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HomeTrust Bancshares (NYSE: HTB) reported strong financial results for Q1 2025, with net income increasing to $14.5 million ($0.84 per diluted share) from $14.2 million ($0.83 per share) in Q4 2024. The company's performance showed improvements in key metrics:
- Net interest margin expanded to 4.18% from 4.09%
- Return on assets (ROA) increased to 1.33% from 1.27%
- Return on equity (ROE) rose to 10.52% from 10.32%
The company maintained its quarterly cash dividend of $0.12 per share, totaling $2.1 million. During Q1, HTB repurchased 14,800 shares at an average price of $33.64. The company also announced its transition to NYSE listing and plans to exit the Knoxville market by selling two branches to optimize its geographic footprint and improve branch efficiencies.
HomeTrust Bank (NYSE: HTB) has appointed Robert 'Rob' McCain III as Market President of the Charlotte metropolitan area, effective March 31, 2025. McCain, who will report to Executive VP of Commercial Banking John Sprink, will focus on expanding the Bank's presence by growing commercial and treasury management market share.
McCain brings extensive experience in Charlotte's commercial banking sector, having served in key positions at First Citizens Bank and SunTrust since 1989. His previous roles include Market Executive, Manager of Commercial Banking, and Line of Business Manager for Commercial Real Estate Lending in the Carolinas.
A native of the area, McCain holds a BS in Business Administration from UNC Chapel Hill, an MBA from UNC Charlotte, and is a graduate of the School of Banking at Louisiana State University.
