HMN Financial, Inc. Financial Ratios — HMNF Stock

Profitability (USD)

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Return on Common Equity (%)	-13.61	-43.29	-27.02	7.67	41.21	7.55	3.59	7.58	4.93	8.61	7.51	9.13	10.88	5.96	4.28
Return on Assets (%)	-0.99	-3.02	-1.38	0.74	4.1	1.2	0.48	0.96	0.63	1.15	1.05	1.22	1.37	0.74	0.55
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	5.7	5.59	5.61	5.71	5.29	3.92	4.71	4.54	4.78	4.82	5.43	5.71	5.13	5.2	5
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-39.07	-61.04	-35.45	17.08	44.06	44.05	16.68	30.84	26.26	31.02	30.04	32.52	42.56	27.39	21.91
Profit Margin (%)	-25.71	-78.07	-35.45	16.66	95.81	26.47	10.8	18.7	13.13	22.97	21.06	23.31	30.5	19.55	15.38
Net Income to Common Margin (%)	-29.87	-82.88	-41.04	10.83	88.38	20.33	10.4	18.7	13.13	22.97	21.06	23.31	30.5	19.55	15.38
Effective Tax Rate (%)	- -	- -	- -	2.42	- -	39.92	35.27	39.36	49.99	25.96	29.9	28.31	28.34	28.62	29.79
Dvd Payout Ratio (%)	4.66	1.57	13.61	-53.79	-8.41	75.04	4.11	- -	- -	- -	- -	- -	- -	13.04	21.75
Sustainable Growth Rate (%)	-12.97	-42.6	-23.34	11.8	44.67	1.88	3.45	7.58	4.93	8.61	7.51	9.13	10.88	5.18	3.35

Credit (USD)

API ChatGPT

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Total Debt	132	122	70	70	- -	- -	9	7	- -	- -	- -	- -	- -	- -	13
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	132	122	70	70	- -	- -	9	7	- -	- -	- -	- -	- -	- -	13
Total Debt/EBITDA	55.37	59.04	38.29	38.4	- -	- -	6.98	4.54	- -	- -	- -	- -	- -	- -	6.76
Net Debt/EBITDA	48.51	48.92	1.18	-7.49	-81.99	-42.67	-23.88	-13.33	-23.43	-11.98	-22.11	-34.17	-41.24	-16.96	1.05
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.32	6.35	5.45	7.21	11.15	13.49	12.54	12.75	12.67	14.02	13.84	12.97	12.3	12.63	12.86
Long-Term Debt/Equity (%)	132.58	176.14	122.68	115.07	- -	- -	12.92	9.22	- -	- -	- -	- -	- -	- -	12.26
Long-Term Debt/Capital (%)	54.64	60.44	50.78	49.15	- -	- -	10.04	7.45	- -	- -	- -	- -	- -	- -	8.48
Long-Term Debt/Total Assets (%)	12.79	13.91	8.86	10.71	- -	- -	1.4	1.03	- -	- -	- -	- -	- -	- -	1.19
Total Debt/Equity (%)	132.58	176.14	122.68	115.07	- -	- -	12.92	9.22	- -	- -	- -	- -	- -	- -	12.26
Total Debt/Capital (%)	54.64	60.44	50.78	49.15	- -	- -	10.04	7.45	- -	- -	- -	- -	- -	- -	8.48
Total Debt/Total Assets (%)	12.79	13.91	8.86	10.71	- -	- -	1.4	1.03	- -	- -	- -	- -	- -	- -	1.19
Net Debt to Equity	116.15	145.97	3.79	-22.45	-140.86	-61.35	-44.2	-27.08	-46.48	-24.91	-47.92	-83.55	-85.56	-37.25	1.9
Net Debt/Capital (%)	51.35	55.87	3.09	-23.24	539.16	-113.02	-61.76	-30.96	-69.6	-26.17	-70.21	-272.39	-251.98	-35.46	1.42
EBITDA	2	2	2	2	1	1	1	2	2	2	2	3	2	2	2
EBITDA-CapEx	2	2	2	2	1	- -	- -	- -	1	-1	- -	2	-6	2	1
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.32	6.35	5.45	7.21	11.15	13.49	12.54	12.75	12.67	14.02	13.84	12.97	12.3	12.63	12.86
Long-Term Debt/Equity (%)	132.58	176.14	122.68	115.07	- -	- -	12.92	9.22	- -	- -	- -	- -	- -	- -	12.26
Long-Term Debt/Capital (%)	54.64	60.44	50.78	49.15	- -	- -	10.04	7.45	- -	- -	- -	- -	- -	- -	8.48
Long-Term Debt/Total Assets (%)	12.79	13.91	8.86	10.71	- -	- -	1.4	1.03	- -	- -	- -	- -	- -	- -	1.19
Total Debt/Equity (%)	132.58	176.14	122.68	115.07	- -	- -	12.92	9.22	- -	- -	- -	- -	- -	- -	12.26
Total Debt/Capital (%)	54.64	60.44	50.78	49.15	- -	- -	10.04	7.45	- -	- -	- -	- -	- -	- -	8.48
Total Debt/Total Assets (%)	12.79	13.91	8.86	10.71	- -	- -	1.4	1.03	- -	- -	- -	- -	- -	- -	1.19
CFO/Total Liabilities	1.65	3.15	2.37	2.84	3.37	3.46	1.89	4.21	2.66	2.83	2.22	2.1	2.53	3.13	1.37
CFO/CapEx	27.68	87.52	86.27	57.07	44.69	20.48	13.47	15.88	16.86	7.13	6.81	23.08	2.92	91.55	19.81
Altman's Z-Score	0.17	0.14	0.12	0.16	0.24	0.3	0.27	0.3	0.3	0.33	0.32	0.29	0.28	0.27	0.28

