earnings
confidence high
sentiment positive
materiality 0.75
Hanmi Financial Q2 net income $23.5M ($0.79 EPS), up 4.2% QoQ; deposits grow 2.3% to $7.0B
HANMI FINANCIAL CORP
- Net income $23.5M ($0.79 diluted EPS) vs Q1 $22.6M ($0.75); ROAA 1.20%, ROAE 11.09%.
- Deposits grew 2.3% to $7.0B; noninterest-bearing deposits increased 5.2% to 31% of total deposits.
- Net interest margin 3.36% (down 2 bps QoQ); net interest income up 1.0% from prior quarter.
- Credit quality strong: NPAs/total assets 0.12% (improved 4 bps), NPLs/total loans 0.15% (improved 4 bps).
- Returned 58% of earnings: $8.3M dividends, $5.2M share repurchases; tangible common equity/tangible assets 10.03%.