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

DA Davidson restated their neutral rating on shares of Hanmi Financial (NASDAQ:HAFC) in a report issued on Thursday morning,Benzinga reports. They currently have a $29.50 price target on the bank’s stock.

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

Hanmi Financial Stock Up 7.3%

NASDAQ:HAFC opened at $26.57 on Thursday. Hanmi Financial has a one year low of $19.25 and a one year high of $30.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.99 and a quick ratio of 0.97. The company has a market cap of $795.77 million, a PE ratio of 10.59 and a beta of 0.72. The firm’s 50 day simple moving average is $28.07 and its 200 day simple moving average is $26.03.

Hanmi Financial (NASDAQ:HAFC) last released its quarterly earnings results on Tuesday, January 27th. The bank reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.01). The business had revenue of $134.06 million for the quarter, compared to the consensus estimate of $71.40 million. Hanmi Financial had a net margin of 17.10% and a return on equity of 9.85%. On average, research analysts anticipate that Hanmi Financial will post 2.6 earnings per share for the current year.

Hanmi Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Monday, February 9th will be issued a $0.28 dividend. The ex-dividend date is Monday, February 9th. This is a positive change from Hanmi Financial’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 4.2%. Hanmi Financial’s dividend payout ratio is 43.03%.

Hedge Funds Weigh In On Hanmi Financial

Institutional investors have recently made changes to their positions in the stock. Assenagon Asset Management S.A. acquired a new stake in shares of Hanmi Financial in the 3rd quarter valued at about $7,191,000. Rhino Investment Partners Inc boosted its holdings in Hanmi Financial by 27.1% in the third quarter. Rhino Investment Partners Inc now owns 785,756 shares of the bank’s stock worth $19,400,000 after acquiring an additional 167,485 shares in the last quarter. First Trust Advisors LP grew its stake in Hanmi Financial by 240.8% in the third quarter. First Trust Advisors LP now owns 117,241 shares of the bank’s stock valued at $2,895,000 after acquiring an additional 82,835 shares during the period. American Century Companies Inc. increased its holdings in shares of Hanmi Financial by 7.0% during the third quarter. American Century Companies Inc. now owns 932,896 shares of the bank’s stock valued at $23,033,000 after acquiring an additional 60,876 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Hanmi Financial by 85.6% during the third quarter. UBS Group AG now owns 117,892 shares of the bank’s stock valued at $2,911,000 after acquiring an additional 54,386 shares in the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

More Hanmi Financial News

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

• Positive Sentiment: Board boosts dividend and expands share-repurchase authorization — a direct capital-return action that typically supports bank stocks and can help lift the share price by increasing EPS and signaling management confidence. Hanmi Financial boosts dividend and expands share repurchases
• Positive Sentiment: Technical/market commentary notes HAFC has been oversold after a recent pullback and analysts are revising earnings estimates upward — this combination can attract buyers looking for a mean-reversion trade. After Plunging 8.4% in 4 Weeks, Here’s Why the Trend Might Reverse
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating and set a $29.50 price target (about mid-teens upside from recent levels) — a modest supportive datapoint but not a bullish upgrade. DA Davidson rating reaffirmed
• Neutral Sentiment: Zacks pieces discuss valuation and whether HAFC is undervalued; these are thematic/analytical articles that may influence investor interest but don’t add new company-level catalysts. Is Hanmi Financial (HAFC) Stock Undervalued Right Now?
• Neutral Sentiment: Company outlined a 2026 strategy targeting low- to mid-single-digit loan growth and deposit expansion — conservative guidance that frames steady but modest growth expectations for the year. Hanmi outlines loan growth and deposit strategy
• Negative Sentiment: Q4 2025 results: EPS of $0.70 missed the street by $0.01, which is a small miss and may temper enthusiasm; however revenue and other metrics discussed in the call were mixed and warrant review by investors. Earnings call/transcripts are available for detail. Q4 2025 Earnings Call Transcript

Hanmi Financial Company Profile

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.