Hanmi Financial Corporation Company Profile (NASDAQ:HAFC)

About Hanmi Financial Corporation (NASDAQ:HAFC)

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 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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:HAFC
  • CUSIP: 41049520
  • Web: www.hanmi.com
Capitalization:
  • Market Cap: $1.02 billion
  • Outstanding Shares: 32,413,000
Average Prices:
  • 50 Day Moving Avg: $29.40
  • 200 Day Moving Avg: $28.55
  • 52 Week Range: $23.27 - $35.85
P/E:
  • Trailing P/E Ratio: 17.74
  • Foreward P/E Ratio: 15.86
  • P/E Growth: 2.14
Sales & Book Value:
  • Annual Revenue: $205.56 million
  • Price / Sales: 4.95
  • Book Value: $17.25 per share
  • Price / Book: 1.82
Dividend:
  • Annual Dividend: $0.84
  • Dividend Yield: 2.7%
Profitability:
  • Net Margins: 24.54%
  • Return on Equity: 10.60%
  • Return on Assets: 1.18%
Debt:
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 135,852 shs.
  • Beta: 0.81
  • Short Ratio: 7.9
 

Frequently Asked Questions for Hanmi Financial Corporation (NASDAQ:HAFC)

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 declared a quarterly dividend on Thursday, October 19th. Stockholders of record on Monday, October 30th will be given a dividend of $0.21 per share on Monday, November 20th. This represents a $0.84 annualized dividend and a dividend yield of 2.68%. The ex-dividend date is Friday, October 27th. View Hanmi Financial Corporation's Dividend History.

How were Hanmi Financial Corporation's earnings last quarter?

Hanmi Financial Corporation (NASDAQ:HAFC) announced its quarterly earnings results on Tuesday, October, 17th. The company reported $0.46 EPS for the quarter, hitting analysts' consensus estimates of $0.46. The firm had revenue of $53.74 million for the quarter, compared to the consensus estimate of $53.30 million. Hanmi Financial Corporation had a net margin of 24.54% and a return on equity of 10.60%. During the same quarter last year, the company posted $0.41 EPS. View Hanmi Financial Corporation's Earnings History.

When will Hanmi Financial Corporation make its next earnings announcement?

Hanmi Financial Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, January, 23rd 2018. View Earnings Estimates for Hanmi Financial Corporation.

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

3 brokers have issued 1-year price objectives for Hanmi Financial Corporation's shares. Their forecasts range from $28.00 to $34.00. On average, they anticipate Hanmi Financial Corporation's stock price to reach $31.00 in the next year. View Analyst Ratings for Hanmi Financial Corporation.

Are investors shorting Hanmi Financial Corporation?

Hanmi Financial Corporation saw a drop in short interest in September. As of September 29th, there was short interest totalling 852,503 shares, a drop of 43.5% from the September 15th total of 1,509,774 shares. Based on an average daily volume of 169,315 shares, the short-interest ratio is currently 5.0 days. Currently, 2.7% of the company's shares are short sold.

Who are some of Hanmi Financial Corporation's key competitors?

Who are Hanmi Financial Corporation's key executives?

Hanmi Financial Corporation's management team includes the folowing people:

  • Joseph K. Rho, Independent Chairman of the Board
  • Chong Guk Kum, President, Chief Executive Officer, Director of the Company and Hanmi Bank
  • John J. Ahn, Vice Chairman of the Board
  • Romolo C. Santarosa, Chief Financial Officer, Senior Executive Vice President
  • Bonita I. Lee, Chief Operating Officer, Senior Executive Vice President of the Company and Hanmi Bank
  • Greg D. Kim, Executive Vice President, Chief Administrative Officer
  • Jean Lim, Executive Vice President, Chief Risk Officer
  • Min S. Park, Executive Vice President, Chief Credit Officer
  • Christie K. Chu, Independent Director
  • Harry H. Chung CPA, Independent Director

Who owns Hanmi Financial Corporation stock?

Hanmi Financial Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.34%) and Fisher Asset Management LLC (0.23%). Company insiders that own Hanmi Financial Corporation stock include Greg D Kim and Joon Hyung Lee. View Institutional Ownership Trends for Hanmi Financial Corporation.

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 Fisher Asset Management LLC and Mutual of America Capital Management LLC. Company insiders that have sold Hanmi Financial Corporation stock in the last year include Greg D Kim and Joon Hyung Lee. View Insider Buying and Selling for Hanmi Financial Corporation.

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.

What is Hanmi Financial Corporation's stock price today?

One share of Hanmi Financial Corporation stock can currently be purchased for approximately $31.40.


