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.
Hanmi Financial Corp (NASDAQ: HAFC) is the parent company of Hanmi Bank, a financial institution headquartered in Los Angeles, California. Established in 1982, Hanmi Bank serves the Korean-American and broader multi-ethnic communities through its network of 35 full-service branches and eight loan production offices across several states including California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia.
Focusing primarily on small businesses, Hanmi Bank offers a comprehensive range of financial products and services including commercial and real estate loans, SBA loans, and trade-finance products. The bank's revenue streams are diversified, deriving from interest and fees on loans, interest and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
Beyond its traditional banking operations, Hanmi Bank has been actively expanding its footprint through strategic acquisitions and has a robust plan to enter new markets. The bank maintains a strong balance sheet with ample liquidity, high credit quality, stable core deposits, and well-managed expenses, positioning it well to navigate dynamic economic environments.
Recent achievements include the release of the 2023 annual letter to shareholders, highlighting the bank’s ongoing commitment to building trust and providing value. For the first quarter of 2024, Hanmi Financial Corporation reported a net income of $15.2 million, reflecting a solid financial performance despite a slight dip compared to the previous quarter.
Hanmi Financial Corp is dedicated to maintaining and growing its presence in the banking industry, continually enhancing its services to meet the needs of its diverse clientele. For more information, visit the investor relations page of Hanmi’s website at https://investors.hanmi.com/.
Levi & Korsinsky has announced a settlement in the class action lawsuit against Hanmi Financial (NASDAQ: HAFC). The settlement amount is $3 million, available to those who purchased Hanmi common stock between August 9, 2018, and April 30, 2020. Affected shareholders must file a claim form by August 7, 2024, to receive their share. Levi & Korsinsky is not the lead counsel but is informing class members of the deadline. For more information and to file a claim, visit the link provided in the press release.
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.
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.
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