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
11% more capital invested
Capital invested by funds: $468M [Q2] → $519M (+$51.1M) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 59
0.04% less ownership
Funds ownership: 92.13% [Q2] → 92.08% (-0.04%) [Q3]
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 170 [Q2] → 167 (-3) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
DA Davidson Gary Tenner 76% 1-year accuracy 38 / 50 met price target | 14%upside $28 | Neutral Maintained | 30 Jan 2025 |
Keefe, Bruyette & Woods Kelly Motta 68% 1-year accuracy 13 / 19 met price target | 21%upside $29 | Market Perform Downgraded | 4 Dec 2024 |
Financial journalist opinion
Based on 7 articles about HAFC published over the past 30 days
