Hanmi Financial Corporation
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers deposit products, including noninterest-bearing checking, negotiable order of withdrawal, savings, and money market accounts, as well as certificates of deposit. It also provides real estate loans, such as commercial property, con… Read more
Hanmi Financial Corporation (HAFC) - Net Assets
Latest net assets as of December 2025: $796.39 Million USD
Based on the latest financial reports, Hanmi Financial Corporation (HAFC) has net assets worth $796.39 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.87 Billion) and total liabilities ($7.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $796.39 Million |
| % of Total Assets | 10.12% |
| Annual Growth Rate | 9.94% |
| 5-Year Change | 23.77% |
| 10-Year Change | 49.97% |
| Growth Volatility | 39.57 |
Hanmi Financial Corporation - Net Assets Trend (1999–2025)
This chart illustrates how Hanmi Financial Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hanmi Financial Corporation (1999–2025)
The table below shows the annual net assets of Hanmi Financial Corporation from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $796.39 Million | +8.77% |
| 2024-12-31 | $732.17 Million | +4.31% |
| 2023-12-31 | $701.89 Million | +10.10% |
| 2022-12-31 | $637.51 Million | -0.92% |
| 2021-12-31 | $643.42 Million | +11.50% |
| 2020-12-31 | $577.04 Million | +2.45% |
| 2019-12-31 | $563.27 Million | +1.94% |
| 2018-12-31 | $552.57 Million | -1.76% |
| 2017-12-31 | $562.48 Million | +5.92% |
| 2016-12-31 | $531.02 Million | +7.51% |
| 2015-12-31 | $493.92 Million | +8.94% |
| 2014-12-31 | $453.39 Million | +13.32% |
| 2013-12-31 | $400.08 Million | +5.74% |
| 2012-12-31 | $378.36 Million | +32.48% |
| 2011-12-31 | $285.61 Million | +64.85% |
| 2010-12-31 | $173.26 Million | +15.70% |
| 2009-12-31 | $149.74 Million | -43.26% |
| 2008-12-31 | $263.92 Million | -28.78% |
| 2007-12-31 | $370.56 Million | -23.93% |
| 2006-12-31 | $487.12 Million | +14.14% |
| 2005-12-31 | $426.78 Million | +6.72% |
| 2004-12-31 | $399.91 Million | +186.74% |
| 2003-12-31 | $139.47 Million | +12.05% |
| 2002-12-31 | $124.47 Million | +18.68% |
| 2001-12-31 | $104.87 Million | +21.39% |
| 2000-12-31 | $86.40 Million | +27.37% |
| 1999-12-31 | $67.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanmi Financial Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2585.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $394.33 Million | 49.52% |
| Common Stock | $34.00K | 0.00% |
| Other Comprehensive Income | $-43.17 Million | -5.42% |
| Other Components | $445.19 Million | 55.90% |
| Total Equity | $796.39 Million | 100.00% |
Hanmi Financial Corporation Competitors by Market Cap
The table below lists competitors of Hanmi Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ratos AB (publ)
PINK:RTOBF
|
$737.88 Million |
|
Taiflex Scientific Co Ltd
TW:8039
|
$738.01 Million |
|
Abcellera Biologics Inc
NASDAQ:ABCL
|
$738.02 Million |
|
Whitestone REIT
NYSE:WSR
|
$738.03 Million |
|
Medartis Holding AG
PINK:MDRSF
|
$737.57 Million |
|
Aecon Group Inc
PINK:AEGXF
|
$737.44 Million |
|
WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust
BK:WHART
|
$737.43 Million |
|
LegalZoom.com Inc
NASDAQ:LZ
|
$736.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanmi Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 732,174,000 to 796,386,000, a change of 64,212,000 (8.8%).
- Net income of 76,089,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 27,548,000.
