HAFC

Hanmi Financial Corp

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Advanced Chart

24.000

+0.340(+1.440%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

24.085

Open

23.740

VWAP

23.94

Vol

115.29K

Mkt Cap

725.09M

Low

23.700

Amount

2.76M

EV/EBITDA(TTM)

6.34

Total Shares

30.39M

634.11M

EV/OCF(TTM)

2.16

P/S(TTM)

3.07

Hanmi Financial Corporation is a holding company of Hanmi Bank (the Bank). The Bank serves multi-ethnic communities through its network of 35 full-service branches and eight loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. The Bank is a California state-chartered financial institution. The Bank specializes in real estate, commercial, small business administration (SBA) and trade finance lending to small and middle market businesses. The Bank originates loans for its own portfolio and for sale in the secondary market. Its lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term, commercial lines of credit and international), equipment lease financing and SBA loans. The Bank maintains a small construction portfolio for multifamily and commercial and industrial properties within its market areas.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

65.55M

+15.66%

0.610

+27.08%

67.95M

+16.18%

0.650

+32.65%

68.90M

+13.31%

0.665

+14.66%

Estimates Revision

The market is revising No Change the revenue expectations for Hanmi Financial Corporation (HAFC) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -3.19%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.87%

In Past 3 Month

Stock Price

Go Down

-3.19%

In Past 3 Month

4 Analyst Rating

13.21% Upside

Wall Street analysts forecast HAFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAFC is 27.17 USD with a low forecast of 26.00 USD and a high forecast of 28.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

3 Hold

0 Sell

Hold

13.21% Upside

Current: 24.000

Low

26.00

Averages

27.17

High

28.50

13.21% Upside

Current: 24.000

Low

26.00

Averages

27.17

High

28.50

DA Davidson

Gary Tenner

Hold

Maintains

$28

2025-01-30

Reason

DA Davidson

Gary Tenner

Price Target

$28

2025-01-30

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Kelly Motta

Buy

Hold

Downgrades

$24 → $29

2024-12-04

Reason

Keefe, Bruyette & Woods

Kelly Motta

Price Target

$24 → $29

2024-12-04

Downgrades

Buy

Hold

Reason

Keefe Bruyette downgraded Hanmi Financial to Market Perform from Outperform with a price target of $29, up from $24. The stock's risk/reward is more balanced following what has been the best share performance among its small bank peers quarter-to-date, the analyst tells investors in a research note. The firm says Hanmi shares now trade in line with its closest peers and are in line with its historical average following the recent outperformance.

Janney Montgomery Scott

Timothy Coffey

Hold

Strong Buy

Upgrades

n/a

2024-11-15

Reason

Janney Montgomery Scott

Timothy Coffey

Price Target

n/a

2024-11-15

Upgrades

Hold

Strong Buy

Reason

Janney Montgomery Scott analyst Timothy Coffey upgraded Hanmi Financial to Buy from Neutral.

Piper Sandler

Matthew Clark

Hold

Buy

Upgrades

$20 → $26

2024-10-24

Reason

Piper Sandler

Matthew Clark

Price Target

$20 → $26

2024-10-24

Upgrades

Hold

Buy

Reason

Jones Trading

Jason Weaver

Hold

Reiterates

n/a

2024-10-23

Reason

Jones Trading

Jason Weaver

Price Target

n/a

2024-10-23

Reiterates

Hold

Reason

Wedbush

David Chiaverini

Hold

Reiterates

$21

2024-10-23

Reason

Wedbush

David Chiaverini

Price Target

$21

2024-10-23

Reiterates

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Hanmi Financial Corp (HAFC.O) is 9.16, compared to its 5-year average forward P/E of 8.52. For a more detailed relative valuation and DCF analysis to assess Hanmi Financial Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

8.52

Current PE

9.16

Overvalued PE

10.01

Undervalued PE

7.02

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.30

Current PS

2.67

Overvalued PS

2.81

Undervalued PS

1.80