Hanmi Financial (HAFC) Financials

$24.42 -0.23 (-0.93%)

As of 12:39 PM Eastern

Annual Income Statements for Hanmi Financial

This table shows Hanmi Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	50	54	56	55	58	33	42	99	101	80	62
Consolidated Net Income / (Loss)	50	54	56	55	58	33	42	99	101	80	62
Net Income / (Loss) Continuing Operations	50	54	56	55	58	33	42	99	101	80	62
Total Pre-Tax Income	73	92	89	95	84	47	59	135	141	115	89
Total Revenue	165	196	193	210	206	203	224	236	272	255	234
Net Interest Income / (Expense)	123	148	160	177	181	176	181	195	238	221	203
Total Interest Income	137	164	178	209	234	247	224	217	274	369	399
Loans and Leases Interest Income	124	152	167	197	221	231	213	210	259	341	368
Investment Securities Interest Income	13	12	11	12	13	15	11	6.23	12	17	22
Deposits and Money Market Investments Interest Income	0.11	0.22	0.21	0.45	0.58	1.56	0.59	0.90	2.56	11	9.61
Total Interest Expense	14	16	18	33	53	71	43	22	36	148	196
Deposits Interest Expense	14	15	17	26	43	63	34	12	26	135	183
Short-Term Borrowings Interest Expense	0.15	0.08	0.88	1.08	3.38	0.76	2.37	1.70	2.25	6.87	6.75
Long-Term Debt Interest Expense	0.32	0.62	0.83	5.35	6.93	7.03	6.61	8.27	7.98	6.48	6.57
Total Non-Interest Income	42	48	33	33	25	28	43	40	34	34	32
Service Charges on Deposit Accounts	-	-	11	10	10	9.95	8.49	11	11	10	9.38
Other Service Charges	21	22	16	13	9.91	11	14	13	13	20	15
Net Realized & Unrealized Capital Gains on Investments	22	26	6.08	10	4.61	6.55	21	17	9.48	3.83	7.58
Provision for Credit Losses	-6.26	-12	-4.34	0.83	3.99	30	45	-24	0.84	4.34	4.42
Total Non-Interest Expense	99	115	108	114	118	126	119	124	130	137	141
Salaries and Employee Benefits	50	63	64	68	69	68	67	73	76	81	83
Net Occupancy & Equipment Expense	18	24	21	23	23	26	30	31	31	32	33
Marketing Expense	3.44	4.20	3.91	3.95	4.04	3.80	2.67	2.65	3.64	3.11	3.03
Other Operating Expenses	20	23	19	20	20	28	20	18	20	20	22
Income Tax Expense	22	38	33	41	26	15	17	37	39	35	26
Basic Earnings per Share	$1.57	$1.69	$1.76	$1.70	$1.80	$1.06	$1.38	$3.22	$3.33	$2.63	$2.06
Weighted Average Basic Shares Outstanding	31.70M	31.79M	31.90M	32.07M	31.92M	30.73M	30.28M	30.39M	30.30M	30.27M	30.02M
Diluted Earnings per Share	$1.56	$1.68	$1.75	$1.69	$1.79	$1.06	$1.38	$3.22	$3.32	$2.62	$2.05
Weighted Average Diluted Shares Outstanding	31.98M	31.88M	32.05M	32.25M	32.05M	30.76M	30.28M	30.47M	30.39M	30.33M	30.10M
Weighted Average Basic & Diluted Shares Outstanding	31.70M	31.80M	32.10M	32.20M	32.10M	30.73M	30.72M	30.42M	30.50M	30.27M	30.20M
Cash Dividends to Common per Share	-	-	-	$0.80	$0.96	$0.96	$0.52	$0.54	$0.94	$1.00	$1.00

This table shows Hanmi Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	27	28	22	21	19	19	15	14	15	18	18
Consolidated Net Income / (Loss)	27	28	22	21	19	19	15	14	15	18	18
Net Income / (Loss) Continuing Operations	27	28	22	21	19	19	15	14	15	18	18
Total Pre-Tax Income	38	38	31	29	27	27	22	20	21	25	25
Total Revenue	72	72	66	63	66	60	58	57	58	61	63
Net Interest Income / (Expense)	63	65	58	55	55	53	51	49	50	53	55
Total Interest Income	71	82	87	91	94	97	100	99	100	100	99
Loans and Leases Interest Income	67	77	81	84	86	90	92	91	93	92	91
Investment Securities Interest Income	3.27	3.63	4.03	4.13	4.20	4.58	4.96	5.24	5.52	5.87	6.17
Deposits and Money Market Investments Interest Income	0.96	1.19	2.07	2.79	4.15	2.34	2.60	2.31	2.36	2.34	1.84
Total Interest Expense	8.36	18	29	35	39	44	49	50	50	47	44
Deposits Interest Expense	6.57	15	25	32	37	40	46	46	47	43	41
Short-Term Borrowings Interest Expense	0.35	1.19	2.37	1.63	0.75	2.11	1.66	1.90	1.56	1.63	2.02
Long-Term Debt Interest Expense	1.45	1.58	1.58	1.60	1.65	1.65	1.65	1.65	1.65	1.62	1.58
Total Non-Interest Income	8.91	7.46	8.34	7.94	11	6.68	7.73	8.06	8.44	7.36	7.73
Service Charges on Deposit Accounts	3.00	2.74	2.58	2.57	2.61	2.39	2.45	2.43	2.31	2.19	2.22
Other Service Charges	3.67	2.78	3.89	4.15	7.45	4.71	3.80	3.98	4.26	2.58	3.33
Net Realized & Unrealized Capital Gains on Investments	2.25	1.93	1.87	1.21	1.17	-0.42	1.48	1.64	1.87	2.59	2.18
Provision for Credit Losses	0.56	0.05	2.13	-0.08	5.15	-2.87	0.23	0.96	2.29	0.95	2.72
Total Non-Interest Expense	33	34	33	34	34	35	36	35	35	35	35
Salaries and Employee Benefits	19	20	21	20	20	20	22	20	21	20	21
Net Occupancy & Equipment Expense	8.09	7.10	7.67	7.97	8.32	8.09	8.09	8.29	8.34	8.30	8.24
Marketing Expense	1.19	0.97	0.83	0.75	0.53	0.99	0.91	0.67	0.63	0.82	0.59
Other Operating Expenses	4.64	5.49	3.68	5.20	5.04	6.07	5.87	5.88	5.26	4.91	5.19
Income Tax Expense	11	9.64	9.27	8.53	7.89	8.84	6.55	5.99	6.23	7.63	7.44
Basic Earnings per Share	$0.89	$0.94	$0.72	$0.68	$0.62	$0.61	$0.50	$0.48	$0.49	$0.59	$0.59
Weighted Average Basic Shares Outstanding	30.31M	30.30M	30.35M	30.32M	30.25M	30.27M	30.12M	30.06M	29.97M	30.02M	29.94M
Diluted Earnings per Share	$0.89	$0.93	$0.72	$0.67	$0.62	$0.61	$0.50	$0.48	$0.49	$0.58	$0.58
Weighted Average Diluted Shares Outstanding	30.40M	30.39M	30.43M	30.39M	30.29M	30.33M	30.12M	30.13M	30.03M	30.10M	30.06M
Weighted Average Basic & Diluted Shares Outstanding	30.49M	30.50M	30.55M	30.48M	30.39M	30.27M	30.39M	30.27M	30.20M	30.20M	30.21M
Cash Dividends to Common per Share	$0.25	-	$0.25	$0.25	$0.25	-	$0.25	$0.25	$0.25	-	$0.27

