LOS ANGELES (AP) — LOS ANGELES (AP) — Hanmi Financial Corp. (HAFC) on Tuesday reported first-quarter profit of $17.7 million.
The Los Angeles-based bank said it had earnings of 58 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The bank holding company posted revenue of $107 million in the period. Its revenue net of interest expense was $62.8 million, which also topped Street forecasts.
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