
Hanmi Financial (HAFC) Stock Forecast & Price Target
Hanmi Financial (HAFC) Analyst Ratings
Bulls say
Hanmi Financial is a well-established bank with a strong focus on serving multicultural communities and providing a range of financial products and services. While there have been some concerns about loan growth and deposit gathering, the bank's asset quality metrics remain stable. The reported NIM expansion and targeted loan growth of low-to-mid single digits in the next year indicate a positive outlook for the company's financial performance. Analysts maintain a neutral rating for the stock with a $29.50 price target.
Bears say
Hanmi Financial is expected to see a decline in trade finance fees and softer SBA production in the coming quarters, causing a decrease in revenues. Their loan growth target of low-to-mid single digit may not be achievable, as they are also experiencing a decline in deposits. The recent buyback activities may provide a temporary boost, but it will not be able to offset the overall negative outlook for the company.
This aggregate rating is based on analysts' research of Hanmi Financial and is not a guaranteed prediction by Public.com or investment advice.
Hanmi Financial (HAFC) Analyst Forecast & Price Prediction
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