Hanmi Financial Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 8.99
Dividend & Yield1.00$ (3.76%)
Beta 1.01
Market capitalization 817.33M
Operating cash flow 128.65M
ESG Scores unknown

Company description

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 accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. It 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, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, the company offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; SBA and trade finance lending to small and middle market businesses; and 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. As of February 28, 2022, it operated a network of 35 full-service branches and 8 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 1982 and is headquartered in Los Angeles, California.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 4.21M -4.86M -2M 3.31M
Total Cashflows From Investing Activities -311.57M -44.55M -407.59M -447.04M
Net Borrowings -95M 35M 60M 82.39M
Total Cash From Financing Activities 236.48M -47.95M 617.55M 570.43M
Change To Operating Activities -2.43M -3.52M -10.09M 6M
Issuance Of Stock 570k 2.98M
Net Income 57.87M 32.79M 42.2M 98.68M
Change In Cash 1.55M -33.7M 270.17M 217.12M
Effect Of Exchange Rate
Total Cash From Operating Activities 76.64M 58.8M 60.2M 93.73M
Depreciation 11.11M 9.53M 10.95M 16.09M
Change To Account Receivables
Other Cashflows From Financing Activities 398.58M -48.27M 576.05M 511.26M
Change To Netincome 5.88M 24.85M 19.15M -30.34M
Capital Expenditures -3.7M -1.58M -4.39M -2.72M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 83.97M 47.35M 59.49M 135.49M
Net Income 57.87M 32.79M 42.2M 98.68M
Selling General Administrative 105.47M 109.51M 109.03M 114.88M
Gross Profit 201.54M 173.25M 177.55M 259.62M
Ebit
Operating Income 84.82M 49.08M 58.7M 135.17M
Interest Expense
Income Tax Expense 26.1M 14.56M 17.3M 36.82M
Total Revenue 201.54M 173.25M 177.55M 259.62M
Cost Of Revenue
Total Other Income ExpenseNet -846k -1.73M 799k 325k
Net Income From Continuing Ops 57.87M 32.79M 42.2M 98.68M
Net Income Applicable To Common Shares 57.51M 32.56M 41.66M 98.01M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 4.95B 4.97B 5.62B 6.22B
Total Stockholder Equity 552.57M 563.27M 577.04M 643.42M
Other Current Liabilities 173k 66k 1.32M
Total Assets 5.5B 5.54B 6.2B 6.86B
Common Stock 33k 33k 33k 33k
Other Current Assets 22.89M 17.83M 26.25M 25.32M
Retained Earnings 97.54M 100.55M 114.62M 196.78M
Treasury Stock -114.72M -113.13M -115.97M -134.2M
Cash 155.38M 121.68M 391.85M 608.97M
Total Current Liabilities 4.83B 4.77B 5.35B 5.87B
Other Stockholder Equity -6.08M 3.38M 3.08M -8.44M
Property, Plant, and Equipment 27.75M 62.57M 78.63M 71.09M
Total Current Assets 214.8M 158.01M 442.41M 657.99M
Net Tangible Assets 540.39M 551.39M 565.43M 632.02M
Net Receivables 8.31M 1.29M 2.08M
Accounts Payable 4.75B 4.7B 5.28B 5.79B


