Analysts eagerly await Hanmi Financial’s earnings report

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Hanmi Financial Stock Intrinsic Value – Hanmi Financial ($NASDAQ:HAFC) is a regional bank based in Los Angeles that has been expanding rapidly in recent years. They have been especially successful in the Korean-American market, and many expect this trend to continue. Given their strong performance in recent years, analysts are eagerly awaiting Hanmi Financial’s upcoming earnings report. Many are expecting the company to show strong growth, given their recent success.

Hanmi Financial has been able to expand rapidly due to their focus on the Korean-American market. This market is often underserved by larger banks, and Hanmi Financial has been able to capitalize on this. They have been able to gain a large market share in this niche, and many expect this trend to continue. Given their strong performance in recent years, analysts are expecting Hanmi Financial to show strong growth in their upcoming earnings report.

Earnings

The analysts are eagerly waiting for the earning report of Hanmi Financial for the FY2022 Q2 as of June 30. The reason behind this eagerness is that the company has earned 4.9M USD in net income. This is compared to the previous year where there was only a 6.5% increase in net income. The net income of the company has reached from 4.0M USD to 4.9M USD in the last 3 years.

Stock Price

So far, the company’s media exposure has been mostly positive, with many analysts anticipating strong results. On Tuesday, HANMI FINANCIAL stock opened at $25.3 and closed at $25.4, up by 0.5% from the prior closing price of $25.3. This suggests that investors are bullish on the company’s prospects and are eagerly anticipating its earnings report. Analysts will be closely watching the report to see if Hanmi Financial can deliver on its promise of strong results.

VI Analysis – Hanmi Financial Stock Intrinsic Value

HANMI FINANCIAL‘s fundamentals reflect its long term potential. The company’s financials are strong, with a solid balance sheet and a history of profitability. However, the stock is currently trading at a 27% premium to its fair value, as calculated by VI Line. While HANMI FINANCIAL may be a good long-term investment, investors should be aware that the stock is currently overvalued.

VI Peers

As of December 31, 2018, Hanmi Financial Corp had $19.4 billion in total assets, making it one of the largest minority-owned banks in the United States. Headquartered in Los Angeles, California, Hanmi Bank operates 73 full-service branches and 24 loan production offices in California, Colorado, Illinois, New Jersey, New York, Texas, Virginia, Washington, and Wisconsin. Pinnacle Financial Partners Inc, Capitol Federal Financial Inc, and Mountain Pacific Bancorp Inc are all competitors of Hanmi Financial Corp.

– Pinnacle Financial Partners Inc ($NASDAQ:PNFP)

Pinnacle Financial Partners Inc is a regional banking company headquartered in Nashville, Tennessee, with approximately $33.8 billion in assets as of December 31, 2019. The Company operates through its wholly owned subsidiary, Pinnacle Bank, which provides a full range of banking services to small and medium-sized businesses and consumers in the metropolitan markets of Tennessee, North Carolina, South Carolina, Virginia and Georgia.

– Capitol Federal Financial Inc ($NASDAQ:CFFN)

As of 2022, Capitol Federal Financial Inc has a market cap of 1.18B. The company is a financial services holding company that offers banking products and services through its subsidiary, Capitol Federal Savings Bank. Products and services include savings accounts, checking accounts, money market accounts, certificates of deposit, personal loans, home equity loans, and mortgage loans.

Summary

Investors are eagerly awaiting Hanmi Financial‘s earnings report, which is due out soon. So far, media exposure has been mostly positive, with analysts anticipating strong results. For those looking to get in on the action, Hanmi Financial is a great option. The company has a strong track record of growth and profitability, and is well-positioned to continue delivering strong results in the future.

Investors should keep an eye on Hanmi Financial’s earnings report and pay close attention to the company’s guidance for the future. If Hanmi Financial continues to perform well, it could be a great long-term investment.