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]

Financial Highlights - Total assets reached $3443668000 at the end of Q4 2024[7] - Total loans amounted to $2700000000[7] - Total deposits were $2800000000[7] - Net income for Q4 2024 was $9673000[11] - Diluted EPS for Q4 2024 was $121[11] - Net interest income for Q4 2024 reached $31586000[11] Loan Portfolio - Total loans reached $2700000000 with a weighted average rate (WAR) of 643% in Q4 2024[30] - The Houston market experienced a 19% growth rate year-to-date[30] - Owner-occupied (OO) Commercial Real Estate (CRE) portfolio constitutes 26% of total loans[26,31] - Non-owner-occupied (NOO) CRE portfolio, including multifamily, represents 23% of total loans[36] - Commercial & Industrial (C&I) loans make up 154% of total loans[41] - Construction & Development (C&D) portfolio has a total balance of $352300000[47] Deposits - Total deposits amounted to $2780696000 with a year-to-date growth rate of 4% in 2024[71,72] - Non-interest-bearing deposits comprise 26% of the deposit composition[72] - Uninsured deposits are approximately $656000000, representing 24% of total deposits[77]

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].

Wall Street analysts expect Home Bancorp (HBCP) to post quarterly earnings of $1.14 per share in its upcoming report, which indicates a year-over-year decline of 2.6%. Revenues are expected to be $33.95 million, up 3.6% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essential to ...

Investors might want to bet on Home Bancorp (HBCP) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this financial holding company, should get reflected in its stock price. After all, empirical research shows a strong correlati ...