Hometrust Bancshares Stock Price, News & Analysis

HomeTrust Bancshares, Inc. (HTBI) is the holding company for HomeTrust Bank, a community-focused financial institution founded in 1926 and based in Asheville, North Carolina. According to company disclosures, HomeTrust Bank operates as a North Carolina state chartered bank with a focus on relationship-based, value-added banking across its regional footprint. The company is part of the finance and insurance sector and is classified among savings institutions.

HomeTrust Bancshares positions HomeTrust Bank as a regional community bank with over 30 locations and online/mobile channels. As described in its public communications, the bank serves customers in multiple markets, including the Asheville metropolitan area and the Piedmont region in North Carolina, as well as Charlotte and Raleigh/Cary. Beyond North Carolina, HomeTrust reports locations in South Carolina (Greenville and Charleston), East Tennessee (Kingsport/Johnson City, Knoxville, and Morristown), Southwest Virginia (the Roanoke Valley), and the greater Atlanta area in Georgia. This multi-state presence supports a geographically diversified customer base.

In company descriptions, HomeTrust emphasizes its community-focused approach and its commitment to relationship banking. The bank highlights its role as a regional community institution that aims to combine high financial performance with a workplace culture it describes as a “best place to work.” Public statements reference recognition in national rankings, including being named a Top 50 Community Bank in S&P Global Market Intelligence’s rankings for large community banks and inclusion in Forbes’ America’s Best Banks list. These rankings are based on metrics such as returns, growth, funding, and balance sheet strength, as reported by the company.

HomeTrust Bancshares has also described a strategy centered on prudent, sound, and profitable balance sheet management. In multiple earnings releases, management points to maintaining a net interest margin at or above 4.00% over an extended series of quarters, along with a focus on credit quality and disciplined loan growth. The company has discussed its use of the current expected credit losses (CECL) model and its approach to provisioning for credit losses based on loan mix, projected economic forecasts, and qualitative adjustments.

The company’s communications indicate that HomeTrust generates income from a combination of interest-earning assets and noninterest sources. Earnings releases detail interest income from loans receivable, debt securities available for sale, and other interest-earning assets such as deposits in other banks and certain investments. On the funding side, the bank reports interest-bearing checking, money market, savings, and certificate accounts, along with noninterest-bearing deposits, junior subordinated debt, and borrowings. Noninterest income categories disclosed by the company include service charges and fees on deposit accounts, loan income and fees, gains on the sale of loans held for sale, bank owned life insurance (BOLI) income, operating lease income, and other fee-based items.

HomeTrust Bancshares has also described selective strategic actions in its public releases. These include the merger of Quantum Capital Corp. into the company, which added loans, deposits, and assets and required merger-related expenses and provisions for credit losses to establish allowances on the acquired portfolio. The company has also reported a transition in its fiscal year end to December 31 and has discussed internal initiatives such as ceasing indirect auto originations and right-sizing its mortgage banking line of business to achieve cost savings and adjust its business mix.

In addition to traditional branch-based banking, HomeTrust highlights the importance of digital channels. The company has publicly announced senior leadership roles focused on technology and digital strategy, including a Director of Digital Strategy and a Chief Technology Officer, with responsibilities for developing digital roadmaps, enhancing technology infrastructure, and supporting the bank’s growth and customer experience objectives. These disclosures underscore the bank’s stated intent to adapt to changing customer transaction patterns across multiple channels.

From a capital management perspective, HomeTrust Bancshares has communicated the use of quarterly cash dividends and share repurchases as tools for returning capital to shareholders. The company has announced recurring quarterly dividends and, at times, increases in the dividend rate. It has also reported board authorizations and re-authorizations of stock repurchase programs, including the ability to repurchase shares in the open market or through privately negotiated transactions, subject to market conditions and other factors.

HomeTrust’s public statements also emphasize its community orientation and its response to events affecting the regions it serves. Management commentary has referenced working with customers in areas impacted by severe weather events, including offering payment deferrals and maintaining operational continuity across branches and electronic banking services. The company also notes its heritage of supporting local communities through financial resources for economic development and support for local non-profits, as reflected in its earlier corporate descriptions.

In early 2025, HomeTrust Bancshares announced that its common stock, then listed on the NASDAQ Stock Market under the ticker symbol HTBI, would transfer to the New York Stock Exchange. The company stated that trading on the NYSE is expected to begin under a new ticker symbol, “HTB,” on a specified date, with trading on NASDAQ continuing until the close of the market on the last trading day before the transfer. This listing change reflects a shift in the venue where the company’s common stock is traded, while the company continues to operate as the holding company for HomeTrust Bank.

