Hanmi Financial (HAFC) came out with quarterly earnings of $0.5 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.35%. A quarter ago, it was expected that this bank holding company would post earnings of $0.57 per share when it actually produced earnings of $0.58, delivering a surprise of +1.75%.Over the last four quarters, ...

Hanmi Financial (HAFC) Q2 2025 Earnings Call July 22, 2025 05:00 PM ET Company ParticipantsBen Brodkowitz - SVPBonita Lee - President, CEO & DirectorAnthony Kim - Senior EVP & Chief Banking OfficerRomolo Santarosa - Senior EVP & CFOKelly Motta - Managing DirectorAdam Kroll - Equity Research AssociateConference Call ParticipantsNone - AnalystOperatorLadies and gentlemen, welcome to Omni Financial Corporation's Second Quarter twenty twenty five Conference Call. As a reminder, today's call is being recorded fo ...

Hanmi Financial (HAFC) Q2 2025 Earnings Call July 22, 2025 05:00 PM ET Speaker0Ladies and gentlemen, welcome to Omni Financial Corporation's Second Quarter twenty twenty five Conference Call. As a reminder, today's call is being recorded for replay purposes. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. I would now like to turn the conference call over to Ben Brokowitz, Investor Relations for the company.Please go ahead,Speaker1T ...

NASDAQ | HAFC 2Q 2 5 E a r n i n g s S u p p l e m e n t a l P r e s e n t a t i o n July 22, 2025 California | Colorado | Georgia | Illinois | New Jersey | New York | Texas | Virginia | Washington | | 2Q25 PERFORMANCE RESULTS | 5 – | 21 | | --- | --- | --- | --- | | TABLE OF | LOAN PORTFOLIO DETAILS | 22 – | 31 | | CONTENTS | 2Q25 FINANCIAL SUMMARY | 32 – | 32 | | | NON-GAAP RECONCILIATION | 33 – | 34 | 2 FORWARD-LOOKING STATEMENTS Hanmi Financial Corporation (the "Company") cautions investors that any sta ...

EXHIBIT 99.1 Hanmi Reports 2025 Second Quarter Results LOS ANGELES, July 22, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or "Hanmi"), the parent company of Hanmi Bank (the "Bank"), today reported financial results for the second quarter of 2025. Net income for the second quarter of 2025 was $15.1 million, or $0.50 per diluted share, compared with $17.7 million, or $0.58 per diluted share for the first quarter of 2025. The return on average assets for the second quarter of 2025 was 0. ...

LOS ANGELES, July 22, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the second quarter of 2025. Net income for the second quarter of 2025 was $15.1 million, or $0.50 per diluted share, compared with $17.7 million, or $0.58 per diluted share for the first quarter of 2025. The return on average assets for the second quarter of 2025 was 0.79% and the return on average equity was 7.48%, compare ...

LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by di ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Hanmi Financial (HAFC) currently holding a Momentum Style Score of B [2] - The Zacks Rank system complements Style Scores, with HAFC rated 2 (Buy), indicating potential for outperformance in the market [3] Group 2: Performance Metrics - HAFC shares have increased by 8.82% over the past week, outperforming the Zacks Banks - West industry, which rose by 5.2% [5] - Over the last month, HAFC's price change is 10.21%, compared to the industry's 6.54% [5] - In the last quarter, HAFC shares rose by 23.51%, and over the past year, they increased by 52.76%, while the S&P 500 only moved 10.42% and 14.64% respectively [6] Group 3: Trading Volume and Earnings Outlook - HAFC's average 20-day trading volume is 150,512 shares, which serves as a bullish indicator when combined with rising stock prices [7] - Recent earnings estimate revisions show one upward revision for the current fiscal year, increasing the consensus estimate from $2.53 to $2.54 [9] - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment around HAFC's earnings outlook [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, HAFC is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a promising investment opportunity [11]

Company Overview - Hanmi Financial Corporation is the holding company for Hanmi Bank, headquartered in Los Angeles, California, and operates 32 full-service branches across multiple states including Georgia [4] - The Duluth branch is Hanmi's first full-service branch in Georgia, located less than 30 miles from Atlanta [2] Economic Context - Georgia is a significant hub for Korean business investment, with Korean companies announcing over $10 billion in new investments and creating more than 12,600 jobs in fiscal year 2023 [2] - Total trade between Georgia and Korea reached $17.5 billion last year, highlighting the strong economic partnership [2] Branch Services and Community Engagement - The Duluth branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, and SBA loans [3] - The company aims to support local businesses and individuals, contributing to the economic vitality of the region through a relationship-based banking model [3] Leadership Statements - Bonnie Lee, President and CEO of Hanmi Financial Corporation, emphasized the importance of the expansion in Georgia as a step in the company's growth plans and expressed excitement about being part of the Duluth community [3]

