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Sep 30, 2022
Hanmi Q3 2022 Earnings Report
Reported net income of $27.2 million, up 8.5% from the previous quarter, reflecting growth in net interest income and well-managed expenses.
Key Takeaways
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.
Net income for the third quarter of 2022 was $27.2 million, or $0.89 per diluted share.
Net interest income was $63.1 million for the third quarter of 2022.
Total assets at September 30, 2022 increased 2.5%, to $7.13 billion.
Deposits were $6.20 billion at the end of the third quarter of 2022, up 3.7%.