Home Bancorp: Fourth Quarter Earnings Overview

Home Bancorp Reports Strong Fourth-Quarter Earnings

Home Bancorp Inc., headquartered in Lafayette, Louisiana, announced a net income of $11.4 million for the fourth quarter.

The company’s earnings reached $1.46 per share, outperforming the $1.39 per share consensus forecast from analysts polled by Zacks Investment Research.

During the quarter, Home Bancorp generated $52.7 million in total revenue. After accounting for interest expenses, net revenue stood at $38 million, which also exceeded analyst expectations.

Looking at the full year, the financial institution reported a total profit of $46.1 million, translating to $5.87 per share, with annual revenue amounting to $148.7 million.

Financial data for this article was sourced from Zacks Investment Research and compiled by Automated Insights.