HAFC, US4104952043

Hanmi Financial joins Sm-All Stars. Hanmi Financial stock sits 4.55 percent below target

Published on 10/06/2026 at 05:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piper Sandler named Hanmi Bank to its 2026 Sm-All Stars on September 23, 2026. A USD 33.00 target values Hanmi Financial stock.

HAFC, US4104952043, Illustration mit AI erstellt.

Hanmi Financial (ISIN US4104952043) was last at USD 31.50 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, placing the stock 4.55 percent below the USD 33.00 average target. On September 23, 2026, Hanmi Financial announced that Hanmi Bank had joined Piper Sandler's Sm-All Stars Class of 2026.

Sm-All Stars recognize operating metrics

The recognition puts Hanmi Bank among 25 institutions selected nationwide for the 2026 class. The program evaluates earnings growth, loan growth, deposit growth, return on average equity, asset quality and capital standards, giving the award a broader operating basis than a single quarterly number.

It was the second time Hanmi Bank received the designation. Hanmi Financial's parent-bank structure and its focus on real estate, commercial, Small Business Administration and trade finance lending connect the award to the company's core loan franchises.

Second-quarter earnings improved

For the second quarter ended June 30, 2026, Hanmi Financial reported net income of USD 23.5 million, up 4.2 percent from USD 22.6 million in the first quarter. Diluted earnings per share reached USD 0.79, compared with USD 0.75 in the prior quarter, while net interest income rose 1.3 percent to USD 63.9 million.

Operating revenue was USD 72.2 million in the second quarter, up 0.6 percent from USD 71.7 million in the first quarter. Deposits increased 2.3 percent to USD 6.96 billion, and total assets rose 2.7 percent to USD 8.00 billion, showing that balance-sheet expansion accompanied the earnings improvement.

Target remains above Nasdaq price

MarketBeat reported on October 4, 2026 that six analysts held a consensus Hold rating, with four Hold ratings and two Buy ratings. Its USD 33.00 average 12-month target stands USD 1.50 above the October 5 Nasdaq price, while the quarterly dividend was USD 0.28 and the annualized yield was 3.5 percent.

Nasdaq valuation below yearly high

HAFC was last at USD 31.50 on Nasdaq on October 5, 2026 at 4:00 p.m. ET. The USD 937.6 million market capitalization sat within a USD 22.85-33.50 52-week range, leaving the stock 5.97 percent below its yearly high.