Hanmi Financial (HAFC) Financials

$21.49 +0.09 (+0.42%)

Closing price 04/17/2025 04:00 PM Eastern

Extended Trading

$21.49 0.00 (0.00%)

As of 04/17/2025 04:05 PM Eastern

Annual Income Statements for Hanmi Financial

This table shows Hanmi Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	101	80	62
Consolidated Net Income / (Loss)	101	80	62
Net Income / (Loss) Continuing Operations	101	80	62
Total Pre-Tax Income	141	115	89
Total Revenue	272	255	234
Net Interest Income / (Expense)	238	221	203
Total Interest Income	274	369	399
Loans and Leases Interest Income	259	341	368
Investment Securities Interest Income	12	17	22
Deposits and Money Market Investments Interest Income	2.56	11	9.61
Total Interest Expense	36	148	196
Deposits Interest Expense	26	135	183
Short-Term Borrowings Interest Expense	2.25	6.87	6.75
Long-Term Debt Interest Expense	7.98	6.48	6.57
Total Non-Interest Income	34	34	32
Service Charges on Deposit Accounts	11	10	9.38
Other Service Charges	13	20	15
Net Realized & Unrealized Capital Gains on Investments	9.48	3.83	7.58
Provision for Credit Losses	0.84	4.34	4.42
Total Non-Interest Expense	130	137	141
Salaries and Employee Benefits	76	81	83
Net Occupancy & Equipment Expense	31	32	33
Marketing Expense	3.64	3.11	3.03
Other Operating Expenses	20	20	22
Income Tax Expense	39	35	26
Basic Earnings per Share	$3.33	$2.63	$2.06
Weighted Average Basic Shares Outstanding	30.30M	30.27M	30.02M
Diluted Earnings per Share	$3.32	$2.62	$2.05
Weighted Average Diluted Shares Outstanding	30.39M	30.33M	30.10M
Weighted Average Basic & Diluted Shares Outstanding	30.50M	30.27M	30.20M
Cash Dividends to Common per Share	$0.94	$1.00	$1.00

This table shows Hanmi Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	27	28	22	21	19	19	15	14	15	18
Consolidated Net Income / (Loss)	27	28	22	21	19	19	15	14	15	18
Net Income / (Loss) Continuing Operations	27	28	22	21	19	19	15	14	15	18
Total Pre-Tax Income	38	38	31	29	27	27	22	20	21	25
Total Revenue	72	72	66	63	66	60	58	57	58	61
Net Interest Income / (Expense)	63	65	58	55	55	53	51	49	50	53
Total Interest Income	71	82	87	91	94	97	100	99	100	100
Loans and Leases Interest Income	67	77	81	84	86	90	92	91	93	92
Investment Securities Interest Income	3.27	3.63	4.03	4.13	4.20	4.58	4.96	5.24	5.52	5.87
Deposits and Money Market Investments Interest Income	0.96	1.19	2.07	2.79	4.15	2.34	2.60	2.31	2.36	2.34
Total Interest Expense	8.36	18	29	35	39	44	49	50	50	47
Deposits Interest Expense	6.57	15	25	32	37	40	46	46	47	43
Short-Term Borrowings Interest Expense	0.35	1.19	2.37	1.63	0.75	2.11	1.66	1.90	1.56	1.63
Long-Term Debt Interest Expense	1.45	1.58	1.58	1.60	1.65	1.65	1.65	1.65	1.65	1.62
Total Non-Interest Income	8.91	7.46	8.34	7.94	11	6.68	7.73	8.06	8.44	7.36
Service Charges on Deposit Accounts	3.00	2.74	2.58	2.57	2.61	2.39	2.45	2.43	2.31	2.19
Other Service Charges	3.67	2.78	3.89	4.15	7.45	4.71	3.80	3.98	4.26	2.58
Net Realized & Unrealized Capital Gains on Investments	2.25	1.93	1.87	1.21	1.17	-0.42	1.48	1.64	1.87	2.59
Provision for Credit Losses	0.56	0.05	2.13	-0.08	5.15	-2.87	0.23	0.96	2.29	0.95
Total Non-Interest Expense	33	34	33	34	34	35	36	35	35	35
Salaries and Employee Benefits	19	20	21	20	20	20	22	20	21	20
Net Occupancy & Equipment Expense	8.09	7.10	7.67	7.97	8.32	8.09	8.09	8.29	8.34	8.30
Marketing Expense	1.19	0.97	0.83	0.75	0.53	0.99	0.91	0.67	0.63	0.82
Other Operating Expenses	4.64	5.49	3.68	5.20	5.04	6.07	5.87	5.88	5.26	4.91
Income Tax Expense	11	9.64	9.27	8.53	7.89	8.84	6.55	5.99	6.23	7.63
Basic Earnings per Share	$0.89	$0.94	$0.72	$0.68	$0.62	$0.61	$0.50	$0.48	$0.49	$0.59
Weighted Average Basic Shares Outstanding	30.31M	30.30M	30.35M	30.32M	30.25M	30.27M	30.12M	30.06M	29.97M	30.02M
Diluted Earnings per Share	$0.89	$0.93	$0.72	$0.67	$0.62	$0.61	$0.50	$0.48	$0.49	$0.58
Weighted Average Diluted Shares Outstanding	30.40M	30.39M	30.43M	30.39M	30.29M	30.33M	30.12M	30.13M	30.03M	30.10M
Weighted Average Basic & Diluted Shares Outstanding	30.49M	30.50M	30.55M	30.48M	30.39M	30.27M	30.39M	30.27M	30.20M	30.20M