Working Capital (USD)

API ChatGPT

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Accounts Receivable Turnover	8.75	10.12	11.32	14.3	14.02	15.21	13.8	13.92	13.5	15.26	16.07	16.51	16.99	16.02	11.91
Days Sales Outstanding	41.69	36.07	32.25	25.53	26.03	24	26.44	26.23	27.05	23.92	22.72	22.11	21.48	22.78	30.65
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Market Capitalization	15	10	7	13	41	48	46	70	78	82	93	77	106	90	99
- Cash & Cash Equivalents	16	21	68	84	121	47	40	28	38	21	44	86	94	36	11
+ Preferred Equity and Hybrid Capital	24	24	25	25	26	10	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	132	122	70	70	- -	- -	9	7	- -	- -	- -	- -	- -	- -	13
Enterprise Value	155	136	-92	-61	-162	-126	-97	-29	-37	-18	-59	-158	-274	-192	-114
Total Capital	242	203	138	142	98	88	90	94	92	100	108	118	132	138	156
Total Debt/Capital (%)	54.64	60.44	50.78	49.15	- -	- -	10.04	7.45	- -	- -	- -	- -	- -	- -	8.48
Total Debt / EV	0.86	0.9	-0.76	-1.15	- -	- -	-0.09	-0.24	- -	- -	- -	- -	- -	- -	-0.12
EV/Sales	3.69	3.66	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	64.69	65.54	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	10.02	5.32	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	9.67	5.26	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	15	10	7	13	44	55	52	80	90	90	94	77	107	91	100
Diluted Enterprise Value	155	136	34	25	-51	18	21	59	52	70	49	-9	13	55	102
EV per Share	41.88	36.1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	42	37	33	32	28	28	27	34	34	36	37	44	44	41	39
TTM EBITDA	2	2	2	2	1	1	1	2	2	2	2	3	2	2	2
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	15	26	17	17	19	17	11	26	17	18	15	17	24	31	14
TTM Free Cash Flow to Firm	16	26	18	17	19	18	12	27	18	20	17	18	33	32	14

Multiples (USD)

