Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $11.90 USD
Change Today -0.002 / -0.02%
Volume 2.1K
As of 8:10 PM 05/21/15 All times are local (Market data is delayed by at least 15 minutes).

hmn financial inc (HMNF) Snapshot

Open
$11.90
Previous Close
$11.90
Day High
$11.90
Day Low
$11.90
52 Week High
10/2/14 - $13.95
52 Week Low
11/14/14 - $10.06
Market Cap
53.3M
Average Volume 10 Days
1.5K
EPS TTM
$1.07
Shares Outstanding
4.5M
EX-Date
10/20/08
P/E TM
11.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for HMN FINANCIAL INC (HMNF)

Related News

No related news articles were found.

hmn financial inc (HMNF) Related Businessweek News

No Related Businessweek News Found

hmn financial inc (HMNF) Details

HMN Financial, Inc. operates as the holding company for Home Federal Savings Bank that provides community banking services in Minnesota and Iowa. The company offers various deposit products to retail and commercial customers, including savings accounts, negotiable order of withdrawal, money market, non-interest bearing checking, and certificate accounts comprising individual retirement accounts. It also provides one-to-four family residential, commercial real estate and multi-family loans, construction loans, and commercial business loans, as well as consumer loans, including home equity loans, automobile loans, mobile home loans, lot loans, loans secured by deposit accounts, and other loans for household and personal purposes. In addition, the company offers financial planning products and services; and operates foreclosed properties. It serves its customers through corporate office located in Rochester, Minnesota and its seven branch offices located in Albert Lea, Austin, La Crescent, Rochester, Spring Valley, and Winona, Minnesota; a loan origination office in Sartell, Minnesota; and two private banking offices located in Rochester, Minnesota. HMN Financial, Inc. was founded in 1933 and is based in Rochester, Minnesota.

172 Employees
Last Reported Date: 03/13/15
Founded in 1933

hmn financial inc (HMNF) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $386.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $246.4K
Chief Operating Officer of Home Federal Savin...
Total Annual Compensation: $246.2K
Compensation as of Fiscal Year 2014.

hmn financial inc (HMNF) Key Developments

HMN Financial Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

HMN Financial Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income of $0.5 million for the first quarter of 2015, a decrease of $1.1 million compared to net income of $1.6 million for the first quarter of 2014. Net income available to common shareholders was $0.4 million for the first quarter of 2015, a decrease of $0.7 million from the net income available to common shareholders of $1.1 million for the first quarter of 2014. Diluted earnings per common share for the first quarter of 2015 were $0.08, a decrease of $0.16 from diluted earnings per common share of $0.24 for the first quarter of 2014. The decrease in net income between the periods was due primarily to a $1.6 million increase in the provision for loan losses because there were fewer commercial loan payoffs and credit rating upgrades in the first quarter of 2015 when compared to the first quarter of 2014. Net income also decreased $0.5 million because of a decrease in net interest income due to a decrease in the average interest-earning assets between the periods. These reductions in net income were partially offset by a $0.8 million decrease in income tax expense between the periods due to the decreased income. Net interest income was $4.6 million for the first quarter of 2015, a decrease of $0.5 million, or 10.5%, compared to $5.1 million for the first quarter of 2014. Interest income was $4.9 million for the first quarter of 2015, a decrease of $0.5 million, or 10.0%, from $5.4 million for the first quarter of 2014. Interest income decreased between the periods primarily because of a decrease in the average yields earned and also because of a $35 million decrease in the average interest-earning assets between the periods. The decrease in yields was due primarily to decreasing rates on the commercial loan portfolio due to the low interest rate environment that continued to exist in the first quarter of 2015. Return on average assets for the first quarter of 2015 was 0.33%, compared to 1.08% for the first quarter of 2014. Return on average equity was 2.60% for the first quarter of 2015, compared to 7.61% for the first quarter of 2014. Book value per common share at March 31, 2015 was $14.90, compared to $13.76 at March 31, 2014. Income before income tax expense was $0.721 million against $1.632 million a year ago.

HMN Financial Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

HMN Financial Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, net interest income was $4,761,000 against $4,766,000 a year ago. Income before income tax expense was $2,845,000 against $3,452,000 a year ago. Net income for common shareholders was $1,385,000 or $0.30 per diluted share against $17,574,000 or $3.93 per diluted share a year ago. Return on average assets (annualized) for the fourth quarter of 2014 was 1.13%, compared to 12.23% for the fourth quarter of 2013. Return on average equity (annualized) was 8.74% for the fourth quarter of 2014, compared to 106.72% for the same period of 2013.  For the year, net interest income was $19,402,000 against $19,694,000 a year ago. Income before income tax expense was $12,281,000 against $12,264,000 a year ago. Net income for common shareholders was $5,669,000 or $1.23 per diluted share against $24,602,000 or $5.71 per diluted share a year ago. Return on average assets (annualized) for 2014 was 1.21%, compared to 4.55% for 2013. Return on average equity (annualized) was 9.12% for 2014, compared to 42.22% for the same period of 2013. Book value per common share at December 31, 2014 was $14.77, compared to $13.49 at December 31, 2013.

HMN Financial Inc., Annual General Meeting, Apr 28, 2015

HMN Financial Inc., Annual General Meeting, Apr 28, 2015., at 10:00 Central Standard Time. Location: Rochester Golf and Country Club, located at 3100 West. Agenda: To consider election of three directors to serve until the conclusion of the third succeeding annual meeting of stockholders or until their successors have been duly elected and qualified; to consider an advisory (non-binding) vote for the approval of the compensation of executives, as disclosed in this proxy statement; to consider ratification of the appointment of CliftonLarsonAllen LLP as independent registered public accounting firm for 2015; and to consider any other matters.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HMNF:US $11.90 USD -0.002

HMNF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ChoiceOne Financial Services Inc $23.00 USD +0.18
Mackinac Financial Corp $11.00 USD 0.00
PSB Holdings Inc/WI $42.00 USD 0.00
Southern Michigan Bancorp Inc $23.00 USD -0.05
Westbury Bancorp Inc $17.39 USD +0.04
View Industry Companies
 

Industry Analysis

HMNF

Industry Average

Valuation HMNF Industry Range
Price/Earnings 11.2x
Price/Sales 1.6x
Price/Book 0.7x
Price/Cash Flow 8.6x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HMN FINANCIAL INC, please visit www.hmnf.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.