This table details how cash moves in and out of Hanmi Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-257	-50	2.48
Net Cash From Operating Activities	147	108	54
Net Cash From Continuing Operating Activities	147	108	54
Net Income / (Loss) Continuing Operations	101	80	62
Consolidated Net Income / (Loss)	101	80	62
Depreciation Expense	12	6.79	6.46
Amortization Expense	2.67	2.46	2.75
Non-Cash Adjustments to Reconcile Net Income	8.46	-2.69	3.64
Changes in Operating Assets and Liabilities, net	22	21	-21
Net Cash From Investing Activities	-882	-210	-107
Net Cash From Continuing Investing Activities	-882	-210	-107
Purchase of Investment Securities	-988	-331	-274
Sale and/or Maturity of Investments	107	121	167
Net Cash From Financing Activities	478	52	56
Net Cash From Continuing Financing Activities	478	52	56
Net Change in Deposits	382	113	155
Issuance of Debt	0.00	-25	63
Repayment of Debt	125	0.00	-125
Repurchase of Common Equity	0.00	-4.08	-6.31
Payment of Dividends	-29	-31	-30
Other Financing Activities, Net	-0.71	-0.79	-0.00
Cash Interest Paid	30	117	200
Cash Income Taxes Paid	13	17	42

This table details how cash moves in and out of Hanmi Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	58	77	34	-41	-56	13	-46	57	-25	17
Net Cash From Operating Activities	50	47	36	34	29	8.19	30	2.05	5.57	16
Net Cash From Continuing Operating Activities	50	47	36	34	29	8.19	30	2.05	5.57	16
Net Income / (Loss) Continuing Operations	27	28	22	21	19	19	15	14	15	18
Consolidated Net Income / (Loss)	27	28	22	21	19	19	15	14	15	18
Depreciation Expense	0.85	1.95	1.74	1.73	1.69	1.64	1.60	1.61	1.63	1.62
Amortization Expense	0.76	0.64	0.63	0.59	0.59	0.64	0.69	0.67	0.61	0.77
Non-Cash Adjustments to Reconcile Net Income	9.46	3.24	6.28	-2.40	0.28	-6.86	7.70	-5.10	-20	21
Changes in Operating Assets and Liabilities, net	11	13	5.48	13	8.12	-5.87	4.83	-9.58	8.89	-25
Net Cash From Investing Activities	-161	-179	-27	44	-57	-170	-9.49	-7.94	-103	13
Net Cash From Continuing Investing Activities	-161	-179	-27	44	-57	-170	-9.49	-7.94	-103	13
Purchase of Investment Securities	-186	-201	-45	9.13	-94	-202	-66	-60	-153	5.56
Sale and/or Maturity of Investments	25	22	17	35	37	32	57	53	50	7.64
Net Cash From Financing Activities	169	209	25	-119	-28	175	-67	63	72	-13
Net Cash From Continuing Financing Activities	169	209	25	-119	-28	175	-67	63	72	-13
Net Change in Deposits	222	-33	33	115	-56	21	95	-47	74	33
Issuance of Debt	-45	38	0.00	-225	88	113	-153	120	83	13
Repayment of Debt	-	213	0.00	-	-50	50	0.00	-	-75	-50
Repurchase of Common Equity	-	-	0.00	-1.44	-1.90	-0.74	-1.59	-2.73	-1.43	-0.55
Payment of Dividends	-7.62	-7.62	-7.62	-7.63	-7.69	-7.59	-7.69	-7.59	-7.57	-7.54
Other Financing Activities, Net	-0.12	-0.02	-0.30	-0.08	-0.40	-0.01	-0.49	-0.03	-0.02	0.54
Cash Interest Paid	7.17	12	17	21	24	55	50	40	45	64
Cash Income Taxes Paid	2.23	0.00	0.33	9.66	6.15	0.39	0.18	22	-20	39

