Hanmi Financial Corp HAFC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Hanmi Financial Declares Cash Dividend of $0.25 per share and Announces New Share Repurchase Authorization
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Hanmi Reports 2024 First Quarter Results
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The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of the publicly-traded common stock of Hanmi Financial Corporation – HAFC
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Hanmi Financial Corporation Announces First Quarter 2024 Earnings and Conference Call Date
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Hanmi Releases 2023 Annual Shareholder Letter
Trading Information
- Previous Close Price
- $15.63
- Day Range
- $15.65–16.03
- 52-Week Range
- $13.35–20.31
- Bid/Ask
- $14.87 / $16.20
- Market Cap
- $478.97 Mil
- Volume/Avg
- 457,426 / 300,776
Key Statistics
- Price/Earnings (Normalized)
- 5.96
- Price/Sales
- 1.96
- Dividend Yield (Trailing)
- 6.60%
- Dividend Yield (Forward)
- 6.60%
- Total Yield
- 7.50%
Company Profile
Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 615
- Website
- https://www.hanmi.com
Comparables
Valuation
|
Metric
|
HAFC
|
HFWA
|
BMRC
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.96 | 9.83 | 12.79 |
Price/Book Value | 0.67 | 0.74 | 0.58 |
Price/Sales | 1.96 | 2.62 | 2.42 |
Price/Cash Flow | 5.42 | 5.82 | 6.79 |
Price/Earnings
HAFC
HFWA
BMRC
Financial Strength
|
Metric
|
HAFC
|
HFWA
|
BMRC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
HAFC
|
HFWA
|
BMRC
|
|---|---|---|---|
Return on Assets (Normalized) | 1.05% | 0.91% | 0.53% |
Return on Equity (Normalized) | 11.66% | 7.89% | 5.02% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
HAFC
HFWA
BMRC
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