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ASHEVILLE, N.C. – HomeTrust Bancshares, Inc. (NYSE: HTB), the parent company of HomeTrust Bank, disclosed its preliminary net income for the first quarter ending December 31, 2025, revealing a slight increase in earnings and consistent quarterly cash dividends. The financial results for the quarter ended March 31, 2025, showed a net income of $14.5 million, up from $14.2 million in the previous quarter, and diluted earnings per share (EPS) increased to $0.84 from $0.83. With a market capitalization of $607 million and trading at a P/E ratio of 9.97x, InvestingPro analysis suggests the stock is currently undervalued.
The company also reported an uptick in annualized return on assets (ROA) to 1.33% from 1.27% and annualized return on equity (ROE) to 10.52% from 10.32%. Net interest margin expanded to 4.18% compared to 4.09% in the last quarter, reflecting the company’s strategic focus on financial performance over loan growth. HomeTrust Bancshares recognized a provision for credit losses of $1.5 million, contrasting with a benefit of $855,000 in the prior quarter. The bank maintains a strong financial position, with InvestingPro data showing a "GOOD" overall Financial Health Score and impressive one-year returns of 35%.
During the quarter, HomeTrust Bancshares continued its quarterly cash dividend of $0.12 per share, totaling $2.1 million, and repurchased 14,800 shares of its common stock at an average price of $33.64. The Board of Directors declared a quarterly cash dividend of $0.12 per common share, payable on May 29, 2025, to shareholders of record as of May 15, 2025. According to InvestingPro, the company has consistently raised its dividend for seven consecutive years, demonstrating a strong commitment to shareholder returns.
President and CEO Hunter Westbrook commented on the results, highlighting the bank’s top quartile net interest margin and its conservative approach to risk management. Westbrook also noted the recent transition of the company’s common stock listing to the New York Stock Exchange under the ticker ’HTB’, which is expected to provide greater exposure and long-term value for stockholders.
The bank also announced the sale of its two branches in Knoxville, Tennessee, aiming to tighten its geographic footprint, improve branch efficiencies, and better allocate capital to support growth in other core markets. Despite economic turbulence, the company does not anticipate a significant impact on its business and remains committed to supporting its customers.
The reported financial results are based on a press release statement from HomeTrust Bancshares, Inc. The information presented is factual and free of any promotional content, providing a clear view of the company’s financial performance for the quarter.
In other recent news, HomeTrust Bancshares has announced its plan to release its first-quarter earnings report for 2025 on April 24. This release will provide insights into the company’s financial health and performance at the start of the fiscal year. Additionally, HomeTrust Bancshares has introduced a new non-qualified deferred compensation plan for its directors and eligible senior management. This plan allows participants to defer current compensation to a future date, aligning with tax regulations and providing competitive compensation arrangements.
Furthermore, the company has finalized its executive incentive plan for the fiscal year ending December 31, 2025. The incentives for key executives are tied to financial performance measures, such as adjusted pretax, pre-provision income, and division profitability. In another strategic move, HomeTrust Bancshares is transferring its stock listing from NASDAQ to the New York Stock Exchange, effective February 24, 2025. This transition aims to provide greater exposure and long-term value for stockholders. These developments reflect HomeTrust Bancshares’ ongoing efforts to enhance its financial strategies and market presence.
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