NASDAQ : HAFC
Hanmi Financial Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 33.13 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 969.62M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 383.24M | 375.76M | 366.15M | 339.81M | 257.88M | 208.60M |
| Interest Income on Investments | 36.00M | 35.17M | 32.63M | 29.52M | 15.94M | 8.07M |
| Total Interest Income | 419.24M | 410.93M | 398.78M | 369.33M | 273.81M | 216.68M |
| Interest Paid on Deposits | 153.76M | 164.71M | 182.69M | 134.71M | 25.94M | 11.65M |
| Interest Paid on Borrowings | 7.97M | 10.03M | 13.32M | 13.35M | 10.23M | 9.97M |
| Total Interest Expense | 161.73M | 174.74M | 196.01M | 148.06M | 36.17M | 21.62M |
| Net Interest Income | 257.51M | 236.19M | 202.77M | 221.27M | 237.65M | 195.05M |
| Gain (Loss) on Sale of Assets | 860.00K | 4.00M | 45.00K | |||
| Gain (Loss) on Sale of Investments | -1.87M | -499.00K | ||||
| Other Non-Interest Income | 16.51M | 15.51M | 13.76M | 14.26M | 13.23M | 12.32M |
| Total Non-Interest Income | 34.22M | 33.98M | 31.59M | 32.24M | 34.20M | 40.17M |
| Revenues Before Loan Losses | 291.73M | 270.17M | 234.36M | 253.51M | 271.85M | 235.22M |
| Provision for Loan Losses | 10.55M | 14.44M | 4.42M | 4.34M | 836.00K | -24.40M |
| Revenue | 281.18M | 255.73M | 229.94M | 249.16M | 271.01M | 259.62M |
| Salaries and Employee Benefits | 86.95M | 84.08M | 79.79M | 78.72M | 73.55M | 70.12M |
| Occupancy Expenses | 8.26M | 8.24M | 7.95M | 8.34M | 9.35M | 10.57M |
| Selling, General & Administrative | 44.77M | 41.12M | 40.90M | 38.22M | 36.00M | 34.18M |
| Other Non-Interest Expense | 16.38M | 14.37M | 12.70M | 11.26M | 11.39M | 9.57M |
| Total Non-Interest Expense | 156.37M | 147.80M | 141.34M | 136.53M | 130.28M | 124.45M |
| EBT Excluding Unusual Items | 124.81M | 107.93M | 88.61M | 112.64M | 140.73M | 135.17M |
| Legal Settlements | 1.94M | 325.00K | ||||
| Pretax Income | 124.81M | 107.93M | 88.61M | 114.58M | 140.73M | 135.49M |
| Income Tax Expense | 33.83M | 31.84M | 26.40M | 34.54M | 39.33M | 36.82M |
| Net Income | 90.98M | 76.09M | 62.20M | 80.04M | 101.39M | 98.68M |
| Preferred Dividends & Other Adjustments | 616.00K | 616.00K | 504.00K | 505.00K | 558.00K | 671.00K |
| Net Income to Common | 90.37M | 75.47M | 61.70M | 79.54M | 100.84M | 98.01M |
| Basic Shares Outstanding | 29.56M | 29.85M | 30.02M | 30.27M | 30.30M | 30.39M |
| Diluted Shares Outstanding | 29.84M | 30.04M | 30.10M | 30.33M | 30.39M | 30.47M |
| EPS (Basic) | 3.06 | 2.53 | 2.06 | 2.63 | 3.33 | 3.22 |
| EPS (Diluted) | 3.02 | 2.51 | 2.05 | 2.62 | 3.32 | 3.22 |
| Dividend Per Share | 1.11 | 1.08 | 1.00 | 1.00 | 0.94 | 0.54 |
| Effective Tax Rate | 27.10% | 29.50% | 29.80% | 30.14% | 27.95% | 27.17% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 348.58M | 212.84M | 304.80M | 302.32M | 352.42M | 608.97M |
| Investment Securities | 869.50M | 292.39M | 298.85M | 294.61M | 257.81M | 217.68M |
| Trading Asset Securities | 2.72M | 4.69M | 6.25M | 7.51M | 1.38M | |
| Mortgage-Backed Securities | 617.93M | 629.04M | 587.73M | 601.93M | 701.11M | |
| Total Investments | 869.50M | 913.04M | 932.59M | 888.58M | 867.25M | 920.17M |
| Gross Loans | 6.57B | 6.56B | 6.25B | 6.18B | 5.97B | 5.15B |
| Allowance for Loan Losses | -70.81M | -69.90M | -70.15M | -69.46M | -71.52M | -72.56M |
| Net Loans | 6.50B | 6.49B | 6.18B | 6.11B | 5.90B | 5.08B |
