NYSE$HTB

Hometrust Bancshares Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported a strong increase in net income and EPS, driven by net interest income and noninterest income growth.

HomeTrust Bancshares, Inc. reported a strong second quarter for fiscal year 2023, with net income increasing to $13.7 million, or $0.90 per diluted share, compared to $9.2 million, or $0.60 per diluted share, for the previous quarter. The results were positively impacted by increases in net interest income and noninterest income. The company also declared a quarterly cash dividend of $0.10 per common share.

  • Net income increased to $13.7 million, or $0.90 per diluted share, compared to $9.2 million, or $0.60 per diluted share, for the previous quarter.
  • Net interest income rose to $37.5 million compared to $34.5 million in the previous quarter.
  • Noninterest income increased to $8.5 million compared to $7.4 million in the previous quarter.
  • The Board of Directors declared a quarterly cash dividend of $0.10 per common share.

Headline financials

Total Revenue

$46M

Previous: $37.3M+23.2%
EPS (adj)

$0.90

Previous: $0.68+32.4%
Capital Expenditures

-$1.16M

Previous: -$4.89M+76.3%
Free Cash Flow

$12.5M

Previous: $6.19M+101.9%
Net Income

$13.7M

Previous: $11.1M+23.3%
Operating Income

$37.7M

Previous: $27.4M+37.6%
Gross Profit

$46M

Previous: $34.9M+31.8%
Cash & Equivalents

$165M

Previous: $34.8M+373.9%
Total Assets

$3.65B

Previous: $3.5B+4.1%
Stock-Based Comp

$464K

Previous: $485K-4.3%

Revenue & EPS history

Hometrust · Revenue · Quarterly

$46M

Q2 2023+23.2%vs Q2 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

No specific forward guidance was provided in the earnings report.

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 Q2 2023

Historical avgQ2 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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