Hanmi Financial Corporation (NASDAQ: HAFC) is one of 311 public companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare Hanmi Financial Corporation to related companies based on the strength of its valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership.
This is a summary of current recommendations and price targets for Hanmi Financial Corporation and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Hanmi Financial Corporation||0||2||1||0||2.33|
|Hanmi Financial Corporation Competitors||2124||8344||8361||329||2.36|
Hanmi Financial Corporation pays an annual dividend of $0.84 per share and has a dividend yield of 2.8%. Hanmi Financial Corporation pays out 46.9% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 35.2% of their earnings in the form of a dividend.
Earnings & Valuation
This table compares Hanmi Financial Corporation and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Hanmi Financial Corporation||$211.55 million||$56.48 million||16.54|
|Hanmi Financial Corporation Competitors||$5.49 billion||$821.37 million||360.08|
Hanmi Financial Corporation’s competitors have higher revenue and earnings than Hanmi Financial Corporation. Hanmi Financial Corporation is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
Hanmi Financial Corporation has a beta of 0.79, meaning that its share price is 21% less volatile than the S&P 500. Comparatively, Hanmi Financial Corporation’s competitors have a beta of 0.80, meaning that their average share price is 20% less volatile than the S&P 500.
This table compares Hanmi Financial Corporation and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Hanmi Financial Corporation||24.54%||10.60%||1.18%|
|Hanmi Financial Corporation Competitors||18.41%||8.49%||0.93%|
Institutional & Insider Ownership
88.6% of Hanmi Financial Corporation shares are held by institutional investors. Comparatively, 51.6% of shares of all “Banks” companies are held by institutional investors. 3.7% of Hanmi Financial Corporation shares are held by insiders. Comparatively, 10.4% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Hanmi Financial Corporation competitors beat Hanmi Financial Corporation on 9 of the 15 factors compared.
Hanmi Financial Corporation Company Profile
Hanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington. The Bank’s client base reflects the multi-ethnic composition of these communities. The Bank maintains a branch network of full-service branch offices in California, Illinois, New Jersey, New York, Texas and Virginia, and loan production offices in California, Colorado, Texas, Virginia and Washington State. Its lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term loans, commercial lines of credit and international), and consumer loans and small business administration (SBA) loans. Its revenues are derived from interest and fees on its loans.
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