Home Bancorp, Inc. (HBCP) To Go Ex-Dividend on August 3rd

Home Bancorp, Inc. (NASDAQ:HBCP) announced a quarterly dividend on Monday, July 20th. Investors of record on Monday, August 3rd will be given a dividend of 0.32 per share by the bank on Friday, August 14th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 3rd. This is a 3.2% increase from Home Bancorp’s previous quarterly dividend of $0.31.

Home Bancorp has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 10 years. Home Bancorp has a dividend payout ratio of 23.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Home Bancorp to earn $6.32 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 20.3%.

Home Bancorp Stock Up 0.7%

HBCP opened at $71.34 on Friday. Home Bancorp has a fifty-two week low of $49.49 and a fifty-two week high of $72.44. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a fifty day moving average of $67.75 and a 200-day moving average of $63.72. The company has a market capitalization of $559.52 million, a P/E ratio of 11.93 and a beta of 0.49.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings data on Monday, July 20th. The bank reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. The firm had revenue of $39.72 million during the quarter, compared to the consensus estimate of $38.57 million. Home Bancorp had a net margin of 22.23% and a return on equity of 10.77%. On average, equities analysts expect that Home Bancorp will post 5.98 EPS for the current year.

About Home Bancorp

Home Bancorp, Inc is the bank holding company for The Home National Bank, a full-service financial institution headquartered in Lafayette, Louisiana. The company operates as a regional commercial bank serving individuals, small businesses and municipalities across Louisiana and East Texas. Through its network of branches and digital banking platforms, Home Bancorp offers a range of deposit and lending solutions designed to meet the needs of its local markets.

The company’s core offerings include retail deposit products such as checking, savings and money market accounts, as well as a variety of commercial and consumer lending services.