HAFC

Financial Services

Hanmi Financial Corporation · Banks - Regional · $900M

UQS Score — Balanced Preset
50.7
Below Average

Hanmi Financial Corporation scores 50.7/100 using the Balanced preset.

UQS vs Financial Services Sector
HAFC
50.7
Sector avg
39.7
Quality
Good
Moat
Weak
Growth
Weak
Risk
Weak
Valuation
Attractive

What is Hanmi Financial Corporation?

Hanmi Financial Corporation is the holding company for Hanmi Bank, a community-focused institution serving small and mid-sized businesses across the United States. Founded in 1982 and headquartered in Los Angeles, the bank has built a strong presence in Korean-American and broader business communities.

Hanmi Bank generates revenue through traditional banking activities — accepting deposits and deploying capital into commercial real estate loans, business lending, and consumer credit products. The bank also serves small businesses through SBA lending programs and offers international trade finance services including letters of credit and import-export financing. Its branch network spans California and several other states, with loan production offices extending its geographic reach.

Hanmi Financial was incorporated in 1994 and is headquartered in Los Angeles, California.

  • Commercial real estate and construction loans
  • SBA and small business lending
  • International trade finance and letters of credit
  • Consumer loans, home equity, and residential mortgages

Is HAFC a Good Stock to Buy?

UQS Score rates HAFC as Good overall, reflecting a balanced profile with meaningful strengths offset by areas of concern.

The Quality and Risk pillars both register as Good, suggesting the bank maintains reasonable operational discipline and a manageable risk profile relative to sector peers. The Valuation pillar is rated Attractive, meaning the stock does not appear to be priced at a premium compared to its fundamentals.

The Moat and Growth pillars both register as Weak, indicating limited competitive differentiation and below-average growth momentum — common challenges for smaller community banks.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does HAFC pay dividends?

Yes — Hanmi Financial Corporation pays a dividend.

Hanmi Financial pays a regular dividend, which is typical for established community banks that generate steady net interest income. For income-oriented investors, this cadence can be appealing. The dividend reflects management's commitment to returning capital to shareholders while maintaining adequate reserves for lending operations.

When does HAFC report earnings?

Hanmi Financial reports earnings on a quarterly cadence, consistent with standard practice for US-listed bank holding companies.

As a community bank, Hanmi's quarterly results are shaped by net interest margin trends, loan growth, and credit quality. Changes in the interest rate environment and deposit competition tend to be key drivers of period-to-period variation.

For the most recent quarter's results and guidance, visit Hanmi Financial's investor relations page directly.

HAFC Price History

+64.1% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Hanmi Financial Corporation?

$
Today it would be worth
$17,795
That's a +78.0% total return, or +12.2% annualized.

Based on Hanmi Financial Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

HAFC Long-term Outlook

With Growth and Moat both rated Weak, the near-term fundamental outlook for HAFC is measured. The bank operates in a competitive community banking landscape where deposit pricing pressure and slower loan demand can weigh on earnings trajectory. However, the Good Risk rating suggests the balance sheet is not carrying outsized credit exposure, which provides a degree of stability.

Growth drivers

  • SBA lending expansion into underserved small business segments
  • International trade finance demand from import-export clients
  • Potential loan growth as interest rate conditions stabilize

Key risks

  • Compressed net interest margins in a competitive deposit environment
  • Limited geographic and product diversification relative to larger banks
  • Slower organic growth given the Weak Growth pillar rating

HAFC vs Peers

Hanmi Financial competes with other regional and community bank holding companies across similar business banking segments.

NBBKSimilar UQS
NB Bancorp, Inc.

NB Bancorp is a newer community banking entrant focused on the New England market, offering a different geographic footprint than Hanmi's West Coast and multi-state presence.

EGBNHAFC scores higher
Eagle Bancorp, Inc.

Eagle Bancorp concentrates on the Washington D.C. metro area, serving commercial real estate and business clients in a high-activity government-adjacent market.

FCBCHAFC scores higher
First Community Bankshares, Inc.

First Community Bankshares operates primarily across the Southeast and Mid-Atlantic, with a broader rural and suburban community banking focus compared to Hanmi's urban business banking orientation.

Frequently Asked Questions

What does Hanmi Financial do?

