Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Hanmi Financial's share price for the quarter that ended in Dec. 2023 was $19.4. Hanmi Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 30.4 Mil. Therefore, Hanmi Financial's market cap for the quarter that ended in Dec. 2023 was $589.2 Mil.
Hanmi Financial's quarterly market cap
increased
from Jun. 2023 ($455.2 Mil) to Sep. 2023 ($493.6 Mil) and
increased
from Sep. 2023 ($493.6 Mil) to Dec. 2023 ($589.2 Mil).
Hanmi Financial's annual market cap
increased
from Dec. 2021 ($720.0 Mil) to Dec. 2022 ($754.5 Mil) but then
declined
from Dec. 2022 ($754.5 Mil) to Dec. 2023 ($589.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Hanmi Financial's Enterprise Value for Today is $525.6 Mil.
Hanmi Financial Market Cap Historical Data
The historical data trend for Hanmi Financial's Market Cap 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.
Competitive Comparison of Hanmi Financial's Market Cap
For the Banks - Regional subindustry, Hanmi Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Hanmi Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Hanmi Financial's Market Cap falls into.
Hanmi Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Hanmi Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Hanmi Financial (NAS:HAFC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Hanmi Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Hanmi Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hanmi Financial (Hanmi Financial) Business Description
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.
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