Home Bancorp (HBCP) AI Stock Analysis

• Market Cap: $336.48M
• Dividend Yield: 2.46%
• Average Volume (3M): 27.29K
• Price to Earnings (P/E): 9.2
• Beta (1Y): 1.02
• Revenue Growth: 11.26%
• EPS Growth: -8.61%
• Country: US
• Employees: 471
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 4.55
• Shares Outstanding: 8,020,878
• 10 Day Avg. Volume: 23,324
• 30 Day Avg. Volume: 27,294
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.67
• Price to Cash Flow (P/CF): 15.40
• P/FCF Ratio: 5.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $54.50
• Price Target Upside: 29.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Home Bancorp's overall stock score reflects a strong financial foundation with notable revenue and loan growth, supported by attractive valuation metrics. The positive sentiment from the earnings call reinforces confidence in future performance. However, technical indicators suggest mixed near-term momentum, and profitability margins require attention for improved efficiency.

Positive Factors

Financial Performance

Analyst upgrades shares of HBCP to an Outperform rating following 3Q24 results that exceeded expectations on both an EPS and PPNR basis.

Profitability

Analyst is assuming coverage on HBCP with an Overweight rating due to its above-peer profitability and discounted P/E multiple.

Negative Factors

Earnings Growth

The lack of larger scale year-over-year EPS growth could inhibit the upside in the multiple to some degree for HBCP.

Home Bancorp Business Overview & Revenue Model

Company Description

Home Bancorp, Inc. (HBCP) is a publicly traded bank holding company headquartered in Lafayette, Louisiana. It primarily operates through its wholly-owned subsidiary, Home Bank, N.A., which provides a range of financial services. The company serves individual and business customers across its branch network, focusing on traditional banking services such as deposits, loans, and mortgages. Its core offerings include personal and business banking, commercial and residential lending, and various deposit products.

How the Company Makes Money

Home Bancorp generates revenue primarily through interest income from its lending activities, including commercial, consumer, and residential mortgage loans. The company also earns income from fees and service charges associated with its deposit accounts and other financial services. Additionally, Home Bancorp may generate revenue through investment securities and other financial instruments. Key factors contributing to its earnings include the interest rate environment, loan demand, and economic conditions in its operating regions. The company's strategic partnerships and community relationships also play a role in driving growth and profitability.

Home Bancorp Financial Statement Overview

Summary

Home Bancorp presents a generally positive financial outlook with strong revenue growth and a solid balance sheet highlighted by low leverage. Nonetheless, there are areas for improvement, including profitability margins and cash flow management. The company is positioned well within its industry, but focus on efficiency and cash flow optimization would enhance financial health.

Income Statement

Home Bancorp's income statement shows a solid revenue growth trend with a 39% increase in total revenue from 2023 to 2024. The gross profit margin is strong at approximately 100% due to the nature of the banking industry. However, the net profit margin decreased from 30.4% in 2023 to 19.7% in 2024, indicating some pressure on profitability. EBIT margins also show a decline, suggesting a need for efficiency improvements.

Balance Sheet

The company's balance sheet is robust, with a low debt-to-equity ratio of 0.35, reflecting conservative leverage. Return on Equity (ROE) is healthy at 9.2% for 2024, slightly down from 10.9% in 2023, which indicates solid profitability relative to shareholder equity. The equity ratio stands at 11.5%, showing a stable capital structure, though slightly lower than industry peers.

Cash Flow

Cash flow analysis reveals a positive trajectory with a 13.6% growth in free cash flow from 2023 to 2024. The operating cash flow to net income ratio is 1.34, indicating strong cash generation relative to earnings. However, free cash flow to net income ratio decreased slightly, showing potential cash flow management issues.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
184.77M	132.49M	131.90M	117.26M	106.52M
	Gross Profit
184.77M	132.49M	131.90M	117.26M	106.52M
	EBIT
182.77M	59.89M	52.28M	60.44M	30.81M
	EBITDA
0.00	0.00	45.97M	64.03M	34.03M
	Net Income Common Stockholders
36.43M	40.24M	34.07M	48.62M	24.77M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
501.34M	75.83M	574.27M	929.42M	443.05M
	Total Assets
3.44B	3.32B	3.23B	2.94B	2.59B
	Total Debt
137.22M	252.49M	390.76M	31.59M	34.36M
	Net Debt
38.67M	176.56M	303.01M	-570.21M	-153.94M
	Total Liabilities
3.05B	2.95B	2.90B	2.59B	2.27B
	Stockholders Equity
396.09M	367.44M	329.95M	351.90M	321.84M
Cash Flow		Free Cash Flow
44.67M	39.33M	48.49M	53.24M	46.88M
	Operating Cash Flow
48.73M	41.36M	51.20M	55.72M	49.03M
	Investing Cash Flow
-107.11M	-94.25M	-495.35M	54.93M	-260.04M
	Financing Cash Flow
81.09M	41.33M	-69.89M	302.85M	359.11M

Home Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 41.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBCP, the sentiment is Negative. The current price of 41.95 is below the 20-day moving average (MA) of 44.55, below the 50-day MA of 46.90, and below the 200-day MA of 44.77, indicating a bearish trend. The MACD of -0.42 indicates Negative momentum. The RSI at 45.70 is Neutral, neither overbought nor oversold. The STOCH value of 42.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HBCP.

Home Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBCP	75 Outperform	$336.48M	9.22	9.54%	2.46%	11.26%	-8.61%
SFBS	70 Neutral	$3.83B	16.89	14.87%	1.76%	16.28%	9.61%
FFIN	69 Neutral	$4.56B	20.45	14.39%	2.26%	18.54%	12.22%
CADE	65 Neutral	$4.84B	9.56	9.75%	3.87%	26.65%	-3.60%
Sector *	64 Neutral	$12.70B	9.08	9.19%	4.89%	16.29%	-8.64%
TRMK	61 Neutral	$1.88B	10.05	2.68%	3.01%	-11.99%	-103.10%

Home Bancorp Corporate Events

Home Bancorp to Release Q1 2025 Earnings Report

Home Bancorp, Inc. announced plans to release its first quarter 2025 earnings on April 21, 2025, followed by a conference call on April 22, 2025, to discuss the results. The earnings release and investor presentation will be available on the company’s website, and stakeholders can access the conference call to hear insights from the company’s leadership.

Home Bancorp Boosts Dividend Amid Strong Financials

Home Bancorp announced a 4% increase in its quarterly dividend to $0.27 per share, payable on February 21, 2025, as part of its 2024 fourth-quarter results. The company reported strong financial performance with a net income of $9.7 million, driven by increased net interest margin and loan growth, alongside improved nonperforming assets, positioning them for continued momentum in 2025.

Home Bancorp to Announce Q4 2024 Earnings Results

Home Bancorp, Inc. has announced its plans to issue the earnings release for the quarter ending on December 31, 2024, after the close of business on January 27, 2025. The company will host a conference call on January 28, 2025, to discuss the fourth quarter results, which will be accessible via their Investor Relations page.