This table details how cash moves in and out of Hanmi Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-21	6.04	-17	6.59	1.55	-34	270	217	-257	-50	2.48
Net Cash From Operating Activities	25	67	59	82	77	59	60	94	147	108	54
Net Cash From Continuing Operating Activities	25	67	59	82	77	59	60	94	147	108	54
Net Income / (Loss) Continuing Operations	50	54	56	55	58	33	42	99	101	80	62
Consolidated Net Income / (Loss)	50	54	56	55	58	33	42	99	101	80	62
Depreciation Expense	8.70	18	15	13	11	9.53	11	14	12	6.79	6.46
Amortization Expense	-	-	-	-	-	-	-	2.29	2.67	2.46	2.75
Non-Cash Adjustments to Reconcile Net Income	-21	-13	-3.32	-0.03	4.77	24	18	-7.00	8.46	-2.69	3.64
Changes in Operating Assets and Liabilities, net	-5.80	19	-4.05	13	2.88	-7.25	-11	-14	22	21	-21
Net Cash From Investing Activities	16	-20	-496	-520	-312	-45	-408	-447	-882	-210	-107
Net Cash From Continuing Investing Activities	16	-20	-496	-520	-312	-45	-408	-447	-882	-210	-107
Purchase of Investment Securities	-281	-404	-297	-703	-448	-324	-1,138	-780	-988	-331	-274
Sale and/or Maturity of Investments	292	600	212	183	136	280	730	333	107	121	167
Net Cash From Financing Activities	-63	-40	420	445	236	-48	618	570	478	52	56
Net Cash From Continuing Financing Activities	-63	-40	420	445	236	-48	618	570	478	52	56
Net Change in Deposits	-55	-47	300	539	399	-48	576	511	382	113	155
Issuance of Debt	15	20	145	98	0.00	110	525	95	0.00	-25	63
Repayment of Debt	-17	-0.93	-	-165	-95	-75	-465	-13	125	0.00	-125
Repurchase of Common Equity	-	-	0.00	-	-36	-7.36	-2.20	-6.14	0.00	-4.08	-6.31
Payment of Dividends	-6.69	-13	-26	-26	-31	-30	-16	-17	-29	-31	-30
Other Financing Activities, Net	0.47	0.27	0.87	-0.82	-0.11	2.46	-0.34	-0.57	-0.71	-0.79	-0.00
Cash Interest Paid	14	16	19	33	47	71	50	25	30	117	200
Cash Income Taxes Paid	37	7.93	23	28	21	16	18	31	13	17	42

This table details how cash moves in and out of Hanmi Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	58	77	34	-41	-56	13	-46	57	-25	17	24
Net Cash From Operating Activities	50	47	36	34	29	8.19	30	2.05	5.57	16	26
Net Cash From Continuing Operating Activities	50	47	36	34	29	8.19	30	2.05	5.57	16	26
Net Income / (Loss) Continuing Operations	27	28	22	21	19	19	15	14	15	18	18
Consolidated Net Income / (Loss)	27	28	22	21	19	19	15	14	15	18	18
Depreciation Expense	0.85	1.95	1.74	1.73	1.69	1.64	1.60	1.61	1.63	1.62	1.59
Amortization Expense	0.76	0.64	0.63	0.59	0.59	0.64	0.69	0.67	0.61	0.77	0.69
Non-Cash Adjustments to Reconcile Net Income	9.46	3.24	6.28	-2.40	0.28	-6.86	7.70	-5.10	-20	21	9.53
Changes in Operating Assets and Liabilities, net	11	13	5.48	13	8.12	-5.87	4.83	-9.58	8.89	-25	-3.64
Net Cash From Investing Activities	-161	-179	-27	44	-57	-170	-9.49	-7.94	-103	13	-30
Net Cash From Continuing Investing Activities	-161	-179	-27	44	-57	-170	-9.49	-7.94	-103	13	-30
Purchase of Investment Securities	-186	-201	-45	9.13	-94	-202	-66	-60	-153	5.56	-76
Sale and/or Maturity of Investments	25	22	17	35	37	32	57	53	50	7.64	45
Net Cash From Financing Activities	169	209	25	-119	-28	175	-67	63	72	-13	29
Net Cash From Continuing Financing Activities	169	209	25	-119	-28	175	-67	63	72	-13	29
Net Change in Deposits	222	-33	33	115	-56	21	95	-47	74	33	184
Issuance of Debt	-45	38	0.00	-225	88	113	0.00	120	83	13	-145
Repayment of Debt	-	213	0.00	-	-50	50	-153	-	-75	-50	0.00
Repurchase of Common Equity	-	-	0.00	-1.44	-1.90	-0.74	-1.59	-2.73	-1.43	-0.55	-1.13
Payment of Dividends	-7.62	-7.62	-7.62	-7.63	-7.69	-7.59	-7.69	-7.59	-7.57	-7.54	-8.15
Other Financing Activities, Net	-0.12	-0.02	-0.30	-0.08	-0.40	-0.01	-0.49	-0.03	-0.02	0.54	-0.58
Cash Interest Paid	7.17	12	17	21	24	55	50	40	45	64	49
Cash Income Taxes Paid	2.23	0.00	0.33	9.66	6.15	0.39	0.18	22	-20	39	0.55