MarketBeat Community Rating for Hanmi Financial Corporation (NASDAQ HAFC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  155 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  311
MarketBeat's community ratings are surveys of what our community members think about Hanmi Financial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Hanmi Financial Corporation (NASDAQ:HAFC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $31.00 (1.27% downside)
Consensus Price Target History for Hanmi Financial Corporation (NASDAQ:HAFC)
Price Target History for Hanmi Financial Corporation (NASDAQ:HAFC)
Analysts' Ratings History for Hanmi Financial Corporation (NASDAQ:HAFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/7/2017Keefe, Bruyette & WoodsSet Price TargetHold$28.00N/AView Rating Details
10/6/2017Piper Jaffray CompaniesReiterated RatingHold$31.00N/AView Rating Details
4/19/2017FBR & CoReiterated RatingOutperform -> Outperform$39.00 -> $34.00MediumView Rating Details
10/19/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
8/25/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$28.00N/AView Rating Details
1/27/2016DA DavidsonLower Price TargetBuy$28.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Hanmi Financial Corporation (NASDAQ:HAFC)
Earnings by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)
Earnings History by Quarter for Hanmi Financial Corporation (NASDAQ HAFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/23/2018        
10/17/2017Q3 2017$0.46$0.46$53.30 million$53.74 millionViewN/AView Earnings Details
7/18/2017Q2 2017$0.45$0.45$50.85 million$52.88 millionViewN/AView Earnings Details
4/18/2017Q1 2017$0.44$0.43$51.16 million$49.57 millionViewN/AView Earnings Details
1/24/2017Q4 2016$0.43$0.46$50.73 million$50.13 millionViewN/AView Earnings Details
10/18/2016Q3$0.44$0.41$48.84 million$48.26 millionViewListenView Earnings Details
7/19/2016Q2$0.42$0.44$47.15 million$49.35 millionViewListenView Earnings Details
4/19/2016Q1$0.41$0.46$48.17 million$45.53 millionViewListenView Earnings Details
1/26/2016Q415$0.41$0.46$47.22 million$49.64 millionViewListenView Earnings Details
10/27/2015Q315$0.40$0.44$44.99 million$49.55 millionViewListenView Earnings Details
7/23/2015Q215$0.37$0.44$47.51 million$48.23 millionViewListenView Earnings Details
4/23/2015Q115$0.31$0.35$46.67 million$48.30 millionViewN/AView Earnings Details
2/17/2015Q4 2014$0.34$0.19$44.89 million$46.34 millionViewN/AView Earnings Details
2/5/2015Q414$0.34$0.20$45.10 millionViewN/AView Earnings Details
11/7/2014Q314$0.33$0.41$38.57 million$45.00 millionViewN/AView Earnings Details
7/22/2014Q214$0.33$0.36$36.20 million$33.07 millionViewN/AView Earnings Details
4/22/2014Q1 14$0.32$0.35$35.10 million$35.19 millionViewN/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)
2017 EPS Consensus Estimate: $1.83
2018 EPS Consensus Estimate: $2.02
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.41$0.46$0.44
Q2 20173$0.42$0.47$0.45
Q3 20173$0.45$0.47$0.46
Q4 20173$0.46$0.48$0.47
Q1 20183$0.44$0.46$0.45
Q2 20183$0.48$0.50$0.49
Q3 20183$0.51$0.55$0.53
Q4 20183$0.53$0.56$0.55
Q1 20191$0.52$0.52$0.52
Q2 20191$0.54$0.54$0.54
Q3 20191$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hanmi Financial Corporation (NASDAQ:HAFC)
Next Dividend:11/20/2017
Annual Dividend:$0.84
Dividend Yield:2.68%
Payout Ratio:46.93% (Trailing 12 Months of Earnings)
46.41% (Based on This Year's Estimates)
42.42% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)

Dividend History by Quarter for Hanmi Financial Corporation (NASDAQ HAFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/19/2017quarterly$0.212.68%10/27/201710/30/201711/20/2017
7/18/2017quarterly$0.212.99%7/26/20177/28/20178/16/2017
4/27/2017quarterly$0.192.62%5/4/20175/8/20175/24/2017
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 and Institutional Ownership History for Hanmi Financial Corporation (NASDAQ:HAFC)
Insider Ownership Percentage: 3.91%
Institutional Ownership Percentage: 88.39%
Insider Trades by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)
Institutional Ownership by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)
Insider Trades by Quarter for Hanmi Financial Corporation (NASDAQ:HAFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/24/2017Joon Hyung LeeDirectorSell6,000$29.40$176,400.00View SEC Filing  
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

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Hanmi Financial Corporation (HAFC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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