This table presents Hanmi Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	7,378	7,570	7,678
Cash and Due from Banks	352	302	305
Trading Account Securities	854	866	906
Loans and Leases, Net of Allowance	5,896	0.00	0.00
Loans Held for Sale	8.04	12	8.58
Customer and Other Receivables	0.33	0.63	1.23
Premises and Equipment, Net	23	22	21
Intangible Assets	11	11	11
Other Assets	234	6,357	6,425
Total Liabilities & Shareholders' Equity	7,378	7,570	7,678
Total Liabilities	6,741	6,868	6,946
Non-Interest Bearing Deposits	2,540	2,004	2,097
Interest Bearing Deposits	3,628	4,277	4,339
Bankers Acceptance Outstanding	0.33	0.63	1.23
Accrued Interest Payable	7.79	39	35
Long-Term Debt	479	455	393
Other Long-Term Liabilities	85	93	81
Total Equity & Noncontrolling Interests	638	702	732
Total Preferred & Common Equity	638	702	732
Preferred Stock	0.00	0.00	0.00
Total Common Equity	638	702	732
Common Stock	583	587	591
Retained Earnings	270	319	351
Treasury Stock	-126	-132	-139
Accumulated Other Comprehensive Income / (Loss)	-89	-72	-71

This table presents Hanmi Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	7,129	7,434	7,345	7,350	7,512	7,586	7,712
Cash and Due from Banks	275	386	345	289	256	313	288
Trading Account Securities	830	879	837	817	872	878	909
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Loans Held for Sale	10	3.65	7.29	12	4.00	10	54
Customer and Other Receivables	0.20	0.04	1.69	1.39	0.16	0.55	0.07
Premises and Equipment, Net	24	23	23	21	22	22	21
Intangible Assets	11	11	11	11	11	11	11
Other Assets	5,978	6,132	6,120	6,199	6,347	6,352	6,429
Total Liabilities & Shareholders' Equity	7,129	7,434	7,345	7,350	7,512	7,586	7,712
Total Liabilities	6,520	6,772	6,676	6,687	6,809	6,879	6,976
Non-Interest Bearing Deposits	2,771	2,334	2,206	2,161	1,933	1,960	2,052
Interest Bearing Deposits	3,430	3,867	4,110	4,099	4,443	4,369	4,351
Bankers Acceptance Outstanding	0.20	0.04	1.69	1.39	0.16	0.55	0.07
Accrued Interest Payable	2.18	21	35	50	38	48	53
Long-Term Debt	229	480	255	292	303	423	430
Other Long-Term Liabilities	87	71	70	83	92	79	89
Total Equity & Noncontrolling Interests	609	662	669	663	703	707	737
Total Preferred & Common Equity	609	662	669	663	703	707	737
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	609	662	669	663	703	707	737
Common Stock	583	585	585	586	588	589	590
Retained Earnings	249	284	297	308	327	333	341
Treasury Stock	-126	-128	-129	-131	-134	-137	-138
Accumulated Other Comprehensive Income / (Loss)	-96	-79	-85	-99	-77	-78	-55

