Core Viewpoint - The article emphasizes the importance of value investing and highlights Hanmi Financial (HAFC) as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [2][4][7]. Company Analysis - Hanmi Financial (HAFC) currently holds a Zacks Rank of 2 (Buy) and has a Value grade of A, indicating strong potential for value investors [4]. - The stock is trading at a P/E ratio of 9.54, which is lower than the industry average P/E of 9.70, suggesting it may be undervalued [4]. - HAFC's Forward P/E has fluctuated between 7.95 and 11.89 over the past year, with a median of 9.30, indicating stable valuation [4]. - The P/B ratio for HAFC is 0.99, compared to the industry average of 1.24, further supporting the notion of undervaluation [5]. - The P/S ratio for HAFC stands at 1.77, which is lower than the industry's average P/S of 2.28, reinforcing its attractiveness to value investors [6]. - Overall, the combination of these metrics positions Hanmi Financial as one of the strongest value stocks in the market currently [7].

Core Viewpoint - Hanmi Financial (HAFC) has received an upgrade to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based solely on a company's changing earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [1][2]. - The correlation between changes in earnings estimates and near-term stock price movements is well-established, with institutional investors using these estimates to determine fair value [4][6]. Recent Developments for Hanmi Financial - Hanmi Financial is projected to earn $2.52 per share for the fiscal year ending December 2025, indicating no year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for Hanmi Financial has increased by 5.4%, reflecting a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Hanmi Financial to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for higher stock movement in the near term [10].

Core Insights - Three stocks with buy rank and strong income characteristics are highlighted for investors to consider on November 11th Group 1: Hanmi Financial Corporation (HAFC) - Hanmi Financial Corporation is a banking products and services provider with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 5.4% over the last 60 days [1] - The company has a dividend yield of 4.1%, which is higher than the industry average of 3.2% [1] Group 2: Preferred Bank (PFBC) - Preferred Bank is also a banking products and services provider with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has similarly increased by 5.4% over the last 60 days [2] - The company has a dividend yield of 3.3%, compared to the industry average of 3.2% [2] Group 3: TE Connectivity plc (TEL) - TE Connectivity plc is a connectivity and sensor technology company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 7.7% over the last 60 days [2] - The company has a dividend yield of 1.2%, which is significantly higher than the industry average of 0.0% [3]

Financial Performance - Net income for Q3 2025 was $22.1 million, or $0.73 per diluted share, compared to $14.9 million, or $0.49 per diluted share in Q3 2024, driven by an $11.0 million increase in net interest income [166]. - For the nine months ended September 30, 2025, net income was $54.9 million, or $1.82 per diluted share, up from $44.5 million, or $1.47 per diluted share in the same period last year, with a $24.0 million increase in net interest income [167]. - Return on average assets for Q3 2025 was 1.12%, up from 0.79% in Q3 2024, while return on average stockholders' equity increased to 10.69% from 7.55% [168]. Loans and Deposits - Loans receivable increased by $277.2 million, or 4.5%, to $6.46 billion as of September 30, 2025, from $6.18 billion at the end of 2024 [169]. - Deposits rose to $6.77 billion at September 30, 2025, compared to $6.44 billion at December 31, 2024, with time deposits increasing by $173.4 million [171]. - The loan-to-deposit ratio was 96.5% at September 30, 2025, compared to 97.1% at December 31, 2024 [250]. Interest Income and Expense - Net interest income for Q3 2025 was $61.1 million, compared to $50.1 million in Q3 2024, reflecting a net interest margin of 3.22% versus 2.74% [175]. - The total interest-earning assets increased to $7.55 billion in Q3 2025, with an average yield of 5.54%, compared to $7.30 billion and 5.48% in Q3 2024 [175]. - The average cost of interest-bearing liabilities decreased to 3.60% for the three months ended September 30, 2025, down from 4.29% in the same period of 2024 [185]. Credit Losses - Credit loss expense for Q3 2025 was $2.1 million, a slight decrease from $2.3 million in Q3 2024, while for the nine months ended September 30, 2025, it rose to $12.5 million from $3.5 million in the same period last year [166][167]. - The company experienced a $9.0 million increase in credit loss expense for the nine months ended September 30, 2025, compared to the same period in 2024 [167]. - Nonperforming loans increased to $19.4 million, representing a 35.7% rise compared to $14.3 million at December 31, 2024 [229]. Noninterest Income and Expense - Noninterest income for the three months ended September 30, 2025, was $9.9 million, an increase of $1.4 million, primarily due to a $0.9 million increase in bank-owned life insurance income [203]. - Noninterest expense for the three months ended September 30, 2025, was $37.4 million, an increase of $2.3 million, or 6.5%, compared to $35.1 million in 2024 [208]. - For the nine months ended September 30, 2025, noninterest expense was $108.7 million, an increase of $1.9 million, or 1.8%, compared to $106.8 million for the same period in 2024 [209]. Capital and Equity - Stockholders' equity increased to $779.6 million as of September 30, 2025, up from $732.2 million at the end of 2024, driven by net income and share-based compensation [257]. - The Company’s total risk-based capital ratio was 15.05% as of September 30, 2025, reflecting strong capital adequacy [267]. - The Bank's total risk-based capital ratio was 14.28% as of September 30, 2025, indicating a "well capitalized" status under regulatory definitions [266]. Tax and Regulatory - The effective income tax rate for the nine months ended September 30, 2025, was 29.5%, compared to 29.7% for the same period in 2024 [210]. - The allowance for credit losses was $69.8 million as of September 30, 2025, down from $70.1 million at December 31, 2024 [245]. - The allowance for credit losses to loans receivable ratio was 1.07% as of September 30, 2025, compared to 1.12% at December 31, 2024 [245].

Core Viewpoint - Hanmi Financial (HAFC) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2] Estimate Revisions - The trend in estimate revisions reflects growing analyst optimism regarding Hanmi Financial's earnings prospects, which is expected to influence its stock price positively [2] - For the current quarter, Hanmi Financial is projected to earn $0.71 per share, a 22.4% increase from the previous year, with a 5.47% rise in consensus estimates over the last 30 days [6] - For the full year, the earnings estimate is $2.52 per share, representing a year-over-year increase of 22.9%, with a 5.29% boost in consensus estimates [7][8] Zacks Rank - Hanmi Financial has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, indicating strong potential for stock performance [9] - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging a 25% annual return since 2008 [3] Stock Performance - The stock has gained 9.9% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10]

Core Insights - Hanmi Financial Corporation and its subsidiary Hanmi Bank have received notable recognitions in the 2025 Most Powerful Women in Banking awards, highlighting their leadership and community impact [1][2][3] Company Recognition - Anna Chung, Executive Vice President and Chief Community Lending Officer, has been named to the 2025 Women to Watch list, which honors rising executive leaders in the banking sector [1][2] - Hanmi's Community Lending Division has been recognized as one of the Top Teams for 2025, acknowledging exceptional collaboration and business performance [1][2] Leadership Commentary - Bonnie Lee, President and CEO, praised Anna Chung for her strategic acumen and commitment to supporting small businesses, emphasizing her role in the company's success [3] - The recognition of the Top Teams reflects the dedication of Hanmi's SBA and community banking professionals in supporting entrepreneurs and underrepresented communities [3] Industry Context - The Most Powerful Women in Banking awards celebrate women leading transformation in the financial services sector, with a focus on measurable business results and operational discipline [2][3]

Core Insights - Anna Chung, Executive Vice President and Chief Community Lending Officer of Hanmi Financial Corporation, has been named to the 2025 Most Powerful Women in Banking's Women to Watch list [1][2] - Hanmi Bank's Community Lending Division has been recognized as one of the five Most Powerful Women in Banking Top Teams for 2025, highlighting exceptional collaboration and leadership [1][2] Company Recognition - The Most Powerful Women in Banking honors women leading transformation in the banking and finance industry, with the Women to Watch list recognizing rising executive leaders [2] - The Top Teams distinction is awarded to departments with at least 50% women that have demonstrated significant organizational impact [2] Leadership Commentary - Bonnie Lee, President and CEO of Hanmi, praised Anna Chung for her strategic acumen and commitment to supporting small businesses, emphasizing her invaluable role in the executive team [3] - Holly Sraeel, Founder of The Most Powerful Women in Banking, noted the ability of these leaders to balance big-picture thinking with operational discipline, preparing for market shifts and regulatory changes [3] Company Mission - Hanmi Bank has a long-standing mission to support entrepreneurs and underrepresented communities, focusing on expanding access to capital and building lasting relationships to help small businesses thrive [3]

Group 1 - The article does not provide any specific information or insights regarding a company or industry [1]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Insights - Hanmi Financial reported revenue of $70.96 million for Q3 2025, a year-over-year increase of 21.3% [1] - The company's EPS for the same period was $0.73, up from $0.49 a year ago, exceeding the consensus estimate of $0.66 by 10.61% [1] - The revenue surpassed the Zacks Consensus Estimate of $68 million, resulting in a surprise of 4.35% [1] Financial Performance Metrics - Efficiency Ratio stood at 52.7%, better than the average estimate of 53.5% from two analysts [4] - Net interest margin was reported at 3.2%, slightly above the average estimate of 3.1% [4] - Total noninterest income reached $9.88 million, exceeding the estimated $8.43 million [4] Stock Performance - Hanmi Financial's shares have returned -3.9% over the past month, contrasting with the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]