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HTBI

HomeTrust Bancshares NasdaqGS:HTBI Stock Report

Last Price

US$25.25

Market Cap

US$390.5m

7D

2.9%

1Y

-8.6%

Updated

12 Aug, 2022

Data

Company Financials +
HTBI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
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

Price History & Performance

Summary of all time highs, changes and price drops for HomeTrust Bancshares
Historical stock prices
Current Share PriceUS$25.25
52 Week HighUS$32.60
52 Week LowUS$22.88
Beta0.60
1 Month Change2.19%
3 Month Change-3.66%
1 Year Change-8.58%
3 Year Change1.53%
5 Year Change11.48%
Change since IPO115.81%

Recent News & Updates

Jul 31
HomeTrust Bancshares (NASDAQ:HTBI) Has Announced A Dividend Of $0.09

HomeTrust Bancshares (NASDAQ:HTBI) Has Announced A Dividend Of $0.09

The board of HomeTrust Bancshares, Inc. ( NASDAQ:HTBI ) has announced that it will pay a dividend on the 1st of...

Shareholder Returns

HTBIUS BanksUS Market
7D2.9%5.3%3.2%
1Y-8.6%-10.9%-10.1%

Return vs Industry: HTBI exceeded the US Banks industry which returned -13.2% over the past year.

Return vs Market: HTBI exceeded the US Market which returned -11.7% over the past year.

Price Volatility

Is HTBI's price volatile compared to industry and market?
HTBI volatility
HTBI Average Weekly Movement3.3%
Banks Industry Average Movement3.7%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

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$390.54m
Earnings (TTM)US$35.65m
Revenue (TTM)US$150.56m

11.0x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HTBI income statement (TTM)
RevenueUS$150.56m
Cost of RevenueUS$0
Gross ProfitUS$150.56m
Other ExpensesUS$114.91m
EarningsUS$35.65m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.31
Gross Margin100.00%
Net Profit Margin23.68%
Debt/Equity Ratio0.0%

How did HTBI perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

15%

Payout Ratio

Does HTBI pay a reliable dividends?

See HTBI dividend history and benchmarks
When do you need to buy HTBI by to receive an upcoming dividend?
HomeTrust Bancshares dividend dates
Ex Dividend DateAug 17 2022
Dividend Pay DateSep 01 2022
Days until Ex dividend3 days
Days until Dividend pay date18 days

Does HTBI pay a reliable dividends?

See HTBI dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is HTBI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HTBI?

Other financial metrics that can be useful for relative valuation.

HTBI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does HTBI's PE Ratio compare to its peers?

HTBI PE Ratio vs Peers
The above table shows the PE ratio for HTBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.3x
RRBI Red River Bancshares
11.9x6.3%US$394.1m
EBTC Enterprise Bancorp
10.7xn/aUS$417.5m
PFIS Peoples Financial Services
8.8x-2.5%US$390.8m
AMNB American National Bankshares
9.8x-6.8%US$379.3m
HTBI HomeTrust Bancshares
11x11.0%US$390.5m

Price-To-Earnings vs Peers: HTBI is expensive based on its Price-To-Earnings Ratio (11x) compared to the peer average (10.3x).


Price to Earnings Ratio vs Industry

How does HTBI's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: HTBI is expensive based on its Price-To-Earnings Ratio (11x) compared to the US Banks industry average (10x)


Price to Earnings Ratio vs Fair Ratio

What is HTBI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HTBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ratio12.8x

Price-To-Earnings vs Fair Ratio: HTBI is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (12.8x).


Share Price vs Fair Value

What is the Fair Price of HTBI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HTBI ($25.25) is trading below our estimate of fair value ($26.31)

Significantly Below Fair Value: HTBI is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HTBI's forecast earnings growth (11% per year) is above the savings rate (1.9%).

Earnings vs Market: HTBI's earnings (11% per year) are forecast to grow slower than the US market (14.4% per year).

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

Revenue vs Market: HTBI's revenue (10.8% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: HTBI's revenue (10.8% 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 (9.1%).


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Past Performance

How has HomeTrust Bancshares performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HTBI has high quality earnings.

Growing Profit Margin: HTBI's current net profit margins (23.7%) are higher than last year (10.3%).


Past Earnings Growth Analysis

Earnings Trend: HTBI's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: HTBI's earnings growth over the past year (129.6%) exceeds its 5-year average (16.9% per year).

Earnings vs Industry: HTBI earnings growth over the past year (129.6%) exceeded the Banks industry 9.2%.


Return on Equity

High ROE: HTBI's Return on Equity (9.2%) 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 Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

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 (569%).

Low Risk Liabilities: 98% 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 (88%) is appropriate.

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


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.43%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 13 2022Ex Dividend DateAug 17 2022Dividend Pay DateSep 01 202215 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: HTBI's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: HTBI's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (4%).


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 4 years.


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.2%), 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 thoroughly covered by earnings (12.8% payout ratio).


Discover strong dividend paying companies

Management

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

6.9yrs

Average management tenure


CEO

Dana Stonestreet (68 yo)

8.75yrs

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 ($USD1.18M) is below average for companies of similar size in the US market ($USD2.57M).

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 (6.9 years average tenure).


Board Members

Experienced Board: HTBI's board of directors are considered experienced (6.3 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 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$390.543m
  • Shares outstanding: 15.47m
  • 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 Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.