Hanmi Financial (NASDAQ:HAFC – Get Free Report) announced its earnings results on Tuesday. The bank reported $0.48 EPS for the quarter, meeting analysts’ consensus estimates of $0.48, Zacks reports. The company had revenue of $106.72 million during the quarter, compared to the consensus estimate of $59.07 million. Hanmi Financial had a return on equity of 9.66% and a net margin of 15.84%. During the same quarter in the prior year, the company earned $0.67 earnings per share.
Hanmi Financial Stock Up 2.2 %
HAFC traded up $0.44 during trading on Friday, reaching $20.54. The stock had a trading volume of 90,973 shares, compared to its average volume of 246,412. The stock’s 50 day moving average is $16.52 and its two-hundred day moving average is $16.12. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $624.21 million, a price-to-earnings ratio of 8.38 and a beta of 0.90. Hanmi Financial has a one year low of $13.87 and a one year high of $20.90.
Hanmi Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Monday, August 5th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 5th. This represents a $1.00 dividend on an annualized basis and a yield of 4.87%. Hanmi Financial’s dividend payout ratio (DPR) is 41.67%.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on Hanmi Financial
Hanmi Financial Company Profile
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.
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