[Part I – Financial Information](index=3&type=section&id=Part%20I%20%E2%80%93%20Financial%20Information) [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The company's unaudited statements show asset growth to $7.73 billion and a net income increase to $17.7 million [Consolidated Balance Sheets](index=3&type=section&id=Consolidated%20Balance%20Sheets) Total assets grew to $7.73 billion, driven by increases in net loans and total deposits Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Assets** | | | | Total Assets | $7,729,035 | $7,677,925 | | Loans receivable, net | $6,211,592 | $6,181,230 | | Securities available for sale | $907,011 | $905,798 | | **Liabilities & Equity** | | | | Total Deposits | $6,619,475 | $6,435,776 | | Borrowings | $117,500 | $262,500 | | Total Stockholders' Equity | $751,485 | $732,174 | [Consolidated Statements of Income](index=4&type=section&id=Consolidated%20Statements%20of%20Income) Q1 2025 net income rose to $17.7 million, driven by higher net interest income and lower noninterest expenses Q1 2025 vs. Q1 2024 Income Statement (in thousands, except per share data) | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net Interest Income | $55,092 | $50,655 | | Credit Loss Expense | $2,721 | $227 | | Noninterest Income | $7,726 | $7,733 | | Noninterest Expense | $34,984 | $36,445 | | Net Income | $17,672 | $15,164 | | Diluted EPS | $0.58 | $0.50 | [Notes to Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail accounting policies, including a new methodology for estimating the allowance for credit losses (ACL) - Effective January 1, 2025, the Company changed its methodology for estimating expected credit losses on its loan portfolio from a Probability of Default / Loss Given Default (PD/LGD) model to a **historical loss rate approach**[24](index=24&type=chunk)[25](index=25&type=chunk) - The company and its subsidiary bank **exceeded all minimum regulatory capital requirements** to be considered 'well capitalized' as of March 31, 2025[83](index=83&type=chunk)[86](index=86&type=chunk) Securities Available for Sale (in thousands) | Security Type | Fair Value (Mar 31, 2025) | Fair Value (Dec 31, 2024) | | :--- | :--- | :--- | | U.S. government agency and sponsored agency obligations | $752,823 | $751,860 | | U.S. Treasury securities | $89,631 | $88,929 | | Municipal bonds-tax exempt | $64,557 | $65,009 | | **Total** | **$907,011** | **$905,798** | Loan Portfolio Composition (in thousands) | Loan Type | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total real estate loans | $4,955,187 | $4,900,924 | | Commercial and industrial loans | $854,406 | $863,431 | | Equipment financing agreements | $472,596 | $487,022 | | **Total Loans Receivable** | **$6,282,189** | **$6,251,377** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=49&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management's analysis highlights a 16.4% net income increase, expanded net interest margin, and a rise in nonperforming loans - Net income for Q1 2025 was **$17.7 million**, up from $15.2 million for Q1 2024, driven by higher net interest income and lower noninterest expense[177](index=177&type=chunk) - **Nonperforming assets increased significantly to $35.7 million** (0.46% of total assets), primarily due to a $20.0 million commercial real estate office loan being designated as nonaccrual[212](index=212&type=chunk)[215](index=215&type=chunk)[217](index=217&type=chunk) - The company adopted a new Allowance for Credit Losses (ACL) methodology, transitioning to a **historical loss rate approach adjusted for economic forecasts** from Moody's[160](index=160&type=chunk)[224](index=224&type=chunk)[228](index=228&type=chunk) Key Performance Ratios | Ratio | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Return on average assets | 0.94% | 0.81% | | Return on average stockholders' equity | 8.92% | 7.90% | | Net interest margin (taxable equivalent) | 3.02% | 2.78% | [Quantitative and Qualitative Disclosures About Market Risk](index=60&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company demonstrates asset sensitivity, with Net Interest Income projected to rise with increasing interest rates Interest Rate Sensitivity Analysis (as of March 31, 2025) | Change in Rates (bps) | 1-12 Month NII % Change | EVE % Change | | :--- | :--- | :--- | | +300 | 8.30% | 10.31% | | +200 | 5.52% | 7.75% | | +100 | 2.98% | 4.83% | | -100 | (3.57%) | (7.68%) | | -200 | (7.23%) | (17.79%) | | -300 | (10.48%) | (29.75%) | [Controls and Procedures](index=60&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective with no material changes in internal controls - The Chief Executive Officer and Chief Financial Officer concluded that the company's **disclosure controls and procedures were effective** as of March 31, 2025[258](index=258&type=chunk) - **No material changes in internal control over financial reporting** occurred during the quarter, and the change in CECL model methodology did not impact these controls[259](index=259&type=chunk) [Part II – Other Information](index=61&type=section&id=Part%20II%20%E2%80%93%20Other%20Information) [Legal Proceedings](index=61&type=section&id=Item%201.%20Legal%20Proceedings) Routine litigation is not expected to have a material adverse impact on the company's financial condition - Hanmi Financial and its subsidiaries are involved in routine litigation, which management believes **will not have a material adverse financial impact**[262](index=262&type=chunk) [Risk Factors](index=61&type=section&id=Item%201A.%20Risk%20Factors) No material changes were reported to the risk factors disclosed in the 2024 Annual Report - **No material changes in risk factors** have occurred since the company's 2024 Annual Report on Form 10-K[263](index=263&type=chunk) [Issuer Purchases of Equity Securities](index=61&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%2C%20Use%20of%20Proceeds%2C%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company repurchased 50,000 shares in Q1 2025, with 1.18 million shares remaining under the buyback program - As of March 31, 2025, **1,180,500 shares remained available for future purchases** under the company's stock repurchase program[264](index=264&type=chunk) Common Stock Repurchases in Q1 2025 | Period | Total Shares Purchased | Average Price Paid Per Share | | :--- | :--- | :--- | | March 1-31, 2025 | 50,000 | $22.49 | | **Total Q1 2025** | **50,000** | **$22.49** | [Exhibits](index=62&type=section&id=Item%206.%20Exhibits) Filed exhibits include amendments to executive employment agreements and required officer certifications - Filed exhibits include amendments to employment agreements for Bonita I. Lee and Romolo C. Santarosa, as well as **CEO and CFO certifications** pursuant to Sarbanes-Oxley Sections 302 and 906[269](index=269&type=chunk)