HMN Financial Management

Management criteria checks 4/4

HMN Financial's CEO is Brad Krehbiel, appointed in Apr 2010, has a tenure of 14.42 years. total yearly compensation is $498.02K, comprised of 78.7% salary and 21.3% bonuses, including company stock and options. directly owns 3.63% of the company’s shares, worth $3.10M. The average tenure of the management team and the board of directors is 14.2 years and 5 years respectively.

Key information

Brad Krehbiel

Chief executive officer

US$498.0k

Total compensation

CEO salary percentage	78.7%
CEO tenure	14yrs
CEO ownership	3.6%
Management average tenure	14.2yrs
Board average tenure	5yrs

Recent management updates

Here's Why HMN Financial, Inc.'s (NASDAQ:HMNF) CEO Compensation Is The Least Of Shareholders' Concerns

Apr 21

This Insider Has Just Sold Shares In HMN Financial, Inc. (NASDAQ:HMNF)

Mar 18

Recent updates

HMN Financial (NASDAQ:HMNF) Is Paying Out A Dividend Of $0.06

Feb 01

HMN Financial GAAP EPS of $0.52, revenue of $10.29M

Jul 22

Here's Why HMN Financial, Inc.'s (NASDAQ:HMNF) CEO Compensation Is The Least Of Shareholders' Concerns

Apr 21

This Insider Has Just Sold Shares In HMN Financial, Inc. (NASDAQ:HMNF)

Mar 18

Introducing HMN Financial (NASDAQ:HMNF), A Stock That Climbed 80% In The Last Five Years

Feb 27

Are Insiders Buying HMN Financial, Inc. (NASDAQ:HMNF) Stock?

Jan 22

A Look At HMN Financial's (NASDAQ:HMNF) CEO Remuneration

Dec 01

CEO Compensation Analysis

How has Brad Krehbiel's remuneration changed compared to HMN Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$6m
Dec 31 2023	US$498k	US$392k	US$6m
Sep 30 2023	n/a	n/a	US$7m
Jun 30 2023	n/a	n/a	US$7m
Mar 31 2023	n/a	n/a	US$8m
Dec 31 2022	US$517k	US$357k	US$8m
Sep 30 2022	n/a	n/a	US$8m
Jun 30 2022	n/a	n/a	US$9m
Mar 31 2022	n/a	n/a	US$12m
Dec 31 2021	US$521k	US$346k	US$14m
Sep 30 2021	n/a	n/a	US$15m
Jun 30 2021	n/a	n/a	US$14m
Mar 31 2021	n/a	n/a	US$12m
Dec 31 2020	US$512k	US$339k	US$10m
Sep 30 2020	n/a	n/a	US$8m
Jun 30 2020	n/a	n/a	US$7m
Mar 31 2020	n/a	n/a	US$8m
Dec 31 2019	US$468k	US$333k	US$8m
Sep 30 2019	n/a	n/a	US$9m
Jun 30 2019	n/a	n/a	US$10m
Mar 31 2019	n/a	n/a	US$8m
Dec 31 2018	US$449k	US$323k	US$8m
Sep 30 2018	n/a	n/a	US$6m
Jun 30 2018	n/a	n/a	US$5m
Mar 31 2018	n/a	n/a	US$5m
Dec 31 2017	US$425k	US$315k	US$4m

Compensation vs Market: Brad's total compensation ($USD498.02K) is about average for companies of similar size in the US market ($USD667.11K).

Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.

CEO

Brad Krehbiel (64 yo)

14yrs

Tenure

US$498,021

Compensation

Mr. Bradley C. Krehbiel, also known as Brad, has been the Chief Executive Officer at HMN Financial, Inc. since April 2012 and has been its President since April 2010. Mr. Krehbiel has been President of Hom...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bradley Krehbiel	President	14yrs	US$498.02k	3.63% $ 3.1m
Jon Eberle	Senior VP	20.5yrs	US$356.06k	1.54% $ 1.3m
Lawrence McGraw	Executive VP & COO of Home Federal Savings Bank	14.2yrs	US$350.65k	1.69% $ 1.4m
Cindy Hamlin	Corporate Secretary	no data	no data	no data

14.2yrs

Average Tenure

59yo

Average Age

Experienced Management: HMNF's management team is seasoned and experienced (14.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bradley Krehbiel	President	14.4yrs	US$498.02k	3.63% $ 3.1m
Jeffrey Bolton	Independent Director	2yrs	US$37.04k	0.11% $ 89.7k
Barbara Butts Williams	Independent Director	3yrs	US$31.34k	0.057% $ 48.3k
Mark Utz	Independent Director	11.9yrs	US$29.18k	0.20% $ 170.4k
Wendy Shannon	Independent Chairman of the Board	11yrs	US$53.28k	0.19% $ 162.6k
Hans Zietlow	Independent Director	8yrs	US$27.28k	0.24% $ 204.4k
Sequoya Borgman	Independent Director	5yrs	US$25.93k	0.10% $ 86.3k
David Oeth	Independent Director	less than a year	US$26.96k	0.018% $ 15.7k
Pamela Bishop	Independent Director	less than a year	US$24.81k	0.016% $ 13.3k

5.0yrs

Average Tenure

64yo

Average Age

Experienced Board: HMNF's board of directors are considered experienced (5 years average tenure).

