Financial Performance - The Company reported net income of $11.0 million, or $1.37 per diluted share, for Q1 2025, an increase of $1.3 million from $9.7 million in Q4 2024[1] - For Q1 2025, reported net income was $10.964 million, an increase of 13.4% from $9.673 million in Q4 2024[34] - Net income increased by 13% to $10,964,000 compared to $9,673,000 in the previous quarter and up 19% from $9,199,000 year-over-year[42] - Earnings per share (EPS) - basic rose to $1.38, reflecting a 13% increase from $1.22 in the previous quarter and a 20% increase from $1.15 year-over-year[42] Loan and Deposit Growth - Total loans reached $2.7 billion at March 31, 2025, up $29.1 million, or 1.1%, from December 31, 2024, with an annualized growth rate of 4%[2] - Total deposits increased to $2.8 billion, up $46.5 million, or 1.7%, from December 31, 2024, reflecting a 7% annualized growth rate[2] - Total deposits decreased by 1% to $2,772,295,000 from $2,789,712,000 in the previous quarter, but increased by 3% from $2,680,909,000 year-over-year[42] Asset Management - Total assets increased to $3.485 billion, a 1% rise from $3.444 billion at the end of Q4 2024[38] - Total assets as of March 31, 2025, were $3,449,472,000, a slight increase from $3,439,925,000 in the previous quarter and up 3% from $3,333,883,000 year-over-year[42] Nonperforming Assets and Loan Losses - Nonperforming assets totaled $21.5 million, or 0.62% of total assets, at March 31, 2025, an increase of $5.9 million, or 38%, from $15.6 million at December 31, 2024[5] - The Company recorded a provision of $394,000 for loan losses in Q1 2025, compared to $873,000 in Q4 2024, with the allowance for loan losses totaling $33.3 million[6] - Provision for loan losses decreased significantly by 55% to $394,000 from $873,000 in the previous quarter, and increased from $141,000 year-over-year[42] - Nonperforming loans totaled $19,047,000, with a nonperforming loans to total loans ratio of 0.69%[45] - The total allowance for loan losses increased to $33,278 million, up from $32,916 million year-over-year, reflecting a rise of 1.1%[48] - The allowance for loan losses to nonperforming assets is reported at 154.99%, demonstrating a strong coverage ratio[48] - The allowance for loan losses to nonperforming loans is at 174.72%, indicating robust risk management practices[48] Income and Expense Management - Noninterest income rose to $4.0 million, up $380,000 or 10% from Q4 2024, primarily due to gains on loan sales[23] - Noninterest expense decreased to $21.6 million, down $776,000 or 3% from Q4 2024, mainly due to lower compensation and benefits[24] - Total interest income for the quarter ended March 31, 2025, was $47,201,000, a decrease of 1% from $47,804,000 in the previous quarter, but an increase of 7% from $44,126,000 year-over-year[42] Capital and Shareholder Returns - Shareholders' equity reached $402.8 million, up $6.7 million or 2% compared to $396.1 million at the end of Q4 2024[25] - The company declared a quarterly cash dividend of $0.27 per share, payable on May 16, 2025[28] - The company repurchased 173,497 shares at an average price of $44.72 during Q1 2025[30] - The Tier 1 leverage capital ratio was 11.48% as of March 31, 2025, compared to 11.38% at the end of Q4 2024[25] - The book value per share increased to $50.82, up from $48.95 at the end of Q4 2024[34] Liquidity and Funding - Total primary and secondary sources of available liquidity amounted to $1.374 billion as of March 31, 2025[27] - The average rate on interest-bearing deposits decreased by 15 basis points from 2.66% in Q4 2024 to 2.51% in Q1 2025[13] - The Company experienced a significant increase in average FHLB advances, which rose to $180.7 million, an increase of $127.7 million, or 241%, from Q4 2024[20] Efficiency and Performance Ratios - The efficiency ratio improved to 60.35%, down from 63.48% in the previous quarter and 64.31% year-over-year[42] - Return on average assets increased to 1.29%, up 15% from 1.12% in the previous quarter and 16% from 1.11% year-over-year[42]

Core Insights - Home Bancorp (HBCP) is expected to report quarterly earnings of $1.14 per share, indicating no change from the previous year, with revenues forecasted at $34.21 million, reflecting a 5.4% year-over-year increase [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating analysts' reassessment of projections [1][2] Financial Metrics - Analysts estimate 'Total nonperforming loans' at $13.43 million, down from $20.35 million year-over-year [4] - 'Total nonperforming assets' are projected to be $15.34 million, compared to $21.95 million in the previous year [4] - The 'Net Interest Margin' is expected to reach 3.8%, an increase from 3.6% year-over-year [4] - 'Total Average Interest-Earning Assets' is forecasted at $3.27 billion, up from $3.13 billion in the same quarter last year [5] - The 'Efficiency Ratio' is likely to be 64.4%, slightly higher than the previous year's 64.3% [5] - 'Total Noninterest Income' is estimated at $3.65 million, compared to $3.55 million year-over-year [6] - 'Net Interest Income' is projected to be $30.86 million, up from $28.90 million in the same quarter last year [6] Market Performance - Over the past month, Home Bancorp shares have declined by 5.5%, while the Zacks S&P 500 composite has decreased by 3.9% [7] - HBCP holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [7]

Banking Operations - The Company operates 18 banking offices in Acadiana, four in Baton Rouge, six in Greater New Orleans, six in the Northshore region, three in Natchez, and six in Houston, Texas[31]. - Since its IPO in October 2008, the Company has acquired six financial institutions, with the latest acquisition of Friendswood Capital Corporation completed on March 26, 2022[31]. Competition - The Company faces significant competition from larger banks, credit unions, mortgage-banking companies, and financial technology companies in originating loans and attracting deposits[31]. Capital Requirements - As of December 31, 2024, the Bank exceeded all regulatory capital requirements, with Tier 1 capital ratio at 11.38%, Tier 1 common equity ratio at 13.28%, and total risk-based capital ratio at 14.51%[52]. - The common equity Tier 1 capital requirement is at least 4.5% of risk-weighted assets, while the leverage capital requirement is at least 4.0% of adjusted total assets[49]. - The Company must maintain a capital conservation buffer greater than 2.5% of risk-weighted assets to make capital distributions and pay discretionary bonuses without restriction[49]. - The Bank must submit a capital restoration plan within 45 days if deemed undercapitalized, and as of December 31, 2024, it was classified as a well-capitalized institution[57]. - The Bank's ability to pay dividends is limited to 100% of net income for the year-to-date plus retained net income for the two preceding years, provided it remains well-capitalized[61]. Regulatory Environment - The Dodd-Frank Act permanently increased deposit insurance to $250,000 for most separately insured deposit relationships[45]. - The FDIC assesses deposit insurance premiums based on the average total assets reduced by the amount of average tangible equity[46]. - The Company qualifies for an exclusion from the Volcker Rule restrictions due to its total consolidated assets being $10 billion or less[42]. - The Economic Growth, Regulatory Relief and Consumer Protection Act provides regulatory relief for community banks, including modifications to certain financial reform rules[35]. - The federal banking agencies have issued guidance focusing on risk management practices for concentrations in commercial real estate lending[65]. Financial Resources - As of December 31, 2024, the Bank had $175.5 million in Federal Home Loan Bank (FHLB) advances and $1.1 billion available on its line of credit with the FHLB[68]. - The Bank is required to maintain FHLB stock of at least 0.4% of its total assets, and as of December 31, 2024, it held $8.6 million in FHLB stock, complying with this requirement[69]. Compliance and Ratings - The Bank received a "Satisfactory" rating under the Community Reinvestment Act in its most recent federal examination[60]. - The Bank has established anti-money laundering compliance programs to prevent the use of the financial system for illegal activities[67]. Cybersecurity - The new cybersecurity rules require the Bank to notify its primary federal regulator of significant cybersecurity incidents within 36 hours[73]. - The Securities and Exchange Commission mandates registrants to disclose material cybersecurity incidents and their impact on operations[74]. Reserve Requirements - The Federal Reserve Board's reserve requirement ratio was reduced to zero percent effective March 26, 2020, and remained at zero percent as of December 31, 2024[70].

