LOS ANGELES (AP) _ Hanmi Financial Corp. (HAFC) on Tuesday reported first-quarter profit of $13.8 million.
The Los Angeles-based bank said it had earnings of 43 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The bank holding company posted revenue of $55.6 million in the period. Its adjusted revenue was $49.6 million, also missing Street forecasts. Four analysts surveyed by Zacks expected $51.2 million.
Hanmi Financial shares have fallen 18 percent since the beginning of the year. The stock has increased 30 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAFC at https://www.zacks.com/ap/HAFC
Keywords: Hanmi Financial, Earnings Report
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