earnings
confidence high
sentiment positive
materiality 0.70
Home Federal posts Q1 net income $1.7M, EPS $0.55; net interest margin expands to 3.90%
Home Federal Bancorp, Inc. of Louisiana
2023-Q1 EPS reported
$0.52
- Q1 net income $1.7M vs $1.4M a year ago; diluted EPS $0.52 vs $0.38.
- Net interest margin 3.90%, up from 3.16%; interest rate spread 3.74% vs 2.98%.
- Loans receivable net grew $18.5M (4.8%) to $406.4M; commercial real estate loans up $13.9M.
- Repurchased 289,900 shares at avg $20.00/share for $5.9M during the quarter.
- Provision for loan losses increased $418,000 to $418,000 (100% increase).