Forward-Looking Information Fourth Quarter 2025 Results January 30, 2026 Cautionary Statement This earnings presentation and the associated conference call may include forward‐looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among ...

NASDAQ | HAFC 4 Q 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 January 27, 2026 California | Colorado | Georgia | Illinois | New Jersey | New York | Texas | Virginia | Washington | | 4Q25 PERFORMANCE RESULTS | 5 – | 21 | | --- | --- | --- | --- | | TABLE OF | LOAN PORTFOLIO DETAILS | 22 – | 31 | | CONTENTS | | | | | | 4Q25 FINANCIAL SUMMARY | 32 – | 32 | | | NON-GAAP RECONCILIATION | 33 – | 34 | 2 FORWARD-LOOKING STATEMENTS Hanmi Financial Corporation (the "Company") cautions investor ...

Core Insights - First Bank reported solid profitability metrics in Q4 2025, with a return on average assets (ROAA) of 1.21%, up from 1.10% year-over-year, and return on tangible common equity improving to 12.58% from 11.82% [3] - The bank's net interest margin (NIM) for Q4 was 3.74%, an increase of 20 basis points from Q4 2024, while the full-year NIM was 3.69% compared to 3.57% in 2024 [4] - Despite a quarterly decline in total loans, loans were up $149 million, or approximately 5%, over the last 12 months, with commercial and industrial (C&I) loans leading the growth [2] Loan Production and Payoffs - In 2025, First Bank funded $429 million in new loans, with only 20% of that occurring in Q4, and average loan growth for the year was $267 million [2] - Q4 loan payoffs totaled $135 million, representing 47% of all payoffs for the year, and were primarily driven by investor real estate loans [1][2] Deposit Strategy - Total deposits declined by $21 million in Q4, mainly due to a $27.1 million drop in brokered deposits, as the bank focused on profitable relationships [7] - Time deposits were reduced by $38 million, or 18% annualized, contributing to an 8% decrease in money market and savings balances during the quarter [8] Credit Quality - Credit quality was described as mixed, with core commercial real estate (CRE) delinquency at 0.02% at year-end, while non-performing assets to total assets rose to 46 basis points from 36 basis points [10][12] - The allowance for credit losses increased to 1.38% of total loans from 1.25%, driven by charge-offs in the small business portfolio [12] Expenses and Capital Actions - Non-interest income was $2.3 million in Q4, slightly down from $2.4 million in Q3, while non-interest expenses decreased to $17.1 million from $19.7 million [16][17] - The efficiency ratio was reported at 49.46%, remaining below 60% for the 26th consecutive quarter, and tangible book value per share increased to $15.81, up more than 12% annualized [18] Future Outlook - For 2026, First Bank aims for $200 million in net loan growth, with expectations of contributions from asset-based lending and community banking [20] - The bank plans to continue reducing acquisition accounting accretion and anticipates stable margins while lowering deposit costs [20][22]

Core Viewpoint - KeyCorp is expected to report earnings per share (EPS) of $0.38 and revenue of approximately $1.97 billion in its upcoming quarterly earnings release on January 20, 2026, driven by strong demand in commercial and industrial loans and a rise in investment banking fees [1][6]. Group 1: Financial Performance - The anticipated strong performance is attributed to robust demand for commercial and industrial loans, which constitute about 50% of KeyCorp's average loan balances [2]. - KeyCorp's net interest income (NII) for the fourth quarter is projected to increase by 14% year-over-year, driven by loan growth and stabilizing deposit costs [2]. - The Zacks Consensus Estimate for KeyCorp's average earning assets in the fourth quarter is $171.65 billion, reflecting a slight increase from the previous year [4]. Group 2: Investment Banking Sector - KeyCorp expects a significant rise in investment banking fees, supported by active initial public offerings (IPOs), bond issuance, and increased trading activities [3][6]. - This robust deal activity is anticipated to play a crucial role in enhancing KeyCorp's earnings [3]. Group 3: Financial Metrics - KeyCorp has a price-to-earnings (P/E) ratio of approximately 21.74 and a price-to-sales ratio of about 2.27 [5]. - The enterprise value to sales ratio is around 3.29, while the enterprise value to operating cash flow ratio stands at approximately 10.42 [5]. - The debt-to-equity ratio is 0.61, and the current ratio is about 0.11, indicating the company's ability to cover short-term liabilities [5].

Financial Performance & Forecast - The company reported a net loss of $36 million, but an adjusted net loss of $23 million for Q3 2025[31] - Diluted loss per common share was $(0.11), with an adjusted diluted loss of $(0.07)[31] - The forecast for 2025 includes a net interest income of $1.7 billion to $1.75 billion and an adjusted diluted EPS of ($0.41) to ($0.36)[33] - The company anticipates a return to profitability in the fourth quarter of 2025[30] Commercial Banking & Loan Portfolio - Commercial & Industrial (C&I) loans held for investment totaled $14.874 billion as of September 30, 2025, with a quarterly increase of $448 million, or 3.1%[10] - Specialized Industries & Corporate/Regional Commercial Banking saw a $1.108 billion increase, or 27.5% QoQ, reaching $5.142 billion[10] - Multi-family loans held-for-investment decreased by $1.5 billion, or 4.6% QoQ[9] - CRE (Commercial Real Estate) decreased by $0.5 billion, or 4.4% QoQ[9] Asset Quality & Capital - Net charge-offs decreased by $44 million, reducing the net charge-off ratio by 26 basis points to 0.46%[9] - The Common Equity Tier 1 (CET1) ratio stands at 12.45%[47] - Deposits decreased by $0.6 billion, or 0.9% quarter over quarter, primarily driven by a $2.0 billion decrease in brokered deposits[53]

Earnings Performance - Third quarter net income was $22.1 million, or $0.73 per diluted share, compared with $15.1 million, or $0.50 per diluted share in the second quarter[9, 10] - Preprovision net revenues grew 16.4%, or $4.7 million, reflecting a 6.9% increase in net interest income, a 15 basis point increase in net interest margin, a 22.4% increase in noninterest income and well-managed noninterest expenses with the efficiency ratio declining to 52.65%[10] - Net interest income for the third quarter was $61.1 million and net interest margin (taxable equivalent) was 3.22%, both up from the second quarter[26] Loans and Deposits - Loans receivables were $6.53 billion at September 30, 2025, up 3.5% from the end of the second quarter; loan production for the third quarter was $570.8 million, with a weighted average interest rate of 6.91% compared to $329.6 million at a weighted average interest rate of 7.10% for the second quarter[10] - Deposits were $6.77 billion on September 30, 2025, up 0.6% from the end of the second quarter; noninterest-bearing deposits were 30.8% of total deposits[10] - Total deposits increased 0.6% to $6.77 billion, led by a $58.0 million, or 2.4%, increase in time deposits, quarter-over-quarter[21] Asset Quality - Nonperforming assets were $21.4 million at September 30, 2025, down 17.7% from the previous quarter and represented 0.27% of total assets, compared to $26.0 million and 0.33% of total assets[10] - Criticized loans also declined 2.6% to $45.4 million, or 0.69% of total loans, from $46.6 million, or 0.74% of total loans[10] - Allowance for credit losses was $69.8 million at September 30, 2025, or 1.07% to total loans, compared with $66.8 million, or 1.06% of total loans, at the end of the prior quarter[66] Capital - Hanmi's capital position remains strong with the tangible common equity to tangible assets at 9.80% and the common equity tier 1 capital ratio at 12.01%[10]

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.83 for Q3 2025, an improvement compared to the linked quarter [5] - Net interest income increased nearly $4,000,000, while the net interest margin expanded by one basis point [6] - The efficiency ratio improved to 57.1% compared to 59.3% in the linked quarter [7] - The provision for credit losses declined over $9,000,000, with the allowance for credit losses standing at 1.11% of total loans [8][10] Business Line Data and Key Metrics Changes - Annualized loan growth was 8%, with significant growth in commercial real estate and commercial and industrial loan balances [12] - Non-performing loans declined nearly $2,000,000, comprising 58 basis points of total loans compared to 61 basis points at the end of the previous quarter [10] - Fee-based income experienced a 1% decline compared to the linked quarter, driven by lower lease income [17] Market Data and Key Metrics Changes - The loan to deposit ratio increased to 88% from 86% at the end of the previous quarter [20] - Deposit balances were relatively flat, with increases in money market and interest-bearing demand accounts offset by declines in brokered CDs and governmental accounts [21][22] Company Strategy and Development Direction - The company continues to develop its business organically while awaiting the right acquisition opportunities [24] - The focus remains on managing net interest income and net interest margin through the current interest rate cycle [24] - The company anticipates loan growth to be between 4% and 6% for 2026, depending on pay down timing and economic conditions [26] Management's Comments on Operating Environment and Future Outlook - Management noted a reduction in provision for credit losses to a more normalized rate for Q3 [24] - The company expects to achieve positive operating leverage for 2025 compared to 2024, excluding the impact of reduced accretion income [25] - Management highlighted the potential for increased refinancing activity if mortgage rates fall [66] Other Important Information - The tangible equity to tangible assets ratio improved by 27 basis points to 8.5% at quarter end [23] - The company plans to manage capital in preparation for potential M&A opportunities while supporting dividends [95] Q&A Session Summary Question: Clarification on criticized and classified loans - Management expects some criticized and classified loans to revert in the near term, estimating $35,000,000 to $55,000,000 in upgrades or payoffs [34] Question: Loan growth guidance for 2026 - Management indicated that loan growth guidance for 2026 is slightly below this year's guidance but aligns with historical growth rates [36] Question: Impact of rate cuts on margin - Management confirmed that each 25 basis point rate cut is expected to result in a three to four basis point decline in net interest margin [46] Question: Update on North Star portfolio - Management reported that the high balance accounts in the North Star portfolio are down to about $15,000,000 to $16,000,000, with expectations for a gradual decline in charge-offs [48] Question: Appetite for buybacks and M&A - Management expressed a priority on building capital for M&A opportunities while maintaining an active buyback program [95]

Core Insights - Wells Fargo reported a provision for credit losses of $681 million for Q3, a decrease from over $1 billion in both Q2 2025 and Q3 2024 [1][2] - The reduction in provision for credit losses is attributed to improved credit performance and lower commercial real estate loan balances, although this was partially offset by increases in commercial and industrial, auto, and credit card loan balances [2] - Net charge-offs for Q3 were $954 million, down from $997 million in Q2 and $1.1 billion in Q3 2024 [2]

Financial Performance - Net income for the second quarter of 2025 was $264 million, with diluted earnings per share of $093[16] - The company's return on average assets (ROAA) was 128%, and the pre-tax pre-provision ROAA (PTPP ROAA) was 182% for Q2 2025[16] - Total revenue for Q2 2025 reached $1056 million, a 97% increase compared to Q1[16] - The net interest margin (NIM) remained strong at 407% for Q2 2025[16] - For the first half of 2025, net income was $500 million, with diluted earnings per share of $177[14] - Total revenue for the first half of 2025 was $2018 million, a 63% increase from the same period in 2024[14] Loan and Deposit Trends - Average loan growth was 107% annualized in Q2 2025[16] - Average deposit growth was 183% annualized in Q2 2025[16] - The loan-to-deposit ratio was 916%[16] - Total deposits as of June 30, 2025, were $71 billion[7] - Total loans as of June 30, 2025, were $65 billion[7] Asset Quality - Net charge-offs to average loans were 083% in Q2 2025[16] - Nonperforming loans (NPLs) trended down 30%[55] Capital and Liquidity - The Common Equity Tier 1 (CET1) ratio was 1378%[14] - The company has $35 billion in immediate borrowing availability[64]

Core Insights - Provident Financial Services reported strong financial performance for Q2 2025, with GAAP net earnings of $72 million ($0.55 per share) and record revenue of $214 million, indicating robust operational momentum [1][2] Financial Performance - The company achieved a record net interest income (GAAP) of $187 million, supported by an increase in average earning assets of $383 million, reflecting a 7% quarter-over-quarter growth [3] - The net interest margin (NIM) increased by two basis points to 3.36%, with management forecasting a range of 3.35% to 3.45% for the remainder of 2025, despite anticipated Fed rate cuts [4] Loan Growth and Asset Quality - Commercial and industrial (C&I) loans grew at an annualized rate of 21% quarter-over-quarter, while total commercial loans advanced at an 8% annualized rate, indicating diversification in the loan portfolio [5] - Nonperforming assets decreased to 44 basis points of total assets, with net charge-offs dropping to $1.2 million, showcasing improved asset quality [8][9] Strategic Direction - The company is strategically diversifying its commercial lending to reduce concentration in commercial real estate (CRE), with CRE exposure declining to a ratio of 444% [5][7] - A robust loan pipeline of $1.6 billion with a weighted average interest rate of 6.3% positions the company for continued growth [6] Future Outlook - Management reaffirmed core operating expense guidance of $112 million to $115 million per quarter for 2025 and expects to maintain NIM between 3.35% and 3.45% [10] - The CET1 target is set around 11.25%, with strong deposit growth supporting confidence in sustaining commercial loan expansion [11]