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Sep 30
Hanmi Q3 2025 Earnings Report
Hanmi's financial results for the third quarter of 2025 were reported, showing increased net income and improved key financial ratios.
Key Takeaways
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.
Net income for Q3 2025 increased by 45.9% to $22.1 million, or $0.73 per diluted share, compared to Q2 2025.
Net interest margin expanded by 15 basis points to 3.22%, and preprovision net revenue increased by 16.4% quarter-over-quarter.
Loan production accelerated to $570.8 million, contributing to a 3.5% increase in loans receivable from the previous quarter.
Credit quality improved with nonperforming assets decreasing by 17.7% to $21.4 million, or 0.27% of loans.
Hanmi
Hanmi
Hanmi Revenue by Segment
Revenue by Segment
Commercial Real Estate Revenue
CapyFin.comResidential/Consumer Loans Revenue
CapyFin.comCommercial and Industrial Loans Revenue
CapyFin.comSBA Loans Revenue
CapyFin.comEquipment Finance Revenue
CapyFin.com Forward Guidance
Hanmi is energized by the current momentum and strength across all aspects of its business, focusing on executing strategies, deepening client relationships, and optimizing its balance sheet to deliver durable, long-term value for shareholders.
Positive Outlook
- Continued focus on executing strategic initiatives to drive growth.
- Efforts to deepen client relationships are expected to strengthen the business.
- Balance sheet optimization aims to enhance long-term shareholder value.
- Ongoing investments in commercial lending teams and market expansion are expected to sustain loan production.
- Proactive asset management and conservative credit underwriting are anticipated to maintain excellent credit quality.
Challenges Ahead
- A failure to maintain adequate levels of capital and liquidity could impact operations.
- General economic and business conditions, including potential recessionary conditions, pose risks.
- Volatility and deterioration in credit and equity markets could affect financial performance.
- Inflation and fluctuations in interest rates may reduce margins and yields.
- Changes in governmental regulation, including potential increases in FDIC insurance premiums, could impact profitability.