This table displays calculated financial ratios and metrics derived from Hanmi Financial's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	15.41%	-6.03%	-8.26%
EBITDA Growth	2.77%	-20.51%	-21.01%
EBIT Growth	3.86%	-18.58%	-22.67%
NOPAT Growth	2.75%	-21.06%	-22.29%
Net Income Growth	2.75%	-21.06%	-22.29%
EPS Growth	3.11%	-21.08%	-21.76%
Operating Cash Flow Growth	57.16%	-26.82%	-49.96%
Free Cash Flow Firm Growth	61.73%	304.33%	134.12%
Invested Capital Growth	12.15%	3.58%	-2.73%
Revenue Q/Q Growth	5.11%	-4.56%	0.42%
EBITDA Q/Q Growth	-1.25%	-8.13%	-2.05%
EBIT Q/Q Growth	-3.42%	-8.50%	-2.37%
NOPAT Q/Q Growth	-4.57%	-10.95%	-1.49%
Net Income Q/Q Growth	-4.57%	-10.95%	-1.49%
EPS Q/Q Growth	-4.87%	-10.88%	-1.44%
Operating Cash Flow Q/Q Growth	14.50%	-26.43%	17.78%
Free Cash Flow Firm Q/Q Growth	-108.19%	244.74%	163.23%
Invested Capital Q/Q Growth	33.26%	21.05%	-3.59%
Profitability Metrics	-	-	-
EBITDA Margin	57.31%	48.48%	41.74%
EBIT Margin	51.77%	44.85%	37.81%
Profit (Net Income) Margin	37.30%	31.33%	26.54%
Tax Burden Percent	72.05%	69.86%	70.20%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	27.95%	30.14%	29.80%
Return on Invested Capital (ROIC)	9.60%	7.04%	5.45%
ROIC Less NNEP Spread (ROIC-NNEP)	9.60%	7.04%	5.45%
Return on Net Nonoperating Assets (RNNOA)	6.23%	4.91%	3.22%
Return on Equity (ROE)	15.83%	11.95%	8.67%
Cash Return on Invested Capital (CROIC)	-1.86%	3.52%	8.22%
Operating Return on Assets (OROA)	1.98%	1.53%	1.16%
Return on Assets (ROA)	1.42%	1.07%	0.82%
Return on Common Equity (ROCE)	15.83%	11.95%	8.67%
Return on Equity Simple (ROE_SIMPLE)	15.90%	11.40%	8.50%
Net Operating Profit after Tax (NOPAT)	101	80	62
NOPAT Margin	37.30%	31.33%	26.54%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	40.67%	45.62%	50.96%
Operating Expenses to Revenue	47.93%	53.45%	60.31%
Earnings before Interest and Taxes (EBIT)	141	115	89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	156	124	98
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.05	0.79	0.96
Price to Tangible Book Value (P/TBV)	1.06	0.80	0.98
Price to Revenue (P/Rev)	2.45	2.16	3.01
Price to Earnings (P/E)	6.57	6.89	11.34
Dividend Yield	4.30%	5.51%	4.28%
Earnings Yield	15.21%	14.51%	8.82%
Enterprise Value to Invested Capital (EV/IC)	0.71	0.61	0.71
Enterprise Value to Revenue (EV/Rev)	2.92	2.76	3.39
Enterprise Value to EBITDA (EV/EBITDA)	5.09	5.69	8.11
Enterprise Value to EBIT (EV/EBIT)	5.64	6.15	8.96
Enterprise Value to NOPAT (EV/NOPAT)	7.83	8.80	12.76
Enterprise Value to Operating Cash Flow (EV/OCF)	5.39	6.53	14.71
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	17.58	8.46
Leverage & Solvency	-	-	-
Debt to Equity	0.75	0.65	0.54
Long-Term Debt to Equity	0.75	0.65	0.54
Financial Leverage	0.65	0.70	0.59
Leverage Ratio	11.11	11.16	10.63
Compound Leverage Factor	11.11	11.16	10.63
Debt to Total Capital	42.92%	39.33%	34.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	42.92%	39.33%	34.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.08%	60.67%	65.06%
Debt to EBITDA	3.08	3.67	4.02
Net Debt to EBITDA	0.82	1.23	0.90
Long-Term Debt to EBITDA	3.08	3.67	4.02
Debt to NOPAT	4.73	5.68	6.32
Net Debt to NOPAT	1.25	1.91	1.42
Long-Term Debt to NOPAT	4.73	5.68	6.32
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-20	40	94
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-0.54	0.27	0.48
Operating Cash Flow to Interest Expense	4.07	0.73	0.28
Operating Cash Flow Less CapEx to Interest Expense	4.07	0.73	0.28
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.03	0.03
Fixed Asset Turnover	11.41	11.40	10.81
Capital & Investment Metrics	-	-	-
Invested Capital	1,117	1,157	1,125
Invested Capital Turnover	0.26	0.22	0.21
Increase / (Decrease) in Invested Capital	121	40	-32
Enterprise Value (EV)	793	704	794
Market Capitalization	666	552	705
Book Value per Share	$20.91	$23.09	$24.25
Tangible Book Value per Share	$20.54	$22.73	$23.88
Total Capital	1,117	1,157	1,125
Total Debt	479	455	393
Total Long-Term Debt	479	455	393
Net Debt	127	153	88
Capital Expenditures (CapEx)	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	479	455	393
Total Depreciation and Amortization (D&A)	15	9.25	9.21
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$3.33	$2.63	$2.06
Adjusted Weighted Average Basic Shares Outstanding	30.30M	30.27M	30.02M
Adjusted Diluted Earnings per Share	$3.32	$2.62	$2.05
Adjusted Weighted Average Diluted Shares Outstanding	30.39M	30.33M	30.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.50M	30.27M	30.20M
Normalized Net Operating Profit after Tax (NOPAT)	101	80	62
Normalized NOPAT Margin	37.30%	31.33%	26.54%
Pre Tax Income Margin	51.77%	44.85%	37.81%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	3.89	0.77	0.45
NOPAT to Interest Expense	2.80	0.54	0.32
EBIT Less CapEx to Interest Expense	3.89	0.77	0.45
NOPAT Less CapEx to Interest Expense	2.80	0.54	0.32
Payout Ratios	-	-	-
Dividend Payout Ratio	28.24%	38.15%	48.84%
Augmented Payout Ratio	28.24%	43.25%	58.99%