| Property, Plant & Equipment | 20.38M | 52.38M | 57.00M | 64.36M | 63.25M | 71.09M |
| Goodwill | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M |
| Other Intangible Assets | 68.00K | 194.00K | 364.00K | |||
| Loans Held for Sale | 31.24M | 7.40M | 8.58M | 12.01M | 8.04M | 13.34M |
| Accrued Interest Receivable | 25.40M | 24.47M | 22.94M | 23.37M | 18.54M | 11.98M |
| Other Receivables | 3.05M | 6.72M | 15.25M | 2.08M | ||
| Other Current Assets | 159.24M | 125.00K | 1.23M | 625.00K | 30.79M | 19.56M |
| Long-Term Deferred Tax Assets | 37.42M | 38.18M | 35.23M | 36.67M | 41.98M | |
| Other Real Estate Owned & Foreclosed | 1.08M | 1.98M | 117.00K | 117.00K | 117.00K | 675.00K |
| Other Long-Term Assets | 63.05M | 95.60M | 97.13M | 103.27M | 62.72M | 61.98M |
| Total Assets | 8.04B | 7.87B | 7.68B | 7.57B | 7.38B | 6.86B |
| Accrued Expenses | 74.96M | 41.18M | 35.70M | 40.61M | 33.57M | 24.17M |
| Interest Bearing Deposits | 4.91B | 3.91B | 3.69B | 3.60B | 3.13B | 3.04B |
| Institutional Deposits | 750.79M | 647.30M | 681.02M | 498.00M | 173.53M | |
| Non-Interest Bearing Deposits | 2.15B | 2.02B | 2.10B | 2.00B | 2.54B | 2.57B |
| Total Deposits | 7.06B | 6.68B | 6.44B | 6.28B | 6.17B | 5.79B |
| Short-Term Borrowings | 2.57M | 230.29M | 218.42M | 257.38M | 1.36M | |
| Current Portion of Long-Term Debt | 150.00M | 37.50M | 50.00M | 50.00M | ||
| Current Portion of Leases | 7.75M | |||||
| Accrued Interest Payable | 28.13M | 34.78M | 34.82M | 39.31M | 7.79M | 1.16M |
| Other Current Liabilities | 467.00K | 125.00K | 1.23M | 625.00K | 328.00K | |
| Long-Term Debt | 53.15M | 108.70M | 108.50M | 108.30M | 108.20M | 194.20M |
| Federal Home Loan Bank Debt, Long-Term | 37.50M | 75.00M | 50.00M | 87.50M | ||
| Long-Term Leases | 28.29M | 39.80M | 46.40M | 44.20M | 49.70M | |
| Trust Preferred Securities | 23.00M | 21.76M | 22.14M | 21.71M | 21.21M | 20.81M |
| Total Liabilities | 7.24B | 7.07B | 6.95B | 6.87B | 6.74B | 6.22B |
| Common Stock | 34.00K | 34.00K | 34.00K | 34.00K | 33.00K | 33.00K |
| Additional Paid-In Capital | 597.24M | 594.67M | 591.07M | 586.91M | 583.41M | 580.80M |
| Retained Earnings | 438.89M | 394.33M | 350.87M | 319.05M | 269.54M | 196.78M |
| Treasury Stock | -165.48M | -149.47M | -139.07M | -132.18M | -126.48M | -125.75M |
| Comprehensive Income & Other | -62.37M | -43.17M | -70.72M | -71.93M | -88.98M | -8.44M |
| Shareholders' Equity | 808.31M | 796.39M | 732.17M | 701.89M | 637.51M | 643.42M |
| Total Liabilities & Equity | 8.04B | 7.87B | 7.68B | 7.57B | 7.38B | 6.86B |
| Total Debt | 76.15M | 319.06M | 438.23M | 507.33M | 530.98M | 403.57M |
| Net Cash (Debt) | 272.43M | -103.50M | -128.74M | -198.76M | -171.06M | 206.78M |
| Net Cash Per Share | 9.13 | -3.45 | -4.28 | -6.55 | -5.63 | 6.79 |
| Filing Date Shares Outstanding | 29.27M | 29.66M | 29.94M | 30.07M | 30.34M | 30.27M |
| Total Common Shares Outstanding | 29.27M | 29.67M | 29.94M | 30.17M | 30.33M | 30.26M |
| Book Value Per Share | 27.62 | 26.85 | 24.46 | 23.26 | 21.02 | 21.27 |
| Tangible Book Value | 797.28M | 785.36M | 721.14M | 690.79M | 626.29M | 632.02M |
| Tangible Book Value Per Share | 27.24 | 26.47 | 24.09 | 22.89 | 20.65 | 20.89 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 76.09M | 62.20M | 80.04M | 101.39M | 98.68M | |
| Depreciation & Amortization | 5.66M | 5.92M | 5.78M | 15.06M | 16.09M | |
| Gain (Loss) on Sale of Assets | 40.00K | -816.00K | -3.96M | -45.00K | ||
