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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.
Mayville Engineering Company, Inc. is the larger business by last-quarter revenue ($134.3M vs $71.2M, roughly 1.9× HANMI FINANCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -3.2%, a 33.1% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs 10.7%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $10.2M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -8.8%).
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.
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
HAFC vs MEC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.2M | $134.3M |
| Net Profit | $21.2M | $-4.4M |
| Gross Margin | — | 6.8% |
| Operating Margin | 29.8% | -4.1% |
| Net Margin | 29.8% | -3.2% |
| Revenue YoY | 17.1% | 10.7% |
| Net Profit YoY | 20.0% | -127.3% |
| 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.
| Q4 25 | $71.2M | $134.3M | ||
| Q3 25 | $71.0M | $144.3M | ||
| Q2 25 | $65.2M | $132.3M | ||
| Q1 25 | $62.8M | $135.6M | ||
| Q4 24 | $60.8M | $121.3M | ||
| Q3 24 | $58.5M | $135.4M | ||
| Q2 24 | $56.7M | $163.6M | ||
| Q1 24 | $58.4M | $161.3M |
| Q4 25 | $21.2M | $-4.4M | ||
| Q3 25 | $22.1M | $-2.7M | ||
| Q2 25 | $15.1M | $-1.1M | ||
| Q1 25 | $17.7M | $20.0K | ||
| Q4 24 | $17.7M | $16.0M | ||
| Q3 24 | $14.9M | $3.0M | ||
| Q2 24 | $14.5M | $3.8M | ||
| Q1 24 | $15.2M | $3.2M |
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 11.0% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | 11.3% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 13.6% | ||
| Q1 24 | — | 13.0% |
| Q4 25 | 29.8% | -4.1% | ||
| Q3 25 | 31.1% | 0.0% | ||
| Q2 25 | 23.2% | 0.1% | ||
| Q1 25 | 28.1% | 1.2% | ||
| Q4 24 | 29.1% | 19.0% | ||
| Q3 24 | 25.5% | 4.2% | ||
| Q2 24 | 25.5% | 5.0% | ||
| Q1 24 | 26.0% | 4.7% |
| Q4 25 | 29.8% | -3.2% | ||
| Q3 25 | 31.1% | -1.9% | ||
| Q2 25 | 23.2% | -0.8% | ||
| Q1 25 | 28.1% | 0.0% | ||
| Q4 24 | 29.1% | 13.2% | ||
| Q3 24 | 25.5% | 2.2% | ||
| Q2 24 | 25.5% | 2.3% | ||
| Q1 24 | 26.0% | 2.0% |
| Q4 25 | $0.70 | $-0.22 | ||
| Q3 25 | $0.73 | $-0.13 | ||
| Q2 25 | $0.50 | $-0.05 | ||
| Q1 25 | $0.58 | $0.00 | ||
| Q4 24 | $0.58 | $0.76 | ||
| Q3 24 | $0.49 | $0.14 | ||
| Q2 24 | $0.48 | $0.18 | ||
| Q1 24 | $0.50 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $796.4M | $240.7M |
| Total Assets | $7.9B | $563.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5M | ||
| Q3 25 | — | $1.2M | ||
| Q2 25 | — | $206.0K | ||
| Q1 25 | — | $183.0K | ||
| Q4 24 | — | $206.0K | ||
| Q3 24 | — | $178.0K | ||
| Q2 24 | — | $314.0K | ||
| Q1 24 | — | $314.0K |
| Q4 25 | $796.4M | $240.7M | ||
| Q3 25 | $779.5M | $244.8M | ||
| Q2 25 | $762.8M | $246.8M | ||
| Q1 25 | $751.5M | $250.0M | ||
| Q4 24 | $732.2M | $251.8M | ||
| Q3 24 | $736.7M | $238.4M | ||
| Q2 24 | $707.1M | $238.1M | ||
| Q1 24 | $703.1M | $234.0M |
| Q4 25 | $7.9B | $563.6M | ||
| Q3 25 | $7.9B | $585.6M | ||
| Q2 25 | $7.9B | $433.7M | ||
| Q1 25 | $7.7B | $447.7M | ||
| Q4 24 | $7.7B | $445.6M | ||
| Q3 24 | $7.7B | $466.0M | ||
| Q2 24 | $7.6B | $488.2M | ||
| Q1 24 | $7.5B | $499.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $206.0M | $13.4M |
| Free Cash FlowOCF − Capex | $203.7M | $10.2M |
| FCF MarginFCF / Revenue | 286.2% | 7.6% |
| Capex IntensityCapex / Revenue | 3.2% | 2.4% |
| Cash ConversionOCF / Net Profit | 9.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $356.1M | $26.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.0M | $13.4M | ||
| Q3 25 | $146.9M | $1.9M | ||
| Q2 25 | $-19.0M | $15.0M | ||
| Q1 25 | $25.8M | $8.3M | ||
| Q4 24 | $52.6M | $38.0M | ||
| Q3 24 | $6.7M | $17.9M | ||
| Q2 24 | $2.1M | $23.3M | ||
| Q1 24 | $30.0M | $10.6M |
| Q4 25 | $203.7M | $10.2M | ||
| Q3 25 | $146.4M | $-1.1M | ||
| Q2 25 | $-19.6M | $12.5M | ||
| Q1 25 | $25.6M | $5.4M | ||
| Q4 24 | $49.9M | $35.6M | ||
| Q3 24 | $6.5M | $15.1M | ||
| Q2 24 | $1.3M | $19.2M | ||
| Q1 24 | $29.2M | $7.8M |
| Q4 25 | 286.2% | 7.6% | ||
| Q3 25 | 206.3% | -0.8% | ||
| Q2 25 | -30.0% | 9.5% | ||
| Q1 25 | 40.7% | 4.0% | ||
| Q4 24 | 82.1% | 29.4% | ||
| Q3 24 | 11.1% | 11.1% | ||
| Q2 24 | 2.3% | 11.7% | ||
| Q1 24 | 50.0% | 4.9% |
| Q4 25 | 3.2% | 2.4% | ||
| Q3 25 | 0.8% | 2.1% | ||
| Q2 25 | 0.9% | 1.8% | ||
| Q1 25 | 0.4% | 2.2% | ||
| Q4 24 | 4.3% | 1.9% | ||
| Q3 24 | 0.4% | 2.1% | ||
| Q2 24 | 1.4% | 2.5% | ||
| Q1 24 | 1.4% | 1.7% |
| Q4 25 | 9.70× | — | ||
| Q3 25 | 6.66× | — | ||
| Q2 25 | -1.26× | — | ||
| Q1 25 | 1.46× | 416.65× | ||
| Q4 24 | 2.97× | 2.38× | ||
| Q3 24 | 0.45× | 6.03× | ||
| Q2 24 | 0.14× | 6.15× | ||
| Q1 24 | 1.98× | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAFC
Segment breakdown not available.
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
