo.com logoHANMI FINANCIAL CORP Files SEC form 8-K/A, Submission of Matters to a Vote of Security Holders (NASDAQ:HAFC)
biz.yahoo.com - August 2 at 5:38 PM
publicnow.com logoHanmi Financial Increases Quarterly Cash Dividend By 36% (NASDAQ:HAFC)
www.publicnow.com - July 28 at 9:28 AM
publicnow.com logoHanmi Financial Corp. to Participate in the 2016 KBW Community Bank Investor Conference (NASDAQ:HAFC)
www.publicnow.com - July 25 at 4:08 PM
capitalcube.com logoHanmi Financial Corp. :HAFC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 (NASDAQ:HAFC)
www.capitalcube.com - July 21 at 11:17 AM
msn.com logoHanmi Financial's (HAFC) CEO C. G. Kum on Q2 2016 Results - Earnings Call Transcript (NASDAQ:HAFC)
www.msn.com - July 20 at 8:15 AM
finance.yahoo.com logoEdited Transcript of HAFC earnings conference call or presentation 19-Jul-16 8:00pm GMT (NASDAQ:HAFC)
finance.yahoo.com - July 19 at 6:59 PM
rttnews.com logoEARNINGS SUMMARY: Details of Hanmi Financial Corporation Q2 Earnings Report (NASDAQ:HAFC)
www.rttnews.com - July 19 at 5:28 PM
rttnews.com logoEARNINGS SUMMARY: Details of Hanmi Financial Corporation Q2 Earnings Report (NASDAQ:HAFC)
www.rttnews.com - July 19 at 5:28 PM
cnbc.com logoHanmi Financial tops Street 2Q forecasts (NASDAQ:HAFC)
www.cnbc.com - July 19 at 5:28 PM
finance.yahoo.com logoHanmi Financial tops Street 2Q forecasts (NASDAQ:HAFC)
finance.yahoo.com - July 19 at 5:28 PM

Social

What is Hanmi Financial Corporation's stock symbol?

Hanmi Financial Corporation trades on the NASDAQ under the ticker symbol "HAFC."

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

Hanmi Financial Corporation announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Tuesday, February 7th will be given a dividend of $0.19 per share on Thursday, February 23rd. This represents a $0.76 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend is Friday, February 3rd.

Where is Hanmi Financial Corporation's stock going? Where will Hanmi Financial Corporation's stock price be in 2017?

5 analysts have issued 1-year price objectives for Hanmi Financial Corporation's stock. Their predictions range from $26.00 to $39.00. On average, they anticipate Hanmi Financial Corporation's stock price to reach $29.75 in the next year.

When will Hanmi Financial Corporation announce their earnings?

Hanmi Financial Corporation is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

Who owns Hanmi Financial Corporation stock?

Hanmi Financial Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.77%), Renaissance Technologies LLC (4.29%), FMR LLC (4.17%), Thrivent Financial for Lutherans (4.13%), State Street Corp (2.84%) and Systematic Financial Management LP (1.57%). Company insiders that own Hanmi Financial Corporation stock include Christie K Chu, Chulse Park, Greg D Kim, Joon Hyung Lee and Seon Hong Kim.

Who sold Hanmi Financial Corporation stock? Who is selling Hanmi Financial Corporation stock?

Hanmi Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Stieven Capital Advisors L.P., Systematic Financial Management LP, Guggenheim Capital LLC, Renaissance Technologies LLC, Cornercap Investment Counsel Inc., First Wilshire Securities Management Inc. and Metropolitan Life Insurance Co. NY. Company insiders that have sold Hanmi Financial Corporation stock in the last year include Greg D Kim and Joon Hyung Lee.

Who bought Hanmi Financial Corporation stock? Who is buying Hanmi Financial Corporation stock?

Hanmi Financial Corporation's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Dimensional Fund Advisors LP, Century Capital Management LLC, FMR LLC, Martingale Asset Management L P, Harbor Advisors LLC and A.R.T. Advisors LLC.

How do I buy Hanmi Financial Corporation stock?

Shares of Hanmi Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Hanmi Financial Corporation stock cost?

One share of Hanmi Financial Corporation stock can currently be purchased for approximately $33.65.

Hanmi Financial Corporation (NASDAQ:HAFC) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)

Earnings History Chart

Earnings by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)

Dividend History Chart

Dividend Payments by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)

Last Updated on 2/19/2017 by MarketBeat.com Staff