Hometrust Bancshares (HTB) AI Stock Analysis

• Market Cap: $592.39M
• Dividend Yield: 1.44%
• Average Volume (3M): 42.77K
• Price to Earnings (P/E): 10.5
• Beta (1Y): 1.18
• Revenue Growth: 11.01%
• EPS Growth: 7.84%
• Country: US
• Employees: 539
• Sector: Financial
• Sector Strength: 86
• Industry: Banks - Regional
• EPS (TTM): 3.20
• Shares Outstanding: 17,550,627
• 10 Day Avg. Volume: 42,691
• 30 Day Avg. Volume: 42,770
• PEG Ratio: 1.35
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• 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: $43.00
• Price Target Upside: 34.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Hometrust Bancshares is a fundamentally strong company with robust financials and a stable balance sheet, largely contributing to its favorable score. Despite a bearish technical outlook, the stock's reasonable valuation and moderate dividend yield bolster its attractiveness. The lack of recent earnings call data or significant corporate events suggests no immediate catalysts for change.

Positive Factors

Earnings Outlook

Analysts forecast above-peer net interest margin (NIM) for Hometrust Bancshares, maintaining a tight range with forecasted NIMs above consensus and well above peers.

Market Position

Hometrust Bancshares is focused on high-growth markets, blending personalized service with innovation to strengthen communities.

Valuation

Hometrust Bancshares trades at a discount compared to regional and bank peers, which is viewed as unwarranted based on its fundamental outlook and scarcity value as the second largest bank under $10B in assets headquartered in North Carolina.

Negative Factors

Interest Rates

Rate cuts pressuring loan yields and lacking a meaningful offset to net interest income headwinds, revenue headwinds will be apparent for the next several quarters.

Loan Growth

Loan growth was subdued (and expected to be muted N-T) while credit metrics remained elevated.

Valuation Risk

HTBI shares trade at 12.9x our 2025E EPS and 1.16x TBV versus its peer medians at 11.4x and 1.46x, respectively, where we view the P/E premium to peers as at risk given NIM/EPS headwinds despite Market Perform.

Hometrust Bancshares Business Overview & Revenue Model

Company Description

HomeTrust Bancshares, Inc. is a bank holding company headquartered in Asheville, North Carolina. It operates through its subsidiary, HomeTrust Bank, which provides a range of financial services. The bank offers personal and business banking products, including checking and savings accounts, loans, mortgages, and investment services. It primarily serves individuals, small to medium-sized businesses, and professionals in its local communities across North Carolina, South Carolina, Tennessee, and Virginia.

How the Company Makes Money

HomeTrust Bancshares, Inc. generates revenue primarily through interest income from loans and mortgages issued to individuals and businesses. The bank earns interest by lending out deposits at higher interest rates than it pays to depositors. Other significant revenue streams include fees from various banking services such as account maintenance, overdrafts, and transaction processing. Additionally, HomeTrust Bank may earn income from investment securities and asset management services. The company's earnings are influenced by factors such as interest rate fluctuations, economic conditions in its operating regions, and the overall demand for banking services.

Hometrust Bancshares Financial Statement Overview

Summary

Hometrust Bancshares demonstrates strong financial performance with solid revenue growth, effective cost management, and improving cash flow. The balance sheet is stable with moderate financial leverage, although increasing liabilities require monitoring.

Income Statement

Hometrust Bancshares has demonstrated strong revenue growth, with consistent increases in total revenue over the past years, highlighted by a TTM growth. Gross profit margins are high given the nature of banking, with a strong net profit margin reflecting effective cost management. EBIT and EBITDA margins are healthy, indicating operational efficiency and robust earnings potential.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, indicating balanced financial leverage. Return on Equity (ROE) is solid, showcasing effective use of shareholders' equity to generate profits. The equity ratio is stable, suggesting a strong capital base and financial stability. However, increasing total liabilities may pose future risks.

Cash Flow

Free cash flow has seen improvement, moving from negative to positive territory, indicating better cash management. Operating cash flow to net income ratio is positive, reflecting solid cash generation from operations. However, historical fluctuations in operating cash flow could signal potential volatility in cash management.

Breakdown
TTM	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019
Income Statement		Total Revenue
283.67M	186.37M	149.97M	143.21M	133.90M	129.33M
	Gross Profit
283.67M	186.37M	149.97M	143.21M	133.90M	129.33M
	EBIT
35.24M	67.33M	62.27M	19.10M	28.81M	64.32M
	EBITDA
40.77M	-628.00K	57.18M	0.00	33.59M	36.29M
	Net Income Common Stockholders
54.06M	49.64M	35.65M	15.68M	22.78M	27.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
272.99M	488.57M	255.65M	247.57M	304.85M	244.83M
	Total Assets
3.41B	4.61B	3.55B	3.52B	3.72B	3.48B
	Total Debt
689.90M	210.23M	8.40M	115.00M	475.00M	681.88M
	Net Debt
566.65M	-126.42M	-120.27M	23.89M	297.69M	558.83M
	Total Liabilities
3.00B	4.14B	3.16B	115.00M	475.00M	681.88M
	Stockholders Equity
410.97M	499.89M	388.85M	396.52M	408.26M	408.90M
Cash Flow		Free Cash Flow
37.83M	-57.15M	25.29M	-22.56M	-58.98M	-11.04M
	Operating Cash Flow
93.26M	-42.40M	34.80M	2.76M	-42.06M	7.66M
	Investing Cash Flow
-14.60M	-121.13M	33.17M	156.30M	-124.94M	-150.49M
	Financing Cash Flow
-77.96M	66.34M	-13.84M	-229.69M	217.57M	143.12M

Hometrust Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 32.03
• 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 HTB, the sentiment is Negative. The current price of 32.03 is below the 20-day moving average (MA) of 33.54, below the 50-day MA of 35.13, and below the 200-day MA of 34.38, indicating a bearish trend. The MACD of -0.33 indicates Negative momentum. The RSI at 43.82 is Neutral, neither overbought nor oversold. The STOCH value of 51.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HTB.

Hometrust Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MCB	76 Outperform	$555.64M	8.36	9.60%	―	22.03%	-14.18%
CCBG	75 Outperform	$568.59M	10.69	11.22%	2.73%	3.47%	-1.52%
HTB	71 Outperform	$592.39M	10.55	10.32%	1.44%	11.01%	7.84%
HBNC	66 Neutral	$610.04M	17.24	4.78%	4.92%	10.94%	26.35%
Sector *	64 Neutral	$13.21B	9.26	9.39%	4.87%	16.14%	-8.87%
EGBN	59 Neutral	$618.02M	―	-3.76%	4.04%	9.77%	-147.04%
MOFG	54 Neutral	$538.92M	―	-11.12%	3.75%	-23.44%	-404.42%

Hometrust Bancshares Corporate Events

Hometrust Bancshares Launches New Deferred Compensation Plan

On March 27, 2025, HomeTrust Bancshares’ Board of Directors approved a new non-qualified deferred compensation plan, effective April 1, 2025, replacing the previous plan frozen on December 31, 2024. This plan allows directors and eligible senior management to defer compensation and choose investment options, aiming to comply with tax regulations and offer tax deferral benefits.