Overall, HomeTrust Bancshares, Inc. presents itself, through its public filings and news releases, as a regional, community-focused bank holding company that combines a multi-state branch network and digital channels with an emphasis on relationship banking, balance sheet discipline, and measured growth.

Business model and operations

According to its earnings releases and corporate descriptions, HomeTrust Bancshares’ business model centers on operating HomeTrust Bank as a community-focused financial institution. The bank reports interest-earning assets primarily in the form of loans receivable and debt securities, along with other interest-earning assets such as deposits in other banks and certain investments. On the liability side, it funds these assets through a mix of interest-bearing and noninterest-bearing deposits, junior subordinated debt, and borrowings.

The company’s disclosures show that it monitors net interest income, net interest margin, and the spread between yields on interest-earning assets and rates on interest-bearing liabilities. Management commentary frequently links performance to maintaining a net interest margin above 4.00% and to the composition of its loan and deposit portfolios. The bank also reports noninterest income from service charges and fees on deposit accounts, loan-related fees, gains on sales of loans held for sale, BOLI income, operating lease income, and other sources.

HomeTrust’s public communications describe the use of the CECL methodology to determine the allowance for credit losses on loans and off-balance-sheet credit exposures. The company explains that its provision for credit losses reflects changes in loan mix, projected economic conditions (including the national unemployment rate), qualitative factors, and specific reserves on individually evaluated credits. Earnings releases provide detail on how changes in these factors, along with net charge-offs, influence the provision for credit losses in each quarter.

Geographic footprint and markets

HomeTrust Bank’s reported footprint spans several states in the southeastern United States. Company disclosures state that the bank has over 30 locations, along with online and mobile channels. The locations include:

• North Carolina: Asheville metropolitan area, the Piedmont region, Charlotte, and Raleigh/Cary
• South Carolina: Greenville and Charleston
• East Tennessee: Kingsport/Johnson City, Knoxville, and Morristown
• Southwest Virginia: Roanoke Valley
• Georgia: Greater Atlanta

This regional presence supports the company’s stated strategy of geographic diversification across its employee base and customer relationships. Management has noted that this diversification provides a foundation to address localized economic or weather-related disruptions.

Corporate developments and strategy

HomeTrust Bancshares has reported several notable corporate developments in its public filings and news releases. These include:

• The merger of Quantum Capital Corp. into HomeTrust Bancshares, which added loans, deposits, and assets to the company and resulted in merger-related expenses and provisions for credit losses to establish allowances on the acquired portfolios.
• A change in the company’s fiscal year end from June 30 to December 31, with a six-month transition period covered by a Transition Report on Form 10-KT.
• Internal strategic adjustments such as ceasing indirect auto originations and right-sizing the mortgage banking line of business, which the company expects to result in annual cost savings and changes in noninterest income.
• Restructuring of the bank owned life insurance portfolio into higher-yielding policies, which the company expects to increase annual BOLI income.
• Recognition in external rankings, including S&P Global Market Intelligence’s Top 50 Community Banks list for large community banks and inclusion in Forbes’ America’s Best Banks list, based on metrics such as growth, credit quality, profitability, and stock performance.
• Board authorization and re-authorization of stock repurchase programs, allowing the company to repurchase shares of its common stock subject to market conditions and other considerations.
• The planned transfer of the listing of its common stock from NASDAQ to the New York Stock Exchange and the associated change in trading symbol from HTBI to HTB on the effective date of the transfer.

Technology and digital focus

In its public announcements, HomeTrust Bancshares highlights the importance of technology and digital banking to its operations. The company has created senior leadership roles dedicated to digital strategy and technology, including a Director of Digital Strategy responsible for developing a digital roadmap to drive growth and a Chief Technology Officer responsible for technical direction, infrastructure reliability, performance, and scalability. Management commentary links these roles to the goal of enhancing customer experience across multiple channels and supporting the bank’s growth initiatives and digital strategies.

Community orientation

HomeTrust’s earlier corporate descriptions and more recent management commentary emphasize its heritage and ongoing role as a community-focused institution. The bank notes its support for local communities through financial resources for economic development and support for local non-profits. It has also highlighted its response to events such as Hurricane Helene, including working with affected customers on payment deferrals and maintaining operational continuity across branches and electronic channels during and after the storm.

Stock information and listing

HomeTrust Bancshares, Inc. has publicly reported that its common stock is listed on a national securities exchange. In a news release, the company announced that its common stock, previously listed on the NASDAQ Stock Market under the ticker symbol HTBI, is expected to transfer to the New York Stock Exchange and begin trading under the new ticker symbol HTB on a specified date, with trading on NASDAQ continuing until the close of the market on the last trading day before the transfer. This change reflects a shift in listing venue rather than a change in the company’s role as the holding company for HomeTrust Bank.