Home Bancorp (NASDAQ:HBCP) Releases Earnings Results, Misses Expectations By $0.22 EPS

Home Bancorp (NASDAQ:HBCP) announced its quarterly earnings data on Monday. The bank reported $1.28 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.22), Zacks reports. Home Bancorp had a net margin of 21.05% and a return on equity of 10.01%. The business had revenue of $40.12 million during the quarter, compared to analyst estimates of $40.23 million.

Home Bancorp Trading Down 9.6%

NASDAQ HBCP opened at $59.47 on Wednesday. The firm has a market cap of $466.24 million, a P/E ratio of 11.60 and a beta of 0.52. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.97 and a quick ratio of 0.97. The stock’s 50-day moving average is $68.27 and its 200-day moving average is $67.09. Home Bancorp has a one year low of $52.06 and a one year high of $74.50.

Home Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Monday, November 2nd will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, November 2nd. Home Bancorp’s dividend payout ratio is 21.40%.

Insider Buying and Selling at Home Bancorp

In related news, EVP John Zollinger, IV sold 750 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $71.68, for a total value of $53,760.00. Following the completion of the transaction, the executive vice president directly owned 7,643 shares in the company, valued at approximately $547,850.24. The trade was a 8.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.20% of the stock is owned by company insiders.

Trending Headlines about Home Bancorp

Here are the key news stories impacting Home Bancorp this week:

• Positive Sentiment: Net interest income reached a quarterly record of $35.9 million, while revenue of approximately $40.1 million was broadly in line with estimates. Management also outlined a $440 million loan pipeline, which could support future growth. Home Bancorp: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: The board declared a quarterly dividend of $0.32 per share, equivalent to $1.28 annually and a yield of roughly 2.1%. The dividend is payable November 13 to shareholders of record November 2. Home Bancorp Announces Third-Quarter Results and Dividend
• Neutral Sentiment: CEO John W. Bordelon plans to retire on January 8, 2027, with President and Chief Risk Officer Darren E. Guidry expected to succeed him. The orderly transition may limit disruption, but investors could remain cautious until the new leadership’s strategy becomes clearer. Home Bancorp Announces CEO Retirement and Leadership Transition
• Negative Sentiment: Third-quarter diluted EPS was $1.28, below the approximately $1.50 analyst consensus and down from $1.59 a year earlier. Net income declined to $10.1 million from $11.6 million in the prior quarter, despite revenue being near expectations. Home Bancorp Q3 Earnings and Revenues Lag Estimates
• Negative Sentiment: Credit metrics deteriorated: nonperforming assets increased to $53.7 million, or 1.49% of total assets, from $39.2 million, and the provision for loan losses rose to $1.0 million. The net interest margin also narrowed to 4.19% from 4.24%, while loans and deposits both edged lower. Home Bancorp Outlines Loan Pipeline and CEO Transition

Wall Street Analyst Weigh In

A number of research firms have commented on HBCP. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of Home Bancorp in a report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and issued a $74.00 price target on shares of Home Bancorp in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.50.

About Home Bancorp

Home Bancorp, Inc is the holding company for Home Bank, a community-focused bank headquartered in Lafayette Hill, Pennsylvania. The company serves individuals, families, professionals and businesses through a network of banking offices in southeastern Pennsylvania and surrounding communities.

Home Bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts. Its lending activities include residential mortgage loans, home equity financing, commercial real estate loans, construction and development financing, commercial business loans and consumer loans.

Through its community banking model, Home Bancorp focuses on relationship-based service and local decision-making.