Summary
25.70 0.98(3.96%)09/13/2024
HMN Financial Inc. (HMNF)
HMN Financial Inc. (HMNF)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 2.88 | 0.78 | 3.92 | 17.62 | 26.60 | 30.32 | 25.49 | 335.59 |
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| Trading Data | ||
| Close | 25.70 | |
| Open | 25.00 | |
| High | 25.70 | |
| Low | 25.00 | |
| Volume | 8,101 | |
| Change | 0.72 | |
| Change % | 2.88 | |
| Avg Volume (20 Days) | 3,758 | |
| Volume/Avg Volume (20 Days) Ratio | 2.16 | |
| 52 Week Range | 17.60 - 27.00 | |
| Price vs 52 Week High | -4.81% | |
| Price vs 52 Week Low | 46.02% | |
| Range | 2.80 | |
| Gap Up/Down | -0.09 | |
Fundamentals | ||
| Market Capitalization (Mln) | 115 | |
| EBIDTA | 0 | |
| PE Ratio | 14.8846 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 27.00 | |
| Book Value | 24.7700 | |
| Earnings Per Share | 1.3000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 1.3000 | |
| Revenues | ||
| Profit Marging | 0.1509 | |
| Operating Marging (TTM) | 0.1943 | |
| Return on asset (TTM) | 0.0051 | |
| Return on equity (TTM) | 0.0544 | |
| Revenue TTM | 37,698,000 | |
| Revenue per share TTM | 8.6200 | |
| Quarterly Revenue Growth (YOY) | -0.0630 | |
| Quarterly Earnings Growth (YOY) | -0.1890 | |
| Gross Profit (TTM) | 40,072,000 | |
| Dividends | ||
| Dividend Share | 0.3200 | |
| Dividend Yield | 0.0207 | |
| Valuations | ||
| Trailing PE | 14.8846 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.8237 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 4,464,950 | |
| Shares Float | 2,398,057 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 17.47 | |
| Institutions (%) | 60.04 | |
08/19 18:41 EST - businesswire.com
HMN FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HMN Financial, Inc. - HMNF
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HMN Financial, Inc. (NasdaqGM: HMNF) to Alerus Financial Corporation (NasdaqCM: ALRS). Under the terms of the proposed transaction, shareholders of HMN will receive 1.25 shares of Alerus for each share of HMN that they own. KSF is seeking to determine whether this consideration and the process that led to it a.
HMN FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HMN Financial, Inc. - HMNF
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HMN Financial, Inc. (NasdaqGM: HMNF) to Alerus Financial Corporation (NasdaqCM: ALRS). Under the terms of the proposed transaction, shareholders of HMN will receive 1.25 shares of Alerus for each share of HMN that they own. KSF is seeking to determine whether this consideration and the process that led to it a.
08/05 14:58 EST - globenewswire.com
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger and Upcoming Vote on September 12, 2024, of HMN Financial, Inc. – HMNF
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HMN Financial, Inc. ( Nasdaq : HMNF ) , relating to its proposed merger with Alerus Financial Corporation. Under the terms of the agreement, each share of HMNF common stock will be converted into the right to receive 1.25 shares of Alerus common stock, with cash paid in lieu of fractional shares.
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger and Upcoming Vote on September 12, 2024, of HMN Financial, Inc. – HMNF
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HMN Financial, Inc. ( Nasdaq : HMNF ) , relating to its proposed merger with Alerus Financial Corporation. Under the terms of the agreement, each share of HMNF common stock will be converted into the right to receive 1.25 shares of Alerus common stock, with cash paid in lieu of fractional shares.
07/30 20:49 EST - prnewswire.com
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of HMN Financial, Inc. - HMNF
NEW YORK , July 30, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HMN Financial, Inc. (Nasdaq: HMNF), relating to its proposed merger with Alerus Financial Corporation.
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of HMN Financial, Inc. - HMNF
NEW YORK , July 30, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HMN Financial, Inc. (Nasdaq: HMNF), relating to its proposed merger with Alerus Financial Corporation.
07/30 09:54 EST - globenewswire.com
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of HMN Financial, Inc. – HMNF
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HMN Financial, Inc. ( Nasdaq : HMNF ) , relating to its proposed merger with Alerus Financial Corporation. Under the terms of the agreement, each share of HMNF common stock will be converted into the right to receive 1.25 shares of Alerus common stock, with cash paid in lieu of fractional shares.
