HomeTrust Bancshares
Market Cap
US$393.1m
Last Updated
2021/03/03 23:10 UTC
Data Sources
Company Financials +
Executive Summary
HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 7.8% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with questionable track record.
Similar Companies
Share Price & News
How has HomeTrust Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HTBI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HTBI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
3.7%
HTBI
-0.8%
US Banks
-3.4%
US Market
1 Year Return
4.1%
HTBI
22.0%
US Banks
29.4%
US Market
Return vs Industry: HTBI underperformed the US Banks industry which returned 22.7% over the past year.
Return vs Market: HTBI underperformed the US Market which returned 36.6% over the past year.
Shareholder returns
| HTBI | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | -0.8% | -3.4% |
| 30 Day | 16.3% | 19.3% | 0.6% |
| 90 Day | 34.4% | 26.7% | 6.3% |
| 1 Year | 6.0%4.1% | 26.4%22.0% | 32.2%29.4% |
| 3 Year | -6.9%-9.9% | 14.5%4.8% | 51.3%41.7% |
| 5 Year | 40.3%35.8% | 104.9%79.0% | 119.6%95.2% |
Long-Term Price Volatility Vs. Market
How volatile is HomeTrust Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Could The HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Has Got What It Takes To Be An Attractive Dividend Stock1 month ago | Simply Wall St
Our View On HomeTrust Bancshares' (NASDAQ:HTBI) CEO PayValuation
Is HomeTrust Bancshares undervalued compared to its fair value and its price relative to the market?
20.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HTBI ($24.52) is trading above our estimate of fair value ($11.1)
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 (20.2x) compared to the US Banks industry average (12.6x).
PE vs Market: HTBI is good value based on its PE Ratio (20.2x) compared to the US market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: HTBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HTBI's PB Ratio (1x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is HomeTrust Bancshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-7.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTBI's earnings are forecast to decline over the next 3 years (-7.8% per year).
Earnings vs Market: HTBI's earnings are forecast to decline over the next 3 years (-7.8% per year).
High Growth Earnings: HTBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HTBI's revenue (2.4% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: HTBI's revenue (2.4% 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 (4.4%).
Next Steps
Past Performance
How has HomeTrust Bancshares performed over the past 5 years?
23.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HTBI has high quality earnings.
Growing Profit Margin: HTBI's current net profit margins (15.6%) are lower than last year (22.3%).
Past Earnings Growth Analysis
Earnings Trend: HTBI's earnings have grown significantly by 23.1% per year over the past 5 years.
Accelerating Growth: HTBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HTBI had negative earnings growth (-31.8%) over the past year, making it difficult to compare to the Banks industry average (0.6%).
Return on Equity
High ROE: HTBI's Return on Equity (4.9%) is considered low.
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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 (9.1x) is low.
Allowance for Bad Loans: HTBI has a sufficient allowance for bad loans (274%).
Low Risk Liabilities: 84% 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 (72%).
Low Risk Deposits: HTBI's Loans to Deposits ratio (96%) is appropriate.
Level of Bad Loans: HTBI has an appropriate level of bad loans (0.5%).
Next Steps
Dividend
What is HomeTrust Bancshares's current dividend yield, its reliability and sustainability?
1.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HTBI's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: HTBI's dividend (1.31%) is low compared to the top 25% of dividend payers in the US market (3.72%).
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 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.9%), 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 (24.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.9yrs
Average management tenure
CEO
Dana Stonestreet (66 yo)
7.33yrs
Tenure
US$1,040,345
Compensation
Mr. Dana L. Stonestreet has been Director of HomeTrust Bank since 2008 and served as President until October 28, 2020. Mr. Stonestreet has been Chief Executive Officer of HomeTrust Bancshares, Inc. and Hom...
CEO Compensation Analysis
Compensation vs Market: Dana's total compensation ($USD1.04M) is about average for companies of similar size in the US market ($USD1.48M).
Compensation vs Earnings: Dana's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.33yrs | US$1.04m | 1.64% $ 6.4m | |
| President & COO | 1.17yrs | US$590.23k | 0.38% $ 1.5m | |
| Executive VP | 14.67yrs | US$382.06k | 0.42% $ 1.7m | |
| Executive VP & Chief Information Officer | 1.92yrs | US$379.86k | 0.17% $ 665.9k | |
| Executive VP & Chief Credit Officer | 6.25yrs | US$364.15k | 0.070% $ 273.8k | |
| Executive VP & Chief Risk Officer | 6yrs | no data | 0.057% $ 225.7k | |
| VP & County Executive of Cleveland County & Gaston County North Carolina Markets - Hometrust Bank | 5.83yrs | no data | no data | |
| Market President of Upstate South Carolina Region - Hometrust Bank | 5.08yrs | no data | no data |
5.9yrs
Average Tenure
56yo
Average Age
Experienced Management: HTBI's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.33yrs | US$1.04m | 1.64% $ 6.4m | |
| Independent Director | 4.92yrs | US$76.09k | 0.064% $ 251.6k | |
| Independent Director | 4.92yrs | US$84.17k | 0.11% $ 416.1k | |
| Independent Vice Chairman & Lead Director | 3.33yrs | US$98.69k | 0.11% $ 416.1k | |
| Independent Director | 1.5yrs | US$67.67k | 0.021% $ 83.6k | |
| Independent Director | 9.17yrs | US$68.01k | 0.21% $ 808.2k | |
| Independent Director | 8.67yrs | US$116.55k | 0.20% $ 775.3k | |
| Independent Director | 18.17yrs | US$86.39k | 0.18% $ 720.0k | |
| Independence Director | 0.50yr | US$17.75k | 0.0085% $ 33.5k |
4.9yrs
Average Tenure
66yo
Average Age
Experienced Board: HTBI's board of directors are considered experienced (4.9 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
HomeTrust Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: HomeTrust Bancshares, Inc.
- Ticker: HTBI
- Exchange: NasdaqGS
- Founded: 1926
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$393.129m
- Shares outstanding: 16.55m
- Website: https://www.htb.com
Number of Employees
Location
- HomeTrust Bancshares, Inc.
- 10 Woodfin Street
- Asheville
- North Carolina
- 28801
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HTBI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 2012 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 23:10 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.