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Home Bancorp

Nasdaq:HBCP
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HBCP
Nasdaq
$236M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
  • Home Bancorp has significant price volatility in the past 3 months.
HBCP Share Price and Events
7 Day Returns
5.2%
NasdaqGS:HBCP
-4.5%
US Mortgage
2.4%
US Market
1 Year Returns
-27.2%
NasdaqGS:HBCP
-32%
US Mortgage
-10%
US Market
HBCP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Home Bancorp (HBCP) 5.2% 3.6% -32.1% -27.2% -20.4% 18.8%
US Mortgage -4.5% -30.7% -37.7% -32% -30.1% -16%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • HBCP outperformed the Mortgage industry which returned -32% over the past year.
  • HBCP underperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
HBCP
Industry
5yr Volatility vs Market

Value

 Is Home Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Home Bancorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Home Bancorp.

NasdaqGS:HBCP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $36.81 * 7.8%
$2.87
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. $36.81
Discount Rate (Cost of Equity) See below 6.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:HBCP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.711 (1 + (1- 21%) (21.51%))
0.887
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.887 * 5.44%)
6.57%

Discounted Cash Flow Calculation for NasdaqGS:HBCP using Excess Returns Model Model

The calculations below outline how an intrinsic value for Home Bancorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqGS:HBCP Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (7.8% – 6.57%) * $36.81)
$0.45
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.45 / (6.57% - 1.74%)
$9.40
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $36.81 + $9.40
$46.21
NasdaqGS:HBCP Discount to Share Price
Calculation Result
Value per share (USD) From above. $46.21
Current discount Discount to share price of $25.96
= -1 x ($25.96 - $46.21) / $46.21
43.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Home Bancorp is available for.
Intrinsic value
44%
Share price is $25.96 vs Future cash flow value of $46.21
Current Discount Checks
For Home Bancorp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Home Bancorp's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Home Bancorp's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Home Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Home Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:HBCP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $3.08
NasdaqGS:HBCP Share Price ** NasdaqGS (2020-04-08) in USD $25.96
United States of America Mortgage Industry PE Ratio Median Figure of 121 Publicly-Listed Mortgage Companies 10.37x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Home Bancorp.

NasdaqGS:HBCP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:HBCP Share Price ÷ EPS (both in USD)

= 25.96 ÷ 3.08

8.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Home Bancorp is good value based on earnings compared to the US Mortgage industry average.
  • Home Bancorp is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Home Bancorp's expected growth come at a high price?
Raw Data
NasdaqGS:HBCP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
-12.6%per year
United States of America Mortgage Industry PEG Ratio Median Figure of 46 Publicly-Listed Mortgage Companies -0.35x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

NasdaqGS:HBCP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.43x ÷ -12.6%

-0.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Home Bancorp earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Home Bancorp's assets?
Raw Data
NasdaqGS:HBCP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $34.19
NasdaqGS:HBCP Share Price * NasdaqGS (2020-04-08) in USD $25.96
United States of America Mortgage Industry PB Ratio Median Figure of 133 Publicly-Listed Mortgage Companies 0.77x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
NasdaqGS:HBCP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:HBCP Share Price ÷ Book Value per Share (both in USD)

= 25.96 ÷ 34.19

0.76x

* Primary Listing of Home Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Home Bancorp is good value based on assets compared to the US Mortgage industry average.
X
Value checks
We assess Home Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Home Bancorp has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Home Bancorp expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-12.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Home Bancorp expected to grow at an attractive rate?
  • Home Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Home Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Home Bancorp's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:HBCP Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:HBCP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts -12.6%
NasdaqGS:HBCP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -7.8%
United States of America Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 1.1%
United States of America Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:HBCP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:HBCP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 83 22 3
2020-12-31 82 22 3
2020-04-09
NasdaqGS:HBCP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 96 44 28
2019-09-30 96 46 29
2019-06-30 99 53 31
2019-03-31 101 39 32
2018-12-31 102 47 32
2018-09-30 99 35 27
2018-06-30 90 29 23
2018-03-31 82 38 19
2017-12-31 75 25 17
2017-09-30 72 33 18
2017-06-30 71 35 18
2017-03-31 71 25 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Home Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Home Bancorp's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:HBCP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Home Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HBCP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.54 2.70 2.30 3.00
2020-12-31 2.53 2.57 2.47 3.00
2020-04-09
NasdaqGS:HBCP Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 3.08
2019-09-30 3.23
2019-06-30 3.38
2019-03-31 3.52
2018-12-31 3.48
2018-09-30 3.08
2018-06-30 2.77
2018-03-31 2.53
2017-12-31 2.36
2017-09-30 2.57
2017-06-30 2.62
2017-03-31 2.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Home Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Home Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Home Bancorp has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Home Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Home Bancorp's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Home Bancorp has delivered over 20% year on year earnings growth in the past 5 years.
  • Home Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Home Bancorp's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.
Earnings and Revenue History
Home Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Home Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HBCP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 96.20 27.93 54.97
2019-09-30 96.48 29.42 54.73
2019-06-30 98.97 30.82 53.66
2019-03-31 100.98 32.02 53.93
2018-12-31 101.51 31.59 54.50
2018-09-30 98.69 26.74 52.18
2018-06-30 90.22 22.57 48.64
2018-03-31 82.03 19.28 44.30
2017-12-31 75.49 16.82 40.93
2017-09-30 71.72 17.86 39.53
2017-06-30 71.38 18.13 39.25
2017-03-31 71.42 17.66 39.41
2016-12-31 70.37 16.01 40.53
2016-09-30 70.18 15.69 40.74
2016-06-30 68.45 14.23 40.37
2016-03-31 65.14 13.05 39.21
2015-12-31 61.24 12.55 36.79
2015-09-30 58.70 11.40 35.60
2015-06-30 57.66 11.37 34.79
2015-03-31 57.56 11.29 34.56
2014-12-31 56.85 9.87 36.23
2014-09-30 53.75 8.77 34.79
2014-06-30 50.99 8.37 33.20
2014-03-31 46.41 6.87 31.46
2013-12-31 44.23 7.29 28.55
2013-09-30 44.80 7.91 28.53
2013-06-30 46.01 8.48 28.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Home Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Home Bancorp used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Home Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Home Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Home Bancorp has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Home Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Home Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Home Bancorp Company Filings, last reported 3 months ago.

