HAFC Stock Analysis: Hanmi Financial | NASDAQ

Banks - Regional | NASDAQ, USA | Market Cap: 967m USD | 12M Return: 28.6% | Charts, Fundamentals & Technical Analysis

Deposit Accounts, Property Loans, Commercial Loans, Trade Finance
Total Rating 46
Safety 36
Buy Signal 0.55
Banks - Regional
Industry Rotation: +3.8
Market Cap: 967M
Avg Turnover: 7.72M
Risk 3d forecast
Volatility34.3%
VaR 5th Pctl5.24%
VaR vs Median-6.26%
Reward TTM
Sharpe Ratio0.81
Rel. Str. IBD73.8
Rel. Str. Peer Group68.8
Character TTM
Beta0.613
Beta Downside0.653
Hurst Exponent0.378
Drawdowns 3y
Max DD28.44%
CAGR/Max DD1.19
CAGR/Mean DD3.45
EPS (Earnings per Share) EPS (Earnings per Share) of HAFC over the last years for every Quarter: "2021-06": 0.72, "2021-09": 0.86, "2021-12": 1.09, "2022-03": 0.68, "2022-06": 0.82, "2022-09": 0.89, "2022-12": 0.93, "2023-03": 0.72, "2023-06": 0.67, "2023-09": 0.62, "2023-12": 0.61, "2024-03": 0.5, "2024-06": 0.48, "2024-09": 0.49, "2024-12": 0.58, "2025-03": 0.58, "2025-06": 0.5, "2025-09": 0.73, "2025-12": 0.7, "2026-03": 0.75,
EPS CAGR: -6.40%
EPS Trend: -41.7%
Last SUE: 0.91
Qual. Beats: 1
Revenue Revenue of HAFC over the last years for every Quarter: 2021-06: 63.418, 2021-09: 67.864, 2021-12: 63.906, 2022-03: 65.424, 2022-06: 72.53, 2022-09: 80.364, 2022-12: 89.696, 2023-03: 95.639, 2023-06: 96.762, 2023-09: 101.3, 2023-12: 103.864, 2024-03: 107.327, 2024-06: 106.717, 2024-09: 107.995, 2024-12: 107.47, 2025-03: 106.983, 2025-06: 109.404, 2025-09: 115.106, 2025-12: 112.933, 2026-03: 102.152,
Rev. CAGR: 6.49%
Rev. Trend: 91.4%
Last SUE: 0.48
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

Confidence

Seasonality 10.5 years of data

Jan -2.0% 17
Feb -1.0% 26
Mar -5.0% 16
Apr -2.8% 14
May -2.2% 12
Jun +6.2% 37
Jul -3.4% 6
Aug -2.7% 26
Sep -3.5% 41
Oct +2.5% 12
Nov +4.4% 45
Dec -2.2% 20

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: HAFC Hanmi Financial

Hanmi Financial Corporation is the holding company for Hanmi Bank, a U.S.-based business bank headquartered in Los Angeles, California, founded in 1982 and listed on NASDAQ under the ticker HAFC. The company serves the small and mid-sized business segment through a range of deposit products-including noninterest-bearing checking, NOW, savings, money market accounts, and certificates of deposit-and a diversified lending portfolio covering commercial real estate, construction, residential property, commercial and industrial loans, equipment lease financing, and international trade finance such as letters of credit and import/export financing.

As a regional bank, Hanmi Financial concentrates on commercial and small business lending within its core market rather than consumer retail banking, and it is a participating SBA lender, offering loans tailored to commercial real estate, acquisitions, franchise financing, working capital, and debt refinancing. The company operates as a small-cap financial with a market capitalization of approximately $929 million USD and has been publicly traded since its 1996 IPO.

Headlines to Watch Out For
  • Net interest margin compresses as Fed cuts rates
  • Commercial real estate loan portfolio faces credit quality headwinds
  • SBA lending growth and core deposit franchise expansion support revenue
Piotroski VR-10 (Strict) 5.5
Net Income: 81.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.95 > 1.0
NWC/Revenue: -1.46k% < 20% (prev -1.35k%; Δ -102.0% < -1%)
CFO/TA 0.03 > 3% & CFO 204.0m > Net Income 81.0m
Net Debt (-278.5m) to EBITDA (107.4m): -2.59 < 3
Current Ratio: 0.06 > 1.5 & < 3
Outstanding Shares: last quarter (29.8m) vs 12m ago -0.83% < -2%
Gross Margin: 58.77% > 18% (prev 53.83%; Δ 4.94% > 0.5%)
Asset Turnover: 5.65% > 50% (prev 5.55%; Δ 0.09% > 0%)
Interest Coverage Ratio: 0.62 > 6 (EBIT TTM 104.8m / Interest Expense TTM 169.5m)
Altman Z'' -4.97
A: -0.82 (Total Current Assets 432.4m - Total Current Liabilities 6.83b) / Total Assets 7.84b
B: 0.05 (Retained Earnings 408.3m / Total Assets 7.84b)
C: 0.01 (EBIT TTM 104.8m / Avg Total Assets 7.78b)
D: 0.11 (Book Value of Equity 802.8m / Total Liabilities 7.04b)
Altman-Z'' = -4.97 = D
Beneish M -3.78
DSRI: 0.10 (Receivables 23.3m/521.1m, Revenue 439.6m/429.2m)
GMI: 0.92 (GM 53.83% / 58.77%)
AQI: 1.08 (AQ_t 0.94 / AQ_t-1 0.88)
SGI: 1.02 (Revenue 439.6m / 429.2m)
TATA: -0.02 (NI 81.0m - CFO 204.0m) / TA 7.84b)
Beneish M = -3.78 (Cap -4..+1) = AAA
What is the price of HAFC shares?

