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Hanmi Financial Corp HAFC

Morningstar Rating
$20.51 +0.41 (2.04%)
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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.

Price vs Fair Value

HAFC is trading at a 174% premium.
Price
$20.47
Fair Value
$29.23
Uncertainty
Very High
1-Star Price
$54.43
5-Star Price
$31.35
Economic Moat
Rhzh
Capital Allocation
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News

Trading Information

Previous Close Price
$20.10
Day Range
$20.1320.70
52-Week Range
$13.8720.90
Bid/Ask
$20.50 / $25.00
Market Cap
$620.88 Mil
Volume/Avg
318,722 / 201,719

Key Statistics

Price/Earnings (Normalized)
8.55
Price/Sales
2.62
Dividend Yield (Trailing)
4.87%
Dividend Yield (Forward)
4.87%
Total Yield
5.53%

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

Comparables

Valuation

Metric
HAFC
HFWA
SMBK
Price/Earnings (Normalized)
8.5516.7416.39
Price/Book Value
0.880.941.01
Price/Sales
2.623.733.16
Price/Cash Flow
7.558.2210.79
Price/Earnings
HAFC
HFWA
SMBK

Financial Strength

Metric
HAFC
HFWA
SMBK
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
HAFC
HFWA
SMBK
Return on Assets (Normalized)
0.95%0.71%0.65%
Return on Equity (Normalized)
10.45%6.09%6.91%
Return on Invested Capital (Normalized)
Return on Assets
HAFC
HFWA
SMBK
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Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
BNPQY
QcwbcrhmfDpcm$79.0 Bil
Intesa Sanpaolo ADR
ISNPY
QtyjfszvVsk$72.4 Bil
PNC Financial Services Group Inc
PNC
WtppzxjwxVfbgbk$72.0 Bil
U.S. Bancorp
USB
CklrbjqdLsbk$70.9 Bil
Truist Financial Corp
TFC
VqvklbjnfZcwhbb$59.4 Bil
Itau Unibanco Holding SA ADR
ITUB
BdxrcxspRdvd$54.6 Bil
Mizuho Financial Group Inc ADR
MFG
DngnxflGvvdz$53.7 Bil
Lloyds Banking Group PLC ADR
LYG
ZcqqzkmqmMplmg$48.6 Bil
NatWest Group PLC ADR
NWG
LlghxlqjrGpcfd$38.6 Bil
Deutsche Bank AG
DB
BjhnGckb$30.5 Bil

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