Hanmi Financial Corp Files 8-K on Financials

Ticker: HAFC · Form: 8-K · Filed: Jul 29, 2024 · CIK: 1109242

Hanmi Financial CORP 8-K Filing Summary
FieldDetail
CompanyHanmi Financial CORP (HAFC)
Form Type8-K
Filed DateJul 29, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, 8-k

Related Tickers: HAFC

TL;DR

Hanmi Financial Corp dropped an 8-K detailing its financial results and condition as of July 29, 2024.

AI Summary

Hanmi Financial Corporation filed an 8-K on July 29, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits, with the report being as of July 29, 2024. The company is incorporated in Delaware and headquartered in Los Angeles, California.

Why It Matters

This filing provides crucial updates on Hanmi Financial Corp's financial performance and condition, which can influence investor decisions and market perception.

Risk Assessment

Risk Level: low — This is a routine financial reporting filing and does not appear to contain any immediate negative news or significant changes.

Key Players & Entities

FAQ

What specific financial information is being reported in this 8-K filing?

The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits'.

When was the earliest event reported in this filing?

The date of the earliest event reported is July 29, 2024.

Where is Hanmi Financial Corporation's principal executive office located?

The principal executive offices are located at 900 Wilshire Boulevard, Suite 1250, Los Angeles, California 90017.

Under which section of the Securities Exchange Act of 1934 is this report filed?

This Current Report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.

What is the IRS Employer Identification Number for Hanmi Financial Corporation?

The IRS Employer Identification Number is 95-4788120.

Filing Stats: 1,282 words · 5 min read · ~4 pages · Grade level 18.2 · Accepted 2024-07-29 13:42:55

Key Financial Figures

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On July 29, 2024, Hanmi Financial Corporation (the "Company"), parent company of Hanmi Bank, made available and distributed to analysts and prospective investors a slide presentation. The presentation materials include information regarding the Company's operating and growth strategies and financial performance. The slide presentation is furnished in this Current Report on Form 8-K, pursuant to this Item 7.01, as Exhibit 99.1, 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.

Financial Statements and Exhibits

Financial Statements and Exhibits. Exhibit No. Description 99.1 Investor Presentation 104 The cover page from the Company's Form 8-K, formatted in Inline XBRL. Forward-Looking 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

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 from private and government sources; demographic changes; competition for loans and deposits and failure to attract or retain loans and deposits; inflation and fluctuations in interest rates that reduce our margins and yields, the fair value of financial instruments, the level of loan originations or prepayments on loans we have made and make, the level of loan sales and the cost we pay to retain and attract deposits and secure other types of funding; our ability to enter new markets successfully and capitalize on growth opportunities; the current or anticipated impact of military conflict, terrorism or other geopolitical events; the effect of potential future supervisory action against us or Hanmi Bank and our ability to address any issues raised in our regulatory exams; risks of natural disasters; legal proceedings and litigation brought against us; a failure in or breach of our operational or security systems or infrastructure, including cyberattacks; the failure to maintain current technologies; risks associated with Small Business Administration loans; failure to attract or retain key employees; our ability to access cost-effective funding; changes in liquidity, including the size and composition of our deposit portfolio, including the percentage of uni

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: July 29, 2024 By: /s/ Bonita I. Lee Bonita I. Lee Chief Executive Officer

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