HomeTrust Bancshares, Inc. Announces Financial Results for the Third Quarter of the Year Ending December 31, 2025 and an Increase in the Quarterly Dividend

Rhea-AI Summary

HomeTrust Bancshares (NYSE: HTB) reported results for the quarter ended September 30, 2025 and declared a quarterly cash dividend increase to $0.13 per share payable Nov 28, 2025 to holders of record Nov 14, 2025.

Key operating figures: Q3 net income $16.5M ($0.95 diluted EPS) vs $17.2M in Q2; nine-month net income $48.2M vs $40.6M prior year; nine-month diluted EPS $2.79 vs $2.37; net interest margin 4.31% for Q3 (tax-equivalent 4.36%).

Credit and capital highlights: provision for credit losses Q3 $2.0M (up from $1.3M QoQ); nine-month provision $4.9M vs $8.4M prior year; repurchases of 93,212 shares in nine months at average $35.41; dividend increased 8.3% QoQ.

Positive

• Nine-month net income +$7.6M (+18.7%) to $48.2M
• Nine-month diluted EPS +17.7% to $2.79
• Nine-month provision for credit losses fell to $4.9M from $8.4M
• Board raised quarterly dividend by 8.3% to $0.13 payable Nov 28, 2025

Negative

• Quarterly provision for credit losses increased 55% QoQ to $2.0M
• Q3 net income declined 4.2% QoQ to $16.5M
• No gain on branch sales in Q3 after a $1.4M branch-sale gain in Q2

Insights

Bank financial analyst

Quarterly profit dipped slightly QoQ but shows YoY growth; dividend raised to $0.13 per share.

Net income for the quarter was $16.5 million ($0.95 diluted EPS), down from $17.2 million ($1.00) the prior quarter, driven by a $712,000 increase in the provision for credit losses and the absence of a prior-quarter $1.4 million branch-sale gain. For the nine months the company reported net income of $48.2 million versus $40.6 million a year ago and diluted EPS of $2.79 versus $2.37, reflecting underlying year-over-year earnings improvement.

The Board declared a quarterly cash dividend increased to $0.13 per share payable November 28, 2025 to holders of record on November 14, 2025, the seventh increase since dividends began in November 2018. Key drivers to watch near term include the trend in the provision for credit losses (quarterly at $2.0 million), net interest margin held near 4.31%, and the company's commentary on loan growth and capital; expect meaningful updates over the next one to two quarters.

ASHEVILLE, N.C., Oct. 22, 2025 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NYSE: HTB) ("Company"), the holding company of HomeTrust Bank ("Bank"), today announced preliminary net income for the third quarter of the year ending December 31, 2025 and an increase in its quarterly cash dividend.

For the quarter ended September 30, 2025 compared to the quarter ended June 30, 2025:

• net income was $16.5 million compared to $17.2 million;
• diluted earnings per share ("EPS") were $0.95 compared to $1.00;
• annualized return on assets ("ROA") was 1.48% compared to 1.58%;
• annualized return on equity ("ROE") was 11.10% compared to 11.97%;
• net interest margin was 4.31% compared to 4.32%;
• provision for credit losses was $2.0 million compared to $1.3 million;
• gain on the sale of our two Knoxville, Tennessee branches was $0 compared to $1.4 million;
• quarterly cash dividends continued at $0.12 per share totaling $2.1 million for each period; and
• 78,412 shares of Company common stock were repurchased during the prior quarter at an average price of $35.74 compared to none in the current quarter.
  
  

For the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024:

• net income was $48.2 million compared to $40.6 million;
• diluted EPS were $2.79 compared to $2.37;
• annualized ROA was 1.46% compared to 1.22%;
• annualized ROE was 11.20% compared to 10.39%;
• net interest margin was 4.27% compared to 4.06%;
• provision for credit losses was $4.9 million compared to $8.4 million;
• gain on the sale of our two Knoxville, Tennessee branches was $1.4 million compared to $0;
• tax-free death benefit proceeds from life insurance were $0 compared to $1.1 million;
• cash dividends of $0.36 per share totaling $6.2 million compared to $0.33 per share totaling $5.6 million; and
• 93,212 shares of Company common stock were repurchased during the nine months at an average price of $35.41 compared to 23,483 shares repurchased at an average price of $27.48 in the same period last year.

The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.13 per common share, reflecting a $0.01, or 8.3%, increase over the previous quarter's dividend. This is the seventh increase of the quarterly dividend since the Company initiated cash dividends in November 2018. The dividend is payable on November 28, 2025 to shareholders of record as of the close of business on November 14, 2025.

“We are pleased to report another quarter of strong financial performance,” said Hunter Westbrook, President and Chief Executive Officer. “Our quarterly earnings per share have grown 25% year-over-year, driven by a top quartile net interest margin of 4.31% and continued expense discipline. These results reflect the strength of our core banking model and focus on delivering consistent, high-quality growth. With a solid capital position and further improvement in the slope of the yield curve, we are well-positioned to accelerate loan growth in future quarters.

“This quarter marked the one-year anniversary of Hurricane Helene. The resilience shown by our employees, customers and communities has been truly inspiring. Their perseverance reinforces our long-term commitment to sustainable growth and meaningful impact in the markets we serve.”

WEBSITE: WWW.HTB.COM

Comparison of Results of Operations for the Three Months Ended September 30, 2025 and June 30, 2025

Net Income. Net income totaled $16.5 million, or $0.95 per diluted share, for the three months ended September 30, 2025 compared to $17.2 million, or $1.00 per diluted share, for the three months ended June 30, 2025, a decrease of $719,000, or 4.2%. Results for the three months ended September 30, 2025 were positively impacted by a $1.2 million increase in net interest income, offset by a $712,000 increase in the provision for credit losses and a $1.4 million decrease in noninterest income due to a $1.4 million gain on the sale of two branch locations in the prior quarter, with no similar activity in the current quarter. Details of the changes in the various components of net income are further discussed below.

Net Interest Income. The following table presents the distribution of average assets, liabilities and equity, as well as interest income earned on average interest-earning assets and interest expense paid on average interest-bearing liabilities. All average balances are daily average balances. Nonaccruing loans have been included in the table as loans carrying a zero yield.

	Three Months Ended
	September 30, 2025										June 30, 2025
(Dollars in thousands)	Average Balance Outstanding				Interest Earned / Paid			Yield / Rate			Average Balance Outstanding				Interest Earned / Paid			Yield / Rate
Assets
Interest-earning assets
Loans receivable(1)	$	3,876,200			$	61,749		6.32	%		$	3,804,502			$	60,440		6.37	%
Debt securities available for sale		146,374				1,662		4.50				149,611				1,658		4.45
Other interest-earning assets(2)		152,130				1,984		5.17				149,175				1,543		4.15
Total interest-earning assets		4,174,704				65,395		6.21				4,103,288				63,641		6.22
Other assets		256,449										263,603
Total assets	$	4,431,153									$	4,366,891
Liabilities and equity
Interest-bearing liabilities
Interest-bearing checking accounts	$	544,229			$	1,081		0.79	%		$	563,817			$	1,251		0.89	%
Money market accounts		1,330,856				9,276		2.77				1,329,973				9,004		2.72
Savings accounts		176,660				31		0.07				182,340				37		0.08
Certificate accounts		932,361				9,086		3.87				868,321				8,564		3.96
Total interest-bearing deposits		2,984,106				19,474		2.59				2,944,451				18,856		2.57
Junior subordinated debt		10,179				207		8.07				10,154				206		8.14
Borrowings		28,716				325		4.49				31,154				350		4.51
Total interest-bearing liabilities		3,023,001				20,006		2.63				2,985,759				19,412		2.61
Noninterest-bearing deposits		757,828										744,585
Other liabilities		60,692										59,973
Total liabilities		3,841,521										3,790,317
Stockholders' equity		589,632										576,574
Total liabilities and stockholders' equity	$	4,431,153									$	4,366,891
Net earning assets	$	1,151,703									$	1,117,529
Average interest-earning assets to average interest-bearing liabilities		138.10	%									137.43	%
Non-tax-equivalent
Net interest income					$	45,389									$	44,229
Interest rate spread								3.58	%									3.61	%
Net interest margin(3)								4.31	%									4.32	%
Tax-equivalent(4)
Net interest income					$	45,829									$	44,660
Interest rate spread								3.63	%									3.65	%
Net interest margin(3)								4.36	%									4.37	%

(1) Average loans receivable balances include loans held for sale and nonaccruing loans.
(2) Average other interest-earning assets consist of FRB stock, FHLB stock, SBIC investments and deposits in other banks.
(3) Net interest income divided by average interest-earning assets.
(4) Tax-equivalent results include adjustments to interest income of $440 and $431 for the three months ended September 30, 2025 and June 30, 2025, respectively, calculated based on a combined federal and state tax rate of 24%.

Total interest and dividend income for the three months ended September 30, 2025 increased $1.8 million when compared to the three months ended June 30, 2025. Regarding the components of this income, loan interest income increased $1.3 million, or 2.2%, primarily due to an overall increase in average loan balances and an additional day in the current quarter, and interest income on other interest-bearing assets increased $441,000, or 28.5%, mainly due to a $421,000, or 154.8%, increase in SBIC investment income where significant investment appreciation was recognized in the current quarter. Accretion income on acquired loans of $352,000 and $1.0 million was recognized during the same periods, respectively, and was included in interest income on loans.

Total interest expense for the three months ended September 30, 2025 increased $594,000, or 3.1%, compared to the three months ended June 30, 2025. The change was primarily the result of an increase in the average balance of certificate accounts.

The following table shows the effects that changes in average balances (volume), including the difference in the number of days in the periods compared, and average interest rates (rate) had on the interest earned on interest-earning assets and interest paid on interest-bearing liabilities:

	Increase / (Decrease) Due to								Total Increase / (Decrease)
(Dollars in thousands)	Volume				Rate
Interest-earning assets
Loans receivable	$	1,810			$	(501	)		$	1,309
Debt securities available for sale		(18	)			22				4
Other interest-earning assets		52				389				441
Total interest-earning assets		1,844				(90	)			1,754
Interest-bearing liabilities
Interest-bearing checking accounts		(32	)			(138	)			(170	)
Money market accounts		107				165				272
Savings accounts		(1	)			(5	)			(6	)
Certificate accounts		730				(208	)			522
Junior subordinated debt		3				(2	)			1
Borrowings		(24	)			(1	)			(25	)
Total interest-bearing liabilities		783				(189	)			594
Increase in net interest income									$	1,160

Provision for Credit Losses. The provision for credit losses is the amount of expense that, based on our judgment, is required to maintain the allowance for credit losses ("ACL") at an appropriate level under the current expected credit losses model.

The following table presents a breakdown of the components of the provision for credit losses:

	Three Months Ended
(Dollars in thousands)	September 30, 2025			June 30, 2025				$ Change			% Change
Provision for credit losses
Loans	$	1,755		$	1,385			$	370		27	%
Off-balance-sheet credit exposure		260			(82	)			342		417
Total provision for credit losses	$	2,015		$	1,303			$	712		55	%

For the quarter ended September 30, 2025, the "loans" portion of the provision for credit losses was the result of the following, offset by net charge-offs of $2.8 million during the quarter:

• $0.6 million benefit driven by changes in the loan mix.
• $0.2 million provision due to changes in the projected economic forecast, specifically the national unemployment rate, and changes in qualitative adjustments.
• $0.6 million decrease in specific reserves on individually evaluated loans.

For the quarter ended June 30, 2025, the "loans" portion of the provision for credit losses was the result of the following, offset by net charge-offs of $2.0 million during the quarter:

• $0.3 million benefit driven by changes in the loan mix.
• $1.6 million benefit due to changes in qualitative adjustments, partially offset by a slight worsening of the projected economic forecast, specifically the national unemployment rate. Of note, we released the $2.2 million qualitative allocation previously established for the potential impact of Hurricane Helene upon our loan portfolio which had been established in the quarter ended September 30, 2024. Any residual impact of the Hurricane was believed to have been reflected elsewhere within the ACL calculation.
• $1.3 million increase in specific reserves on individually evaluated loans.

For the quarters ended September 30, 2025 and June 30, 2025, the amounts recorded for off-balance-sheet credit exposure were the result of changes in the balance of loan commitments, loan mix, projected economic forecast and qualitative allocations as outlined above.

Noninterest Income. Noninterest income for the three months ended September 30, 2025 decreased $1.4 million, or 13.8%, when compared to the quarter ended June 30, 2025. Changes in the components of noninterest income are discussed below:

	Three Months Ended
(Dollars in thousands)	September 30, 2025			June 30, 2025			$ Change				% Change
Noninterest income
Service charges and fees on deposit accounts	$	2,527		$	2,502		$	25			1	%
Loan income and fees		577			548			29			5
Gain on sale of loans held for sale		1,725			2,109			(384	)		(18	)
Bank owned life insurance ("BOLI") income		882			852			30			4
Operating lease income		1,777			1,876			(99	)		(5	)
Gain on sale of branches		—			1,448			(1,448	)		(100	)
Gain on sale of premises and equipment		—			28			(28	)		(100	)
Other		1,263			794			469			59
Total noninterest income	$	8,751		$	10,157		$	(1,406	)		(14	)%

• Gain on sale of loans held for sale: The decrease was primarily driven by a reduction in the sales volume of HELOCs originated for sale, partially offset by increased sales volume of residential mortgage and SBA commercial loans. There were $45.3 million of HELOCs originated for sale which were sold during the current quarter with gains of $243,000 compared to $108.8 million sold with gains of $954,000 in the prior quarter. There were $33.3 million of residential mortgage loans sold for gains of $764,000 during the current quarter compared to $30.3 million sold with gains of $558,000 in the prior quarter. There were $9.8 million in sales of the guaranteed portion of SBA commercial loans with gains of $595,000 for the current quarter compared to $7.3 million sold and gains of $570,000 for the prior quarter. Our hedging of mandatory commitments on the residential mortgage loan pipeline resulted in a net gain of $123,000 for the current quarter compared to a net gain of $27,000 for the prior quarter.
• Gain on sale of branches: On May 23, 2025, we completed the previously announced sale of our two Knoxville, Tennessee branches, recognizing a gain of $1.4 million. The gain was primarily the result of a premium received on the deposits assumed by the purchasing institution, partially offset by expenses associated with the transaction. No similar activity occurred during the current quarter.
• Other: The increase was driven by $290,000 in additional investment services income quarter-over-quarter.

Noninterest Expense. Noninterest expense for the three months ended September 30, 2025 remained stable, when compared to the three months ended June 30, 2025. Changes in the components of noninterest expense are discussed below:

	Three Months Ended
(Dollars in thousands)	September 30, 2025			June 30, 2025			$ Change				% Change
Noninterest expense
Salaries and employee benefits	$	18,508		$	18,208		$	300			2	%
Occupancy expense, net		2,563			2,375			188			8
Computer services		2,562			2,488			74			3
Operating lease depreciation expense		1,770			1,789			(19	)		(1	)
Telephone, postage and supplies		539			561			(22	)		(4	)
Marketing and advertising		471			442			29			7
Deposit insurance premiums		468			473			(5	)		(1	)
Core deposit intangible amortization		410			411			(1	)		—
Other		3,975			4,508			(533	)		(12	)
Total noninterest expense	$	31,266		$	31,255		$	11			—	%

• Other: The change was driven by a $96,000 decline in losses recognized on the sale of repossessed assets in addition to small decreases across several other expense categories.

Income Taxes. The amount of income tax expense is influenced by the amount of pre-tax income, tax-exempt income, changes in the statutory rate and the effect of changes in valuation allowances maintained against deferred tax benefits. The effective tax rates for the three months ended September 30, 2025 and June 30, 2025 were 20.9% and 21.2%, respectively.

Comparison of Results of Operations for the Nine Months Ended September 30, 2025 and September 30, 2024
Net Income. Net income totaled $48.2 million, or $2.79 per diluted share, for the nine months ended September 30, 2025 compared to $40.6 million, or $2.37 per diluted share, for the nine months ended September 30, 2024, an increase of $7.6 million, or 18.8%. The results for the nine months ended September 30, 2025 were positively impacted by a $6.2 million increase in net interest income, a decrease of $3.5 million in the provision for credit losses, and a $1.7 million increase in noninterest income, partially offset by a $2.0 million increase in noninterest expense. Details of the changes in the various components of net income are further discussed below.

Net Interest Income. The following table presents the distribution of average assets, liabilities and equity, as well as interest income earned on average interest-earning assets and interest expense paid on average interest-bearing liabilities. All average balances are daily average balances. Nonaccruing loans have been included in the table as loans carrying a zero yield.

	Nine Months Ended
	September 30, 2025										September 30, 2024
(Dollars in thousands)	Average Balance Outstanding				Interest Earned / Paid			Yield / Rate			Average Balance Outstanding				Interest Earned / Paid			Yield / Rate
Assets
Interest-earning assets
Loans receivable(1)	$	3,827,840			$	180,802		6.32	%		$	3,883,040			$	185,418		6.38	%
Debt securities available for sale		149,525				5,107		4.57				133,779				4,424		4.42
Other interest-earning assets(2)		168,984				6,762		5.35				138,956				5,576		5.36
Total interest-earning assets		4,146,349				192,671		6.21				4,155,775				195,418		6.28
Other assets		262,029										276,516
Total assets	$	4,408,378									$	4,432,291
Liabilities and equity
Interest-bearing liabilities
Interest-bearing checking accounts	$	560,348			$	3,656		0.87	%		$	574,954			$	4,149		0.96	%
Money market accounts		1,335,414				27,457		2.75				1,305,217				29,813		3.05
Savings accounts		180,760				106		0.08				187,447				124		0.09
Certificate accounts		917,394				27,474		4.00				934,702				30,778		4.40
Total interest-bearing deposits		2,993,916				58,693		2.62				3,002,320				64,864		2.89
Junior subordinated debt		10,155				618		8.14				10,054				705		9.37
Borrowings		24,117				835		4.63				76,823				3,550		6.17
Total interest-bearing liabilities		3,028,188				60,146		2.66				3,089,197				69,119		2.99
Noninterest-bearing deposits		740,785										766,110
Other liabilities		63,791										55,217
Total liabilities		3,832,764										3,910,524
Stockholders' equity		575,614										521,767
Total liabilities and stockholders' equity	$	4,408,378									$	4,432,291
Net earning assets	$	1,118,161									$	1,066,578
Average interest-earning assets to average interest-bearing liabilities		136.93	%									134.53	%
Non-tax-equivalent
Net interest income					$	132,525									$	126,299
Interest rate spread								3.55	%									3.29	%
Net interest margin(3)								4.27	%									4.06	%
Tax-equivalent(4)
Net interest income					$	133,814									$	127,371
Interest rate spread								3.59	%									3.33	%
Net interest margin(3)								4.31	%									4.09	%

(1) Average loans receivable balances include loans held for sale and nonaccruing loans.
(2) Average other interest-earning assets consist of FRB stock, FHLB stock, SBIC investments and deposits in other banks.
(3) Net interest income divided by average interest-earning assets.
(4) Tax-equivalent results include adjustments to interest income of $1,289 and $1,072 for the nine months ended September 30, 2025 and September 30, 2024, respectively, calculated based on a combined federal and state tax rate of 24%.

