HMN Financial Inc
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Financials : Thrifts & Mortgage Finance | Small Cap Value
Company profile

HMN Financial, Inc. (HMN) is a stock savings bank holding company that owns Home Federal Savings Bank (the Bank). The Bank operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. The Bank has two subsidiaries, Osterud Insurance Agency, Inc., which offers financial planning products and services, and HFSB Property Holdings, LLC, which acts as an intermediary for the Bank in holding and operating certain foreclosed properties. HMN's business involves attracting deposits from the general public and businesses and using such deposits to originate or purchase one- to four-family residential, commercial real estate and multi-family mortgage loans, among others. HMN invests in mortgage-backed and related securities, the United States government agency obligations and other permissible investments. HMN serves the southern Minnesota counties of Dodge, Fillmore, Freeborn, Houston, Mower, Olmsted and Winona, and portions of Steele, Goodhue and Wabasha.

Closing Price
$13.40
Day's Change
0.10 (0.75%)
Bid
--
Ask
--
B/A Size
--
Day's High
13.40
Day's Low
13.40
Volume
(Heavy Day)
Volume:
2,276

10-day average volume:
2,733
2,276

UPDATE: Airline stocks soar on signs of travel resumption, recovery hopes

12:12 pm ET May 26, 2020 (MarketWatch)
Print

Shares of airline companies surged in premarket trading Tuesday, amid growing optimism that air travel will resume shortly. The U.S. Global Jets ETF (JETS) shot up 8.0%, outpacing the gain in futures for the S&P 500 , which rose 1.9%. Among the more active airline stocks ahead of the open, shares of United Airlines Holdings Inc. (UAL) ran up 7.4%, American Airlines Group Inc. (AAL) jumped 7.1%, Delta Air Lines Inc. (DAL) climbed 7.1%, Southwest Airlines Co. (LUV) rallied 7.1%, JetBlue Airways (JBLU) gained 5.6% and Spirit Airlines Inc. (SAVE) hiked up 7.3%. The rally in travel stocks started in Europe, after a report that Germany-based travel operator TUI said it plans to resume flights (http://www.marketwatch.com/story/travel-companies-lead-european-stocks-higher-as-spain-to-allow-foreign-visitors-2020-05-26) at the end of July, and after Spain said it will lift the mandatory two-week quarantine (http://www.marketwatch.com/story/spain-to-lift-required-two-week-quarantine-for-foreign-travelers-on-july-1-2020-05-25) for travelers arriving from overseas starting July 1. The optimism also comes after upbeat travelers data (http://www.marketwatch.com/story/airport-travelers-jump-to-2-month-high-but-airline-stocks-fall-2020-05-22) out of the U.S. ahead of the weekend, and as U.S. airlines started detailing safety plans (http://www.marketwatch.com/story/in-effort-to-restore-confidence-united-airlines-unveils-coronavirus-safety-guide-after-backlash-for-flying-a-packed-flight-2020-05-20) to resume more flights and lure travelers.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 26, 2020 12:12 ET (16:12 GMT)

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