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FX.co ★ Hanmi Financial Corporation Announces Decline In Q4 Bottom Line, But Beats Estimates

Hanmi Financial Corporation Announces Decline In Q4 Bottom Line, But Beats Estimates

Hanmi Financial Corporation (HAFC) announced its fourth-quarter profit, which, although lower than the previous year's figures, surpassed Wall Street's projections.

The company's earnings amounted to $17.70 million, translating to $0.58 per share, compared to $18.63 million or $0.61 per share from the same quarter last year.

On average, analysts had projected earnings of $0.53 per share, typically excluding any special items.

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Overview of Hanmi Financial Corporation's GAAP earnings:

- Net Income: $17.70 million compared to last year's $18.63 million.

- Earnings Per Share (EPS): $0.58 versus $0.61 from the prior year.

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