This table displays calculated financial ratios and metrics derived from Hanmi Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.22%	22.50%	11.29%	-7.31%	-8.22%	-16.93%	-11.79%	-10.54%	-11.49%	1.64%
EBITDA Growth	-4.59%	-8.95%	-5.84%	-20.48%	-27.18%	-26.91%	-28.62%	-27.79%	-19.31%	-6.88%
EBIT Growth	2.53%	-11.56%	7.22%	-17.37%	-30.08%	-27.92%	-30.54%	-29.89%	-20.84%	-7.83%
NOPAT Growth	2.27%	-14.55%	6.26%	-17.68%	-30.82%	-34.57%	-31.04%	-29.92%	-20.77%	-5.04%
Net Income Growth	2.27%	-14.55%	6.26%	-17.68%	-30.82%	-34.57%	-31.04%	-29.92%	-20.77%	-5.04%
EPS Growth	3.49%	-15.45%	5.88%	-18.29%	-30.34%	-34.41%	-30.56%	-28.36%	-20.97%	-4.92%
Operating Cash Flow Growth	176.23%	66.00%	79.44%	11.30%	-40.70%	-82.54%	-17.01%	-93.97%	-81.09%	99.43%
Free Cash Flow Firm Growth	242.20%	20.63%	-6,366.73%	-310.64%	-161.57%	76.93%	161.86%	-1,776.73%	-99.03%	330.90%
Invested Capital Growth	-13.72%	12.15%	30.42%	3.46%	14.03%	3.58%	-11.91%	22.38%	22.13%	-2.73%
Revenue Q/Q Growth	5.33%	0.02%	-8.09%	-4.28%	4.30%	-9.48%	-2.40%	-2.93%	3.20%	3.96%
EBITDA Q/Q Growth	0.50%	2.38%	-17.38%	-6.46%	-7.97%	2.76%	-19.31%	-5.38%	2.85%	18.58%
EBIT Q/Q Growth	8.16%	-0.10%	-17.99%	-6.75%	-8.47%	2.98%	-20.97%	-5.88%	3.34%	19.90%
NOPAT Q/Q Growth	8.46%	4.83%	-22.78%	-6.23%	-8.85%	-0.86%	-18.62%	-4.70%	3.05%	18.82%
Net Income Q/Q Growth	8.46%	4.83%	-22.78%	-6.23%	-8.85%	-0.86%	-18.62%	-4.70%	3.05%	18.82%
EPS Q/Q Growth	8.54%	4.49%	-22.58%	-6.94%	-7.46%	-1.61%	-18.03%	-4.00%	2.08%	18.37%
Operating Cash Flow Q/Q Growth	62.70%	-5.61%	-23.00%	-5.88%	-13.31%	-72.21%	266.00%	-93.16%	171.77%	193.09%
Free Cash Flow Firm Q/Q Growth	3,200.02%	-157.68%	-164.06%	95.81%	-864.64%	78.39%	808.00%	-227.15%	-2.30%	125.07%
Invested Capital Q/Q Growth	-6.08%	33.26%	2.22%	-19.13%	3.51%	21.05%	-13.06%	12.34%	3.30%	-3.59%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	55.23%	56.54%	50.83%	49.67%	43.83%	49.75%	41.13%	40.09%	39.96%	45.58%
EBIT Margin	53.00%	52.94%	47.24%	46.02%	40.38%	45.93%	37.19%	36.06%	36.11%	41.65%
Profit (Net Income) Margin	37.73%	39.55%	33.22%	32.55%	28.44%	31.15%	25.97%	25.50%	25.46%	29.10%
Tax Burden Percent	71.19%	74.71%	70.34%	70.73%	70.44%	67.81%	69.83%	70.70%	70.50%	69.87%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	28.81%	25.29%	29.66%	29.27%	29.56%	32.19%	30.17%	29.30%	29.50%	30.14%
Return on Invested Capital (ROIC)	10.79%	10.18%	9.18%	9.81%	8.49%	7.00%	5.99%	5.99%	5.60%	5.98%
ROIC Less NNEP Spread (ROIC-NNEP)	10.79%	10.18%	9.18%	9.81%	8.49%	7.00%	5.99%	5.99%	5.60%	5.98%
Return on Net Nonoperating Assets (RNNOA)	5.11%	6.61%	5.24%	4.03%	3.48%	4.88%	3.43%	2.95%	2.89%	3.53%
Return on Equity (ROE)	15.89%	16.79%	14.42%	13.84%	11.97%	11.88%	9.42%	8.93%	8.49%	9.51%
Cash Return on Invested Capital (CROIC)	26.47%	-1.86%	-16.22%	7.42%	-3.09%	3.52%	19.48%	-13.60%	-13.97%	8.22%
Operating Return on Assets (OROA)	1.97%	2.02%	1.86%	1.76%	1.49%	1.57%	1.23%	1.16%	1.12%	1.28%
Return on Assets (ROA)	1.40%	1.51%	1.31%	1.25%	1.05%	1.06%	0.86%	0.82%	0.79%	0.89%
