Analysts Issue Forecasts for Hanmi Financial FY2025 Earnings

Hanmi Financial Co. (NASDAQ:HAFC - Free Report) - Equities research analysts at DA Davidson lifted their FY2025 EPS estimates for Hanmi Financial in a report released on Thursday, April 24th. DA Davidson analyst G. Tenner now anticipates that the bank will earn $2.55 per share for the year, up from their prior estimate of $2.38. DA Davidson has a "Neutral" rating and a $27.50 price objective on the stock. The consensus estimate for Hanmi Financial's current full-year earnings is $2.60 per share. DA Davidson also issued estimates for Hanmi Financial's FY2026 earnings at $2.73 EPS.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last released its earnings results on Tuesday, April 22nd. The bank reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Hanmi Financial had a return on equity of 8.64% and a net margin of 14.45%. The business had revenue of $62.82 million during the quarter, compared to analysts' expectations of $63.45 million.

Hanmi Financial Stock Down 2.1 %

Hanmi Financial stock opened at $22.74 on Monday. The company has a market capitalization of $687.16 million, a PE ratio of 11.09 and a beta of 0.68. Hanmi Financial has a 12-month low of $14.95 and a 12-month high of $27.59. The firm's fifty day moving average is $22.28 and its 200 day moving average is $23.33. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.54.

Hanmi Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Monday, May 5th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date is Monday, May 5th. Hanmi Financial's payout ratio is 50.70%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in HAFC. Smartleaf Asset Management LLC increased its stake in Hanmi Financial by 227.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,076 shares of the bank's stock valued at $25,000 after purchasing an additional 747 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Hanmi Financial by 91.4% during the first quarter. GAMMA Investing LLC now owns 1,426 shares of the bank's stock worth $32,000 after acquiring an additional 681 shares in the last quarter. Curat Global LLC bought a new position in shares of Hanmi Financial in the first quarter valued at approximately $42,000. R Squared Ltd bought a new position in shares of Hanmi Financial during the fourth quarter valued at about $43,000. Finally, Versant Capital Management Inc grew its position in Hanmi Financial by 110.7% in the 4th quarter. Versant Capital Management Inc now owns 1,970 shares of the bank's stock worth $47,000 after purchasing an additional 1,035 shares in the last quarter. 88.66% of the stock is owned by institutional investors and hedge funds.

About Hanmi Financial

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.

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