Hanmi Financial Financials

HAFC Stock  USD 26.45  0.30  1.12%   
Based on the analysis of Hanmi Financial's profitability, liquidity, and operating efficiency, Hanmi Financial may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Hanmi Financial's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 67.6 M, whereas Total Assets are forecasted to decline to about 4.2 B. Key indicators impacting Hanmi Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.340.3212
Notably Up
Very volatile
Return On Assets0.00540.0106
Way Down
Slightly volatile
Return On Equity0.120.114
Sufficiently Up
Pretty Stable
Debt Equity Ratio0.70.6483
Significantly Up
Slightly volatile
Operating Income14.6 M15.4 M
Notably Down
Slightly volatile
Current Ratio0.680.7196
Notably Down
Very volatile
The financial analysis of Hanmi Financial is a critical element in measuring its lifeblood. Investors should not minimize Hanmi Financial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

84.04 Million

  
Understanding current and past Hanmi Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hanmi Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Hanmi Financial's assets may result in an increase in income on the income statement.
Please note, the presentation of Hanmi Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hanmi Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hanmi Financial's management manipulating its earnings.

Hanmi Financial Stock Summary

Hanmi Financial competes with OP Bancorp, PCB Bancorp, Heritage Commerce, Riverview Bancorp, and Hope Bancorp. Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company was founded in 1982 and is headquartered in Los Angeles, California. Hanmi Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 586 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4104952043
CUSIP410495204 410495105
LocationCalifornia; U.S.A
Business Address900 Wilshire Boulevard,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.hanmi.com
Phone213 382 2200
CurrencyUSD - US Dollar

Hanmi Financial Key Financial Ratios

Hanmi Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.2B6.9B7.4B7.6B4.2B
Other Current Liab(11.2M)(47.3M)(95.2M)(7.8M)2.7B2.8B
Net Debt86.7M(122.9M)(256.5M)427.0M152.7M160.3M
Retained Earnings100.6M114.6M196.8M269.5M319.0M335.0M
Accounts Payable11.2M4.6M1.2M7.8M39.3M41.3M
Cash121.7M391.8M609.0M352.4M302.3M196.2M
Other Assets3.6B3.8B3.9B4.7B(1.9B)(1.8B)
Net Receivables495.6M439.6M499.3M613.3M627.1M658.5M
Total Liab5.0B5.6B6.2B6.7B6.9B4.4B
Total Current Assets1.3B1.6B2.0B1.8B2.2B2.7B
Inventory(133.5M)(454.6M)(665.7M)(423.3M)(5.8B)(5.5B)
Other Current Assets133.5M454.6M665.7M423.3M361.7M343.6M
Intangible Assets842K581K364K194K68K64.6K
Long Term Debt118.4M119.0M352.5M479.4M205.0M158.8M
Treasury Stock(108.6M)(116.5M)(119.0M)(125.8M)(113.2M)(118.8M)
Short Term Debt46.4M57.5M50M300M250M262.5M
Net Tangible Assets551.4M565.4M632.0M626.3M720.2M548.9M
Long Term Debt Total117.8M118.4M119.0M215.0M247.3M259.6M
Capital Surpluse569.7M575.8M578.4M580.8M667.9M619.8M

Hanmi Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense70.9M43.0M21.6M36.2M148.1M155.5M
Total Revenue203.4M224.0M235.5M271.8M249.2M174.0M
Gross Profit187.0M214.0M226.0M271.8M237.9M166.1M
Operating Income47.3M59.5M135.5M161.8M15.4M14.6M
Ebit47.3M(1.3M)3.4M140.7M2.0M1.9M
Ebitda56.9M9.6M8.1M155.8M15.4M14.6M
Income Before Tax47.3M59.5M135.5M140.7M114.6M120.3M
Net Income32.8M42.2M98.7M101.4M80.0M84.0M
Income Tax Expense14.6M17.3M36.8M39.3M34.5M18.6M
Cost Of Revenue16.4M10.0M9.6M11.3M10.1M14.0M
Tax Provision14.6M17.3M36.8M39.3M35.3M25.0M
Net Interest Income174.7M180.0M194.1M236.6M231.5M205.1M
Interest Income245.6M223.0M215.7M272.8M353.2M255.6M

Hanmi Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(33.7M)270.2M217.1M(256.5M)(50.1M)(47.6M)
Free Cash Flow57.2M55.8M91.0M145.4M105.4M68.7M
Depreciation9.5M11.0M16.1M15.1M9.2M7.8M
Other Non Cash Items(1.9M)(7.9M)8.4M(26.4M)(5.4M)(5.1M)
Dividends Paid29.8M16.0M16.5M28.6M30.5M32.1M
Capital Expenditures1.6M4.4M2.7M1.9M2.4M2.0M
Net Income32.8M42.2M98.7M101.4M80.0M84.0M
End Period Cash Flow121.7M391.8M609.0M352.4M302.3M214.8M
Investments(49.3M)(404.2M)(181.7M)(881.5M)(219.2M)(230.1M)
Net Borrowings35M60M82.4M125.2M144.0M151.2M
Change To Netincome(63.0M)(75.5M)(30.3M)8.7M10.0M10.5M

Hanmi Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hanmi Financial's current stock value. Our valuation model uses many indicators to compare Hanmi Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hanmi Financial competition to find correlations between indicators driving Hanmi Financial's intrinsic value. More Info.
Hanmi Financial is rated # 4 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hanmi Financial is roughly  10.74 . At present, Hanmi Financial's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hanmi Financial's earnings, one of the primary drivers of an investment's value.

Hanmi Financial Systematic Risk

Hanmi Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hanmi Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Hanmi Financial correlated with the market. If Beta is less than 0 Hanmi Financial generally moves in the opposite direction as compared to the market. If Hanmi Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hanmi Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hanmi Financial is generally in the same direction as the market. If Beta > 1 Hanmi Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Hanmi Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanmi Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hanmi Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.33)

At present, Hanmi Financial's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Hanmi Financial November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hanmi Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hanmi Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hanmi Financial based on widely used predictive technical indicators. In general, we focus on analyzing Hanmi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanmi Financial's daily price indicators and compare them against related drivers.

Complementary Tools for Hanmi Stock analysis

When running Hanmi Financial's price analysis, check to measure Hanmi Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanmi Financial is operating at the current time. Most of Hanmi Financial's value examination focuses on studying past and present price action to predict the probability of Hanmi Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanmi Financial's price. Additionally, you may evaluate how the addition of Hanmi Financial to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Commodity Directory
Find actively traded commodities issued by global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets