UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: June 30, 2025 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-34190 HOME BANCORP, INC. (Exact name of Registrant as specified in its charter) Louisiana 71-1051785 (State or Other Jurisdicti ...

Core Insights - Home Bancorp reported a second quarter net income of $11.3 million, translating to $1.45 per share, which is an increase of $0.08 from the first quarter and $0.43 from the same period last year [4]. Financial Performance - The net interest margin expanded for the fifth consecutive quarter, reaching 4.04% [4]. - Return on assets (ROA) increased by 2 basis points to 1.31% [4]. - The margin expansion was primarily driven by an 8 basis point increase in earning asset yields, stable interest-bearing deposit costs, loan growth, and a 6% increase in noninterest-bearing deposits [4].

Financial Data and Key Metrics Changes - The company reported a net income of $11.3 million, or $1.45 per share, which is an increase of $0.08 from the previous quarter and $0.43 from a year ago [3][4] - Net interest margin (NIM) expanded for the fifth consecutive quarter to 4.04%, a 13 basis point increase from the prior quarter [4][9] - Return on assets (ROA) increased by two basis points to 1.31% [4] Business Line Data and Key Metrics Changes - Loans grew by $17.3 million in the second quarter, approximately 3%, but were negatively impacted by slower commercial construction activity and $20 million in paydowns [4][9] - Noninterest-bearing deposits increased by $41.9 million, remaining at 27% of total deposits at the end of the quarter [5][13] - Classified and nonperforming loans increased primarily due to four loans downgraded during the quarter totaling $18 million [5][11] Market Data and Key Metrics Changes - Deposits increased at an annual rate of 11% in the second quarter, with a focus on funding loan growth with core deposits [5][13] - The cost of interest-bearing liabilities decreased by three basis points to 2.71% due to strong deposit growth [13] Company Strategy and Development Direction - The company is committed to finding partners for mergers and acquisitions that are a good long-term fit, with solid capital levels and improving valuation [6][7] - The focus has shifted towards core deposit growth, with changes in incentive plans to prioritize core deposits over loan growth [43] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's outlook and ability to deliver on high expectations, citing a strong leadership team with a track record of outperforming peers [8] - There is an expectation that loan growth will pick up if there are one or two rate cuts in the second half of the year [4][5] Other Important Information - Noninterest expenses increased by $828,000 to $22.4 million, primarily due to compensation-related expenses [14][15] - The company has repurchased 147,000 shares at an average price of $43.72, with about 391,000 shares remaining on the buyback plan [17][18] Q&A Session Summary Question: Can you provide more color on loan growth trends and the need for rate cuts? - Management indicated that there is some demand waiting for lower interest rates, and paydowns have negatively impacted growth rates [23][24] Question: What is the best-case scenario for net interest income (NII) in a rate cut environment? - Management believes that a steeper rate curve with rate cuts could still support an expanding NIM, with new higher-yielding investments coming in [26][27] Question: How productive are the new branch locations expected to be? - Management expects the new branches to be considerably productive, especially in attracting more deposits from commercial customers [41][42] Question: Were there any one-time factors that accelerated NIM expansion this quarter? - Management confirmed there were no one-time adjustments impacting NIM in an upward trajectory [48] Question: What are the criteria for potential M&A opportunities? - The company is looking at opportunities in the $350 million to $1 billion range, primarily in Texas and Louisiana [58][60]

