Stock of the Day - January 27, 2022

Hanmi Financial (HAFC)

$31.00

-$0.14 (-0.4%)

Market Cap: $923.28M

About Hanmi Financial

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, 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, such as commercial term loans and commercial lines of credit; and international finance and trade services and products, such as letters of credit, and import and export financing. In addition, it offers small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. The company was founded in 1982 and is headquartered in Los Angeles, California.

Today's Trend

Hanmi Financial Corporation (NASDAQ: HAFC) fell after its second-quarter earnings update, even though the bank beat profit expectations. Investors appear to be focusing on mixed operating results and cautious guidance rather than the EPS beat alone.

Hanmi reported second-quarter EPS of $0.79, topping the $0.77 consensus and nearly doubling year-ago earnings of $0.50 per share. Hanmi Reports 2026 Second Quarter Results
Management said it expects low- to mid-single-digit loan growth in 2026 while aiming to keep net interest margin stable, which suggests steady core banking performance ahead. Hanmi outlines low to mid-single-digit 2026 loan growth while targeting stable net interest margin
Revenue came in at $72.21 million, below the $74.03 million estimate, which offset some of the earnings strength and likely tempered enthusiasm. Hanmi Financial: Q2 Earnings Snapshot
Conference call coverage and presentation materials highlighted the quarter’s results but did not add a major new catalyst beyond the earnings release. Hanmi Financial Corporation 2026 Q2 - Results - Earnings Call Presentation
The market may be reacting to the revenue miss and modest growth outlook, suggesting the earnings beat was not strong enough to drive a bigger rally. Hanmi Financial (HAFC) Q2 Earnings Surpass Estimates

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