Hanmi Financial (HAFC) financial statements
Hanmi Financial reported revenue of $270M in fiscal 2025, up 3.8% a year over 9 years.
Net income was $76M.
Free cash flow was $204M, and the company returned $33M in dividends and $9M in net buybacks.
The diluted share count fell 6% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hanmi Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $193M | $210M | $206M | $203M | $224M | $236M | $272M | $255M | $234M | $270M |
| Operating income | — | — | — | — | — | — | $101M | $80M | $62M | $76M |
| Interest expense | $18M | $33M | $53M | $71M | $43M | $22M | $36M | $148M | — | — |
| Pre-tax income | $89M | $95M | $84M | $47M | $59M | $135M | $141M | $115M | $89M | $108M |
| Income tax | $33M | $41M | $26M | $15M | $17M | $37M | $39M | $35M | $26M | $32M |
| Net income | $56M | $55M | $58M | $33M | $42M | $99M | $101M | $80M | $62M | $76M |
| EPS (diluted) | $1.75 | $1.69 | $1.79 | $1.06 | $1.38 | $3.22 | $3.32 | $2.62 | $2.05 | $2.51 |
| Diluted shares | 32M | 32M | 32M | 31M | 30M | 30M | 30M | 30M | 30M | 30M |
| Operating margin | — | — | — | — | — | — | 37.3% | 31.3% | 26.5% | 28.2% |
| Net margin | 29.2% | 26.0% | 28.2% | 16.1% | 18.8% | 41.9% | 37.3% | 31.3% | 26.5% | 28.2% |
Balance sheet
Fiscal years, from Hanmi Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $147M | $154M | $155M | $122M | $392M | $609M | $352M | $302M | $305M | $213M |
| Property, plant and equipment | $29M | $27M | $28M | $26M | $26M | $25M | $23M | $22M | $21M | $20M |
| Goodwill | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M |
| Total assets | $4.7B | $5.2B | $5.5B | $5.5B | $6.2B | $6.9B | $7.4B | $7.6B | $7.7B | $7.9B |
| Long-term debt | — | — | — | — | $115M | $115M | $115M | $140M | $140M | $140M |
| Total liabilities | $4.2B | $4.6B | $4.9B | $5.0B | $5.6B | $6.2B | $6.7B | $6.9B | $6.9B | $7.1B |
| Shareholders' equity | $531M | $562M | $553M | $563M | $577M | $643M | $638M | $702M | $732M | $796M |
| Net debt | -$147M | -$154M | -$155M | -$122M | -$277M | -$494M | -$237M | -$162M | -$165M | -$73M |
Cash flow
Fiscal years, from Hanmi Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $59M | $82M | $77M | $59M | $60M | $94M | $147M | $109M | $53M | $206M |
| Capital spending | $730,000 | $843,000 | $4M | $2M | $4M | $3M | $2M | $2M | $3M | $2M |
| Free cash flow | $59M | $81M | $73M | $57M | $56M | $91M | $145M | $107M | $50M | $204M |
| Stock-based compensation | $3M | $3M | $4M | $3M | $3M | $2M | $3M | $3M | $4M | $4M |
| Dividends paid | $26M | $26M | $31M | $30M | $16M | $17M | $29M | $31M | $30M | $33M |
| Share buybacks (net) | $0 | $0 | -$36M | -$7M | -$2M | -$6M | — | -$4M | -$6M | -$9M |
| Net borrowing | $0 | $98M | $0 | — | — | — | — | — | — | — |
| Free cash flow margin | 30.3% | 38.4% | 35.5% | 28.1% | 24.9% | 38.6% | 53.5% | 41.8% | 21.3% | 75.4% |
| Dividends per share | $0.80 | $0.80 | $0.96 | $0.97 | $0.53 | $0.54 | $0.94 | $1.01 | $1.01 | $1.09 |
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Open HAFC in InvestinglyQuestions
What was Hanmi Financial's revenue in 2025?
$270M in fiscal 2025, from its 10-K filing.
How much free cash flow does Hanmi Financial generate?
$204M in fiscal 2025 (operating cash flow minus capital spending).
From Hanmi Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.