Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Releases Quarterly Earnings Results

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) issued its quarterly earnings results on Thursday. The bank reported $0.46 EPS for the quarter, Zacks reports. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%.

Home Federal Bancorp, Inc. of Louisiana Price Performance

Shares of HFBL remained flat at $22.99 during mid-day trading on Thursday. 56 shares of the company traded hands, compared to its average volume of 4,704. The business has a fifty day moving average of $20.81 and a 200-day moving average of $19.32. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.10. Home Federal Bancorp, Inc. of Louisiana has a twelve month low of $12.83 and a twelve month high of $24.00. The company has a market cap of $70.12 million, a PE ratio of 11.97 and a beta of 0.38.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Monday, July 27th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, July 27th. This is an increase from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is currently 31.25%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Monday, July 6th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.