earnings
confidence high
sentiment positive
materiality 0.65
HomeTrust Bancshares Q1 net income $14.8M ($0.88 EPS); raises quarterly dividend to $0.11
HomeTrust Bancshares, Inc.
2024-Q1 EPS reported
$2.18
- Net income $14.8M, diluted EPS $0.88, vs $15.0M and $0.90 in prior quarter.
- Net interest margin 4.02%, down 30bps from 4.32%; provision for credit losses surged to $2.6M from $405K.
- Quarterly dividend raised 10% to $0.11/share; payable Nov 30, record Nov 16.
- Nonperforming assets rose 42.4% to $11.8M (0.25% of assets), driven by a $9.0M CRE relationship.
- Net charge-offs $2.6M (0.27% of avg loans) vs $1.2M (0.13%), concentrated in equipment finance and SBA.