Quarterly ResultApr 20, 2026, 05:01 PM
Home Bancorp Reports Q1 2026 Net Income of $11.4M
AI Summary
Home Bancorp, Inc. reported net income of $11.4 million, or $1.45 per diluted common share, for the first quarter of 2026, a slight decrease from the prior quarter. The company saw strong deposit growth, with deposits increasing 1.8% to $3.0 billion, and an expansion of its net interest margin to 4.16%. However, loans decreased by 0.6% to $2.7 billion, and nonperforming assets increased to $39.9 million, prompting a higher provision for loan losses.
Key Highlights
- Net income was $11.4 million, or $1.45 diluted EPS.
- Deposits increased $54.0 million (1.8%) to $3.0 billion.
- Loans decreased $15.9 million (0.6%) to $2.7 billion.
- Net interest margin (NIM) expanded to 4.16% from 4.06%.
- Nonperforming assets rose to $39.9 million (1.12% of total assets).