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Hanmi Financial's 10-K Report Revealed

Hanmi Financial Corporation has recently released its 10-K report, providing a comprehensive overview of its business operations. The company operates as the holding company for Hanmi Bank, offering a range of business banking products and services in the United States. This includes various deposit products, real estate loans, commercial and industrial loans, international finance and trade services, and small business administration loans. As of December 31, 2024, the company had 3,000 shares available for issuance under its equity compensation plans, with a weighted-average exercise price of $24.83 and 866,878 securities remaining available for future issuance.

In the 10-K report, Hanmi Financial Corporation disclosed information concerning security ownership of certain beneficial owners and management. This includes details on the total number of shares available for issuance under the company's equity compensation plans as of December 31, 2024. The report indicates that there were 3,000 securities to be issued upon the exercise of outstanding options, warrants, and rights, with a weighted-average exercise price of $24.83. Additionally, 866,878 securities remained available for future issuance under the equity compensation plans, excluding securities reflected in the outstanding options, warrants, and rights. As a result of these announcements, the company's shares have moved 1.2% on the market, and are now trading at a price of $23.92. Check out the company's full 10-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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