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Hanmi Financial Outlines Growth and Financial Performance

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Hanmi Financial Outlines Growth and Financial Performance

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An update from Hanmi Financial ( (HAFC) ) is now available.

On January 29, 2025, Hanmi Financial Corporation shared a slide presentation with analysts and prospective investors, highlighting its operating and growth strategies, as well as financial performance. The company reported a net income of $17.7 million for the fourth quarter of 2024, reflecting an increase in net interest income, and demonstrated strong capital management and financial stability through improved efficiency ratios and disciplined credit administration.

More about Hanmi Financial

Hanmi Financial Corporation, established in 1982 in Los Angeles, is the second largest Korean-American bank in the U.S. The company operates 31 full-service branches and 8 loan production offices across 9 states, focusing on markets with high Asian-American and multi-ethnic populations. Hanmi Bank offers diverse financial services, including loans and deposits, and has shown strong growth and capitalization.

YTD Price Performance: 0.44%

Average Trading Volume: 203,302

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $691.2M

For detailed information about HAFC stock, go to TipRanks’ Stock Analysis page.

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