HAFC

Hanmi Financial Corporation operates as the holding company for Hanmi Bank, a community business bank serving multi-ethnic communities across the United States. Headquartered in Los Angeles, California, the company provides commercial banking services primarily to small and medium-sized businesses through its network of approximately 35 full-service branches and loan production offices located in California, Texas, Illinois, New York, New Jersey, and Virginia. The bank specializes in commercial real estate loans, commercial and industrial loans, Small Business Administration (SBA) loans, and traditional retail banking products including checking and savings accounts, money market accounts, and certificates of deposit. Hanmi Financial maintains a particular strength in serving Korean-American and other immigrant communities, leveraging multilingual staff and culturally tailored services. The company reports total assets exceeding $7 billion and employs approximately 600 people. Recent strategic initiatives include expanding its SBA lending platform, which has historically been a significant revenue driver, and investing in digital banking capabilities to compete with larger institutions. The bank emphasizes relationship-based banking and local decision-making authority, positioning itself as an alternative to larger national banks for businesses seeking personalized service. Hanmi Financial trades on the NASDAQ under the ticker symbol HAFC and has maintained its focus on prudent underwriting standards while pursuing measured growth in its core markets.