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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $71.2M, roughly 1.8× HANMI FINANCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 1.5%, a 28.3% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs -3.9%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $16.3M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
HAFC vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $71.2M | $124.7M |
| Net Profit | $21.2M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 29.8% | 3.3% |
| Net Margin | 29.8% | 1.5% |
| Revenue YoY | 17.1% | -3.9% |
| Net Profit YoY | 20.0% | -53.6% |
| EPS (diluted) | $0.70 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $71.0M | $85.1M | ||
| Q2 25 | $65.2M | $140.8M | ||
| Q1 25 | $62.8M | $115.9M | ||
| Q4 24 | $60.8M | $129.7M | ||
| Q3 24 | $58.5M | $88.3M | ||
| Q2 24 | $56.7M | $159.1M | ||
| Q1 24 | $58.4M | $137.5M |
| Q4 25 | $21.2M | $1.9M | ||
| Q3 25 | $22.1M | $-3.4M | ||
| Q2 25 | $15.1M | $8.6M | ||
| Q1 25 | $17.7M | $2.1M | ||
| Q4 24 | $17.7M | $4.5M | ||
| Q3 24 | $14.9M | $-1.9M | ||
| Q2 24 | $14.5M | $27.9M | ||
| Q1 24 | $15.2M | $7.9M |
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | 29.8% | 3.3% | ||
| Q3 25 | 31.1% | -3.5% | ||
| Q2 25 | 23.2% | 9.3% | ||
| Q1 25 | 28.1% | 4.1% | ||
| Q4 24 | 29.1% | 5.8% | ||
| Q3 24 | 25.5% | -1.7% | ||
| Q2 24 | 25.5% | 17.4% | ||
| Q1 24 | 26.0% | 8.2% |
| Q4 25 | 29.8% | 1.5% | ||
| Q3 25 | 31.1% | -4.0% | ||
| Q2 25 | 23.2% | 6.1% | ||
| Q1 25 | 28.1% | 1.8% | ||
| Q4 24 | 29.1% | 3.5% | ||
| Q3 24 | 25.5% | -2.1% | ||
| Q2 24 | 25.5% | 17.5% | ||
| Q1 24 | 26.0% | 5.7% |
| Q4 25 | $0.70 | $0.04 | ||
| Q3 25 | $0.73 | $-0.08 | ||
| Q2 25 | $0.50 | $0.19 | ||
| Q1 25 | $0.58 | $0.05 | ||
| Q4 24 | $0.58 | $0.10 | ||
| Q3 24 | $0.49 | $-0.04 | ||
| Q2 24 | $0.48 | $0.60 | ||
| Q1 24 | $0.50 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $796.4M | $363.2M |
| Total Assets | $7.9B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $22.4M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | — | $25.2M | ||
| Q1 25 | — | $26.7M | ||
| Q4 24 | — | $39.1M | ||
| Q3 24 | — | $35.5M | ||
| Q2 24 | — | $60.8M | ||
| Q1 24 | — | $47.4M |
| Q4 25 | $796.4M | $363.2M | ||
| Q3 25 | $779.5M | $364.4M | ||
| Q2 25 | $762.8M | $372.5M | ||
| Q1 25 | $751.5M | $366.9M | ||
| Q4 24 | $732.2M | $371.5M | ||
| Q3 24 | $736.7M | $380.0M | ||
| Q2 24 | $707.1M | $399.9M | ||
| Q1 24 | $703.1M | $376.4M |
| Q4 25 | $7.9B | $548.6M | ||
| Q3 25 | $7.9B | $554.6M | ||
| Q2 25 | $7.9B | $559.6M | ||
| Q1 25 | $7.7B | $578.9M | ||
| Q4 24 | $7.7B | $587.4M | ||
| Q3 24 | $7.7B | $571.3M | ||
| Q2 24 | $7.6B | $577.4M | ||
| Q1 24 | $7.5B | $570.6M |
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 | $27.3M |
| Free Cash FlowOCF − Capex | $203.7M | $16.3M |
| FCF MarginFCF / Revenue | 286.2% | 13.1% |
| Capex IntensityCapex / Revenue | 3.2% | 8.8% |
| Cash ConversionOCF / Net Profit | 9.70× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $356.1M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.0M | $27.3M | ||
| Q3 25 | $146.9M | $-8.1M | ||
| Q2 25 | $-19.0M | $40.8M | ||
| Q1 25 | $25.8M | $-9.8M | ||
| Q4 24 | $52.6M | $-7.4M | ||
| Q3 24 | $6.7M | $-30.8M | ||
| Q2 24 | $2.1M | $43.7M | ||
| Q1 24 | $30.0M | $25.2M |
| Q4 25 | $203.7M | $16.3M | ||
| Q3 25 | $146.4M | $-12.4M | ||
| Q2 25 | $-19.6M | $33.5M | ||
| Q1 25 | $25.6M | $-16.1M | ||
| Q4 24 | $49.9M | $-10.7M | ||
| Q3 24 | $6.5M | $-35.5M | ||
| Q2 24 | $1.3M | $38.2M | ||
| Q1 24 | $29.2M | $7.0M |
| Q4 25 | 286.2% | 13.1% | ||
| Q3 25 | 206.3% | -14.6% | ||
| Q2 25 | -30.0% | 23.8% | ||
| Q1 25 | 40.7% | -13.9% | ||
| Q4 24 | 82.1% | -8.3% | ||
| Q3 24 | 11.1% | -40.2% | ||
| Q2 24 | 2.3% | 24.0% | ||
| Q1 24 | 50.0% | 5.1% |
| Q4 25 | 3.2% | 8.8% | ||
| Q3 25 | 0.8% | 5.0% | ||
| Q2 25 | 0.9% | 5.2% | ||
| Q1 25 | 0.4% | 5.4% | ||
| Q4 24 | 4.3% | 2.5% | ||
| Q3 24 | 0.4% | 5.3% | ||
| Q2 24 | 1.4% | 3.5% | ||
| Q1 24 | 1.4% | 13.2% |
| Q4 25 | 9.70× | 14.22× | ||
| Q3 25 | 6.66× | — | ||
| Q2 25 | -1.26× | 4.73× | ||
| Q1 25 | 1.46× | -4.68× | ||
| Q4 24 | 2.97× | -1.63× | ||
| Q3 24 | 0.45× | — | ||
| Q2 24 | 0.14× | 1.57× | ||
| Q1 24 | 1.98× | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.