Hanmi Financial Corp Files 8-K Report

TL;DR

HMFI filed an 8-K today, likely with financial updates. Watch for details.

AI Summary

On April 25, 2024, Hanmi Financial Corporation filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial status and business operations. Specific details regarding the nature of these events or exhibits are not elaborated in the provided text.

Why It Matters

This filing signals to investors and the market that Hanmi Financial Corporation has made significant disclosures or updates, potentially impacting its stock value and business outlook.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report, which typically contains routine disclosures and does not inherently signal high risk.

Key Players & Entities

• HANMI FINANCIAL CORP (company) — Registrant
• Delaware (jurisdiction) — State of Incorporation
• 95-4788120 (identifier) — I.R.S. Employer Identification No.
• 900 Wilshire Boulevard, Suite 1250 (address) — Principal Executive Offices
• Los Angeles, CA 90017 (address) — Principal Executive Offices
• 213-382-2200 (phone_number) — Registrant's telephone number
• April 25, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value HAFC Nasdaq Global Select Mar
• $0.25 — s declared a quarterly cash dividend of $0.25 per share of common stock, and that its

Filing Documents

• f8k_042524.htm (8-K) — 21KB
• exh_991.htm (EX-99.1) — 10KB
• 0001171843-24-002223.txt ( ) — 232KB
• gnw-20190101.xsd (EX-101.SCH) — 3KB
• gnw-20190101_def.xml (EX-101.DEF) — 25KB
• gnw-20190101_lab.xml (EX-101.LAB) — 33KB
• gnw-20190101_pre.xml (EX-101.PRE) — 22KB
• f8k_042524_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. On April 25, 2024, Hanmi Financial Corporation ("Hanmi Financial") issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, and that its Board of Directors approved a new stock repurchase program. The dividend will be paid on May 22, 2024, to stockholders of record as of the close of business on May 6, 2024. Under the new repurchase program, the Company may repurchase up to 5% of its outstanding shares, or approximately 1.5 million shares of its common stock. A copy of the press release announcing the dividend and the stock repurchase program is included as exhibit 99.1 to this report and is incorporated herein by reference. This Current Report and the information included below and furnished as exhibits hereto shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. The furnishing of the information in this Current Report is not intended to, and does not, constitute a determination or admission by the Company that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company or any of its affiliates.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press release issued by Hanmi Financial dated April 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Forward-Looking Statements

Forward-Looking Statements This press release contains forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are "forward–looking statements" for purposes of federal and state securities laws, including, but not limited to, statements about our anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for future operations, developments regarding our capital and strategic plans, and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms and other comparable terminology. Although we believe that our forward-looking statements to be reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statements. These factors include the following: a failure to maintain adequate levels of capital and liquidity to support our operations; general economic and business conditions internationally, nationally and in those areas in which we operate, including any potential recessionary conditions; volatility and deterioration in the credit and equity markets; changes in consumer spending, borrowing and savings habits; availability of capital fr

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HANMI FINANCIAL CORPORATION Date: April 25, 2024 By: /s/ Bonita I. Lee Bonita I. Lee Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR