Here's What Key Metrics Tell Us About Home Bancorp (HBCP) Q2 Earnings
Home Bancorp (HBCP) reported $33.75 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.5%. EPS of $1.21 for the same period compares to $1.19 a year ago.
The reported revenue represents a surprise of -1.49% over the Zacks Consensus Estimate of $34.27 million. With the consensus EPS estimate being $1.16, the EPS surprise was +4.31%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Home Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio [%]: 62.09% versus 61.36% estimated by three analysts on average.
Net Interest Margin [%]: 3.94% versus 4.04% estimated by three analysts on average.
Total Average Interest-Earning Assets: $3.05 billion versus $3.05 billion estimated by two analysts on average.
Total Non-Performing Assets: $12.40 million versus $11.74 million estimated by two analysts on average.
Total Non-Performing Loans: $12.20 million versus the two-analyst average estimate of $11.55 million.
Total Noninterest Income: $3.45 million versus $3.62 million estimated by three analysts on average.
Net Interest Income: $30.31 million versus the three-analyst average estimate of $30.62 million.
View all Key Company Metrics for Home Bancorp here>>>
Shares of Home Bancorp have returned +2.9% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Home Bancorp, Inc. (HBCP) : Free Stock Analysis Report
