Hanmi Financial Corporation (HAFC)

Hanmi Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	365.37	366.15	339.81	257.88	208.6	211.84
Interest Income on Investments	33.08	32.63	29.52	15.94	8.07	12.03
Total Interest Income	398.45	398.78	369.33	273.81	216.68	223.87
Interest Paid on Deposits	177.61	182.69	134.71	25.94	11.66	33.99
Interest Paid on Borrowings	13.62	13.32	13.35	10.23	9.97	8.97
Total Interest Expense	191.24	196.01	148.06	36.17	21.63	42.97
Net Interest Income	207.21	202.77	221.27	237.65	195.05	180.9
Net Interest Income Growth (YoY)	-3.21%	-8.36%	-6.89%	21.84%	7.82%	2.86%
Gain (Loss) on Sale of Assets	0.86	0.86	4	-	0.05	0.41
Gain (Loss) on Sale of Investments	-	-	-1.87	-	-0.5	15.71
Other Non-Interest Income	13.3	13.76	14.26	13.23	12.32	12.25
Total Non-Interest Income	31.58	31.59	32.24	34.2	40.17	42.1
Non-Interest Income Growth (YoY)	-0.17%	-2.02%	-5.74%	-14.86%	-4.59%	52.82%
Revenues Before Loan Losses	238.79	234.36	253.51	271.85	235.22	223
Provision for Loan Losses	6.91	4.42	4.34	0.84	-24.4	45.45
Revenue	231.88	229.94	249.17	271.01	259.62	177.55
Revenue Growth (YoY)	-4.68%	-7.72%	-8.06%	4.39%	46.23%	2.48%
Salaries and Employee Benefits	79.08	79.79	78.72	73.55	70.13	64.44
Occupancy Expenses	9.16	9.15	9.54	9.35	10.58	9.78
Selling, General & Administrative	39.1	39.7	37.02	36	34.18	34.8
Other Non-Interest Expense	12.53	12.7	11.26	11.4	9.58	9.82
Total Non-Interest Expense	139.87	141.34	136.53	130.28	124.46	118.85
EBT Excluding Unusual Items	92	88.61	112.64	140.73	135.17	58.7
Asset Writedown	-	-	-	-	-	-0.2
Legal Settlements	-	-	1.94	-	0.33	1
Pretax Income	92	88.61	114.58	140.73	135.49	59.5
Income Tax Expense	27.29	26.4	34.54	39.33	36.82	17.3
Earnings From Continuing Operations	64.71	62.2	80.04	101.39	98.68	42.2
Net Income	64.71	62.2	80.04	101.39	98.68	42.2
Preferred Dividends & Other Adjustments	0.56	0.5	0.51	0.56	0.67	0.53
Net Income to Common	64.15	61.7	79.54	100.84	98.01	41.66
Net Income Growth	-11.62%	-22.29%	-21.06%	2.75%	133.85%	28.69%
Basic Shares Outstanding	30	30	30	30	30	30
Diluted Shares Outstanding	30	30	30	30	30	30
Shares Change (YoY)	-0.55%	-0.75%	-0.20%	-0.26%	0.63%	-1.56%
EPS (Basic)	2.14	2.06	2.63	3.33	3.22	1.38
EPS (Diluted)	2.13	2.05	2.62	3.32	3.22	1.38
EPS Growth	-11.26%	-21.76%	-21.08%	3.11%	134.02%	29.85%
Dividend Per Share	1.020	1.000	1.000	0.940	0.540	0.520
Dividend Growth	2.00%	-	6.38%	74.07%	3.85%	-45.83%
Effective Tax Rate	29.67%	29.80%	30.14%	27.95%	27.17%	29.08%

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q