Hanmi Financial’s (HAFC) Neutral Rating Reiterated at DA Davidson

Hanmi Financial (NASDAQ:HAFC)‘s stock had its “neutral” rating restated by research analysts at DA Davidson in a research note issued to investors on Thursday,Benzinga reports. They presently have a $29.50 price target on the bank’s stock. DA Davidson’s target price suggests a potential upside of 12.19% from the stock’s current price.

A number of other brokerages have also recently issued reports on HAFC. Weiss Ratings reissued a “buy (b-)” rating on shares of Hanmi Financial in a report on Monday, December 29th. Keefe, Bruyette & Woods increased their price target on Hanmi Financial from $29.00 to $30.50 and gave the stock a “market perform” rating in a research report on Wednesday, October 22nd. Wall Street Zen lowered Hanmi Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 24th. Finally, Zacks Research downgraded Hanmi Financial from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 26th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $29.33.

Hanmi Financial Stock Performance

Shares of HAFC stock traded up $1.53 on Thursday, hitting $26.30. 232,568 shares of the stock traded hands, compared to its average volume of 279,718. The company’s fifty day moving average is $28.07 and its 200 day moving average is $26.03. Hanmi Financial has a 1-year low of $19.25 and a 1-year high of $30.20. The company has a market capitalization of $787.54 million, a PE ratio of 11.03 and a beta of 0.72. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97.

Hanmi Financial (NASDAQ:HAFC) last released its quarterly earnings data on Tuesday, January 27th. The bank reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.01). Hanmi Financial had a return on equity of 9.95% and a net margin of 17.10%.The business had revenue of $134.06 million during the quarter, compared to analyst estimates of $71.40 million. On average, equities research analysts predict that Hanmi Financial will post 2.6 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hanmi Financial

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its position in shares of Hanmi Financial by 8.1% during the 1st quarter. Royal Bank of Canada now owns 16,441 shares of the bank’s stock worth $372,000 after buying an additional 1,234 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Hanmi Financial by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,892 shares of the bank’s stock valued at $405,000 after acquiring an additional 780 shares during the period. Empowered Funds LLC increased its stake in shares of Hanmi Financial by 5.4% during the first quarter. Empowered Funds LLC now owns 114,624 shares of the bank’s stock valued at $2,597,000 after acquiring an additional 5,920 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Hanmi Financial by 26.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,708 shares of the bank’s stock worth $1,942,000 after purchasing an additional 18,112 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Hanmi Financial by 352.6% in the first quarter. Jane Street Group LLC now owns 44,723 shares of the bank’s stock worth $1,013,000 after purchasing an additional 34,841 shares during the period. Institutional investors and hedge funds own 88.66% of the company’s stock.

Hanmi Financial News Roundup

Here are the key news stories impacting Hanmi Financial this week:

• Positive Sentiment: Board boosts dividend and expands share‑repurchase program — a direct shareholder‑friendly action that supports buybacks and dividend yield, a likely near‑term catalyst for the stock. Hanmi Financial boosts dividend and expands share repurchases
• Positive Sentiment: Solid full‑year results: net income rose ~22% to $76.1M for 2025, with NIM expansion and loan growth driving improved annual earnings and stronger capital ratios and low nonperforming loans — supports longer‑term earnings power. Hanmi Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Management set a 2026 plan targeting low‑ to mid‑single‑digit loan growth and deposit expansion, indicating a measured growth outlook with focus on margin and balance‑sheet stability. Hanmi outlines low-to-mid single-digit loan growth and deposit expansion strategy for 2026
• Neutral Sentiment: Q4 EPS missed consensus by $0.01 (reported $0.70 vs. $0.71 estimate) — a very small miss that may temper upside for some traders but is unlikely to change the longer‑term thesis given the strong full‑year results. Hanmi Financial (HAFC) Misses Q4 Earnings Estimates
• Neutral Sentiment: Technicals / analyst momentum: Zacks notes the stock was oversold and that analysts have been revising estimates upward, which can produce a technical bounce even where fundamentals are mixed. After Plunging 8.4% in 4 Weeks, Here’s Why the Trend Might Reverse for Hanmi Financial (HAFC)
• Negative Sentiment: Near‑term pressure points: q/q decline in noninterest income, a higher efficiency ratio and seasonally higher noninterest expense in Q4; 2025 credit loss expense was materially higher than 2024 (includes an $8.6M CRE syndicated loan charge‑off), which raises watch‑items on expense and credit volatility. Hanmi Reports 2025 Fourth Quarter and Full Year Results
• Negative Sentiment: Some loan‑level downgrades (including a ~$55M hospitality downgrade into special‑mention) and slightly higher quarterly net charge‑offs warrant monitoring, especially if economic stress in CRE or equipment finance accelerates. Hanmi Reports 2025 Fourth Quarter and Full Year Results

About Hanmi Financial

Hanmi Financial Corporation is a bank holding company based in California, primarily operating through its wholly owned subsidiary, Hanmi Bank. Established in 1982 to serve the Korean‐American community in Los Angeles, the company has expanded its footprint to include branch locations throughout California as well as markets in Illinois, Texas and Washington State. Hanmi Bank offers a comprehensive suite of commercial and consumer banking products designed to meet the needs of small and medium‐sized businesses, professionals and individual clients.

On the commercial banking side, Hanmi Bank provides business checking and savings accounts, lines of credit, commercial real estate lending and SBA‐guaranteed loans.