Every material Form 8-K Hanmi Financial filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Hanmi Financial reported third quarter 2024 net income of $14.9 million, or $0.49 per diluted share, up from $14.5 million, or $0.48 per diluted share, in the second quarter. Net interest margin rose to 2.74% from 2.69%, while credit loss expense increased to $2.3 million from $1.0 million, and criticized loans rose to $160.0 million.
Net income $14.9 million, or $0.49 per diluted share, versus $14.5 million, or $0.48, in Q2 2024
Net interest margin 2.74%, up five basis points from 2.69%; net interest income $50.1 million, up 2.9%
Credit loss expense $2.3 million versus $1.0 million in Q2 2024; criticized loans $160.0 million at September 30, 2024, up from $70.9 million
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.
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
Hanmi Financial furnished an investor slide presentation titled Strategy and Governance Update under Item 2.02, which the 8-K says was distributed to analysts and investors on August 22, 2024. The deck mainly restates figures from the second quarter of 2024 and covers strategy, governance, and risk management, with no new earnings results or guidance changes disclosed in the filing.
Second-quarter 2024 net income was $14.5 million, or $0.48 diluted EPS, with a 7.50% ROAE and 2.69% NIM, as of June 30, 2024.
Total assets were $7.6 billion, loans $6.2 billion, and deposits $6.3 billion as of June 30, 2024.
The presentation references a cash dividend of $0.25 per share and a common equity tier 1 capital ratio of 12.11%.
The 8-K is dated August 22, 2024, but the presentation is titled Strategy and Governance Update August 26, 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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Hanmi Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →