Revenue Update on Home Bancorp(NASDAQ:HBCP)

Home Bancorp(NASDAQ:HBCP) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $18.36M. Analysts estimated a revenue of $15.65M. Earnings per share were $0.53. Analysts had estimated an EPS of $0.56.

Home Bancorp (HBCP) made into the market gainers list on Fridays trading session with the shares advancing 0.70% or 0.2 points. Due to strong positive momentum, the stock ended at $28.94, which is also near the day’s high of $29.37. The stock began the session at $29.36 and the volume stood at 14,905 shares. The 52-week high of the shares is $29.37 and the 52 week low is $21.29. The company has a current market capitalization of $210 M and it has 72,60,671 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Donald W Washington (director) purchased 800 shares at $27.44 per share price.Also, On May 23, 2016, Richard J Bourgeois (director) sold 6,250 shares at $28.15 per share price.On Aug 19, 2015, Darren E. Guidry (Executive Vice President) sold 1,839 shares at $24.33 per share price, according to the Form-4 filing with the securities and exchange commission.

Home Bancorp Inc. is a holding company for Home Bank (the Bank). The Bank is a federally chartered community stock savings bank. As of December 31 2014 the Bank conducts business from 27 banking offices in the Greater Lafayette Northshore Baton Rouge and Greater New Orleans regions of south Louisiana and west Mississippi. The Bank is primarily engaged in attracting deposits from the general public and using those funds to invest in loans and investment securities. Its principal sources of funds are customer deposits repayments of loans repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank (FHLB) of Dallas. Deposits loan repayments and prepayments proceeds from investment securities sales calls maturities and paydowns cash flows generated from operations and FHLB advances are the Bank’s primary ongoing sources of funds.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Home Bancorp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Home Bancorp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.