NASDAQ:HAFC - Hanmi Financial Stock Price, Price Target & More

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$29.80 -0.25 (-0.83 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$30.05
Today's Range$29.65 - $30.30
52-Week Range$25.45 - $33.10
Volume431,100 shs
Average Volume192,883 shs
Market Capitalization$986.27 million
P/E Ratio16.46
Dividend Yield3.16%
Beta0.72
Hanmi Financial logoHanmi 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 January 25, 2018, it operated a network of 40 full-service branches and 8 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 2000 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.60
Current Ratio1.03
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio16.46
Forward P/E Ratio14.26
P/E Growth1.82

Sales & Book Value

Annual Sales$242.74 million
Price / Sales3.99
Cash Flow$2.1626 per share
Price / Cash13.78
Book Value$17.34 per share
Price / Book1.72

Profitability

EPS (Most Recent Fiscal Year)$1.81
Net Income$54.66 million
Net Margins22.44%
Return on Equity10.67%
Return on Assets1.16%

Miscellaneous

Employees642
Outstanding Shares32,500,000

Hanmi Financial (NASDAQ:HAFC) Frequently Asked Questions

What is Hanmi Financial's stock symbol?

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

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

Hanmi Financial declared a quarterly dividend on Thursday, April 26th. Investors of record on Monday, May 7th will be given a dividend of $0.24 per share on Tuesday, May 29th. This represents a $0.96 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date is Friday, May 4th. View Hanmi Financial's Dividend History.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Corp (NASDAQ:HAFC) posted its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by $0.07. The bank earned $50.99 million during the quarter, compared to the consensus estimate of $55.17 million. Hanmi Financial had a net margin of 22.44% and a return on equity of 10.67%. During the same period in the previous year, the firm earned $0.43 earnings per share. View Hanmi Financial's Earnings History.

When is Hanmi Financial's next earnings date?

Hanmi Financial is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Hanmi Financial.

What price target have analysts set for HAFC?

4 equities research analysts have issued 12 month price objectives for Hanmi Financial's shares. Their forecasts range from $31.00 to $32.00. On average, they anticipate Hanmi Financial's stock price to reach $31.6667 in the next twelve months. View Analyst Ratings for Hanmi Financial.

Who are some of Hanmi Financial's key competitors?

Who are Hanmi Financial's key executives?

Hanmi Financial's management team includes the folowing people:
  • Mr. Chong Guk Kum, Pres , CEO & Director (Age 63)
  • Mr. Romolo C. Santarosa, Sr. EVP & CFO (Age 62)
  • Ms. Bonita I. Lee, Sr. EVP & COO (Age 55)
  • Ms. Jean Lim, Chief Risk Officer & Exec. VP of Hanmi Bank (Age 55)
  • Mr. Richard Pimentel, SVP & Corp. Fin. Officer

Has Hanmi Financial been receiving favorable news coverage?

Media stories about HAFC stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hanmi Financial earned a media sentiment score of 0.04 on Accern's scale. They also assigned media headlines about the bank an impact score of 45.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Hanmi Financial's major shareholders?

Hanmi Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.39%), Dimensional Fund Advisors LP (6.36%), LSV Asset Management (3.72%), Boston Partners (2.93%), Westwood Holdings Group Inc. (2.69%) and JPMorgan Chase & Co. (2.54%). Company insiders that own Hanmi Financial stock include Greg D Kim, John J Ahn and Joon Hyung Lee. View Institutional Ownership Trends for Hanmi Financial.

Which institutional investors are selling Hanmi Financial stock?

HAFC stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Royal Bank of Canada, JPMorgan Chase & Co., King Luther Capital Management Corp, Public Employees Retirement Association of Colorado, Comerica Bank, Opus Capital Group LLC and Fisher Asset Management LLC. View Insider Buying and Selling for Hanmi Financial.

Which institutional investors are buying Hanmi Financial stock?

HAFC stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Millennium Management LLC, Massachusetts Financial Services Co. MA, BlackRock Inc., Systematic Financial Management LP, LSV Asset Management, Westwood Holdings Group Inc. and Prudential Financial Inc.. View Insider Buying and Selling for Hanmi Financial.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hanmi Financial's stock price today?

One share of HAFC stock can currently be purchased for approximately $29.80.

How big of a company is Hanmi Financial?

Hanmi Financial has a market capitalization of $986.27 million and generates $242.74 million in revenue each year. The bank earns $54.66 million in net income (profit) each year or $1.81 on an earnings per share basis. Hanmi Financial employs 642 workers across the globe.

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]


MarketBeat Community Rating for Hanmi Financial (HAFC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  429
MarketBeat's community ratings are surveys of what our community members think about Hanmi Financial and other stocks. Vote "Outperform" if you believe HAFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HAFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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