As of July 08, 2026, the stock is trading at USD 32.17 with a total of 196,510 shares traded. Over the past week, the price has changed by -0.74%, over one month by +5.34%, over three months by +20.89% and over the past year by +28.63%.

Current recommended Stop Loss: 31.30 (which is 2.7% or 1.2 ATR below the current price).

Is HAFC a buy, sell or hold?

Hanmi Financial has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold HAFC.

  • StrongBuy: 1
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the HAFC price?
Analysts Target Price 33.4 3.8%
Hanmi Financial (HAFC) - Fundamental Data Overview as of 06 July 2026
Market Cap USD = 967.1m (967.1m USD * 1.0 USD.USD)
P/E Trailing = 12.1231
P/E Forward = 8.9127
P/S = 3.6567
P/B = 1.2043
P/EG = 1.3855
Revenue TTM = 439.6m USD
EBIT TTM = 104.8m USD
EBITDA TTM = 107.4m USD
Long Term Debt = 130.6m USD (from longTermDebt, last quarter)
Short Term Debt = 150.0m USD (from shortTermDebt, last fiscal year)
Debt = 130.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -278.5m USD (calculated: Debt 130.6m - CCE 409.1m)
Enterprise Value = 688.7m USD (967.1m + Debt 130.6m - CCE 409.1m)
Interest Coverage Ratio = 0.62 (Ebit TTM 104.8m / Interest Expense TTM 169.5m)
EV/FCF = 3.42x (Enterprise Value 688.7m / FCF TTM 201.3m)
FCF Yield = 29.23% (FCF TTM 201.3m / Enterprise Value 688.7m)
FCF Margin = 45.80% (FCF TTM 201.3m / Revenue TTM 439.6m)
Net Margin = 18.42% (Net Income TTM 81.0m / Revenue TTM 439.6m)
Gross Margin = 58.77% ((Revenue TTM 439.6m - Cost of Revenue TTM 181.2m) / Revenue TTM)
Gross Margin QoQ = 61.87% (prev 60.88%)
Tobins Q-Ratio = 0.09 (Enterprise Value 688.7m / Total Assets 7.84b)
 Interest Expense / Debt = 129.8% (Interest Expense 169.5m / Debt 130.6m)
 Taxrate = 28.53% (32.3m / 113.3m)
NOPAT = 74.9m (EBIT 104.8m * (1 - 28.53%))
Current Ratio = 0.06 (Total Current Assets 432.4m / Total Current Liabilities 6.83b)
Debt / Equity = 0.16 (Debt 130.6m / totalStockholderEquity, last quarter 802.8m)
Debt / EBITDA = -2.59 (Net Debt -278.5m / EBITDA 107.4m)
Debt / FCF = -1.38 (Net Debt -278.5m / FCF TTM 201.3m)
Total Stockholder Equity = 785.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.04% (Net Income 81.0m / Total Assets 7.84b)
RoE = 10.31% (Net Income TTM 81.0m / Total Stockholder Equity 785.4m)
RoCE = 11.44% (EBIT 104.8m / Capital Employed (Equity 785.4m + L.T.Debt 130.6m))
RoIC = 6.59% (NOPAT 74.9m / Invested Capital 1.14b)
WACC = 7.17% (E(967.1m)/V(1.10b) * Re(8.14%) + (debt cost/tax rate unavailable))
Discount Rate = 8.14% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -0.65%
[DCF] Terminal Value 77.97% ; FCFF base≈139.9m ; Y1≈160.3m ; Y5≈236.0m
[DCF] Fair Price = 128.7 (EV 3.55b - Net Debt -278.5m = Equity 3.83b / Shares 29.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -41.67 | EPS CAGR: -6.40% | SUE: 0.91 | # QB: 1
Revenue Correlation: 91.43 | Revenue CAGR: 6.49% | SUE: 0.48 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.77 | Chg30d=+0.00% | Revisions=+57% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.81 | Chg30d=+0.00% | Revisions=+57% | Analysts=4
EPS current Year (2026-12-31): EPS=3.17 | Chg30d=+0.16% | Revisions=+57% | GrowthEPS=+26.1% | GrowthRev=+10.8%
EPS next Year (2027-12-31): EPS=3.42 | Chg30d=+0.15% | Revisions=+57% | GrowthEPS=+8.2% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +84% (up=16, down=0)