Equities analysts expect Home Bancorp, Inc. (NASDAQ:HBCP) to announce $0.89 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Home Bancorp’s earnings, with the lowest EPS estimate coming in at $0.88 and the highest estimate coming in at $0.90. Home Bancorp reported earnings of $0.59 per share during the same quarter last year, which would indicate a positive year over year growth rate of 50.8%. The firm is expected to announce its next quarterly earnings results on Tuesday, October 23rd.
On average, analysts expect that Home Bancorp will report full year earnings of $3.57 per share for the current financial year, with EPS estimates ranging from $3.55 to $3.58. For the next year, analysts expect that the company will report earnings of $3.48 per share, with EPS estimates ranging from $3.40 to $3.55. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Thursday, July 26th. The bank reported $0.93 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.10. The business had revenue of $26.68 million during the quarter, compared to analysts’ expectations of $25.73 million. Home Bancorp had a net margin of 23.13% and a return on equity of 10.63%.
Several institutional investors have recently modified their holdings of HBCP. Mackay Shields LLC purchased a new position in shares of Home Bancorp during the second quarter worth $214,000. Russell Investments Group Ltd. raised its holdings in shares of Home Bancorp by 53.2% during the second quarter. Russell Investments Group Ltd. now owns 6,332 shares of the bank’s stock worth $295,000 after purchasing an additional 2,200 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Home Bancorp by 33.0% during the first quarter. JPMorgan Chase & Co. now owns 7,056 shares of the bank’s stock worth $305,000 after purchasing an additional 1,750 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Home Bancorp by 48.3% during the second quarter. Rhumbline Advisers now owns 7,599 shares of the bank’s stock worth $354,000 after purchasing an additional 2,475 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Home Bancorp by 13.3% during the first quarter. Wells Fargo & Company MN now owns 10,104 shares of the bank’s stock worth $437,000 after purchasing an additional 1,188 shares during the last quarter. 38.96% of the stock is owned by hedge funds and other institutional investors.
NASDAQ HBCP opened at $42.54 on Monday. The firm has a market capitalization of $411.34 million, a price-to-earnings ratio of 15.36 and a beta of 0.07. Home Bancorp has a 12-month low of $34.12 and a 12-month high of $48.47. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.97 and a quick ratio of 0.96.
Home Bancorp Company Profile
Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.
Further Reading: How to calculate the intrinsic value of a stock
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Home Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.