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HMN Financial Inc. Reports Operating Results for Fiscal Quarter Ended on 2007-09-30
Posted by: gurufocus (IP Logged)
Date: December 19, 2008 10:21PM

HMN Financial Inc. (HMNF) filed Amended Quarterly Report for the period ended 2007-09-30. HMN Financial Inc. is the savings and loan holding company of Home Federal Savings Bank. Home Federal has a community banking philosophy and operates retail banking facilities. HMN's business involves attracting deposits from the general public and using such deposits to originate or purchase one-to-four family residential commercial real estate and multi-family mortgage loans in addition to consumer construction and commercial business loans. HMN also invests in mortgage-backed and related securities investment securities and other permissible investments. HMN Financial Inc. has a market cap of $14.28 million; its shares were traded at around $3.25 with and P/S ratio of 0.17. HMN Financial Inc. had an annual average earning growth of 6.7% over the past 10 years. GuruFocus rated HMN Financial Inc. the business predictability rank of 3-star.

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