Hanmi Financial Corporation increased its quarterly cash dividend by 4%, raising it to $0.28 per share. The board also authorized the repurchase of an additional 1.5 million shares, bringing the total buyback authorization to approximately 2.3 million shares. These actions underscore Hanmi’s confidence in its capital position following robust earnings in 2025 and reflect disciplined capital management designed to enhance shareholder returns.

In the quarter ended December 31, 2025, Hanmi Financial reported net income of $21.2 million, or $0.70 per diluted share, compared with $22.1 million, or $0.73 per diluted share, in the prior quarter. Return on average assets was 1.07% and return on average equity was 10.14%, both slightly below the third quarter levels of 1.12% and 10.69%, respectively. Net interest income grew by $1.8 million, or 2.9%, driven by a 20 basis point decline in deposit funding costs, while noninterest income declined by $0.4 million due primarily to lower bank-owned life insurance income.

For fiscal 2025, net income rose 22% to $76.1 million, or $2.51 per diluted share, up from $62.2 million, or $2.05 per share, in 2024. Net interest income increased 16.5% to $236.2 million, benefiting from a 60 basis point reduction in average deposit costs and 3.1% loan growth. The company expanded its net interest margin by 37 basis points to 3.15%, while maintaining an efficiency ratio of 56.4% and a tangible common equity to tangible assets ratio of 9.99%. Nonperforming loans remained low at 0.28% of total loans.

Loan receivables grew to $6.56 billion at quarter-end, up 0.5% sequentially, with $374.8 million in new loan originations at a 6.90% weighted average rate. Deposits of $6.68 billion declined 1.3% quarter-over-quarter, though noninterest-bearing demand deposits held steady at 30.2% of total deposits. Asset quality remained strong, with nonperforming assets at 0.26% of total assets and credit loss expense of $1.9 million for the quarter.