Hanmi Financial is the holding company for Hanmi Bank, which provides business banking, commercial real estate lending, SBA loans, and international trade finance services. The bank operates branches across California and several other states, serving small and mid-sized businesses as well as individual consumers.

Does HAFC pay dividends?

Yes, Hanmi Financial pays a regular dividend. This is consistent with the bank's position as an established community institution generating recurring net interest income. Investors should check the company's investor relations page for the current dividend rate and payment schedule.

When does HAFC report earnings?

Hanmi Financial reports on a quarterly cadence, as is standard for US-listed bank holding companies. For exact dates of upcoming earnings releases, refer to Hanmi Financial's investor relations page or major financial calendars.

Is HAFC a good stock to buy?

UQS Score rates HAFC as Good overall. The Valuation pillar is Attractive and the Risk pillar is Good, but Growth and Moat are both Weak. Whether that profile fits your investment goals depends on your priorities — the full pillar breakdown is available to UQS Pro members.

Is HAFC overvalued?

Based on the UQS Valuation pillar, HAFC is rated Attractive, suggesting the stock is not trading at a significant premium relative to its fundamentals. Community banks can sometimes trade at discounts to larger peers, and this rating reflects that relative positioning.

How does HAFC compare to its competitors?

Hanmi Financial occupies a niche in business banking with a notable focus on the Korean-American community and international trade finance — differentiators that peers like Eagle Bancorp or First Community Bankshares do not emphasize. However, its Weak Moat rating suggests this differentiation has not yet translated into a durable competitive advantage.

What is HAFC's market cap bracket?

Hanmi Financial is classified as a small-cap stock. This places it in a segment of the market that can offer growth potential but also carries higher volatility and liquidity risk compared to large-cap bank holding companies.

Who founded Hanmi Financial?

Hanmi Bank was founded in 1982 to serve the Korean-American business community in Los Angeles. The holding company, Hanmi Financial Corporation, was incorporated in 1994. Further founding details are available through publicly accessible corporate history records.

Is HAFC a long-term quality investment?

As a long-term quality indicator, HAFC's Good overall UQS Score reflects reasonable fundamentals but notable limitations in growth and competitive moat. Long-term investors should weigh the Attractive Valuation and Good Risk rating against the Weak Growth and Moat pillars before drawing conclusions.

What is the main competitive advantage of Hanmi Financial?

Hanmi Bank's primary differentiator is its deep roots in the Korean-American business community and its international trade finance capabilities, including letters of credit and import-export financing. However, the UQS Moat pillar rates this advantage as Weak, indicating it may not provide strong pricing power or barriers to competition.

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Pro Analysis

HAFC — Score History

4550556065Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 8 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 22, 202650.771.220.038.836.497.7-5.4
May 20, 202656.171.220.038.872.797.7+0.8
Apr 25, 202655.369.620.038.871.795.6-0.1
Apr 23, 202655.469.620.038.871.796.70.0
Apr 21, 202655.469.620.038.671.796.70.0
Apr 18, 202655.469.620.038.671.796.5-0.5
Apr 10, 202655.969.620.038.671.7100.00.0
Apr 2, 202655.969.620.038.771.7100.0

HAFC — Pillar Breakdown

Quality

71.2/100 (25%)

Hanmi Financial Corporation shows solid profitability with healthy returns on capital and reasonable margins.

Return on EquityModerate

Profitability relative to shareholders' equity.

Operating ProfitabilityModerate

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

38.8/100 (20%)

Hanmi Financial Corporation shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRModerate

Compound annual revenue growth rate over 3 years.

EPS GrowthStrong

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

36.4/100 (15%)

Hanmi Financial Corporation has some risk factors including moderate leverage or solvency concerns.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

97.8/100 (15%)

Hanmi Financial Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

20/100 (25%)

Hanmi Financial Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HAFC.

Score Composition

Quality
71.2×25%17.8
Growth
38.8×20%7.8
Risk
36.4×15%5.5
Valuation
97.8×15%14.7
Moat
20.0×25%5.0
Total
50.7Below Average

Financial Data

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How is the HAFC UQS Score Calculated?

The UQS (Unified Quality Score) for Hanmi Financial Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Hanmi Financial Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Hanmi Financial Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.