Home Bancorp (HBCP) investor relations material

Executive summary

• Q2 2025 net income was $11.3M ($1.45 per share), up 39% year-over-year, with strong profitability and asset growth.

• Loans and deposits grew, with total assets at $3.5B, loans at $2.8B, and deposits at $2.9B as of June 30, 2025.

• Net interest margin improved to 4.04%, expanding for the fifth consecutive quarter.

• Nonperforming assets increased to $25.4M, mainly due to several loan relationships moving to nonaccrual status.

• Dividend per share increased by 7% to $0.29, and 147,243 shares were repurchased; 391,072 shares remain authorized.

Financial highlights

• Net interest income rose to $33.4M, up from $31.7M in Q1 and 13.5% year-over-year.

• Noninterest income was $3.7M, in line with expectations but down 1% year-over-year.

• Noninterest expense increased to $22.4M, mainly due to compensation and an SBA receivable write-down.

• Book value per share reached $52.36; tangible book value per share was $41.54.

• Return on average assets was 1.31%; return on average equity was 11.24%.

Outlook and guidance

• Loan growth expected at the lower end of 4%-6% guidance without Fed rate cuts.

• Noninterest income projected between $3.6M and $3.8M for the next two quarters.

• Noninterest expense expected between $22.5M and $23M per quarter for the rest of the year.

• Management highlights strong capital position and disciplined acquisition strategy.

• NIM expansion may slow in Q3 but more repricing opportunities expected in Q4 and beyond.