Home Bancorp (NASDAQ:HBCP) Releases Earnings Results, Beats Expectations By $0.23 EPS

Home Bancorp (NASDAQ:HBCP) issued its quarterly earnings results on Monday. The bank reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.23, Zacks reports. Home Bancorp had a net margin of 18.27% and a return on equity of 9.57%. The firm had revenue of $35.76 million for the quarter, compared to analyst estimates of $30.90 million. During the same period last year, the company posted $1.14 EPS.

Home Bancorp Trading Down 0.9 %

Shares of NASDAQ HBCP opened at $43.15 on Tuesday. The stock has a fifty day simple moving average of $45.20 and a 200-day simple moving average of $46.81. Home Bancorp has a twelve month low of $34.51 and a twelve month high of $52.77. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $346.11 million, a PE ratio of 9.48 and a beta of 0.55.

Home Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Monday, May 5th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.50%. Home Bancorp’s dividend payout ratio (DPR) is 23.74%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on HBCP shares. StockNews.com lowered Home Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, March 21st. Piper Sandler assumed coverage on Home Bancorp in a report on Friday, February 21st. They set an “overweight” rating and a $60.00 target price on the stock.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.