OverviewSuggest Edit

Hanmi Financial is the holding company for Hanmi Bank. The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across the USA. Its lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term loans, commercial lines of credit and international), and consumer loans and small business administration (SBA) loans.

TypePublic
Founded1982
HQLos Angeles, US
Websitehanmi.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Dec 2019)633
Job Openings13
Revenue (FY, 2019)$27.6 M(+13%)
Share Price (Jul 2020)$8.7 (-4%)
Cybersecurity ratingBMore

Key People/Management at Hanmi Financial

Bonita I. Lee

Bonita I. Lee

President and Chief Executive Officer
Romolo C. Santarosa

Romolo C. Santarosa

Senior Executive Vice President and CFO
John J. Ahn

John J. Ahn

Chairman of the Board
David L. Rosenblum

David L. Rosenblum

Vice Chairman of the Board
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Hanmi Financial Office Locations

Hanmi Financial has offices in Los Angeles, Annandale, Buena Park, Carrollton and in 4 other locations
Los Angeles, US (HQ)
3660 Wilshire Blvd # A
Annandale, US
7140 Little River Turnpike #749
Buena Park, US
5245 Beach Blvd
Carrollton, US
2625 Old Denton Rd Ste 100
Chicago, US
6335 N Western Ave
Fremont, US
39420 Liberty St #250
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Hanmi Financial Financials and Metrics

Hanmi Financial Revenue

Hanmi Financial's revenue was reported to be $27.55 m in FY, 2019
USD

Revenue (Q1, 2020)

6.2m

Net income (Q1, 2020)

2.4m

Market capitalization (9-Jul-2020)

265.1m

Closing stock price (9-Jul-2020)

8.7

Cash (31-Mar-2020)

290.5m

EV

101.4m
Hanmi Financial's current market capitalization is $265.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

23.9m24.8m31.4m42.3m47.6m33.1m33.4m24.5m27.6m

Revenue growth, %

46%18%0%

Sales and marketing expense

3.0m3.9m4.1m3.4m4.2m3.9m4.0m4.0m3.8m

R&D expense

5.6m4.9m4.6m6.1m6.3m5.7m7.0m6.9m8.8m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

164.4m147.2m153.8m155.4m121.7m

Accounts Receivable

1.8b2.0b2.2b2.7b3.1b11.0m4.3b4.6b4.5b

Prepaid Expenses

27.7m27.9m28.2m64.6m

Inventories

Quarterly
USDQ2, 2011

Financial Leverage

13.7 x
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Hanmi Financial Operating Metrics

Hanmi Financial's Total Loans was reported to be $4b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

49 42 41

Non-performing Loans

$25.28 m$29.26 m$28.02 m$23.94 m$19.12 m$16.28 m$12.34 m$10.95 m$11.41 m$12.77 m$16.46 m

Total Loans

$2.74 b$2.77 b$2.83 b$3 b$3.14 b$3.27 b$3.41 b$3.51 b$3.81 b$3.91 b$4.04 b
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Hanmi Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Hanmi Financial Online and Social Media Presence

Embed Graph

Hanmi Financial News and Updates

ROSEN, A TOP RANKED LAW FIRM, Reminds Hanmi Financial Corporation Investors of Important Deadline in Securities Class Action First Filed by the Firm - HAFC

NEW YORK, May 21, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Hanmi Financial Corporation (NASDAQ: HAFC) between August 12, 2019 and January 28, 2020, inclusive (the "Class Period"), of the important May 26, 2020 lead...

Hanmi Financial Declares Cash Dividend of $0.12 per Share

LOS ANGELES, May 01, 2020 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that in response to the uncertainty surrounding the COVID-19 pandemic, its Board of Directors has decided to reduce its quarterly cash dividend on…

DEADLINE NOTICE, ROSEN, A TOP LAW FIRM, Reminds Hanmi Financial Corporation Investors of Important Deadline in Securities Class Action First Filed by the Firm; Investors with Large Losses Should Contact Firm

NEW YORK, April 7, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Hanmi Financial Corporation between August 12, 2019 and January 28, 2020, inclusive (the "Class Period"), of the important May 26, 2020 lead plaintiff...

HAFC SHAREHOLDER UPDATE: Bronstein, Gewirtz & Grossman, LLC Notifies Hanmi Financial Corporation Shareholders of Class Action and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK, March 30, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Hanmi Financial Corporation ("Hanmi" or the Company") (NASDAQ: HAFC) and certain of its officers, on behalf of...

HAFC ALERT, ROSEN, GLOBAL INVESTOR COUNSEL, Files Securities Class Action Lawsuit Against Hanmi Financial Corporation - HAFC

NEW YORK, March 28, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Hanmi Financial Corporation (NASDAQ: HAFC) between August 12, 2019 and January 28, 2020, inclusive (the...

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Hanmi Financial (HAFC) Investors Who Have Suffered Significant Losses to Contact its Attorneys: Securities Fraud Case Filed

SAN FRANCISCO, March 27, 2020 /PRNewswire/ -- Hagens Berman urges investors in Hanmi Financial Corporation (NASDAQ: HAFC) who have suffered significant losses to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims. Class...
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Hanmi Financial Frequently Asked Questions

  • When was Hanmi Financial founded?

    Hanmi Financial was founded in 1982.

  • Who are Hanmi Financial key executives?

    Hanmi Financial's key executives are Bonita I. Lee, Romolo C. Santarosa and John J. Ahn.

  • How many employees does Hanmi Financial have?

    Hanmi Financial has 633 employees.

  • What is Hanmi Financial revenue?

    Latest Hanmi Financial annual revenue is $27.6 m.

  • What is Hanmi Financial revenue per employee?

    Latest Hanmi Financial revenue per employee is $43.5 k.

  • Who are Hanmi Financial competitors?

    Competitors of Hanmi Financial include Magyar Bank, First Bank and Bancorp of New Jersey.

  • Where is Hanmi Financial headquarters?

    Hanmi Financial headquarters is located at 3660 Wilshire Blvd # A, Los Angeles.

  • Where are Hanmi Financial offices?

    Hanmi Financial has offices in Los Angeles, Annandale, Buena Park, Carrollton and in 4 other locations.

  • How many offices does Hanmi Financial have?

    Hanmi Financial has 9 offices.