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Piper Sandler Sticks to Its Buy Rating for Hanmi Financial (HAFC)

Tipranks - Tipranks - Thu Apr 23, 6:18AM CDT

In a report released today, Matthew Clark from Piper Sandler maintained a Buy rating on Hanmi Financial, with a price target of $32.00.

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According to TipRanks, Clark is a 5-star analyst with an average return of 9.9% and a 64.55% success rate. Clark covers the Financial sector, focusing on stocks such as Hanmi Financial, First Interstate Bancsystem, and East West Bancorp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hanmi Financial with a $32.00 average price target.

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Based on Hanmi Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $112.93 million and a net profit of $21.24 million. In comparison, last year the company earned a revenue of $107.47 million and had a net profit of $17.7 million

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