This table presents Hanmi Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	4,232	4,235	4,701	5,210	5,502	5,538	6,202	6,859	7,378	7,570	7,678
Cash and Due from Banks	158	164	147	154	155	122	392	609	352	302	305
Trading Account Securities	1,066	701	526	585	584	634	754	911	854	866	906
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5,896	0.00	0.00
Loans Held for Sale	-	-	-	-	4,569	6.02	8.57	13	8.04	12	8.58
Customer and Other Receivables	1.85	3.59	0.98	0.80	0.17	0.07	1.32	0.00	0.33	0.63	1.23
Premises and Equipment, Net	31	30	29	27	28	26	26	25	23	22	21
Intangible Assets	2.08	1.70	13	13	12	12	12	11	11	11	11
Other Assets	2,973	3,334	3,985	4,431	154	4,738	5,008	5,289	234	6,357	6,425
Total Liabilities & Shareholders' Equity	4,232	4,235	4,701	5,210	5,502	5,538	6,202	6,859	7,378	7,570	7,678
Total Liabilities	3,779	3,741	4,170	4,648	4,950	4,975	5,625	6,215	6,741	6,868	6,946
Non-Interest Bearing Deposits	1,023	1,156	1,203	1,312	1,285	1,392	1,899	2,575	2,540	2,004	2,097
Interest Bearing Deposits	2,534	2,354	2,606	3,036	3,463	3,307	3,376	3,212	3,628	4,277	4,339
Bankers Acceptance Outstanding	1.85	3.59	0.98	0.80	0.17	0.07	1.32	0.00	0.33	0.63	1.23
Accrued Interest Payable	3.45	3.18	2.57	5.31	11	11	4.56	1.16	7.79	39	35
Long-Term Debt	169	189	334	267	173	208	269	353	479	455	393
Other Long-Term Liabilities	48	35	23	26	18	56	75	75	85	93	81
Total Equity & Noncontrolling Interests	453	494	531	562	553	563	577	643	638	702	732
Total Preferred & Common Equity	453	494	531	562	553	563	577	643	638	702	732
Preferred Stock	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	453	494	531	562	553	563	577	643	638	702	732
Common Stock	555	558	562	566	570	576	578	581	583	587	591
Retained Earnings	-32	6.42	42	71	98	101	115	197	270	319	351
Treasury Stock	-70	-70	-71	-72	-109	-117	-119	-126	-126	-132	-139
Accumulated Other Comprehensive Income / (Loss)	0.46	-0.32	-2.39	-1.87	-6.08	3.38	3.08	-8.44	-89	-72	-71

This table presents Hanmi Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	7,129	7,434	7,345	7,350	7,512	7,586	7,712	7,729
Cash and Due from Banks	275	386	345	289	256	313	288	329
Trading Account Securities	830	879	837	817	872	878	909	907
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Loans Held for Sale	10	3.65	7.29	12	4.00	10	54	12
Customer and Other Receivables	0.20	0.04	1.69	1.39	0.16	0.55	0.07	0.55
Premises and Equipment, Net	24	23	23	21	22	22	21	21
Intangible Assets	11	11	11	11	11	11	11	11
Other Assets	5,978	6,132	6,120	6,199	6,347	6,352	6,429	6,449
Total Liabilities & Shareholders' Equity	7,129	7,434	7,345	7,350	7,512	7,586	7,712	7,729
Total Liabilities	6,520	6,772	6,676	6,687	6,809	6,879	6,976	6,978
Non-Interest Bearing Deposits	2,771	2,334	2,206	2,161	1,933	1,960	2,052	2,067
Interest Bearing Deposits	3,430	3,867	4,110	4,099	4,443	4,369	4,351	4,553
Bankers Acceptance Outstanding	0.20	0.04	1.69	1.39	0.16	0.55	0.07	0.55
Accrued Interest Payable	2.18	21	35	50	38	48	53	30
Long-Term Debt	229	480	255	292	303	423	430	248
Other Long-Term Liabilities	87	71	70	83	92	79	89	80
Total Equity & Noncontrolling Interests	609	662	669	663	703	707	737	751
Total Preferred & Common Equity	609	662	669	663	703	707	737	751
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	609	662	669	663	703	707	737	751
Common Stock	583	585	585	586	588	589	590	592
Retained Earnings	249	284	297	308	327	333	341	360
Treasury Stock	-126	-128	-129	-131	-134	-137	-138	-141
Accumulated Other Comprehensive Income / (Loss)	-96	-79	-85	-99	-77	-78	-55	-60

