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HMN Financial (HMN Financial) Pretax Margin % : 19.98% (As of Dec. 2023)


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What is HMN Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HMN Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $1.87 Mil. HMN Financial's Revenue for the three months ended in Dec. 2023 was $9.36 Mil. Therefore, HMN Financial's pretax margin for the quarter that ended in Dec. 2023 was 19.98%.

The historical rank and industry rank for HMN Financial's Pretax Margin % or its related term are showing as below:

HMNF' s Pretax Margin % Range Over the Past 10 Years
Min: 16.68   Med: 30.44   Max: 44.05
Current: 21.12


HMNF's Pretax Margin % is ranked worse than
75.72% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs HMNF: 21.12

HMN Financial Pretax Margin % Historical Data

The historical data trend for HMN Financial's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HMN Financial Pretax Margin % Chart

HMN Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.04 32.52 42.56 27.39 21.91

HMN Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.08 20.50 23.91 19.98 19.87

Competitive Comparison of HMN Financial's Pretax Margin %

For the Banks - Regional subindustry, HMN Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HMN Financial's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HMN Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HMN Financial's Pretax Margin % falls into.



HMN Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

HMN Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=8.553/39.038
=21.91 %

HMN Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.87/9.358
=19.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HMN Financial  (NAS:HMNF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


HMN Financial Pretax Margin % Related Terms

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HMN Financial (HMN Financial) Business Description

Traded in Other Exchanges
N/A
Address
1016 Civic Center Drive Northwest, Rochester, MN, USA, 55901
HMN Financial Inc is a stock savings bank holding company of Home federal savings bank. The bank is engaged in community banking and operates retail banking and loan production facilities in Minnesota, Iowa, Wisconsin. It is involved in the business of attracting deposits from the general public and businesses and using such deposits to originate single-family residential, commercial real estate and multi-family mortgage loans as well as consumer, construction, and commercial business loans. The bank also invests in mortgage-backed and related securities, U.S. government agency obligations and other permissible investments. Its products and services include checking and savings accounts, cash deposits, online services, credit cards among others.
Executives
Bradley Krehbiel other: EVP of subsidiary RT 3 BOX 174, LAKE CITY MN 55041
Jeffrey Bolton director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
David Oeth director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Pamela Bishop director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Williams Barbara Butts director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Jon J Eberle officer: Senior Vice President 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Wendy S Shannon director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Mark E Utz director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hugh C Smith director 1016 CIVIC CENTER DR NW, ROCHESTER MN 55901
Sequoya S Borgman director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Michael A Bue director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hans K Zietlow director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Patricia S Simmons director 1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Malcolm W Mcdonald director
Michael J Fogarty director