Return on Common Equity (ROCE)	15.89%	16.79%	14.42%	13.84%	11.97%	11.88%	9.42%	8.93%	8.49%	9.51%
Return on Equity Simple (ROE_SIMPLE)	17.45%	0.00%	15.51%	14.70%	13.55%	0.00%	10.41%	9.48%	8.57%	0.00%
Net Operating Profit after Tax (NOPAT)	27	28	22	21	19	19	15	14	15	18
NOPAT Margin	37.73%	39.55%	33.22%	32.55%	28.44%	31.15%	25.97%	25.50%	25.46%	29.10%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	39.78%	39.37%	43.98%	45.90%	44.20%	48.72%	52.37%	51.87%	50.98%	48.72%
Operating Expenses to Revenue	46.22%	46.99%	49.54%	54.11%	51.82%	58.86%	62.42%	62.24%	59.98%	56.79%
Earnings before Interest and Taxes (EBIT)	38	38	31	29	27	27	22	20	21	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	40	41	34	31	29	30	24	23	23	28
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.06	1.05	0.78	0.63	0.69	0.79	0.67	0.71	0.76	0.96
Price to Tangible Book Value (P/TBV)	1.08	1.06	0.79	0.64	0.71	0.80	0.68	0.72	0.77	0.98
Price to Revenue (P/Rev)	2.50	2.45	1.86	1.55	1.72	2.16	1.89	2.08	2.39	3.01
Price to Earnings (P/E)	6.08	6.57	5.03	4.31	5.12	6.89	6.39	7.48	8.82	11.34
Dividend Yield	4.20%	4.30%	5.72%	7.21%	6.62%	5.51%	6.47%	6.06%	5.44%	4.28%
Earnings Yield	16.46%	15.21%	19.87%	23.19%	19.52%	14.51%	15.64%	13.37%	11.34%	8.82%
Enterprise Value to Invested Capital (EV/IC)	0.72	0.71	0.53	0.36	0.49	0.61	0.51	0.54	0.60	0.71
Enterprise Value to Revenue (EV/Rev)	2.32	2.92	2.19	1.22	1.73	2.76	2.08	2.54	3.00	3.39
Enterprise Value to EBITDA (EV/EBITDA)	3.80	5.09	3.97	2.29	3.44	5.69	4.51	5.79	7.01	8.11
Enterprise Value to EBIT (EV/EBIT)	4.11	5.64	4.27	2.44	3.70	6.15	4.90	6.34	7.71	8.96
Enterprise Value to NOPAT (EV/NOPAT)	5.64	7.83	5.94	3.39	5.16	8.80	7.03	9.11	11.08	12.76
Enterprise Value to Operating Cash Flow (EV/OCF)	4.66	5.39	3.74	2.00	3.17	6.53	5.06	8.77	15.27	14.71
Enterprise Value to Free Cash Flow (EV/FCFF)	2.50	0.00	0.00	4.95	0.00	17.58	2.46	0.00	0.00	8.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.38	0.75	0.72	0.38	0.44	0.65	0.43	0.60	0.58	0.54
Long-Term Debt to Equity	0.38	0.75	0.72	0.38	0.44	0.65	0.43	0.60	0.58	0.54
Financial Leverage	0.47	0.65	0.57	0.41	0.41	0.70	0.57	0.49	0.52	0.59
Leverage Ratio	11.32	11.11	11.04	11.11	11.38	11.16	10.95	10.85	10.76	10.63
Compound Leverage Factor	11.32	11.11	11.04	11.11	11.38	11.16	10.95	10.85	10.76	10.63
Debt to Total Capital	27.35%	42.92%	42.00%	27.59%	30.59%	39.33%	30.09%	37.42%	36.88%	34.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	27.35%	42.92%	42.00%	27.59%	30.59%	39.33%	30.09%	37.42%	36.88%	34.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	72.65%	57.08%	58.00%	72.41%	69.41%	60.67%	69.91%	62.58%	63.12%	65.06%
Debt to EBITDA	1.45	3.08	3.12	1.75	2.17	3.67	2.65	4.01	4.31	4.02
Net Debt to EBITDA	-0.29	0.82	0.61	-0.62	0.02	1.23	0.41	1.04	1.43	0.90
Long-Term Debt to EBITDA	1.45	3.08	3.12	1.75	2.17	3.67	2.65	4.01	4.31	4.02
Debt to NOPAT	2.16	4.73	4.67	2.59	3.25	5.68	4.13	6.31	6.82	6.32
Net Debt to NOPAT	-0.43	1.25	0.91	-0.92	0.04	1.91	0.64	1.64	2.26	1.42
