Hanmi Earnings Reports

Hanmi Financial Corporation delivered strong third-quarter results, with net income increasing by 45.9% to $22.1 million, or $0.73 per diluted share, compared to the previous quarter. This growth was driven by a significant increase in net interest income and a substantial decrease in credit loss expense. The company also saw healthy loan growth, an expanded net interest margin, and improved credit quality, with reductions in criticized loans and nonperforming assets.

Hanmi Financial Corporation delivered a solid performance in the second quarter of 2025, with net income of $15.1 million, though it decreased from the previous quarter due to higher credit loss expense. The company expanded its net interest margin to 3.07% and saw preprovision net revenue grow by 3.7%. Asset quality significantly improved, with notable declines in criticized loans, nonaccrual loans, and delinquent loans. Loans and deposits both experienced growth, and the capital position remained strong.

Hanmi Financial Corporation reported net income of $17.7 million for the first quarter of 2025, consistent with the previous quarter. The company achieved its third consecutive quarter of net interest margin expansion, driven by lower funding costs, and saw a 3% increase in deposits.

Hanmi Financial Corporation reported a strong fourth quarter in 2024, with net income of $17.7 million, or $0.58 per diluted share. This was driven by net interest margin expansion and disciplined expense management. The company's asset quality also improved.

Hanmi Financial Corporation reported a net income of $14.9 million, or $0.49 per diluted share, for the third quarter of 2024. The company saw increases in net interest income, loan production, and total deposits. Asset quality remained a focus with resolution of criticized loans and proactive monitoring of others.

Hanmi Financial Corporation reported net income of $14.5 million, or $0.48 per diluted share, for the second quarter of 2024. The company experienced a decrease in net interest income due to higher interest-bearing deposit costs, but this was partially offset by an increase in noninterest income and a decrease in noninterest expense. The company maintains strong asset quality and capital ratios.

Hanmi Financial Corporation reported a net income of $15.2 million for Q1 2024, a decrease from $18.6 million in the previous quarter. The company saw a decrease in net interest income but an increase in noninterest income. Deposits increased, and the loan portfolio remained consistent.

Hanmi Financial Corporation reported a net income of $18.6 million for the fourth quarter of 2023, with an annualized return on average assets of 0.99% and a return on average equity of 9.70%. The company saw a decrease in net interest income but optimized its banking network with new branch locations.

Hanmi Financial Corporation reported a net income of $18.8 million for Q3 2023, a decrease compared to the previous quarter. The results reflect the strength of their franchise and success of their relationship banking model amidst economic uncertainty and higher interest rates.

Hanmi Financial Corporation reported a net income of $20.6 million for Q2 2023, with earnings per diluted share at $0.67. The results were supported by deposit growth, expense management, and credit administration. Deposits grew by 1.9%, and the loan pipeline began to grow as the company entered the third quarter.

Hanmi Financial Corporation reported a net income of $22.0 million for Q1 2023, a decrease compared to the previous quarter. However, the company saw annualized deposit growth, net income growth compared to the year-ago quarter, and maintained high levels of liquidity.

Hanmi Financial Corporation reported a net income of $28.5 million for the fourth quarter of 2022, representing an increase of 4.8% compared to the previous quarter. The results reflect growth in net interest income and improvements in asset quality.

Hanmi Financial Corporation reported a net income of $27.2 million for Q3 2022, an increase of 8.5% from the previous quarter. The company saw strong loan production, an increased net interest margin, excellent asset quality, and well-managed expenses.

Hanmi Financial Corporation reported a net income of $25.1 million for the second quarter of 2022, an increase of 21.0% compared to the previous quarter. Strong earnings were supported by record loan production, an increased net interest margin, and excellent asset quality, along with disciplined expense management.

Hanmi Financial Corporation reported a net income of $20.7 million for Q1 2022, or $0.68 per diluted share. The company saw strong loan growth, net interest margin expansion and excellent credit quality.

Hanmi Financial Corporation reported strong Q4 2021 results with a net income of $33.3 million, driven by record loan production and improvements in asset quality. The quarter included a recovery of credit loss expense of $16.0 million, reflecting a $9.1 million recovery from a loan charge-off in the previous year, and a $2.7 million benefit from a decrease in the valuation allowance for deferred tax assets.

Hanmi Financial Corporation reported a record net income of $26.6 million for the third quarter of 2021, or $0.86 per diluted share, compared to $16.3 million, or $0.53 per diluted share for the third quarter of 2020. New loan production reached $500 million, nearly two times higher than the previous year, and deposits increased solidly, driven primarily by noninterest-bearing demand deposits. The company also saw improvement in asset quality, with nonperforming assets declining significantly.

Hanmi Financial Corporation reported a record net income of $22.1 million for the second quarter of 2021, driven by loan and lease production, deposit growth and improving asset quality.

Hanmi Financial Corporation reported a net income of $16.7 million, or $0.54 per diluted share, for the first quarter of 2021. Loan production reached $348.0 million, and total deposits expanded 4.5% from the prior quarter and 20.2% from a year ago.

Hanmi Financial Corporation reported a net income of $14.3 million for the fourth quarter of 2020, or $0.47 per diluted share, compared to $3.1 million, or $0.10 per diluted share for the fourth quarter of 2019. The quarter was highlighted by a significant increase in total loan and lease production and a stable net interest margin.

Hanmi Financial Corporation reported a net income of $16.3 million, or $0.53 per diluted share, for the third quarter of 2020, compared to $9.2 million, or $0.30 per diluted share for the second quarter of 2020 and $12.4 million, or $0.40 per diluted share for the third quarter of 2019.

Hanmi Financial Corporation reported a net income of $9.2 million, or $0.30 per diluted share, for the second quarter of 2020. This represents a significant increase compared to the previous quarter and the same quarter last year. The performance was highlighted by solid loan growth and strong deposit gathering activities, including participation in the SBA's Paycheck Protection Program.

Hanmi Financial Corporation reported a net income of $2.4 million, or $0.08 per diluted share, for the first quarter of 2020. The results reflect the challenges imposed by the COVID-19 crisis, with a significant provision for loan losses. The company is focused on supporting its employees, customers, and communities during this time.

Hanmi Financial Corporation reported a net income of $3.1 million for Q4 2019, which included a $6.9 million specific provision for loan and lease losses. Despite this, the company saw significant growth in loan and lease production and an improvement in deposit mix.