Hanmi Financial (HAFC) Non Operating Interest Expenses (2010 - 2024)
Hanmi Financial's (HAFC) quarterly Non Operating Interest Expenses came in at $50.0 million in Q2 2024, up 41.56% on a YoY basis from $35.3 million in Q3 2023, and up 2.25% quarter-over-quarter from $48.9 million in Q1 2024.
Analysis
Hanmi Financial (HAFC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Hanmi Financial (HAFC) has reported Non Operating Interest Expenses for 15 consecutive years, with $50.0 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Non Operating Interest Expenses rose 41.56% year-over-year to $50.0 million; the trailing twelve-month figure through Jun 2024 stood at $182.2 million (up 100.62% YoY), and the FY2023 full-year result was $148.1 million, up 309.38% from the prior year.
- Non Operating Interest Expenses improved to $50.0 million in Q2 2024 per HAFC's latest filing, from $48.9 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $50.0 million in Q2 2024 and bottomed at $4.2 million in Q2 2022.
- Historically, Non Operating Interest Expenses has averaged $19.3 million across 5 years, with a median of $10.3 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 59.5% in 2021, then jumped 746.46% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $7.5 million in 2020, then sank by 31.64% to $5.1 million in 2021, then jumped by 245.61% to $17.7 million in 2022, then surged by 149.14% to $44.0 million in 2023, then climbed by 13.62% to $50.0 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $50.0 million, $48.9 million, and $44.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 943.94 Bn | 943.94 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.39 Bn | 61.39 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.36 Bn | 25.64 Bn | - | - |
| 4 | M&T Bank | 34.62 Bn | 34.62 Bn | - | - |
| 5 | Huntington Bancshares | 33.61 Bn | 29.08 Bn | - | - |
| 6 | Citizens Financial | 29.28 Bn | 29.28 Bn | - | - |
| 7 | Regions Financial | 25.41 Bn | 25.41 Bn | - | - |
| 8 | First Citizens Bancshares | 24.74 Bn | 24.22 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.23 Bn | -24.47 Bn | - | - |
| 10 | Hanmi Financial | 928.53 Mn | 746.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 50.04 Mn |
| Mar 31, 2024 | 48.94 Mn |
| Dec 31, 2023 | 44.04 Mn |
| Sep 30, 2023 | 39.22 Mn |
| Jun 30, 2023 | 35.35 Mn |
| Mar 31, 2023 | 29.45 Mn |
| Dec 31, 2022 | 17.68 Mn |
| Sep 30, 2022 | 8.36 Mn |
| Jun 30, 2022 | 4.18 Mn |
| Mar 31, 2022 | 5.95 Mn |
| Dec 31, 2021 | 5.12 Mn |
| Sep 30, 2021 | 5.42 Mn |
| Jun 30, 2021 | 5.04 Mn |
| Mar 31, 2021 | 6.06 Mn |
| Dec 31, 2020 | 7.48 Mn |
| Sep 30, 2020 | 9.24 Mn |
| Jun 30, 2020 | 11.29 Mn |
| Mar 31, 2020 | 14.95 Mn |
| Dec 31, 2019 | 16.76 Mn |
| Sep 30, 2019 | 18.12 Mn |