HAFC

MKT CAP:$896M

Hanmi Financial Corporation

Market Cap

$896M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$29.66+$2.81 (+10.47%)

Apr 22, 2026

Company Details

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers various deposit products, including noninterest-bearing checking accoun...

CEO

Bonita I. Lee

IPO Date

Apr 6, 1994

Website

www.hanmi.com

Key Metrics TTM

Revenue

$440M

+2.4% YoY

Net Income

$81M

EPS (Diluted)

$2.68

Free Cash Flow

$204M

Revenue / Share

$14.75

Gross Margin

58.8%

Operating Margin

23.8%

Net Margin

18.4%

FCF Margin

46.3%

P/S

2.0x

P/E

11.1x

Earnings Reports

Q1 2026

Apr 21, 2026

NEW

$102M-4.5%EPS $0.75

FY 2025

Feb 27, 2026

$445M+3.5%EPS $2.51

Q4 2025

Feb 27, 2026

$113M+5.1%EPS $0.70

Q3 2025

Nov 7, 2025

$115M+6.6%EPS $0.73

Q2 2025

Aug 8, 2025

$109M+2.5%EPS $0.50

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$73M	$67M	$35M
Q3 22	$80M	$71M	$38M
Q4 22	$90M	$72M	$38M
Q1 23	$96M	$64M	$31M
Q2 23	$97M	$61M	$29M
Q3 23	$101M	$57M	$27M
Q4 23	$104M	$63M	$27M
Q1 24	$107M	$58M	$22M
Q2 24	$107M	$56M	$20M
Q3 24	$108M	$55M	$21M
Q4 24	$107M	$60M	$25M
Q1 25	$107M	$60M	$25M
Q2 25	$109M	$58M	$21M
Q3 25	$115M	$69M	$31M
Q4 25	$113M	$69M	$30M
Q1 26	$102M	$63M	$22M

Valuation

Quarter	P/S	P/E
Q2 22	2.6x	6.5x
Q3 22	2.6x	6.9x
Q4 22	2.4x	7.3x
Q1 23	1.7x	5.4x
Q2 23	1.3x	4.7x
Q3 23	1.3x	5.4x
Q4 23	1.4x	7.2x
Q1 24	1.1x	6.4x
Q2 24	1.2x	7.3x
Q3 24	1.3x	8.8x
Q4 24	1.6x	11.3x
Q1 25	1.6x	10.5x
Q2 25	1.7x	11.3x
Q3 25	1.7x	10.2x
Q4 25	1.9x	10.8x
Q1 26	1.8x	9.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$20M	$20M
Q2 22	$31M	$30M
Q3 22	$50M	$49M
Q4 22	$47M	$47M
Q1 23	$36M	$36M
Q2 23	$34M	$33M
Q3 23	$29M	$31M
Q4 23	$8M	$6M
Q1 24	$30M	$29M
Q2 24	$2M	$1M
Q3 24	$6M	$5M
Q4 24	$16M	$15M
Q1 25	$26M	$26M
Q2 25	-$19M	-$20M
Q3 25	$147M	$146M
Q4 25	$52M	$51M

