Home Bancorp Q3 net income $9.8M ($1.22 EPS), NIM down to 3.75%; new share repurchase plan for 5% of shares

HOME BANCORP, INC.

2023-Q3 EPS reported $3.82

Net income of $9.8M ($1.22 diluted EPS) essentially flat vs Q2; NIM declined 19 bp to 3.75% on higher deposit costs.
Loans grew $58.3M (+2.3%) to $2.6B; deposits up $45.8M (+2%) to $2.6B; provision $351k for loan growth.
Nonperforming assets stable at $12.3M (0.37% of assets); net loan recoveries of $132k.
Board approved new share repurchase plan for up to 405,000 shares (~5% of outstanding); quarterly dividend $0.25/share.
Q3 share repurchases: 37,805 shares at avg $32.63; book value per share $42.30, tangible book $31.67.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HOME BANCORP, INC. reported the third quarter of 2023 results: net income $9.8 million, EPS $1.22 per diluted common share.

Period: the third quarter of 2023
Net income: $9.8 million
EPS: $1.22 per diluted common share
Result: reported results

Exact text from the filing

announced its results of operations for the quarter ended September 30, 2023. A copy of the related press release (the "Press Release") is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

View on SEC.gov

Browse all earnings releases →

HOME BANCORP, INC. filing history →

Source: SEC EDGAR

accession 0001436425-23-000049

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.