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ASHEVILLE, NC – HomeTrust Bancshares, Inc., the parent company of HomeTrust Bank, has announced it will release its second quarter earnings for fiscal year 2024 before the market opens on July 24, 2024. This information was disclosed in a form 8-K filing with the Securities and Exchange Commission today.
The Asheville-based savings institution, which is federally chartered and operates under the Central Index Key number 0001538263, is expected to provide key financial results and performance indicators for the quarter. Details about the company's performance will be keenly anticipated by investors and analysts alike, as quarterly earnings can influence market perceptions and stock performance.
HomeTrust Bancshares, which trades under the ticker HTBI on the NASDAQ Stock Market LLC, has established itself in the financial sector with a focus on providing various banking services. The announcement of the upcoming earnings release does not include any preliminary results or expectations, keeping with the company's practice of disclosing financial performance on the specified date.
The company, incorporated in Maryland, has its principal executive offices located at 10 Woodfin Street, Asheville, North Carolina. As a federally chartered savings institution, HomeTrust Bancshares is part of the broader savings and loans industry, which has historically focused on accepting savings deposits and providing mortgage and loan services.
The upcoming earnings report will provide a snapshot of HomeTrust Bancshares' financial status and operational progress. The information disclosed in the 8-K filing is based on a press release statement and does not contain forward-looking statements or speculative content.
In other recent news, HomeTrust Bancshares has announced a significant leadership change with the appointment of Charles "Chuck" Sivley as Chief Technology Officer (CTO). Sivley, with an impressive three-decade career in the technology sector, will guide the bank's technological direction and strategy, emphasizing the reliability, performance, and scalability of its technology infrastructure. He will be stepping into the shoes of Marty T. Caywood, the outgoing Chief Information Officer, who will be leaving the company after a 29-year tenure.
Sivley's appointment is part of HomeTrust Bancshares' continued efforts to remain competitive in the rapidly evolving technological landscape of the banking industry. He will join the Executive Operating Committee and report to C. Hunter Westbrook, President & CEO of HomeTrust Bank. His past roles include CIO positions at American National Bank, Highlands Union Bank, and First State Bank of the Southeast.
InvestingPro Insights
As HomeTrust Bancshares, Inc. gears up to release its Q2 2024 earnings, current metrics from InvestingPro reveal noteworthy financial health and market performance. With a market capitalization of $513.5 million and a trailing P/E ratio of 9.03, the company presents a potentially attractive valuation for investors. Notably, HomeTrust Bancshares has demonstrated a robust revenue growth of 22.41% over the last twelve months as of Q1 2024, underscoring its expanding financial footprint.
InvestingPro Tips highlight the company's consistent dividend growth, with dividends raised for 6 consecutive years and a current dividend yield of 1.51%. Additionally, the stock has experienced a strong return over the last three months, with a 20.28% total price return, reflecting investor confidence in the company's performance. For those considering a deeper analysis, InvestingPro offers additional tips on HomeTrust Bancshares, accessible through their platform.
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