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Enter Symbol:
 
Hanmi Financial Corporation (HAFC) [hlAlert]

Rating:
Underperform
HAFC
up 174.56 %

Hanmi Financial Corporation (HAFC) rated Underperform by Oppenheimer

Posted on: Wednesday,  Jan 30, 2008  8:25 AM ET by Oppenheimer

Oppenheimer rated Underperform Hanmi Financial Corporation (NASDAQ: HAFC) on 01/30/2008, when the stock price was $65.84. Since
then, Hanmi Financial Corporation has lost 63.58% as of 11/20/2015's recent price of $23.98.
If you would have followed this Oppenheimer's recommendation on HAFC, you would have gained 174.56% of your investment in 2851 days.

Hanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). Hanmi Bank is a state-chartered bank. The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other communities in the multi-ethnic populations of Los Angeles County, Orange County, San Bernardino County, San Diego County, the San Francisco Bay area, and the Silicon Valley area in Santa Clara County. At December 31, 2008, the Bank maintained a branch network of 26 full-service branch offices in California and 7 loan production offices (LPO?s) in California, Colorado, Georgia, Illinois, Texas, Virginia and Washington. The Company?s other other subsidiaries are Chun-Ha Insurance Services, Inc. (Chun-Ha) and All World Insurance Services, Inc. (All World). Chun-Ha and All World are insurance agencies that offer a line of insurance products, including life, commercial, automobile, health, and property and casualty.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2008 8:25 AM Sell
None
65.84
as of 12/24/2008
1 Week up  12.64 %
1 Month up  12.64 %
3 Months up  23.23 %
1 YTD up  26.21 %

(*) Stock Price at the time of the recommendation.
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