vs

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

Bigger by revenue
SWBI
SWBI
1.8× larger
SWBI
$124.7M
$71.2M
HAFC
Growing faster (revenue YoY)
HAFC
HAFC
+20.9% gap
HAFC
17.1%
-3.9%
SWBI
Higher net margin
HAFC
HAFC
28.3% more per $
HAFC
29.8%
1.5%
SWBI
More free cash flow
HAFC
HAFC
$187.4M more FCF
HAFC
$203.7M
$16.3M
SWBI
Faster 2-yr revenue CAGR
HAFC
HAFC
Annualised
HAFC
10.4%
-4.8%
SWBI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HAFC
HAFC
SWBI
SWBI
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.

Revenue
HAFC
HAFC
SWBI
SWBI
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
Net Profit
HAFC
HAFC
SWBI
SWBI
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
Gross Margin
HAFC
HAFC
SWBI
SWBI
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%
Operating Margin
HAFC
HAFC
SWBI
SWBI
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%
Net Margin
HAFC
HAFC
SWBI
SWBI
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%
EPS (diluted)
HAFC
HAFC
SWBI
SWBI
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
HAFC
HAFC
SWBI
SWBI
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.

Cash + ST Investments
HAFC
HAFC
SWBI
SWBI
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
Stockholders' Equity
HAFC
HAFC
SWBI
SWBI
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
Total Assets
HAFC
HAFC
SWBI
SWBI
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
HAFC
HAFC
SWBI
SWBI
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.

Operating Cash Flow
HAFC
HAFC
SWBI
SWBI
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
Free Cash Flow
HAFC
HAFC
SWBI
SWBI
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
FCF Margin
HAFC
HAFC
SWBI
SWBI
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%
Capex Intensity
HAFC
HAFC
SWBI
SWBI
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%
Cash Conversion
HAFC
HAFC
SWBI
SWBI
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.

Related Comparisons