The bank maintains a conservative capital structure with an equity-to-assets ratio of 0.10 and total assets of $7.8 billion, supported by a $7.3 billion investment securities portfolio.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 |
|---|
| Cash & Short Term Investments | 3.87B | 1.09B | 1.21B | 1.17B | 1.21B | 1.52B | 1.15B | 756.15M | 730.28M | 732.63M | 664.2M | 862.66M | 1.22B | 710.28M | 719.11M | 563.54M | 219.72M | 154.11M | 85.19M | 105.9M | 97.5M | 103.48M | 55.16M | 62.59M | 67.77M | 81.21M | 176.11M | 63.58M |
| Cash & Due from Banks | 254.04M | 212.84M | 304.8M | 302.32M | 352.42M | 608.97M | 391.85M | 121.68M | 155.38M | 153.83M | 147.24M | 164.36M | 158.32M | 179.36M | 268.05M | 181.68M | 219.72M | 154.11M | 85.19M | 105.9M | 97.5M | 103.48M | 55.16M | 62.59M | 67.77M | 81.21M | 176.11M | 63.58M |
| Short Term Investments | 155.03M | 880.62M | 905.8M | 865.74M | 853.84M | 910.79M | 753.78M | 634.48M | 574.91M | 578.8M | 516.96M | 698.3M | 1.06B | 530.93M | 451.06M | 381.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 7.32B | 7.38B | 7.1B | 6.99B | 6.17B | 5.53B | 5.15B | 4.71B | 5.15B | 4.86B | 4.34B | 3.84B | 3.8B | 2.71B | 2.45B | 2.31B | 2.54B | 2.81B | 3.49B | 3.59B | 3.23B | 2.91B | 2.65B | 1.66B | 1.28B | 1.03B | 826.52M | 645.89M |
| Investments Growth % | 34.71% | 4.03% | 1.5% | 13.21% | 11.72% | 7.41% | 9.16% | -8.51% | 6.06% | 11.99% | 12.94% | 1.04% | 40.38% | 10.76% | 5.72% | -8.75% | -9.7% | -19.54% | -2.86% | 11.23% | 10.85% | 9.77% | 59.58% | 29.55% | 24.14% | 25.11% | 27.97% | - |
| Long-Term Investments | 26.42B | 6.5B | 6.19B | 6.12B | 5.32B | 4.62B | 4.39B | 4.08B | 4.58B | 4.28B | 3.82B | 3.14B | 2.74B | 2.18B | 1.99B | 1.93B | 2.54B | 2.81B | 3.49B | 3.59B | 3.23B | 2.91B | 2.65B | 1.66B | 1.28B | 1.03B | 826.52M | 645.89M |
| Accounts Receivables | 23.32M | 24.47M | 22.94M | 23.37M | 18.54M | 11.98M | 16.36M | 11.74M | 13.33M | 12.77M | 10.99M | 9.5M | 9.75M | 7.05M | 7.58M | 7.83M | 8.05M | 9.49M | 12.35M | 17.41M | 16.92M | 14.12M | 10.03M | 6.69M | 5.53M | 5.41M | 6.85M | 4.96M |
| Goodwill & Intangibles | 11.03M | 11.03M | 11.03M | 11.1M | 11.22M | 11.39M | 11.61M | 11.87M | 12.18M | 12.54M | 12.89M | 1.7M | 2.08M | 1.17M | 1.33M | 1.53M | 2.23M | 3.38M | 12.35M | 17.41M | 16.92M | 14.12M | 10.03M | 6.69M | 5.53M | 5.41M | 6.85M | 4.96M |
| Goodwill | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 11.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 68K | 194K | 364K | 581K | 842K | 1.15M | 1.51M | 1.86M | 1.7M | 2.08M | 1.17M | 1.33M | 1.53M | 2.23M | 3.38M | 12.35M | 17.41M | 16.92M | 14.12M | 10.03M | 6.69M | 5.53M | 5.41M | 6.85M | 4.96M |
| PP&E (Net) | 20.02M | 20.38M | 21.4M | 21.96M | 22.85M | 24.79M | 26.43M | 26.07M | 27.75M | 26.66M | 28.7M | 29.83M | 30.91M | 14.22M | 15.15M | 16.6M | 17.6M | 18.66M | 21.1M | 20.8M | 20.07M | 20.78M | 19.69M | 8.44M | 8.24M | 7.81M | 6.69M | 8.94M |
| Other Assets | 215.16M | 218.98M | 177.25M | 185.64M | 79.43M | 78.37M | 77.81M | 39.4M | 76.74M | 77.96M | 84.85M | 102.66M | 110.13M | 78.89M | 82.88M | 213.29M | 115.33M | 109.55M | 263.23M | 129.65M | 147.82M | 145.13M | 144.37M | 44.37M | 88.9M | 28.11M | 16.01M | 14.22M |
| Total Current Assets | 432.39M | 1.12B | 1.28B | 1.23B | 1.94B | 2.13B | 1.69B | 1.34B | 780.15M | 781.06M | 706.92M | 904.97M | 1.28B | 730.71M | 737.8M | 582.04M | 236.96M | 220.16M | 97.53M | 123.31M | 114.42M | 117.6M | 65.19M | 69.28M | 73.31M | 86.61M | 182.96M | 68.54M |
| Total Non-Current Assets | 7.41B | 6.75B | 6.4B | 6.34B | 5.43B | 4.73B | 4.51B | 4.19B | 4.72B | 4.43B | 3.99B | 3.33B | 2.95B | 2.32B | 2.14B | 2.16B | 2.67B | 2.94B | 3.78B | 3.86B | 3.61B | 3.3B | 3.04B | 1.72B | 1.38B | 1.07B | 851.65M | 671.72M |
| Total Assets | 7.84B | 7.87B | 7.68B | 7.57B | 7.38B | 6.86B | 6.2B | 5.54B | 5.5B | 5.21B | 4.7B | 4.23B | 4.23B | 3.05B | 2.88B | 2.74B | 2.91B | 3.16B | 3.88B | 3.98B | 3.73B | 3.41B | 3.1B | 1.79B | 1.46B | 1.16B | 1.03B | 740.26M |
| Asset Growth % | 9.43% | 2.49% | 1.42% | 2.6% | 7.58% | 10.59% | 11.98% | 0.65% | 5.6% | 10.83% | 11.02% | 0.05% | 38.57% | 5.96% | 5.02% | -5.58% | -8.08% | -18.4% | -2.71% | 6.94% | 9.11% | 9.99% | 73.7% | 22.72% | 25.68% | 12% | 39.76% | - |
| Return on Assets (ROA) | 1.03% | 0.98% | 0.82% | 1.07% | 1.42% | 1.51% | 0.72% | 0.59% | 1.08% | 1.1% | 1.26% | 1.27% | 1.37% | 1.34% | 3.21% | 1% | -2.9% | -3.47% | -2.6% | -1.58% | 1.83% | 1.79% | 1.5% | 1.18% | 1.3% | 1.53% | 1.75% | 1.62% |
| Accounts Payable | 30.59M | 34.78M | 34.82M | 39.31M | 7.79M | 1.16M | 4.56M | 11.21M | 11.38M | 5.31M | 2.57M | 3.18M | 3.45M | 3.37M | 11.78M | 16.03M | 15.97M | 12.61M | 18.54M | 21.83M | 22.58M | 11.91M | 7.1M | 4.4M | 3.38M | 4.73M | 6.38M | 3.16M |
| Total Debt | 130.62M | 280.46M | 393.14M | 455.01M | 479.41M | 352.51M | 268.97M | 208.38M | 172.81M | 267.27M | 333.98M | 188.7M | 168.54M | 127.55M | 85.34M | 85.71M | 237.63M | 238.13M | 505.39M | 619.57M | 251.44M | 128.74M | 151.7M | 183M | 34.45M | 0 | 0 | 5.89M |
| Net Debt | -123.43M | 67.62M | 88.34M | 152.69M | 126.99M | -256.46M | -122.88M | 86.7M | 17.43M | 113.44M | 186.74M | 24.34M | 10.22M | -51.81M | -182.71M | -95.97M | 17.91M | 84.02M | 420.2M | 513.67M | 153.94M | 25.26M | 96.53M | 120.4M | -33.32M | -81.21M | -176.11M | -57.68M |
| Long-Term Debt | 130.62M | 130.46M | 168.14M | 205.01M | 179.41M | 302.51M | 268.97M | 193.38M | 117.81M | 117.27M | 18.98M | 188.7M | 168.54M | 127.55M | 85.34M | 85.71M | 237.63M | 155.72M | 422.98M | 487.16M | 82.41M | 128.74M | 151.7M | 183M | 34.45M | 0 | 0 | 0 |
| Short-Term Debt | 0 | 150M | 225M | 250M | 300M | 50M | 0 | 15M | 55M | 150M | 315M | 0 | 0 | 0 | 0 | 0 | 0 | 82.41M | 82.41M | 132.41M | 169.04M | 0 | 0 | 0 | 0 | 0 | 0 | 5.89M |
| Other Liabilities | 74.58M | 79.9M | 82.01M | 93.56M | 328K | 0 | 1.32M | 66K | 173K | 803K | 978K | 8.37M | 10.82M | 2.12M | 1.34M | 1.72M | 13.58M | 12.9M | 17.89M | -30M | 19.39M | 20.71M | 16.67M | 14.44M | 10.02M | 6.81M | 7.25M | 7.65M |
| Total Current Liabilities | 6.83B | 6.86B | 6.7B | 6.57B | 6.56B | 5.91B | 5.35B | 4.78B | 4.83B | 4.53B | 4.15B | 3.54B | 3.6B | 2.52B | 2.42B | 2.37B | 2.48B | 2.84B | 3.17B | 3.16B | 3.14B | 2.84B | 2.54B | 1.45B | 1.29B | 1.05B | 940.96M | 664.78M |
| Total Non-Current Liabilities | 205.19M | 210.37M | 250.15M | 298.57M | 179.74M | 302.51M | 270.29M | 193.44M | 117.98M | 118.07M | 19.96M | 197.07M | 179.37M | 129.67M | 86.68M | 87.42M | 251.21M | 168.62M | 440.88M | 457.17M | 101.79M | 149.45M | 168.37M | 197.43M | 44.47M | 6.81M | 7.25M | 7.65M |
