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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.

Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $71.2M, roughly 1.7× HANMI FINANCIAL CORP). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 29.8%, a 18.3% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs -11.0%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $-55.2M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -6.0%).

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

HAFC vs KW — Head-to-Head

Bigger by revenue
KW
KW
1.7× larger
KW
$120.6M
$71.2M
HAFC
Growing faster (revenue YoY)
HAFC
HAFC
+28.1% gap
HAFC
17.1%
-11.0%
KW
Higher net margin
KW
KW
18.3% more per $
KW
48.1%
29.8%
HAFC
More free cash flow
HAFC
HAFC
$258.9M more FCF
HAFC
$203.7M
$-55.2M
KW
Faster 2-yr revenue CAGR
HAFC
HAFC
Annualised
HAFC
10.4%
-6.0%
KW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HAFC
HAFC
KW
KW
Revenue
$71.2M
$120.6M
Net Profit
$21.2M
$58.0M
Gross Margin
Operating Margin
29.8%
57.3%
Net Margin
29.8%
48.1%
Revenue YoY
17.1%
-11.0%
Net Profit YoY
20.0%
32.7%
EPS (diluted)
$0.70
$0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HAFC
HAFC
KW
KW
Q4 25
$71.2M
$120.6M
Q3 25
$71.0M
$116.4M
Q2 25
$65.2M
$135.7M
Q1 25
$62.8M
$128.3M
Q4 24
$60.8M
$135.5M
Q3 24
$58.5M
$127.5M
Q2 24
$56.7M
$132.0M
Q1 24
$58.4M
$136.4M
Net Profit
HAFC
HAFC
KW
KW
Q4 25
$21.2M
$58.0M
Q3 25
$22.1M
$-10.2M
Q2 25
$15.1M
$5.6M
Q1 25
$17.7M
$-29.6M
Q4 24
$17.7M
$43.7M
Q3 24
$14.9M
$-66.8M
Q2 24
$14.5M
$-48.3M
Q1 24
$15.2M
$37.7M
Operating Margin
HAFC
HAFC
KW
KW
Q4 25
29.8%
57.3%
Q3 25
31.1%
-6.2%
Q2 25
23.2%
7.4%
Q1 25
28.1%
-26.9%
Q4 24
29.1%
36.7%
Q3 24
25.5%
-60.8%
Q2 24
25.5%
-45.5%
Q1 24
26.0%
47.2%
Net Margin
HAFC
HAFC
KW
KW
Q4 25
29.8%
48.1%
Q3 25
31.1%
-8.8%
Q2 25
23.2%
4.1%
Q1 25
28.1%
-23.1%
Q4 24
29.1%
32.3%
Q3 24
25.5%
-52.4%
Q2 24
25.5%
-36.6%
Q1 24
26.0%
27.6%
EPS (diluted)
HAFC
HAFC
KW
KW
Q4 25
$0.70
$0.22
Q3 25
$0.73
$-0.15
Q2 25
$0.50
$-0.05
Q1 25
$0.58
$-0.30
Q4 24
$0.58
$0.24
Q3 24
$0.49
$-0.56
Q2 24
$0.48
$-0.43
Q1 24
$0.50
$0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HAFC
HAFC
KW
KW
Cash + ST InvestmentsLiquidity on hand
$184.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$796.4M
$1.5B
Total Assets
$7.9B
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFC
HAFC
KW
KW
Q4 25
$184.5M
Q3 25
$382.6M
Q2 25
$309.1M
Q1 25
$356.6M
Q4 24
$217.5M
Q3 24
$367.1M
Q2 24
$366.5M
Q1 24
$541.9M
Stockholders' Equity
HAFC
HAFC
KW
KW
Q4 25
$796.4M
$1.5B
Q3 25
$779.5M
$1.5B
Q2 25
$762.8M
$1.6B
Q1 25
$751.5M
$1.6B
Q4 24
$732.2M
$1.6B
Q3 24
$736.7M
$1.6B
Q2 24
$707.1M
$1.7B
Q1 24
$703.1M
$1.7B
Total Assets
HAFC
HAFC
KW
KW
Q4 25
$7.9B
$6.6B
Q3 25
$7.9B
$6.7B
Q2 25
$7.9B
$6.8B
Q1 25
$7.7B
$7.2B
Q4 24
$7.7B
$7.0B
Q3 24
$7.7B
$7.4B
Q2 24
$7.6B
$7.5B
Q1 24
$7.5B
$7.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAFC
HAFC
KW
KW
Operating Cash FlowLast quarter
$206.0M
$11.4M
Free Cash FlowOCF − Capex
$203.7M
$-55.2M
FCF MarginFCF / Revenue
286.2%
-45.8%
Capex IntensityCapex / Revenue
3.2%
55.2%
Cash ConversionOCF / Net Profit
9.70×
0.20×
TTM Free Cash FlowTrailing 4 quarters
$356.1M
$-103.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFC
HAFC
KW
KW
Q4 25
$206.0M
$11.4M
Q3 25
$146.9M
$-7.6M
Q2 25
$-19.0M
$42.0M
Q1 25
$25.8M
$-51.9M
Q4 24
$52.6M
$55.1M
Q3 24
$6.7M
$-5.6M
Q2 24
$2.1M
$36.7M
Q1 24
$30.0M
$-5.6M
Free Cash Flow
HAFC
HAFC
KW
KW
Q4 25
$203.7M
$-55.2M
Q3 25
$146.4M
$-18.0M
Q2 25
$-19.6M
$29.4M
Q1 25
$25.6M
$-59.7M
Q4 24
$49.9M
$-76.5M
Q3 24
$6.5M
$-27.7M
Q2 24
$1.3M
$-500.0K
Q1 24
$29.2M
$-57.1M
FCF Margin
HAFC
HAFC
KW
KW
Q4 25
286.2%
-45.8%
Q3 25
206.3%
-15.5%
Q2 25
-30.0%
21.7%
Q1 25
40.7%
-46.5%
Q4 24
82.1%
-56.5%
Q3 24
11.1%
-21.7%
Q2 24
2.3%
-0.4%
Q1 24
50.0%
-41.9%
Capex Intensity
HAFC
HAFC
KW
KW
Q4 25
3.2%
55.2%
Q3 25
0.8%
8.9%
Q2 25
0.9%
9.3%
Q1 25
0.4%
6.1%
Q4 24
4.3%
97.1%
Q3 24
0.4%
17.3%
Q2 24
1.4%
28.2%
Q1 24
1.4%
37.8%
Cash Conversion
HAFC
HAFC
KW
KW
Q4 25
9.70×
0.20×
Q3 25
6.66×
Q2 25
-1.26×
7.50×
Q1 25
1.46×
Q4 24
2.97×
1.26×
Q3 24
0.45×
Q2 24
0.14×
Q1 24
1.98×
-0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HAFC
HAFC

Segment breakdown not available.

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

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