See more : Taiyo Yuden Co., Ltd. (TYOYY) Income Statement Analysis – Financial Results
Complete financial analysis of Hanmi Financial Corporation (HAFC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hanmi Financial Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- Nomura Real Estate Holdings, Inc. (NMEHF) Income Statement Analysis – Financial Results
- EM Systems Co., Ltd. (4820.T) Income Statement Analysis – Financial Results
- Bank of Tianjin Co., Ltd. (1578.HK) Income Statement Analysis – Financial Results
- Neometals Ltd (NMT.AX) Income Statement Analysis – Financial Results
- Goldgroup Mining Inc. (GGA.TO) Income Statement Analysis – Financial Results
Hanmi Financial Corporation (HAFC)
About Hanmi Financial Corporation
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. It also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, the company offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; SBA and trade finance lending to small and middle market businesses; and small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. As of February 28, 2022, it operated a network of 35 full-service branches and 8 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 1982 and is headquartered in Los Angeles, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 249.17M | 271.85M | 235.55M | 224.00M | 203.42M | 205.53M | 210.22M | 193.27M | 195.72M | 149.90M | 139.84M | 125.34M | 125.03M | 131.28M | 133.34M | 169.67M | 193.28M | 189.36M | 169.21M | 129.15M | 76.64M | 69.18M | 60.94M | 56.34M | 46.29M |
| Cost of Revenue | 11.26M | 0.00 | 9.58M | 10.02M | 16.39M | 11.26M | 10.87M | 10.99M | 10.81M | 6.41M | 8.10M | 6.94M | 8.19M | 8.56M | 11.04M | 16.23M | 11.87M | 10.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 237.91M | 271.85M | 225.97M | 213.98M | 187.03M | 194.28M | 199.35M | 182.28M | 184.91M | 143.49M | 131.75M | 118.40M | 116.84M | 122.72M | 122.30M | 153.44M | 181.41M | 179.25M | 169.21M | 129.15M | 76.64M | 69.18M | 60.94M | 56.34M | 46.29M |
| Gross Profit Ratio | 95.48% | 100.00% | 95.93% | 95.53% | 91.94% | 94.52% | 94.83% | 94.31% | 94.48% | 95.72% | 94.21% | 94.46% | 93.45% | 93.48% | 91.72% | 90.43% | 93.86% | 94.66% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 81.40M | 76.14M | 72.56M | 66.99M | 67.90M | 69.44M | 67.94M | 63.96M | 62.86M | 52.90M | 40.94M | 42.55M | 54.50M | 56.28M | 52.17M | 42.21M | 47.04M | 40.51M | 36.84M | 33.54M | 21.21M | 17.93M | 16.79M | 14.25M | 12.37M |
| Selling & Marketing | 3.11M | 3.64M | 2.65M | 2.67M | 3.80M | 4.04M | 3.95M | 3.91M | 4.20M | 3.44M | 4.08M | 3.88M | 2.99M | 2.39M | 2.40M | 3.52M | 3.63M | 3.00M | 2.91M | 3.00M | 1.64M | 1.52M | 1.75M | 1.72M | 1.42M |
| SG&A | 84.50M | 79.78M | 75.21M | 69.66M | 71.70M | 73.48M | 71.90M | 67.87M | 67.07M | 56.34M | 45.02M | 46.42M | 54.50M | 56.28M | 54.57M | 45.73M | 50.67M | 43.51M | 39.75M | 36.54M | 22.85M | 19.45M | 18.53M | 15.97M | 13.79M |
| Other Expenses | 165.00M | -189.79M | -175.26M | 452.00K | -227.77M | -151.53M | -30.46M | -28.96M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 790.00K | 0.00 | 0.00 | 0.00 | 0.00 | -52.17M | -73.40M | -47.06M | -41.24M | -18.97M | -15.10M | -20.55M |
| Operating Expenses | 249.51M | -110.01M | -100.05M | 70.11M | -156.08M | -68.18M | 9.42M | 9.28M | 12.11M | 11.00M | 11.48M | 8.57M | 7.18M | 5.92M | 6.50M | 7.06M | 6.10M | 4.91M | -12.42M | -36.86M | -24.21M | -21.79M | -437.35K | 867.04K | -6.76M |
