Piper Sandler lowered the firm’s price target on HomeTrust to $25 from $28 and keeps an Overweight rating on the shares. The firm notes Q3 results were mixed as the net interest margin was below expectations, expenses were much better, and there was some noise on the credit front with SBA/equip finance driving 27 bps of NCOs.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HTBI:
- HomeTrust Bancshares, Inc. Announces Financial Results for the First Quarter of the Six-Month Transition Period Ending December 31, 2023* and an Increase in the Quarterly Dividend
- HomeTrust reports Q1 EPS 88c, consensus 76c
- HomeTrust appoints Lora Jex as EVP, CRO
- Lora Jex Appointed Executive Vice President & Chief Risk Officer