Total interest and dividend income for the nine months ended September 30, 2025 decreased $2.7 million, or 1.4%, compared to the nine months ended September 30, 2024, which was driven by a $4.6 million, or 2.5%, decrease in interest income on loans, partially offset by increases of $1.2 million, or 21.3%, on other interest-bearing assets and $683,000, or 15.4%, on debt securities available for sale. Accretion income on acquired loans of $1.7 million and $2.0 million was recognized during the same periods, respectively, and was included in interest income on loans. The overall decrease in average yield on interest-earning assets was mainly the result of both a reduction in interest rates and a decline in the average balance of the loan portfolio where we continue to be focused on prudent loan growth.

Total interest expense for the nine months ended September 30, 2025 decreased $9.0 million, or 13.0%, compared to the nine months ended September 30, 2024. The change was primarily the result of a decrease in the average balance of borrowings in addition to the cost of funds across all funding sources.

The following table shows the effects that changes in average balances (volume), including the difference in the number of days in the periods compared, and average interest rates (rate) had on the interest earned on interest-earning assets and interest paid on interest-bearing liabilities:

	Increase / (Decrease) Due to								Total Increase / (Decrease)
(Dollars in thousands)	Volume				Rate
Interest-earning assets
Loans receivable	$	(2,802	)		$	(1,814	)		$	(4,616	)
Debt securities available for sale		516				167				683
Other interest-earning assets		1,199				(13	)			1,186
Total interest-earning assets		(1,087	)			(1,660	)			(2,747	)
Interest-bearing liabilities
Interest-bearing checking accounts		(109	)			(384	)			(493	)
Money market accounts		664				(3,020	)			(2,356	)
Savings accounts		(5	)			(13	)			(18	)
Certificate accounts		(595	)			(2,709	)			(3,304	)
Junior subordinated debt		7				(94	)			(87	)
Borrowings		(2,436	)			(279	)			(2,715	)
Total interest-bearing liabilities		(2,474	)			(6,499	)			(8,973	)
Increase in net interest income									$	6,226

Provision for Credit Losses. The following table presents a breakdown of the components of the provision for credit losses:

	Nine Months Ended
(Dollars in thousands)	September 30, 2025			September 30, 2024				$ Change				% Change
Provision for credit losses
Loans	$	3,940		$	8,435			$	(4,495	)		(53	)%
Off-balance-sheet credit exposure		918			(35	)			953			2,723
Total provision for credit losses	$	4,858		$	8,400			$	(3,542	)		(42	)%

For the nine months ended September 30, 2025, the "loans" portion of the provision for credit losses was the result of the following, offset by net charge-offs of $6.1 million during the period.

• $1.5 million benefit driven by changes in the loan mix.
• $1.5 million benefit due to changes in qualitative adjustments, partially offset by a slight worsening of the projected economic forecast, specifically the national unemployment rate. Of note, we released the $2.2 million qualitative allocation previously established for the potential impact of Hurricane Helene upon our loan portfolio which had been established in the quarter ended September 30, 2024. Any residual impact of the Hurricane is believed to have now been reflected elsewhere within the ACL calculation.
• $0.8 million increase in specific reserves on individually evaluated loans.

For the nine months ended September 30, 2024, the "loans" portion of the provision for credit losses was the result of net charge-offs of $8.9 million during the period, partially offset by a $0.4 million benefit due to changes in the loan mix.

For the nine months ended September 30, 2025 and September 30, 2024, the amounts recorded for off-balance-sheet credit exposure were the result of changes in the balance of loan commitments, loan mix and projected economic forecast as outlined above.

Noninterest Income. Noninterest income for the nine months ended September 30, 2025 increased $1.7 million, or 6.9%, when compared to the same period last year. Changes in the components of noninterest income are discussed below:

	Nine Months Ended
(Dollars in thousands)	September 30, 2025			September 30, 2024				$ Change				% Change
Noninterest income
Service charges and fees on deposit accounts	$	7,273		$	6,839			$	434			6	%
Loan income and fees		1,846			2,009				(163	)		(8	)
Gain on sale of loans held for sale		5,742			5,185				557			11
BOLI income		2,576			3,470				(894	)		(26	)
Operating lease income		5,032			5,087				(55	)		(1	)
Gain on sale of branches		1,448			—				1,448			100
Gain (loss) on sale of premises and equipment		28			(9	)			37			411
Other		2,990			2,625				365			14
Total noninterest income	$	26,935		$	25,206			$	1,729			7	%

• Gain on sale of loans held for sale: The increase was primarily driven by growth in the volume of HELOCs and residential mortgage loans sold during the period, partially offset by a reduction in the sale of the guaranteed portion of SBA commercial loans. During the nine months ended September 30, 2025, there were $243.5 million of HELOCs sold with gains of $2.3 million compared to $95.4 million sold with gains of $887,000 for the corresponding period in the prior year. There were $82.4 million of residential mortgage loans originated for sale which were sold with gains of $1.8 million compared to $58.3 million sold with gains of $1.1 million for the corresponding period in the prior year. There were $21.6 million of sales of the guaranteed portion of SBA commercial loans with gains of $1.5 million compared to $38.5 million sold and gains of $3.1 million for the corresponding period in the prior year. Our hedging of mandatory commitments on the residential mortgage loan pipeline resulted in a net gain of $163,000 for the nine months ended September 30, 2025 versus $15,000 for the nine months ended September 30, 2024.
• BOLI income: The decrease was due to $1.1 million in tax-free gains on death benefit proceeds in excess of the cash surrender value of the policies recognized in the prior period, partially offset by higher yielding policies as a result of restructuring the portfolio at the end of the calendar year ended December 31, 2023.
• Gain on sale of branches: As discussed earlier, during the current period we completed the previously announced sale of our two Knoxville, Tennessee branches, recognizing a gain of $1.4 million in the current period, with no similar activity occurring in the prior period.
• Other: The change was driven by $109,000 in additional investment services income period-over-period in addition to smaller increases across several other income categories.

