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HomeTrust Bancshares, Inc. - HTBI STOCK NEWS

Welcome to our dedicated page for HomeTrust Bancshares news (Ticker: HTBI), a resource for investors and traders seeking the latest updates and insights on HomeTrust Bancshares stock.

HomeTrust Bancshares, Inc. (symbol: HTBI) is a regional, community-focused full-service commercial bank, founded in 1926. The company is headquartered in Asheville, North Carolina, and operates in various regions including North Carolina, upstate South Carolina, east Tennessee, and southwest Virginia. As of September 30, 2015, HomeTrust Bank is ranked among the top 400 U.S. banks with assets totaling $2.7 billion and is the 5th largest community bank headquartered in North Carolina.

HomeTrust Bank is committed to providing value-added relationship banking services. Their services encompass a wide range of retail and commercial banking products tailored to meet the financial needs of individuals, families, small businesses, and corporations. The bank’s strong community focus is evident in its support of local economic development initiatives and non-profit organizations, contributing to the vibrancy and health of the communities it serves.

With strategically located offices in the Asheville metropolitan area, the Piedmont region, Charlotte, Raleigh, Greenville, Kingsport/Johnson City, Knoxville, Morristown, and the Roanoke Valley, HomeTrust Bank ensures accessible banking services to a diverse client base. The company’s operations are directed and coordinated to provide efficient and responsive banking services, with a dedicated team of bankers who focus on building long-term relationships with their clients.

In recent years, HomeTrust Bank has achieved significant milestones including strengthening its financial condition and expanding its market presence. The bank's tangible equity, or tangible book value, which is calculated by subtracting goodwill and core deposit intangibles from total stockholders' equity, reflects its solid financial foundation. This metric is crucial for investors as it provides a clear picture of the bank’s tangible assets relative to its equity base.

HomeTrust Bancshares, Inc. continues to pursue growth and innovation in its banking services, ensuring that it remains a trusted financial partner for its customers while contributing to the economic and social well-being of its communities.

Rhea-AI Summary
HomeTrust Bancshares, Inc. reported a strong financial performance in the first quarter of the year ending December 31, 2024. The company announced a quarterly cash dividend and the re-authorization of its stock buyback program. Net income increased to $15.1 million, with diluted EPS at $0.88. ROA and ROE also showed improvement. The company's net interest margin remained stable at 4.02%. The provision for credit losses decreased to $1.2 million. The Board declared a quarterly cash dividend of $0.11 per share. The President and CEO highlighted the company's robust financial performance and strategic initiatives.
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HomeTrust Bancshares, Inc. (NASDAQ: HTBI) announced preliminary net income for the second quarter of the six-month transition period ended December 31, 2023, and approval of its quarterly cash dividend. The net income was $13.5 million, diluted earnings per share was $0.79, annualized return on assets was 1.21%, and annualized return on equity was 10.81%. The Company also declared a quarterly cash dividend of $0.11 per common share.
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HomeTrust Bancshares, Inc. (NASDAQ: HTBI) announced the retirement of Keith J. Houghton, the Executive Vice President and Chief Credit Officer, effective June 30, 2024. Kevin Nunley, Senior Vice President and Director of Commercial Credit, will succeed Houghton. Nunley has 20 years of experience in large regional banks and joined HTB in September 2020. The company expressed confidence in Nunley's ability to continue the successful credit management strategies and maintain financial stability. HTB President & CEO, C. Hunter Westbrook, expressed appreciation for Houghton's contributions and confidence in Nunley's financial background and strategic decision-making skills.
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HomeTrust Bancshares, Inc. (NASDAQ: HTBI) announces the retirement of Executive Chair Dana L. Stonestreet, effective after the Annual Meeting on November 13, 2023. Richard T. “Stick” Williams, currently Vice Chair and Lead Director, will succeed Stonestreet. Stonestreet led the company through significant growth and was instrumental in the initial public offering/conversion to stock form in 2012. The announcement also highlights Hunter Westbrook's leadership vision for continued growth.
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HomeTrust Bancshares Announces Preliminary Q1 Financial Results and Dividend Increase
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Lora Jex appointed as Executive Vice President and Chief Risk Officer of HomeTrust Bancshares, Inc.
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HomeTrust Bancshares, Inc. (NASDAQ: HTBI) announced the appointment of Megan Pelletier as Executive Vice President, Chief Operations & People Officer. Pelletier, with 20 years of banking and financial industry experience, will oversee Human Resources, Deposit and Loan Operations, and Project Management functions, aiming to provide best-of-class service across five states. Her leadership has already positively impacted employee programs, resulting in HomeTrust being named A Best Place to Work and a Great Employer to Work for in North Carolina. Pelletier's focus on operational excellence and strategic vision is expected to drive HTB's growth and maturity.
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HomeTrust Bank has been named one of the top 20 Great Employers to Work for in North Carolina by the Best Companies Group. The Bank has made significant investments in improving the culture of its workplace, including expanding employee benefits and implementing new communication tools.
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FAQ

What is the current stock price of HomeTrust Bancshares (HTBI)?

The current stock price of HomeTrust Bancshares (HTBI) is $34.51 as of January 22, 2025.

What is the market cap of HomeTrust Bancshares (HTBI)?

The market cap of HomeTrust Bancshares (HTBI) is approximately 610.2M.

What is HomeTrust Bancshares, Inc.?

HomeTrust Bancshares, Inc. (HTBI) is a regional, community-focused full-service commercial bank headquartered in Asheville, North Carolina.

When was HomeTrust Bancshares, Inc. founded?

HomeTrust Bancshares, Inc. was founded in 1926.

What regions does HomeTrust Bank serve?

HomeTrust Bank serves regions in North Carolina, upstate South Carolina, east Tennessee, and southwest Virginia.

What services does HomeTrust Bank offer?

HomeTrust Bank offers a range of retail and commercial banking products including savings accounts, checking accounts, loans, and more.

Where is HomeTrust Bancshares, Inc. headquartered?

HomeTrust Bancshares, Inc. is headquartered in Asheville, North Carolina.

What is the financial status of HomeTrust Bank?

As of September 30, 2015, HomeTrust Bank has $2.7 billion in assets and is ranked among the top 400 U.S. banks.

What is tangible equity?

Tangible equity is total stockholders' equity less goodwill and core deposit intangibles, net of related deferred tax liabilities.

How does HomeTrust Bank support local communities?

HomeTrust Bank supports local communities through economic development initiatives and by contributing to local non-profits.

What makes HomeTrust Bank unique?

HomeTrust Bank’s unique commitment to community-focused relationship banking and its strategic regional presence distinguish it from other banks.

How can I stay updated with the latest news about HomeTrust Bancshares, Inc.?

You can stay updated with the latest news about HomeTrust Bancshares, Inc. by visiting financial news websites and their official website.
HomeTrust Bancshares, Inc.

Nasdaq:HTBI

HTBI Rankings

HTBI Stock Data

610.17M
14.66M
16.32%
58.5%
0.23%
Banks - Regional
Savings Institution, Federally Chartered
Link
United States of America
ASHEVILLE