Long-Term Debt to NOPAT	2.16	4.73	4.67	2.59	3.25	5.68	4.13	6.31	6.82	6.32
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	160	-93	-244	-10	-99	-21	151	-192	-197	49
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	19.18	-5.23	-8.30	-0.29	-2.52	-0.48	3.09	-3.84	-3.90	1.06
Operating Cash Flow to Interest Expense	5.94	2.65	1.23	0.96	0.75	0.19	0.61	0.04	0.11	0.35
Operating Cash Flow Less CapEx to Interest Expense	5.94	2.65	1.23	0.96	0.75	0.19	0.61	0.04	0.11	0.35
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	10.52	11.41	11.84	11.63	12.08	11.40	11.11	10.76	11.09	10.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	838	1,117	1,142	923	956	1,157	1,006	1,130	1,167	1,125
Invested Capital Turnover	0.29	0.26	0.28	0.30	0.30	0.22	0.23	0.23	0.22	0.21
Increase / (Decrease) in Invested Capital	-133	121	266	31	118	40	-136	207	211	-32
Enterprise Value (EV)	600	793	610	333	464	704	515	611	700	794
Market Capitalization	645	666	517	424	461	552	468	501	557	705
Book Value per Share	$19.97	$20.91	$21.71	$21.89	$21.77	$23.09	$23.23	$23.27	$24.34	$24.25
Tangible Book Value per Share	$19.60	$20.54	$21.35	$21.52	$21.40	$22.73	$22.86	$22.90	$23.97	$23.88
Total Capital	838	1,117	1,142	923	956	1,157	1,006	1,130	1,167	1,125
Total Debt	229	479	480	255	292	455	303	423	430	393
Total Long-Term Debt	229	479	480	255	292	455	303	423	430	393
Net Debt	-46	127	93	-90	3.35	153	47	110	143	88
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	229	479	480	255	292	455	303	423	430	393
Total Depreciation and Amortization (D&A)	1.61	2.59	2.38	2.31	2.28	2.28	2.30	2.28	2.25	2.39
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.89	$0.94	$0.72	$0.68	$0.62	$0.61	$0.50	$0.48	$0.49	$0.59
Adjusted Weighted Average Basic Shares Outstanding	30.31M	30.30M	30.35M	30.32M	30.25M	30.27M	30.12M	30.06M	29.97M	30.02M
Adjusted Diluted Earnings per Share	$0.89	$0.93	$0.72	$0.67	$0.62	$0.61	$0.50	$0.48	$0.49	$0.58
Adjusted Weighted Average Diluted Shares Outstanding	30.40M	30.39M	30.43M	30.39M	30.29M	30.33M	30.12M	30.13M	30.03M	30.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.49M	30.50M	30.55M	30.48M	30.39M	30.27M	30.39M	30.27M	30.20M	30.20M
Normalized Net Operating Profit after Tax (NOPAT)	27	28	22	21	19	19	15	14	15	18
Normalized NOPAT Margin	37.73%	39.55%	33.22%	32.55%	28.44%	31.15%	25.97%	25.50%	25.46%	29.10%
Pre Tax Income Margin	53.00%	52.94%	47.24%	46.02%	40.38%	45.93%	37.19%	36.06%	36.11%	41.65%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.56	2.16	1.06	0.82	0.68	0.62	0.44	0.41	0.42	0.54
NOPAT to Interest Expense	3.25	1.61	0.75	0.58	0.48	0.42	0.31	0.29	0.30	0.38
EBIT Less CapEx to Interest Expense	4.56	2.16	1.06	0.82	0.68	0.62	0.44	0.41	0.42	0.54
NOPAT Less CapEx to Interest Expense	3.25	1.61	0.75	0.58	0.48	0.42	0.31	0.29	0.30	0.38
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.50%	28.24%	28.79%	31.04%	34.00%	38.15%	41.79%	45.57%	48.19%	48.84%
Augmented Payout Ratio	25.78%	28.24%	28.79%	32.50%	37.72%	43.25%	49.55%	55.96%	58.48%	58.99%