Noninterest Expense. Noninterest expense for the nine months ended September 30, 2025 increased $2.0 million, or 2.2%, when compared to the same period last year. Changes in the components of noninterest expense are discussed below:

	Nine Months Ended
(Dollars in thousands)	September 30, 2025			September 30, 2024			$ Change				% Change
Noninterest expense
Salaries and employee benefits	$	54,415		$	50,666		$	3,749			7	%
Occupancy expense, net		7,449			7,292			157			2
Computer services		7,855			9,396			(1,541	)		(16	)
Operating lease depreciation expense		5,427			5,667			(240	)		(4	)
Telephone, postage and supplies		1,646			1,712			(66	)		(4	)
Marketing and advertising		1,365			1,659			(294	)		(18	)
Deposit insurance premiums		1,452			1,674			(222	)		(13	)
Core deposit intangible amortization		1,336			1,896			(560	)		(30	)
Other		12,537			11,526			1,011			9
Total noninterest expense	$	93,482		$	91,488		$	1,994			2	%

• Salaries and employee benefits: The increase was primarily the result of increases in both pay and incentive compensation.
• Computer services: At the end of the prior calendar year, we finalized the multiyear renewal of our largest core processing contract. The decrease in expense period-over-period is a reflection of the improved vendor pricing negotiated through this effort.
• Marketing and advertising: The decrease was the result of a reduction in spending in the nine months ended September 30, 2025 when compared to the same period of the prior year, as we re-evaluated our marketing strategy for future periods.
• Deposit insurance premiums: The decrease period-over-period was the result of higher regulatory capital ratios.
• Core deposit intangible amortization: The intangible recorded associated with the Quantum merger is being amortized on an accelerated basis, so the rate of amortization slowed year-over-year.
• Other: The change period-over-period was driven by increases of $377,000 in community association banking deposit line of business referral fees, $331,000 in losses on the sale of repossessed equipment, and $233,000 in consulting fees.

Income Taxes. The amount of income tax expense is influenced by the amount of pre-tax income, tax-exempt income, changes in the statutory rate and the effect of changes in valuation allowances maintained against deferred tax benefits. The effective tax rate was 21.1% and 21.3% for the nine months ended September 30, 2025 and September 30, 2024, respectively.

Balance Sheet Review
Total assets decreased by $3.3 million to $4.6 billion and total liabilities decreased by $47.4 million to $4.0 billion, respectively, at September 30, 2025 as compared to December 31, 2024. These changes can be traced to the use of the proceeds from both loan sales and maturities of debt securities and certificates of deposit to partially offset a $81.0 million decline in deposits. The decrease in deposits was mainly the result of a $68.8 million reduction in brokered deposits and $34.3 million of deposits which were assumed by the purchaser of our two Knoxville, Tennessee branches. Borrowings increased by $42.0 million to provide additional liquidity.

Stockholders' equity increased $44.1 million to $595.8 million at September 30, 2025 as compared to December 31, 2024. Activity within stockholders' equity included $48.2 million in net income and $3.9 million in share-based compensation and stock option exercises, partially offset by $6.2 million in cash dividends declared and $3.3 million in stock repurchases. In addition, accumulated other comprehensive income improved by $2.0 million due to a reduction in the unrealized loss on available for sale securities due to changes in market interest rates.

As of September 30, 2025, the Bank was considered "well capitalized" in accordance with its regulatory capital guidelines and exceeded all regulatory capital requirements.

Asset Quality
The ACL on loans was $43.1 million, or 1.18% of total loans, at September 30, 2025 compared to $45.3 million, or 1.24% of total loans, at December 31, 2024. The drivers of this change are discussed in the "Comparison of Results of Operations for the Nine Months Ended September 30, 2025 and September 30, 2024 – Provision for Credit Losses" section above.

Net loan charge-offs totaled $6.1 million for the nine months ended September 30, 2025 compared to $8.9 million for the same period last year. Annualized net charge-offs as a percentage of average loans were 0.21% for the nine months ended September 30, 2025 as compared to 0.31% for the nine months ended September 30, 2024.

Nonperforming assets, made up of nonaccrual loans and repossessed assets, increased by $2.6 million, or 8.6%, to $33.1 million, or 0.72% of total assets, at September 30, 2025 compared to $30.5 million, or 0.67% of total assets, at June 30, 2025. SBA loans made up the largest portion of nonperforming assets at $11.9 million and $9.4 million, respectively, at these same dates of which $6.6 million and $4.8 million, respectively, was fully guaranteed. Of the remaining nonperforming assets, HELOCs totaled $5.9 million and $3.3 million, respectively, and equipment finance loans (concentrated in the transportation sector) making up $5.5 million and $5.9 million, respectively, both at these same dates. The ratio of nonperforming loans to total loans was 0.89% at September 30, 2025 compared to 0.81% at June 30, 2025.

Nonperforming assets increased by $4.4 million, or 15.2%, to $33.1 million, or 0.72% of total assets, at September 30, 2025 compared to $28.8 million, or 0.63% of total assets, at December 31, 2024. The ratio of nonperforming loans to total loans was 0.89% at September 30, 2025 compared to 0.76% at December 31, 2024.

Classified assets increased by $7.8 million, or 16.4%, to $56.6 million, or 1.23% of total assets, as of September 30, 2025 when compared to the balance of $48.8 million, or 1.07% of total assets, at June 30, 2025. Similarly, classified assets increased by $7.9 million, or 16.1%, to $56.6 million, or 1.23% of total assets, as of September 30, 2025 when compared to the balance of $48.8 million, or 1.06% of total assets, at December 31, 2024. SBA loans made up the largest portion of classified assets at $20.0 million and $17.1 million, respectively, as of September 30, 2025 and June 30, 2025 of which $12.7 million and $9.9 million, respectively, was fully guaranteed. The remaining population of classified assets at September 30, 2025 included $8.8 million of equipment finance loans (concentrated in the transportation sector), $7.7 million of non-owner occupied CRE loans, $7.5 million of HELOCs, and $6.7 million of 1-4 family residential real estate loans.

