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Upturn AI SWOT - About
HAFC 
Hanmi Financial Corporation (HAFC)
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Upturn Advisory Summary
09/15/2025: HAFC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $27.75
1 Year Target Price $27.75
| 1 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 26.36% | Avg. Invested days 34 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 748.33M USD | Price to earnings Ratio 11.5 | 1Y Target Price 27.75 |
Price to earnings Ratio 11.5 | 1Y Target Price 27.75 | ||
Volume (30-day avg) 4 | Beta 0.76 | 52 Weeks Range 16.88 - 26.85 | Updated Date 09/15/2025 |
52 Weeks Range 16.88 - 26.85 | Updated Date 09/15/2025 | ||
Dividends yield (FY) 4.14% | Basic EPS (TTM) 2.16 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 27.97% | Operating Margin (TTM) 36.88% |
Management Effectiveness
Return on Assets (TTM) 0.85% | Return on Equity (TTM) 8.9% |
Valuation
Trailing PE 11.5 | Forward PE 8.62 | Enterprise Value 659144832 | Price to Sales(TTM) 3.2 |
Enterprise Value 659144832 | Price to Sales(TTM) 3.2 | ||
Enterprise Value to Revenue 4.08 | Enterprise Value to EBITDA - | Shares Outstanding 30126000 | Shares Floating 29256343 |
Shares Outstanding 30126000 | Shares Floating 29256343 | ||
Percent Insiders 1.95 | Percent Institutions 94.23 |
Upturn AI SWOT
Hanmi Financial Corporation
Company Overview
History and Background
Hanmi Financial Corporation was founded in 1982 in Los Angeles, California, as Korea First Bank of Southern California. It was established to serve the Korean-American community. Over time, it expanded its services and geographic reach, becoming a significant community bank in Southern California and beyond. It has navigated various economic cycles and maintained a focus on its core customer base.
Core Business Areas
- Commercial Banking: Provides a range of loan products, deposit accounts, and treasury management services to small and medium-sized businesses.
- Retail Banking: Offers personal banking services, including checking and savings accounts, mortgages, and other consumer loans.
- SBA Lending: Specializes in Small Business Administration (SBA) loans to support small business growth.
Leadership and Structure
The leadership team consists of the CEO, CFO, COO, and other senior executives. The organizational structure is typical of a regional bank, with divisions for commercial banking, retail banking, lending, and operations. A board of directors oversees the company's strategy and performance.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provides financing for commercial real estate projects. This is a significant revenue driver. Competition includes other regional banks like PacWest Bancorp and Bank of Southern California.
- SBA Loans: Offers SBA loans to small businesses. Hanmi has a strong presence in this market. Competitors include Live Oak Bancshares and Byline Bancorp.
- Commercial and Industrial (C&I) Loans: Provides loans to businesses for working capital, equipment, and other needs. Competitors include East West Bancorp and Cathay General Bancorp.
Market Dynamics
Industry Overview
The banking industry is highly competitive, with a mix of large national banks and smaller regional and community banks. Interest rates, regulatory requirements, and economic conditions significantly impact the industry's performance. Increasing fintech competition is also reshaping the landscape.
Positioning
Hanmi Financial Corporation is positioned as a leading Korean-American community bank. Its competitive advantage lies in its strong relationships with the Korean-American business community and its expertise in serving this market segment.
Total Addressable Market (TAM)
The TAM for community banking in Southern California is estimated to be in the tens of billions of dollars. Hanmi Financial Corporation is positioned to capture a portion of this TAM through its targeted services and strong community ties.
Upturn SWOT Analysis
Strengths
- Strong brand recognition within the Korean-American community
- Experienced management team
- Strong SBA lending program
- Solid capital base
Weaknesses
- Geographic concentration in Southern California
- Limited product diversification
- Potential impact from economic downturns in its primary market
- Higher cost of deposits than larger competitors.
Opportunities
- Expansion into new geographic markets with significant Korean-American populations
- Increased adoption of digital banking technologies
- Growth in SBA lending activity
- Strategic acquisitions of other community banks
Threats
- Increased competition from larger banks and fintech companies
- Changes in interest rates
- Economic downturns
- Regulatory changes
Competitors and Market Share
Key Competitors
- EWBC
- CATH
- BANC
Competitive Landscape
Hanmi Financial Corporation's advantages include its strong brand recognition and expertise in serving the Korean-American community. Disadvantages include its geographic concentration and smaller size compared to larger regional banks.
Major Acquisitions
Pacific Rim Bank
- Year: 2019
- Acquisition Price (USD millions): 65
- Strategic Rationale: Expanded Hanmi's presence in Hawaii and broadened its customer base.
Growth Trajectory and Initiatives
Historical Growth: Hanmi Financial Corporation's growth has been driven by organic expansion and strategic acquisitions. The company has experienced steady growth in assets, loans, and deposits over the past decade.
Future Projections: Analyst estimates project continued growth in revenue and earnings, driven by expansion into new markets and increased lending activity.
Recent Initiatives: Recent strategic initiatives include investments in digital banking technologies, expansion of its SBA lending program, and branch optimization.
Summary
Hanmi Financial Corporation serves a niche market with a loyal customer base. Its strengths lie in its community ties and SBA lending expertise. However, it faces challenges from larger competitors and the need to diversify its geographic footprint. Strategic initiatives and market understanding will be key to success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Financial data should be verified with official company filings.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hanmi Financial Corporation
Exchange NASDAQ | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 1996-10-04 | President, CEO & Director Ms. Bonita I. Lee | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 597 | Website https://www.hanmi.com |
Full time employees 597 | Website https://www.hanmi.com | ||
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. The company was founded in 1982 and is based in Los Angeles, California.
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