| Total Liabilities | 7.04B | 7.07B | 6.95B | 6.87B | 6.74B | 6.22B | 5.62B | 4.97B | 4.95B | 4.65B | 4.17B | 3.74B | 3.78B | 2.65B | 2.5B | 2.46B | 2.73B | 3.01B | 3.61B | 3.61B | 3.24B | 2.99B | 2.7B | 1.65B | 1.33B | 1.05B | 948.21M | 672.43M |
| Total Equity | 802.82M | 796.39M | 732.17M | 701.89M | 637.51M | 643.42M | 577.04M | 563.27M | 552.57M | 562.48M | 531.02M | 493.92M | 453.39M | 400.08M | 378.36M | 285.61M | 173.26M | 149.74M | 263.92M | 370.56M | 487.12M | 426.78M | 399.91M | 139.47M | 124.47M | 104.87M | 86.4M | 67.83M |
| Equity Growth % | 29.3% | 8.77% | 4.31% | 10.1% | -0.92% | 11.5% | 2.45% | 1.94% | -1.76% | 5.92% | 7.51% | 8.94% | 13.32% | 5.74% | 32.48% | 64.85% | 15.7% | -43.26% | -28.78% | -23.93% | 14.14% | 6.72% | 186.74% | 12.05% | 18.68% | 21.39% | 27.37% | - |
| Equity / Assets (Capital Ratio) | 10.24% | 10.12% | 9.54% | 9.27% | 8.64% | 9.38% | 9.3% | 10.17% | 10.04% | 10.8% | 11.3% | 11.66% | 10.71% | 13.1% | 13.13% | 10.41% | 5.96% | 4.73% | 6.81% | 9.3% | 13.08% | 12.5% | 12.88% | 7.8% | 8.55% | 9.05% | 8.35% | 9.16% |
| Return on Equity (ROE) | 10.31% | 9.96% | 8.67% | 11.95% | 15.83% | 16.17% | 7.4% | 5.88% | 10.38% | 10% | 11.02% | 11.36% | 11.66% | 10.24% | 27.21% | 12.27% | -54.49% | -59.12% | -32.18% | -14.17% | 14.3% | 14.09% | 13.61% | 14.56% | 14.85% | 17.58% | 20.13% | 17.7% |
| Book Value per Share | 26.93 | 26.51 | 24.32 | 23.14 | 20.98 | 21.12 | 19.06 | 18.31 | 17.24 | 17.44 | 16.57 | 15.49 | 14.18 | 12.62 | 12.01 | 13.98 | 14.70 | 25.18 | 46.03 | 62.04 | 78.83 | 68.36 | 80.71 | 38.87 | 35.08 | 27.70 | 25.31 | 18.01 |
| Tangible BV per Share | 26.56 | 26.14 | 23.96 | 22.78 | 20.61 | 20.74 | 18.67 | 17.93 | 16.86 | 17.05 | 16.17 | 15.44 | 14.11 | 12.58 | 11.96 | 13.91 | 14.51 | 24.62 | 43.87 | 59.12 | 76.10 | 66.10 | 78.69 | 37.00 | 33.52 | 26.27 | 23.30 | 16.69 |
| Common Stock | 34K | 34K | 34K | 34K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 257K | 257K | 257K | 257K | 257K | 156K | 56K | 51K | 50K | 50K | 50K | 49K | 14K | 14K | 13K | 7.43K | 56.21M |
| Additional Paid-in Capital | 595.37M | 594.67M | 591.07M | 586.91M | 583.41M | 580.8M | 578.36M | 575.82M | 569.71M | 565.63M | 562.45M | 557.76M | 554.9M | 552.27M | 550.07M | 549.74M | 472.33M | 357.17M | 349.3M | 348.07M | 344.81M | 339.99M | 334.93M | 103.08M | 99.94M | 81.09M | 65.42M | 0 |
| Retained Earnings | 408.33M | 394.33M | 350.87M | 319.05M | 269.54M | 196.78M | 114.62M | 100.55M | 97.54M | 70.58M | 41.73M | 6.42M | -32.38M | -73.21M | -107.52M | -197.89M | -226.04M | -138.03M | -15.75M | 92.42M | 165.5M | 112.31M | 63.89M | 35.98M | 22.41M | 22.77M | 21.27M | 14.68M |
| Accumulated OCI | -45.55M | -43.17M | -70.72M | -71.93M | -88.98M | -8.44M | 3.08M | 3.38M | -6.08M | -1.87M | -2.39M | -315K | 463K | -9.38M | 5.42M | 3.52M | -2.96M | 859K | 326K | 30K | -3.2M | -5.53M | 1.03M | 386K | 2.1M | 1M | -298.63K | -3.07M |
| Treasury Stock | -155.36M | -149.47M | -139.07M | -132.18M | -126.48M | -125.75M | -119.05M | -116.52M | -108.64M | -71.89M | -70.79M | -70.21M | -69.86M | -69.86M | -69.86M | -69.86M | -70.01M | -70.01M | -70.01M | -70.01M | -20.04M | -20.04M | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE concentration and funding