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of HMN Financial, Inc. – HMNF
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HMN Financial, Inc. ( Nasdaq : HMNF ) , relating to its proposed merger with Alerus Financial Corporation. Under the terms of the agreement, each share of HMNF common stock will be converted into the right to receive 1.25 shares of Alerus common stock, with cash paid in lieu of fractional shares.
07/24 14:00 EST - globenewswire.com
HMN Financial, Inc. Announces Dividend
ROCHESTER, Minn., July 24, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF) today announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock, payable on September 9, 2024 to stockholders of record at the close of business on August 16, 2024. The declaration and amount of any future cash dividends remains subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company's results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.
HMN Financial, Inc. Announces Dividend
ROCHESTER, Minn., July 24, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF) today announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock, payable on September 9, 2024 to stockholders of record at the close of business on August 16, 2024. The declaration and amount of any future cash dividends remains subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company's results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.
07/22 19:00 EST - globenewswire.com
HMN Financial, Inc. Announces Second Quarter Results
Second Quarter Summary Net income of $1.0 million, down $0.4 million, from $1.4 million for second quarter of 2023 Diluted earnings per share of $0.22, down $0.10, from $0.32 for second quarter of 2023 Net interest income of $7.5 million, down $0.2 million, from $7.7 million for second quarter of 2023 Gain on sales of loans of $0.6 million, up $0.3 million, from $0.3 million for second quarter of 2023 Net interest margin of 2.70%, down 20 basis points, from 2.90% for second quarter of 2023 Goodwill impairment of $0.8 million was recorded in the second quarter of 2024 As previously announced, on May 14, 2024, we entered into a definitive Agreement and Plan of Merger to which Alerus Financial Corporation (Nasdaq:ALRS) will acquire HMN Financial, Inc. in an all-stock merger. The transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions, including receipt of required regulatory and stockholder approvals.
HMN Financial, Inc. Announces Second Quarter Results
Second Quarter Summary Net income of $1.0 million, down $0.4 million, from $1.4 million for second quarter of 2023 Diluted earnings per share of $0.22, down $0.10, from $0.32 for second quarter of 2023 Net interest income of $7.5 million, down $0.2 million, from $7.7 million for second quarter of 2023 Gain on sales of loans of $0.6 million, up $0.3 million, from $0.3 million for second quarter of 2023 Net interest margin of 2.70%, down 20 basis points, from 2.90% for second quarter of 2023 Goodwill impairment of $0.8 million was recorded in the second quarter of 2024 As previously announced, on May 14, 2024, we entered into a definitive Agreement and Plan of Merger to which Alerus Financial Corporation (Nasdaq:ALRS) will acquire HMN Financial, Inc. in an all-stock merger. The transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions, including receipt of required regulatory and stockholder approvals.
05/15 12:55 EST - prnewswire.com
Shareholder Alert: Ademi LLP investigates whether HMN Financial, Inc. has obtained a Fair Price in its Transaction with Alerus
MILWAUKEE , May 15, 2024 /PRNewswire/ -- Ademi LLP is investigating HMN Financial (Nasdaq: HMNF) for possible breaches of fiduciary duty and other violations of law in its transaction with Alerus. Click here to learn how to join the https://www.ademilaw.com/case/hmn-financial-inc or call Guri Ademi toll-free at 866-264-3995.
Shareholder Alert: Ademi LLP investigates whether HMN Financial, Inc. has obtained a Fair Price in its Transaction with Alerus
MILWAUKEE , May 15, 2024 /PRNewswire/ -- Ademi LLP is investigating HMN Financial (Nasdaq: HMNF) for possible breaches of fiduciary duty and other violations of law in its transaction with Alerus. Click here to learn how to join the https://www.ademilaw.com/case/hmn-financial-inc or call Guri Ademi toll-free at 866-264-3995.
