Home Bancorp (HBCP) Q4 2025 earnings summary

Executive summary

• Reported Q4 2025 net income of $11.4 million ($1.46 per share), with full-year net income reaching $46.1 million ($5.87 per share), up 29% year-over-year in EPS.

• Total assets reached $3.5 billion at year-end 2025, with a market cap of $494 million as of January 2026.

• Loan growth in Q4 was $38 million (6% annualized), with deposit growth of 7% ($192 million) for the year.

• Texas franchise now represents 20% of the loan portfolio, with 15% annual loan growth since 2022.

• Maintained a conservative credit culture and disciplined acquisition strategy, with six acquisitions since 2010 and 43 locations across key Southern markets.

Financial highlights

• Q4 net interest margin (NIM) was 4.06%, up from 3.82% a year ago, but down from 4.10% in Q3 2025; net interest income for Q4 was $34.0 million.

• Return on assets (ROA) was 1.29% and return on equity (ROE) was 10.52% for Q4 2025.

• Efficiency ratio stood at 60.6% for Q4 2025.

• Loans totaled $2.74 billion and deposits were $2.97 billion at year-end.

• Tangible book value per share was $44.84 at December 31, 2025, with an 8.7% CAGR since 2019.

Outlook and guidance

• Expect mid-single digit loan growth in 2026 as paydowns slow and the pipeline builds.

• NIM projected to rise to 4.1%-4.15% in 2026, with further deposit cost reductions anticipated.

• Noninterest income expected to remain between $3.8 million and $4 million per quarter; noninterest expenses to rise slightly due to raises and new projects.

• Management expects repricing of certificates of deposit within 120 days to reduce deposit costs and positively impact NIM.

• Optimistic about M&A opportunities in 2026, targeting banks half their size or less.