Home Bancorp Q3 net income, EPS fall from prior quarter on deposit pricing pressure

Home Bancorp

19/10/2026 21:28

Overview
US regional bank's Q3 net income and EPS declined from the prior quarter
Net interest income remained essentially stable compared to the previous quarter
Nonperforming assets rose due to loans moved to nonaccrual status

Outlook
Company says it remains focused on protecting capital and preserving liquidity
Company does not anticipate sizable losses from recently identified credit issues

Result Drivers
DEPOSIT COSTS - Co said continued deposit pricing pressure weighed on net interest margin and earnings
NONACCRUAL LOANS - Co attributed rise in nonperforming assets to six loan relationships moved to nonaccrual status
BALANCE SHEET MANAGEMENT - Co said active balance sheet management partially offset impact of credit issues and higher funding costs

Company press release: ID:nPn234F3Ja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
 
$1.28
 
Q3 Net Income
 
$10.10 mln
 
Q3 Net Interest Income
 
$35.90 mln
 
Q3 Net Interest Margin
 
4.19%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Home Bancorp Inc is $72.50, about 10% above its October 16 closing price of $65.90
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Oct 19 - Washington Trust Bancorp Q3 net income rises sequentially on higher net interest income
Oct 19 - ServisFirst Bancshares Q3 profit jumps on loan growth, wider interest margin 
Oct 19 - Peoples Bancorp of North Carolina Q3 net earnings rise on loan growth

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)