Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana and Mississippi. More Details
Flawless balance sheet and slightly overvalued.
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 -23% over the past year.
Return vs Market: HBCP underperformed the US Market which returned 17.2% 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
2 weeks ago | Simply Wall StWhat We Learned About Home Bancorp's (NASDAQ:HBCP) CEO Pay
1 month ago | Simply Wall StIf You Had Bought Home Bancorp's (NASDAQ:HBCP) Shares Three Years Ago You Would Be Down 42%
1 month ago | Simply Wall StThere's A Lot To Like About Home Bancorp's (NASDAQ:HBCP) Upcoming US$0.22 Dividend
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 ($24.15) is trading below our estimate of fair value ($24.67)
Significantly Below Fair Value: HBCP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HBCP is poor value based on its PE Ratio (12x) compared to the US Mortgage industry average (10.8x).
PE vs Market: HBCP is good value based on its PE Ratio (12x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: HBCP is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: HBCP's PB Ratio (0.7x) is in line with the US Mortgage industry average.
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 forecast earnings growth (4.8% per year) is above the savings rate (2.2%).
Earnings vs Market: HBCP's earnings (4.8% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: HBCP's earnings are forecast to grow, but not significantly.
Revenue vs Market: HBCP's revenue is expected to decline over the next 3 years (-3.2% per year).
High Growth Revenue: HBCP's revenue is forecast to decline over the next 3 years (-3.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HBCP's Return on Equity is forecast to be high in 3 years time
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 (21.3%) are lower than last year (31.1%).
Past Earnings Growth Analysis
Earnings Trend: HBCP's earnings have grown by 17.4% 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 (-42%) over the past year, making it difficult to compare to the Mortgage industry average (6.7%).
Return on Equity
High ROE: HBCP's Return on Equity (5.8%) is considered low.
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
Financial Institutions Analysis
Asset Level: HBCP's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: HBCP has a sufficient allowance for bad loans (130%).
Low Risk Liabilities: 97% of HBCP's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBCP has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: HBCP's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: HBCP has an appropriate level of bad loans (1.3%).
What is Home Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBCP's dividend (3.64%) is higher than the bottom 25% of dividend payers in the US market (1.72%).
High Dividend: HBCP's dividend (3.64%) is low compared to the top 25% of dividend payers in the US market (4.89%).
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 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.3%), HBCP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Bordelon (64 yo)
Mr. John W. Bordelon serves as the Chief Executive Officer and President at Home Bancorp, Inc., serves as its Chairman since May 2020 and has been its Director since May 2008. Mr. Bordelon serves as Chairm ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD893.65K) is below average for companies of similar size in the US market ($USD1.34M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Executive VP & COO||5.5yrs||US$387.40k||0.11% |
|Executive VP & Chief Credit Officer||6.92yrs||US$357.90k||0.46% |
|Independent Director & Corporate Secretary||2.75yrs||US$62.48k||0.66% |
Experienced Management: HBCP's management team is seasoned and experienced (6.9 years average tenure).
|Independent Director & Corporate Secretary||2.75yrs||US$62.48k||0.66% |
|Independent Director||12.33yrs||US$58.33k||0.78% |
|Independent Director||20.67yrs||US$57.18k||1.85% |
|Director||0.25yr||no data||0.021% |
|Independent Director||4.25yrs||US$61.58k||0.17% |
|Independent Director||2.75yrs||US$62.88k||0.21% |
Experienced Board: HBCP's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBCP 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$216.279m
- Shares outstanding: 8.96m
- 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 and Mississippi. It offers deposits products, includi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 23:36|
|End of Day Share Price||2020/09/30 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.