Hanmi Financial (HAFC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Hanmi Financial

NasdaqGS•Financial Services•Banks - Regional

$31.74-0.15(<0.01%)Market open

Market Cap

$953.92M

P/E

10.7x

P/S

2.1x

P/B

1.2x

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. Hanmi Financial Corporation was founded in 1982 and is based in Los Angeles, California.

How this company scores

WeakMetricSide Score: 79/100

Grade capped at D — Interest coverage below 1× (0.8x) — earnings cannot cover interest. Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability23/25

Growth19/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality21/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (0.8x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.7x5y range 4.7x – 11.3x

Currently above its 20-quarter median.

P/S · 2.1x5y range 1.1x – 2.9x

Currently near its 20-quarter median.

P/B · 1.2x5y range 0.7x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $953.92M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $450.88M
Q. Revenue: $111.67M
TTM EBITDA: $126.72M
TTM Op. Income: $124.04M
Q. Op. Income: $31.98M
TTM Net Income: $89.36M
Q. Net Income: $23.50M
EPS: $0.79
Shares Out.: $29.51M

$450.88M in TTM revenue grew 4.2% YoY, reaching $111.67M last quarter. TTM EBITDA of $126.72M and TTM operating income of $124.04M show growth is flowing through to the bottom line. TTM net income of $89.36M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 64.7%
EBITDA Margin: 29.4%
Op. Margin: 28.6%
Net Margin: 21.0%

Op. margin of 28.6% is up 9.2% YoY — cost efficiency is improving. Net margin at 21.0% and gross margin of 64.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.7x
P/S Ratio: 2.1x
P/B Ratio: 1.2x

At 10.7x P/E, the stock trades below typical market levels. P/S of 2.1x and P/B of 1.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 6% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $8.00B
Cash: $331.21M
Long-Term Debt: $130.77M
Book Value: $812.68M
D/E Ratio: 0.2
Debt/EBITDA: 4.0

With $8.00B in assets and $130.77M in long-term debt, D/E is 0.2and book value is $812.68M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 6 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-8.82M
TTM Free Cash Flow: $211.14M
FCF Margin: 46.8%
FCF / Net Income: 2.4

TTM FCF of $211.14M on $-8.82M in operating cash flow. The FCF / Net Income ratio of 2.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 686% — an improving trend.