Company says it remains optimistic about outlook for second half of 2026
Overview
U.S. commercial lender's Q2 net income and EPS rose from prior quarter
Company's deposits grew 2.3% sequentially, with noninterest-bearing deposits up 5.2%
Hanmi returned 58% of Q2 net earnings to shareholders via dividends and buybacks
Result drivers and key details
Net interest income - Modest increase in net interest income driven by higher interest income on loans and securities, and a lower cost of interest-bearing deposits
Credit loss expense - Lower credit loss expense due to reduced net charge-offs
Noninterest income - Decrease in noninterest income mainly from lower gains on SBA loan sales, partly offset by higher trade finance and service fees
Metric
Actual
Q2 EPS
$0.79
Q2 Net Income
$23.51 mln
Q2 Net Interest Income
$63.86 mln
Q2 CET1 Capital Ratio
12.28%
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
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