GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hanmi Financial Corp (NAS:HAFC) » Definitions » Book Value per Share

Hanmi Financial (Hanmi Financial) Book Value per Share : $23.11 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Hanmi Financial Book Value per Share?

Hanmi Financial's book value per share for the quarter that ended in Dec. 2023 was $23.11.

During the past 12 months, Hanmi Financial's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hanmi Financial was 26.30% per year. The lowest was -47.90% per year. And the median was 6.35% per year.

Hanmi Financial's current price is $15.57. Its book value per share for the quarter that ended in Dec. 2023 was $23.11. Hence, today's PB Ratio of Hanmi Financial is 0.67.

During the past 13 years, the highest P/B Ratio of Hanmi Financial was 2.12. The lowest was 0.43. And the median was 1.30.

Good Sign:

Hanmi Financial Corp stock PB Ratio (=0.68) is close to 3-year low of 0.64


Hanmi Financial Book Value per Share Historical Data

The historical data trend for Hanmi Financial's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hanmi Financial Book Value per Share Chart

Hanmi Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.29 18.79 21.16 20.91 23.11

Hanmi Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.67 21.93 21.81 23.11 23.22

Competitive Comparison of Hanmi Financial's Book Value per Share

For the Banks - Regional subindustry, Hanmi Financial's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hanmi Financial's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hanmi Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hanmi Financial's PB Ratio falls into.



Hanmi Financial Book Value per Share Calculation

Hanmi Financial's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(701.9-0.0)/30.4
=23.11

Hanmi Financial's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(701.9-0.0)/30.4
=23.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Hanmi Financial  (NAS:HAFC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Hanmi Financial Book Value per Share Related Terms

Thank you for viewing the detailed overview of Hanmi Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hanmi Financial (Hanmi Financial) Business Description

Traded in Other Exchanges
N/A
Address
900 Wilshire Boulevard, Suite 1250, Los Angeles, CA, USA, 90017
Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
Executives
Romolo Santarosa officer: SEVP, Corp. Finance & Strategy 6538 VERDE RIDGE ROAD, RANCHO PALOS VERDES CA 90275
Harry Chung director C/O IMPERIAL CAPITAL GROUP, INC., 2000 AVENUE OF THE STARS, 9TH FL. SOUTH, LOS ANGELES CA 90067
Michael Yang director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Gloria J Lee director 900 WILSHIRE BLVD., SUITE 1250, LOS ANGELES CA 90017
Joseph Pangrazio officer: Chief Accounting Officer 900 WILSHIRE BLVD., SUITE 1250, LOS ANGELES CA 90017
Gideon Yu director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
John J Ahn director 150 SOUTH FIFTH STREET, SUITE 1360, MINNEAPOLIS MN 55402
Patrick M Carr officer: Chief Accounting Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Bonita Lee officer: SEVP & Chief Operating Officer 3731 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90010
David L Rosenblum director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Anthony I. Kim officer: Chief Banking Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Michael Du officer: Chief Risk Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Joseph K Rho director 3660 WILSHIRS BLVD PH-A, LOS ANGELES CA 90010
Scott Diehl director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Kiho Choi director 3435 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90010