Home Federal Bancorp of Louisiana Full Year 2024 Earnings: EPS: US$1.18 (vs US$1.89 in FY 2023)

Home Federal Bancorp of Louisiana (NASDAQ:HFBL) Full Year 2024 Results

Key Financial Results

• Revenue: US$20.5m (down 10.0% from FY 2023).
• Net income: US$3.59m (down 37% from FY 2023).
• Profit margin: 18% (down from 25% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$1.18 (down from US$1.89 in FY 2023).

HFBL Banking Performance Indicators

• Net interest margin (NIM): 3.08% (down from 3.73% in FY 2023).
• Cost-to-income ratio: 80.0% (up from 67.7% in FY 2023).
• Non-performing loans: 0.32% (up from 0.25% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

In the last 12 months, the only revenue segment was Thrift / Savings and Loan Institutions contributing US$20.5m. The largest operating expense was General & Administrative costs, amounting to US$13.5m (80% of total expenses). Explore how HFBL's revenue and expenses shape its earnings.

Home Federal Bancorp of Louisiana shares are up 3.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Home Federal Bancorp of Louisiana that you need to be mindful of.

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