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Hanmi Financial: Q2 Earnings Snapshot

LOS ANGELES (AP) — LOS ANGELES (AP) — Hanmi Financial Corp. (HAFC) on Tuesday reported second-quarter net income of $14.5 million.

The bank, based in Los Angeles, said it had earnings of 48 cents per share.

The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 48 cents per share.

The bank holding company posted revenue of $106.7 million in the period. Its revenue net of interest expense was $56.7 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $59.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAFC at https://www.zacks.com/ap/HAFC

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