HMN Financial

We are proud to serve communities in both Minnesota and Iowa. We are a high-performing financial service provider with the feel of an approachable, friendly community bank. Home Federal offers a full range of retail deposits and loan services, business banking/commercial services, savings, certificates of deposit, checking, retirement savings and IRAs. Home Federal also offers its clients additional services such as Debit MasterCards, Visa credit cards, ATM cards, internet banking, safe deposit boxes, investment services, and much more...

Company Growth (employees)
Type
Public
HQ
Rochester, US
Founded
1994
Size (employees)
172 (est)
Website
hmnf.com
HMN Financial was founded in 1994 and is headquartered in Rochester, US

HMN Financial Office Locations

HMN Financial has an office in Rochester
Rochester, US (HQ)
1016 Civic Center Dr NW

HMN Financial Data and Metrics

HMN Financial Financial Metrics

HMN Financial's revenue was reported to be $8.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

8.5 m

Gross profit (Q1, 2017)

8.1 m

Gross profit margin (Q1, 2017), %

95%

Net income (Q1, 2017)

1.2 m

EBIT (Q1, 2017)

6.5 m

Market capitalization (22-Aug-2017)

86.3 m

Cash (31-Mar-2017)

12.5 m
HMN Financial's current market capitalization is $86.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

23 m20.6 m21.5 m35.6 m

Revenue growth, %

(10%)4%66%

Cost of goods sold

3.3 m1.2 m1.5 m1.6 m

Gross profit

19.7 m19.4 m19.9 m34 m

Gross profit Margin, %

86%94%93%96%

EBIT

27.6 m26.4 m20.1 m26.4 m

EBIT margin, %

120%128%94%74%

Pre tax profit

12.3 m4.6 m10.5 m

Net Income

26.7 m7.4 m3 m6.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

6.7 m7.3 m6.5 m6.9 m7.6 m8.3 m9.3 m9.1 m8.5 m

Cost of goods sold

306 k297 k326 k391 k397 k374 k395 k404 k407 k

Gross profit

6.4 m7 m6.2 m6.5 m7.2 m7.9 m8.9 m8.7 m8.1 m

Gross profit Margin, %

95%96%95%94%95%95%96%96%95%

Sales and marketing expense

3.3 m3.2 m3.4 m3.5 m3.3 m3.7 m3.6 m3.7 m3.9 m

R&D expense

249 k240 k231 k268 k254 k273 k281 k299 k291 k

General and administrative expense

990 k1 m998 k1 m

Operating expense total

3.5 m3.4 m3.7 m3.8 m3.6 m5 m4.9 m5 m5.3 m

EBIT

6.9 m5.8 m4.6 m4.9 m5 m6.9 m6.4 m6.5 m6.5 m

EBIT margin, %

102%79%70%70%66%83%69%71%76%

Pre tax profit

4.2 m2.6 m721 k929 k1.3 m2.9 m2.5 m2.4 m2.1 m

Income tax expense

1.6 m1.1 m260 k344 k491 k1.2 m974 k1 m841 k

Net Income

4.2 m5.7 m461 k1 m1.9 m1.8 m3.3 m4.7 m1.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

120.7 m46.6 m39.8 m27.6 m

Accounts Receivable

2 m1.7 m2.3 m2.6 m

PP&E

6.7 m7 m7.5 m8.2 m

Goodwill

802 k

Total Assets

648.6 m577.4 m643.2 m682 m

Accounts Payable

146 k93 k242 k592.8 m

Total Liabilities

606.1 m

Additional Paid-in Capital

51.2 m50.2 m50.4 m50.6 m

Total Equity

69.6 m75.9 m

Financial Leverage

9.2 x9 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

39.6 m10.4 m13.8 m18.9 m34.6 m12.5 m

PP&E

7 m7.4 m7.6 m8.1 m8.1 m8.1 m

Goodwill

802 k802 k802 k

Total Assets

564 m618.9 m638.2 m653.4 m685.7 m681 m

Accounts Payable

481.5 m531.6 m551.5 m563.1 m592.2 m591.4 m

Common Stock

91 k

Additional Paid-in Capital

50.2 m50.3 m50.4 m50.4 m50.5 m50.4 m

Total Equity

67.5 m68.7 m71.7 m73.3 m74.8 m77.4 m

Financial Leverage

8.4 x9 x8.9 x8.9 x9.2 x8.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

26.7 m7.4 m3 m6.4 m

Depreciation and Amortization

880 k576 k706 k850 k

Accounts Payable

(101 k)(53 k)

Cash From Operating Activities

19 m17.3 m10.8 m25.5 m

Purchases of PP&E

(49.1 m)(157 m)(144.1 m)(105 m)

Cash From Investing Activities

49.3 m(12.4 m)(31.9 m)(50.4 m)

Cash From Financing Activities

(31.3 m)(79 m)14.2 m12.6 m

Interest Paid

3.4 m1.3 m1.4 m1.6 m

Income Taxes Paid

205 k191 k436 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

4.2 m5.7 m461 k1 m1.9 m1.8 m3.3 m4.7 m1.2 m

Depreciation and Amortization

271 k416 k161 k333 k516 k195 k399 k619 k233 k

Accounts Receivable

120 k127 k

Accounts Payable

(43 k)(46 k)(31 k)

Cash From Operating Activities

8 m17 m536 k510 k9.6 m4.6 m12.4 m17.5 m4.5 m

Purchases of PP&E

(50 m)(89 m)(34.1 m)(64.1 m)(109.1 m)(50 m)(60 m)(105 m)(5 m)

Cash From Investing Activities

(1.4 m)(16.5 m)(11 m)(33.7 m)(23.5 m)(19.2 m)(37.6 m)(18.6 m)

Cash From Financing Activities

(46.1 m)(63.9 m)(13.2 m)(15.5 m)(12.2 m)(7.1 m)(14.2 m)14.9 m(984 k)

Interest Paid

683 k983 k254 k567 k954 k387 k777 k1.2 m438 k

Income Taxes Paid

135 k135 k191 k156 k156 k436 k1.8 m
USDY, 2017

Revenue/Employee

49.7 k

Financial Leverage

8.8 x

HMN Financial Market Value History

Traffic Overview of HMN Financial

HMN Financial Company Life and Culture

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