NasdaqGS:HBCP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 316.33 46.16 40.30
2019-09-30 314.68 53.39 61.74
2019-06-30 313.49 60.15 72.02
2019-03-31 308.94 63.43 104.48
2018-12-31 304.04 64.24 60.56
2018-09-30 295.69 59.58 62.91
2018-06-30 289.36 69.97 81.92
2018-03-31 283.09 70.89 126.56
2017-12-31 277.87 71.83 152.84
2017-09-30 192.62 64.80 52.82
2017-06-30 188.94 67.49 53.09
2017-03-31 184.72 118.18 54.02
2016-12-31 179.84 118.53 31.20
2016-09-30 177.36 138.83 26.08
2016-06-30 173.57 135.08 29.28
2016-03-31 169.16 113.01 22.61
2015-12-31 165.05 125.15 29.94
2015-09-30 162.29 153.44 29.30
2015-06-30 158.90 39.04 35.75
2015-03-31 156.78 45.20 35.70
2014-12-31 154.14 67.87 27.86
2014-09-30 151.12 115.54 60.39
2014-06-30 148.08 123.24 62.10
2014-03-31 144.38 102.18 63.98
2013-12-31 141.91 97.00 21.98
2013-09-30 140.22 50.90 39.14
2013-06-30 138.16 52.50 55.24
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Home Bancorp has an acceptable proportion of non-loan assets held.
  • Home Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Home Bancorp are broadly funded by customer deposits.
  • Home Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Home Bancorp has a low allowance for bad loans.
  • Home Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Home Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Home Bancorp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Home Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.39%
Current annual income from Home Bancorp dividends. Estimated to be 3.43% next year.
If you bought $2,000 of Home Bancorp shares you are expected to receive $68 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Home Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.93%).
  • Home Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (5.46%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:HBCP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 88 Stocks 4.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:HBCP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.90 2.00
2020-12-31 0.88 2.00
2020-04-09
NasdaqGS:HBCP Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-13 0.880 3.789
2020-01-28 0.880 2.657
2019-11-08 0.880 2.276
2019-10-29 0.880 2.256
2019-08-09 0.840 2.204
2019-07-23 0.840 2.295
2019-05-10 0.840 2.307
2019-04-23 0.840 2.312
2019-03-13 0.800 2.257
2019-01-29 0.800 2.270
2018-11-07 0.800 2.187
2018-10-23 0.800 2.015
2018-08-07 0.680 1.549
2018-07-24 0.680 1.480
2018-05-08 0.680 1.486
2018-04-24 0.680 1.558
2018-01-30 0.600 1.419
2017-11-07 0.560 1.324
2017-10-24 0.560 1.323
2017-08-08 0.560 1.364
2017-07-25 0.560 1.394
2017-05-08 0.560 1.441
2017-04-25 0.560 1.527
2016-10-26 0.480 1.397
2016-10-25 0.480 1.705
2016-08-08 0.400 1.418
2016-07-26 0.400 1.400
2016-05-09 0.400 1.449
2016-04-26 0.400 1.423
2016-03-14 0.360 1.333
2016-01-26 0.360 1.432
2015-11-09 0.320 1.228
2015-10-27 0.320 1.245
2015-08-07 0.280 1.110
2015-07-28 0.280 1.153
2015-04-28 0.280 1.196
2014-11-25 0.280 1.275

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Home Bancorp has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Home Bancorp only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Home Bancorp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Home Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Home Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Home Bancorp has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Home Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Bordelon
COMPENSATION $893,650
AGE 63
TENURE AS CEO 12.3 years
CEO Bio

