Hanmi Financial: 2Q24 net income fell 4.7% to $14.5 million, or $0.48 per diluted share
Hanmi Financial furnished a September 2024 investor presentation with 2Q24 results, showing net income of $14.5 million, or $0.48 per diluted share, down 4.7% from $15.2 million, or $0.50 per share, in the prior quarter. Net interest income fell 4.0% to $48.6 million and net interest margin fell to 2.69%, both attributed to higher interest-bearing deposit costs. The presentation references an earnings release dated July 23, 2024, and the company reports a $0.25 per share cash dividend.
Key points
- Net income $14.5 million, or $0.48 per diluted share, versus $15.2 million, or $0.50, in 1Q24
- Net interest income $48.6 million, down 4.0%; net interest margin 2.69%, with cost of interest-bearing deposits at 4.27%, up 11 basis points
- Noninterest income $8.1 million, up 4.2%; noninterest expense $35.3 million, down 3.2%
- Cash dividend of $0.25 per share; tangible book value per share $22.99 at 2Q24
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.