HMN Financial (HMNF) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $43.48M | 5.67% |
| 2022-12-31 | $41.14M | -7.48% |
| 2021-12-31 | $44.47M | 0.93% |
| 2020-12-31 | $44.06M | 19.07% |
| 2019-12-31 | $37.01M | 3.19% |
| 2018-12-31 | $35.86M | 6.70% |
| 2017-12-31 | $33.61M | -2.73% |
| 2016-12-31 | $34.55M | 27.54% |
| 2015-12-31 | $27.09M | -2.83% |
| 2014-12-31 | $27.88M | 0.16% |
| 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 | $41.98M | 3.23% |
| 2008-12-31 | $40.67M | -12.15% |
| 2007-12-31 | $46.29M | 2.59% |
| 2006-12-31 | $45.13M | 6.74% |
| 2005-12-31 | $42.28M | 15.55% |
| 2004-12-31 | $36.59M | 4.83% |
| 2003-12-31 | $34.90M | 27.17% |
| 2002-12-31 | $27.45M | 11.54% |
| 2001-12-31 | $24.61M | 5.89% |
| 2000-12-31 | $23.24M | 3.28% |
| 1999-12-31 | $22.50M | 15.38% |
| 1998-12-31 | $19.50M | 7.73% |
| 1997-12-31 | $18.10M | 2.84% |
| 1996-12-31 | $17.60M | 4.76% |
| 1995-12-31 | $16.80M | 13.51% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $14.79M | 6.36% |
| 2024-03-31 | $13.91M | 20.50% |
| 2023-12-31 | $11.54M | 0.11% |
| 2023-09-30 | $11.53M | 18.81% |
| 2023-06-30 | $9.70M | -2.89% |
| 2023-03-31 | $9.99M | -8.00% |
| 2022-12-31 | $10.86M | 4.98% |
| 2022-09-30 | $10.35M | 0.62% |
| 2022-06-30 | $10.28M | 6.46% |
| 2022-03-31 | $9.66M | -5.90% |
| 2021-12-31 | $10.26M | -7.48% |
| 2021-09-30 | $11.09M | -10.74% |
| 2021-06-30 | $12.43M | 16.23% |
| 2021-03-31 | $10.69M | -12.50% |
| 2020-12-31 | $12.22M | 4.53% |
| 2020-09-30 | $11.69M | 8.92% |
| 2020-06-30 | $10.73M | 13.89% |
| 2020-03-31 | $9.42M | -0.42% |
| 2019-12-31 | $9.46M | 1.55% |
| 2019-09-30 | $9.32M | -1.81% |
| 2019-06-30 | $9.49M | 8.68% |
| 2019-03-31 | $8.73M | -3.98% |
| 2018-12-31 | $9.10M | -2.40% |
| 2018-09-30 | $9.32M | 3.73% |
| 2018-06-30 | $8.98M | 6.14% |
| 2018-03-31 | $8.46M | 2.09% |
| 2017-12-31 | $8.29M | -5.09% |
| 2017-09-30 | $8.74M | 3.45% |
| 2017-06-30 | $8.45M | 3.75% |
| 2017-03-31 | $8.14M | -5.89% |
| 2016-12-31 | $8.65M | -0.68% |
| 2016-09-30 | $8.71M | -2.61% |
| 2016-06-30 | $8.94M | 8.31% |
| 2016-03-31 | $8.26M | 8.91% |
| 2015-12-31 | $7.58M | 12.01% |
| 2015-09-30 | $6.77M | 4.41% |
| 2015-06-30 | $6.48M | 3.43% |
| 2015-03-31 | $6.27M | -3.67% |
| 2014-12-31 | $6.50M | -8.46% |
| 2014-09-30 | $7.11M | -5.96% |
| 2014-06-30 | $7.56M | 12.56% |
| 2014-03-31 | $6.71M | 1.45% |
| 2013-12-31 | $6.62M | -10.94% |
| 2013-09-30 | $7.43M | 6.68% |
| 2013-06-30 | $6.96M | 2.07% |
| 2013-03-31 | $6.82M | -11.58% |
| 2012-12-31 | $7.72M | -3.62% |
| 2012-09-30 | $8.01M | 2.13% |
| 2012-06-30 | $7.84M | -6.29% |
| 2012-03-31 | $8.37M | -5.49% |
| 2011-12-31 | $8.85M | 2.91% |
| 2011-09-30 | $8.60M | 0.17% |
| 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 | $9.77M | 2.46% |
| 2010-03-31 | $9.54M | -5.82% |
| 2009-12-31 | $10.12M | -3.33% |
| 2009-09-30 | $10.47M | -1.96% |
| 2009-06-30 | $10.68M | 13.32% |
| 2009-03-31 | $9.43M | -5.89% |
| 2008-12-31 | $10.02M | -4.80% |
| 2008-09-30 | $10.52M | 5.94% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee 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.