NASDAQ: HAFC · Regional Banks
Hanmi Financial (HAFC) fair value: undervalued or overvalued?
As of 26 Sep 2026, Faircurve's model values Hanmi Financial (HAFC) at $38.68 a share. The stock last closed at $31.67, which puts the model's fair value 22.1% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 2 Oct 2026. Hanmi Financial Corporation.
Faircurve Insights · 26 Sep 2026
Hanmi Financial Corporation serves as the parent company for Hanmi Bank, which delivers a wide spectrum of commercial banking solutions across the United States.
On 26 Sep 2026, Faircurve's model found a fair value of $38.68 a share, which is the midpoint of 2,000 simulations. This fair value moved -5.4% from the previous run on 19 Sep 2026, which gave $40.90. The model's calibrated range over 63 trading days is $32.45 to $47.16, built from the fair value, and ranges built this way held the price 60% of the time at this horizon. The evidence grade is High.
The model compares Hanmi Financial Corporation with Central Pacific Financial Corp. (CPF), Southside Bancshares, Inc. (SBSI), Capitol Federal Financial, Inc. (CFFN), Heritage Financial Corporation (HFWA), Preferred Bank (PFBC), and Westamerica Bancorporation (WABC). The stock's moves around its last 8 earnings reports had a median size, ignoring direction, of 8.8%.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give HAFC?
The calibrated range for HAFC over 63 trading days is $32.45 to $47.16. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is below this range. For names with fair value 15 to 30% above price, the calibrated range has held the price 50% of the time over 63 trading days, and 47% ended below it; the typical move was +4.1%.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $35.69 to $41.67. In 98% of the simulations the fair value came out above the price the model ran on.
How does HAFC compare with similar companies?
The companies in regional banks closest to Hanmi Financial in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| TRST TrustCo Bank Corp NY | $55.69 | $45.56 | -18.2% | Low evidence grade |
| CPF Central Pacific Financial Corp. | $36.42 | $40.77 | +11.9% | Undervalued |
| SBSI Southside Bancshares, Inc. | $30.73 | $35.65 | +16.0% | Undervalued |
| EGBN Eagle Bancorp, Inc. | $28.38 | $26.77 | -5.7% | Low evidence grade |
| CFFN Capitol Federal Financial, Inc. | $8.58 | $8.10 | -5.6% | Fairly valued |
| HFWA Heritage Financial Corporation | $28.14 | $20.41 | -27.5% | Overvalued |
| PFBC Preferred Bank | $106.48 | $140.79 | +32.2% | Undervalued |
| WABC Westamerica Bancorporation | $59.60 | $62.23 | +4.4% | Fairly valued |
When does HAFC report earnings, and how has the stock reacted?
Hanmi Financial's next earnings report is scheduled for 20 Oct 2026. Companies can move their dates.
How HAFC moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 8.8%.
| Report date | Two session move |
|---|---|
| 21 Jul 2026 | -2.5% |
| 21 Apr 2026 | +4.8% |
| 27 Jan 2026 | -12.8% |
| 21 Oct 2025 | +9.8% |
| 22 Jul 2025 | -10.6% |
| 22 Apr 2025 | +9.7% |
| 28 Jan 2025 | +6.6% |
| 22 Oct 2024 | +7.9% |
Hanmi Financial at a glance
Hanmi Financial Corporation serves as the parent company for Hanmi Bank, which delivers a wide spectrum of commercial banking solutions across the United States.
- Market value
- $956M
- Sector
- Financial Services
- Industry
- Regional Banks
- Consensus revenue growth, next fiscal year
- -33.6%
- Analysts with estimates
- 3
- Beta to the US market
- 0.54
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Hanmi Financial on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for HAFC was $40.90. As of 26 Sep 2026 it is $38.68, a change of -5.4%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Hanmi Financial's valuation
Is Hanmi Financial stock undervalued or overvalued?
On Faircurve's model, HAFC reads as Undervalued as of 26 Sep 2026. The model's fair value is $38.68 a share against a last close of $31.67, a gap of +22.1%.
What is HAFC's fair value?
$38.68 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $35.69 to $41.67.
What price range does the model give HAFC?
$32.45 to $47.16 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Hanmi Financial report earnings next?
The next report is scheduled for 20 Oct 2026. Companies can move their dates.
How much has HAFC moved on past earnings reports?
Across its last 8 reports the median two session move was 8.8%, ignoring direction. The largest was -12.8% around the report of 27 Jan 2026.
How confident is the model in this valuation?
The model's evidence grade for HAFC is high. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.