| Gain (Loss) on Sale of Investments | 1.87M | 499.00K | ||||
| Total Asset Writedown | 54.00K | -385.00K | 385.00K | |||
| Provision for Credit Losses | 14.44M | 4.42M | 4.34M | 836.00K | -24.40M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 125.46M | 5.62M | 2.67M | 14.76M | 8.39M | |
| Change in Other Net Operating Assets | -498.00K | 5.48M | -28.83M | -25.25M | 1.65M | |
| Operating Cash Flow | 206.01M | 52.56M | 109.25M | 147.31M | 93.73M | |
| Capital Expenditures | -2.31M | -2.62M | -2.42M | -1.93M | -2.72M | |
| Sale of Property, Plant and Equipment | 14.00K | 2.80M | 7.23M | 45.00K | ||
| Investment in Securities | 60.22M | -40.20M | 7.03M | -60.59M | -181.74M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -442.95M | -68.34M | -223.29M | -819.80M | -264.10M | |
| Other Investing Activities | 712.00K | 2.27M | 809.00K | |||
| Investing Cash Flow | -384.32M | -106.08M | -211.45M | -881.51M | -447.04M | |
| Long-Term Debt Issued | 112.50M | 62.50M | 212.50M | 107.93M | ||
| Total Debt Issued | 112.50M | 62.50M | 212.50M | 107.93M | ||
| Long-Term Debt Repaid | -225.00M | -125.00M | -25.00M | -87.30M | -25.54M | |
| Total Debt Repaid | -225.00M | -125.00M | -25.00M | -87.30M | -25.54M | |
| Net Debt Issued (Repaid) | -112.50M | -62.50M | -25.00M | 125.20M | 82.39M | |
| Issuance of Common Stock | 582.00K | 19.00K | ||||
| Repurchase of Common Stock | -10.40M | -6.90M | -4.87M | -732.00K | -6.71M | |
| Common Dividends Paid | -32.62M | -30.38M | -30.54M | -28.64M | -16.51M | |
| Net Increase (Decrease) in Deposit Accounts | 241.87M | 155.20M | 112.50M | 381.80M | 511.26M | |
| Financing Cash Flow | 86.35M | 56.00M | 52.10M | 477.65M | 570.43M | |
| Net Cash Flow | -91.96M | 2.48M | -50.10M | -256.54M | 217.12M | |
| Free Cash Flow | 203.70M | 49.94M | 106.84M | 145.38M | 91.00M | |
| Free Cash Flow Margin | 79.66% | 21.72% | 42.88% | 53.64% | 35.05% | |
| Free Cash Flow Per Share | 6.78 | 1.66 | 3.52 | 4.78 | 2.99 | |
| Cash Interest Paid | 174.78M | 200.49M | 116.54M | 29.54M | 25.03M | |
| Cash Income Tax Paid | 35.83M | 41.67M | 16.54M | 12.73M | 31.40M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 980.45M | 802.69M | 708.60M | 586.62M | 750.77M | 714.29M |
| Last Close Price | 32.55 | 26.28 | 21.96 | 17.06 | 20.55 | 18.94 |
| PE Ratio | 11.10 | 10.63 | 11.48 | 7.38 | 7.45 | 7.29 |
| PS Ratio | 3.39 | 3.14 | 3.08 | 2.35 | 2.77 | 2.75 |
| PB Ratio | 1.18 | 1.01 | 0.97 | 0.84 | 1.18 | 1.11 |
| P/FCF Ratio | 4.53 | 3.94 | 14.19 | 5.49 | 5.16 | 7.85 |
| P/OCF Ratio | 4.47 | 3.90 | 13.48 | 5.37 | 5.10 | 7.62 |
| Debt / Equity Ratio | 0.09 | 0.40 | 0.60 | 0.72 | 0.83 | 0.63 |
| Debt / FCF Ratio | 1.57 | 8.78 | 4.75 | 3.65 | 4.43 | |
| Net Debt / Equity Ratio | -0.34 | 0.13 | 0.18 | 0.28 | 0.27 | -0.32 |
| Net Debt / FCF Ratio | 0.51 | 2.58 | 1.86 | 1.18 | -2.27 | |
| Return on Equity (ROE) | 11.46% | 9.96% | 8.67% | 11.95% | 15.83% | 16.17% |
| Return on Assets (ROA) | 1.14% | 0.98% | 0.82% | 1.07% | 1.42% | 1.51% |
| Earnings Yield | 9.01% | 9.48% | 8.78% | 13.64% | 13.51% | 13.81% |
| FCF Yield | 22.06% | 25.38% | 7.05% | 18.21% | 19.36% | 12.74% |
| Dividend Yield | 3.34% | 3.99% | 4.23% | 5.14% | 3.80% | 2.29% |
| Payout Ratio | 37.11% | 42.88% | 48.84% | 38.15% | 28.24% | 16.73% |
| Buyback Yield / Dilution | 0.55% | 0.20% | 0.75% | 0.20% | 0.26% | -0.63% |
| Total Shareholder Return | 3.99% | 4.19% | 4.98% | 5.35% | 4.06% | 1.65% |