| Cost & Expenses | 249.51M | -110.01M | -100.05M | 70.11M | -156.08M | -68.18M | 20.28M | 20.28M | 22.91M | 17.41M | 19.58M | 15.51M | 15.37M | 14.47M | 17.54M | 23.29M | 17.97M | 15.02M | -12.42M | -36.86M | -24.21M | -21.79M | -437.35K | 867.04K | -6.76M |
| Interest Income | 368.10M | 272.79M | 215.73M | 222.96M | 245.63M | 232.98M | 208.09M | 176.00M | 161.44M | 134.97M | 120.92M | 118.98M | 128.27M | 143.98M | 183.49M | 238.18M | 280.90M | 260.19M | 199.11M | 134.17M | 77.76M | 69.61M | 76.94M | 72.52M | 52.62M |
| Interest Expense | 148.06M | 36.17M | 21.63M | 42.97M | 70.90M | 53.38M | 32.52M | 18.27M | 16.11M | 14.03M | 13.51M | 18.75M | 27.63M | 38.64M | 82.92M | 103.78M | 128.69M | 106.43M | 62.11M | 32.62M | 20.80M | 21.35M | 32.99M | 30.89M | 18.85M |
| Depreciation & Amortization | 9.25M | 15.06M | 4.62M | 10.95M | 3.61M | 2.96M | 345.00K | 3.23M | 17.85M | 133.00K | 164.00K | 198.00K | 2.86M | 3.44M | 1.57M | 6.32M | 5.50M | 5.57M | 6.05M | 7.57M | 1.89M | 1.43M | 1.28M | 610.61K | 1.59M |
| EBITDA | 0.00 | 155.78M | 8.06M | 9.63M | 6.27M | 5.29M | 6.25M | 6.41M | 102.16M | 74.92M | 64.42M | 0.00 | 0.00 | 0.00 | -142.55M | 0.00 | 0.00 | 124.93M | 108.09M | 73.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 65.07% | 64.35% | 31.45% | 27.96% | 72.23% | 66.91% | 63.25% | 64.36% | 63.29% | 55.51% | 51.12% | 47.49% | -35.00% | -50.11% | 3.92% | 50.78% | 115.25% | 96.24% | 77.32% | 70.88% | 70.57% | 101.39% | 102.62% | 88.84% |
| Operating Income | 15.37M | 161.84M | 135.49M | 59.50M | 47.35M | 137.35M | 6.25M | 6.41M | 4.55M | 3.58M | 735.00K | 538.00K | 751.00K | 867.00K | 704.00K | 214.90M | 262.93M | 245.17M | 156.80M | 92.29M | 52.44M | 47.39M | 60.50M | 57.20M | 39.53M |
| Operating Income Ratio | 6.17% | 59.53% | 57.52% | 26.56% | 23.28% | 66.83% | 2.97% | 3.32% | 2.33% | 2.39% | 0.53% | 0.43% | 0.60% | 0.66% | 0.53% | 126.66% | 136.03% | 129.47% | 92.66% | 71.46% | 68.42% | 68.50% | 99.28% | 101.54% | 85.40% |
| Total Other Income/Expenses | 99.21M | -15.06M | 370.00K | -9.02M | -16.39M | -12.10M | -11.13M | -11.37M | -13.08M | -1.93M | -9.81M | -5.14M | 28.13M | -88.89M | -154.11M | -318.34M | -298.97M | 0.00 | 509.00K | -2.05M | -20.80M | -21.35M | -32.99M | -30.89M | -18.85M |
| Income Before Tax | 114.58M | 140.73M | 135.49M | 59.50M | 47.35M | 83.97M | 95.28M | 89.39M | 92.01M | 72.58M | 61.99M | 43.01M | 28.88M | -88.02M | -153.40M | -103.45M | -36.04M | 106.24M | 94.68M | 59.68M | 31.64M | 26.04M | 27.51M | 26.31M | 20.69M |
| Income Before Tax Ratio | 45.99% | 51.77% | 57.52% | 26.56% | 23.28% | 40.85% | 45.33% | 46.25% | 47.01% | 48.42% | 44.33% | 34.31% | 23.10% | -67.05% | -115.05% | -60.97% | -18.65% | 56.10% | 55.96% | 46.21% | 41.28% | 37.65% | 45.15% | 46.70% | 44.69% |
| Income Tax Expense | 34.54M | 39.33M | 36.82M | 17.30M | 14.56M | 26.10M | 40.62M | 32.90M | 38.18M | 22.38M | 22.09M | -47.37M | 733.00K | -12.00K | -31.13M | -1.36M | 24.48M | 40.59M | 36.46M | 22.98M | 12.43M | 9.01M | 10.70M | 10.79M | 8.68M |
| Net Income | 80.04M | 101.39M | 98.68M | 42.20M | 32.79M | 57.87M | 54.66M | 56.49M | 53.82M | 49.76M | 39.91M | 90.37M | 28.15M | -88.01M | -122.28M | -102.09M | -60.52M | 65.65M | 58.23M | 36.70M | 19.21M | 17.03M | 16.81M | 15.52M | 12.01M |
| Net Income Ratio | 32.12% | 37.30% | 41.89% | 18.84% | 16.12% | 28.16% | 26.00% | 29.23% | 27.50% | 33.20% | 28.54% | 72.10% | 22.51% | -67.04% | -91.70% | -60.17% | -31.31% | 34.67% | 34.41% | 28.42% | 25.07% | 24.62% | 27.58% | 27.56% | 25.93% |
| EPS | 2.63 | 3.33 | 3.22 | 1.38 | 1.06 | 1.81 | 1.70 | 1.76 | 1.69 | 1.57 | 1.26 | 2.87 | 1.38 | -7.46 | -20.56 | -17.80 | -10.13 | 10.72 | 9.44 | 3.48 | 2.72 | 4.92 | 4.51 | 2.49 | 3.19 |
| EPS Diluted | 2.62 | 3.32 | 3.22 | 1.38 | 1.06 | 1.81 | 1.69 | 1.75 | 1.68 | 1.56 | 1.26 | 2.87 | 1.38 | -7.46 | -20.56 | -17.80 | -10.13 | 10.64 | 9.36 | 3.36 | 2.68 | 4.80 | 4.44 | 2.49 | 3.19 |
| Weighted Avg Shares Out | 30.27M | 30.30M | 30.39M | 30.28M | 30.73M | 31.92M | 32.07M | 31.90M | 31.79M | 31.70M | 31.60M | 31.48M | 20.41M | 11.79M | 5.95M | 5.73M | 5.97M | 6.11M | 6.15M | 10.57M | 7.02M | 3.46M | 3.72M | 3.39M | 3.77M |
| Weighted Avg Shares Out (Dil) | 30.33M | 30.39M | 30.47M | 30.28M | 30.76M | 32.05M | 32.25M | 32.05M | 31.88M | 31.98M | 31.70M | 31.52M | 20.42M | 11.79M | 5.95M | 5.73M | 5.97M | 6.18M | 6.24M | 10.88M | 7.17M | 3.55M | 3.79M | 3.41M | 3.77M |
Hanmi Financial to Participate in the D.A. Davidson 26th Annual Financial Institutions Conference
LOS ANGELES, May 06, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced its participation in the D.A. Davidson 26th Annual Financial Institutions Conference on Thursday, May 9,...
Hanmi Bank Celebrates Grand Opening of its New Fort Lee, New Jersey Branch with Local Community
LOS ANGELES, May 06, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced it hosted a community grand opening event on May 2 to commemorate its new branch in Fort Lee,...
Levi & Korsinsky, LLP Notifies Shareholders of Hanmi Financial Corporation (HAFC) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / May 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Hanmi Financial Corporation (NASDAQ:HAFC). The settlement provides for a fund of $3,000,000...
Hanmi Financial: High Dividend Yield Is Safe From A Negative Earnings Outlook
I think loan growth can bounce back from the first quarter's poor performance. I've reduced the net interest margin estimate following the first quarter's disappointing performance. Yields are already showing signs of pressure. I've reduced my earnings estimate to $2.18...
Levi & Korsinsky, LLP Notifies Shareholders of Hanmi Financial Corporation (HAFC) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / April 25, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Hanmi Financial Corporation (NASDAQ:HAFC). The settlement provides for a fund of $3,000,000...
Hanmi Financial Declares Cash Dividend of $0.25 per share and Announces New Share Repurchase Authorization
LOS ANGELES, April 25, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced that its Board of Directors declared a cash dividend on its common stock for the...
Hanmi Financial Corporation (HAFC) Q1 2024 Earnings Call Transcript
Hanmi Financial Corporation (NASDAQ:HAFC ) Q1 2024 Earnings Conference Call April 23, 2024 5:00 PM ET Company Participants Ben Brodkowitz - Investor Relations, Financial Profiles, Inc. Bonita Lee - President and Chief Executive Officer Anthony Kim - Senior Executive Vice...
Hanmi Financial (HAFC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Hanmi Financial (HAFC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street...
Hanmi Financial (HAFC) Misses Q1 Earnings and Revenue Estimates
Hanmi Financial (HAFC) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.72 per share a year ago.
Hanmi Reports 2024 First Quarter Results
LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the first quarter of 2024.
Source: https://incomestatements.info
Category: Stock Reports