Hanmi Financial Q2 2026: Net Income Hits $23.5M, or $0.79/Share, as Deposits Climb 2.3%
HAFC sits 48% above its 52-week low of $22.
Summary
Hanmi Financial posted Q2 2026 net income of $23.5 million, or $0.79 per diluted share, as deposits grew 2.3% and credit quality improved. The bank returned 58% of earnings to shareholders through dividends and buybacks.
Key Events · Earnings and Guidance · HAFC
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Earnings Beat
Q2 net income reached $23.5 million, or $0.79 per diluted share, up 4.2% from Q1 2026 and 55.5% year-over-year.
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Deposit Growth
Total deposits rose 2.3% sequentially to $6.96 billion, with noninterest-bearing deposits up 5.2% to 30.7% of total deposits.
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Capital Return
58% of Q2 earnings were returned to shareholders: $8.3 million in dividends and $5.2 million in share repurchases (160,000 shares at $30.24 average).
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Asset Quality Improvement
Nonperforming assets fell to 0.12% of total assets, down 4 bps from Q1; net charge-offs were just 0.08% of average loans annualized.
Analysis · HAFC · Finance
A solid quarter for Hanmi, with earnings rising 4.2% sequentially on the back of net interest income growth and lower credit costs. Deposit growth of 2.3% and a healthy capital return—58% of earnings to shareholders via dividends and buybacks—underscore management's confidence. Asset quality remains pristine, with nonperforming assets at just 0.12% of total assets. The results reinforce the bank's steady execution in a favorable rate environment.
At the time of this filing, HAFC was trading at $32.47 on NASDAQ in the Finance sector, with a market capitalization of approximately $966.5M. The 52-week trading range was $22.00 to $33.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.