Hanmi FinancialHAFC
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 Q3 regulatory filings by fund managers ($100M+ AUM)
11,283% more call options, than puts
Call options by funds: $683K | Put options by funds: $6K
10% more capital invested
Capital invested by funds: $460M [Q2] → $504M (+$44M) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 59
1.2% less ownership
Funds ownership: 90.53% [Q2] → 89.32% (-1.2%) [Q3]
2% less funds holding
Funds holding: 170 [Q2] → 167 (-3) [Q3]
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keefe, Bruyette & Woods Kelly Motta 55% 1-year accuracy 11 / 20 met price target | 22%upside $29 | Market Perform Downgraded | 4 Dec 2024 |
Piper Sandler Matthew Clark 83% 1-year accuracy 15 / 18 met price target | 7%upside $26 | Overweight Upgraded | 24 Oct 2024 |
DA Davidson Gary Tenner 71% 1-year accuracy 29 / 41 met price target | 8%downside $22 | Neutral Maintained | 23 Oct 2024 |
Wedbush David Chiaverini 67% 1-year accuracy 33 / 49 met price target | 12%downside $21 | Neutral Reiterated | 23 Oct 2024 |
Financial journalist opinion
