Home Bancorp, Inc. (NASDAQ:HBCP) Declares Quarterly Dividend of $0.32

Home Bancorp, Inc. (NASDAQ:HBCP) declared a quarterly dividend on Monday, October 19th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.32 per share by the bank on Friday, November 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, November 2nd.

Home Bancorp has increased its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 10 years. Home Bancorp has a dividend payout ratio of 23.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Home Bancorp to earn $6.32 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 20.3%.

Home Bancorp Price Performance

Shares of NASDAQ HBCP opened at $65.78 on Tuesday. The company has a 50 day simple moving average of $68.52 and a two-hundred day simple moving average of $67.10. Home Bancorp has a fifty-two week low of $52.06 and a fifty-two week high of $74.50. The company has a market capitalization of $515.72 million, a price-to-earnings ratio of 11.02 and a beta of 0.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.97 and a current ratio of 0.97.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings results on Monday, July 20th. The bank reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.02. Home Bancorp had a return on equity of 10.65% and a net margin of 22.23%. The firm had revenue of $39.72 million for the quarter, compared to analysts’ expectations of $38.57 million. Analysts expect that Home Bancorp will post 5.98 EPS for the current fiscal year.

Home Bancorp Company Profile

Home Bancorp, Inc is the holding company for Home Bank, a community-focused bank headquartered in Lafayette Hill, Pennsylvania. The company serves individuals, families, professionals and businesses through a network of banking offices in southeastern Pennsylvania and surrounding communities.

Home Bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts. Its lending activities include residential mortgage loans, home equity financing, commercial real estate loans, construction and development financing, commercial business loans and consumer loans.

Through its community banking model, Home Bancorp focuses on relationship-based service and local decision-making.