Home Bancorp Announces New Share Repurchase Program

Home Bancorp ( (HBCP) ) has shared an announcement.

On April 21, 2025, Home Bancorp announced a new share repurchase program allowing the purchase of up to 400,000 shares, approximately 5% of its outstanding common stock, reflecting confidence in its financial stability. Additionally, the company declared a quarterly cash dividend of $0.27 per share, to be paid on May 16, 2025. The company reported strong financial results for the first quarter of 2025, with net income rising to $11.0 million and growth in loans and deposits, despite an increase in nonperforming assets due to two loan relationships moving to nonaccrual status.

Spark’s Take on HBCP Stock

According to Spark, TipRanks’ AI Analyst, HBCP is a Outperform.

Home Bancorp scores well due to its strong financial performance with robust revenue growth and a solid balance sheet. The technical analysis indicates stable but not strong momentum, while the valuation underscores an attractive investment opportunity with a low P/E ratio and decent dividend yield. The positive earnings call and corporate events further support the outlook, suggesting confidence in future growth.

To see Spark’s full report on HBCP stock, click here.

More about Home Bancorp

Home Bancorp, Inc., the parent company for Home Bank, N.A., operates in the financial services industry, focusing on providing banking services such as loans and deposits. The company is positioned in markets including Houston, Northshore, and New Orleans, with a focus on commercial real estate and multi-family residential loans.

YTD Price Performance: -5.24%

Average Trading Volume: 25,736

Technical Sentiment Signal: Hold

Current Market Cap: $349.4M

Find detailed analytics on HBCP stock on TipRanks’ Stock Analysis page.