API ChatGPT

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2009	12/31/2010	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Price/Free Cash Flow	0.93	0.39	0.41	0.78	2.26	3.03	4.47	2.94	4.98	4.45	5.38	4.35	3.28	2.88	6.93
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	155	136	-92	-61	-162	-126	-97	-29	-37	-18	-59	-158	-274	-192	-114
Low Price	1.52	2.47	1.5	1.61	2.99	8.94	10.18	10.81	16.6	18.05	19.01	13.06	17.23	20.95	17.31
EV/Sales	3.69	3.66	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	64.69	65.54	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	3.8	1.66	8.53	16.12	11.09	17.68	9.99	11.97	7.43	7.84	11.22	16.46
Price/Earnings Average	-1.16	-0.53	-0.66	3.06	1.12	8.08	16.55	8.51	16.68	10.06	12.02	6.98	6.89	12.27	14.03
Price/Earnings High	-2.02	-0.83	-0.93	4.32	1.79	9.96	18.72	12.2	18.7	11.59	13.81	9.76	8.45	14.04	18.08
Price/Earnings Low	-0.45	-0.3	-0.43	1.83	0.49	6.39	14.75	7.11	15.96	9.55	11.25	5.86	5.69	11.32	12.54
Price/Book Value	0.17	0.18	0.17	0.28	0.56	0.62	0.57	0.81	0.85	0.82	0.87	0.65	0.81	0.65	0.69
Price/Book Value Average	0.17	0.29	0.2	0.23	0.38	0.59	0.58	0.62	0.8	0.83	0.87	0.61	0.71	0.71	0.59
Price/Book Value High	0.29	0.46	0.29	0.32	0.61	0.73	0.66	0.89	0.9	0.96	1	0.85	0.87	0.82	0.76
Price/Book Value Low	0.07	0.17	0.13	0.13	0.17	0.46	0.52	0.52	0.77	0.79	0.81	0.51	0.59	0.66	0.53
Price/Tangible Book Value	0.2	0.23	0.23	0.39	0.7	0.75	0.68	0.96	1	1.03	1.04	0.77	1	0.96	0.95
Price/Tangible Book Value Average	0.2	0.37	0.29	0.31	0.48	0.71	0.7	0.74	0.94	1.03	1.05	0.72	0.88	1.05	0.81
Price/Tangible Book Value High	0.34	0.58	0.4	0.44	0.76	0.88	0.79	1.06	1.06	1.19	1.2	1.01	1.08	1.21	1.04
Price/Tangible Book Value Low	0.08	0.21	0.19	0.19	0.21	0.56	0.62	0.62	0.9	0.98	0.98	0.61	0.73	0.97	0.72
Price/Sales	0.36	0.28	0.22	0.41	1.46	1.73	1.68	2.07	2.32	2.3	2.52	1.73	2.39	2.19	2.53
Price/Sales Average	0.35	0.44	0.27	0.33	0.99	1.64	1.72	1.59	2.19	2.31	2.53	1.63	2.1	2.4	2.16
Price/Sales High	0.6	0.69	0.38	0.47	1.58	2.03	1.95	2.28	2.46	2.66	2.91	2.27	2.58	2.75	2.78
Price/Sales Low	0.13	0.25	0.18	0.2	0.43	1.3	1.53	1.33	2.1	2.19	2.37	1.37	1.73	2.21	1.93
Price/Cash Flow	0.97	0.4	0.41	0.78	2.14	2.79	4.24	2.76	4.57	4.62	6.14	4.52	4.37	2.88	7.22
Price/Cash Flow Average	0.95	0.63	0.51	0.63	1.45	2.64	4.36	2.12	4.31	4.65	6.16	4.25	3.84	3.15	6.16
Price/Cash Flow High	1.64	1	0.72	0.89	2.31	3.26	4.93	3.04	4.83	5.36	7.08	5.93	4.72	3.61	7.93
Price/Cash Flow Low	0.36	0.36	0.33	0.38	0.63	2.09	3.88	1.77	4.12	4.42	5.77	3.56	3.17	2.91	5.5
Price/Free Cash Flow Average	0.91	0.63	0.5	0.63	1.53	2.86	4.59	2.26	4.7	4.48	5.41	4.09	2.88	3.15	5.9
Price/Free Cash Flow High	1.58	0.99	0.71	0.89	2.44	3.53	5.19	3.24	5.27	5.16	6.21	5.71	3.54	3.61	7.61
Price/Free Cash Flow Low	0.35	0.36	0.33	0.38	0.66	2.27	4.09	1.89	4.5	4.26	5.06	3.43	2.38	2.91	5.28
EV/Sales Average	3.68	3.83	1.1	0.7	- -	0.33	0.6	0.99	1.07	1.73	1.33	- -	- -	1.52	2.21
EV/Sales High	3.93	4.08	1.21	0.83	- -	0.71	0.82	1.68	1.34	2.08	1.71	0.32	0.46	1.86	2.83
EV/Sales Low	3.47	3.64	1	0.56	- -	- -	0.41	0.72	0.98	1.62	1.17	- -	- -	1.33	1.98
EV/EBITDA Average	64.55	68.44	19.54	12.22	-45.58	8.37	12.69	21.7	22.38	35.95	24.54	-5.67	-0.31	29.2	44.21
EV/EBITDA High	69.03	72.93	21.53	14.6	-34.49	18.16	17.49	36.9	27.95	43.24	31.49	5.65	8.98	35.88	56.67
EV/EBITDA Low	60.8	65.1	17.9	9.88	-56.2	-0.4	8.72	15.94	20.42	33.53	21.54	-10.27	-7.45	25.65	39.64
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	4.04	2.71	1.86	3.34	10.18	11.94	11.12	16.85	18.39	18.89	20.23	16.56	23.75	20.75	22.72
High Price	6.85	6.78	3.22	3.8	10.98	13.95	12.92	18.55	19.45	21.9	23.34	21.76	25.61	25.98	24.95
Enterprise Value Average	154	142	36	22	-67	9	16	33	36	62	49	-14	-1	62	86
Enterprise Value High	165	151	39	27	-51	20	23	57	45	75	63	14	21	77	111
Enterprise Value Low	145	135	33	18	-83	- -	11	25	33	58	43	-26	-17	55	77