Company Overview - Home Bancorp (HBCP) is a financial holding company headquartered in Lafayette, with a stock price change of -0.95% since the beginning of the year [3] - The company currently pays a dividend of $0.27 per share, resulting in a dividend yield of 2.36%, which is higher than the Banks - Southeast industry's yield of 2.25% and the S&P 500's yield of 1.57% [3] Dividend Performance - Home Bancorp's current annualized dividend of $1.08 represents a 6.9% increase from the previous year [4] - Over the past five years, the company has increased its dividend four times, achieving an average annual increase of 3.74% [4] - The current payout ratio is 23%, indicating that the company paid out 23% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate projects earnings of $4.77 per share, reflecting a year-over-year earnings growth rate of 4.61% [5] Investment Appeal - HBCP is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [7]

Company Overview - Home Bancorp (HBCP) is a financial holding company based in Lafayette, operating in the Finance sector with a year-to-date share price change of 7.08% [3] - The company currently pays a dividend of $0.27 per share, resulting in a dividend yield of 2.18%, which is slightly below the Banks - Southeast industry's yield of 2.22% and above the S&P 500's yield of 1.53% [3] Dividend Performance - Home Bancorp's annualized dividend of $1.08 has increased by 6.9% from the previous year [4] - Over the past five years, the company has raised its dividend four times, achieving an average annual increase of 3.74% [4] - The current payout ratio stands at 23%, indicating that the company distributes 23% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Home Bancorp's earnings in 2025 is projected at $4.78 per share, reflecting a year-over-year earnings growth rate of 4.82% [5] Investment Appeal - Home Bancorp is recognized as an attractive dividend investment, supported by a Zacks Rank of 2 (Buy), indicating a compelling investment opportunity [7]

Company Overview - Home Bancorp (HBCP) is headquartered in Lafayette and operates in the Finance sector [3] - The stock has experienced a price change of 4.67% since the beginning of the year [3] Dividend Information - Home Bancorp currently pays a dividend of $0.26 per share, resulting in a dividend yield of 2.15% [3] - The company's annualized dividend of $1.04 has increased by 3% from the previous year [4] - Over the last 5 years, Home Bancorp has raised its dividend 4 times, averaging an annual increase of 3.74% [4] - The current payout ratio is 22%, indicating that 22% of its trailing 12-month earnings per share (EPS) is distributed as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Home Bancorp's earnings in 2025 is $4.63 per share, reflecting a year-over-year growth rate of 1.54% [5] Investment Perspective - Home Bancorp is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]

Q4 2024 Earnings Conference Call Forward-Looking Statements Certain comments in this presentation contain certain forward looking statements (as defined in the Securities Exchange Act of 1934 and the regulations thereunder). Forward looking statements are not historical facts but instead represent only the beliefs, expectations or opinions of Home Bancorp, Inc. and its management regarding future events, many of which, by their nature, are inherently uncertain. Forward looking statements may be identified b ...

