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Hanmi Financial Corp HAFC

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Woori Saves Hanmi from Failure

Michael Kon, CFA Senior Stock Analyst
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Company Profile

Business Description

Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans. 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 primarily from interest and fees on loans, interest, and dividends on the securities portfolio, and service charges on deposit accounts.

Contact
900 Wilshire Boulevard, Suite 1250
Los Angeles, CA, 90017
T +1 213 382-2200
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2021
Stock Type Cyclical
Employees 602

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