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Dec 31, 2021
Hometrust Q2 2022 Earnings Report
Net income increased compared to the corresponding quarter in the previous year.
Key Takeaways
HomeTrust Bancshares, Inc. reported a net income of $11.1 million for the second quarter of fiscal 2022, an increase compared to $9.5 million in the same quarter of the previous year. Diluted earnings per share were $0.68, up from $0.57. The company also saw improvements in annualized return on assets and equity, and net commercial loan growth, excluding PPP loans, increased.
Net income was $11.1 million, compared to $9.5 million.
Diluted earnings per share was $0.68, compared to $0.57.
Annualized return on assets was 1.24%, compared to 1.03%.
Net commercial loan growth, excluding PPP loans, was $41.9 million, compared to a decline of $44.6 million in the prior year.
Hometrust
Hometrust
Forward Guidance
The company will continue to focus on asset origination capacity while maintaining its credit culture.