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

HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $50.6M, roughly 1.4× NCS Multistage Holdings, Inc.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 29.5%, a 0.3% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs 12.5%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $12.9M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs 7.4%).

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.

NCS Multistage Holdings, Inc. is a global oilfield services and energy technology provider specializing in engineered completion systems for onshore and offshore oil and gas production. It offers multistage fracturing tools that optimize well performance, serving major operators across North America, Latin America, the Middle East and Asia-Pacific, focusing on boosting operational efficiency and resource recovery for upstream energy clients.

HAFC vs NCSM — Head-to-Head

Bigger by revenue
HAFC
HAFC
1.4× larger
HAFC
$71.2M
$50.6M
NCSM
Growing faster (revenue YoY)
HAFC
HAFC
+4.6% gap
HAFC
17.1%
12.5%
NCSM
Higher net margin
HAFC
HAFC
0.3% more per $
HAFC
29.8%
29.5%
NCSM
More free cash flow
HAFC
HAFC
$190.8M more FCF
HAFC
$203.7M
$12.9M
NCSM
Faster 2-yr revenue CAGR
HAFC
HAFC
Annualised
HAFC
10.4%
7.4%
NCSM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HAFC
HAFC
NCSM
NCSM
Revenue
$71.2M
$50.6M
Net Profit
$21.2M
$15.0M
Gross Margin
Operating Margin
29.8%
10.3%
Net Margin
29.8%
29.5%
Revenue YoY
17.1%
12.5%
Net Profit YoY
20.0%
331.0%
EPS (diluted)
$0.70
$5.43

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
NCSM
NCSM
Q4 25
$71.2M
$50.6M
Q3 25
$71.0M
$46.5M
Q2 25
$65.2M
$36.5M
Q1 25
$62.8M
$50.0M
Q4 24
$60.8M
$45.0M
Q3 24
$58.5M
$44.0M
Q2 24
$56.7M
$29.7M
Q1 24
$58.4M
$43.9M
Net Profit
HAFC
HAFC
NCSM
NCSM
Q4 25
$21.2M
$15.0M
Q3 25
$22.1M
$3.8M
Q2 25
$15.1M
$924.0K
Q1 25
$17.7M
$4.1M
Q4 24
$17.7M
$3.5M
Q3 24
$14.9M
$4.1M
Q2 24
$14.5M
$-3.1M
Q1 24
$15.2M
$2.1M
Operating Margin
HAFC
HAFC
NCSM
NCSM
Q4 25
29.8%
10.3%
Q3 25
31.1%
6.6%
Q2 25
23.2%
-5.6%
Q1 25
28.1%
8.6%
Q4 24
29.1%
6.5%
Q3 24
25.5%
6.9%
Q2 24
25.5%
-14.0%
Q1 24
26.0%
5.7%
Net Margin
HAFC
HAFC
NCSM
NCSM
Q4 25
29.8%
29.5%
Q3 25
31.1%
8.2%
Q2 25
23.2%
2.5%
Q1 25
28.1%
8.1%
Q4 24
29.1%
7.7%
Q3 24
25.5%
9.4%
Q2 24
25.5%
-10.4%
Q1 24
26.0%
4.7%
EPS (diluted)
HAFC
HAFC
NCSM
NCSM
Q4 25
$0.70
$5.43
Q3 25
$0.73
$1.37
Q2 25
$0.50
$0.34
Q1 25
$0.58
$1.51
Q4 24
$0.58
$1.34
Q3 24
$0.49
$1.60
Q2 24
$0.48
$-1.21
Q1 24
$0.50
$0.82

