Home Bancorp, Inc. (HBCP) stated financial outcomes for the 3rd quarter of 2019. For the quarter, the Company stated earnings of $6.9 M, or $0.75 per watered down common share (” EPS”), contrast to $6.6 M, or $0.71 EPS, for the second quarter of 2019.
On Tuesday, Home Bancorp, Inc. (NASDAQ: HBCP) stayed among the day gainers and traded with change of 1.05% on volume of 12,722 shares in the last session as compared to average volume of 17807 shares. Throughout last trade its minimum cost was $38.48 and it gained greatest rate of $38.97. HBCP has total market capitalization of $358610158. Its closing value stands at $38.66.
Secret performance metrics for the 3rd quarter of 2019 (contrast to the second quarter 2019) consist of:
Direct Energy Exposure.
The Company holds no shared nationwide credits.
The allowance for loan losses attributable to stemmed direct energy-related loans totaled 2.40% of the outstanding balance of stemmed energy-related portfolio at September 30, 2019, contrast to 2.58% at June 30, 2019.
HBCP is recorded at 0.85 and the relative strength index of the stock stands 46.28. Analyst suggestion for this stock stands at 2.70. A search the firm performance, its month-to-month performance is 0.94% and a quarterly efficiency of 8.72%. The stock rate is trading upbeat from its 200 days moving average with 5.27% and down from 50 days moving typical with -0.59%.
The Company likewise reported that its Board of Directors increased its quarterly money dividend on shares of its common stock to $ 0.22 per share payable on November 22, 2019, to shareholders of record since November 8, 2019.
Loans increased $ 14.5 M, or 3% annualized;
Nonperforming loans lowered $ 1.0 M, or 4%;.
Return typically properties, return typically equity and return typically concrete ordinary equity were 1.23%, 8.64% and 11.39%, respectively;.
The net interest margin decreased 24 basis points, 14 basis points of which wereBecause of the write-off of the FDIC loss sharing indemnification receivable;.
Noninterest income consisted of a non-taxable life insurance advantage of $ 1.2 M;.
Noninterest cost included $ 287,000 ( pre-tax) in expenses related to the departure of a previous executive;.
The Company bought 123,902 shares of regular stock at an average rate of $ 37.32 per share; and.
Bank capital stayed strong with a common equity ratio of 14.19% at quarter end.
” The loan portfolio grew by 3% on an annualized basis and deposit rates increased at a slower rate during the quarter,” specified John W. Bordelon, President and Chief Executive Officer of the Company and the Bank, “Our momentum is building since our bankers are focused on adding value to our customers, serving our communities, and providing a strong return for our shareholders.”.
On Tuesday, Home Bancorp, Inc. (NASDAQ: HBCP) remained among the day gainers and traded with modification of 1.05% on volume of 12,722 shares in the last session as compared to typical volume of 17807 shares. During last trade its minimum cost was $38.48 and it got greatest cost of $38.97. HBCP has total market capitalization of $358610158. A look on the firm performance, its month-to-month performance is 0.94% and a quarterly efficiency of 8.72%. The stock rate is trading upbeat from its 200 days moving typical with 5.27% and down from 50 days moving average with -0.59%.