According to the issued ratings of 2 analysts in the last year, the consensus rating for Hanmi Financial stock is Moderate Buy based on the current 1 hold rating and 1 buy rating for HAFC. The average twelve-month price prediction for Hanmi Financial is $27.00 with a high price target of $29.00 and a low price target of $25.00.
Should I buy or sell Hanmi Financial stock right now?
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last twelve months. There are cur...
What is Hanmi Financial's stock price forecast for 2022?
2 Wall Street analysts have issued 1 year target prices for Hanmi Financial's shares. Their forecasts range from $25.00 to $29.00. On average, they...
How has Hanmi Financial's stock performed in 2022?
Hanmi Financial's stock was trading at $23.68 at the beginning of 2022. Since then, HAFC shares have decreased by 6.8% and is now trading at $22.08...
When is Hanmi Financial's next earnings date?
Hanmi Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022. View our earnings forecast for Hanmi...
How were Hanmi Financial's earnings last quarter?
Hanmi Financial Co. (NASDAQ:HAFC) announced its quarterly earnings data on Tuesday, April, 26th. The bank reported $0.68 earnings per share (EPS) f...
How often does Hanmi Financial pay dividends? What is the dividend yield for Hanmi Financial?
Hanmi Financial announced a quarterly dividend on Saturday, April 30th. Stockholders of record on Monday, May 9th will be paid a dividend of $0.22...
Is Hanmi Financial a good dividend stock?
Hanmi Financial(NASDAQ:HAFC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.99%. HAFC has a dividend yield high...
Who are Hanmi Financial's key executives?
Hanmi Financial's management team includes the following people: Ms. Bonita I. Lee , Pres, CEO & Director (Age 59, Pay $1.34M) Mr. Romolo C. San...
What is Jay S. Yoo's approval rating as Hanmi Financial's CEO?
15 employees have rated Hanmi Financial CEO Jay S. Yoo on Glassdoor.com . Jay S. Yoo has an approval rating of 37% among Hanmi Financial's employe...
How much does Hanmi Financial make?
Hanmi Financial has a market capitalization of $536.86 million and generates $266.97 million in revenue each year. The bank earns $42.20 million in net income (profit) each year or $1.38 on an earnings per share basis.
Is Hanmi Financial a hold?
Wall Street analysts have given Hanmi Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains.
When will Hanmi report results?
LOS ANGELES, April 13, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report first quarter 2021 financial results at the market close on Tuesday, April 27, 2021. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. Investment professionals and all current and prospective shareholders are invited to access the live call on April 27, 2021 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code HANMI. To listen to the call online, either live or archived, visit the Investor Relations page of Hanmi's website at www.hanmi.com. About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 35 full-service branches and 9 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com. Contact: Romolo (Ron) SantarosaSenior Executive Vice President & Chief Financial Officer213-427-5636 Lasse GlassenInvestor RelationsAddo Investor Relations310-829-5400
How much is noninterest income in 2021?
First quarter of 2021 noninterest income increased to $9.8 million from $8.8 million for the fourth quarter of 2020, primarily due to a $2.5 million gain on the sale of $108.6 million second draw PPP loans at a net premium to carrying value of 2.35%.
How much was the special mention loan in 2021?
The March 31, 2021 balance of special mention loans included $72.0 million of loans adversely affected by the pandemic. Classified loans were $147.4 million at March 31, 2021 compared with $140.2 million at the end of the fourth quarter.
What is nonperforming assets in 2021?
Nonperforming assets were $56.6 million at the end of the first quarter of 2021, or 0.88% of total assets, compared with $85.4 million, or 1.38% of assets, at the end of the prior quarter. Loans modified under the CARES Act declined 25% to $116.4 million at March 31, 2021 from $155.6 million at December 31, 2020.
How is tangible common equity calculated?
Tangible common equity is calculated by subtracting goodwill and other intangible assets from stockholders’ equity. Banking and financial institution regulators also exclude goodwill and other intangible assets from stockholders’ equity when assessing the capital adequacy of a financial institution.
Is Hanmi a good company in 2021?
Bonnie Lee, President and Chief Executive Officer, said, “Hanmi is off to a good start in 2021 with solid first quarter performance highlighted by strong loan production, notable deposit growth, careful noninterest expense management, a significant improvement in nonaccrual loans, and excellent earnings.
About HAFC
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.
Analyst Forecast
According to 5 analysts, the average rating for HAFC stock is "Buy." The 12-month stock price forecast is 28.92, which is an increase of 7.91% from the latest price.
News
CIVI, IBCP, and HAFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 18, 2022
