Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $21.86 USD
Change Today -0.255 / -1.15%
Volume 108.4K
As of 8:10 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

hanmi financial corporation (HAFC) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/13/14 - $23.58
52 Week Low
10/13/14 - $19.33
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

hanmi financial corporation (HAFC) Related Bloomberg News

View More Bloomberg News

hanmi financial corporation (HAFC) Related Businessweek News

No Related Businessweek News Found

hanmi financial corporation (HAFC) Details

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, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. The company also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, which include commercial term loans and commercial lines of credit, as well as various international finance and trade services and products, including letters of credit, and import and export financing. In addition, it offers consumer loans comprising automobile loans, secured and unsecured personal loans, home improvement loans, home equity lines of credit, unsecured lines of credit, and credit cards; and small business administration loans for business purposes, such as owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing. As of May 8, 2015, the company operated 46 full-service branches and 6 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. Hanmi Financial Corporation was founded in 1981 and is headquartered in Los Angeles, California.

681 Employees
Last Reported Date: 03/16/15
Founded in 1981

hanmi financial corporation (HAFC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $850.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $64.2K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $455.5K
Chief Risk Officer, Executive Vice President,...
Total Annual Compensation: $298.2K
Compensation as of Fiscal Year 2014.

hanmi financial corporation (HAFC) Key Developments

Hanmi Financial Corp. Announces Closure of Four Branch Offices

Hanmi Financial Corporation announced the planned closure and consolidation of three branch offices in Harvey, Naperville (South) and Roselle, Illinois and one branch office in Springfield, Virginia. The closing of these branches is scheduled for August 28, 2015 after regulatory notice requirements are met. The closures will result in an estimated annual pre-tax cost savings of $2.7 million. Non-recurring charges associated with the branch closings are estimated to be approximately $0.9 million. After these closures, Hanmi will operate 42 full-service branches and 6 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia.

Hanmi Financial Corporation Announces the Opening of Two New Loan Production Offices in New York and Georgia; Announces Executive Appointments to Loan Production Offices

Hanmi Financial Corporation announced that it has opened two new Loan Production Offices (LPOs) in New York and Georgia. With the addition of these locations, Hanmi now has a total of six LPOs serving customers nationwide. A new LPO has also been opened at 3700 Crestwood Parkway, Suite 360, Duluth, Georgia. Chris Hwang, SVP and New York Corporate Banking LPO Manager, will lead the New York LPO located at 1140 Avenue of the Americas, 9th Floor, New York, New York. The New York LPO will focus on middle market and C&I loans. Mr. Hwang joined the Hanmi team in January 2015 and has more than 25 years of experience in community banking, serving in several senior level banking/relationship management roles at East West Bank, TD Bank, N.A., Flushing Bank, Korea First Bank, and Long Island Savings Bank. James Lee, FVP and Georgia LPO Manager, will lead the Georgia LPO, which will focus on SBA loans. Mr. Lee, who joined Hanmi in January 2015, has a decade of experience in mortgage, commercial, and SBA lending, having served as a LPO manager at Wilshire Bank and in loan officer roles at JS Capital Group and Centro Mortgage Inc.

Hanmi Financial Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Hanmi Financial Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income of $11,054,000 against $10,991,000 a year ago. Net income per diluted common share was $0.35 against $0.34 a year ago. Return on average assets was 1.07% against 1.49% a year ago. Return on average stockholders equity was 9.75% against 10.98% a year ago. Income from continuing operations, net of taxes was $11,054,000 compared to $10,969,000 a year ago. Net interest income, before provision for credit losses improved 0.8% to $37.7 million from $37.4 million in the preceding quarter and improved 39.0% from $27.1 million in the first quarter last year. Net interest margin for the first quarter 2015 was 3.92% compared to 3.80% in the fourth quarter of 2014 and 3.90% in the year-ago period. Net interest income, after provision for credit losses, increased 9.2% to $39.7 million compared to $36.3 million in the fourth quarter 2014 and was up 30.5% from $30.4 million in the first quarter last year. Tangible book value per share was $14.58, compared to $14.14 and $12.97 at December 31, 2014 and March 31, 2014, respectively.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HAFC:US $21.86 USD -0.255

HAFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CoBiz Financial Inc $11.63 USD -0.26
Farmers & Merchants Bank of Long Beach/Long Beach CA $6,025 USD -49.99
Heritage Financial Corp/WA $17.19 USD -0.01
TriCo Bancshares $23.56 USD -0.44
Wilshire Bancorp Inc $11.01 USD -0.06
View Industry Companies

Industry Analysis


Industry Average

Valuation HAFC Industry Range
Price/Earnings 14.1x
Price/Sales 4.1x
Price/Book 1.5x
Price/Cash Flow 14.2x
TEV/Sales 3.0x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HANMI FINANCIAL CORPORATION, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at