earnings
confidence high
sentiment neutral
materiality 0.55
Home Bancorp Q1 net income $9.2M ($1.14 EPS); NIM 3.64%; NPAs double to $22M
HOME BANCORP, INC.
2024-Q1 EPS reported
$1.14
- Net income $9.2M, diluted EPS $1.14, down from $9.4M ($1.17) in Q4 2023.
- Loans grew $40.1M (1.6%) to $2.6B; deposits up $52M (2%) to $2.7B.
- Net interest margin 3.64%, down 5 bps from 3.69% in prior quarter.
- Nonperforming assets $22.0M (0.65% assets), up from $10.4M due to two relationships; no loss expected.
- Declared $0.25 quarterly dividend payable May 10; repurchased 21,303 shares at $38.78 avg in Q1.