Hanmi Financial Corp (HAFC) Files 10-K for the Fiscal Year Ended on December 31, 2018

Hanmi Financial Corp (HAFC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Hanmi Financial Corp is a community bank conducting general banking business. It provides its services to small- to medium-sized businesses. It also offers insurance products such as; life, commercial, automobile, health, and property and casualty. Hanmi Financial Corp has a market cap of $712.580 million; its shares were traded at around $23.04 with a P/E ratio of 12.72 and P/S ratio of 3.58. The dividend yield of Hanmi Financial Corp stocks is 4.18%.

For the last quarter Hanmi Financial Corp reported a revenue of $51.9 million, compared with the revenue of $54.03 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $205.5 million, a decrease of 2.2% from the previous year. For the last five years Hanmi Financial Corp had an average revenue growth rate of 8.6% a year.

The reported diluted earnings per share was $1.79 for the year, an increase of 5.9% from previous year. Over the last five years Hanmi Financial Corp had an EPS growth rate of 6% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Hanmi Financial Corp has the cash and cash equivalents of $155.4 million, compared with $153.8 million in the previous year. The long term debt was $172.8 million, compared with $267.3 million in the previous year. Hanmi Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $23.04, Hanmi Financial Corp is traded at close to its historical median P/S valuation band of $23.52. The P/S ratio of the stock is 3.58, while the historical median P/S ratio is 3.66. The stock lost 21.31% during the past 12 months.

For the complete 20-year historical financial data of HAFC, click here.