Hanmi Financial (NASDAQ:HAFC) Hits New 1-Year High – What’s Next?

Posted by Brian Himes on Jul 3rd, 2026

Hanmi Financial Corporation (NASDAQ:HAFC – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $32.87 and last traded at $32.7140, with a volume of 13862 shares traded. The stock had previously closed at $32.40.

Analyst Ratings Changes

HAFC has been the subject of several recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Hanmi Financial in a report on Wednesday, June 24th. Keefe, Bruyette & Woods increased their target price on shares of Hanmi Financial from $31.50 to $32.00 and gave the stock a “market perform” rating in a report on Thursday, April 9th. Piper Sandler raised their target price on shares of Hanmi Financial from $32.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Capital One Financial set a $32.00 price target on shares of Hanmi Financial in a research report on Thursday, May 28th. Finally, Brean Capital reiterated a “neutral” rating and set a $32.00 price objective on shares of Hanmi Financial in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Hanmi Financial has a consensus rating of “Hold” and an average target price of $32.10.

Check Out Our Latest Analysis on Hanmi Financial

Hanmi Financial Price Performance

The firm has a market capitalization of $967.23 million, a P/E ratio of 12.12 and a beta of 0.72. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.98 and a quick ratio of 0.98. The stock’s fifty day simple moving average is $30.64 and its 200 day simple moving average is $28.42.

Hanmi Financial (NASDAQ:HAFC – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The bank reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.04. The business had revenue of $134.94 million for the quarter, compared to analysts’ expectations of $71.40 million. Hanmi Financial had a net margin of 18.05% and a return on equity of 10.31%. On average, equities research analysts predict that Hanmi Financial Corporation will post 3.16 EPS for the current year.

Hanmi Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 3.4%. The ex-dividend date was Monday, May 4th. Hanmi Financial’s dividend payout ratio (DPR) is 41.79%.

Insider Buying and Selling at Hanmi Financial

In related news, insider Anthony I. Kim sold 5,333 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $30.73, for a total transaction of $163,883.09. Following the transaction, the insider directly owned 41,615 shares in the company, valued at $1,278,828.95. The trade was a 11.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Matthew Fuhr sold 3,300 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $30.83, for a total value of $101,739.00. Following the transaction, the insider directly owned 34,002 shares in the company, valued at $1,048,281.66. This represents a 8.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.12% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hanmi Financial

Several institutional investors have recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC acquired a new position in shares of Hanmi Financial during the first quarter valued at about $1,615,000. Bank of America Corp DE boosted its stake in Hanmi Financial by 23.2% in the 1st quarter. Bank of America Corp DE now owns 120,766 shares of the bank’s stock worth $3,183,000 after purchasing an additional 22,726 shares in the last quarter. Amundi purchased a new stake in Hanmi Financial during the 1st quarter worth approximately $312,000. Royal Bank of Canada grew its position in Hanmi Financial by 85.4% during the 1st quarter. Royal Bank of Canada now owns 3,486 shares of the bank’s stock worth $92,000 after purchasing an additional 1,606 shares during the last quarter. Finally, Rhino Investment Partners Inc increased its stake in Hanmi Financial by 4.9% during the 1st quarter. Rhino Investment Partners Inc now owns 881,957 shares of the bank’s stock valued at $23,248,000 after purchasing an additional 41,008 shares in the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

About Hanmi Financial

(Get Free Report)

Hanmi Financial Corporation is a bank holding company based in California, primarily operating through its wholly owned subsidiary, Hanmi Bank. Established in 1982 to serve the Korean‐American community in Los Angeles, the company has expanded its footprint to include branch locations throughout California as well as markets in Illinois, Texas and Washington State. Hanmi Bank offers a comprehensive suite of commercial and consumer banking products designed to meet the needs of small and medium‐sized businesses, professionals and individual clients.

On the commercial banking side, Hanmi Bank provides business checking and savings accounts, lines of credit, commercial real estate lending and SBA‐guaranteed loans.