Financial Data and Key Metrics Changes - The company reported a net income of $11.3 million, or $0.45 per share, which is an increase of $0.08 from the previous quarter and $0.43 from a year ago [4] - Net interest margin (NIM) expanded for the fifth consecutive quarter to 4.04%, a 13 basis point increase from the prior quarter [5][9] - Return on assets (ROA) increased by two basis points to 1.31% [5] Business Line Data and Key Metrics Changes - Loans grew by $17.3 million in the second quarter, approximately 3%, but were negatively impacted by slower commercial construction activity and $20 million in paydowns [5][10] - Noninterest bearing deposits increased by $41.9 million, remaining at 27% of total deposits at the end of the quarter [6][14] - Classified and nonperforming loans increased primarily due to four loans downgraded during the quarter totaling $18 million [6][12] Market Data and Key Metrics Changes - The company experienced an 11% annual rate increase in deposits during the second quarter [6] - The cost of interest-bearing liabilities decreased by three basis points to 2.71% [14] - The overall cost of deposits in Q2 was 1.84%, a decline of one basis point quarter over quarter [15] Company Strategy and Development Direction - The company is focused on funding loan growth with core deposits and reducing the loan-to-deposit ratio to a target range of 90% to 92% [6] - There is a commitment to finding long-term partners for mergers and acquisitions, with a focus on maintaining solid capital levels and improving valuation [7][18] - The company aims to attract more deposits through upgraded branch locations, particularly in Houston [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's outlook and ability to deliver on high expectations, citing strong leadership and a track record of outperforming peers [8] - The management anticipates that loan growth will pick up if there are one or two rate cuts in the second half of the year [5] - The company expects to see margin and revenue growth as a significant portion of the investment portfolio is projected to be paid off over the next three years [11] Other Important Information - Noninterest expenses increased by $828,000 to $22.4 million, primarily due to compensation-related expenses [15][16] - The company has repurchased 147,000 shares at an average price of $43.72, with about 391,000 shares remaining on the buyback plan [17] - The tangible book value per share has grown at an 8% annualized growth rate since February 2019 [18] Q&A Session Summary Question: Can you provide more details on loan growth trends and the need for rate cuts? - Management indicated that some demand is waiting for lower interest rates, and paydowns have negatively impacted growth rates [23][25] Question: What is the best-case scenario for net interest income (NII) in a rate cut environment? - Management believes that a steeper rate curve with rate cuts could still support an expanding NIM, and they expect NII to continue to increase [26][27] Question: How productive will the new branch locations be? - Management expects the new branches to be considerably productive, especially in attracting more deposits from commercial customers [35] Question: Has there been any change in strategy for growing DDA balances? - The company has focused on core deposit growth and changed its incentive plan to prioritize core deposits over loan growth [37] Question: Were there any one-time factors that accelerated NIM expansion this quarter? - Management confirmed that there were no one-time adjustments impacting NIM in an upward trajectory [39] Question: What are the criteria for potential M&A opportunities? - The company is looking at larger acquisitions now that its stock is trading at a higher valuation, primarily focusing on Texas and Louisiana [48][49]

Financial Highlights - Total assets reached $35 billion as of June 30, 2025[10] - Total loans amounted to $28 billion[10] - Total deposits were $29 billion[10] - Net interest margin (NIM) increased to 404% in Q2 2025[14] - Return on average assets (ROA) was 131% in Q2 2025[14] Loan Portfolio - Total loans reached $28 billion with a YTD annualized growth rate of 3%[30] - Houston market experienced an 18% annualized growth rate YTD[30] - Commercial Real Estate Owner Occupied (CRE OOO) loans constitute 26% of the total loan portfolio[29] - Commercial & Industrial (C&I) loans make up 153% of the total loans[41] Deposits - Total deposits reached $2908234 thousand in Q2 2025[71] - Non-interest bearing deposits represent 27% of the total deposit composition[72] - The annualized deposit growth rate for 2025 is 9%[72]

For the quarter ended June 2025, Home Bancorp (HBCP) reported revenue of $37.07 million, up 11.8% over the same period last year. EPS came in at $1.45, compared to $1.02 in the year-ago quarter.The reported revenue represents a surprise of +3.54% over the Zacks Consensus Estimate of $35.8 million. With the consensus EPS estimate being $1.24, the EPS surprise was +16.94%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

For further information contact: John W. Bordelon, Chairman of the Board, President and CEO (337) 237-1960 Release Date: July 21, 2025 For Immediate Release HOME BANCORP, INC. ANNOUNCES 2025 SECOND QUARTER RESULTS AND INCREASES QUARTERLY DIVIDEND BY 7% Lafayette, Louisiana – Home Bancorp, Inc. (Nasdaq: "HBCP") (the "Company"), the parent company for Home Bank, N.A. (the "Bank") (www.home24bank.com), reported financial results for the second quarter of 2025. For the quarter, the Company reported net income o ...

Core Viewpoint - Home Bancorp, Inc. (HBCP) has reached a significant support level and is considered a strong investment opportunity due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - HBCP's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a bullish breakout [1] - A golden cross is formed when a stock's short-term moving average surpasses a longer-term moving average, typically the 50-day and 200-day, which are seen as stronger indicators of future price movements [1][2] Performance Metrics - Over the past four weeks, HBCP has experienced a gain of 19.1% [3] - The stock currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting it is well-positioned for further gains [3] Earnings Outlook - HBCP's earnings outlook is positive, with no earnings estimates cut and two revisions higher in the past 60 days [3] - The Zacks Consensus Estimate for HBCP has also increased, reinforcing the bullish sentiment [3][4] Investment Consideration - The combination of positive earnings estimate revisions and the technical breakout suggests that investors should monitor HBCP for potential gains in the near future [4]

