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
Day's Change
0.10 (0.75%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

UPDATE: AMC shares soar 17% after company shortens "theatrical window" in deal with Universal Pictures

8:09 pm ET July 28, 2020 (MarketWatch)

Shares of AMC Entertainment Holdings Inc. (AMC) soared 17% in the extended session Tuesday after it and Universal Filmed Entertainment Group , a division of Comcast Corp. (CMCSA), announced a multi-year agreement in which Universal movies will be shown at AMC Theatres for 2 1/2 weeks before they go online. Under the deal, the so-called "theatrical window" will be shortened to 17 days from the current 75. For consumers, that means instead of waiting 2 1/2 months to watch a new movie at home, they will be able to see at least some titles just 2 1/2 weeks after they premiere in theaters. The deal settles a dispute between the companies over how soon new films should be allowed to appear on digital platforms. AMC shares are down 43% in 2020; the broader S&P 500 index is down 0.4% this year.

-Jon Swartz; 415-439-6400;

(END) Dow Jones Newswires

July 28, 2020 20:09 ET (00:09 GMT)

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