Insider Transactions

Here are the insider transactions of stock shares related to Hanmi Financial Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
AHN JOHN JStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
ROSENBLUM DAVID LStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
CHU CHRISTIE KStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
YANG MICHAEL MStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
CHUNG HARRY H. CPAStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
WILLIAMS THOMAS JAMESStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
DIEHL SCOTT R.Stock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
YU GIDEONStock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
LEE GLORIA J.Stock Award(Grant) at price 0.00 per share.D2022-05-25Director2.19k
SANTAROSA ROMOLO CStock Award(Grant) at price 0.00 per share.D2022-03-23Chief Financial Officer11.95k
SANTAROSA ROMOLO CStock Award(Grant) at price 0.00 per share.D2022-03-23Chief Financial Officer11.89k
LEE BONITA INSOOKStock Award(Grant) at price 0.00 per share.D2022-03-23Chief Executive Officer11.7k
LEE BONITA INSOOKStock Award(Grant) at price 0.00 per share.D2022-03-23Chief Executive Officer11.53k
PARK MIN SStock Award(Grant) at price 0.00 per share.D2022-03-23Officer847
PARK MIN SStock Award(Grant) at price 0.00 per share.D2022-03-23Officer835
FUHR MATTHEW DStock Award(Grant) at price 0.00 per share.D2022-03-23Officer1.51k
FUHR MATTHEW DStock Award(Grant) at price 0.00 per share.D2022-03-23Officer1.49k
DU MICHAELStock Award(Grant) at price 0.00 per share.D2022-03-23Officer1.08k
DU MICHAELStock Award(Grant) at price 0.00 per share.D2022-03-23Officer1.06k
KIM ANTHONY IStock Award(Grant) at price 0.00 per share.D2022-03-23Officer1.89k
KIM ANTHONY IStock Award(Grant) at price 0.00 per share.D2022-03-23Officer1.86k
YANG MICHAEL MPurchase at price 26.48 per share.I2022-02-04Director66
AHN JOHN JStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
ROSENBLUM DAVID LStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
CHU CHRISTIE KStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
YANG MICHAEL MStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
CHUNG HARRY H. CPAStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
WILLIAMS THOMAS JAMESStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
CHOI KIHOStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
DIEHL SCOTT R.Stock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
YU GIDEONStock Award(Grant) at price 0.00 per share.D2021-05-26Director1.99k
SANTAROSA ROMOLO CStock Award(Grant) at price 0.00 per share.D2021-03-24Chief Financial Officer4.76k
LEE BONITA INSOOKStock Award(Grant) at price 0.00 per share.D2021-03-24Chief Executive Officer12.5k
PARK MIN SStock Award(Grant) at price 0.00 per share.D2021-03-24Officer1.12k
FUHR MATTHEW DStock Award(Grant) at price 0.00 per share.D2021-03-24Officer1.67k
DU MICHAELStock Award(Grant) at price 0.00 per share.D2021-03-24Officer1.42k
KIM ANTHONY IStock Award(Grant) at price 0.00 per share.D2021-03-24Officer2.14k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Hanmi Financial Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Hanmi Financial Corp

Here is the result of two systematic investment strategies applied to Hanmi Financial Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Hanmi Financial Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Hanmi Financial Corp:

Hanmi Financial Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 56.57% on the backtest period.

Performance at glance

Performance

56.57 %

Latent gain

987.74 $

Invested capital

1745.98 $

Annualized return

13.8 %
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Momentum strategy results on Hanmi Financial Corp

This is the result of two momentum investment strategies applied to Hanmi Financial Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Hanmi Financial Corp

The following chart shows all the entries opened by the momentum investment system on Hanmi Financial Corp:

Hanmi Financial Corp momentum entries
  • The first momentum investment strategy would give 51.9% of return on Hanmi Financial Corp. That represents 2351.36$ of latent gain with 4530.9$ of employed capital.
  • The second momentum investment strategy would give 62.45% of return on Hanmi Financial Corp. That represents 1419.71$ of latent gain with 2273.21$ of employed capital.
Performance at glance (1Q Momentum)

Performance

51.9 %

Latent gain

2351.36 $

Invested capital

4530.9 $

Annualized return

16.93 %
Performance at glance (2Q Momentum)

Performance

62.45 %

Latent gain

1419.71 $

Invested capital

2273.21 $

Annualized return

17.25 %

Momentum equity curve on Hanmi Financial Corp

The following chart shows the equity curve of the two momentum strategies applied to Hanmi Financial Corp:

Hanmi Financial Corp momentum equity

Note: the dividends potentially given by Hanmi Financial Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hanmi Financial Corp

The following chart shows the employed capital evolution of the two momentum strategies on Hanmi Financial Corp since the beginning:

Hanmi Financial Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Hanmi Financial Corp

Buy the dip entry openings on Hanmi Financial Corp

Hanmi Financial Corp

The performance achieved by the robo-advisor on Hanmi Financial Corp is 35.56%. That represents 88.06$ of latent gain with 247.66$ of employed capital. The following chart shows Hanmi Financial Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Hanmi Financial Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

35.56 %

Latent gain

88.06 $

Invested capital

247.66 $

Annualized return

16.93 %

Equity curve of the strategy applied to Hanmi Financial Corp

The following chart shows the result of the investment strategy applied to Hanmi Financial Corp:

Hanmi Financial Corp

Note: the dividends potentially given by Hanmi Financial Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hanmi Financial Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Hanmi Financial Corp:

Hanmi Financial Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Hanmi Financial Corp

In this section, I will compare the three previous investment strategies applied to Hanmi Financial Corp.

