Hanmi Financial (HAFC)
Community bank lending to Korean-American and multi-ethnic small businesses across nine states.
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Runs a California state-chartered community bank serving Korean-American and other multi-ethnic small and mid-market businesses, with lending concentrated in commercial real estate, commercial and industrial credit, SBA loans, and trade finance tied to Korean, Chinese, and Vietnamese import-export flows across a nine-state branch network.
Operates as a California state-chartered community bank serving Korean-American and other multi-ethnic small and mid-market businesses across a nine-state footprint. Lending concentrates in commercial real estate, commercial and industrial credit, and Small Business Administration loans, supplemented by equipment lease financing.
Trade-finance letters of credit support import-export flows tied to Korean, Chinese, and Vietnamese business communities, a franchise the bank has run since the late 1980s. Deposits fund the loan book through checking, savings, money-market, and time-deposit accounts.
Grew from a single Los Angeles branch opened in 1982 into a multi-state network through a series of bank acquisitions. Branch density remains heaviest in California, with smaller clusters across Texas, the Northeast, and the Pacific Northwest.
Operates as a single reportable segment, with results tied to regional commercial real estate credit quality and community-bank regulatory oversight.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 23, 2026 | DA Davidson | Reiterate | Rating: —Target: $21 | Target: $34 |
| May 28, 2026 | Capital One Financial | Target | Target: — | Target: $32 |
| Apr 27, 2026 | Piper Sandler | Reiterate | Rating: —Target: $34 | Target: $35 |
| Feb 2, 2026 | Piper Sandler | Reiterate | Rating: —Target: $25.50 | Target: $34 |
| Dec 4, 2024 | Keefe, Bruyette & Woods | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.23B · Total debt $130.8M · Total assets $8.00B · Shareholders' equity $812.7M
- Revenue
- $55.6M
- Operating income
- −$17.0M
- Net income
- $23.5M
HistoryDividendAnnual yield
| Institutions | 96.40% | 28.70M shares | |
|---|---|---|---|
| 229 holders · as of Jun 30, 2026 | |||
| Insiders | 2.16% | 644.3K shares | |
| 17 holders · as of Jun 8, 2026 | |||
| Strategic holders | 7.46% | 2.22M shares | |
| 1 holder · as of Feb 8, 2021 | |||
| Adds to | 106.02% | ||
29.77M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 106.02%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.74% | 4.39M | as of Jun 30, 2026 |
FMR LLCStrategic | 7.46% | 2.22M | filed Feb 8, 2021 |
Massachusetts Financial Services Company ("MFS")Institution | 6.23% | 1.85M | filed Feb 14, 2020 |
Dimensional Fund Advisors LPInstitution | 6.00% | 1.79M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.29% | 1.58M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 8, 2026 | Anthony I. Kim | officer: Chief Banking Officer | −5,333 | $30.73 |
| Apr 28, 2026 | Matthew Fuhr | officer: Chief Credit Officer | −3,300 | $30.83 |
| Nov 24, 2025 | Joseph Pangrazio | officer: Chief Accounting Officer | −486 | $27.41 |
| Oct 24, 2025 | Daniel John Medici | director | +200 | $27.11 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Hanmi Financial | $31.88 | −0.33% | $951.9M | 10.8 | 9.8 | 2.5 | +10.1% |
| Bank of Hope | $13.75 | −0.22% | $1.76B | 13.8 | 10.6 | 1.7 | +56.3% |
| PCB | $27.67 | +0.04% | $393.7M | 9.6 | 9.5 | 1.9 | +4.8% |
| Preferred Bank | $105.84 | −0.42% | $1.26B | 9.7 | 9.9 | 2.5 | +4.0% |
| Cathay General Bancorp | $60.83 | +0.21% | $4.07B | 11.9 | 10.6 | 2.9 | +12.5% |
| East West Bancorp | $126.23 | +0.55% | $17.20B | 12.1 | 11.6 | 3.6 | +12.5% |
| RBB | $26.65 | −0.52% | $453.7M | 11.0 | 11.3 | 1.9 | +11.5% |
| Median | 11.4 | 10.6 | 2.2 | +12.0% |