HomeTrust Bancshares (HTB) Q2 2026 earnings summary

Executive summary

• Achieved double-digit growth in tangible book value per share, with a 10.2% CAGR over the last 24 months and adjusted TBV per share up 10.4% CAGR, excluding stock buybacks.

• Adjusted return on assets reached 1.50% in Q2 2026, reflecting a 12.0% CAGR over the last 3.5 years.

• Net income for Q2 2026 was $15.6 million, down from $16.8 million in Q1 2026; diluted EPS was $0.94 versus $0.99 sequentially.

• For the six months ended June 30, 2026, net income was $32.4 million, up from $31.7 million year-over-year; diluted EPS was $1.93 versus $1.84.

• Recognized for consistent earnings growth and top performance by multiple industry rankings over several years.

Financial highlights

• Net income per diluted share was $0.94 in Q2 2026, compared to $0.99 in Q1 2026 and $1.00 in Q2 2025.

• Net interest margin rose to 4.41% in Q2 2026 from 4.31% in Q1 2026; for the six months, it was 4.36% versus 4.25% year-over-year.

• Adjusted efficiency ratio was 61.04% in Q2 2026, slightly higher than 60.62% in Q1 2026; reported efficiency ratio was 62.30%.

• Provision for credit losses increased to $920,000 in Q2 from $370,000 in Q1; for six months, it was $1.3 million, down from $2.8 million year-over-year.

• Noninterest income fell 7.8% sequentially in Q2 but rose 6% year-over-year for the six months.

Outlook and guidance

• Strong capital position and robust asset quality support continued growth and expansion in attractive Southeast markets.

• Leadership expects to maintain top quartile profitability and resilient tangible book value growth.

• Management remains focused on accelerating loan growth and executing its strategy for sustainable results and long-term value.

• Recognized for high performance and workplace excellence, aiming to maintain top-quartile net interest margin and franchise strength.