Hanmi Financial: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Hanmi Financial Corp. (HAFC) on Tuesday reported first-quarter profit of $22 million.
The Los Angeles-based bank said it had earnings of 72 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.
The bank holding company posted revenue of $95.6 million in the period. Its revenue net of interest expense was $66.2 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $69.8 million.
_____
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
