(HAFC) Hanmi Financial - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 866m USD | Total Return: 37.6% in 12m
Avg Turnover: 7.96M
EPS Trend: -41.7%
Qual. Beats: 0
Rev. Trend: 91.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
Hanmi Financial Corporation, based in Los Angeles, serves as the bank holding company for Hanmi Bank. Established in 1982, the institution focuses on providing commercial banking services to small and middle-market businesses. Its portfolio includes diverse deposit products, commercial real estate loans, equipment lease financing, and international trade services.
The company operates within the regional banking sector, where business models typically rely on the net interest margin-the spread between interest earned on loans and interest paid on deposits. As a specialist in Small Business Administration (SBA) lending, Hanmi facilitates government-guaranteed loans, which often provide banks with secondary market premium income and reduced credit risk.
Investors can further evaluate these financial metrics by visiting ValueRay. Hanmi Financial Corporation maintains a strategic focus on multi-ethnic communities, leveraging its expertise in niche commercial sectors to compete against larger national franchises.
- Commercial real estate loan concentration exposes portfolio to high interest rate volatility
- CRE loan asset quality and delinquency rates dictate credit loss provision levels
- Net interest margin compression follows rising funding costs for core deposit products
- Small Business Administration loan volume fluctuations impact non-interest fee income growth
- Korean-American niche market penetration drives organic commercial and industrial loan expansion
| Net Income: 81.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.96 > 1.0 |
| NWC/Revenue: -1.31k% < 20% (prev -1.35k%; Δ 45.70% < -1%) |
| CFO/TA 0.03 > 3% & CFO 204.0m > Net Income 81.0m |
| Net Debt (-959.2m) to EBITDA (110.4m): -8.69 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.8m) vs 12m ago -0.83% < -2% |
| Gross Margin: 58.77% > 18% (prev 0.54%; Δ 5.82k% > 0.5%) |
| Asset Turnover: 5.65% > 50% (prev 5.55%; Δ 0.09% > 0%) |
| Interest Coverage Ratio: 0.62 > 6 (EBITDA TTM 110.4m / Interest Expense TTM 169.5m) |
| A: -0.73 (Total Current Assets 1.11b - Total Current Liabilities 6.86b) / 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: 0.05 (Book Value of Equity 362.8m / Total Liabilities 7.04b) |
| Altman-Z'' = -4.50 = D |
| DSRI: 0.04 (Receivables 23.3m/521.1m, Revenue 439.6m/429.2m) |
| GMI: 0.92 (GM 58.77% / 53.83%) |
| AQI: 0.98 (AQ_t 0.86 / 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 = -3.90 (Cap -4..+1) = AAA |
As of May 24, 2026, the stock is trading at USD 30.32 with a total of 379,734 shares traded.
Over the past week, the price has changed by +3.71%,
over one month by +2.98%,
over three months by +16.32% and
over the past year by +37.64%.
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
| Analysts Target Price | 32.9 | 8.4% |
P/E Forward = 8.6207
P/S = 3.274
P/B = 1.1253
P/EG = 1.3855
Revenue TTM = 439.6m USD
EBIT TTM = 104.8m USD
EBITDA TTM = 110.4m USD
Long Term Debt = 130.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 150.0m USD (from shortTermDebt, last fiscal year)
Debt = 130.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -959.2m USD (calculated: Debt 130.6m - CCE 1.09b)
Enterprise Value = 865.9m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.62 (Ebit TTM 104.8m / Interest Expense TTM 169.5m)
EV/FCF = 4.29x (Enterprise Value 865.9m / FCF TTM 201.8m)
FCF Yield = 23.31% (FCF TTM 201.8m / Enterprise Value 865.9m)
FCF Margin = 45.91% (FCF TTM 201.8m / 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 = 0.11 (Enterprise Value 865.9m / Total Assets 7.84b)
Interest Expense / Debt = 129.8% (Interest Expense 169.5m / Debt 130.6m)
Taxrate = 26.00% (7.92m / 30.5m)
NOPAT = 77.5m (EBIT 104.8m * (1 - 26.00%))
Current Ratio = 0.16 (Total Current Assets 1.11b / Total Current Liabilities 6.86b)
Debt / Equity = 0.16 (Debt 130.6m / totalStockholderEquity, last quarter 802.8m)
Debt / EBITDA = -8.69 (Net Debt -959.2m / EBITDA 110.4m)
Debt / FCF = -4.75 (Net Debt -959.2m / FCF TTM 201.8m)
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 130.5m))
RoIC = 0.98% (NOPAT 77.5m / Invested Capital 7.88b)
WACC = 7.43% (E(865.9m)/V(996.5m) * Re(8.55%) + (debt cost/tax rate unavailable))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -0.65%
[DCF] Terminal Value 77.97% ; FCFF base≈140.2m ; Y1≈160.7m ; Y5≈236.5m
[DCF] Fair Price = 151.8 (EV 3.56b - Net Debt -959.2m = Equity 4.52b / Shares 29.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -41.67 | EPS CAGR: -6.40% | SUE: 0.66 | # QB: 0
Revenue Correlation: 91.43 | Revenue CAGR: 6.49% | SUE: 0.48 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.77 | Chg30d=+4.76% | Revisions=+50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.81 | Chg30d=+4.85% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=3.16 | Chg30d=+5.07% | Revisions=+50% | GrowthEPS=+25.9% | GrowthRev=+10.7%
EPS next Year (2027-12-31): EPS=3.42 | Chg30d=+3.40% | Revisions=+50% | GrowthEPS=+8.2% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +50%