Home Bancorp reports Q3 EPS $1.22, consensus $1.00

The net interest margin was 3.75% in the third quarter of 2023 compared to 3.94% in the second quarter of 2023. “Home Bank has delivered exceptional results during this cycle of rapidly increasing interest rates and the third quarter was a continuation of that success. We produced above average profitability metrics, grew both loans and deposits, and maintained strong credit quality.” said John Bordelon, President and CEO of the company and the Bank. “Strong customer relationships, built over years, have allowed us to retain deposits while still maintaining discipline on interest expense. We are confident that our long history and culture of relationship banking have positioned Home Bank to continue to thrive both in the near and long term.”