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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Latham Group, Inc. is the larger business by last-quarter revenue ($100.0M vs $71.2M, roughly 1.4× HANMI FINANCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -7.0%, a 36.9% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs 14.5%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $14.1M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -4.9%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
HAFC vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.2M | $100.0M |
| Net Profit | $21.2M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | 29.8% | -10.7% |
| Net Margin | 29.8% | -7.0% |
| Revenue YoY | 17.1% | 14.5% |
| Net Profit YoY | 20.0% | 76.0% |
| EPS (diluted) | $0.70 | $-0.06 |
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 | $100.0M | ||
| Q3 25 | $71.0M | $161.9M | ||
| Q2 25 | $65.2M | $172.6M | ||
| Q1 25 | $62.8M | $111.4M | ||
| Q4 24 | $60.8M | $87.3M | ||
| Q3 24 | $58.5M | $150.5M | ||
| Q2 24 | $56.7M | $160.1M | ||
| Q1 24 | $58.4M | $110.6M |
| Q4 25 | $21.2M | $-7.0M | ||
| Q3 25 | $22.1M | $8.1M | ||
| Q2 25 | $15.1M | $16.0M | ||
| Q1 25 | $17.7M | $-6.0M | ||
| Q4 24 | $17.7M | $-29.2M | ||
| Q3 24 | $14.9M | $5.9M | ||
| Q2 24 | $14.5M | $13.3M | ||
| Q1 24 | $15.2M | $-7.9M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
| Q4 25 | 29.8% | -10.7% | ||
| Q3 25 | 31.1% | 13.3% | ||
| Q2 25 | 23.2% | 14.3% | ||
| Q1 25 | 28.1% | -4.4% | ||
| Q4 24 | 29.1% | -14.9% | ||
| Q3 24 | 25.5% | 8.9% | ||
| Q2 24 | 25.5% | 12.5% | ||
| Q1 24 | 26.0% | -1.9% |
| Q4 25 | 29.8% | -7.0% | ||
| Q3 25 | 31.1% | 5.0% | ||
| Q2 25 | 23.2% | 9.3% | ||
| Q1 25 | 28.1% | -5.4% | ||
| Q4 24 | 29.1% | -33.4% | ||
| Q3 24 | 25.5% | 3.9% | ||
| Q2 24 | 25.5% | 8.3% | ||
| Q1 24 | 26.0% | -7.1% |
| Q4 25 | $0.70 | $-0.06 | ||
| Q3 25 | $0.73 | $0.07 | ||
| Q2 25 | $0.50 | $0.13 | ||
| Q1 25 | $0.58 | $-0.05 | ||
| Q4 24 | $0.58 | $-0.24 | ||
| Q3 24 | $0.49 | $0.05 | ||
| Q2 24 | $0.48 | $0.11 | ||
| Q1 24 | $0.50 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $796.4M | $405.9M |
| Total Assets | $7.9B | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $796.4M | $405.9M | ||
| Q3 25 | $779.5M | $408.4M | ||
| Q2 25 | $762.8M | $398.4M | ||
| Q1 25 | $751.5M | $381.1M | ||
| Q4 24 | $732.2M | $387.2M | ||
| Q3 24 | $736.7M | $416.6M | ||
| Q2 24 | $707.1M | $408.1M | ||
| Q1 24 | $703.1M | $391.8M |
| Q4 25 | $7.9B | $823.2M | ||
| Q3 25 | $7.9B | $844.4M | ||
| Q2 25 | $7.9B | $822.1M | ||
| Q1 25 | $7.7B | $824.6M | ||
| Q4 24 | $7.7B | $794.2M | ||
| Q3 24 | $7.7B | $853.4M | ||
| Q2 24 | $7.6B | $830.0M | ||
| Q1 24 | $7.5B | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $203.7M | $14.1M |
| FCF MarginFCF / Revenue | 286.2% | 14.1% |
| Capex IntensityCapex / Revenue | 3.2% | 9.2% |
| Cash ConversionOCF / Net Profit | 9.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $356.1M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.0M | $23.3M | ||
| Q3 25 | $146.9M | $51.0M | ||
| Q2 25 | $-19.0M | $36.0M | ||
| Q1 25 | $25.8M | $-46.9M | ||
| Q4 24 | $52.6M | $6.2M | ||
| Q3 24 | $6.7M | $37.2M | ||
| Q2 24 | $2.1M | $52.4M | ||
| Q1 24 | $30.0M | $-34.5M |
| Q4 25 | $203.7M | $14.1M | ||
| Q3 25 | $146.4M | $45.2M | ||
| Q2 25 | $-19.6M | $29.1M | ||
| Q1 25 | $25.6M | $-50.3M | ||
| Q4 24 | $49.9M | $-98.0K | ||
| Q3 24 | $6.5M | $33.2M | ||
| Q2 24 | $1.3M | $47.9M | ||
| Q1 24 | $29.2M | $-39.9M |
| Q4 25 | 286.2% | 14.1% | ||
| Q3 25 | 206.3% | 27.9% | ||
| Q2 25 | -30.0% | 16.8% | ||
| Q1 25 | 40.7% | -45.2% | ||
| Q4 24 | 82.1% | -0.1% | ||
| Q3 24 | 11.1% | 22.1% | ||
| Q2 24 | 2.3% | 29.9% | ||
| Q1 24 | 50.0% | -36.0% |
| Q4 25 | 3.2% | 9.2% | ||
| Q3 25 | 0.8% | 3.6% | ||
| Q2 25 | 0.9% | 4.0% | ||
| Q1 25 | 0.4% | 3.1% | ||
| Q4 24 | 4.3% | 7.2% | ||
| Q3 24 | 0.4% | 2.7% | ||
| Q2 24 | 1.4% | 2.8% | ||
| Q1 24 | 1.4% | 4.8% |
| Q4 25 | 9.70× | — | ||
| Q3 25 | 6.66× | 6.29× | ||
| Q2 25 | -1.26× | 2.25× | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 2.97× | — | ||
| Q3 24 | 0.45× | 6.32× | ||
| Q2 24 | 0.14× | 3.95× | ||
| Q1 24 | 1.98× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAFC
Segment breakdown not available.
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
