NASDAQ$HAFC
Hanmi Financial Corporation · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported solid third quarter results driven by relationship banking model and disciplined lending approach.
Hanmi Financial Corporation reported a net income of $18.8 million for Q3 2023, a decrease compared to the previous quarter. The results reflect the strength of their franchise and success of their relationship banking model amidst economic uncertainty and higher interest rates.
- Net income for the third quarter of 2023 was $18.8 million, or $0.62 per diluted share.
- Loan production increased in the third quarter, reflecting contributions from nearly all business lines.
- Asset quality remains excellent due to direct customer relationships and proactive credit administration.
- The company is entering the fourth quarter with a healthy loan pipeline, stable core deposits, solid credit quality, and well-managed expenses.
Headline financials
Revenue & EPS history
Hanmi · Revenue · Quarterly
$66.1M
Forward guidance
Hanmi looks forward to opening two new branches in the fourth quarter to capitalize on attractive growth opportunities and will remain focused on executing on their strategic initiatives to drive disciplined growth and to create value for their shareholders over the long-term.
Tailwinds
- Healthy loan pipeline
- Stable core deposits
- Solid credit quality
- Well-managed expenses
- Opening two new branches in Q4
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-0.1%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+2.2%
Avg return
30 days after
50%
33 / 66 earnings
Positive
+15.7%
Q1 2010
Best reaction
-18.3%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +7.0% | +11.4% | +9.3% | |
| Q4 2025 | -13.0% | -3.6% | -8.3% | |
| Q3 2025 | +8.2% | +11.2% | +11.5% | |
| Q2 2025 | -2.3% | -1.4% | +2.8% | |
| Q1 2025 | +3.4% | +1.1% | +1.3% | |
| Q4 2024 | +7.2% | +5.2% | +4.9% | |
| Q3 2024 | +7.9% | +9.8% | +28.8% | |
| Q2 2024 | -3.2% | +2.3% | -5.4% | |
| Q1 2024 | -0.5% | +4.0% | +2.8% | |
| Q4 2023 | -11.3% | -9.9% | -20.6% | |
| Q3 2023 | -6.0% | -4.6% | +11.2% | |
| Q2 2023 | +4.2% | +7.4% | -2.3% | |
| Q1 2023 | -10.1% | -9.7% | -17.7% | |
| Q4 2022 | -7.0% | -6.0% | -1.7% | |
| Q3 2022 | +4.4% | +6.7% | +4.3% | |
| Q2 2022 | +5.2% | +5.5% | +8.6% | |
| Q1 2022 | -4.2% | -6.4% | -6.6% | |
| Q4 2021 | +6.4% | +4.4% | -0.4% | |
| Q3 2021 | +3.1% | +4.8% | +17.1% | |
| Q2 2021 | +5.6% | +4.2% | +7.9% | |
| Q1 2021 | +0.1% | -0.2% | +3.3% | |
| Q4 2020 | +3.2% | +11.8% | +39.1% | |
| Q3 2020 | -0.8% | -0.4% | +20.4% | |
| Q2 2020 | +2.8% | -0.4% | +4.5% | |
| Q1 2020 | -18.3% | -25.0% | -28.6% | |
| Q4 2019 | -7.5% | -8.4% | -13.3% | |
| Q3 2019 | -2.0% | -2.8% | +3.7% | |
| Q2 2019 | +0.1% | -1.4% | +8.4% | |
| Q1 2019 | +6.1% | +8.3% | -1.0% | |
| Q4 2018 | -2.7% | +4.5% | +8.4% | |
| Q3 2018 | -14.1% | -6.3% | -0.3% | |
| Q2 2018 | -10.5% | -10.3% | -4.2% | |
| Q1 2018 | -8.2% | -9.8% | -2.3% | |
| Q4 2017 | -1.4% | -1.9% | -2.8% | |
| Q3 2017 | -0.8% | +0.6% | -4.5% | |
| Q2 2017 | -2.3% | -0.2% | -7.3% | |
| Q1 2017 | -2.8% | +0.2% | -3.7% | |
| Q4 2016 | +0.0% | -1.0% | -1.7% | |
| Q3 2016 | -10.7% | -7.5% | +18.3% | |
| Q2 2016 | +1.5% | +2.0% | +3.7% | |
| Q1 2016 | +6.2% | — | — | |
| Q4 2015 | +0.9% | — | — | |
| Q3 2015 | -2.9% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | +2.9% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | +1.4% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | -0.4% | — | — | |
| Q4 2013 | +5.1% | — | — | |
| Q3 2013 | -2.1% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -2.0% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q3 2012 | -1.4% | — | — | |
| Q2 2012 | +5.4% | — | — | |
| Q1 2011 | +2.5% | — | — | |
| Q1 2012 | +2.7% | — | — | |
| Q4 2011 | +5.8% | — | — | |
| Q4 2010 | +5.8% | — | — | |
| Q4 2009 | +5.8% | — | — | |
| Q3 2011 | +1.0% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q2 2011 | +1.9% | — | — | |
| Q2 2010 | +1.9% | — | — | |
| Q1 2010 | +15.7% | — | — |
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