Lastly, in an effort to assist customers in their post-Hurricane Helene recovery and clean-up efforts, at the end of the prior calendar year we granted payment deferrals of up to six months to provide short-term relief to impacted customers. The outstanding balance of these deferrals declined from $136.0 million at December 31, 2024 to $318,000 at September 30, 2025. To date, $27,000 in charge-offs have been recognized which were directly related to Hurricane Helene.

About HomeTrust Bancshares, Inc.
HomeTrust Bancshares, Inc. (NYSE: HTB), headquartered in Asheville, North Carolina, is the holding company for HomeTrust Bank, a state-chartered community bank operating over 30 locations across North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia. With total assets of $4.6 billion as of September 30, 2025, the Company’s goal is to continue to be recognized as a high-performing, regional community bank, while our strategy to reach that goal is to be a best place to work. As a reflection of these efforts, the Company has been named one of Bank Director’s “Best U.S. Banks,” one of Forbes’ “America’s Best Banks”, one of S&P Global’s “Top 50 Community Banks”, and named to the 2025 KBW Honor Roll. In addition, the Company has been recognized as one of American Banker’s “Best Banks to Work For”, received a “Most Loved Workplace” certification by Best Practices Institute, named as one of Best Companies Group’s “America’s Best Workplaces”, as well as being named a “Best Place to Work” in all five states in which the Company operates.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but instead are based on certain assumptions including statements with respect to the Company's beliefs, plans, objectives, goals, expectations, assumptions and statements about future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by forward-looking statements. The factors that could result in material differentiation include, but are not limited to, natural disasters, including the lingering effects of Hurricane Helene; expected revenues, cost savings, synergies and other benefits from merger and acquisition activities might not be realized to the extent anticipated, within the anticipated time frames, or at all, costs or difficulties relating to integration matters, including but not limited to customer and employee retention, might be greater than expected, and goodwill impairment charges might be incurred; increased competitive pressures among financial services companies; changes in the interest rate environment; changes in general economic conditions, both nationally and in our market areas; legislative and regulatory changes; and the effects of inflation, a potential recession, and other factors described in the Company's latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission - which are available on the Company's website at www.htb.com and on the SEC's website at www.sec.gov. Any of the forward-looking statements that the Company makes in this press release or in the documents the Company files with or furnishes to the SEC are based upon management's beliefs and assumptions at the time they are made and may turn out to be wrong because of inaccurate assumptions, the factors described above or other factors that management cannot foresee. The Company does not undertake, and specifically disclaims any obligation, to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

Consolidated Balance Sheets (Unaudited)

(Dollars in thousands)	September 30, 2025				June 30, 2025				March 31, 2025				December 31, 2024(1)				September 30, 2024
Assets
Cash	$	15,435			$	16,662			$	14,303			$	18,778			$	18,980
Interest-bearing deposits		300,395				280,547				285,522				260,441				274,497
Cash and cash equivalents		315,830				297,209				299,825				279,219				293,477
Certificates of deposit in other banks		20,833				23,319				25,806				28,538				29,290
Debt securities available for sale, at fair value		145,682				143,942				150,577				152,011				140,552
FHLB and FRB stock		14,325				15,263				13,602				13,630				18,384
SBIC investments, at cost		18,346				17,720				17,746				15,117				15,489
Loans held for sale, at fair value		7,907				1,106				2,175				4,144				2,968
Loans held for sale, at the lower of cost or fair value		189,047				169,835				151,164				202,018				189,722
Total loans, net of deferred loan fees and costs		3,643,619				3,671,951				3,648,609				3,648,299				3,698,892
Allowance for credit losses – loans		(43,086	)			(44,139	)			(44,742	)			(45,285	)			(48,131	)
Loans, net		3,600,533				3,627,812				3,603,867				3,603,014				3,650,761
Premises and equipment held for sale, at the lower of cost or fair value		616				616				8,240				616				616
Premises and equipment, net		62,437				62,706				62,347				69,872				69,603
Accrued interest receivable		17,077				16,554				18,269				18,336				17,523
Deferred income taxes, net		9,789				9,968				9,288				10,735				10,100
BOLI		93,474				92,576				91,715				90,868				90,021
Goodwill		34,111				34,111				34,111				34,111				34,111
Core deposit intangibles, net		5,259				5,670				6,080				6,595				7,162
Other assets		56,871				59,646				63,248				66,606				67,514
Total assets	$	4,592,137			$	4,578,053			$	4,558,060			$	4,595,430			$	4,637,293
Liabilities and stockholders' equity
Liabilities
Deposits	$	3,698,227			$	3,666,178			$	3,736,360			$	3,779,203			$	3,761,588
Junior subordinated debt		10,195				10,170				10,145				10,120				10,096
Borrowings		230,000				265,000				177,000				188,000				260,013
Other liabilities		57,882				57,431				69,106				66,349				65,592
Total liabilities		3,996,304				3,998,779				3,992,611				4,043,672				4,097,289
Stockholders' equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding		—				—				—				—				—
Common stock, $0.01 par value, 60,000,000 shares authorized(2)		175				175				176				175				175
Additional paid in capital		176,289				174,900				176,682				176,693				175,495
Retained earnings		422,615				408,178				393,026				380,541				368,383
Unearned Employee Stock Ownership Plan ("ESOP") shares		(3,571	)			(3,703	)			(3,835	)			(3,966	)			(4,099	)
Accumulated other comprehensive income (loss)		325				(276	)			(600	)			(1,685	)			50
Total stockholders' equity		595,833				579,274				565,449				551,758				540,004
Total liabilities and stockholders' equity	$	4,592,137			$	4,578,053			$	4,558,060			$	4,595,430			$	4,637,293

(1) Derived from audited financial statements.
(2) Shares of common stock issued and outstanding were 17,520,425 at September 30, 2025; 17,492,143 at June 30, 2025; 17,552,626 at March 31, 2025; 17,527,709 at December 31, 2024; and 17,514,922 at September 30, 2024.

