S&P 500   3,851.85
DOW   31,188.38
QQQ   324.09
S&P 500   3,851.85
DOW   31,188.38
QQQ   324.09
S&P 500   3,851.85
DOW   31,188.38
QQQ   324.09
S&P 500   3,851.85
DOW   31,188.38
QQQ   324.09
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NASDAQ:HAFC

Hanmi Financial Stock Forecast, Price & News

$12.63
-0.28 (-2.17 %)
(As of 01/20/2021 03:59 PM ET)
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Today's Range
$12.60
Now: $12.63
$12.87
50-Day Range
$10.36
MA: $11.61
$12.86
52-Week Range
$7.15
Now: $12.63
$19.45
Volume7,112 shs
Average Volume177,847 shs
Market Capitalization$387.98 million
P/E Ratio12.51
Dividend Yield2.50%
Beta1.35
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company 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. It also provides real estate loans, including 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, the company offers consumer loans that include automobile loans, secured and unsecured personal loans, home improvement loans, home equity lines of credit, unsecured lines of credit, and credit cards; 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. As of February. 06, 2020, it operated a network of 35 full-service branches and 9 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 1982 and is headquartered in Los Angeles, California.
Hanmi Financial logo

MarketRank

Overall MarketRank

1.98 out of 5 stars

Finance Sector

255th out of 1,939 stocks

National Commercial Banks Industry

34th out of 164 stocks

Analyst Opinion: 1.0Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HAFC
Previous SymbolNASDAQ:HAFCD
CUSIP41049520
Phone213-382-2200
Employees633

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$274.32 million
Cash Flow$1.37 per share
Book Value$18.10 per share

Profitability

Net Income$32.79 million

Miscellaneous

Market Cap$387.98 million
Next Earnings Date1/26/2021 (Confirmed)
OptionableOptionable
$12.63
-0.28 (-2.17 %)
(As of 01/20/2021 03:59 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Hanmi Financial (NASDAQ:HAFC) Frequently Asked Questions

How has Hanmi Financial's stock price been impacted by COVID-19?

Hanmi Financial's stock was trading at $13.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HAFC stock has decreased by 5.8% and is now trading at $12.61.
View which stocks have been most impacted by COVID-19
.

Is Hanmi Financial a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Hanmi Financial stock. 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 analyst ratings for Hanmi Financial
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Hanmi Financial?

Wall Street analysts have given Hanmi Financial a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Hanmi Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Hanmi Financial's CEO?

1,428 employees have rated Hanmi Financial CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among Hanmi Financial's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Hanmi Financial's next earnings date?

Hanmi Financial is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Hanmi Financial
.

How can I listen to Hanmi Financial's earnings call?

Hanmi Financial will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) issued its quarterly earnings data on Tuesday, October, 27th. The bank reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.27. The bank had revenue of $52.75 million for the quarter, compared to analysts' expectations of $52.05 million. Hanmi Financial had a return on equity of 5.56% and a net margin of 11.41%.
View Hanmi Financial's earnings history
.

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

Hanmi Financial declared a quarterly dividend on Friday, November 6th. Investors of record on Monday, November 16th will be paid a dividend of $0.08 per share on Monday, November 30th. This represents a $0.32 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Friday, November 13th.
View Hanmi Financial's dividend history
.

Is Hanmi Financial a good dividend stock?

Hanmi Financial pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.50%. The dividend payout ratio of Hanmi Financial is 30.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hanmi Financial will have a dividend payout ratio of 31.68% next year. This indicates that Hanmi Financial will be able to sustain or increase its dividend.
View Hanmi Financial's dividend history.

How will Hanmi Financial's stock buyback program work?

Hanmi Financial announced that its board has authorized a stock buyback program on Thursday, January 24th 2019, which authorizes the company to buyback 1,500,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for HAFC?

3 analysts have issued 12 month price objectives for Hanmi Financial's shares. Their forecasts range from $9.00 to $9.00. On average, they expect Hanmi Financial's stock price to reach $9.00 in the next year. This suggests that the stock has a possible downside of 28.6%.
View analysts' price targets for Hanmi Financial
or view Wall Street analyst' top-rated stocks.

Who are some of Hanmi Financial's key competitors?

What other stocks do shareholders of Hanmi Financial own?

Who are Hanmi Financial's key executives?

Hanmi Financial's management team includes the following people:
  • Ms. Bonita I. Lee, Pres, CEO & Director (Age 58, Pay $894.61k)
  • Mr. Romolo C. Santarosa, Sr. EVP & CFO (Age 65, Pay $544.09k)
  • Mr. Min S. Park, Exec. VP & Chief Credit Risk Officer of Hanmi Bank (Age 58, Pay $300.36k)
  • Mr. Matthew D. Fuhr, Exec. VP & Chief Credit Admin. Officer of Hanmi Bank (Age 58, Pay $345.57k)
  • Mr. Patrick M. Carr, Chief Accounting Officer (Age 49)
  • Vivian I. Kim, Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Greg D. Kim, Chief Admin. Officer & Exec. VP of Hanmi Bank (Age 60)
  • Mr. Anthony I. Kim, Exec. VP & Chief Banking Officer of Hanmi Bank (Age 53)
  • Mr. Michael Du, Sr. VP & Chief Risk Officer of Hanmi Bank (Age 48)

What is Hanmi Financial's stock symbol?

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

Who are Hanmi Financial's major shareholders?

Hanmi Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Exchange Traded Concepts LLC (0.09%), State of Alaska Department of Revenue (0.08%) and Unison Advisors LLC (0.06%). Company insiders that own Hanmi Financial stock include Bonita Lee, David L Rosenblum, John J Ahn, Joseph K Rho and Romolo Santarosa.
View institutional ownership trends for Hanmi Financial
.

Which major investors are selling Hanmi Financial stock?

HAFC stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
View insider buying and selling activity for Hanmi Financial
or view top insider-selling stocks.

Which major investors are buying Hanmi Financial stock?

HAFC stock was bought by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, and Unison Advisors LLC. Company insiders that have bought Hanmi Financial stock in the last two years include Bonita Lee, David L Rosenblum, John J Ahn, and Romolo Santarosa.
View insider buying and selling activity for Hanmi Financial
or or view top insider-buying stocks.

How do I buy shares of Hanmi Financial?

Shares of HAFC 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.

What is Hanmi Financial's stock price today?

One share of HAFC stock can currently be purchased for approximately $12.61.

How big of a company is Hanmi Financial?

Hanmi Financial has a market capitalization of $387.37 million and generates $274.32 million in revenue each year. The bank earns $32.79 million in net income (profit) each year or $1.06 on an earnings per share basis. Hanmi Financial employs 633 workers across the globe.

What is Hanmi Financial's official website?

The official website for Hanmi Financial is www.hanmi.com.

How can I contact Hanmi Financial?

Hanmi Financial's mailing address is 3660 WILSHIRE BLVD SUITE PH-A, LOS ANGELES CA, 90010. The bank can be reached via phone at 213-382-2200 or via email at [email protected]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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