Hanmi Financial Corporation Announces 6% Drop In Q3 Profit

(RTTNews) - Hanmi Financial Corporation (HAFC) revealed a profit for third quarter that fell compared to the same period last year.

The company said its bottom line came in at $13.12 million, or $0.41 per share. This was down from $13.96 million, or $0.44 per share, in last year's third quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Hanmi Financial Corporation earnings at a glance:

-Earnings (Q3): $13.12 Mln. vs. $13.96 Mln. last year. -Earnings Decline (Y-o-Y): -6.0% -EPS (Q3): $0.41 vs. $0.44 last year. -EPS Decline (Y-o-Y): -6.8% -Analysts Estimate: $0.44