Shares Outstanding	4	4	4	4	4	4	4	4	4	5	5	5	5	4	4
Diluted Weighted Avg Shares	4	4	4	4	4	5	5	5	5	5	5	5	5	4	4
Basic Weighted Avg Shares	4	4	4	4	4	4	4	4	4	4	5	5	4	4	4
Revenue per Share	11.36	9.85	8.46	8.12	6.96	6.89	6.63	8.13	7.92	8.23	8.03	9.57	9.93	9.46	8.97
EBITDA per Share	0.65	0.55	0.47	0.46	0.37	0.27	0.31	0.37	0.38	0.4	0.44	0.55	0.51	0.49	0.45
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	-3.39	-8.17	-3.47	0.88	6.15	1.4	0.69	1.52	1.04	1.89	1.69	2.23	3.03	1.85	1.38
Basic EPS from Cont Ops	-2.92	-7.69	-3	1.35	6.67	1.82	0.72	1.52	1.04	1.89	1.69	2.23	3.03	1.85	1.38
Diluted EPS, GAAP	-3.39	-8.17	-3.47	0.86	5.71	1.23	0.61	1.34	0.9	1.72	1.68	2.22	3.01	1.83	1.37
Diluted EPS from Cont Ops	-2.92	-7.69	-3	1.32	6.19	1.6	0.63	1.34	0.9	1.72	1.68	2.22	3.01	1.83	1.37
Dividend per Share	0.31	0.35	- -	- -	- -	1.47	0.05	- -	- -	- -	- -	- -	- -	0.24	0.3
Cash Flow per Share	4.18	6.78	4.5	4.28	4.75	4.28	2.62	6.11	4.02	4.09	3.3	3.67	5.43	7.2	3.15
Free Cash Flow per Basic Share	4.03	6.71	4.45	4.21	4.64	4.07	2.43	5.72	3.79	3.51	2.81	3.51	3.57	7.12	2.99
Cash & Equivalents per Share	4.44	5.57	50.33	43.12	57.16	45.56	36.77	25.38	27.17	23.08	32.96	50.73	84.87	64.91	51.99
Book Value per Share	23.33	14.85	11.18	11.98	18.07	19.24	19.53	20.82	21.62	22.91	23.34	25.53	29.38	31.85	32.72
Tangible Book Value per Share	20.25	11.6	7.99	8.59	14.49	15.93	16.41	17.49	18.4	18.41	19.41	21.51	23.67	21.51	23.95

HMN Financial, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)