HMN Financial, Inc. Announces First Quarter Results

Written by Customer Service on . Posted in Public Companies.

First Quarter HighlightsNet income of $1.4 million, down $0.2 million, from net income of $1.6 million for first quarter of 2019Diluted earnings per share of $0.30, down $0.05, from $0.35 for first quarter of 2019Gain on sales of loans of $1.1 million, up $0.7 million, from $0.4 million for first quarter of 2019Net interest margin of 3.76%, down 35 basis points, from 4.11% for first quarter of 2019Provision for loan losses of $0.5 million, up $0.5 million, from first quarter of 2019

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