Group 1 - Home Bancorp reported revenue of $35.22 million for the quarter ended December 2024, a year-over-year increase of 7.5% [1] - The EPS for the same period was $1.21, compared to $1.17 a year ago, indicating a positive growth trend [1] - The reported revenue exceeded the Zacks Consensus Estimate of $33.95 million by 3.73%, and the EPS also surpassed the consensus estimate of $1.14 by 6.14% [1] Group 2 - Key metrics for Home Bancorp include a Net Interest Margin of 3.8%, which is above the two-analyst average estimate of 3.7% [4] - The Efficiency Ratio was reported at 63.5%, better than the two-analyst average estimate of 65.7% [4] - Total Noninterest Income was $3.63 million, exceeding the two-analyst average estimate of $3.55 million, while Net Interest Income was $31.59 million compared to the $30.40 million average estimate [4] Group 3 - Home Bancorp's shares have returned +3.1% over the past month, outperforming the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Company Performance - Home Bancorp (HBCP) reported quarterly earnings of $1.21 per share, exceeding the Zacks Consensus Estimate of $1.14 per share, and showing an increase from $1.17 per share a year ago, representing an earnings surprise of 6.14% [1] - The company posted revenues of $35.22 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.73%, compared to year-ago revenues of $32.76 million [2] - Over the last four quarters, Home Bancorp has consistently surpassed consensus EPS estimates and revenue estimates [2] Market Outlook - Home Bancorp shares have increased approximately 2.9% since the beginning of the year, while the S&P 500 has gained 3.7% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at $1.09 for the coming quarter and $4.63 for the current fiscal year [4][7] - The Zacks Industry Rank indicates that the Banks - Southeast industry is currently in the top 24% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8] Estimate Revisions - The estimate revisions trend for Home Bancorp is mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Performance - The Company reported net income of $9.7 million, or $1.21 per diluted share, representing a 3% increase from the previous quarter's net income of $9.4 million, or $1.18 per diluted share [2]. - Reported net income for Q4 2024 was $9.673 million, compared to $9.437 million in Q3 2024 [36]. - Net income for the quarter was $9,673 thousand, reflecting a 3% increase compared to $9,437 thousand in the previous quarter and the same percentage increase from $9,385 thousand year-over-year [43]. - Earnings per share (basic) increased to $1.22, a 3% rise from $1.19 in the previous quarter and the same percentage increase from $1.18 year-over-year [45]. Loan and Deposit Growth - Total loans reached $2.7 billion at December 31, 2024, up $49.9 million, or 2%, from September 30, 2024, with an annualized loan growth rate of 7% [5]. - Total loans increased to $2,686,188 thousand, a 1% rise from $2,668,672 thousand in the previous quarter and a 4% increase from $2,572,400 thousand year-over-year [45]. - Total deposits were $2.8 billion at December 31, 2024, up $3.2 million, or less than 1%, from September 30, 2024 [15]. - Total deposits reached $2,789,712 thousand, up 2% from $2,730,568 thousand in the previous quarter and 6% from $2,641,939 thousand year-over-year [45]. Asset Quality - Nonperforming assets decreased to $15.6 million, or 0.45% of total assets, down $2.7 million, or 15%, from the previous quarter [8]. - Nonaccrual loans decreased to $4,591 thousand as of December 31, 2024, from $8,991 thousand on September 30, 2024, indicating a reduction of approximately 48.9% [48]. - Total nonperforming loans amounted to $13,598 thousand as of December 31, 2024, down from $18,089 thousand on September 30, 2024, representing a decline of about 24.9% [48]. - The ratio of nonperforming assets to total assets was 0.45% as of December 31, 2024, compared to 0.53% on September 30, 2024, showing an improvement [48]. Provision and Allowance for Loan Losses - The Company recorded a provision for loan losses of $873,000 in the fourth quarter, compared to $140,000 in the third quarter, primarily due to loan growth [9]. - Provision for loan losses was $873 thousand, significantly higher than $140 thousand in the previous quarter, reflecting increased caution in lending [43]. - The allowance for loan losses increased to $32,916 thousand as of December 31, 2024, from $32,278 thousand on September 30, 2024, reflecting a rise of approximately 2.0% [50]. - The total allowance for credit losses was $35,616 thousand as of December 31, 2024, compared to $34,738 thousand on September 30, 2024, marking an increase of about 2.5% [50]. Interest Income and Margin - The net interest margin (NIM) increased to 3.82%, up 11 basis points from 3.71% in the previous quarter, primarily due to lower funding costs [5]. - Net interest income rose to $31,586 thousand, up 4% from $30,382 thousand in the prior quarter, and 8% from $29,282 thousand year-over-year [43]. Shareholder Returns - The Company declared a quarterly cash dividend of $0.27 per share payable on February 21, 2025 [31]. - The Company repurchased 2,000 shares of common stock during Q4 2024 at an average price of $49.11 [32]. Other Financial Metrics - The efficiency ratio improved to 63.48%, down from 65.32% in the previous quarter, indicating better cost management [45]. - The return on average assets was 1.12%, slightly up from 1.10% in the previous quarter [45]. - Shareholders' equity totaled $396.1 million at December 31, 2024, up $2.6 million, or 1%, compared to $393.5 million at September 30, 2024 [28].