Hanmi Financial (HAFC) ZACKS·2025-01-28 23:36Core Viewpoint - Hanmi Financial reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, but down from $0.61 per share a year ago, indicating a 4.92% year-over-year decline in earnings [1][2] Financial Performance - The company posted revenues of $60.81 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.97%, and showing a slight increase from $59.82 million year-over-year [2] - Over the last four quarters, Hanmi Financial has surpassed consensus EPS estimates only once [2] Stock Performance - Hanmi Financial shares have decreased by approximately 2.5% since the beginning of the year, while the S&P 500 has gained 2.2% [3] - The current Zacks Rank for Hanmi Financial is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.54 on revenues of $62.05 million, and for the current fiscal year, it is $2.28 on revenues of $260.15 million [7] - The trend of estimate revisions for Hanmi Financial has been unfavorable leading up to the earnings release [6] Industry Context - The Banks - West industry, to which Hanmi Financial belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable industry outlook [8]