Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana.
Undervalued with excellent balance sheet.
Share Price & News
How has Home Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HBCP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HBCP underperformed the US Mortgage industry which returned -3.7% over the past year.
Return vs Market: HBCP underperformed the US Market which returned 4.1% over the past year.
Price Volatility Vs. Market
How volatile is Home Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHome Bancorp, Inc. (NASDAQ:HBCP) Is An Attractive Dividend Stock - Here's Why
3 weeks ago | Simply Wall StHome Bancorp, Inc. (NASDAQ:HBCP) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 month ago | Simply Wall StDo You Know What Home Bancorp, Inc.'s (NASDAQ:HBCP) P/E Ratio Means?
Is Home Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HBCP ($32.69) is trading below our estimate of fair value ($50.15)
Significantly Below Fair Value: HBCP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBCP is good value based on its PE Ratio (10.6x) compared to the Mortgage industry average (12.8x).
PE vs Market: HBCP is good value based on its PE Ratio (10.6x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: HBCP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HBCP is good value based on its PB Ratio (1x) compared to the US Mortgage industry average (1x).
How is Home Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBCP's earnings are forecast to decline over the next 3 years (-0.9% per year).
Earnings vs Market: HBCP's earnings are forecast to decline over the next 3 years (-0.9% per year).
High Growth Earnings: HBCP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HBCP's revenue is expected to decline over the next 3 years (-3.8% per year).
High Growth Revenue: HBCP's revenue is forecast to decline over the next 3 years (-3.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBCP's Return on Equity is forecast to be low in 3 years time (8.1%).
How has Home Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBCP has high quality earnings.
Growing Profit Margin: HBCP's current net profit margins (29%) are lower than last year (31.1%).
Past Earnings Growth Analysis
Earnings Trend: HBCP's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: HBCP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HBCP had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Mortgage industry average (9.6%).
Return on Equity
High ROE: HBCP's Return on Equity (8.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Home Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: HBCP has a low level of unsold assets or inventory.
Debt Coverage by Assets: HBCP's debt is covered by short term assets (assets are 1.9x debt).
Financial Institutions Analysis
Asset Level: HBCP's level of assets compared to its equity is low.
Allowance for Bad Loans: HBCP has a low allowance for bad loans.
Low Risk Liabilities: HBCP's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBCP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HBCP's loans are broadly funded by customer deposits.
Level of Bad Loans: HBCP has an appropriate level of bad loans (1.42%)
What is Home Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HBCP's dividend (2.69%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: HBCP's dividend (2.69%) is low compared to the top 25% of dividend payers in the US market (4.13%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HBCP has been paying a dividend for less than 10 years.
Growing Dividend: HBCP's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.3%), HBCP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBCP's dividends in 3 years are forecast to be well covered by earnings (26% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Bordelon (63yo)
Mr. John W. Bordelon has been the Chief Executive Officer and President of Home Bank, National Association, a subsidiary of Home Bancorp, Inc. since 1993. Mr. Bordelon also serves as the Chief Executive Of ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD802.28K) is below average for companies of similar size in the US market ($USD1.77M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||11.8yrs||US$372.48k||0.77% $2.4m|
|Executive VP & COO||4.9yrs||US$359.15k||0.096% $293.5k|
Experienced Management: HBCP's management team is seasoned and experienced (11.8 years average tenure).
|Chairman of the Board||12.1yrs||US$60.88k||1.96% $6.0m|
|Independent Director||11.8yrs||US$52.88k||0.76% $2.3m|
|Independent Director||20.1yrs||US$50.58k||1.79% $5.5m|
|Independent Director||3.7yrs||US$56.08k||0.15% $471.3k|
|Independent Director||2.2yrs||US$51.68k||0.63% $1.9m|
|Independent Director||2.2yrs||US$56.08k||0.20% $614.0k|
Experienced Board: HBCP's board of directors are seasoned and experienced ( 11.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Home Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Home Bancorp, Inc.
- Ticker: HBCP
- Exchange: NasdaqGS
- Founded: 1908
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$305.977m
- Shares outstanding: 9.25m
- Website: https://www.home24bank.com
- Home Bancorp, Inc.
- 503 Kaliste Saloom Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HBCP||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 2008|
Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts. The company also provides various loan products, such as one-to four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. In addition, it invests in securities; and offers online banking services. The company operates through a network of 39 banking offices in the Acadiana, Baton Rouge, Greater New Orleans, and Northshore regions of south Louisiana; and the Natchez and Vicksburg regions of west Mississippi. Home Bancorp, Inc. was founded in 1908 and is headquartered in Lafayette, Louisiana.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/29 01:31|
|End of Day Share Price||2020/02/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.