Hanmi Financial (HAFC) Tops Q2 EPS by 15c
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Hanmi Reports Second Quarter 2022 Results
July 26, 2022 4:05 PM EDTLOS ANGELES, July 26, 2022 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or Hanmi), the parent company of Hanmi Bank (the Bank), today reported financial results for the second quarter of 2022.
Net income for the second quarter of 2022 was $25.1 million, or $0.82 per diluted share, up 21.0% from $20.7 million, or $0.68 per diluted share for the first quarter of 2022. The sequential quarter increase in net income reflects growth in net interest income and noninterest income, carefully managed noninterest expenses and a modest credit loss expense. Return on average assets and return on average equity for the second quarter of 2022 were 1.45% and 14.92%,... More
