earnings
confidence high
sentiment neutral
materiality 0.65
Hanmi Financial Q1 net income flat at $17.7M; net interest margin expands 11 bps to 3.02%
HANMI FINANCIAL CORP
2025-Q1 EPS reported
$0.58
revenue$62,818,000
- Net income $17.7M ($0.58 diluted EPS), unchanged from Q4 2024; ROAA 0.94%, ROAE 8.92%.
- Net interest margin (taxable equivalent) up 11 bps to 3.02%, driven by lower funding costs.
- Total deposits grew 2.9% to $6.62B; noninterest-bearing deposits 31.2% of total.
- Loans rose 0.5% to $6.28B; loan production $345.9M at 7.35% weighted average rate.
- Credit loss expense increased to $2.7M from $0.9M; nonperforming loans 0.57% of loans.