STOCK TITAN

Hanmi Financial Corp - $HAFC STOCK NEWS

Welcome to our dedicated page for Hanmi Financial news (Ticker: $HAFC), a resource for investors and traders seeking the latest updates and insights on Hanmi Financial stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hanmi Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hanmi Financial's position in the market.

Rhea-AI Summary

Hanmi Financial (NASDAQ: HAFC) will participate in the D.A. Davidson 26th Annual Financial Institutions Conference on May 9, 2024, in Colorado Springs, CO. Bonnie Lee, President and CEO, will host meetings with institutional investors. The presentation will be available on the company's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
conferences
-
Rhea-AI Summary

Hanmi Financial (Nasdaq: HAFC) celebrated the grand opening of its new Fort Lee, New Jersey branch, replacing the Edison branch. The community event featured local leaders and highlighted the bank's commitment to serving the diverse and growing business community in the area.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
none
-
Rhea-AI Summary
Hanmi Financial (HAFC) declared a cash dividend of $0.25 per share for the 2024 second quarter and announced a new share repurchase program of up to 5% of its outstanding shares, totaling approximately 1.5 million shares. The dividend will be paid on May 22, 2024, to stockholders of record as of May 6, 2024. President and CEO Bonnie Lee emphasized the company's focus on capital allocation priorities and returning capital to shareholders through dividends and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
Tags
buyback dividends
News
Rhea-AI Summary
Hanmi Financial (HAFC) reported a net income of $15.2 million for the first quarter of 2024, with a return on average assets of 0.81% and return on average equity of 7.90%. The bank highlighted a focus on diversifying its loan portfolio and deposit franchise, resulting in an increase in deposits and a growth in the C&I portfolio. Despite a decline in net income compared to the previous quarter, Hanmi remains optimistic about its strong balance sheet, credit quality, and capital ratios. The bank plans to optimize its branch network and enter new markets in the upcoming year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
Tags
-
Rhea-AI Summary
Hanmi Financial (HAFC) to report first quarter 2024 financial results on April 23, 2024, with a conference call to discuss the results. Investors and shareholders can access the live call by dialing 1-877-407-9039 or visiting Hanmi's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.95%
Tags
-
Rhea-AI Summary
Hanmi Financial (HAFC) releases its 2023 annual letter to shareholders titled 'Building on our Legacy of Trust' by CEO Bonnie Lee, emphasizing the company's commitment to growth and trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
none
Rhea-AI Summary
Hanmi Financial Corporation appoints James Marasco to the Board of Directors, bringing the total number of directors to ten. Marasco, with over 35 years of experience in commercial lending and financial services, is expected to enrich strategic discussions and create value for shareholders and stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
none
-
Rhea-AI Summary
Hanmi Financial Corporation (HAFC) declared a cash dividend of $0.25 per share for the 2024 first quarter, to be paid on February 22, 2024. The dividend is for stockholders of record as of February 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
dividends
-
Rhea-AI Summary
Hanmi Financial Corporation (HAFC) reported a net income of $18.6 million for Q4 2023, with a full-year net income of $80.0 million. The return on average assets for Q4 was 0.99%, and for the full year, it was 1.08%. CEO Bonnie Lee highlighted the bank's relationship-driven strategy, expanding customer base, and strong balance sheet. Despite a year-over-year decline in net income, Hanmi is optimistic about the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.41%
Tags
none
Rhea-AI Summary
Hanmi Financial Corporation (HAFC) to Report Fourth Quarter 2023 Financial Results on January 23, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
Hanmi Financial Corp

Nasdaq:HAFC

HAFC Rankings

HAFC Stock Data

494.09M
29.52M
1.52%
90.6%
3.57%
Commercial Banking
Finance and Insurance
Link
United States of America
LOS ANGELES

About HAFC

established in 1982, hanmi bank was founded to serve the korean-american community. since then, we have grown into the largest korean-american bank in the united states, with more branches in california than any other. hanmi bank also has the fastest growing nationwide presence of any korean-american bank.