Benzinga | Apr 27, 2021 08:38AM EDT

Home Bancorp: Q1 Earnings Insights



Shares of Home Bancorp (NASDAQ:HBCP) remained unaffected after the company reported Q1 results.

Quarterly Results

Earnings per share increased 571.43% year over year to $1.41, which beat the estimate of $1.06.

Revenue of $25,095,000 higher by 17.69% year over year, which beat the estimate of $24,320,000.

Outlook

Home Bancorp hasn't issued any earnings guidance for the time being.

Home Bancorp hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $39.24

52-week low: $18.77

Price action over last quarter: Up 29.61%

Company Profile

Home Bancorp Inc is engaged in attracting deposits from the public and using those funds to invest in loans and securities. The principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank of Dallas. These funds are primarily used for the origination of loans, including one-to-four-family first mortgage loans, home equity loans, and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. Its primary expenses are interest expense on deposits and borrowings and general operating expenses.