Financial Performance - Net income for the three months ended March 31, 2025, was $10,964 thousand, up 19.2% from $9,199 thousand for the same period in 2024[12]. - Earnings per share (EPS) increased to $1.38 for the three months ended March 31, 2025, compared to $1.15 for the same period in 2024, representing a growth of 20%[12]. - Noninterest income for the three months ended March 31, 2025, was $4,009 thousand, a 13% increase from $3,549 thousand in the same period of 2024[12]. - Comprehensive income for the three months ended March 31, 2025, was $15,861 thousand, significantly higher than $7,080 thousand for the same period in 2024[14]. - Net cash provided by operating activities increased to $12,576,000, up from $10,323,000, reflecting a growth of 12.1% year-over-year[19]. Asset Growth - Total assets increased to $3,485,453 thousand as of March 31, 2025, compared to $3,443,668 thousand at December 31, 2024, reflecting a growth of 1.2%[10]. - Total loans, net of unearned income and allowance for loan losses, rose to $2,713,999 thousand as of March 31, 2025, from $2,685,269 thousand at December 31, 2024, an increase of 1.1%[10]. - Total deposits increased to $2,827,207 thousand as of March 31, 2025, from $2,780,696 thousand at December 31, 2024, marking a growth of 1.7%[10]. - Cash and cash equivalents at the end of the period were $110,662,000, up from $90,475,000 at the end of the same period last year[19]. Loan Portfolio - Total loans as of March 31, 2025, amounted to $2,747,277,000, an increase from $2,718,185,000 as of December 31, 2024, indicating a growth of 1.07%[41]. - The commercial real estate loans totaled $1,193,364,000 as of March 31, 2025, up from $1,158,781,000 at the end of 2024, indicating an increase of approximately 2.98%[45]. - One- to four-family first mortgage loans stood at $504,356,000 as of March 31, 2025, showing a slight increase from $501,225,000 at the end of 2024[45]. - The consumer loans increased to $29,998,000 as of March 31, 2025, from $29,624,000 at the end of 2024, representing a growth of about 1.26%[45]. Loan Loss Provisions - The provision for loan losses was $394 thousand for the three months ended March 31, 2025, compared to $141 thousand for the same period in 2024, indicating a significant increase in provisioning[12]. - The allowance for loan losses stood at $33,278 thousand as of March 31, 2025, compared to $32,916 thousand at December 31, 2024, indicating a slight increase[10]. - The allowance for credit losses (ACL) totaled $35,978,000 as of March 31, 2025, which includes $33,278,000 for loan losses and $2,700,000 for unfunded lending commitments[44]. - The provision for credit losses for the three months ended March 31, 2025, was $(226,000), while recoveries amounted to $194,000, leading to an ending balance of $35,978,000[48]. Dividend and Shareholder Returns - Cash dividends declared per common share increased to $0.27 for the three months ended March 31, 2025, compared to $0.25 for the same period in 2024, reflecting an 8% increase[12]. - The company paid $2,186,000 in dividends to shareholders, compared to $2,038,000 in the previous year[19]. Investment Securities - Total available for sale investment securities decreased in fair value to $400,553,000 as of March 31, 2025, from $402,792,000 at December 31, 2024[30]. - The effective duration of the company's investment securities portfolio was 3.7 years as of March 31, 2025, compared to 3.9 years at December 31, 2024[30]. - The total amortized cost of the Company's held-to-maturity securities was $1,065,000, with no ACL required as of March 31, 2025[35]. Derivative Instruments - The Company estimates that an additional $1,607,000 will be reclassified as interest expense over the next twelve months due to cash flow hedges[78]. - Accumulated unrealized gains on derivative instruments decreased from $2,418,000 to $1,775,000, a decline of 26.6%[83]. - The fair value of interest rate swaps designated as cash flow hedges was $2,411,000 as of March 31, 2025, down from $3,241,000 on December 31, 2024[81]. Nonperforming Loans - Nonaccrual loans totaled $18,970,000 as of March 31, 2025, compared to $13,582,000 as of December 31, 2024, indicating an increase of 39.5%[59]. - Total past due loans reached $24,474,000 as of March 31, 2025, up from $20,601,000 as of December 31, 2024, representing a 19.5% increase[56]. - The company reported $77,000 in loans greater than 90 days past due as of March 31, 2025, compared to $16,000 as of December 31, 2024[58].

Core Viewpoint - Home Bancorp (HBCP) is positioned as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price gains [1][2]. Earnings Estimate Revisions - Analysts are increasingly optimistic about Home Bancorp's earnings prospects, leading to higher earnings estimates that are expected to positively impact the stock price [2]. - The current quarter's earnings estimate is projected at $1.24 per share, reflecting a year-over-year increase of +21.57%. Over the last 30 days, the consensus estimate has risen by 5.98% with two upward revisions and no negative changes [6]. - For the full year, the earnings estimate stands at $5.05 per share, representing a +10.75% change from the previous year. Similar to the current quarter, there have been two upward revisions in the past month with no negative revisions [7]. Zacks Rank and Performance - Home Bancorp has achieved a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts regarding the positive revisions in earnings estimates. This ranking is associated with a historical average annual return of +25% for Zacks 1 Ranked stocks since 2008 [3][8]. - The favorable estimate revisions have contributed to a notable stock performance, with shares increasing by 8.7% over the past four weeks, suggesting investor confidence in the company's earnings growth potential [9].