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Hanmi Financial HAFC CA — Operating Loss Carryforwards

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IL
$60.9M-1.6%

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Other financials

Income statement

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Revenue$72.2M+10.7%
Operating income$23.5M+55.5%
Net income$23.5M+55.5%
EPS (diluted)$0.79+58.0%

Balance sheet

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Total debt$36.1M-6.6%
Total equity$812.7M+6.5%
Total assets$8.0B+1.8%

Cash flow

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Operating cash flow$23.9M-9.4%
CapEx$1.1M+92.1%
Free cash flow$23.4M-10.4%

Valuation

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Market cap$939.29M+36.3%
P/E10.5×0.0×
P/S3.3×+0.5×

Profitability

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Operating margin29.1%
Net margin31.2%+4.8pp
FCF margin78.8%+59.2pp

Returns & leverage

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Return on equity11.3%+2.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Hanmi Financial in its filing.

Tagged under the XBRL concept us-gaap:OperatingLossCarryforwards.

The source filing: Hanmi Financial’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 3:48 PM EST
Fiscal year
FY2025
Accession
0001193125-26-082425

As of December 31, 2025, the Company had net operating loss carryforwards of $2.2 million and $192.3 million for federal and state income tax purposes, respectively. The federal net operating loss carryforwards of $2.2 million expire in 2035. The state net operating loss carryforwards included California of $131.4 million which expire at various dates from 2034 through 2040, and Illinois of $60.9 million which expire at various dates from 2038 through 2039. Management determined that a partial valuation allowance was required against the Illinois net operating loss carryforwards.

Item 16. Form 10-K Summary

FAQ

What is Hanmi Financial's CA — operating loss carryforwards?
Hanmi Financial (HAFC) reported CA — operating loss carryforwards of $131.4M in Q4 2025.
How has Hanmi Financial's CA — operating loss carryforwards changed year-over-year?
Hanmi Financial's CA — operating loss carryforwards decreased by 0.0% year-over-year, from $131.4M to $131.4M.
What does CA — operating loss carryforwards mean?
This metric tracks the accumulated tax losses generated by operations within the California segment that can be applied to offset future taxable income. It represents a potential future tax benefit that enhances the bank's net income and cash flow profile once the entity returns to sustained profitability. Investors use this to evaluate the tax-shield potential and the historical performance volatility of the bank's regional operations.

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