05/15 12:53 EST - businesswire.com
HMNF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HMN Financial, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HMN Financial, Inc. (NASDAQ: HMNF) to Alerus Financial Corporation for 1.25 shares of Alerus common stock for each share of HMN common stock is fair to HMN shareholders. Halper Sadeh encourages HMN shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
HMNF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HMN Financial, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HMN Financial, Inc. (NASDAQ: HMNF) to Alerus Financial Corporation for 1.25 shares of Alerus common stock for each share of HMN common stock is fair to HMN shareholders. Halper Sadeh encourages HMN shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
05/15 08:42 EST - businesswire.com
Alerus Financial Corporation and HMN Financial, Inc. Jointly Announce Strategic Transaction
GRAND FORKS, N.D. & ROCHESTER, Minn.--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (Nasdaq: ALRS) and HMN Financial, Inc. (“HMNF”) (Nasdaq: HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank (“Home Federal”). Under the terms of the.
Alerus Financial Corporation and HMN Financial, Inc. Jointly Announce Strategic Transaction
GRAND FORKS, N.D. & ROCHESTER, Minn.--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (Nasdaq: ALRS) and HMN Financial, Inc. (“HMNF”) (Nasdaq: HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank (“Home Federal”). Under the terms of the.
05/15 08:30 EST - globenewswire.com
ALERUS FINANCIAL CORPORATION AND HMN FINANCIAL, INC. JOINTLY ANNOUNCE STRATEGIC TRANSACTION
GRAND FORKS, N.D. & ROCHESTER, Minn., May 15, 2024 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (“Alerus”) (Nasdaq: ALRS) and HMN Financial, Inc. (“HMNF”) (Nasdaq: HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank (“Home Federal”). Under the terms of the Merger Agreement, HMNF will merge with and into Alerus (the “Merger”) and Home Federal will merge with and into Alerus' wholly-owned bank subsidiary, Alerus Financial, National Association, in a transaction valued at approximately $116.4 million.
ALERUS FINANCIAL CORPORATION AND HMN FINANCIAL, INC. JOINTLY ANNOUNCE STRATEGIC TRANSACTION
GRAND FORKS, N.D. & ROCHESTER, Minn., May 15, 2024 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (“Alerus”) (Nasdaq: ALRS) and HMN Financial, Inc. (“HMNF”) (Nasdaq: HMNF) jointly announced today the signing of a definitive Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Alerus will acquire, in an all-stock merger, HMNF, a savings and loan holding company headquartered in Rochester, Minnesota, and the parent company of Home Federal Savings Bank (“Home Federal”). Under the terms of the Merger Agreement, HMNF will merge with and into Alerus (the “Merger”) and Home Federal will merge with and into Alerus' wholly-owned bank subsidiary, Alerus Financial, National Association, in a transaction valued at approximately $116.4 million.
04/18 19:00 EST - globenewswire.com
HMN FINANCIAL, INC. ANNOUNCES FIRST QUARTER RESULTS
First Quarter Summary Net income of $1.3 million, down $0.3 million, from $1.6 million for first quarter of 2023 Diluted earnings per share of $0.30, down $0.07, from $0.37 for first quarter of 2023 Net interest income of $7.3 million, down $0.8 million, from $8.1 million for first quarter of 2023 Net interest margin of 2.63%, down 46 basis points, from 3.09% for first quarter of 2023 Provision for credit losses of ($0.2) million, down $0.2 million, from first quarter of 2023 Net Income Summary Three Months Ended March 31, (Dollars in thousands, except per share amounts) 2024 2023 Net income $ 1,318 1,634 Diluted earnings per share 0.30 0.37 Return on average assets (annualized) 0.46 % 0.61 % Return on average equity (annualized) 4.36 % 5.64 % Book value per share $ 24.39 22.35 ROCHESTER, Minn., April 18, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $1.2 billion holding company for Home Federal Savings Bank (the Bank), today reported net income of $1.3 million for the first quarter of 2024, a decrease of $0.3 million compared to net income of $1.6 million for the first quarter of 2023.
