Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Announces Quarterly Earnings Results

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) issued its earnings results on Thursday. The bank reported $0.46 earnings per share for the quarter, Zacks reports. The business had revenue of $6.51 million for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 10.75% and a net margin of 17.56%.

Home Federal Bancorp, Inc. of Louisiana Stock Performance

NASDAQ:HFBL traded up $0.35 during trading hours on Friday, reaching $23.34. 672 shares of the stock were exchanged, compared to its average volume of 3,819. The stock has a market capitalization of $71.19 million, a P/E ratio of 11.67 and a beta of 0.38. The firm has a 50 day simple moving average of $20.98 and a 200-day simple moving average of $19.38. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.10. Home Federal Bancorp, Inc. of Louisiana has a 52 week low of $12.83 and a 52 week high of $24.00.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Monday, July 27th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, July 27th. This is an increase from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 2.6%. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is currently 31.25%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.