Hanmi shares move after dividend day with regionals rallying
Hanmi Financial Corp. shares rose 1.8% to $29.98 Wednesday after paying a $0.28-per-share dividend. The move tracked gains in regional bank stocks, with the SPDR S&P Regional Banking ETF up 2.2%. Hanmi reported Q1 net income of $22.6 million and a net interest margin of 3.38%. Criticized loans increased to $116.4 million, mainly due to a commercial real estate downgrade.