FREE Breaking News Alerts from StreetInsider.com!
E-mail Address
Top NewsMost Read Highlighted
Get AlertsHAFC Hot Sheet
BUY ( Up)
Hanmi Financial (Nasdaq: HAFC) is currently halted in after-hours trading, with shares ending up about 8 percent for the session.
Bloomberg reported late that the firm might be in sales talks, hiring DelMorgan & Co. to advise.
Hanmi might attract interest from the likes of BBCN Bancorp (Nasdaq: BBCN) and Wilshire Bancorp (Nasdaq: WIBC), both of which are based in Los Angeles, Cali., just like Hanmi.
The firm has assets of $2.8 billion and a market cap of about $481 million.
BBCN is the largest Korean-American bank in the U.S., boasting assets of $5.3 billion, while Wilshire is the third-largest at $2.6 billion.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items – JOIN NOW