Capital Expenditures

Quarter	CapEx
Q1 22	$617.0K
Q2 22	$784.0K
Q3 22	$349.0K
Q4 22	$176.0K
Q1 23	$617.0K
Q2 23	$1M
Q3 23	$1M
Q4 23	$2M
Q1 24	$794.0K
Q2 24	$769.0K
Q3 24	$217.0K
Q4 24	$840.0K
Q1 25	$263.0K
Q2 25	$569.0K
Q3 25	$560.0K
Q4 25	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+14.4%	+14.9%
Q3 22	+18.4%	+37.7%
Q4 22	+40.4%	+147.9%
Q1 23	+46.2%	+77.5%
Q2 23	+33.4%	+81.5%
Q3 23	+26.1%	+76.8%
Q4 23	+15.8%	+48.1%
Q1 24	+12.2%	+33.0%
Q2 24	+10.3%	+27.6%
Q3 24	+6.6%	+16.4%
Q4 24	+3.5%	+7.5%
Q1 25	-0.3%	-4.4%
Q2 25	+2.5%	+2.2%
Q3 25	+6.6%	-3.7%
Q4 25	+5.1%	+0.8%
Q1 26	-4.5%	-2.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$541.0K	0.8%
Q2 22	$681.0K	0.9%
Q3 22	$664.0K	0.8%
Q4 22	$709.0K	0.8%
Q1 23	$652.0K	0.7%
Q2 23	$508.0K	0.5%
Q3 23	$778.0K	0.8%
Q4 23	$743.0K	0.7%
Q1 24	$775.0K	0.7%
Q2 24	$960.0K	0.9%
Q3 24	$920.0K	0.9%
Q4 24	$920.0K	0.9%
Q1 25	$873.0K	0.8%
Q2 25	$883.0K	0.8%
Q3 25	$943.0K	0.8%
Q4 25	$899.0K	0.8%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$19M	$660.0K
Q3 22	$19M	$1M
Q4 22	$20M	$973.0K
Q1 23	$21M	$833.0K
Q2 23	$20M	$748.0K
Q3 23	$20M	$534.0K
Q4 23	$20M	$991.0K
Q1 24	$22M	$907.0K
Q2 24	$20M	$669.0K
Q3 24	$21M	$631.0K
Q4 24	$20M	$821.0K
Q1 25	$21M	$585.0K
Q2 25	$22M	$798.0K
Q3 25	$22M	$712.0K
Q4 25	$2M	$1M
Q1 26	$38M	$688.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$217M	$860M	$1.1B
Q3 22	$275M	$830M	$1.1B
Q4 22	$352M	$854M	$1.2B
Q1 23	$386M	$879M	$1.3B
Q2 23	$345M	$837M	$1.2B
Q3 23	$289M	$817M	$1.1B
Q4 23	$302M	$866M	$1.2B
Q1 24	$256M	$872M	$1.1B
Q2 24	$313M	$878M	$1.2B
Q3 24	$288M	$909M	$1.2B
Q4 24	$305M	$906M	$1.2B
Q1 25	$329M	$95M	$424M
Q2 25	$380M	$890M	$1.3B
Q3 25	$216M	$877M	$1.1B
Q4 25	$213M	$881M	$1.1B
Q1 26	$254M	$836M	$1.1B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	30M	+0.1%	-0.4%
Q3 22	30M	-0.0%	-0.5%
Q4 22	30M	+0.1%	+0.4%
Q1 23	30M	-0.0%	+0.2%
Q2 23	30M	-0.1%	-0.1%
Q3 23	30M	-0.3%	-0.3%
Q4 23	30M	-0.1%	-0.6%
Q1 24	30M	-0.4%	-1.0%
Q2 24	30M	+0.0%	-0.8%
Q3 24	30M	-0.3%	-0.9%
Q4 24	30M	-0.1%	-0.8%
Q1 25	30M	+0.2%	-0.2%
Q2 25	30M	-0.0%	-0.3%
Q3 25	30M	-0.3%	-0.3%
Q4 25	30M	-0.2%	-0.4%
Q1 26	30M	-0.3%	-0.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$122.7K	591
Q3 22	$136.0K	591
Q4 22	$143.3K	626
Q1 23	$152.8K	626
Q2 23	$154.6K	626
Q3 23	$161.8K	626
Q4 23	$168.9K	615
Q1 24	$174.5K	615
Q2 24	$173.5K	615
Q3 24	$175.6K	615
Q4 24	$180.0K	597
Q1 25	$179.2K	597
Q2 25	$183.3K	597
Q3 25	$192.8K	597
Q4 25	$185.1K	610
Q1 26	$167.5K	610

Revenue / Employee