HMN FINANCIAL, INC. ANNOUNCES FIRST QUARTER RESULTS
First Quarter Summary Net income of $1.3 million, down $0.3 million, from $1.6 million for first quarter of 2023 Diluted earnings per share of $0.30, down $0.07, from $0.37 for first quarter of 2023 Net interest income of $7.3 million, down $0.8 million, from $8.1 million for first quarter of 2023 Net interest margin of 2.63%, down 46 basis points, from 3.09% for first quarter of 2023 Provision for credit losses of ($0.2) million, down $0.2 million, from first quarter of 2023 Net Income Summary Three Months Ended March 31, (Dollars in thousands, except per share amounts) 2024 2023 Net income $ 1,318 1,634 Diluted earnings per share 0.30 0.37 Return on average assets (annualized) 0.46 % 0.61 % Return on average equity (annualized) 4.36 % 5.64 % Book value per share $ 24.39 22.35 ROCHESTER, Minn., April 18, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $1.2 billion holding company for Home Federal Savings Bank (the Bank), today reported net income of $1.3 million for the first quarter of 2024, a decrease of $0.3 million compared to net income of $1.6 million for the first quarter of 2023.
01/25 19:00 EST - globenewswire.com
HMN Financial, Inc. Announces Fourth Quarter Results and Declares Dividend
Fourth Quarter Summary Net income of $1.5 million, down $0.9 million from $2.4 million for fourth quarter of 2022 Diluted earnings per share of $0.33, down $0.23 from $0.56 for fourth quarter of 2022 Net interest income of $7.2 million, down $1.7 million from $8.9 million for fourth quarter of 2022 Net interest margin of 2.58%, down 77 basis points from 3.35% for fourth quarter of 2022 Gain on sales of loans of $0.4 million, up $0.1 million from $0.3 million for fourth quarter of 202 Annual Summary Net income of $6.0 million, down $2.0 million from $8.0 million for 2022 Diluted earnings per share of $1.37, down $0.46 from $1.83 for 2022 Net interest income of $30.8 million, down $1.5 million from $32.3 million for 2022 Net interest margin of 2.84%, down 30 basis points from 3.14% for 2022 Gain on sales of loans of $1.5 million, down $0.9 million from $2.4 million for 2022 Provision for credit losses of $0.7 million, down $0.4 million from $1.1 million for 2022 Net Income Summary Three Months Ended Year Ended December 31, December 31, (Dollars in thousands, except per share amounts) 2023 2022 2023 2022 Net income $ 1,452 2,438 $ 6,005 8,045 Diluted earnings per share 0.33 0.56 1.37 1.83 Return on average assets (annualized) 0.51 % 0.89 % 0.54 % 0.75 % Return on average equity (annualized) 4.76 % 8.32 % 5.03 % 7.03 % Book value per share $ 24.16 21.72 $ 24.16 21.72 ROCHESTER, Min., Jan. 25, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $1.1 billion holding company for Home Federal Savings Bank (the Bank), today reported net income of $1.5 million for the fourth quarter of 2023, a decrease of $0.9 million compared to net income of $2.4 million for the fourth quarter of 2022.
HMN Financial, Inc. Announces Fourth Quarter Results and Declares Dividend
Fourth Quarter Summary Net income of $1.5 million, down $0.9 million from $2.4 million for fourth quarter of 2022 Diluted earnings per share of $0.33, down $0.23 from $0.56 for fourth quarter of 2022 Net interest income of $7.2 million, down $1.7 million from $8.9 million for fourth quarter of 2022 Net interest margin of 2.58%, down 77 basis points from 3.35% for fourth quarter of 2022 Gain on sales of loans of $0.4 million, up $0.1 million from $0.3 million for fourth quarter of 202 Annual Summary Net income of $6.0 million, down $2.0 million from $8.0 million for 2022 Diluted earnings per share of $1.37, down $0.46 from $1.83 for 2022 Net interest income of $30.8 million, down $1.5 million from $32.3 million for 2022 Net interest margin of 2.84%, down 30 basis points from 3.14% for 2022 Gain on sales of loans of $1.5 million, down $0.9 million from $2.4 million for 2022 Provision for credit losses of $0.7 million, down $0.4 million from $1.1 million for 2022 Net Income Summary Three Months Ended Year Ended December 31, December 31, (Dollars in thousands, except per share amounts) 2023 2022 2023 2022 Net income $ 1,452 2,438 $ 6,005 8,045 Diluted earnings per share 0.33 0.56 1.37 1.83 Return on average assets (annualized) 0.51 % 0.89 % 0.54 % 0.75 % Return on average equity (annualized) 4.76 % 8.32 % 5.03 % 7.03 % Book value per share $ 24.16 21.72 $ 24.16 21.72 ROCHESTER, Min., Jan. 25, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $1.1 billion holding company for Home Federal Savings Bank (the Bank), today reported net income of $1.5 million for the fourth quarter of 2023, a decrease of $0.9 million compared to net income of $2.4 million for the fourth quarter of 2022.
