Hanmi Financial (HAFC) Competitors

$16.65
+0.04 (+0.24%)
(As of 05/17/2024 08:53 PM ET)

HAFC vs. CAC, BDGE, FISI, FNLC, FLIC, ATLO, NKSH, SASR, HOPE, and WABC

Should you be buying Hanmi Financial stock or one of its competitors? The main competitors of Hanmi Financial include Camden National (CAC), Bridge Bancorp (BDGE), Financial Institutions (FISI), First Bancorp (FNLC), First of Long Island (FLIC), Ames National (ATLO), National Bankshares (NKSH), Sandy Spring Bancorp (SASR), Hope Bancorp (HOPE), and Westamerica Bancorporation (WABC). These companies are all part of the "regional banks" industry.

Hanmi Financial vs.

Camden National (NASDAQ:CAC) and Hanmi Financial (NASDAQ:HAFC) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, community ranking, valuation, media sentiment, dividends, profitability, analyst recommendations, institutional ownership and risk.

Hanmi Financial has a net margin of 17.63% compared to Hanmi Financial's net margin of 16.56%. Camden National's return on equity of 10.70% beat Hanmi Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Camden National16.56% 10.66% 0.89%
Hanmi Financial 17.63%10.70%0.98%

Camden National pays an annual dividend of $1.68 per share and has a dividend yield of 5.1%. Hanmi Financial pays an annual dividend of $1.00 per share and has a dividend yield of 6.0%. Camden National pays out 55.8% of its earnings in the form of a dividend. Hanmi Financial pays out 41.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Camden National has raised its dividend for 6 consecutive years and Hanmi Financial has raised its dividend for 3 consecutive years. Hanmi Financial is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Hanmi Financial had 2 more articles in the media than Camden National. MarketBeat recorded 4 mentions for Hanmi Financial and 2 mentions for Camden National. Camden National's average media sentiment score of 0.48 beat Hanmi Financial's score of 0.00 indicating that Hanmi Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Camden National
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hanmi Financial
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Hanmi Financial received 63 more outperform votes than Camden National when rated by MarketBeat users. However, 65.26% of users gave Camden National an outperform vote while only 56.30% of users gave Hanmi Financial an outperform vote.

CompanyUnderperformOutperform
Camden NationalOutperform Votes
263
65.26%
Underperform Votes
140
34.74%
Hanmi FinancialOutperform Votes
326
56.30%
Underperform Votes
253
43.70%

Hanmi Financial has a consensus price target of $17.50, suggesting a potential upside of 5.11%. Given Camden National's higher possible upside, analysts plainly believe Hanmi Financial is more favorable than Camden National.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Camden National
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Hanmi Financial
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Camden National has a beta of 0.74, suggesting that its share price is 26% less volatile than the S&P 500. Comparatively, Hanmi Financial has a beta of 0.93, suggesting that its share price is 7% less volatile than the S&P 500.

Hanmi Financial has higher revenue and earnings than Camden National. Hanmi Financial is trading at a lower price-to-earnings ratio than Camden National, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Camden National$257.28M1.88$43.38M$3.0111.03
Hanmi Financial$403.51M1.25$80.04M$2.406.94

77.4% of Camden National shares are held by institutional investors. Comparatively, 88.7% of Hanmi Financial shares are held by institutional investors. 1.9% of Camden National shares are held by company insiders. Comparatively, 1.6% of Hanmi Financial shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Hanmi Financial beats Camden National on 13 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HAFC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HAFC vs. The Competition

MetricHanmi FinancialNational commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$505.94M$18.79B$10.19B$7.98B
Dividend Yield6.01%3.83%5.85%3.91%
P/E Ratio6.9410.2137.0418.77
Price / Sales1.251.97142.3085.85
Price / Cash5.679.1016.0631.98
Price / Book0.721.083.164.64
Net Income$80.04M$2.30B$1.01B$217.28M
7 Day Performance3.16%1.54%1.73%2.90%
1 Month Performance9.47%4.93%4.64%6.66%
1 Year Performance13.27%20.47%19.77%9.89%

Hanmi Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAC
Camden National
2.6381 of 5 stars
$33.10
+2.4%
N/A+7.0%$483.59M$257.28M11.00600Positive News
BDGE
Bridge Bancorp
0 of 5 stars
$19.84
+0.5%
N/A+14.8%$392.04M$206.93M8.34496
FISI
Financial Institutions
2.7483 of 5 stars
$18.71
+0.1%
$20.67
+10.5%
+15.2%$289.07M$334.38M7.45624
FNLC
First Bancorp
3.0929 of 5 stars
$23.36
+0.3%
N/A+0.2%$260.23M$143.61M9.42271Positive News
FLIC
First of Long Island
3.1505 of 5 stars
$10.45
-0.3%
N/A-0.2%$235.33M$161.82M9.68288
ATLO
Ames National
1.6093 of 5 stars
$21.15
+2.3%
N/A+17.9%$190.14M$83.52M17.48254
NKSH
National Bankshares
2.5955 of 5 stars
$30.88
+2.1%
$31.00
+0.4%
+16.2%$181.88M$68.19M11.61225Earnings Report
Dividend Cut
SASR
Sandy Spring Bancorp
3.1175 of 5 stars
$23.08
+1.3%
$23.50
+1.8%
+15.0%$1.04B$403.79M11.311,112Positive News
HOPE
Hope Bancorp
4.3483 of 5 stars
$10.86
+0.4%
$11.83
+9.0%
+34.4%$1.31B$1.09B10.861,244
WABC
Westamerica Bancorporation
1.4322 of 5 stars
$49.30
-0.7%
$53.50
+8.5%
+31.6%$1.32B$327.54M8.33641Analyst Upgrade

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This page (NASDAQ:HAFC) was last updated on 5/20/2024 by MarketBeat.com Staff

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