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HMN Financial (HMNF) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

HMN Financial Revenue Highlights

Latest Revenue (Y)

$43.48M

Latest Revenue (Q)

$14.79M

Main Segment (Y)

Debit Card

HMN Financial Revenue by Period

HMN Financial Revenue by Year

DateRevenueChange
2023-12-31$43.48M5.67%
2022-12-31$41.14M-7.48%
2021-12-31$44.47M0.93%
2020-12-31$44.06M19.07%
2019-12-31$37.01M3.19%
2018-12-31$35.86M6.70%
2017-12-31$33.61M-2.73%
2016-12-31$34.55M27.54%
2015-12-31$27.09M-2.83%
2014-12-31$27.88M0.16%
2013-12-31$27.84M-12.83%
2012-12-31$31.93M-9.47%
2011-12-31$35.27M-7.85%
2010-12-31$38.28M-8.82%
2009-12-31$41.98M3.23%
2008-12-31$40.67M-12.15%
2007-12-31$46.29M2.59%
2006-12-31$45.13M6.74%
2005-12-31$42.28M15.55%
2004-12-31$36.59M4.83%
2003-12-31$34.90M27.17%
2002-12-31$27.45M11.54%
2001-12-31$24.61M5.89%
2000-12-31$23.24M3.28%
1999-12-31$22.50M15.38%
1998-12-31$19.50M7.73%
1997-12-31$18.10M2.84%
1996-12-31$17.60M4.76%
1995-12-31$16.80M13.51%
1994-12-31$14.80M-

HMN Financial generated $43.48M in revenue during NA 2023, up 5.67% compared to the previous quarter, and up 121.23% compared to the same period a year ago.

HMN Financial Revenue by Quarter

DateRevenueChange
2024-06-30$14.79M6.36%
2024-03-31$13.91M20.50%
2023-12-31$11.54M0.11%
2023-09-30$11.53M18.81%
2023-06-30$9.70M-2.89%
2023-03-31$9.99M-8.00%
2022-12-31$10.86M4.98%
2022-09-30$10.35M0.62%
2022-06-30$10.28M6.46%
2022-03-31$9.66M-5.90%
2021-12-31$10.26M-7.48%
2021-09-30$11.09M-10.74%
2021-06-30$12.43M16.23%
2021-03-31$10.69M-12.50%
2020-12-31$12.22M4.53%
2020-09-30$11.69M8.92%
2020-06-30$10.73M13.89%
2020-03-31$9.42M-0.42%
2019-12-31$9.46M1.55%
2019-09-30$9.32M-1.81%
2019-06-30$9.49M8.68%
2019-03-31$8.73M-3.98%
2018-12-31$9.10M-2.40%
2018-09-30$9.32M3.73%
2018-06-30$8.98M6.14%
2018-03-31$8.46M2.09%
2017-12-31$8.29M-5.09%
2017-09-30$8.74M3.45%
2017-06-30$8.45M3.75%
2017-03-31$8.14M-5.89%
2016-12-31$8.65M-0.68%
2016-09-30$8.71M-2.61%
2016-06-30$8.94M8.31%
2016-03-31$8.26M8.91%
2015-12-31$7.58M12.01%
2015-09-30$6.77M4.41%
2015-06-30$6.48M3.43%
2015-03-31$6.27M-3.67%
2014-12-31$6.50M-8.46%
2014-09-30$7.11M-5.96%
2014-06-30$7.56M12.56%
2014-03-31$6.71M1.45%
2013-12-31$6.62M-10.94%
2013-09-30$7.43M6.68%
2013-06-30$6.96M2.07%
2013-03-31$6.82M-11.58%
2012-12-31$7.72M-3.62%
2012-09-30$8.01M2.13%
2012-06-30$7.84M-6.29%
2012-03-31$8.37M-5.49%
2011-12-31$8.85M2.91%
2011-09-30$8.60M0.17%
2011-06-30$8.59M-6.97%
2011-03-31$9.23M-0.86%
2010-12-31$9.31M-3.67%
2010-09-30$9.67M-1.06%
2010-06-30$9.77M2.46%
2010-03-31$9.54M-5.82%
2009-12-31$10.12M-3.33%
2009-09-30$10.47M-1.96%
2009-06-30$10.68M13.32%
2009-03-31$9.43M-5.89%
2008-12-31$10.02M-4.80%
2008-09-30$10.52M5.94%
2008-06-30$9.93M-2.66%
2008-03-31$10.20M-13.79%
2007-12-31$11.83M-

HMN Financial generated $14.79M in revenue during Q2 2024, up 6.36% compared to the previous quarter, and up 148.03% compared to the same period a year ago.

