Home Bancorp, Inc. Announces Quarterly Dividend of $0.31 (NASDAQ:HBCP)

Home Bancorp, Inc. (NASDAQ:HBCP) declared a quarterly dividend on Monday, January 26th. Investors of record on Monday, February 9th will be given a dividend of 0.31 per share by the bank on Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, February 9th.

Home Bancorp has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 10 years. Home Bancorp has a dividend payout ratio of 22.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Home Bancorp to earn $5.22 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 23.8%.

Home Bancorp Price Performance

NASDAQ HBCP traded down $0.73 during trading hours on Tuesday, hitting $59.60. 281 shares of the company’s stock traded hands, compared to its average volume of 27,875. Home Bancorp has a 52-week low of $39.59 and a 52-week high of $64.17. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $466.63 million, a PE ratio of 10.68 and a beta of 0.60. The firm’s 50-day moving average is $58.49 and its 200-day moving average is $55.85.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings data on Monday, January 26th. The bank reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.07. The business had revenue of $37.26 million during the quarter, compared to analysts’ expectations of $33.73 million. Home Bancorp had a return on equity of 10.87% and a net margin of 21.32%. Equities analysts forecast that Home Bancorp will post 4.78 EPS for the current fiscal year.

About Home Bancorp

Home Bancorp, Inc is the bank holding company for The Home National Bank, a full-service financial institution headquartered in Lafayette, Louisiana. The company operates as a regional commercial bank serving individuals, small businesses and municipalities across Louisiana and East Texas. Through its network of branches and digital banking platforms, Home Bancorp offers a range of deposit and lending solutions designed to meet the needs of its local markets.

The company’s core offerings include retail deposit products such as checking, savings and money market accounts, as well as a variety of commercial and consumer lending services.