Equity curve comparison on Hanmi Financial Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Hanmi Financial Corp investment strategy comparison

Employed capital comparison on Hanmi Financial Corp

Hanmi Financial Corp investment comparison

Performance comparison on Hanmi Financial Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 56.57% 987.74$ 1745.98$ 13.8%
Momentum 1 quarter 51.9% 2351.36$ 4530.9$ 13.45%
Momentum 2 quarters 62.45% 1419.71$ 2273.21$ 17.25%
Non-directional 35.56% 88.06$ 247.66$ 16.93%
Annualized return comparison

Automatic investment

13.8 %

Momentum 1Q

17.25 %

Momentum 2Q

17.25 %

Non-directional

16.93 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Hanmi Financial Corp:

Positive correlations

Most correlated stocks this year

  • Hanmi Financial Corp
  • SmartFinancial Inc

  • Most correlated stocks last 3 months

  • Steel Connect Inc
  • United Insurance Holdings Corp
  • Codorus Valley Bancorp Inc
  • Sandridge Energy Inc New
  • Cedar Fair L.P.
  • Big 5 Sporting Goods Corp
  • Mistras Group Inc
  • Customers Bancorp Inc
  • Flushing Financial Corp
  • Franklin Resources Inc
  • Hawaiian Holdings Inc
  • Capital City Bank Group Inc
  • First Of Long Island Corp
  • Pitney Bowes Inc
  • Steelcase Inc - Class A
  • Cass Information Systems Inc
  • Earthstone Energy Inc - Class A
  • Esquire Financial Holdings Inc
  • Inspired Entertainment Inc
  • Spirit Aerosystems Holdings Inc - Class A
  • CTS Corp
  • Belden Inc
  • Hyster-Yale Materials Handling Inc - Class A
  • MidWestOne Financial Group Inc
  • Radian Group Inc
  • Discover Financial Services
  • Raytheon Technologies Corporation
  • First Citizens Bancshares Inc (NC) - Class A
  • Byline Bancorp Inc
  • Hanmi Financial Corp
  • SmartFinancial Inc
  • Bar Harbor Bankshares Inc
  • First Financial Bancorp
  • CNB Financial Corp (PA)
  • SouthState Corporation
  • Ryerson Holding Corp
  • Sumitomo Mitsui Financial Group Inc
  • MGIC Investment Corp
  • Reliance Steel & Aluminum Company
  • EPR Properties
  • Lloyds Banking Group plc
  • NMI Holdings Inc - Class A
  • Banco Latinoamericano De Comercio Exterior SA - Cl
  • Sinclair Broadcast Group Inc - Class A
  • Carter Bankshares Inc
  • Eloxx Pharmaceuticals Inc
  • HomeTrust Bancshares Inc
  • Republic First Bancorp Inc
  • NI Holdings Inc
  • CTO Realty Growth Inc - New - New
  • Hingham Institution For Savings
  • CohBar Inc
  • Toyota Motor Corporation
  • Caleres Inc
  • Allscripts Healthcare Solutions Inc
  • Walgreens Boots Alliance Inc
  • TEGNA Inc
  • Frontline Ltd
  • Industrias Bachoco S.A.B. DE C.V.
  • Marchex Inc - Class B
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Astronics Corp
  • Kimbell Royalty Partners LP
  • Carriage Services Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • First Seacoast Bancorp

  • Note: The algorithm computes the probability of correlation between Hanmi Financial Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Hanmi Financial Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Hanmi Financial Corp
    Country United States
    City Los Angeles
    Address 900 Wilshire Boulevard
    Phone 213 382 2200
    Website www.hanmi.com
    FullTime employees 586
    Industry Banks—Regional
    Sector Financial Services
    Exchange XNAS
    Ticker HAFC
    Market www.nasdaq.com

    Hanmi Financial Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown