Latest news with #Hanmi
Business Upturn
06-06-2025
- Business
- Business Upturn
Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia
DULUTH, Ga., June 05, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) ('Hanmi'), the holding company for Hanmi Bank, today welcomed local officials and community members to its grand opening celebration for its newest branch in Duluth, Georgia. Honored guests included Georgia State Representative Long Tran (Dist. 80), and Gwinnett County Commissioner Kirkland Carden. They were joined by several Hanmi Bank executives, including Bonnie Lee, President and CEO, Anthony Kim, Chief Banking Officer, and Cindy Yum, who serves as Branch Manager for the new Duluth location. The Duluth branch is Hanmi's first full-service branch in Georgia, located at 2330 Pleasant Hill Road, Suite 100 – less than 30 miles from Atlanta. Georgia continues to be a key hub for Korean business investment and expansion. In fiscal year 2023, Korean companies announced over $10 billion in new investments and the creation of more than 12,600 jobs across the state, according to the Office of the Governor. Total trade between Georgia and Korea reached $17.5 billion last year, underscoring the strength of this dynamic economic partnership. 'Our expansion in Georgia is an important step in our growth plans, and we're excited to be a part of this community,' said Bonnie Lee, President and Chief Executive Officer of Hanmi Financial Corporation. 'Duluth is a vibrant and diverse city that values business opportunity and community strength. We look forward to supporting local businesses and individuals, and contributing to the continued economic vitality of this region through our relationship-based banking model.' Hanmi Bank Duluth Branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, SBA loans, and specialized financial solutions. Bank hours are Monday to Friday, 9:00 AM to 5:00 PM. About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at ContactKelly McAndrewFinancial Profiles, Inc.310-622-8239 [email protected]
Yahoo
05-06-2025
- Business
- Yahoo
Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia
Duluth Branch Grand Opening DULUTH, Ga., June 05, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) ('Hanmi'), the holding company for Hanmi Bank, today welcomed local officials and community members to its grand opening celebration for its newest branch in Duluth, Georgia. Honored guests included Georgia State Representative Long Tran (Dist. 80), and Gwinnett County Commissioner Kirkland Carden. They were joined by several Hanmi Bank executives, including Bonnie Lee, President and CEO, Anthony Kim, Chief Banking Officer, and Cindy Yum, who serves as Branch Manager for the new Duluth location. The Duluth branch is Hanmi's first full-service branch in Georgia, located at 2330 Pleasant Hill Road, Suite 100 – less than 30 miles from Atlanta. Georgia continues to be a key hub for Korean business investment and expansion. In fiscal year 2023, Korean companies announced over $10 billion in new investments and the creation of more than 12,600 jobs across the state, according to the Office of the Governor. Total trade between Georgia and Korea reached $17.5 billion last year, underscoring the strength of this dynamic economic partnership. 'Our expansion in Georgia is an important step in our growth plans, and we're excited to be a part of this community,' said Bonnie Lee, President and Chief Executive Officer of Hanmi Financial Corporation. 'Duluth is a vibrant and diverse city that values business opportunity and community strength. We look forward to supporting local businesses and individuals, and contributing to the continued economic vitality of this region through our relationship-based banking model.' Hanmi Bank Duluth Branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, SBA loans, and specialized financial solutions. Bank hours are Monday to Friday, 9:00 AM to 5:00 PM. About Hanmi Financial CorporationHeadquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at ContactKelly McAndrewFinancial Profiles, Inc.310-622-8239kmcandrew@ Source: Hanmi Bank A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
28-01-2025
- Business
- Associated Press
Hanmi Financial Increases Cash Dividend 8% to $0.27 per share
LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or 'Hanmi'), the parent company of Hanmi Bank (the 'Bank'), today announced that its Board of Directors declared a cash dividend on its common stock for the 2025 first quarter of $0.27 per share, up 8% from the prior quarter. The dividend will be paid on February 26, 2025, to stockholders of record as of the close of business on February 10, 2025. 'Following another quarter of successful execution across our business, Hanmi is well positioned for continued success in 2025,' said Bonnie Lee, President and Chief Executive Officer. 'The increase in our dividend reflects the Board's confidence in Hanmi's financial strength, relationship-driven banking model, and commitment to creating shareholder value.' About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 31 full-service branches and eight loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at 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 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; the imposition of tariffs or other domestic or international governmental polices impacting the value of the products of our borrowers; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; fluctuations in real estate values; changes in accounting policies and practices; changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums and changes in the monetary policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System; the ability of Hanmi Bank to make distributions to Hanmi Financial Corporation, which is restricted by certain factors, including Hanmi Bank's retained earnings, net income, prior distributions made, and certain other financial tests; strategic transactions we may enter into; the adequacy of and changes in the methodology for computing our allowance for credit losses; our credit quality and the effect of credit quality on our credit losses expense and allowance for credit losses; changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements; our ability to control expenses; and cyber security and fraud risks against our information technology and those of our third-party providers and vendors. In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission, including, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that we will file hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law. Investor Contacts: Romolo (Ron) Santarosa 213-427-5636 Lisa Fortuna Investor Relations Financial Profiles, Inc. 310-622-8251 Source: Hanmi Bank