This table displays calculated financial ratios and metrics derived from Hanmi Financial's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	23.56%	18.62%	-1.25%	8.77%	-2.23%	-1.03%	10.12%	5.15%	15.41%	-6.03%	-8.26%
EBITDA Growth	17.49%	35.14%	-5.36%	4.01%	-12.07%	-40.18%	23.85%	115.17%	2.77%	-20.51%	-21.01%
EBIT Growth	16.10%	26.76%	-2.84%	6.60%	-11.87%	-43.61%	25.65%	127.74%	3.86%	-18.58%	-22.67%
NOPAT Growth	26.19%	7.21%	4.95%	-3.24%	5.87%	-43.34%	28.69%	133.85%	2.75%	-21.06%	-22.29%
Net Income Growth	24.85%	8.16%	4.95%	-3.24%	5.87%	-43.34%	28.69%	133.85%	2.75%	-21.06%	-22.29%
EPS Growth	23.81%	7.69%	4.17%	-3.43%	5.92%	-40.78%	30.19%	133.33%	3.11%	-21.08%	-21.76%
Operating Cash Flow Growth	-58.06%	161.24%	-10.79%	37.58%	-6.15%	-23.28%	2.39%	55.69%	57.16%	-26.82%	-49.96%
Free Cash Flow Firm Growth	-82.74%	84.43%	-1,733.30%	171.42%	80.43%	-108.31%	-138.69%	-59.22%	61.73%	304.33%	134.12%
Invested Capital Growth	17.87%	9.76%	26.72%	-4.08%	-12.58%	6.38%	9.64%	17.72%	12.15%	3.58%	-2.73%
Revenue Q/Q Growth	10.14%	1.72%	0.26%	1.89%	-1.00%	-0.64%	2.30%	1.34%	5.11%	-4.56%	0.42%
EBITDA Q/Q Growth	-3.97%	18.52%	-0.18%	0.27%	-5.79%	-19.43%	25.11%	19.17%	-1.25%	-8.13%	-2.05%
EBIT Q/Q Growth	-1.05%	22.76%	-1.39%	0.55%	-5.56%	-22.57%	30.42%	20.90%	-3.42%	-8.50%	-2.37%
NOPAT Q/Q Growth	-7.56%	19.76%	-0.67%	-5.07%	-0.21%	-20.20%	36.32%	23.85%	-4.57%	-10.95%	-1.49%
Net Income Q/Q Growth	-7.35%	19.81%	-0.72%	-5.07%	-0.19%	-20.20%	36.32%	23.85%	-4.57%	-10.95%	-1.49%
EPS Q/Q Growth	4.70%	18.31%	-0.57%	-5.06%	0.00%	-19.70%	38.00%	24.32%	-4.87%	-10.88%	-1.44%
Operating Cash Flow Q/Q Growth	-30.86%	75.32%	-11.19%	4.28%	-9.76%	-19.71%	38.77%	9.76%	14.50%	-26.43%	17.78%
Free Cash Flow Firm Q/Q Growth	59.46%	84.90%	-218.88%	172.68%	15,699.90%	-111.35%	3.41%	14.19%	-108.19%	244.74%	163.23%
Invested Capital Q/Q Growth	10.33%	4.36%	42.96%	5.51%	-14.20%	0.51%	1.68%	2.52%	33.26%	21.05%	-3.59%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	49.26%	56.13%	53.79%	51.44%	46.26%	27.96%	31.45%	64.35%	57.31%	48.48%	41.74%
EBIT Margin	43.99%	47.01%	46.25%	45.33%	40.85%	23.28%	26.56%	57.52%	51.77%	44.85%	37.81%
Profit (Net Income) Margin	30.16%	27.50%	29.23%	26.00%	28.16%	16.12%	18.84%	41.89%	37.30%	31.33%	26.54%
Tax Burden Percent	68.56%	58.50%	63.20%	57.37%	68.92%	69.25%	70.92%	72.83%	72.05%	69.86%	70.20%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	30.83%	41.50%	36.80%	42.63%	31.08%	30.75%	29.08%	27.17%	27.95%	30.14%	29.80%
Return on Invested Capital (ROIC)	8.73%	8.25%	7.30%	6.45%	7.44%	4.38%	5.22%	10.71%	9.60%	7.04%	5.45%
ROIC Less NNEP Spread (ROIC-NNEP)	8.43%	8.25%	7.30%	6.45%	7.44%	4.38%	5.22%	10.71%	9.60%	7.04%	5.45%
Return on Net Nonoperating Assets (RNNOA)	2.93%	3.11%	3.72%	3.55%	2.94%	1.50%	2.18%	5.46%	6.23%	4.91%	3.22%
Return on Equity (ROE)	11.66%	11.36%	11.02%	10.00%	10.38%	5.88%	7.40%	16.17%	15.83%	11.95%	8.67%
Cash Return on Invested Capital (CROIC)	-7.67%	-1.05%	-16.27%	10.61%	20.87%	-1.80%	-3.98%	-5.56%	-1.86%	3.52%	8.22%
Operating Return on Assets (OROA)	1.99%	2.17%	2.00%	1.92%	1.57%	0.86%	1.01%	2.07%	1.98%	1.53%	1.16%
Return on Assets (ROA)	1.37%	1.27%	1.26%	1.10%	1.08%	0.59%	0.72%	1.51%	1.42%	1.07%	0.82%
Return on Common Equity (ROCE)	11.66%	11.36%	11.02%	10.00%	10.38%	5.88%	7.40%	16.17%	15.83%	11.95%	8.67%
Return on Equity Simple (ROE_SIMPLE)	10.98%	10.90%	10.64%	9.72%	10.47%	5.82%	7.31%	15.34%	15.90%	11.40%	8.50%
Net Operating Profit after Tax (NOPAT)	50	54	56	55	58	33	42	99	101	80	62
NOPAT Margin	30.43%	27.50%	29.23%	26.00%	28.16%	16.12%	18.84%	41.89%	37.30%	31.33%	26.54%
Net Nonoperating Expense Percent (NNEP)	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	43.63%	46.37%	45.81%	45.00%	46.85%	47.94%	44.27%	45.12%	40.67%	45.62%	50.96%
Operating Expenses to Revenue	59.80%	58.93%	56.00%	54.28%	57.20%	61.89%	53.15%	52.84%	47.93%	53.45%	60.31%
Earnings before Interest and Taxes (EBIT)	73	92	89	95	84	47	59	135	141	115	89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	81	110	104	108	95	57	70	152	156	124	98
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.06	1.08	1.54	1.30	0.88	0.90	0.51	0.97	1.05	0.79	0.96
Price to Tangible Book Value (P/TBV)	1.07	1.09	1.58	1.33	0.90	0.91	0.52	0.99	1.06	0.80	0.98
Price to Revenue (P/Rev)	2.92	2.74	4.23	3.49	2.36	2.48	1.32	2.66	2.45	2.16	3.01
Price to Earnings (P/E)	9.68	9.95	14.48	13.42	8.38	15.37	6.99	6.35	6.57	6.89	11.34
Dividend Yield	1.85%	2.81%	3.16%	4.37%	6.29%	5.93%	5.42%	3.01%	4.30%	5.51%	4.28%
Earnings Yield	10.33%	10.05%	6.90%	7.45%	11.94%	6.50%	14.31%	15.75%	15.21%	14.51%	8.82%
Enterprise Value to Invested Capital (EV/IC)	0.79	0.82	1.16	1.02	0.69	0.77	0.20	0.37	0.71	0.61	0.71
Enterprise Value to Revenue (EV/Rev)	2.98	2.86	5.20	4.03	2.44	2.90	0.77	1.57	2.92	2.76	3.39
Enterprise Value to EBITDA (EV/EBITDA)	6.05	5.10	9.67	7.83	5.28	10.39	2.44	2.44	5.09	5.69	8.11
Enterprise Value to EBIT (EV/EBIT)	6.78	6.09	11.24	8.89	5.98	12.48	2.89	2.73	5.64	6.15	8.96
Enterprise Value to NOPAT (EV/NOPAT)	9.80	10.41	17.79	15.50	8.68	18.02	4.07	3.75	7.83	8.80	12.76
Enterprise Value to Operating Cash Flow (EV/OCF)	19.32	8.42	16.93	10.37	6.55	10.05	2.86	3.95	5.39	6.53	14.71
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	9.42	3.10	0.00	0.00	0.00	0.00	17.58	8.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.37	0.38	0.63	0.48	0.31	0.37	0.47	0.55	0.75	0.65	0.54
Long-Term Debt to Equity	0.37	0.38	0.63	0.48	0.31	0.37	0.47	0.55	0.75	0.65	0.54
Financial Leverage	0.35	0.38	0.51	0.55	0.39	0.34	0.42	0.51	0.65	0.70	0.59
Leverage Ratio	8.54	8.94	8.72	9.06	9.61	9.89	10.30	10.70	11.11	11.16	10.63
Compound Leverage Factor	8.54	8.94	8.72	9.06	9.61	9.89	10.30	10.70	11.11	11.16	10.63
Debt to Total Capital	27.10%	27.64%	38.61%	32.21%	23.82%	27.00%	31.79%	35.39%	42.92%	39.33%	34.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	27.10%	27.64%	38.61%	32.21%	23.82%	27.00%	31.79%	35.39%	42.92%	39.33%	34.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	72.90%	72.36%	61.39%	67.79%	76.18%	73.00%	68.21%	64.61%	57.08%	60.67%	65.06%
Debt to EBITDA	2.07	1.72	3.21	2.47	1.82	3.66	3.82	2.33	3.08	3.67	4.02
Net Debt to EBITDA	0.13	0.22	1.80	1.05	0.18	1.52	-1.74	-1.69	0.82	1.23	0.90
Long-Term Debt to EBITDA	2.07	1.72	3.21	2.47	1.82	3.66	3.82	2.33	3.08	3.67	4.02
Debt to NOPAT	3.36	3.51	5.91	4.89	2.99	6.36	6.37	3.57	4.73	5.68	6.32
Net Debt to NOPAT	0.20	0.45	3.31	2.08	0.30	2.64	-2.91	-2.60	1.25	1.91	1.42
Long-Term Debt to NOPAT	3.36	3.51	5.91	4.89	2.99	6.36	6.37	3.57	4.73	5.68	6.32
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-44	-6.87	-126	90	162	-13	-32	-51	-20	40	94
Operating Cash Flow to CapEx	22.54%	30.71%	14.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-3.14	-0.43	-6.89	2.77	3.04	-0.19	-0.75	-2.37	-0.54	0.27	0.48
Operating Cash Flow to Interest Expense	1.81	4.13	3.25	2.51	1.44	0.83	1.40	4.33	4.07	0.73	0.28
Operating Cash Flow Less CapEx to Interest Expense	-6.24	-9.32	-19.28	2.51	1.44	0.83	1.40	4.33	4.07	0.73	0.28
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03
Fixed Asset Turnover	7.31	6.44	6.60	7.60	7.56	7.56	8.53	9.20	11.41	11.40	10.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	622	683	865	830	725	772	846	996	1,117	1,157	1,125
Invested Capital Turnover	0.29	0.30	0.25	0.25	0.26	0.27	0.28	0.26	0.26	0.22	0.21
Increase / (Decrease) in Invested Capital	94	61	182	-35	-104	46	74	150	121	40	-32
Enterprise Value (EV)	492	560	1,005	847	502	591	172	370	793	704	794
Market Capitalization	482	536	818	734	485	504	295	626	666	552	705
Book Value per Share	$14.21	$15.45	$16.45	$17.36	$17.39	$18.10	$18.78	$21.16	$20.91	$23.09	$24.25
Tangible Book Value per Share	$14.15	$15.39	$16.05	$16.97	$17.00	$17.72	$18.41	$20.78	$20.54	$22.73	$23.88
Total Capital	622	683	865	830	725	772	846	996	1,117	1,157	1,125
Total Debt	169	189	334	267	173	208	269	353	479	455	393
Total Long-Term Debt	169	189	334	267	173	208	269	353	479	455	393
Net Debt	10	24	187	113	17	87	-123	-256	127	153	88
Capital Expenditures (CapEx)	113	217	412	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.44	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	169	189	334	267	173	208	269	353	479	455	393
Total Depreciation and Amortization (D&A)	8.70	18	15	13	11	9.53	11	16	15	9.25	9.21
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.57	$1.69	$1.76	$1.70	$1.80	$1.06	$1.38	$3.22	$3.33	$2.63	$2.06
Adjusted Weighted Average Basic Shares Outstanding	31.70M	31.79M	31.90M	32.07M	31.92M	30.73M	30.28M	30.39M	30.30M	30.27M	30.02M
Adjusted Diluted Earnings per Share	$1.56	$1.68	$1.75	$1.69	$1.79	$1.06	$1.38	$3.22	$3.32	$2.62	$2.05
Adjusted Weighted Average Diluted Shares Outstanding	31.98M	31.88M	32.05M	32.25M	32.05M	30.76M	30.28M	30.47M	30.39M	30.33M	30.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.06	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	31.93M	32.16M	32.33M	32.45M	30.92M	30.73M	30.72M	30.42M	30.50M	30.27M	30.20M
Normalized Net Operating Profit after Tax (NOPAT)	55	55	57	55	58	33	42	99	101	80	62
Normalized NOPAT Margin	33.21%	28.09%	29.33%	26.00%	28.44%	16.12%	18.84%	41.89%	37.30%	31.33%	26.54%
Pre Tax Income Margin	43.99%	47.01%	46.25%	45.33%	40.85%	23.28%	26.56%	57.52%	51.77%	44.85%	37.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.17	5.71	4.89	2.93	1.57	0.67	1.38	6.27	3.89	0.77	0.45
NOPAT to Interest Expense	3.58	3.34	3.09	1.68	1.08	0.46	0.98	4.56	2.80	0.54	0.32
EBIT Less CapEx to Interest Expense	-2.88	-7.74	-17.63	2.93	1.57	0.67	1.38	6.27	3.89	0.77	0.45
NOPAT Less CapEx to Interest Expense	-4.47	-10.11	-19.43	1.68	1.08	0.46	0.98	4.56	2.80	0.54	0.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.45%	23.75%	45.43%	47.22%	53.43%	90.81%	37.82%	16.74%	28.24%	38.15%	48.84%
Augmented Payout Ratio	13.45%	23.75%	45.43%	47.22%	115.76%	113.27%	43.03%	22.95%	28.24%	43.25%	58.99%

This table displays calculated financial ratios and metrics derived from Hanmi Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.22%	22.50%	11.29%	-7.31%	-8.22%	-16.93%	-11.79%	-10.54%	-11.49%	1.64%	7.59%
EBITDA Growth	-4.59%	-8.95%	-5.84%	-20.48%	-27.18%	-26.91%	-28.62%	-27.79%	-19.31%	-6.88%	14.09%
EBIT Growth	2.53%	-11.56%	7.22%	-17.37%	-30.08%	-27.92%	-30.54%	-29.89%	-20.84%	-7.83%	15.64%
NOPAT Growth	2.27%	-14.55%	6.26%	-17.68%	-30.82%	-34.57%	-31.04%	-29.92%	-20.77%	-5.04%	16.54%
Net Income Growth	2.27%	-14.55%	6.26%	-17.68%	-30.82%	-34.57%	-31.04%	-29.92%	-20.77%	-5.04%	16.54%
EPS Growth	3.49%	-15.45%	5.88%	-18.29%	-30.34%	-34.41%	-30.56%	-28.36%	-20.97%	-4.92%	16.00%
Operating Cash Flow Growth	176.23%	66.00%	79.44%	11.30%	-40.70%	-82.54%	-17.01%	-93.97%	-81.09%	99.43%	-13.80%
Free Cash Flow Firm Growth	242.20%	20.63%	-6,366.73%	-310.64%	-161.57%	76.93%	161.86%	-1,776.73%	-99.03%	330.90%	-84.35%
Invested Capital Growth	-13.72%	12.15%	30.42%	3.46%	14.03%	3.58%	-11.91%	22.38%	22.13%	-2.73%	-0.59%
Revenue Q/Q Growth	5.33%	0.02%	-8.09%	-4.28%	4.30%	-9.48%	-2.40%	-2.93%	3.20%	3.96%	3.31%
EBITDA Q/Q Growth	0.50%	2.38%	-17.38%	-6.46%	-7.97%	2.76%	-19.31%	-5.38%	2.85%	18.58%	-1.14%
EBIT Q/Q Growth	8.16%	-0.10%	-17.99%	-6.75%	-8.47%	2.98%	-20.97%	-5.88%	3.34%	19.90%	-0.84%
NOPAT Q/Q Growth	8.46%	4.83%	-22.78%	-6.23%	-8.85%	-0.86%	-18.62%	-4.70%	3.05%	18.82%	-0.12%
Net Income Q/Q Growth	8.46%	4.83%	-22.78%	-6.23%	-8.85%	-0.86%	-18.62%	-4.70%	3.05%	18.82%	-0.12%
EPS Q/Q Growth	8.54%	4.49%	-22.58%	-6.94%	-7.46%	-1.61%	-18.03%	-4.00%	2.08%	18.37%	0.00%
Operating Cash Flow Q/Q Growth	62.70%	-5.61%	-23.00%	-5.88%	-13.31%	-72.21%	266.00%	-93.16%	171.77%	193.09%	58.19%
Free Cash Flow Firm Q/Q Growth	3,200.02%	-157.68%	-164.06%	95.81%	-864.64%	78.39%	808.00%	-227.15%	-2.30%	125.07%	-52.01%
Invested Capital Q/Q Growth	-6.08%	33.26%	2.22%	-19.13%	3.51%	21.05%	-13.06%	12.34%	3.30%	-3.59%	-11.16%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	55.23%	56.54%	50.83%	49.67%	43.83%	49.75%	41.13%	40.09%	39.96%	45.58%	43.61%
EBIT Margin	53.00%	52.94%	47.24%	46.02%	40.38%	45.93%	37.19%	36.06%	36.11%	41.65%	39.98%
Profit (Net Income) Margin	37.73%	39.55%	33.22%	32.55%	28.44%	31.15%	25.97%	25.50%	25.46%	29.10%	28.13%
Tax Burden Percent	71.19%	74.71%	70.34%	70.73%	70.44%	67.81%	69.83%	70.70%	70.50%	69.87%	70.37%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	28.81%	25.29%	29.66%	29.27%	29.56%	32.19%	30.17%	29.30%	29.50%	30.14%	29.63%
Return on Invested Capital (ROIC)	10.79%	10.18%	9.18%	9.81%	8.49%	7.00%	5.99%	5.99%	5.60%	5.98%	6.70%
ROIC Less NNEP Spread (ROIC-NNEP)	10.79%	10.18%	9.18%	9.81%	8.49%	7.00%	5.99%	5.99%	5.60%	5.98%	6.70%
Return on Net Nonoperating Assets (RNNOA)	5.11%	6.61%	5.24%	4.03%	3.48%	4.88%	3.43%	2.95%	2.89%	3.53%	2.54%
Return on Equity (ROE)	15.89%	16.79%	14.42%	13.84%	11.97%	11.88%	9.42%	8.93%	8.49%	9.51%	9.24%
Cash Return on Invested Capital (CROIC)	26.47%	-1.86%	-16.22%	7.42%	-3.09%	3.52%	19.48%	-13.60%	-13.97%	8.22%	7.05%
Operating Return on Assets (OROA)	1.97%	2.02%	1.86%	1.76%	1.49%	1.57%	1.23%	1.16%	1.12%	1.28%	1.25%
Return on Assets (ROA)	1.40%	1.51%	1.31%	1.25%	1.05%	1.06%	0.86%	0.82%	0.79%	0.89%	0.88%
Return on Common Equity (ROCE)	15.89%	16.79%	14.42%	13.84%	11.97%	11.88%	9.42%	8.93%	8.49%	9.51%	9.24%
Return on Equity Simple (ROE_SIMPLE)	17.45%	0.00%	15.51%	14.70%	13.55%	0.00%	10.41%	9.48%	8.57%	0.00%	8.61%
Net Operating Profit after Tax (NOPAT)	27	28	22	21	19	19	15	14	15	18	18
NOPAT Margin	37.73%	39.55%	33.22%	32.55%	28.44%	31.15%	25.97%	25.50%	25.46%	29.10%	28.13%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	39.78%	39.37%	43.98%	45.90%	44.20%	48.72%	52.37%	51.87%	50.98%	48.72%	47.43%
Operating Expenses to Revenue	46.22%	46.99%	49.54%	54.11%	51.82%	58.86%	62.42%	62.24%	59.98%	56.79%	55.69%
Earnings before Interest and Taxes (EBIT)	38	38	31	29	27	27	22	20	21	25	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	40	41	34	31	29	30	24	23	23	28	27
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.06	1.05	0.78	0.63	0.69	0.79	0.67	0.71	0.76	0.96	0.90
Price to Tangible Book Value (P/TBV)	1.08	1.06	0.79	0.64	0.71	0.80	0.68	0.72	0.77	0.98	0.91
Price to Revenue (P/Rev)	2.50	2.45	1.86	1.55	1.72	2.16	1.89	2.08	2.39	3.01	2.83
Price to Earnings (P/E)	6.08	6.57	5.03	4.31	5.12	6.89	6.39	7.48	8.82	11.34	10.45
Dividend Yield	4.20%	4.30%	5.72%	7.21%	6.62%	5.51%	6.47%	6.06%	5.44%	4.28%	4.55%
Earnings Yield	16.46%	15.21%	19.87%	23.19%	19.52%	14.51%	15.64%	13.37%	11.34%	8.82%	9.57%
Enterprise Value to Invested Capital (EV/IC)	0.72	0.71	0.53	0.36	0.49	0.61	0.51	0.54	0.60	0.71	0.60
Enterprise Value to Revenue (EV/Rev)	2.32	2.92	2.19	1.22	1.73	2.76	2.08	2.54	3.00	3.39	2.49
Enterprise Value to EBITDA (EV/EBITDA)	3.80	5.09	3.97	2.29	3.44	5.69	4.51	5.79	7.01	8.11	5.89
Enterprise Value to EBIT (EV/EBIT)	4.11	5.64	4.27	2.44	3.70	6.15	4.90	6.34	7.71	8.96	6.47
Enterprise Value to NOPAT (EV/NOPAT)	5.64	7.83	5.94	3.39	5.16	8.80	7.03	9.11	11.08	12.76	9.21
Enterprise Value to Operating Cash Flow (EV/OCF)	4.66	5.39	3.74	2.00	3.17	6.53	5.06	8.77	15.27	14.71	11.96
Enterprise Value to Free Cash Flow (EV/FCFF)	2.50	0.00	0.00	4.95	0.00	17.58	2.46	0.00	0.00	8.46	8.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.38	0.75	0.72	0.38	0.44	0.65	0.43	0.60	0.58	0.54	0.33
Long-Term Debt to Equity	0.38	0.75	0.72	0.38	0.44	0.65	0.43	0.60	0.58	0.54	0.33
Financial Leverage	0.47	0.65	0.57	0.41	0.41	0.70	0.57	0.49	0.52	0.59	0.38
Leverage Ratio	11.32	11.11	11.04	11.11	11.38	11.16	10.95	10.85	10.76	10.63	10.48
Compound Leverage Factor	11.32	11.11	11.04	11.11	11.38	11.16	10.95	10.85	10.76	10.63	10.48
Debt to Total Capital	27.35%	42.92%	42.00%	27.59%	30.59%	39.33%	30.09%	37.42%	36.88%	34.94%	24.84%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	27.35%	42.92%	42.00%	27.59%	30.59%	39.33%	30.09%	37.42%	36.88%	34.94%	24.84%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	72.65%	57.08%	58.00%	72.41%	69.41%	60.67%	69.91%	62.58%	63.12%	65.06%	75.16%
Debt to EBITDA	1.45	3.08	3.12	1.75	2.17	3.67	2.65	4.01	4.31	4.02	2.45
Net Debt to EBITDA	-0.29	0.82	0.61	-0.62	0.02	1.23	0.41	1.04	1.43	0.90	-0.80
Long-Term Debt to EBITDA	1.45	3.08	3.12	1.75	2.17	3.67	2.65	4.01	4.31	4.02	2.45
Debt to NOPAT	2.16	4.73	4.67	2.59	3.25	5.68	4.13	6.31	6.82	6.32	3.84
Net Debt to NOPAT	-0.43	1.25	0.91	-0.92	0.04	1.91	0.64	1.64	2.26	1.42	-1.25
Long-Term Debt to NOPAT	2.16	4.73	4.67	2.59	3.25	5.68	4.13	6.31	6.82	6.32	3.84
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	160	-93	-244	-10	-99	-21	151	-192	-197	49	24
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	19.18	-5.23	-8.30	-0.29	-2.52	-0.48	3.09	-3.84	-3.90	1.06	0.54
Operating Cash Flow to Interest Expense	5.94	2.65	1.23	0.96	0.75	0.19	0.61	0.04	0.11	0.35	0.59
Operating Cash Flow Less CapEx to Interest Expense	5.94	2.65	1.23	0.96	0.75	0.19	0.61	0.04	0.11	0.35	0.59
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	10.52	11.41	11.84	11.63	12.08	11.40	11.11	10.76	11.09	10.81	11.15
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	838	1,117	1,142	923	956	1,157	1,006	1,130	1,167	1,125	1,000
Invested Capital Turnover	0.29	0.26	0.28	0.30	0.30	0.22	0.23	0.23	0.22	0.21	0.24
Increase / (Decrease) in Invested Capital	-133	121	266	31	118	40	-136	207	211	-32	-5.98
Enterprise Value (EV)	600	793	610	333	464	704	515	611	700	794	596
Market Capitalization	645	666	517	424	461	552	468	501	557	705	676
Book Value per Share	$19.97	$20.91	$21.71	$21.89	$21.77	$23.09	$23.23	$23.27	$24.34	$24.25	$24.89
Tangible Book Value per Share	$19.60	$20.54	$21.35	$21.52	$21.40	$22.73	$22.86	$22.90	$23.97	$23.88	$24.52
Total Capital	838	1,117	1,142	923	956	1,157	1,006	1,130	1,167	1,125	1,000
Total Debt	229	479	480	255	292	455	303	423	430	393	248
Total Long-Term Debt	229	479	480	255	292	455	303	423	430	393	248
Net Debt	-46	127	93	-90	3.35	153	47	110	143	88	-81
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	229	479	480	255	292	455	303	423	430	393	248
Total Depreciation and Amortization (D&A)	1.61	2.59	2.38	2.31	2.28	2.28	2.30	2.28	2.25	2.39	2.28
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.89	$0.94	$0.72	$0.68	$0.62	$0.61	$0.50	$0.48	$0.49	$0.59	$0.59
Adjusted Weighted Average Basic Shares Outstanding	30.31M	30.30M	30.35M	30.32M	30.25M	30.27M	30.12M	30.06M	29.97M	30.02M	29.94M
Adjusted Diluted Earnings per Share	$0.89	$0.93	$0.72	$0.67	$0.62	$0.61	$0.50	$0.48	$0.49	$0.58	$0.58
Adjusted Weighted Average Diluted Shares Outstanding	30.40M	30.39M	30.43M	30.39M	30.29M	30.33M	30.12M	30.13M	30.03M	30.10M	30.06M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.49M	30.50M	30.55M	30.48M	30.39M	30.27M	30.39M	30.27M	30.20M	30.20M	30.21M
Normalized Net Operating Profit after Tax (NOPAT)	27	28	22	21	19	19	15	14	15	18	18
Normalized NOPAT Margin	37.73%	39.55%	33.22%	32.55%	28.44%	31.15%	25.97%	25.50%	25.46%	29.10%	28.13%
Pre Tax Income Margin	53.00%	52.94%	47.24%	46.02%	40.38%	45.93%	37.19%	36.06%	36.11%	41.65%	39.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.56	2.16	1.06	0.82	0.68	0.62	0.44	0.41	0.42	0.54	0.57
NOPAT to Interest Expense	3.25	1.61	0.75	0.58	0.48	0.42	0.31	0.29	0.30	0.38	0.40
EBIT Less CapEx to Interest Expense	4.56	2.16	1.06	0.82	0.68	0.62	0.44	0.41	0.42	0.54	0.57
NOPAT Less CapEx to Interest Expense	3.25	1.61	0.75	0.58	0.48	0.42	0.31	0.29	0.30	0.38	0.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.50%	28.24%	28.79%	31.04%	34.00%	38.15%	41.79%	45.57%	48.19%	48.84%	47.67%
Augmented Payout Ratio	25.78%	28.24%	28.79%	32.50%	37.72%	43.25%	49.55%	55.96%	58.48%	58.99%	56.70%

