Financial Performance - For the quarter ended June 30, 2024, net income increased to $27.5 million from $21.8 million in the previous quarter, with diluted EPS rising from $1.30 to $1.61 [1][9] - Annualized ROA improved to 1.25% from 1.06%, while annualized ROE increased to 10.73% from 9.65% [1][24] - Net interest margin decreased to 4.05% from 4.43%, and the provision for credit losses dropped to $5.4 million from $9.2 million [1][5] Noninterest Income and Expense - Noninterest income for the quarter decreased by $698,000, or 7.9%, compared to the previous quarter [8] - Noninterest expense decreased by $346,000, or 1.2%, compared to the previous quarter [9] Interest Income and Expense - Total interest and dividend income for the six months ended June 30, 2024, increased by $19.0 million, or 17.3%, compared to the same period in 2023 [10] - Total interest expense for the three months ended June 30, 2024, increased by $1.1 million, or 5.1%, due to higher average costs of funds and balances across interest-bearing deposits [5] Asset Quality - The provision for credit losses for the six months ended June 30, 2024, was $5.4 million, a decrease of 41% compared to $9.3 million for the same period in 2023 [36][43] - Net loan charge-offs totaled $4.9 million for the six months ended June 30, 2024, compared to $1.3 million for the same period last year, primarily concentrated in the equipment finance portfolio [43] Stockholders' Equity - Stockholders' equity increased by $23.7 million to $523.6 million at June 30, 2024, driven by net income of $27.5 million, partially offset by $3.7 million in cash dividends declared [42]

For the quarter ended June 30, 2024 compared to the quarter ended March 31, 2024: For the six months ended June 30, 2024 compared to the six months ended June 30, 2023: Results for the six months ended June 30, 2023 include the impact of the merger of Quantum Capital Corp. ("Quantum") into the Company effective February 12, 2023. The addition of Quantum contributed total assets of $656.7 million, including loans of $561.9 million, and $570.6 million of deposits, all reflecting the impact of purchase account ...

ASHEVILLE, N.C., July 15, 2024 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) ("Company"), the holding company of HomeTrust Bank ("Bank" or "HTB"), announced that Natasha Drozdak has joined HTB as Senior Vice President, Director of Digital Strategy effective today. Ms. Drozdak will have primary responsibility for developing HTB's digital strategy and roadmap designed to drive growth and innovation for the Bank. She will report directly to C. Hunter Westbrook, President & Chief Executive Office ...

Company Overview - HomeTrust Bancshares Inc is the holding company for HomeTrust Bank with assets totaling $4 7 billion as of March 31 2024 [2] - The bank founded in 1926 operates over 30 locations across North Carolina South Carolina East Tennessee Southwest Virginia and Georgia including major metropolitan areas like Charlotte Raleigh and Atlanta [2] - HomeTrust Bank provides value-added relationship banking through both physical branches and online/mobile channels [2] Leadership and Technology Strategy - Charles Chuck Sivley has been appointed as Chief Technology Officer effective June 10 2024 [10] - Mr Sivley brings over 30 years of technology experience including roles as CIO at multiple banks and a background in digital banking [1][4] - His primary responsibilities include developing the bank's technical direction and strategy ensuring reliability performance and scalability of technology infrastructure [10] - The bank aims to enhance its operating environment remain competitive efficient and safe while improving technology solutions for customers [7] Industry Context - The banking industry is experiencing rapid technological advancements requiring continuous strengthening of operating environments [7] - HomeTrust Bank emphasizes a balanced approach to technology adoption focusing on practical solutions rather than chasing every new trend [7] Organizational Changes - Mr Sivley replaces Marty T Caywood who is retiring after 29 years of service as Chief Information Officer [10] - The new CTO will report directly to President and CEO C Hunter Westbrook and serve on the Executive Operating Committee [10]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number: 001-35593 HOMETRUST BANCSHARES, INC. (Exact name of registrant as specified in its charter) Maryland 45-5055422 (State or other jurisdiction ...

ASHEVILLE, N.C., May 02, 2024 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) ("Company"), the holding company of HomeTrust Bank ("Bank" or "HTB"), today announced that the Bank received a coveted Most Loved Workplace 2024 certification by Newsweek. Created in partnership with the Best Practices Institute, the annual ranking pays tribute to companies that put respect, caring and appreciation for employees at the center of their business model. "We are extremely proud to have HTB recognized by t ...

ASHEVILLE, N.C., April 29, 2024 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) ("Company"), the holding company of HomeTrust Bank ("Bank" or "HTB"), today announced that the Bank received top honors in two nationally recognized bank rankings. HomeTrust has been named a Top 50 Community Bank in S&P Global Market Intelligence's annual rankings for 2023's Best-Performing Large Community Banks with assets between $3 billion and $10 billion. HomeTrust also ranked in the top 100 of Forbes 15th Annua ...

HomeTrust Bancshares, Inc. Announces Financial Results for the First Quarter of the Year Ending December 31, 2024, Declaration of a Quarterly Dividend, and Re-Authorization of Stock Buyback Program "Once again, I am pleased with the continuation of HomeTrust's top quartile financial performance which has led to national recognition from both Forbes and S&P Global," said Hunter Westbrook, President and Chief Executive Officer. "This quarter, we remained focused on further strengthening the balance sheet whic ...

ASHEVILLE, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) ("Company"), the holding company of HomeTrust Bank ("Bank"), today announced preliminary net income for the first quarter of the year ending December 31, 2024 and approval of its quarterly cash dividend. In addition, on April 22, 2024, the Company's Board of Directors re-authorized the repurchase the remaining 266,639 shares of the Company's common stock under the repurchase plan originally authorized in February of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number: 001-35593 HOMETRUST BANCSHARES, INC. (Exact name of registrant as specified in its charter) Maryland 45-5055422 (State or other jurisdic ...