earnings
confidence high
sentiment positive
materiality 0.75
Home Bancorp Q3 EPS $1.28, NIM expands 35bps; dividend up 4% to $0.24
HOME BANCORP, INC.
2022-Q3 EPS reported
$2.84
- Net income $10.4M ($1.28 diluted EPS), up from $8.5M ($1.03) in Q2 2022.
- Loans grew $78.6M (4% QoQ) to $2.3B; ex-PPP loans up $83.6M (15% annualized).
- Net interest margin improved 35bps to 4.11%; net interest income $32.0M, up 9% QoQ.
- Quarterly dividend increased 4% to $0.24/share, payable Nov 10 to holders of record Oct 31.
- Company repurchased 77k shares at avg $37.06; $1.7M provision for loan losses due to loan growth.