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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 deposit products, including noninterest-bearing checking, negotiable order of withdrawal, savings, and money market accounts, as well as certificates of deposit. It also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans comprising commercial term loan, and commercial lines of credit and international; equipment lease financing; and international finance and trade services and products, including letters of credit, and import and export financing. In addition, the company offers small business administration loans for business purposes, such as owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing. Hanmi Financial Corporation was founded in 1982 and is based in Los Angeles, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $270M | - | $76M | $204M | 9.6% | 15.7% | 22.3% |
| 2024 | $233M | - | $62M | $50M | 8.5% | -6.4% | -22.3% |
| 2023 | $250M | - | $80M | $107M | 11.4% | -8.2% | -21.1% |
| 2022 | $272M | - | $101M | $145M | 15.9% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 271.85 | 249.51 | 233.50 | 270.17 |
| Pretax Income | - | 140.73 | 114.58 | 88.60 | 107.93 |
| Tax Provision | - | 39.33 | 34.54 | 26.40 | 31.84 |
| Net Income | - | 101.39 | 80.04 | 62.20 | 76.09 |
| Net Income Common Stockholders | - | 100.84 | 79.54 | 61.70 | 75.47 |
| Interest Expense | - | 36.17 | 148.06 | 196.01 | 174.74 |
| Interest Income | - | 272.79 | 368.10 | 397.35 | 409.50 |
| Selling General And Administration | - | 79.78 | 84.50 | 86.40 | 90.78 |
| Normalized Income | - | 101.39 | 75.89 | 61.60 | 76.09 |
| Market Cap | 896.46 | 896.46 | 896.46 | 896.46 | 896.46 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Hanmi Financial Corporationthis co. | HAFC | - | 11.78↓ discount | 1.13 | 9.6% | - |
| Silvercrest Asset Management Group Inc. | SAMG | $107M | 23.59 | 2.04 | 5.8% | 9.86 |
| Sound Financial Bancorp, Inc. | SFBC | $98M | 14.04 | 0.96 | 6.5% | - |
| Kestrel Group Ltd | KG | $89M | 1.12 | 0.58 | 36.4% | - |
| Vroom, Inc. | VRM |
| - |
| - |
| - |
| - |
| - |
| - |
| $80M |
| - |
| 0.69 |
| -45.5% |
| 57.65 |
| Siebert Financial Corp. | SIEB | $72M | 13.46 | 0.79 | 5.7% | - |
| eHealth, Inc. | EHTH | $62M | - | 0.10 | 6.8% | 7.11 |
| MarketWise, Inc. | MKTW | $47M | 7.64 | -3.69 | -2.6% | -3.48 |
| GoHealth, Inc. | GOCO | $31M | - | 0.45 | 4834.1% | -7.69 |
| Peer Median | - | 13.46 | 0.63 | 6.1% | 7.11 | |