HAFC Stock Analysis: Hanmi Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 935m USD | 12M Return: 39.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.61M
EPS Trend: 11.2%
Qual. Beats: 0
Rev. Trend: 45.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hanmi Financial Corporation is the holding company for Hanmi Bank, a U.S.-based business bank headquartered in Los Angeles, California, founded in 1982 and listed on NASDAQ under the ticker HAFC. The company serves the small and mid-sized business segment through a range of deposit products-including noninterest-bearing checking, NOW, savings, money market accounts, and certificates of deposit-and a diversified lending portfolio covering commercial real estate, construction, residential property, commercial and industrial loans, equipment lease financing, and international trade finance such as letters of credit and import/export financing.
As a regional bank, Hanmi Financial concentrates on commercial and small business lending within its core market rather than consumer retail banking, and it is a participating SBA lender, offering loans tailored to commercial real estate, acquisitions, franchise financing, working capital, and debt refinancing. The company operates as a small-cap financial with a market capitalization of approximately $929 million USD and has been publicly traded since its 1996 IPO.
- Net interest margin compresses as Fed cuts rates
- Commercial real estate loan portfolio faces credit quality headwinds
- SBA lending growth and core deposit franchise expansion support revenue
| Net Income: 89.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.91 > 1.0 |
| NWC/Revenue: -1.44k% < 20% (prev -1.28k%; Δ -157.2% < -1%) |
| CFO/TA 0.03 > 3% & CFO 204.0m > Net Income 89.4m |
| Net Debt (-1.10b) to EBITDA (66.7m): -16.46 < 3 |
| Current Ratio: 0.20 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.8m) vs 12m ago -0.94% < -2% |
| Gross Margin: 56.36% > 18% (prev 53.93%; Δ 2.43% > 0.5%) |
| Asset Turnover: 4.86% > 50% (prev 5.49%; Δ -0.63% > 0%) |
| Interest Coverage Ratio: 0.40 > 6 (EBIT TTM 66.6m / Interest Expense TTM 164.8m) |
| A: -0.69 (Total Current Assets 1.43b - Total Current Liabilities 6.98b) / Total Assets 8.00b |
| B: 0.05 (Retained Earnings 423.5m / Total Assets 8.00b) |
| C: 0.01 (EBIT TTM 66.6m / Avg Total Assets 7.93b) |
| D: 0.11 (Book Value of Equity 812.7m / Total Liabilities 7.19b) |
| Altman-Z'' = -4.21 = D |
| DSRI: 0.44 (Receivables 24.6m/63.3m, Revenue 385.8m/431.9m) |
| GMI: 0.96 (GM 53.93% / 56.36%) |
| AQI: 0.99 (AQ_t 0.82 / AQ_t-1 0.83) |
| SGI: 0.89 (Revenue 385.8m / 431.9m) |
| TATA: -0.01 (NI 89.4m - CFO 204.0m) / TA 8.00b) |
| Beneish M = -3.61 (Cap -4..+1) = AAA |
As of July 28, 2026, the stock is trading at USD 31.64 with a total of 285,355 shares traded. Over the past week, the price has changed by -1.71%, over one month by -2.38%, over three months by +3.86% and over the past year by +39.70%.
Current recommended Stop Loss: 30.60 (which is 3.3% or 1.2 ATR below the current price).
Hanmi Financial has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold HAFC.
- StrongBuy: 1
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.6 | 6.3% |
P/E Trailing = 12.1236
P/E Forward = 8.6207
P/S = 3.3631
P/B = 1.2039
P/EG = 1.3855
Revenue TTM = 385.8m USD
EBIT TTM = 66.6m USD
EBITDA TTM = 66.7m USD
Long Term Debt = 130.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 150.0m USD (from shortTermDebt, last fiscal year)
Debt = 130.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.10b USD (calculated: Debt 130.8m - CCE 1.23b)
Enterprise Value = 934.7m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.40 (Ebit TTM 66.6m / Interest Expense TTM 164.8m)
EV/FCF = 4.64x (Enterprise Value 934.7m / FCF TTM 201.3m)
FCF Yield = 21.54% (FCF TTM 201.3m / Enterprise Value 934.7m)
FCF Margin = 52.19% (FCF TTM 201.3m / Revenue TTM 385.8m)
Net Margin = 23.16% (Net Income TTM 89.4m / Revenue TTM 385.8m)
Gross Margin = 56.36% ((Revenue TTM 385.8m - Cost of Revenue TTM 168.4m) / Revenue TTM)
Gross Margin QoQ = 29.92% (prev 61.87%)
Tobins Q-Ratio = 0.12 (Enterprise Value 934.7m / Total Assets 8.00b)
Interest Expense / Debt = 126.0% (Interest Expense 164.8m / Debt 130.8m)
Taxrate = 27.96% (34.7m / 124.0m)
NOPAT = 48.0m (EBIT 66.6m * (1 - 27.96%))
Current Ratio = 0.20 (Total Current Assets 1.43b / Total Current Liabilities 6.98b)
Debt / Equity = 0.16 (Debt 130.8m / totalStockholderEquity, last quarter 812.7m)
Debt / EBITDA = -16.46 (Net Debt -1.10b / EBITDA 66.7m)
Debt / FCF = -5.45 (Net Debt -1.10b / FCF TTM 201.3m)
Total Stockholder Equity = 797.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.13% (Net Income 89.4m / Total Assets 8.00b)
RoE = 11.20% (Net Income TTM 89.4m / Total Stockholder Equity 797.9m)
RoCE = 7.17% (EBIT 66.6m / Capital Employed (Equity 797.9m + L.T.Debt 130.5m))
RoIC = 4.17% (NOPAT 48.0m / Invested Capital 1.15b)
WACC = 7.31% (E(934.7m)/V(1.07b) * Re(8.33%) + (debt cost/tax rate unavailable))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -92.53 | Cagr: -0.52%
[DCF] Terminal Value 77.97% ; FCFF base≈139.9m ; Y1≈160.3m ; Y5≈236.0m
[DCF] Fair Price = 156.2 (EV 3.55b - Net Debt -1.10b = Equity 4.65b / Shares 29.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 11.20 | EPS CAGR: 1.63% | SUE: 0.35 | # QB: 0
Revenue Correlation: 45.23 | Revenue CAGR: 2.58% | SUE: -0.29 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.81 | Chg30d=+0.00% | Revisions=+57% | Analysts=3
EPS current Year (2026-12-31): EPS=3.16 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+25.9% | GrowthRev=+11.2%
EPS next Year (2027-12-31): EPS=3.40 | Chg30d=-0.73% | Revisions=+25% | GrowthEPS=+7.4% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +67% (up=6, down=0)