Hanmi Financial (HAFC) investor relations material

Executive summary

• Net income was $23.7 million, up 0.8% QoQ and 7.4% YoY; diluted EPS was $0.80. PPNR rose 10.8% QoQ, while higher credit costs tempered earnings growth.

• Deposits grew 1.4% QoQ to $7.06 billion and loans rose 0.5% to $6.57 billion; nonperforming assets remained 0.12% of assets.

Financial highlights

• Net interest income rose 5.8% QoQ and 10.6% YoY to $67.6 million; operating revenue increased 6.1% QoQ to $76.6 million.

• Noninterest income rose 8.2% QoQ to $9.0 million, led by SBA loan-sale gains; noninterest expense increased 2.1% to $39.8 million, including $1.1 million of accelerated debt-cost amortization.

• Credit loss expense was $4.5 million versus $1.2 million in Q2, primarily reflecting a $3.2 million partial charge-off on a CRE loan.

• Nine-month net income was $69.7 million, up 27.2% YoY; diluted EPS was $2.35 versus $1.82 in 9M 2025.

Outlook and guidance

• FY2026 loan growth was expected in the low single digits; 2027 growth was projected at low- to mid-single digits, with potential for higher growth if production holds and payoffs ease.

• SBA production was expected at $45 million-$50 million per quarter, with 7(a) production sold; the Q4 pipeline indicated a pickup from recent production levels.

• Q4 share repurchases were expected to continue near the dollar run rate of the prior three quarters; management cited healthy loan and deposit pipelines and confidence in earnings growth and shareholder returns.