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Hanmi Financial Increases Cash Dividend 4% to $0.28 per share and Expands Repurchase Authorization
Globenewswire· 2026-01-29 13:00
Core Viewpoint - Hanmi Financial Corporation has declared a cash dividend of $0.28 per share for the first quarter of 2026, representing a 4% increase from the previous quarter, and has expanded its share repurchase authorization to approximately 2.3 million shares, reflecting confidence in its financial strength and commitment to enhancing stockholder returns [1][2]. Dividend Announcement - The cash dividend of $0.28 per share will be paid on February 25, 2026, to stockholders of record as of February 9, 2026 [1]. - This dividend increase indicates the Board's confidence in the company's financial outlook [2]. Share Repurchase Program - The company has expanded its share repurchase authorization by 1.5 million shares, bringing the total repurchase capacity to approximately 2.3 million shares, which is about 7.8% of shares outstanding as of December 31, 2025 [2]. - The repurchase program allows for shares to be bought back in the open market or through private transactions, and management will decide on repurchases based on market conditions and other factors [3][4]. Company Overview - Hanmi Financial Corporation is headquartered in Los Angeles, California, and owns Hanmi Bank, which serves multi-ethnic communities through a network of 32 full-service branches and additional loan production offices across several states [5]. - The bank specializes in real estate, commercial, SBA, and trade finance lending to small and middle-market businesses [5].
Hanmi Bank Earns Double Recognition in American Banker's 2025 Most Powerful Women in Banking Honors
Globenewswire· 2025-10-23 20:12
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]
Hanmi Bank Earns Double Recognition in American Banker’s 2025 Most Powerful Women in Banking Honors
Globenewswire· 2025-10-23 20:12
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]
Dan Medici Appointed to the Boards of Hanmi Financial Corporation and Hanmi Bank
Globenewswire· 2025-09-30 20:05
Core Points - Hanmi Financial Corporation announced the appointment of Daniel J. Medici to its Board of Directors, effective October 1, 2025, increasing the total number of directors to twelve [1][2]. Group 1: Appointment Details - Daniel J. Medici brings extensive expertise in information technology, cybersecurity, and risk management, which are crucial for the success of community banks [2]. - Medici has been appointed to the Audit Committee, Risk, Compliance and Planning Committee of Hanmi, and the Loan and Credit Policy Committee of the Bank [2]. Group 2: Professional Background - Mr. Medici has over 30 years of experience in the IT field and served as a federal bank examiner for over 36 years, specializing in complex IT environments [3][8]. - He is recognized as an expert in information technology and cybersecurity, having worked with major financial institutions as a senior risk specialist [3]. Group 3: Company Overview - Hanmi Financial Corporation is headquartered in Los Angeles and owns Hanmi Bank, which operates 32 full-service branches and eight loan production offices across several states [4]. - The Bank specializes in real estate, commercial, SBA, and trade finance lending to small and middle-market businesses [4].
Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia
Globenewswire· 2025-06-05 22:19
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]
Hanmi Financial to Participate in the D.A. Davidson 27th Annual Financial Institutions Conference
Globenewswire· 2025-05-05 12:30
Core Insights - Hanmi Financial Corporation will participate in the D.A. Davidson 27th Annual Financial Institutions Conference on May 6-7, 2025, in Scottsdale, AZ [1] - Bonnie Lee, President and CEO, and Ron Santarosa, CFO, will conduct one-on-one and small group meetings during the conference [1] Company Overview - Hanmi Financial Corporation is headquartered in Los Angeles, California, and owns Hanmi Bank, which operates 32 full-service branches, five loan production offices, and three loan centers across multiple states [3] - The bank serves multi-ethnic communities and specializes in real estate, commercial, SBA, and trade finance lending to small and middle market businesses [3] Investor Relations - A copy of the presentation for institutional investors will be available in the Investor Relations section of the company's website [2] - Investor contacts include Ron Santarosa, CFO, and Lisa Fortuna from Financial Profiles, Inc. [4]
Hanmi Releases 2024 Annual Shareholder Letter
Globenewswire· 2025-04-29 12:30
Group 1 - Hanmi Financial Corporation released its 2024 annual letter to shareholders titled "Successfully Navigating a Dynamic Market Environment" authored by President and CEO Bonnie Lee [1] - Hanmi Financial Corporation is headquartered in Los Angeles, California, and owns Hanmi Bank, which operates 32 full-service branches and additional loan production offices and centers across multiple states [2] - Hanmi Bank specializes in lending for real estate, commercial, SBA, and trade finance, targeting small and middle market businesses [2] Group 2 - The company serves multi-ethnic communities through its extensive branch network in states including California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia [2] - Investor contacts for Hanmi Financial Corporation include Romolo (Ron) Santarosa, Senior Executive Vice President & CFO, and Lisa Fortuna from Financial Profiles, Inc. [3]
Hanmi Financial Declares Cash Dividend of $0.27 per share
Globenewswire· 2025-04-24 12:30
Core Viewpoint - Hanmi Financial Corporation has declared a cash dividend of $0.27 per share for the second quarter of 2025, which will be paid on May 21, 2025, to stockholders of record as of May 5, 2025 [1] Company Overview - Hanmi Financial Corporation is headquartered in Los Angeles, California, and owns Hanmi Bank, which operates 32 full-service branches, five loan production offices, and three loan centers across several states including California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia [2] - Hanmi Bank specializes in lending for real estate, commercial, Small Business Administration (SBA), and trade finance, primarily targeting small and middle-market businesses [2]