NYSE$HTB

Hometrust Bancshares Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported net income of $9.2 million and EPS of $0.60, driven by loan portfolio growth and an increase in net interest income.

HomeTrust Bancshares, Inc. reported a net income of $9.2 million for the first quarter of fiscal year 2023, with diluted earnings per share of $0.60. The company experienced loan portfolio growth and an increase in net interest income, which offset a decrease in noninterest income. The Board of Directors also declared a quarterly cash dividend of $0.10 per common share, an 11.1% increase over the previous quarter's dividend.

  • Net income was $9.2 million, compared to $6.0 million in the previous quarter.
  • Diluted earnings per share increased to $0.60, up from $0.39 in the previous quarter.
  • Net interest income rose to $34.5 million, compared to $28.9 million in the previous quarter.
  • Loan portfolio grew by $98.5 million, representing an annualized growth rate of 14.2%.

Headline financials

Total Revenue

$41.9M

Previous: $38.1M+10.2%
EPS (adj)

$0.60

Previous: $0.65-7.7%
Return on Assets

1.0%

Previous: 1.2%-15.0%
Return on Equity

9.3%

Previous: 10.6%-12.9%
Capital Expenditures

-$616K

Previous: -$2.42M+74.5%
Free Cash Flow

$8.58M

Previous: $8.11M+5.8%
Net Income

$9.2M

Previous: $10.5M-12.6%
Operating Income

$34.4M

Previous: $29.5M+16.5%
Gross Profit

$41.9M

Previous: $36.7M+14.2%
Cash & Equivalents

$94.2M

Previous: $42.6M+121.2%
Total Assets

$3.56B

Previous: $3.48B+2.1%
Stock-Based Comp

$567K

Previous: $415K+36.6%

Revenue & EPS history

Hometrust · Revenue · Quarterly

$41.9M

Q1 2023+10.2%vs Q1 2022
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Hometrust · $6.78M total across 4 segments · Q4 2020

  • Loan sales gain
    $2.37M+11.1%
  • Service charges
    $2.03M-14.3%
  • Other income
    $1.86M+61.0%
  • BOLI income
    $522K-1.3%

Forward guidance

The company will continue to prudently focus on the asset origination capacity of all its lines of business, while maintaining its credit culture.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.4%

Avg return

30 days after

48%

25 / 52 earnings

Positive

+7.3%

Q2 2023

Best reaction

-7.0%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%-0.3%+3.1%
Q3 2025+1.9%+1.3%+1.4%
Q2 2025-0.3%-1.7%+1.9%
Q1 2025-1.5%-1.4%+12.2%
Q4 2024-3.4%-3.4%+0.8%
Q3 2024+3.4%+2.1%+11.7%
Q1 2024+7.1%+4.9%+14.7%
Q4 2023+4.6%+2.6%-4.1%
Q3 2023-1.7%-2.2%-4.4%
Q2 2023+7.3%+9.7%+19.8%
Q1 2023+4.7%+6.0%+10.7%
Q4 2022-4.1%-0.2%+0.4%
Q3 2022-3.1%-6.4%-7.2%
Q2 2022+0.4%-0.6%-2.8%
Q1 2022+2.5%+3.3%+0.9%
Q4 2021-2.0%-2.2%+3.5%
Q3 2021+0.2%+0.6%+6.1%
Q2 2021+5.4%+8.1%+16.1%
Q1 2021+5.5%+11.8%+22.6%
Q4 2020-2.8%-0.4%-1.0%
Q3 2020-7.0%-8.8%-6.7%
Q2 2020+1.4%+0.8%-10.1%
Q1 2020+1.9%+2.7%+0.3%
Q4 2019+2.4%+3.7%-3.2%
Q3 2019-2.1%-0.2%-2.8%
Q2 2019+1.2%+0.4%+2.1%
Q1 2019+2.8%+3.9%+0.8%
Q4 2018+0.9%+2.8%+3.9%
Q3 2018-2.6%-1.7%+0.7%
Q2 2018-1.7%+0.0%+0.4%
Q1 2018+0.4%+1.3%+2.5%
Q4 2017-2.9%-1.2%-4.9%
Q3 2017-2.2%-2.0%-2.0%
Q2 2017-1.2%-2.9%-0.4%
Q1 2017+2.5%+1.8%+31.3%
Q4 2016-0.9%-0.3%+4.3%
Q3 2016+2.4%
Q2 2016-0.8%
Q1 2016-5.3%
Q4 2015-0.5%
Q3 2015-2.2%
Q2 2015-0.6%
Q1 2015+1.1%
Q4 2014-1.0%
Q3 2014-0.1%
Q2 2014-0.9%
Q1 2014-0.2%
Q4 2013-3.3%
Q3 2013+0.2%
Q2 2013+3.7%
Q1 2013-0.4%
Q3 2012+1.6%
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2010
Q4 2010

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