Hanmi Financial Corporation Profit Falls 7% In Q1

(RTTNews) - Hanmi Financial Corporation (HAFC) announced earnings for first quarter that dropped from last year.

The company said its profit fell to $13.78 million, or $0.43 per share. This was down from $14.80 million, or $0.46 per share, in last year's first 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 (Q1): $13.78 Mln. vs. $14.80 Mln. last year. -Earnings Decline (Y-o-Y): -6.9% -EPS (Q1): $0.43 vs. $0.46 last year. -EPS Decline (Y-o-Y): -6.5% -Analysts Estimate: $0.44