Hanmi Financial Corporation (Nasdaq:HAFC) is a leading financial institution that operates as the holding company for Hanmi Bank, a provider of business banking products and services across the United States. With its headquarters in Los Angeles and 35 branches located throughout the country, Hanmi Bank has established itself as a premier provider of financial services to businesses of all sizes. As of its most recent reporting period, the bank had an impressive USD 7.4 billion in total assets.
Comps: Heritage Commerce Corp (Nasdaq:HTBK), Old Second Bancorp, Inc. (Nasdaq:OSBC)
Relative to its counterparts, Hanmi Financial Corporation outperforms with impressive fundamentals. It boasts superior earnings per share, price to earnings, profit margin, return on equity, and net income compared to other similar financial institutions. Moreover, it also provides a generous yield of 4.25%, making it an attractive investment opportunity for interested parties.