HMN Financial, Inc. Announces Second Quarter Results

Second Quarter Summary Net income of $1.0 million, down$0.4 million, from $1.4 million for second quarter of 2023Diluted earnings per share of$0.22, down $0.10, from$0.32 for second quarter of 2023Net interest income of $7.5 million, down$0.2 million, from $7.7 million for second quarter of 2023Gain on sales of loans of$0.6 million, up $0.3 million, from$0.3 million for second quarter of 2023Net interest margin of 2.70%, down 20 basis points, from 2.90% for second quarter of 2023Goodwill impairment of ...