Hanmi Financial vs Westamerica Bancorporation
HAFC and WABC side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How HAFC and WABC compare
Westamerica Bancorporation is the larger company, worth 1.4 times as much as Hanmi Financial ($1.4B against $965M).
On earnings, Hanmi Financial is cheaper: it trades at 10.7× trailing earnings, against 12.9× for Westamerica Bancorporation.
Hanmi Financial grew revenue faster over the last twelve months (12.3% versus −4.6% for Westamerica Bancorporation).
Westamerica Bancorporation keeps more of each dollar of sales as profit, with a net margin of 43.9% compared with 31.2% at Hanmi Financial.
Both pay dividends: Hanmi Financial yields 3.4% and Westamerica Bancorporation 3.2%.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | HAFC | WABC |
|---|---|---|
| Size and price | ||
| Market cap | $965M | $1.4B |
| Share price | $32.54 | $59.64 |
| Change, 1 year | 20.9% | 23.3% |
| Change, 5 years | 38.5% | 5.8% |
| Beta (5Y) | 0.77 | 0.54 |
| Employees | 610 | 627 |
| StockData Score | ||
| Total score | 14 | 14 |
| Valuation score | 3 (better) | 0 |
| Growth score | 2 (better) | 0 |
| Performance score | 3 | 4 (better) |
| Health score | 3 | 6 (better) |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 10.7× (better) | 12.9× |
| P/S | 3.3× (better) | 5.5× |
| P/B | 1.2× (better) | 1.7× |
| EV/EBITDA | 6.5× | – |
| P/FCF | 5.4× (better) | 12.2× |
| FCF yield | 18.7% (better) | 8.2% |
| Fair value | $31.05 | $51.17 |
| Margin of safety | −4.8% (better) | −16.5% |
| Growth | ||
| Revenue growth (TTM) | 12.3% (better) | −4.6% |
| Revenue growth, 5Y average | 3.8% | 4.2% (better) |
| Net income growth (TTM) | 25.4% (better) | −7.8% |
| EPS growth (TTM) | 27.2% (better) | 1.1% |
| EPS growth, 5Y average | 12.7% (better) | 8.7% |
| Profitability | ||
| Operating margin | 31.2% | – |
| Net margin | 31.2% | 43.9% (better) |
| FCF margin | 61.8% (better) | 44.8% |
| Return on equity | 11.5% | 12.9% (better) |
| Return on invested capital | 13.0% | – |
| Financial health | ||
| Debt / equity | – | 0.18 |
| Altman Z-score | 0.23 | 0.35 (better) |
| Piotroski F-score | 7 (better) | 5 |
| Dividends and buybacks | ||
| Dividend yield | 3.4% (better) | 3.2% |
| Payout ratio | 36.6% | 40.7% |
| Years of dividend growth | 1 | 16 (better) |
| Dividend growth, 5Y average | 15.7% (better) | 2.1% |
| Buyback yield | 1.7% | 8.6% (better) |
| Shareholder yield | 5.1% | 11.8% (better) |
| Ownership | ||
| Held by institutions | 93.6% | 79.9% |
| Held by insiders | 2.2% | 0.07% |
| Insider net buying, 12 months | −$266K | −$37.6K (better) |
| Short interest, % of float | 3.9% | 3.7% |
Go deeper
- HAFC stock overview
- HAFC income statement
- HAFC valuation and score
- WABC stock overview
- WABC income statement
- WABC valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.