Hanmi Financial (HAFC) Reports In-Line Q3 EPS

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Hanmi Reports 2023 Third Quarter Results

October 24, 2023 4:05 PM EDT

LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or Hanmi), the parent company of Hanmi Bank (the Bank), today reported financial results for the third quarter of 2023.

Net income for the third quarter of 2023 was $18.8 million, or $0.62 per diluted share, compared with $20.6 million, or $0.67 per diluted share, for the second quarter of 2023. Return on average assets and return on average equity for the third quarter of 2023 were 1.00% and 9.88% annualized, respectively.

Net income for the first nine months of 2023 was $61.4 million, or $2.01 per diluted share, compared with $72.9... More