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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and SMARTFINANCIAL INC. (SMBK). Click either name above to swap in a different company.
HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $53.8M, roughly 1.3× SMARTFINANCIAL INC.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 25.4%, a 4.4% gap on every dollar of revenue. Over the past eight quarters, SMARTFINANCIAL INC.'s revenue compounded faster (15.4% CAGR vs 10.4%).
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.
SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.
HAFC vs SMBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $71.2M | $53.8M |
| Net Profit | $21.2M | $13.7M |
| Gross Margin | — | — |
| Operating Margin | 29.8% | — |
| Net Margin | 29.8% | 25.4% |
| Revenue YoY | 17.1% | — |
| Net Profit YoY | 20.0% | 21.6% |
| EPS (diluted) | $0.70 | $0.81 |
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.
| Q1 26 | — | $53.8M | ||
| Q4 25 | $71.2M | $53.3M | ||
| Q3 25 | $71.0M | $51.1M | ||
| Q2 25 | $65.2M | $49.2M | ||
| Q1 25 | $62.8M | $46.8M | ||
| Q4 24 | $60.8M | $46.8M | ||
| Q3 24 | $58.5M | $44.2M | ||
| Q2 24 | $56.7M | $40.4M |
| Q1 26 | — | $13.7M | ||
| Q4 25 | $21.2M | $13.7M | ||
| Q3 25 | $22.1M | $13.7M | ||
| Q2 25 | $15.1M | $11.7M | ||
| Q1 25 | $17.7M | $11.3M | ||
| Q4 24 | $17.7M | $9.6M | ||
| Q3 24 | $14.9M | $9.1M | ||
| Q2 24 | $14.5M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | 29.8% | 31.3% | ||
| Q3 25 | 31.1% | 33.2% | ||
| Q2 25 | 23.2% | 29.0% | ||
| Q1 25 | 28.1% | 29.0% | ||
| Q4 24 | 29.1% | 26.5% | ||
| Q3 24 | 25.5% | 24.3% | ||
| Q2 24 | 25.5% | 25.6% |
| Q1 26 | — | 25.4% | ||
| Q4 25 | 29.8% | 25.7% | ||
| Q3 25 | 31.1% | 26.8% | ||
| Q2 25 | 23.2% | 23.8% | ||
| Q1 25 | 28.1% | 24.0% | ||
| Q4 24 | 29.1% | 20.6% | ||
| Q3 24 | 25.5% | 20.7% | ||
| Q2 24 | 25.5% | 19.8% |
| Q1 26 | — | $0.81 | ||
| Q4 25 | $0.70 | $0.81 | ||
| Q3 25 | $0.73 | $0.81 | ||
| Q2 25 | $0.50 | $0.69 | ||
| Q1 25 | $0.58 | $0.67 | ||
| Q4 24 | $0.58 | $0.57 | ||
| Q3 24 | $0.49 | $0.54 | ||
| Q2 24 | $0.48 | $0.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $346.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $796.4M | $562.2M |
| Total Assets | $7.9B | $5.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $346.1M | ||
| Q4 25 | — | $464.4M | ||
| Q3 25 | — | $557.1M | ||
| Q2 25 | — | $365.1M | ||
| Q1 25 | — | $423.0M | ||
| Q4 24 | — | $387.6M | ||
| Q3 24 | — | $192.9M | ||
| Q2 24 | — | $342.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.3M | ||
| Q2 25 | — | $7.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $8.1M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | — | $12.7M |
| Q1 26 | — | $562.2M | ||
| Q4 25 | $796.4M | $552.4M | ||
| Q3 25 | $779.5M | $538.4M | ||
| Q2 25 | $762.8M | $519.0M | ||
| Q1 25 | $751.5M | $505.8M | ||
| Q4 24 | $732.2M | $491.3M | ||
| Q3 24 | $736.7M | $489.0M | ||
| Q2 24 | $707.1M | $472.5M |
| Q1 26 | — | $5.9B | ||
| Q4 25 | $7.9B | $5.9B | ||
| Q3 25 | $7.9B | $5.8B | ||
| Q2 25 | $7.9B | $5.5B | ||
| Q1 25 | $7.7B | $5.4B | ||
| Q4 24 | $7.7B | $5.3B | ||
| Q3 24 | $7.7B | $4.9B | ||
| Q2 24 | $7.6B | $4.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.03× |
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 | — |
| Free Cash FlowOCF − Capex | $203.7M | — |
| FCF MarginFCF / Revenue | 286.2% | — |
| Capex IntensityCapex / Revenue | 3.2% | — |
| Cash ConversionOCF / Net Profit | 9.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $356.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $206.0M | $61.7M | ||
| Q3 25 | $146.9M | $16.9M | ||
| Q2 25 | $-19.0M | $14.0M | ||
| Q1 25 | $25.8M | $14.3M | ||
| Q4 24 | $52.6M | $52.7M | ||
| Q3 24 | $6.7M | $12.4M | ||
| Q2 24 | $2.1M | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | $203.7M | $59.3M | ||
| Q3 25 | $146.4M | $16.6M | ||
| Q2 25 | $-19.6M | $13.2M | ||
| Q1 25 | $25.6M | $13.4M | ||
| Q4 24 | $49.9M | $46.3M | ||
| Q3 24 | $6.5M | $11.3M | ||
| Q2 24 | $1.3M | $15.4M |
| Q1 26 | — | — | ||
| Q4 25 | 286.2% | 111.3% | ||
| Q3 25 | 206.3% | 32.4% | ||
| Q2 25 | -30.0% | 26.9% | ||
| Q1 25 | 40.7% | 28.5% | ||
| Q4 24 | 82.1% | 98.9% | ||
| Q3 24 | 11.1% | 25.7% | ||
| Q2 24 | 2.3% | 38.2% |
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 4.5% | ||
| Q3 25 | 0.8% | 0.6% | ||
| Q2 25 | 0.9% | 1.6% | ||
| Q1 25 | 0.4% | 2.0% | ||
| Q4 24 | 4.3% | 13.7% | ||
| Q3 24 | 0.4% | 2.4% | ||
| Q2 24 | 1.4% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 9.70× | 4.50× | ||
| Q3 25 | 6.66× | 1.23× | ||
| Q2 25 | -1.26× | 1.20× | ||
| Q1 25 | 1.46× | 1.27× | ||
| Q4 24 | 2.97× | 5.47× | ||
| Q3 24 | 0.45× | 1.36× | ||
| Q2 24 | 0.14× | 2.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAFC
Segment breakdown not available.
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