HMN Financial Revenue Breakdown

HMN Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Bank Servicing$1.57M$1.59M$1.55M$1.36M$1.28M
Debit Card$1.73M$1.71M$1.75M$1.52M$1.41M
Deposit Account$1.10M$1.09M$979.00K$986.00K$1.26M
Other Fees and Service Charges$528.00K$416.00K$392.00K$369.00K$433.00K
Product and Service, Other$355.00K$286.00K$1.81M$199.00K$227.00K
Uninsured Investment Product Sales$1.50M$1.40M$1.21M$991.00K$909.00K

HMN Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Debit Card (25.42%), Bank Servicing (23.21%), Uninsured Investment Product Sales (22.17%), Deposit Account (16.19%), Other Fees and Service Charges (7.78%), and Product and Service, Other (5.23%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Financial Service$732.00K$857.00K$831.00K$807.00K$825.00K$821.00K$810.00K$766.00K$793.00K$810.00K$783.00K$739.00K$741.00K$753.00K$669.00K$714.00K$795.00K$820.00K$785.00K-
Bank Servicing$388.00K$394.00K$390.00K$391.00K$400.00K$402.00K$406.00K$396.00K$386.00K$387.00K$389.00K$384.00K$395.00K$380.00K$347.00K$297.00K$332.00K$321.00K$324.00K$318.00K

HMN Financial's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Financial Service (65.36%), and Bank Servicing (34.64%).

HMN Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FNWBFirst Northwest Bancorp$104.92M$28.21M
FFNWFirst Financial Northwest$80.93M$20.09M
CWBCCommunity West Bancshares$61.39M$27.26M
FCAPFirst Capital$51.24M$15.02M
HMNFHMN Financial$43.48M$14.79M
LSBKLake Shore Bancorp$36.39M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
MGYRMagyar Bancorp$30.42M$12.74M
HVBCHV Bancorp$25.74M$6.58M
OFEDOconee Federal Financial$16.61M$3.21M

HMNF Revenue FAQ

What is HMN Financial’s yearly revenue?

HMN Financial's yearly revenue for 2023 was $43.48M, representing an increase of 5.67% compared to 2022. The company's yearly revenue for 2022 was $41.14M, representing a decrease of -7.48% compared to 2021. HMNF's yearly revenue for 2021 was $44.47M, representing an increase of 0.93% compared to 2020.

What is HMN Financial’s quarterly revenue?

HMN Financial's quarterly revenue for Q2 2024 was $14.79M, a 6.36% increase from the previous quarter (Q1 2024), and a 52.44% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $13.91M, a 20.50% increase from the previous quarter (Q4 2023), and a 39.19% increase year-over-year (Q1 2023). HMNF's quarterly revenue for Q4 2023 was $11.54M, a 0.11% increase from the previous quarter (Q3 2023), and a 6.26% increase year-over-year (Q4 2022).

What is HMN Financial’s revenue growth rate?

HMN Financial's revenue growth rate for the last 3 years (2021-2023) was -2.24%, and for the last 5 years (2019-2023) was 17.49%.

What are HMN Financial’s revenue streams?

HMN Financial's revenue streams in c 23 are Bank Servicing, Debit Card, Deposit Account, Other Fees and Service Charges, Product and Service, Other, and Uninsured Investment Product Sales. Bank Servicing generated $1.58M in revenue, accounting 23.21% of the company's total revenue, down -0.94% year-over-year. Debit Card generated $1.72M in revenue, accounting 25.42% of the company's total revenue, up 0.82% year-over-year. Deposit Account generated $1.1M in revenue, accounting 16.19% of the company's total revenue, up 0.37% year-over-year. Other Fees and Service Charges generated $528K in revenue, accounting 7.78% of the company's total revenue, up 26.92% year-over-year. Product and Service, Other generated $355K in revenue, accounting 5.23% of the company's total revenue, up 24.13% year-over-year. Uninsured Investment Product Sales generated $1.5M in revenue, accounting 22.17% of the company's total revenue, up 7.81% year-over-year.

What is HMN Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of HMN Financial was Debit Card. This segment made a revenue of $1.72M, representing 25.42% of the company's total revenue.