DA Davidson Increases Earnings Estimates for Hanmi Financial

Hanmi Financial Corporation (NASDAQ:HAFC) – Equities researchers at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for shares of Hanmi Financial in a report issued on Friday, June 27th. DA Davidson analyst G. Tenner now expects that the bank will post earnings per share of $2.57 for the year, up from their previous forecast of $2.55. The consensus estimate for Hanmi Financial’s current full-year earnings is $2.60 per share. DA Davidson also issued estimates for Hanmi Financial’s FY2026 earnings at $2.75 EPS.

Hanmi Financial (NASDAQ:HAFC) last released its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm had revenue of $62.82 million for the quarter, compared to the consensus estimate of $63.45 million. Hanmi Financial had a net margin of 15.05% and a return on equity of 8.84%.

Hanmi Financial Stock Performance

Shares of HAFC stock opened at $25.48 on Monday. Hanmi Financial has a 52 week low of $15.74 and a 52 week high of $27.59. The company has a market capitalization of $769.75 million, a price-to-earnings ratio of 11.96 and a beta of 0.73. The company has a 50-day simple moving average of $23.37 and a 200 day simple moving average of $23.07. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 0.98.

Institutional Investors Weigh In On Hanmi Financial

A number of institutional investors have recently made changes to their positions in the company. Amundi increased its stake in shares of Hanmi Financial by 213.3% during the fourth quarter. Amundi now owns 15,115 shares of the bank’s stock worth $338,000 after purchasing an additional 10,290 shares during the period. GAMMA Investing LLC grew its holdings in Hanmi Financial by 4,237.3% in the 1st quarter. GAMMA Investing LLC now owns 32,313 shares of the bank’s stock valued at $7,320,000 after buying an additional 31,568 shares in the last quarter. SG Americas Securities LLC increased its position in Hanmi Financial by 1.9% during the 1st quarter. SG Americas Securities LLC now owns 25,406 shares of the bank’s stock worth $576,000 after buying an additional 480 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Hanmi Financial by 9.2% during the fourth quarter. Bank of New York Mellon Corp now owns 489,126 shares of the bank’s stock worth $11,553,000 after buying an additional 41,020 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Hanmi Financial in the fourth quarter valued at about $3,108,000. Institutional investors own 88.66% of the company’s stock.

Hanmi Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Monday, May 5th were given a dividend of $0.27 per share. The ex-dividend date was Monday, May 5th. This represents a $1.08 annualized dividend and a yield of 4.24%. Hanmi Financial’s dividend payout ratio (DPR) is presently 50.70%.

About Hanmi Financial

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.