Consolidated Statements of Income (Unaudited)

	Three Months Ended						Nine Months Ended
(Dollars in thousands)	September 30, 2025			June 30, 2025			September 30, 2025			September 30, 2024
Interest and dividend income
Loans	$	61,749		$	60,440		$	180,802		$	185,418
Debt securities available for sale		1,662			1,658			5,107			4,424
Other investments and interest-bearing deposits		1,984			1,543			6,762			5,576
Total interest and dividend income		65,395			63,641			192,671			195,418
Interest expense
Deposits		19,474			18,856			58,693			64,864
Junior subordinated debt		207			206			618			705
Borrowings		325			350			835			3,550
Total interest expense		20,006			19,412			60,146			69,119
Net interest income		45,389			44,229			132,525			126,299
Provision for credit losses		2,015			1,303			4,858			8,400
Net interest income after provision for credit losses		43,374			42,926			127,667			117,899
Noninterest income
Service charges and fees on deposit accounts		2,527			2,502			7,273			6,839
Loan income and fees		577			548			1,846			2,009
Gain on sale of loans held for sale		1,725			2,109			5,742			5,185
BOLI income		882			852			2,576			3,470
Operating lease income		1,777			1,876			5,032			5,087
Gain on sale of branches		—			1,448			1,448			—
Gain (loss) on sale of premises and equipment		—			28			28			(9	)
Other		1,263			794			2,990			2,625
Total noninterest income		8,751			10,157			26,935			25,206
Noninterest expense
Salaries and employee benefits		18,508			18,208			54,415			50,666
Occupancy expense, net		2,563			2,375			7,449			7,292
Computer services		2,562			2,488			7,855			9,396
Operating lease depreciation expense		1,770			1,789			5,427			5,667
Telephone, postage and supplies		539			561			1,646			1,712
Marketing and advertising		471			442			1,365			1,659
Deposit insurance premiums		468			473			1,452			1,674
Core deposit intangible amortization		410			411			1,336			1,896
Other		3,975			4,508			12,537			11,526
Total noninterest expense		31,266			31,255			93,482			91,488
Income before income taxes		20,859			21,828			61,120			51,617
Income tax expense		4,368			4,618			12,880			11,020
Net income	$	16,491		$	17,210		$	48,240		$	40,597

Per Share Data

		Three Months Ended						Nine Months Ended
		September 30, 2025			June 30, 2025			September 30, 2025			September 30, 2024
Net income per common share(1)
Basic		$	0.96		$	1.01		$	2.81		$	2.38
Diluted		$	0.95		$	1.00		$	2.79		$	2.37
Average shares outstanding
Basic			16,998,549			17,006,141			17,005,206			16,891,619
Diluted			17,130,030			17,106,448			17,117,605			16,938,328
Book value per share at end of period		$	34.01		$	33.12		$	34.01		$	30.83
Tangible book value per share at end of period(2)		$	31.83		$	30.92		$	31.83		$	28.57
Cash dividends declared per common share		$	0.12		$	0.12		$	0.36		$	0.33
Total shares outstanding at end of period			17,520,425			17,492,143			17,520,425			17,514,922

(1) Basic and diluted net income per common share have been prepared in accordance with the two-class method.
(2) See Non-GAAP reconciliations below for adjustments.

Selected Financial Ratios and Other Data

	Three Months Ended						Nine Months Ended
	September 30, 2025			June 30, 2025			September 30, 2025			September 30, 2024
Performance ratios(1)
Return on assets (ratio of net income to average total assets)	1.48	%		1.58	%		1.46	%		1.22	%
Return on equity (ratio of net income to average equity)	11.10			11.97			11.20			10.39
Yield on earning assets	6.21			6.22			6.21			6.28
Rate paid on interest-bearing liabilities	2.63			2.61			2.66			2.99
Average interest rate spread	3.58			3.61			3.55			3.29
Net interest margin(2)	4.31			4.32			4.27			4.06
Average interest-earning assets to average interest-bearing liabilities	138.10			137.43			136.93			134.53
Noninterest expense to average total assets	2.80			2.87			2.84			2.76
Efficiency ratio	57.75			57.47			58.62			60.39
Efficiency ratio – adjusted(3)	57.28			58.59			58.69			60.41

(1) Ratios are annualized where appropriate.
(2) Net interest income divided by average interest-earning assets.
(3) See Non-GAAP reconciliations below for adjustments.

	At or For the Three Months Ended
	September 30, 2025			June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024
Asset quality ratios
Nonperforming assets to total assets(1)	0.72	%		0.67	%		0.61	%		0.63	%		0.64	%
Nonperforming loans to total loans(1)	0.89			0.81			0.74			0.76			0.78
Total classified assets to total assets	1.23			1.07			0.85			1.06			0.99
Allowance for credit losses to nonperforming loans(1)	132.26			147.98			165.96			163.68			166.51
Allowance for credit losses to total loans	1.18			1.20			1.23			1.24			1.30
Net charge-offs to average loans (annualized)	0.29			0.21			0.14			0.19			0.42
Capital ratios
Equity to total assets at end of period	12.98	%		12.65	%		12.41	%		12.01	%		11.64	%
Tangible equity to total tangible assets(2)	12.25			11.91			11.65			11.25			10.88
Average equity to average assets	13.31			13.20			12.66			12.28			12.02

(1) Nonperforming assets include nonaccruing loans and repossessed assets. There were no accruing loans more than 90 days past due at the dates indicated. At September 30, 2025, $4.6 million, or 14.1%, of nonaccruing loans were current on their loan payments as of that date.
(2) See Non-GAAP reconciliations below for adjustments.

