S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:HAFC

Hanmi Financial (HAFC) Stock Forecast, Price & News

$21.75
+0.04 (+0.18%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$21.42
$22.12
50-Day Range
$21.71
$26.41
52-Week Range
$16.67
$28.84
Volume
185,858 shs
Average Volume
163,968 shs
Market Capitalization
$662.72 million
P/E Ratio
6.49
Dividend Yield
4.05%
Beta
1.07
30 days | 90 days | 365 days | Advanced Chart
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Hanmi Financial logo

About Hanmi Financial

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, 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, the company offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; SBA and trade 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. As of February 28, 2022, it operated a network of 35 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 1982 and is headquartered in Los Angeles, California.

Headlines

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HAFC
Previous Symbol
NASDAQ:HAFCD
CUSIP
41049520
Employees
586
Year Founded
1982

Sales & Book Value

Annual Sales
$257.17 million
Cash Flow
$3.78 per share
Book Value
$20.40 per share

Profitability

Net Income
$98.68 million
Pretax Margin
53.88%

Debt

Price-To-Earnings

Miscellaneous

Free Float
30,025,000
Market Cap
$662.72 million
Optionable
Optionable

Company Calendar

Ex-Dividend for 2/24 Dividend
2/04/2022
Dividend Payable
2/24/2022
Last Earnings
4/26/2022
Ex-Dividend for 5/25 Dividend
5/06/2022
Today
5/21/2022
Dividend Payable
5/25/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.60 out of 5 stars

Finance Sector

378th out of 1,351 stocks

National Commercial Banks Industry

48th out of 110 stocks

Analyst Opinion: 2.3Community Rank: 3.9Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -













Hanmi Financial (NASDAQ:HAFC) Frequently Asked Questions

Is Hanmi Financial a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Hanmi Financial stock.
View analyst ratings for Hanmi Financial
or view top-rated stocks.

When is Hanmi Financial's next earnings date?

Hanmi Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Hanmi Financial
.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) released its quarterly earnings results on Tuesday, April, 26th. The bank reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.11. The bank earned $59.48 million during the quarter, compared to analyst estimates of $57.23 million. Hanmi Financial had a trailing twelve-month return on equity of 16.52% and a net margin of 39.39%. During the same period in the prior year, the company earned $0.55 earnings per share.
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 Saturday, April 30th. Stockholders of record on Monday, May 9th will be given a dividend of $0.22 per share on Wednesday, May 25th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Friday, May 6th.
View Hanmi Financial's dividend history
.

Is Hanmi Financial a good dividend stock?

Hanmi Financial pays an annual dividend of $0.88 per share and currently has a dividend yield of 4.05%. HAFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Hanmi Financial 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 of Hanmi Financial is 26.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hanmi Financial will have a dividend payout ratio of 31.21% next year. This indicates that Hanmi Financial will be able to sustain or increase its dividend.
View Hanmi Financial's dividend history.

What price target have analysts set for HAFC?

2 brokers have issued 12-month price targets for Hanmi Financial's shares. Their forecasts range from $25.00 to $29.00. On average, they anticipate Hanmi Financial's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price.
View analysts' price targets for Hanmi Financial
or view top-rated stocks among Wall Street analysts.

Who are Hanmi Financial's key executives?
Hanmi Financial's management team includes the following people:
  • Ms. Bonita I. Lee, Pres, CEO & Director (Age 59, Pay $1.34M)
  • Mr. Romolo C. Santarosa, Sr. EVP & CFO (Age 66, Pay $739.47k)
  • Mr. Anthony I. Kim, Sr. EVP & Chief Banking Officer of Hanmi Bank (Age 53, Pay $479.6k)
  • Mr. Matthew D. Fuhr, Sr. EVP & Chief Credit Admin. Officer of Hanmi Bank (Age 59, Pay $443.9k)
  • Mr. Michael Du, Sr. VP & Chief Risk Officer of Hanmi Bank (Age 49, Pay $336.01k)
  • Mr. Joseph A. Pangrazio, Sr. VP & Chief Accounting Officer of Hanmi Bank (Age 62)
  • Vivian I. Kim, Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Greg D. Kim, Chief Admin. Officer & Exec. VP of Hanmi Bank (Age 61)
  • Mr. Min S. Park, Exec. VP & Chief Credit Risk Officer of Hanmi Bank (Age 59)
What is Jay S. Yoo's approval rating as Hanmi Financial's CEO?

15 employees have rated Hanmi Financial CEO Jay S. Yoo on Glassdoor.com. Jay S. Yoo has an approval rating of 37% among Hanmi Financial'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?
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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.69%), Dimensional Fund Advisors LP (6.98%), Vanguard Group Inc. (6.86%), Massachusetts Financial Services Co. MA (5.52%), State Street Corp (4.83%) and LSV Asset Management (4.32%). Company insiders that own Hanmi Financial stock include John J Ahn and Michael Yang.
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 Massachusetts Financial Services Co. MA, JPMorgan Chase & Co., Goldman Sachs Group Inc., Charles Schwab Investment Management Inc., Prudential Financial Inc., SG Americas Securities LLC, LSV Asset Management, and Northern Trust Corp.
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 State Street Corp, Invesco Ltd., Vanguard Group Inc., Royce & Associates LP, Assenagon Asset Management S.A., BlackRock Inc., Acadian Asset Management LLC, and Dimensional Fund Advisors LP. Company insiders that have bought Hanmi Financial stock in the last two years include John J Ahn, and Michael Yang.
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.
Compare Top Brokerages Here.

What is Hanmi Financial's stock price today?

One share of HAFC stock can currently be purchased for approximately $21.75.

How much money does Hanmi Financial make?

Hanmi Financial has a market capitalization of $662.72 million and generates $257.17 million in revenue each year. The bank earns $98.68 million in net income (profit) each year or $3.35 on an earnings per share basis.

How many employees does Hanmi Financial have?

Hanmi Financial employs 586 workers across the globe.

When was Hanmi Financial founded?

Hanmi Financial was founded in 1982.

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, via email at [email protected], or via fax at 302-636-5454.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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