Hanmi FinancialHAFC
Market Cap: $563M
About: Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
Employees: 615
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2,180% more call options, than puts
Call options by funds: $114K | Put options by funds: $5K
1% more capital invested
Capital invested by funds: $445M [Q1] → $449M (+$4.42M) [Q2]
3.87% less ownership
Funds ownership: 92.28% [Q1] → 88.41% (-3.87%) [Q2]
7% less funds holding
Funds holding: 180 [Q1] → 168 (-12) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 70
44% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 27
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wedbush David Chiaverini 65% 1-year accuracy 34 / 52 met price target | 18%upside $22 | Neutral Maintained | 24 Jul 2024 |
DA Davidson Gary Tenner 82% 1-year accuracy 14 / 17 met price target | 13%upside $21 | Neutral Maintained | 24 Jul 2024 |