Loading viewer...
investor_presentation
Format: PDF investor_presentation
2Q22 Earnings Supplemental Presentation July 26, 2022 Los Angeles New York/ New Jersey Virginia Chicago Dallas Houston San Francisco San Diego
2Q22 Earnings Supplemental Presentation
Hanmi Financial Corporation (the “Company”) cautions investors that anystatements contained herein that arenothistorical facts are
forward -looking statements within themeaning ofthe“safe harbor” provisions ofthePrivate Securities Litigation Reform Actof1995 ,
including, butnotlimited to,those statements regarding operating and financial performance, financial position and liquidity, business
strategies, regulatory, economic andcompetitive outlook, investment andexpenditure plans, capital andfinancing needs andavailability,
litigation, plans andobjectives, merger orsale activity, theeffects ofCOVID -19onourbusiness, financial condition andresults ofoperations,
andallother forecasts andstatements ofexpectation orassumption underlying anyoftheforegoing .These statements involve known and
unknown risks anduncertainties thataredifficult topredict .Investors should notrelyonanyforward -looking statement andshould consider
risks, such aschanges ingovernmental policy, legislation and regulations, economic uncertainty, inflation, thecontinuing impact ofthe
COVID -19pandemic onourbusiness andresults ofoperations, fluctuations ininterest rateandcredit risk, competitive pressures, theability
tosucceed innew markets, balance sheet management, theability toidentify andremediate anymaterial weakness ininternal controls over
financial reporting, andother operational factors .
Forward -looking statements arebased upon thegood faith beliefs andexpectations ofmanagement asofthisdate only andarefurther
subject toadditional risks anduncertainties, including, butnotlimited to,theriskfactors setforth inourearnings release dated July26,2022 ,
including thesection titled “Forward Looking Statements and theCompany’s most recent Form 10-K,10-Qand other filings with the
Securities andExchange Commission (“SEC”) .Investors areurged toreview ourearnings release dated July26,2022 ,including thesection
titled “Forward Looking Statements andtheCompany’s SEC filings .TheCompany disclaims anyobligation toupdate orrevise theforward -
looking statements herein .Forward -Looking Statements
$0.82 1.45% 3.55% 46.05% $19.91Efficiency Ratio TBVPS* ROAA NIM Net Income Diluted EPS
*Non -GAAP financial measure; refer to the non -GAAP reconciliation slide •Net income was $25.1 million, or $0.82 per diluted share, up 21.0% from $20.7 million, or $0.68 per diluted share, for the prior quarter and up
13.2% from $22.1 million, or $0.72 per diluted share, for the second quarter in 2021
Net interest income was $59.0 million, up 15.9% from the prior quarter; net interest margin of 3.55%
Noninterest income increased by 9.3% from the prior quarter to $9.3 million due to higher service charges and higher SBA gain on
Noninterest expense was $31.5 million, down 0.7% from the prior quarter
Efficiency ratio was 46.05%, compared with 53.29% for the prior quarter
•Loans receivable increased by 6.0% from the prior quarter to $5.66 billion
Preview truncated — download the full document for the complete content.
investor_presentation
48 Pages