10/19 19:00 EST - globenewswire.com
HMN Financial, Inc. Announces Third Quarter Results
Third Quarter Summary Net income of $1.5 million, down $0.3 million, from $1.8 million for third quarter of 2022 Diluted earnings per share of $0.34, down $0.08, from $0.42 for third quarter of 2022 Net interest income of $7.8 million, down $0.5 million, from $8.3 million for third quarter of 2022 Net interest margin of 2.81%, down 32 basis points, from 3.13% for third quarter of 2022 Net loans receivable of $851 million, up $24 million, from $827 million at June 30, 2023 Year to Date Summary Net income of $4.6 million, down $1.0 million, from $5.6 million for first nine months of 2022 Diluted earnings per share of $1.04, down $0.23, from $1.27 for first nine months of 2022 Net interest income of $23.6 million, up $0.3 million, from $23.3 million for first nine months of 2022 Gain on sales of loans of $1.1 million, down $1.0 million, from $2.1 million for first nine months of 2022 Net interest margin of 2.93%, down 13 basis points, from 3.06% for first nine months of 2022 Net loans receivable of $851 million, up $74 million, from $777 million at December 31, 2022 Net Income Summary Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands, except per share amounts) 2023 2022 2023 2022 Net income $ 1,498 1,831 $ 4,553 5,607 Diluted earnings per share 0.34 0.42 1.04 1.27 Return on average assets (annualized) 0.52 % 0.67 % 0.55 % 0.71 % Return on average equity (annualized) 4.95 % 6.30 % 5.13 % 6.59 % ROCHESTER, Minn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $1.2 billion holding company for Home Federal Savings Bank (the Bank), today reported net income of $1.5 million for the third quarter of 2023, a decrease of $0.3 million, compared to $1.8 million for the third quarter of 2022.
HMN Financial, Inc. Announces Third Quarter Results
Third Quarter Summary Net income of $1.5 million, down $0.3 million, from $1.8 million for third quarter of 2022 Diluted earnings per share of $0.34, down $0.08, from $0.42 for third quarter of 2022 Net interest income of $7.8 million, down $0.5 million, from $8.3 million for third quarter of 2022 Net interest margin of 2.81%, down 32 basis points, from 3.13% for third quarter of 2022 Net loans receivable of $851 million, up $24 million, from $827 million at June 30, 2023 Year to Date Summary Net income of $4.6 million, down $1.0 million, from $5.6 million for first nine months of 2022 Diluted earnings per share of $1.04, down $0.23, from $1.27 for first nine months of 2022 Net interest income of $23.6 million, up $0.3 million, from $23.3 million for first nine months of 2022 Gain on sales of loans of $1.1 million, down $1.0 million, from $2.1 million for first nine months of 2022 Net interest margin of 2.93%, down 13 basis points, from 3.06% for first nine months of 2022 Net loans receivable of $851 million, up $74 million, from $777 million at December 31, 2022 Net Income Summary Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands, except per share amounts) 2023 2022 2023 2022 Net income $ 1,498 1,831 $ 4,553 5,607 Diluted earnings per share 0.34 0.42 1.04 1.27 Return on average assets (annualized) 0.52 % 0.67 % 0.55 % 0.71 % Return on average equity (annualized) 4.95 % 6.30 % 5.13 % 6.59 % ROCHESTER, Minn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $1.2 billion holding company for Home Federal Savings Bank (the Bank), today reported net income of $1.5 million for the third quarter of 2023, a decrease of $0.3 million, compared to $1.8 million for the third quarter of 2022.
04/19 19:00 EST - globenewswire.com
HMN Financial, Inc. Announces First Quarter Results
First Quarter Highlights
HMN Financial, Inc. Announces First Quarter Results
First Quarter Highlights
01/27 19:00 EST - globenewswire.com
HMN Financial, Inc. Announces Fourth Quarter Results and Annual Meeting
Fourth Quarter Highlights
HMN Financial, Inc. Announces Fourth Quarter Results and Annual Meeting
Fourth Quarter Highlights