Frequently Asked Questions About Hanmi Financial's Financials

When does Hanmi Financial's fiscal year end?

According to the most recent income statement we have on file, Hanmi Financial's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Hanmi Financial's net income changed over the last 2 years?

Hanmi Financial's net income appears to be on a downward trend, with a most recent value of $62.20 million in 2024, falling from $101.39 million in 2022. The previous period was $80.04 million in 2023.

How has Hanmi Financial revenue changed over the last 2 years?

Over the last 2 years, Hanmi Financial's total revenue changed from $271.85 million in 2022 to $234.36 million in 2024, a change of -13.8%.

How much debt does Hanmi Financial have?

Hanmi Financial's total liabilities were at $6.95 billion at the end of 2024, a 1.1% increase from 2023, and a 3.0% increase since 2022.

How much cash does Hanmi Financial have?

In the past 2 years, Hanmi Financial's cash and equivalents has ranged from $302.32 million in 2023 to $352.42 million in 2022, and is currently $304.80 million as of their latest financial filing in 2024.

How has Hanmi Financial's book value per share changed over the last 2 years?

Over the last 2 years, Hanmi Financial's book value per share changed from 20.91 in 2022 to 24.25 in 2024, a change of 15.9%.

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This page (NASDAQ:HAFC) was last updated on 4/19/2025 by MarketBeat.com Staff

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Hanmi Financial (HAFC) Financials

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Hanmi Financial (HAFC) Financials

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