Hanmi Financial beat EPS by 2.9% on shrinking credit losses that pushed net income up 56% year-over-year, but a 34% revenue decline and rising commercial real estate delinquencies signal headwinds ahead.
Hanmi Financial :
HAFC
HAFC
Stock Data
$32.47
$0.28 (0.87%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Hanmi Financial Corp, based in Los Angeles, California since 1982, operates Hanmi Bank, offering a wide range of business banking solutions across the United States. Its services include a variety of deposit accounts, from noninterest-bearing to certificates of deposit. Hanmi specializes in real estate and commercial loans, providing options for commercial properties, construction, and small businesses. Additionally, it supports international finance, trade services, and consumer lending, including home equity and residential mortgages. The bank also caters to small and middle market businesses with tailored financing solutions.
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