HomeTrust Bancshares (NYSE: HTB) completes buyback, OKs new 832,000-share plan
Rhea-AI Filing Summary
HomeTrust Bancshares, Inc. announced completion of its 5% stock repurchase program that began in December 2025, having repurchased 870,000 shares at an average price of $44.49 per share.
The board also authorized repurchases of up to an additional 832,000 shares of common stock, representing about 5% of currently outstanding shares. HomeTrust is a regional community bank with $4.4 billion in total assets as of June 30, 2026.
Positive
- HomeTrust Bancshares completed a 5% stock repurchase program of 870,000 shares at $44.49 per share and authorized a new program for up to 832,000 additional shares, together covering roughly 10% of its common stock across the two programs.
Negative
- None.
Filing Explained
The new authorization is a ceiling, not a completed repurchase: shares may be bought from time to time in open-market or privately negotiated transactions, depending on market conditions and other factors.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares repurchased under completed program: 870,000 shares
Average repurchase price: $44.49 per share
New repurchase authorization: up to 832,000 shares
+2 more
5 metrics
Shares repurchased under completed program
870,000 shares
Total shares repurchased in 5% stock repurchase program begun in December 2025
Average repurchase price
$44.49 per share
Average price paid for 870,000 shares under completed repurchase program
New repurchase authorization
up to 832,000 shares
Additional shares of common stock authorized for repurchase, about 5% of shares outstanding
Total assets
$4.4 billion
Consolidated assets as of June 30, 2026
Bank locations
over 30 locations
Community bank branches across NC, SC, East TN, Southwest VA, and GA
Key Terms
stock repurchase program, privately negotiated transactions, forward-looking statements, goodwill impairment charges, +1 more
5 terms
stock repurchase program financial
"announces the completion of its 5% stock repurchase program, which began"
A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.
privately negotiated transactions financial
"The shares may be purchased in the open market or in privately negotiated transactions"
Privately negotiated transactions are deals made directly between parties without involving a public marketplace or open auction. They are like private sales between two individuals rather than items sold at a busy marketplace open to everyone. For investors, these transactions can offer more tailored terms and privacy, but they may also carry different risks and less transparency compared to public exchanges.
forward-looking statements regulatory
"This press release includes "forward-looking statements" within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
goodwill impairment charges financial
"costs or difficulties relating to integration matters... and goodwill impairment charges"
Goodwill impairment charges are accounting adjustments that recognize when the extra value a company paid for an acquisition — the premium above the identifiable assets, like brand reputation or customer relationships — is now worth less than recorded. Investors care because these charges lower reported earnings and the company’s book value, like admitting you overpaid for a house and must mark down its value, which can signal weaker future cash flow or raise concerns about management’s judgment.
KBW Honor Rolls financial
"named to the 2026 and 2025 KBW Honor Rolls"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 3, 2026
(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities Registered Pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 8.01 Other Events
On August 4, 2026, HomeTrust Bancshares, Inc., (the "Company") the holding company for HomeTrust Bank, issued the press release attached hereto as Exhibit 99.1 and incorporated herein by reference announcing the completion of its 5% stock repurchase program, which began in December 2025. A total of 870,000 shares were repurchased at an average price of $44.49 per share. In addition, the Company's Board of Directors has authorized the repurchase of up to an additional 832,000 shares of the Company’s common stock, representing approximately 5% of the Company’s currently outstanding shares.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 | Press release dated August 4, 2026 | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HOMETRUST BANCSHARES, INC. | |||||||||||
| Date: August 4, 2026 | By: | /s/ Tony J. VunCannon | |||||||||
| Tony J. VunCannon | |||||||||||
| Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer | |||||||||||
2
HomeTrust Bancshares, Inc. Announces Completion of Previous Stock Repurchase Program and Authorization of New Stock Repurchase Program
ASHEVILLE, N.C., August 4, 2026 – HomeTrust Bancshares, Inc. (the “Company”) (NYSE: HTB), the holding company for HomeTrust Bank, announces the completion of its 5% stock repurchase program, which began in December 2025. A total of 870,000 shares were repurchased at an average price of $44.49 per share. In addition, the Company's Board of Directors has authorized the repurchase of up to an additional 832,000 shares of the Company’s common stock, representing approximately 5% of the Company’s currently outstanding shares. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors.
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 $4.4 billion as of June 30, 2026, the Company’s goal is to be a consistently high-performing regional community bank, guided by our strategy to be a best place to work. Reflecting this focus, 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 2026 and 2025 KBW Honor Rolls. 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 it 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 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; the impact of geopolitical instability and trade policies on our operations including the imposition of tariffs and retaliatory tariffs; natural disasters; 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.
www.htb.com
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