Hanmi Reports 2026 First Quarter Results
Hanmi Financial reported Q1 2026 net income of $22.6 million, or $0.75 per diluted share, an increase of 6.2% from the prior quarter. The growth was driven by a 10 basis point expansion in net interest margin to 3.38% and higher gains on SBA loan sales. Asset quality improved significantly, with nonperforming assets falling 38% to represent just 0.16% of total assets. Deposits grew 1.8% sequentially to $6.8 billion, supported by a 64% increase in commercial and industrial loan production.
Key figures
- Eps
- 0.75
- Revenue
- $63.2 million
- Revenue Yoy
- 14.7%
- Efficiency ratio
- 53.48%
- Net interest margin
- 3.38%
- Return on average assets
- 1.18%
- Return on average equity
- 10.86%
- Nonperforming assets ratio
- 0.16%
- Tangible common equity to tangible assets
- 10.11%
AI analysis
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