Hanmi Financial

Hanmi helps small business owners and families manage their money. It provides loans to help local companies grow and succeed. The bank focuses on serving diverse immigrant communities in several states.

Where the Money Comes From

• Loan Interest and Fees: Income generated from lending to businesses and property owners; accounts for 84.5% of total revenues in 2025.
• Investment Income: Interest and dividends earned from the company's portfolio of securities; accounts for 6% of total revenues in 2025.
• Service Charges: Fees collected for managing bank accounts and providing banking services; accounts for 5.4% of total revenues in 2025.
• SBA Loan Sales: Gains from selling the guaranteed portion of Small Business Administration (SBA) loans; accounts for 1.8% of total revenues in 2025.

Steps Toward Future Growth

• Maintained a network of 35 branches and eight loan production offices across nine states as of February 2022.
• Launched the Hanmi Credit Trainee program in 2021 to develop the next generation of banking professionals.
• Expanded residential mortgage sales during 2025 to generate $1.9 million in gains from selling loans to investors.
• Diversified the Hanmi Bank portfolio by increasing Commercial and Industrial (C&I) loans to 16.4% of total loans by late 2025.

What Makes Hanmi Unique?

Hanmi serves multi-ethnic communities and small businesses that may lack access to larger nationwide banks. Over 93% of the workforce is ethnically diverse, which helps the company build deep relationships within the communities it serves.

The Latest Financial Performance

• Net income rose to $22.6 million in Q1 2026, up 27.6% from $17.7 million in Q1 2025.
• Gross profit reached $63.2 million in Q1 2026, a 5.2% increase from the $60.1 million reported in Q1 2025.
• Revenue hit $102.2 million in Q1 2026, down 4.5% from $107 million in Q1 2025.
• Market capitalization grew to $781 million in Q1 2026, up 15.1% from $678 million in Q1 2025.

Bottom Line

Hanmi has evolved from a local Los Angeles bank into a multi-state provider for diverse business communities. Its focus on specialized lending and community ties supports its long-term role in the regional banking sector.