Financials Breakdown Chart

Key Financial Trends

Hanmi Financial (NASDAQ: HAFC) shows a stable and consistent earnings performance over the past four years, with net income generally holding steady in the $17 million to $28 million range per quarter recently and basic earnings per share fluctuating modestly between $0.48 and $0.94. The company’s net interest income, its primary revenue source, remains strong, hovering around $55 million per quarter in recent periods, supported by loans and leases interest income close to $90 million consistently.

Key positive trends include Hanmi Financial's ongoing ability to generate solid net income and stable earnings per share, supporting dividend payments above $0.25 per share quarterly, reflecting a commitment to returning capital to shareholders. The company has maintained or modestly increased operating efficiency with salaries and employee benefits and non-interest expenses remaining relatively stable despite some fluctuations.

Balance sheet composition indicates robust asset levels near $7.7 billion, with deposits growing significantly over the past year, especially interest-bearing deposits rising to over $4.5 billion in Q1 2025 from roughly $4.0 billion in earlier 2023 quarters. Total liabilities also rose, but equity has increased accordingly, indicating solid capitalization. Treasury stock values in the negative $130-$140 million range show ongoing share repurchases, which can be favorable for shareholders.

Cash flow data reveals strong operating cash generation, with net cash from continuing operating activities increasing sharply in Q1 2025 to about $25.8 million from roughly $8.2 million in Q4 2024, indicating improved cash management and earnings quality. Financing activities in Q1 2025 showed a significant net inflow of cash ($28.8 million), partly driven by increased deposits, while investing activities consumed cash due to net purchases of investment securities.

Consistent quarterly net income around $17 million to $28 million over recent years, with slight growth in early 2025.
Stable basic and diluted earnings per share in the $0.48 to $0.72 range showing steady shareholder returns.
Quarterly cash dividends per common share increased slightly to $0.27 in Q1 2025 from $0.25 in 2024, indicating dividend growth.
Growing total assets and deposits, with interest-bearing deposits reaching $4.55 billion in Q1 2025, supporting asset-liability management.
Strong net interest income of around $55 million per quarter driven by consistent loan interest income.
Positive net cash from operating activities improving notably in Q1 2025 ($25.8 million) reflecting operational strength.
Stable non-interest income segments such as service charges and capital gains with limited large fluctuations.
Increasing long-term debt levels from ~$230 million in 2022 to around $248 million in Q1 2025, which may support growth but adds leverage.
Net cash used in investing activities remains substantial due to ongoing purchase of investment securities, indicating capital deployment needs.
Interest expense on deposits and debt has increased in recent quarters, averaging around $44 million per quarter, which could pressure net interest margins if rates rise.

Overall, Hanmi Financial demonstrates solid financial performance with stable profitability, sound asset growth, and consistent dividend payments. The company’s strong cash flow generation and balanced capital structure bode well for sustaining operations and potential growth. Investors should watch deposit cost trends and investing activity levels for impacts on future earnings and liquidity.

10/09/25 12:40 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Hanmi Financial's Financials

When does Hanmi Financial's fiscal year end?

According to the most recent income statement we have on file, Hanmi Financial's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Hanmi Financial's net income changed over the last 10 years?

Hanmi Financial's net income appears to be on an upward trend, with a most recent value of $62.20 million in 2024, rising from $49.76 million in 2014. The previous period was $80.04 million in 2023. See Hanmi Financial's forecast for analyst expectations on what’s next for the company.

How has Hanmi Financial's revenue changed over the last 10 years?

Over the last 10 years, Hanmi Financial's total revenue changed from $165.00 million in 2014 to $234.36 million in 2024, a change of 42.0%.

How much debt does Hanmi Financial have?

Hanmi Financial's total liabilities were at $6.95 billion at the end of 2024, a 1.1% increase from 2023, and a 83.8% increase since 2014.

How much cash does Hanmi Financial have?

In the past 10 years, Hanmi Financial's cash and equivalents has ranged from $121.68 million in 2019 to $608.97 million in 2021, and is currently $304.80 million as of their latest financial filing in 2024.

How has Hanmi Financial's book value per share changed over the last 10 years?

Over the last 10 years, Hanmi Financial's book value per share changed from 14.21 in 2014 to 24.25 in 2024, a change of 70.6%.

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This page (NASDAQ:HAFC) was last updated on 10/9/2025 by MarketBeat.com Staff

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Hanmi Financial (HAFC) Financials

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Hanmi Financial (HAFC) Financials

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