Hanmi Financial (HAFC) Reports Q4 EPS of $0.37

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Go back to Hanmi Financial (HAFC) Reports Q4 EPS of $0.37

Hanmi Reports Fourth Quarter 2018 Results

January 15, 2019 4:05 PM EST

2018 Fourth Quarter and Full Year Highlights:   

Fourth quarter net income of $11.4 million, or $0.37 per diluted share, down from $16.1 million, or $0.50 per diluted share from the prior quarter; Full year 2018 net income of $57.9 million, or $1.79 per diluted share, compared with $54.7 million, or $1.69 per diluted share in 2017. Income tax expense for the quarter includes a net charge of $2.7 million, or $0.09 per diluted share, reflecting changes in the valuation of deferred tax assets. Loans and leases receivable of $4.60 billion, up 1.6% in the fourth quarter on an annualized basis and up 6.9%... More