As reported in recent financial statements, HAFC's total assets have shown a measured expansion from $7.5 billion in 2024Q1 to $7.8 billion in 2026Q1, primarily driven by a steady increase in the investment securities portfolio rather than aggressive, high-risk loan book expansion.
The bank's asset growth appears to be characterized by a conservative tilt toward liquid securities, which may suggest a defensive posture in anticipation of economic volatility. This strategy likely serves to preserve capital while the bank navigates the competitive landscape of its core Korean-American business niche.
Based on the provided quarterly data, HAFC has maintained a consistent equity-to-assets ratio of approximately 0.10, reflecting a stable capital base that has grown from $703.1 million in 2024Q1 to $802.8 million by 2026Q1, indicating disciplined internal capital generation.
The bank's capital position appears robust enough to support its current risk profile, though the lack of significant leverage expansion suggests management remains cautious regarding potential credit deterioration. Investors should monitor whether this capital buffer is utilized for strategic growth or if it remains a defensive shield against potential loan losses.
According to recent balance sheet filings, HAFC maintains a liquid profile with cash and cash equivalents fluctuating between $212.8 million and $380.1 million, complemented by a substantial investment securities portfolio that reached $7.3 billion in 2026Q1, providing a flexible buffer for contingent funding needs.
The bank's reliance on a large securities portfolio for liquidity suggests a proactive approach to managing interest rate risk and deposit volatility. This liquidity structure appears designed to mitigate the risks associated with the bank's specialized, relationship-based deposit base, which may be sensitive to broader market interest rate shifts.
As indicated by the bank's historical loan composition, the persistent concentration in commercial real estate remains a primary risk factor, with the portfolio's sensitivity to market cycles potentially masking underlying credit vulnerabilities that could emerge if regional economic conditions in California deteriorate further.
While the bank's current capital ratios appear healthy, the heavy weighting toward CRE suggests that the balance sheet may be more vulnerable to property valuation corrections than the headline figures imply. This concentration warrants ongoing investigation into the specific underwriting standards and the prevalence of personal guarantees within the portfolio.
Quick answers to the most common questions about buying HAFC stock.
As of 2025, Hanmi Financial Corporation (HAFC) had total assets of $7.87B including $1.12B in current assets.
Hanmi Financial Corporation (HAFC) carries total debt of $280.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Hanmi Financial Corporation (HAFC) has total shareholders' equity (book value) of $796.4M ($26.51 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Hanmi Financial Corporation (HAFC) reported a current ratio of 0.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.