HMN Financial Management

Management criteria checks 4/4

Key information

Recent management updates

HMN Financial, Inc., Annual General Meeting, Apr 23, 2024

HMN Financial, Inc., Annual General Meeting, Apr 25, 2023

HMN Financial, Inc. Elects Jeffrey W. Bolton as Board Member

Here's Why HMN Financial, Inc.'s (NASDAQ:HMNF) CEO Compensation Is The Least Of Shareholders' Concerns

This Insider Has Just Sold Shares In HMN Financial, Inc. (NASDAQ:HMNF)

Senior VP recently sold US$53k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.38 in 1Q 2023)

HMN Financial, Inc., Annual General Meeting, Apr 23, 2024

Full year 2023 earnings released: EPS: US$1.38 (vs US$1.85 in FY 2022)

Upcoming dividend of US$0.08 per share at 1.4% yield

Fourth quarter dividend of US$0.08 announced

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$1.38 (vs US$1.85 in FY 2022)

Upcoming dividend of US$0.08 per share at 1.7% yield

HMN Financial, Inc. Declares Quarterly Dividend, Payable on December 7, 2023

Third quarter 2023 earnings released: EPS: US$0.34 (vs US$0.42 in 3Q 2022)

Upcoming dividend of US$0.08 per share at 1.5% yield

HMN Financial, Inc. Declares Quarterly Dividend, Payable on September 7, 2023

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$0.33 (vs US$0.53 in 2Q 2022)

Upcoming dividend of US$0.08 per share at 1.3% yield

Full year 2022 earnings released

Upcoming dividend of US$0.06 per share at 1.1% yield

HMN Financial (NASDAQ:HMNF) Is Paying Out A Dividend Of $0.06

HMN Financial, Inc. Declares Quarterly Dividend, Payable on March 8, 2023

Full year 2022 earnings released: EPS: US$1.85 (vs US$3.03 in FY 2021)

HMN Financial, Inc., Annual General Meeting, Apr 25, 2023

Upcoming dividend of US$0.06 per share

HMN Financial, Inc. Announces Dividend, Payable on December 6, 2022

Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.82 in 3Q 2021)

Upcoming dividend of US$0.06 per share

HMN Financial, Inc. Declares a Quarterly Dividend, Payable on September 7, 2022

Second quarter 2022 earnings released: EPS: US$0.52 (vs US$1.01 in 2Q 2021)

HMN Financial GAAP EPS of $0.52, revenue of $10.29M

HMN Financial, Inc. Elects Jeffrey W. Bolton as Board Member

Upcoming dividend of US$0.06 per share

First quarter 2022 earnings released: EPS: US$0.34 (vs US$0.75 in 1Q 2021)

HMN Financial, Inc. Declares Quarterly Dividend, Payable on June 7, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Inaugural dividend of US$0.06 per share

HMN Financial, Inc. Declares Quarterly Dividend on Common Stock, Payable on March 9, 2022

Third quarter 2021 earnings released: EPS US$0.82 (vs US$0.67 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$1.01 (vs US$0.58 in 2Q 2020)

HMN Financial, Inc.(NasdaqGM:HMNF) dropped from Russell Microcap Growth Index

Independent Director has left the company

Here's Why HMN Financial, Inc.'s (NASDAQ:HMNF) CEO Compensation Is The Least Of Shareholders' Concerns

First quarter 2021 earnings released: EPS US$0.75 (vs US$0.30 in 1Q 2020)

This Insider Has Just Sold Shares In HMN Financial, Inc. (NASDAQ:HMNF)

Senior VP recently sold US$53k worth of stock

Full year 2020 earnings released

Introducing HMN Financial (NASDAQ:HMNF), A Stock That Climbed 80% In The Last Five Years

New 90-day high: US$20.11

New 90-day high: US$18.71

Full year 2020 earnings released: EPS US$2.23 (vs US$1.69 in FY 2019)

HMN Financial, Inc., Annual General Meeting, Apr 27, 2021

Are Insiders Buying HMN Financial, Inc. (NASDAQ:HMNF) Stock?

New 90-day high: US$17.73

New 90-day high: US$17.44

A Look At HMN Financial's (NASDAQ:HMNF) CEO Remuneration

New 90-day high: US$14.64

Third quarter earnings released

HMN Financial, Inc. to Report Q3, 2020 Results on Oct 19, 2020

New 90-day low: US$13.25

New 90-day low: US$13.26

New 90-day low - US$13.52

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age