Loans

(Dollars in thousands)	September 30, 2025				June 30, 2025				March 31, 2025				December 31, 2024				September 30, 2024
Commercial real estate
Construction and land development	$	268,953			$	267,494			$	247,539			$	274,356			$	300,905
Commercial real estate – owner occupied		540,807				561,623				570,150				545,490				544,689
Commercial real estate – non-owner occupied		861,244				877,440				867,711				866,094				881,340
Multifamily		115,403				113,416				118,094				120,425				114,155
Total commercial real estate		1,786,407				1,819,973				1,803,494				1,806,365				1,841,089
Commercial
Commercial and industrial		399,155				367,359				349,085				316,159				286,809
Equipment finance		340,322				360,499				380,166				406,400				443,033
Municipal leases		164,967				168,623				163,554				165,984				158,560
Total commercial		904,444				896,481				892,805				888,543				888,402
Residential real estate
Construction and land development		51,110				53,020				56,858				53,683				63,016
One-to-four family		636,857				640,287				631,537				630,391				627,845
HELOCs		216,122				205,918				199,747				195,288				194,909
Total residential real estate		904,089				899,225				888,142				879,362				885,770
Consumer		48,679				56,272				64,168				74,029				83,631
Total loans, net of deferred loan fees and costs		3,643,619				3,671,951				3,648,609				3,648,299				3,698,892
Allowance for credit losses – loans		(43,086	)			(44,139	)			(44,742	)			(45,285	)			(48,131	)
Loans, net	$	3,600,533			$	3,627,812			$	3,603,867			$	3,603,014			$	3,650,761

Deposits

(Dollars in thousands)	September 30, 2025			June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024
Core deposits
Noninterest-bearing accounts	$	689,352		$	698,843		$	721,814		$	680,926		$	684,501
NOW accounts		537,954			561,524			573,745			575,238			534,517
Money market accounts		1,343,008			1,323,762			1,357,961			1,341,995			1,345,289
Savings accounts		172,883			179,980			184,396			181,317			179,762
Total core deposits		2,743,197			2,764,109			2,837,916			2,779,476			2,744,069
Certificates of deposit		955,030			902,069			898,444			999,727			1,017,519
Total	$	3,698,227		$	3,666,178		$	3,736,360		$	3,779,203		$	3,761,588

Non-GAAP Reconciliations
In addition to results presented in accordance with generally accepted accounting principles utilized in the United States ("GAAP"), this earnings release contains certain non-GAAP financial measures, which include: the efficiency ratio, tangible book value, tangible book value per share and the tangible equity to tangible assets ratio. The Company believes these non-GAAP financial measures and ratios as presented are useful for both investors and management to understand the effects of certain items and provide an alternative view of its performance over time and in comparison to its competitors. These non-GAAP measures have inherent limitations, are not required to be uniformly applied and are not audited. They should not be considered in isolation or as a substitute for total stockholders' equity or operating results determined in accordance with GAAP. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies.

Set forth below is a reconciliation to GAAP of the Company's efficiency ratio:

		Three Months Ended						Nine Months Ended
(Dollars in thousands)		September 30, 2025			June 30, 2025			September 30, 2025			September 30, 2024
Noninterest expense		$	31,266		$	31,255		$	93,482		$	91,488
Net interest income		$	45,389		$	44,229		$	132,525		$	126,299
Plus: tax-equivalent adjustment			440			431			1,289			1,072
Plus: noninterest income			8,751			10,157			26,935			25,206
Less: BOLI death benefit proceeds in excess of cash surrender value			—			—			—			1,143
Less: gain on sale of branches			—			1,448			1,448			—
Less: gain (loss) on sale of premises and equipment			—			28			28			(9	)
Net interest income plus noninterest income – adjusted		$	54,580		$	53,341		$	159,273		$	151,443

Efficiency ratio		57.75	%		57.47	%		58.62	%		60.39	%
Efficiency ratio – adjusted		57.28	%		58.59	%		58.69	%		60.41	%

Set forth below is a reconciliation to GAAP of tangible book value and tangible book value per share:

		As of
(Dollars in thousands, except per share data)		September 30, 2025			June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024
Total stockholders' equity		$	595,833		$	579,274		$	565,449		$	551,758		$	540,004
Less: goodwill, core deposit intangibles, net of taxes			38,160			38,477			38,793			39,189			39,626
Tangible book value		$	557,673		$	540,797		$	526,656		$	512,569		$	500,378
Common shares outstanding			17,520,425			17,492,143			17,552,626			17,527,709			17,514,922
Book value per share		$	34.01		$	33.12		$	32.21		$	31.48		$	30.83
Tangible book value per share		$	31.83		$	30.92		$	30.00		$	29.24		$	28.57

Set forth below is a reconciliation to GAAP of tangible equity to tangible assets:

		As of
(Dollars in thousands)		September 30, 2025			June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024
Tangible equity(1)		$	557,673		$	540,797		$	526,656		$	512,569		$	500,378
Total assets			4,592,137			4,578,053			4,558,060			4,595,430			4,637,293
Less: goodwill, core deposit intangibles, net of taxes			38,160			38,477			38,793			39,189			39,626
Total tangible assets		$	4,553,977		$	4,539,576		$	4,519,267		$	4,556,241		$	4,597,667

Tangible equity to tangible assets		12.25	%		11.91	%		11.65	%		11.25	%		10.88	%

(1) Tangible equity (or tangible book value) is equal to total stockholders' equity less goodwill and core deposit intangibles, net of related deferred tax liabilities.

Contact:
C. Hunter Westbrook – President and Chief Executive Officer
Tony J. VunCannon – Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer
828-259-3939

FAQ

What dividend did HomeTrust Bancshares (HTB) declare on Oct 22, 2025 and when is it payable?

The board declared a quarterly cash dividend of $0.13 per share, payable on Nov 28, 2025 to shareholders of record as of Nov 14, 2025.

What were HomeTrust (HTB) third-quarter 2025 earnings and diluted EPS?

For Q3 2025 HTB reported net income of $16.5M and diluted EPS of $0.95.

How did HomeTrust's nine-month 2025 net income and EPS compare year-over-year?

Nine-month 2025 net income was $48.2M versus $40.6M prior year; diluted EPS was $2.79 versus $2.37.

Did HomeTrust (HTB) change its share repurchase activity in 2025?

Yes. HTB repurchased 93,212 shares in the first nine months of 2025 at an average price of $35.41.

What happened to HomeTrust's provision for credit losses in Q3 2025?

Provision for credit losses rose to $2.0M in Q3 2025 from $1.3M in Q2 2025.

What was HomeTrust's net interest margin for Q3 2025 and how does it compare to Q2?

Reported net interest margin was 4.31% for Q3 2025, essentially flat versus 4.32% in Q2 2025.