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Mar 31, 2022
Hometrust Q3 2022 Earnings Report
Reported preliminary net income and approved quarterly dividend.
Key Takeaways
HomeTrust Bancshares reported a positive momentum with net income of $8.0 million, EPS of $0.51, and strong commercial loan growth, excluding PPP loans, of $29.8 million.
Net income was $8.0 million, compared to $7.9 million.
Diluted earnings per share (EPS) was $0.51, compared to $0.48.
Net commercial loan growth, excluding PPP loans, was $29.8 million, or 6.0% annualized.
Quarterly cash dividends continued at $0.09 per share, totaling $1.4 million.
Hometrust
Hometrust
Forward Guidance
The Company is well-positioned to benefit from an increase in yield on our loan and investment portfolios going forward.