Hanmi Financial Q3 Profit Up - Quick Facts

(RTTNews) - Hanmi Financial Corp. (HAFC) said its third-quarter net income rose to $13.3 million, or $0.41 per share, from $10.4 million, or $0.33 per share, in the prior-year quarter. On average, four analysts polled by Thomson Reuters expected the company to earn $0.33 per share for the quarter. Analysts' estimates typically exclude special items.

Hanmi's acquisition of Central Bancorp, Inc. or "CBI", the parent company of United Central Bank, was closed on August 31, 2014. Third-quarter results reflect the impact of the following significant items recorded in conjunction with the CBI acquisition: $6.6 million bargain purchase gain; and $3.4 million merger and integration costs.