Hanmi Financial Corporation

NasdaqGS:HAFC Stock Report

Market Cap: US$691.8m

Hanmi Financial Management

Management criteria checks 4/4

Hanmi Financial's CEO is Bonnie Lee, appointed in Aug 2013, has a tenure of 11.42 years. total yearly compensation is $2.07M, comprised of 36.8% salary and 63.2% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth $3.77M. The average tenure of the management team and the board of directors is 7.8 years and 8.8 years respectively.

Key information

Bonnie Lee

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage36.8%
CEO tenure11.4yrs
CEO ownership0.5%
Management average tenure7.8yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Hanmi Financial: Downgrading To Hold But Raising The Earnings Estimate

Nov 20

Hanmi Financial (NASDAQ:HAFC) Has Announced A Dividend Of $0.25

Oct 29
Hanmi Financial (NASDAQ:HAFC) Has Announced A Dividend Of $0.25

Hanmi Financial: 5.0% Dividend Yield And Next Year's Earnings Outlook Is Stable

Sep 01

Hanmi Financial (NASDAQ:HAFC) Will Pay A Dividend Of $0.25

Jul 29
Hanmi Financial (NASDAQ:HAFC) Will Pay A Dividend Of $0.25

Hanmi Financial (NASDAQ:HAFC) Has Affirmed Its Dividend Of $0.25

Apr 30
Hanmi Financial (NASDAQ:HAFC) Has Affirmed Its Dividend Of $0.25

Hanmi Financial: High Dividend Yield Is Safe From A Negative Earnings Outlook

Apr 27

Hanmi Financial: Over 6% Dividend Yield, Upgrading To Buy

Feb 06

Hanmi Financial's (NASDAQ:HAFC) Dividend Will Be $0.25

Nov 02
Hanmi Financial's (NASDAQ:HAFC) Dividend Will Be $0.25

Hanmi Financial (NASDAQ:HAFC) Will Pay A Dividend Of $0.25

Aug 02
Hanmi Financial (NASDAQ:HAFC) Will Pay A Dividend Of $0.25

Hanmi Financial raises dividend by 13% to $0.25

Jul 28

If You Like EPS Growth Then Check Out Hanmi Financial (NASDAQ:HAFC) Before It's Too Late

Jun 12
If You Like EPS Growth Then Check Out Hanmi Financial (NASDAQ:HAFC) Before It's Too Late

Hanmi Financial: Attractively Valued With A Positive Outlook On Topline Growth

Feb 20

Here's Why I Think Hanmi Financial (NASDAQ:HAFC) Is An Interesting Stock

Jan 07
Here's Why I Think Hanmi Financial (NASDAQ:HAFC) Is An Interesting Stock

Is Hanmi Financial Corporation (NASDAQ:HAFC) The Right Choice For A Smart Dividend Investor?

Mar 24
Is Hanmi Financial Corporation (NASDAQ:HAFC) The Right Choice For A Smart Dividend Investor?

Could The Hanmi Financial Corporation (NASDAQ:HAFC) Ownership Structure Tell Us Something Useful?

Feb 26
Could The Hanmi Financial Corporation (NASDAQ:HAFC) Ownership Structure Tell Us Something Useful?

Hanmi Financial Corporation (NASDAQ:HAFC) Will Pay A US$0.10 Dividend In Four Days

Jan 31
Hanmi Financial Corporation (NASDAQ:HAFC) Will Pay A US$0.10 Dividend In Four Days

CEO Compensation Analysis

How has Bonnie Lee's remuneration changed compared to Hanmi Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$63m

Jun 30 2024n/an/a

US$67m

Mar 31 2024n/an/a

US$73m

Dec 31 2023US$2mUS$763k

US$80m

Sep 30 2023n/an/a

US$89m

Jun 30 2023n/an/a

US$98m

Mar 31 2023n/an/a

US$102m

Dec 31 2022US$2mUS$704k

US$101m

Sep 30 2022n/an/a

US$106m

Jun 30 2022n/an/a

US$105m

Mar 31 2022n/an/a

US$102m

Dec 31 2021US$2mUS$616k

US$98m

Sep 30 2021n/an/a

US$79m

Jun 30 2021n/an/a

US$69m

Mar 31 2021n/an/a

US$56m

Dec 31 2020US$1mUS$545k

US$42m

Sep 30 2020n/an/a

US$31m

Jun 30 2020n/an/a

US$27m

Mar 31 2020n/an/a

US$20m

Dec 31 2019US$1mUS$477k

US$33m

Sep 30 2019n/an/a

US$41m

Jun 30 2019n/an/a

US$45m

Mar 31 2019n/an/a

US$57m

Dec 31 2018US$444kUS$389k

US$58m

Compensation vs Market: Bonnie's total compensation ($USD2.07M) is below average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: Bonnie's compensation has been consistent with company performance over the past year.


CEO

Bonnie Lee (61 yo)

11.4yrs

Tenure

US$2,073,765

Compensation

Ms. Bonita I. Lee, also known as Bonnie, has been Chief Executive Officer of Hanmi Financial Corporation and Hanmi Bank since May 3, 2019 and its President since June 15, 2018. She served as Chief Operatin...


Leadership Team

NamePositionTenureCompensationOwnership
Bonita Lee
President11.4yrsUS$2.07m0.54%
$ 3.8m
Romolo Santarosa
Senior EVP & CFO9.2yrsUS$977.96k0.21%
$ 1.5m
Anthony Kim
Senior EVP & Chief Banking Officerno dataUS$670.51k0.13%
$ 891.5k
Matthew Fuhr
Executive VP & Chief Credit Officer of Hanmi Bank7.8yrsUS$591.25k0.10%
$ 697.4k
Michael Du
Executive VP & Chief Risk Officer5.2yrsUS$435.44k0.037%
$ 253.3k
Joseph Pangrazio
Senior VP & Chief Accounting Officer3.3yrsno data0.0097%
$ 67.0k
Vivian Kim
Executive VPno datano datano data

7.8yrs

Average Tenure

61yo

Average Age

Experienced Management: HAFC's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bonita Lee
President5.8yrsUS$2.07m0.54%
$ 3.8m
Michael Yang
Independent Director8.9yrsUS$129.01k0.092%
$ 635.1k
James Marasco
Independent Director1yrno datano data
Gideon Yu
Independent Director4yrsUS$124.09k0.042%
$ 289.7k
John Ahn
Independent Chairman10.1yrsUS$153.14k0.16%
$ 1.1m
Harry Chung
Independent Director8.9yrsUS$129.39k0.11%
$ 795.0k
Thomas Williams
Independent Director8.6yrsUS$132.18k0.078%
$ 541.3k
David Rosenblum
Independent Vice Chairman10.8yrsUS$149.68k0.11%
$ 777.9k
Christie Chu
Independent Director9.8yrsUS$131.93k0.092%
$ 633.3k
Gloria Lee
Independent Director3.2yrsUS$121.30k0.035%
$ 243.7k

8.8yrs

Average Tenure

59yo

Average Age

Experienced Board: HAFC's board of directors are considered experienced (8.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 22:31
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hanmi Financial Corporation is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth KariwalaBofA Global Research
Joseph GladueB. Riley Securities, Inc.
Gary TennerD.A. Davidson & Co.