company background image
HTBI

HomeTrust BancsharesNasdaqGS:HTBI Stock Report

Last Price

US$32.51

Market Cap

US$525.9m

7D

0.8%

1Y

56.1%

Updated

16 Jan, 2022

Data

Company Financials +
HTBI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends2/6

HTBI Stock Overview

HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services.

HomeTrust Bancshares Competitors

First Financial Bankshares

NasdaqGS:FFIN

US$7.5b

ServisFirst Bancshares

NYSE:SFBS

US$4.8b

BankUnited

NYSE:BKU

US$4.1b

Ameris Bancorp

NasdaqGS:ABCB

US$3.8b

Price History & Performance

Summary of all time highs, changes and price drops for HomeTrust Bancshares
Historical stock prices
Current Share PriceUS$32.51
52 Week HighUS$32.57
52 Week LowUS$19.55
Beta0.63
1 Month Change9.87%
3 Month Change11.64%
1 Year Change56.15%
3 Year Change21.53%
5 Year Change29.26%
Change since IPO177.86%

Recent News & Updates

Oct 30
HomeTrust Bancshares' (NASDAQ:HTBI) Dividend Will Be US$0.09

HomeTrust Bancshares' (NASDAQ:HTBI) Dividend Will Be US$0.09

HomeTrust Bancshares, Inc. ( NASDAQ:HTBI ) has announced that it will pay a dividend of US$0.09 per share on the 2nd of...

Shareholder Returns

HTBIUS BanksUS Market
7D0.8%-0.5%-0.5%
1Y56.1%32.9%13.7%

Return vs Industry: HTBI exceeded the US Banks industry which returned 32.9% over the past year.

Return vs Market: HTBI exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is HTBI's price volatile compared to industry and market?
HTBI volatility
HTBI Average Weekly Movement2.6%
Banks Industry Average Movement3.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: HTBI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HTBI's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1926563Dana Stonestreethttps://www.htb.com

HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations. The company’s loan portfolio comprises retail consumer loans, such as one-to-four-family real estate lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans that include commercial real estate, construction and development, and commercial and industrial loans.

HomeTrust Bancshares Fundamentals Summary

How do HomeTrust Bancshares's earnings and revenue compare to its market cap?
HTBI fundamental statistics
Market CapUS$525.90m
Earnings (TTM)US$20.26m
Revenue (TTM)US$156.60m

26.0x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HTBI income statement (TTM)
RevenueUS$156.60m
Cost of RevenueUS$0
Gross ProfitUS$156.60m
ExpensesUS$136.34m
EarningsUS$20.26m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.25
Gross Margin100.00%
Net Profit Margin12.94%
Debt/Equity Ratio10.1%

How did HTBI perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

25%

Payout Ratio

Valuation

Is HomeTrust Bancshares undervalued compared to its fair value and its price relative to the market?

25.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HTBI ($32.51) is trading above our estimate of fair value ($31.87)

Significantly Below Fair Value: HTBI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HTBI is poor value based on its PE Ratio (26x) compared to the US Banks industry average (11.3x).

PE vs Market: HTBI is poor value based on its PE Ratio (26x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: HTBI is poor value based on its PEG Ratio (4.6x)


Price to Book Ratio

PB vs Industry: HTBI is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Future Growth

How is HomeTrust Bancshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HTBI's forecast earnings growth (5.6% per year) is above the savings rate (2%).

Earnings vs Market: HTBI's earnings (5.6% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: HTBI's earnings are forecast to grow, but not significantly.

Revenue vs Market: HTBI's revenue (1.4% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: HTBI's revenue (1.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HTBI's Return on Equity is forecast to be low in 3 years time (7.6%).


Past Performance

How has HomeTrust Bancshares performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HTBI has a large one-off loss of $24.2M impacting its September 30 2021 financial results.

Growing Profit Margin: HTBI's current net profit margins (12.9%) are lower than last year (15.7%).


Past Earnings Growth Analysis

Earnings Trend: HTBI's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: HTBI's earnings growth over the past year (3.6%) is below its 5-year average (18% per year).

Earnings vs Industry: HTBI earnings growth over the past year (3.6%) underperformed the Banks industry 43.7%.


Return on Equity

High ROE: HTBI's Return on Equity (5.2%) is considered low.


Financial Health

How is HomeTrust Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: HTBI's Assets to Equity ratio (8.8x) is low.

Allowance for Bad Loans: HTBI has a sufficient allowance for bad loans (511%).

Low Risk Liabilities: 97% of HTBI's liabilities are made up of primarily low risk sources of funding.

Loan Level: HTBI has an appropriate level of Loans to Assets ratio (77%).

Low Risk Deposits: HTBI's Loans to Deposits ratio (90%) is appropriate.

Level of Bad Loans: HTBI has an appropriate level of bad loans (0.2%).


Dividend

What is HomeTrust Bancshares's current dividend yield, its reliability and sustainability?

1.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HTBI's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: HTBI's dividend (1.11%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, HTBI has been paying a dividend for less than 10 years.

Growing Dividend: HTBI's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.2%), HTBI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HTBI's dividends in 3 years are forecast to be well covered by earnings (15.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average management tenure


CEO

Dana Stonestreet (67 yo)

8.17yrs

Tenure

US$1,179,044

Compensation

Mr. Dana L. Stonestreet has been Director of HomeTrust Bank since 2008 and served as President until October 28, 2020. Mr. Stonestreet has been Chief Executive Officer of HomeTrust Bancshares, Inc. since N...


CEO Compensation Analysis

Compensation vs Market: Dana's total compensation ($USD1.18M) is about average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: Dana's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HTBI's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: HTBI's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HTBI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

HomeTrust Bancshares, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: HomeTrust Bancshares, Inc.
  • Ticker: HTBI
  • Exchange: NasdaqGS
  • Founded: 1926
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$525.900m
  • Shares outstanding: 16.18m
  • Website: https://www.htb.com

Number of Employees


Location

  • HomeTrust Bancshares, Inc.
  • 10 Woodfin Street
  • Asheville
  • North Carolina
  • 28801
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:13
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2021/06/30


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.