When a company such as HMN Financial splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the HMNF split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HMN Financial shares, starting with a $10,000 purchase of HMNF, presented on a split-history-adjusted basis factoring in the complete HMNF split history.

About HMN Financial

HMN Financial is a stock savings bank holding company. Through its subsidiaries, Co.'s business involves accepting deposits from the general public and businesses and using such deposits to originate or purchase single family residential, commercial real estate and multi-family mortgage loans as well as consumer, construction and commercial business loans. Co. also invests in mortgage-backed and related securities, U.S. government agency obligations and other permissible investments. Co.'s subsidiary, Home Federal Savings Bank, provides a variety of deposit accounts, including: savings, interest bearing checking, non-interest bearing checking, money market and certificate accounts. According to our HMNF split history records, HMN Financial has had 1 split.

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