Quarterly ResultMay 14, 2026, 01:21 PM
Home Federal Bancorp Q3 Net Income +96.8% to $1.47M; EPS $0.49
AI Summary
Home Federal Bancorp, Inc. of Louisiana reported a significant increase in net income for the three and nine months ended March 31, 2026. Net income for the quarter rose by 96.8% to $1.47 million, with diluted earnings per share increasing by 100% to $0.48. The company also saw growth in total assets and deposits, alongside an increase in net interest income and a decrease in total interest expense.
Key Highlights
- Net income for the three months ended March 31, 2026, increased by 96.8% to $1.47 million from $0.75 million in the prior year.
- Diluted EPS for the three months ended March 31, 2026, rose by 100% to $0.48 from $0.24 year-over-year.
- Net income for the nine months ended March 31, 2026, increased by 75.3% to $4.75 million from $2.71 million in the prior year.
- Total assets grew by 5.3% to $641.65 million as of March 31, 2026, compared to $609.49 million at June 30, 2025.
- Total deposits increased by 5.1% to $574.43 million as of March 31, 2026, from $546.29 million at June 30, 2025.
- Net interest income for the three months ended March 31, 2026, increased by 15.7% to $5.41 million.
- Loans receivable, net, increased by 3.9% to $478.93 million as of March 31, 2026.
- Total stockholders' equity increased by 5.1% to $58.00 million as of March 31, 2026.
Price Impact
More from HFBL