earnings
confidence high
sentiment positive
materiality 0.70
HomeTrust Q1 net income $15.1M, EPS $0.88; declares $0.11 dividend, reauthorizes buyback
HomeTrust Bancshares, Inc.
2024-Q1 EPS reported
$0.88
- Net income $15.1M vs $13.5M prior Q; diluted EPS $0.88 (up from $0.79); ROA 1.37% and ROE 11.91%.
- Net interest margin remained at 4.02%; provision for credit losses fell to $1.2M from $3.4M.
- Quarterly cash dividend $0.11/share declared, payable May 30, 2024 to holders of record May 16, 2024.
- Board re-authorized repurchase of remaining 266,639 shares under existing plan, reflecting optimism.
- CEO cited deposit growth >$100M, strong credit quality; company ceased new transportation equipment finance originations.