This company has been acquired
HMN Financial Management
Management criteria checks 4/4
HMN Financial's CEO is Brad Krehbiel, appointed in Apr 2010, has a tenure of 14.5 years. total yearly compensation is $498.02K, comprised of 78.7% salary and 21.3% bonuses, including company stock and options. directly owns 4.16% of the company’s shares, worth $5.07M. The average tenure of the management team and the board of directors is 14.7 years and 5.5 years respectively.
Key information
Brad Krehbiel
Chief executive officer
US$498.0k
Total compensation
| CEO salary percentage | 78.71% |
| CEO tenure | 14.5yrs |
| CEO ownership | 4.2% |
| Management average tenure | 14.7yrs |
| Board average tenure | 5.5yrs |
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 18Recent updates
HMN Financial (NASDAQ:HMNF) Is Increasing Its Dividend To $0.10
Apr 28HMN Financial (NASDAQ:HMNF) Is Paying Out A Dividend Of $0.06
Feb 01HMN Financial GAAP EPS of $0.52, revenue of $10.29M
Jul 22Here's Why HMN Financial, Inc.'s (NASDAQ:HMNF) CEO Compensation Is The Least Of Shareholders' Concerns
Apr 21This Insider Has Just Sold Shares In HMN Financial, Inc. (NASDAQ:HMNF)
Mar 18Introducing HMN Financial (NASDAQ:HMNF), A Stock That Climbed 80% In The Last Five Years
Feb 27Are Insiders Buying HMN Financial, Inc. (NASDAQ:HMNF) Stock?
Jan 22
A Look At HMN Financial's (NASDAQ:HMNF) CEO Remuneration
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$5m |
| 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 ($USD679.79K).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
CEO
Brad Krehbiel (65 yo)
14.5yrs
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 |
|---|---|---|---|---|
| President | 14.5yrs | US$498.02k | 4.16% $ 5.1m | |
| Senior VP | 21yrs | US$356.06k | 1.58% $ 1.9m | |
| Executive VP & COO of Home Federal Savings Bank | 14.7yrs | US$350.65k | 1.94% $ 2.4m | |
| Corporate Secretary | no data | no data | no data |
14.7yrs
Average Tenure
60yo
Average Age
Experienced Management: HMNF's management team is seasoned and experienced (14.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.9yrs | US$498.02k | 4.16% $ 5.1m | |
| Independent Director | 2.5yrs | US$37.04k | 0.14% $ 172.7k | |
| Independent Director | 3.5yrs | US$31.34k | 0.069% $ 84.1k | |
| Independent Director | 12.4yrs | US$29.18k | 0.22% $ 268.9k | |
| Independent Chairman of the Board | 11.5yrs | US$53.28k | 0.20% $ 248.2k | |
| Independent Director | 8.5yrs | US$27.28k | 0.26% $ 321.9k | |
| Independent Director | 5.5yrs | US$25.93k | 0.12% $ 151.4k | |
| Independent Director | 1.5yrs | US$26.96k | 0.040% $ 48.7k | |
| Independent Director | 1.5yrs | US$24.81k | 0.034% $ 40.9k |
5.5yrs
Average Tenure
65yo
Average Age
Experienced Board: HMNF's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/11 19:38 |
| End of Day Share Price | 2024/10/09 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HMN Financial, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jason Werner | Howe Barnes Hoefer & Arnett, Inc. |