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Hanmi Financial Corp. (HAFC)
NASDAQ:HAFC
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HAFC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.45 - $26.30
Previous Close$24.89
Volume168.11K
Average Volume (3M)191.37K
Market Cap
$751.59M
Enterprise Value$1.18B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$430.48M
Price to Earnings (P/E)12.0
Beta0.98
Next Earnings
Jan 28, 2025EPS Estimate
$0.52Last Dividend Ex-Date
Nov 04, 2024Dividend Yield4.02%
Share Statistics
EPS (TTM)2.08
Shares Outstanding30,196,372
10 Day Avg. Volume242,476
30 Day Avg. Volume191,365
Standard Deviation0.12
R-Squared0.13
Alpha0.00372
Financial Highlights & Ratios
Price to Book (P/B)1.02
Price to Sales (P/S)3.22
Price to Cash Flow (P/CF)33.70
P/FCF Ratio4.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.81
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$22.63Price Target Upside-9.08% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Hanmi Financial News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthProjected earnings per share growth of 42% from 2024 to 2026 is approximately double that of peers, supported by rebounding net interest income and easing credit concerns.
Financial PerformanceHanmi Financial's net interest margin is expected to expand significantly, driven by lower borrowing costs and a favorable deposit beta during the rising rate cycle.
Shareholder ValueHanmi Financial is poised to remain active in share buybacks, supported by a strong common equity tier 1 ratio and shares trading below tangible book value.
Bears Say
Loan QualityCriticized loans increased $89 million sequentially to $160 million, primarily driven by two CRE loans in the hospitality industry and one C&I loan in the healthcare industry.
ProfitabilityHigher rates weighed not only on HAFC's profitability, but also on sentiment towards the bank, which remains tilted towards CRE even as the company continues to make progress on diversification.
RevenueCore fees have decreased, mainly due to lower bank-owned life insurance and muted Small Business Administration volume.
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Ownership Overview
1.74% Insiders
24.37% Mutual Funds
5.20% Other Institutional Investors
41.49% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HAFC FAQ
What was Hanmi Financial Corp.’s price range in the past 12 months?
Hanmi Financial Corp. lowest stock price was $14.45 and its highest was $26.30 in the past 12 months.
What is Hanmi Financial Corp.’s market cap?
Currently, no data Available
When is Hanmi Financial Corp.’s upcoming earnings report date?
Hanmi Financial Corp.’s upcoming earnings report date is Jan 28, 2025 which is in 79 days.
How were Hanmi Financial Corp.’s earnings last quarter?
Hanmi Financial Corp. released its earnings results on Oct 22, 2024. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.483 by $0.007.
Is Hanmi Financial Corp. overvalued?
According to Wall Street analysts Hanmi Financial Corp.’s price is currently Overvalued.
Does Hanmi Financial Corp. pay dividends?
Hanmi Financial Corp. pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 4.02%. See more information on Hanmi Financial Corp. dividends here
What is Hanmi Financial Corp.’s EPS estimate?
Hanmi Financial Corp.’s EPS estimate is $0.52.
How many shares outstanding does Hanmi Financial Corp. have?
Hanmi Financial Corp. has 30,196,371 shares outstanding.
What happened to Hanmi Financial Corp.’s price movement after its last earnings report?
Hanmi Financial Corp. reported an EPS of $0.49 in its last earnings report, beating expectations of $0.483. Following the earnings report the stock price went up 7.082%.
Which hedge fund is a major shareholder of Hanmi Financial Corp.?
Among the largest hedge funds holding Hanmi Financial Corp.’s share is Hotchkis & Wiley Capital Management LLC. It holds Hanmi Financial Corp.’s shares valued at 13M.
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Hanmi Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.63 (-9.08% Downside)
$22.63 (-9.08% Downside)
Blogger Sentiment
Bullish
HAFC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 32.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $643.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.69%
12-Months-Change
Fundamentals
Return on Equity
8.95%
Trailing 12-Months
Asset Growth
4.93%
Trailing 12-Months
Company Description
Hanmi Financial Corp.
Hanmi Financial Corp. is holding company, which engages in the provision of commercial banking and financial services. The firm operates through its subsidiary, Hanmi Bank. Its services include demand, time and savings deposits; and commercial and industrial, real estate, and consumer lending. The company was founded on March 14, 2000 and is headquartered in Los Angeles, CA.
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HAFC Company Deck
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HAFC Earnings Call
Q3 2024
0:00 / 0:00
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HAFC Stock 12 Month Forecast
Average Price Target
$22.63
▼(-9.08% Downside)
Technical Analysis
Best Analysts Covering HAFC
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+10.75%
upgraded a buy rating 17 days ago
Copying Matthew Clark's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +10.75% per trade.
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