- Other factors decreased equity by 39,425,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $76.09 Million | +9.55% |
| Other Comprehensive Income | $27.55 Million | +3.46% |
| Other Changes | $-39.42 Million | -4.95% |
| Total Change | $- | 8.77% |
Book Value vs Market Value Analysis
This analysis compares Hanmi Financial Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.41x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $18.01 | $25.41 | x |
| 2000-12-31 | $25.31 | $25.41 | x |
| 2001-12-31 | $27.70 | $25.41 | x |
| 2002-12-31 | $35.08 | $25.41 | x |
| 2003-12-31 | $38.87 | $25.41 | x |
| 2004-12-31 | $80.71 | $25.41 | x |
| 2005-12-31 | $68.36 | $25.41 | x |
| 2006-12-31 | $78.83 | $25.41 | x |
| 2007-12-31 | $62.04 | $25.41 | x |
| 2008-12-31 | $46.03 | $25.41 | x |
| 2009-12-31 | $25.18 | $25.41 | x |
| 2010-12-31 | $14.70 | $25.41 | x |
| 2011-12-31 | $13.98 | $25.41 | x |
| 2012-12-31 | $12.01 | $25.41 | x |
| 2013-12-31 | $12.62 | $25.41 | x |
| 2014-12-31 | $14.18 | $25.41 | x |
| 2015-12-31 | $15.49 | $25.41 | x |
| 2016-12-31 | $16.57 | $25.41 | x |
| 2017-12-31 | $17.44 | $25.41 | x |
| 2018-12-31 | $17.24 | $25.41 | x |
| 2019-12-31 | $18.31 | $25.41 | x |
| 2020-12-31 | $19.06 | $25.41 | x |
| 2021-12-31 | $21.12 | $25.41 | x |
| 2022-12-31 | $20.98 | $25.41 | x |
| 2023-12-31 | $23.14 | $25.41 | x |
| 2024-12-31 | $24.32 | $25.41 | x |
| 2025-12-31 | $26.51 | $25.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanmi Financial Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.11%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 9.88x
- Recent ROE (9.55%) is above the historical average (3.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 17.70% | 18.42% | 0.09x | 10.91x | $5.22 Million |
| 2000 | 17.97% | 17.79% | 0.08x | 11.98x | $6.88 Million |
| 2001 | 16.03% | 17.90% | 0.08x | 11.05x | $6.32 Million |
| 2002 | 13.68% | 18.81% | 0.06x | 11.70x | $4.58 Million |
| 2003 | 13.78% | 19.72% | 0.05x | 12.81x | $5.27 Million |
| 2004 | 9.18% | 22.69% | 0.05x | 7.76x | $-3.29 Million |
| 2005 | 13.64% | 25.17% | 0.07x | 8.00x | $15.55 Million |
| 2006 | 13.42% | 21.99% | 0.08x | 7.65x | $16.64 Million |
| 2007 | -16.40% | -18.87% | 0.08x | 10.75x | $-97.82 Million |
| 2008 | -38.68% | -37.34% | 0.07x | 14.69x | $-128.48 Million |
| 2009 | -81.66% | -56.54% | 0.07x | 21.12x | $-137.25 Million |
| 2010 | -50.80% | -52.15% | 0.06x | 16.78x | $-105.33 Million |
| 2011 | 9.86% | 18.54% | 0.06x | 9.61x | $-413.80K |
| 2012 | 23.87% | 65.37% | 0.05x | 7.62x | $52.49 Million |
| 2013 | 9.96% | 27.11% | 0.05x | 7.63x | $-150.70K |
| 2014 | 10.98% | 30.26% | 0.04x | 9.34x | $4.42 Million |
| 2015 | 10.90% | 25.41% | 0.05x | 8.57x | $4.43 Million |
| 2016 | 10.64% | 26.70% | 0.04x | 8.85x | $3.39 Million |
| 2017 | 9.72% | 22.52% | 0.05x | 9.26x | $-1.59 Million |
| 2018 | 10.47% | 22.35% | 0.05x | 9.96x | $2.61 Million |
| 2019 | 5.82% | 12.01% | 0.05x | 9.83x | $-23.54 Million |
| 2020 | 7.31% | 15.89% | 0.04x | 10.75x | $-15.51 Million |
| 2021 | 15.34% | 38.43% | 0.04x | 10.66x | $34.34 Million |
| 2022 | 15.90% | 32.92% | 0.04x | 11.57x | $37.64 Million |
| 2023 | 11.40% | 20.13% | 0.05x | 10.79x | $9.85 Million |
| 2024 | 8.50% | 14.48% | 0.06x | 10.49x | $-11.02 Million |
| 2025 | 9.55% | 17.11% | 0.06x | 9.88x | $-3.55 Million |
Industry Comparison
This section compares Hanmi Financial Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanmi Financial Corporation (HAFC) | $796.39 Million | 17.70% | 8.88x | $737.82 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |