HANMI FINANCIAL CORP (HAFC)
Financials · Community banking · NASDAQ
A California-based community bank specializing in small-business and real-estate lending to Korean-American and multi-ethnic communities across the Western and Mid-Atlantic United States.
What HANMI FINANCIAL CORP does
Hanmi Financial Corporation is a bank holding company headquartered in Los Angeles that operates Hanmi Bank, a California-chartered community bank serving the Korean-American and multi-ethnic communities across the Western and Mid-Atlantic United States. The bank generates revenues primarily from interest and fees on loans (commercial, residential, and equipment financing), interest on securities, deposit account service charges, and sales of SBA and residential mortgage loans. Hanmi Bank operates a branch network across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington, targeting small- to medium-sized businesses owned by immigrants and minority groups.
Themes: ["Community banking / regional bank","Small business lending","Commercial real estate / multifamily lending","Immigrant and minority-focused banking","SBA lending / small business support"]
Fundamentals
- Price$31.94 as of 2026-07-09 close
- Market cap$944M as of 2026-07-10
- 1-year return+22.8% as of 2026-07-09 close
- P/E11.66 as of 2026-07-10
- Net margin+33.6% as of 2026-07-10
- ROE+10.3% as of 2026-07-10
- Debt / equity0.16 as of 2026-07-10
- Revenue growth (YoY)+43.9% as of 2026-07-10
- Revenue CAGR (3y)-0.2% SEC XBRL
- Beta0.72 as of 2026-07-10
Dividend: yield +3.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Real estate portfolio concentration and dependence on commercial property values and income-producing cash flows, with exposure to declining values, rising interest rates, and economic downturns","Intense competition from nationwide banks and community banks in served markets, particularly for loans and deposits targeting Korean-American and multi-ethnic small businesses","Exposure to credit risk, economic conditions affecting borrowers' ability to repay, and allowance for credit losses management"]
Competitors & peers
- Western Alliance Bancorporation (WAL)
- Banner Corporation (BANR)
- Umpqua Holdings (UMPQ)
- PacWest Bancorp (PACW)
- Zions Bancorporation (ZION)
- SVB Financial Group / First-Citizens BancShares
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.