Hanmi Financial
Community bank lending to Korean-American and multi-ethnic small businesses across nine states.
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Profile
Runs a California state-chartered community bank serving Korean-American and other multi-ethnic small and mid-market businesses, with lending concentrated in commercial real estate, commercial and industrial credit, SBA loans, and trade finance tied to Korean, Chinese, and Vietnamese import-export flows across a nine-state branch network.
Operates as a California state-chartered community bank serving Korean-American and other multi-ethnic small and mid-market businesses across a nine-state footprint. Lending concentrates in commercial real estate, commercial and industrial credit, and Small Business Administration loans, supplemented by equipment lease financing.
Trade-finance letters of credit support import-export flows tied to Korean, Chinese, and Vietnamese business communities, a franchise the bank has run since the late 1980s. Deposits fund the loan book through checking, savings, money-market, and time-deposit accounts.
Grew from a single Los Angeles branch opened in 1982 into a multi-state network through a series of bank acquisitions. Branch density remains heaviest in California, with smaller clusters across Texas, the Northeast, and the Pacific Northwest.
Operates as a single reportable segment, with results tied to regional commercial real estate credit quality and community-bank regulatory oversight.
Company facts
Categories
Key statistics
Year to date +15.9% · Average volume (30d) 246.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 23, 2026 | DA Davidson | Reiterate | Neutral | $21 | $34 | |
| May 28, 2026 | Capital One Financial | Target | $32 | |||
| Apr 27, 2026 | Piper Sandler | Reiterate | Overweight | $34 | $35 | |
| Feb 2, 2026 | Piper Sandler | Reiterate | Overweight | $25.50 | $34 | |
| Dec 4, 2024 | Keefe, Bruyette & Woods | Downgrade | Outperform | Market Perform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 21, 2026Q2 FY26 | $0.77 | $0.79 | +2.9% | $74.0M | $72.2M | −2.5% | −3.30% |
| Apr 21, 2026Q1 FY26 | $0.71 | $0.75 | +5.6% | $71.4M | $71.7M | +0.5% | +7.14% |
| Jan 27, 2026Q4 FY25 | $0.71 | $0.70 | −1.4% | $71.4M | $71.2M | −0.3% | −12.97% |
| Oct 21, 2025Q3 FY25 | $0.66 | $0.73 | +10.6% | $71.4M | $71.0M | −0.6% | +8.22% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $107.0M | $109.4M | $115.1M | $112.9M | $102.2M | $55.6M | |
| Gross profit | $60.1M | $57.6M | $68.8M | $68.8M | $63.2M | $16.6M | |
| Operating income | $25.1M | $21.2M | $31.5M | $30.1M | $21.9M | −$17.0M | |
| Net income | $17.7M | $15.1M | $22.1M | $21.2M | $22.6M | $23.5M | |
| Diluted EPS | $0.58 | $0.50 | $0.73 | $0.70 | $0.75 | $0.79 | |
| Gross margin | 56.2% | 52.6% | 59.8% | 60.9% | 61.9% | 29.9% | |
| Operating margin | 23.5% | 19.4% | 27.3% | 26.7% | 21.5% | -30.5% |
Fiscal years (4-quarter sums)FY21 $256.8M · FY22 $308.0M · FY23 $397.6M · FY24 $429.5M · FY25 $444.4M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $1.23B · Total debt $130.8M · Total assets $8.00B · Shareholders' equity $812.7M
Dividends
Raised for 5 straight years — most recently to $0.28 from $0.27 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 3, 2026 | Aug 3 | Aug 19 | $0.28 | |
| May 4, 2026 | May 4 | May 20 | $0.28 | |
| Feb 9, 2026 | Feb 9 | Feb 26 | $0.28 | raised from $0.27 |
| Nov 4, 2025 | Nov 4 | Nov 20 | $0.27 | |
| Aug 4, 2025 | Aug 4 | Aug 20 | $0.27 | |
| May 5, 2025 | May 5 | May 21 | $0.27 | |
| Feb 10, 2025 | Feb 10 | Feb 26 | $0.27 | raised from $0.25 |
| Nov 4, 2024 | Nov 4 | Nov 20 | $0.25 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 29.77M · Float 28.76M · 96.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.39M | 14.74% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 1.79M | 6.00% | 13F | Aug 11, 2026 |
| State Street Corp | 1.58M | 5.29% | 13F | Aug 7, 2026 |
| LSV Asset Management | 1.33M | 4.48% | 13F | Aug 6, 2026 |
| Vanguard Capital Management LLC | 1.32M | 4.43% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 8, 2026 | Anthony I. Kim | officer: Chief Banking Officer | −5,333 | $30.73 |
| Apr 28, 2026 | Matthew Fuhr | officer: Chief Credit Officer | −3,300 | $30.83 |
| Nov 24, 2025 | Joseph Pangrazio | officer: Chief Accounting Officer | −486 | $27.41 |
| Oct 24, 2025 | Daniel John Medici | director | +200 | $27.11 |
Peers
- Bank of Hope
Largest Korean-American bank in the US, ~$18.7B assets, coast-to-coast reach
- PCB
Smaller LA-based Korean-American community bank holding company, Nasdaq-listed
- Preferred Bank
LA-based Chinese-American-oriented community bank in CRE and trade finance
- Cathay General Bancorp
Larger pan-Asian-American bank holding company with ~$24B in assets
- East West Bancorp
Largest pan-Asian-American bank, $80B+ assets, US-China trade finance leader
- RBB
Smaller LA-based pan-Asian-American community bank, ~$4.2B in assets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Hanmi Financial | $31.14 | +0.06% | $926.9M | 10.5 | 9.6 | 2.4 | +10.1% |
| Bank of Hope | $13.92 | 0.00% | $1.78B | 13.9 | 10.7 | 1.8 | +56.3% |
| PCB | $27.49 | −0.25% | $391.3M | 9.5 | 9.4 | 1.8 | +4.8% |
| Preferred Bank | $103.53 | +0.15% | $1.23B | 9.5 | 9.6 | 2.4 | +4.0% |
| Cathay General Bancorp | $61.87 | +0.03% | $4.15B | 12.1 | 10.8 | 3.0 | +12.5% |
| East West Bancorp | $129.44 | −0.02% | $17.73B | 12.4 | 11.9 | 3.8 | +12.5% |
| RBB | $26.28 | +0.06% | $445.0M | 10.8 | 11.1 | 1.8 | −7.6% |
| Median | 11.4 | 10.7 | 2.1 | +8.7% |