Balance Sheet & Financial Strength

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

Metric
HAFC
HAFC
NCSM
NCSM
Cash + ST InvestmentsLiquidity on hand
$36.7M
Total DebtLower is stronger
$5.3M
Stockholders' EquityBook value
$796.4M
$126.2M
Total Assets
$7.9B
$181.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFC
HAFC
NCSM
NCSM
Q4 25
$36.7M
Q3 25
$25.3M
Q2 25
$25.4M
Q1 25
$23.0M
Q4 24
$25.9M
Q3 24
$15.3M
Q2 24
$18.6M
Q1 24
$14.0M
Total Debt
HAFC
HAFC
NCSM
NCSM
Q4 25
$5.3M
Q3 25
$5.1M
Q2 25
$5.5M
Q1 25
$5.4M
Q4 24
$6.0M
Q3 24
$6.5M
Q2 24
$6.8M
Q1 24
$6.4M
Stockholders' Equity
HAFC
HAFC
NCSM
NCSM
Q4 25
$796.4M
$126.2M
Q3 25
$779.5M
$110.1M
Q2 25
$762.8M
$106.4M
Q1 25
$751.5M
$103.2M
Q4 24
$732.2M
$98.8M
Q3 24
$736.7M
$96.0M
Q2 24
$707.1M
$91.0M
Q1 24
$703.1M
$93.7M
Total Assets
HAFC
HAFC
NCSM
NCSM
Q4 25
$7.9B
$181.2M
Q3 25
$7.9B
$162.0M
Q2 25
$7.9B
$158.0M
Q1 25
$7.7B
$155.1M
Q4 24
$7.7B
$152.8M
Q3 24
$7.7B
$145.8M
Q2 24
$7.6B
$139.4M
Q1 24
$7.5B
$140.9M
Debt / Equity
HAFC
HAFC
NCSM
NCSM
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.06×
Q3 24
0.07×
Q2 24
0.08×
Q1 24
0.07×

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
NCSM
NCSM
Operating Cash FlowLast quarter
$206.0M
$13.1M
Free Cash FlowOCF − Capex
$203.7M
$12.9M
FCF MarginFCF / Revenue
286.2%
25.5%
Capex IntensityCapex / Revenue
3.2%
0.4%
Cash ConversionOCF / Net Profit
9.70×
0.88×
TTM Free Cash FlowTrailing 4 quarters
$356.1M
$21.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFC
HAFC
NCSM
NCSM
Q4 25
$206.0M
$13.1M
Q3 25
$146.9M
$7.2M
Q2 25
$-19.0M
$3.5M
Q1 25
$25.8M
$-1.6M
Q4 24
$52.6M
$10.6M
Q3 24
$6.7M
$-2.0M
Q2 24
$2.1M
$6.0M
Q1 24
$30.0M
$-1.9M
Free Cash Flow
HAFC
HAFC
NCSM
NCSM
Q4 25
$203.7M
$12.9M
Q3 25
$146.4M
$6.9M
Q2 25
$-19.6M
$3.2M
Q1 25
$25.6M
$-2.1M
Q4 24
$49.9M
$10.4M
Q3 24
$6.5M
$-2.5M
Q2 24
$1.3M
$5.6M
Q1 24
$29.2M
$-2.2M
FCF Margin
HAFC
HAFC
NCSM
NCSM
Q4 25
286.2%
25.5%
Q3 25
206.3%
14.9%
Q2 25
-30.0%
8.9%
Q1 25
40.7%
-4.2%
Q4 24
82.1%
23.1%
Q3 24
11.1%
-5.6%
Q2 24
2.3%
19.0%
Q1 24
50.0%
-5.0%
Capex Intensity
HAFC
HAFC
NCSM
NCSM
Q4 25
3.2%
0.4%
Q3 25
0.8%
0.5%
Q2 25
0.9%
0.8%
Q1 25
0.4%
0.9%
Q4 24
4.3%
0.5%
Q3 24
0.4%
1.0%
Q2 24
1.4%
1.1%
Q1 24
1.4%
0.7%
Cash Conversion
HAFC
HAFC
NCSM
NCSM
Q4 25
9.70×
0.88×
Q3 25
6.66×
1.88×
Q2 25
-1.26×
3.81×
Q1 25
1.46×
-0.41×
Q4 24
2.97×
3.07×
Q3 24
0.45×
-0.49×
Q2 24
0.14×
Q1 24
1.98×
-0.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAFC
HAFC

Segment breakdown not available.

NCSM
NCSM

Products$33.8M67%
Services$16.8M33%

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