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Home Bancorp, Inc. - HBCP STOCK NEWS

Welcome to our dedicated page for Home Bancorp news (Ticker: HBCP), a resource for investors and traders seeking the latest updates and insights on Home Bancorp stock.

Home Bancorp, Inc. (Nasdaq: HBCP) is the parent company for Home Bank, N.A., a prominent national bank headquartered in Lafayette, Louisiana. Founded in 1908 as Home Building and Loan, Home Bank has earned a reputation as a stable financial institution dedicated to its customers. Offering a comprehensive range of deposit and loan products, Home Bank operates from 42 full-service banking locations across South Louisiana, Natchez, Mississippi, and Houston, Texas.

Home Bancorp, Inc., which became the holding company for Home Bank in October 2008 following a mutual to stock conversion, attracts deposits from the public and utilizes these funds to invest in a variety of loans and securities. The company’s primary operations include originating one-to-four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. Their main sources of funds include customer deposits, loan repayments, investment repayments, and borrowings from institutions like the Federal Home Loan Bank of Dallas.

Recent financial data indicates that Home Bancorp reported net income of $9.2 million for the first quarter of 2024, reflecting a slight decrease from the previous quarter. The company also observed loan growth, with total loans reaching $2.6 billion. Despite economic fluctuations, Home Bank has maintained strong credit quality and capital levels, with a tangible common equity ratio of 8.7% at the end of 2023.

Home Bancorp's strategic initiatives include leveraging customer relationships to retain deposits while navigating increased interest rates. Innovations in banking technology and commitment to customer service remain at the forefront of their operations. The company's investment securities portfolio, primarily pledged to secure public deposits, totaled $422.9 million as of March 31, 2024, demonstrating a proactive approach to liquidity management.

Under the leadership of John W. Bordelon, President and CEO, Home Bancorp continues to thrive, delivering consistent performance and robust financial results. The company's dedication to relationship banking has been pivotal in sustaining its growth and stability. As Home Bancorp looks to the future, its focus remains on expanding market share, enhancing customer experiences, and maintaining financial strength. For more detailed financial data and updates, investors are encouraged to visit Home Bancorp’s Investor Relations page.

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Home Bancorp, Inc. (Nasdaq: HBCP) announced its Q3 2024 results, reporting a net income of $9.4 million, or $1.18 per diluted share, up from $8.1 million, or $1.02 per share, in Q2 2024. The company's net interest margin increased to 3.71%, and deposits rose by $54.6 million to $2.8 billion. Loans also saw a slight increase to $2.7 billion. Nonperforming assets grew to $18.4 million, representing 0.53% of total assets. The allowance for loan losses was provisioned at $140,000, down from $1.3 million in the previous quarter. Net loan charge-offs decreased to $74,000 from $510,000. Investment securities holdings increased to $421.8 million, with a reduced net unrealized loss position of $32.2 million. Shareholders' equity rose to $393.5 million, and the company announced a 4% increase in its quarterly dividend to $0.26 per share, payable on November 8, 2024. The company repurchased 24,473 shares at an average price of $38.50 during the quarter.

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Home Bancorp, Inc. (Nasdaq: HBCP), the parent company of Home Bank, N.A., has announced its plans to release its 2024 third quarter earnings after the market closes on Thursday, October 17, 2024. The company will host a conference call to discuss the results on Friday, October 18, 2024, at 10:30 a.m. CDT.

Chairman, President and CEO John W. Bordelon and Senior Executive VP and CFO David T. Kirkley will lead the discussion on the company's third quarter performance. Investors can join the call by dialing 1.646.357.8785 (U.S. Local/International Toll Free) or 1.800.836.8184 (U.S. Toll Free) with the conference ID 37553. Participants are advised to dial in 10 minutes before the call starts.

The earnings release, investor presentation, call replay, and transcript will be available on the company's Investor Relations page at https://home24bank.investorroom.com.

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Home Bancorp (Nasdaq: HBCP) released its Q2 2024 results on July 17, 2024. Net income for the quarter was $8.1 million or $1.02 per diluted share, down from $9.2 million or $1.14 EPS in Q1 2024. Loans grew by 1.5% to $2.7 billion, and the net interest margin rose slightly to 3.66%. However, nonperforming assets decreased by 22% to $17.0 million, and the provision for loan losses increased significantly to $1.3 million. The company declared a quarterly dividend of $0.25 per share payable on August 9, 2024. Shareholders' equity grew to $375.8 million. A conference call will be hosted on July 18, 2024, at 10:30 a.m. CDT to discuss the results.

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Home Bancorp, Inc. (Nasdaq: HBCP) and its subsidiary Home Bank, N.A. have promoted Natalie B. Lemoine and John J. Zollinger, IV to Senior Executive Vice Presidents. Lemoine, who joined in 2015, serves as Chief Administrative Officer, overseeing human resources, communications, marketing, community development, and HB Financial Wealth Management. Zollinger, with the bank since 2010, is Chief Banking Officer, leading commercial banking, treasury management, and mortgage operations across seven regions in South Louisiana, Natchez, Mississippi, and Greater Houston. He also supervises SBA and Government Guaranteed Lending.

Both executives have strong educational backgrounds and are actively involved in community service. President and CEO John W. Bordelon praised their leadership, vision, and integrity as key drivers of the company's success and strategic growth.

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Home Bancorp, parent company of Home Bank, will release its Q2 2024 earnings on July 17, 2024, after market close. The earnings report and investor presentation will be available on the Investor Relations page of their website.

A conference call will be held on July 18, 2024, at 10:30 a.m. CDT, where CEO John W. Bordelon and CFO David T. Kirkley will discuss the results. Interested parties can join the call by dialing provided numbers and using conference ID 45222. Replay and transcript will be available on the company's website.

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Home Bancorp (Nasdaq: HBCP) announces the appointment of Mark C. Herpin as Senior Executive Vice President and Chief Operations Officer, effective May 30, 2024. Herpin brings over 20 years of banking experience and has held key positions in technology, finance, and mergers and acquisitions at First Horizon (IBERIABANK). He specializes in data solutions, having served as Senior Vice President and Director of Strategic Data Solutions. John Bordelon, President and CEO, lauds Herpin's leadership and banking expertise. Herpin holds an MBA from the University of Louisiana at Lafayette, is a Certified Public Accountant, and has multiple certifications in technology and management. He is also active in community service.

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Home Bancorp, Inc. reported first-quarter 2024 financial results with a net income of $9.2 million, a decrease from the previous quarter. Despite a reduction in net interest margin, the company showed positive loan and deposit growth rates. Nonperforming assets increased due to two loan relationships but are not expected to result in losses. The company declared a quarterly dividend of $0.25 per share and announced a share repurchase plan.
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Home Bancorp, Inc. (HBCP) to release earnings for Q1 2024 with a conference call led by top executives. Investors can access the call through various channels.
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Home Bancorp, Inc. reported a net income of $9.4 million, or $1.17 per diluted common share for the fourth quarter of 2023. Loans and deposits grew, and credit quality improved. However, the net interest margin decreased, and the company recorded a provision to the allowance for loan losses of $665,000. Noninterest income decreased, and noninterest expense was down. Shareholders' equity increased by 6%, and the company declared a quarterly cash dividend of $0.25 per share.
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Home Bancorp, Inc. (Nasdaq: HBCP) plans to issue its earnings release for the quarter ended December 31, 2023, after the close of business on Monday, January 22, 2024. The company will conduct a conference call at 10:30 a.m. CDT on Tuesday, January 23, 2024, where President and CEO, John W. Bordelon, and CFO, David T. Kirkley will discuss the fourth quarter results. Interested parties can access the conference call and find the earnings release and investor presentation on the Investor Relations page of the Company's website. The conference call details and replay information are also available on the website.
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FAQ

What is the current stock price of Home Bancorp (HBCP)?

The current stock price of Home Bancorp (HBCP) is $49.98 as of November 8, 2024.

What is the market cap of Home Bancorp (HBCP)?

The market cap of Home Bancorp (HBCP) is approximately 403.2M.

What is Home Bancorp, Inc.?

Home Bancorp, Inc. (Nasdaq: HBCP) is the parent company for Home Bank, N.A., a national bank headquartered in Lafayette, Louisiana.

Where does Home Bank operate?

Home Bank operates from 42 full-service banking locations across South Louisiana, Natchez, Mississippi, and Houston, Texas.

What are the main services provided by Home Bank?

Home Bank offers a range of services including deposit products, one-to-four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans.

How did Home Bancorp perform in the first quarter of 2024?

In the first quarter of 2024, Home Bancorp reported net income of $9.2 million and loan growth, with total loans reaching $2.6 billion.

Who leads Home Bancorp, Inc.?

John W. Bordelon is the President and Chief Executive Officer of Home Bancorp, Inc. and Home Bank, N.A.

When was Home Bancorp, Inc. established?

Home Bancorp, Inc. became the holding company for Home Bank in October 2008 following Home Bank's mutual to stock conversion.

What is the tangible common equity ratio of Home Bancorp?

At the end of 2023, Home Bancorp had a tangible common equity ratio of 8.7%.

How can investors get more information about Home Bancorp?

Investors can visit Home Bancorp's Investor Relations page at https://home24bank.investorroom.com for detailed financial data and updates.

What is the main strategy of Home Bancorp for future growth?

Home Bancorp focuses on leveraging customer relationships, enhancing banking technology, and maintaining strong financial health to sustain growth and stability.

What is Home Bank's historical significance?

Chartered in 1908 as Home Building and Loan, Home Bank has a long history of serving its customers with stability and dedication, evolving to meet modern banking needs.

Home Bancorp, Inc.

Nasdaq:HBCP

HBCP Rankings

HBCP Stock Data

403.16M
8.08M
14.55%
45.98%
0.59%
Banks - Regional
Savings Institutions, Not Federally Chartered
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United States of America
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