HomeTrust Bancshares (NYSE:HTB) Posts Quarterly Earnings Results

HomeTrust Bancshares (NYSE:HTB) posted its quarterly earnings results on Thursday. The company reported $0.93 earnings per share (EPS) for the quarter, FiscalAI reports. HomeTrust Bancshares had a return on equity of 10.90% and a net margin of 21.24%.The business had revenue of $53.90 million for the quarter.

HomeTrust Bancshares Price Performance

Shares of NYSE:HTB traded up $0.01 during midday trading on Thursday, reaching $45.30. 1,566 shares of the company’s stock were exchanged, compared to its average volume of 56,185. HomeTrust Bancshares has a 12 month low of $30.95 and a 12 month high of $47.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.07 and a current ratio of 1.12. The company has a market capitalization of $790.21 million, a price-to-earnings ratio of 12.51 and a beta of 0.88.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Weiss Ratings started coverage on shares of HomeTrust Bancshares in a research report on Wednesday, January 14th. They issued a “buy (b)” rating on the stock. Hovde Group lowered shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.