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HMN Financial Q3 Profit Drops

HMN Financial Inc. (HMNF) said its third-quarter attributable profit declined to $820 thousand from $1.178 million in the previous year. Earnings per share were $0.18, compared to $0.25 last year.

Net interest income after provision for loan losses dropped to $5.05 million from $5.82 million. Provision for loan losses were $56 thousand, compared to $989 thousand last year.

Meanwhile, total interest income grew to $5.39 million from $5.13 million.

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