Mr. John W. Bordelon has been the Chief Executive Officer and President of Home Bank, National Association, a subsidiary of Home Bancorp, Inc. since 1993. Mr. Bordelon also serves as the Chief Executive Officer and President at Home Bancorp, Inc. and has been its Director since May 2008. He has been a Director of Home Bank, National Association since 1990. Mr. Bordelon previously served in various management and other positions since joining Home Bank, National Association in 1981. As President and Chief Executive Officer, Mr. Bordelon brings to the Board extensive knowledge of Home Bank, National Association operations gained from his more than 37 years of banking experience. He serves on the Board of Directors for Community Foundation of Acadiana. In addition, he served as Chairman for the Greater Lafayette Chamber of Commerce and served as a board member for Southwest Medical Center, United Way of Acadiana, Louisiana Open, Ascension Day School, Women’s and Children’s Hospital and Universtiy of Louisiana’s Athletic Foundation Advisory Committee. He is the founder of the Ragin Cajun Athletic Foundation. The Board believes Mr. Bordelon’s career service in banking and his community service make him well qualified to serve as a Director.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year, both up more than 20%.
  • John's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Home Bancorp management team in years:

12
Average Tenure
58.5
Average Age
  • The average tenure for the Home Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

John Bordelon

TITLE
President
COMPENSATION
$894K
AGE
63
TENURE
12.3 yrs

Joe Zanco

TITLE
Executive VP & CFO
COMPENSATION
$393K
AGE
49
TENURE
12 yrs

Jason Freyou

TITLE
Executive VP & COO
COMPENSATION
$387K
AGE
54
TENURE
5.1 yrs

Daniel Guidry

TITLE
Independent Director & Corporate Secretary
COMPENSATION
$62K
AGE
66
Board of Directors Tenure

Average tenure and age of the Home Bancorp board of directors in years:

11.9
Average Tenure
64
Average Age
  • The average tenure for the Home Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Mike Maraist

TITLE
Independent Chairman of the Board
COMPENSATION
$72K
AGE
71
TENURE
12.3 yrs

John Bordelon

TITLE
President
COMPENSATION
$894K
AGE
63
TENURE
11.9 yrs

Daniel Guidry

TITLE
Independent Director & Corporate Secretary
COMPENSATION
$62K
AGE
66
TENURE
2.3 yrs

Paul Blanchet

TITLE
Independent Director
COMPENSATION
$58K
AGE
64
TENURE
11.9 yrs

John Hendry

TITLE
Independent Director
COMPENSATION
$57K
AGE
69
TENURE
20.3 yrs

Chris Rader

TITLE
Independent Director
COMPENSATION
$62K
AGE
51
TENURE
3.8 yrs

Aubrey Cole

TITLE
Independent Director
COMPENSATION
$63K
AGE
56
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Home Bancorp individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
16. Mar 20 Buy Michael Maraist Individual 12. Mar 20 12. Mar 20 970 $23.25 $22,553
13. Mar 20 Buy Michael Maraist Individual 02. Mar 20 02. Mar 20 5,000 $33.55 $167,739
10. Mar 20 Buy Jason Freyou Individual 10. Mar 20 10. Mar 20 102 $26.22 $2,674
10. Mar 20 Buy Michael Maraist Individual 06. Mar 20 06. Mar 20 4,030 $32.00 $128,960
20. Nov 19 Buy Chris Rader Individual 20. Nov 19 20. Nov 19 875 $38.40 $33,600
06. Sep 19 Sell Joseph Zanco Individual 05. Sep 19 05. Sep 19 -6,000 $37.68 $-226,080
22. Aug 19 Sell Leon Maraist Individual 26. Jul 19 26. Jul 19 -50 $37.75 $-1,888
22. Aug 19 Sell Leon Maraist Individual 31. Jul 19 31. Jul 19 -1,950 $37.50 $-73,125
10. Jun 19 Buy Chris Rader Individual 07. Jun 19 07. Jun 19 1,000 $35.90 $35,900
10. May 19 Sell John Bordelon Individual 09. May 19 09. May 19 -2 $36.35 $-73
10. May 19 Sell John Bordelon Individual 10. May 19 10. May 19 -1,367 $36.26 $-49,572
09. May 19 Sell John Bordelon Individual 07. May 19 07. May 19 -3,101 $36.49 $-113,146
X
Management checks
We assess Home Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Home Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Introducing Home Bancorp (NASDAQ:HBCP), A Stock That Climbed 65% In The Last Five Years

There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … It is important to consider the total shareholder return, as well as the share price return, for any given stock. … As it happens, Home Bancorp's TSR for the last 5 years was 78%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Do Home Bancorp's (NASDAQ:HBCP) Earnings Warrant Your Attention?

In contrast to all that, I prefer to spend time on companies like Home Bancorp (NASDAQ:HBCP), which has not only revenues, but also profits. … As a result, I'm encouraged by the fact that insiders own Home Bancorp shares worth a considerable sum. … I discovered that the median total compensation for the CEOs of companies like Home Bancorp with market caps between US$200m and US$800m is about US$1.9m.

Simply Wall St -

Home Bancorp, Inc. (NASDAQ:HBCP)'s Could Be A Buy For Its Upcoming Dividend

Last year's total dividend payments show that Home Bancorp has a trailing yield of 2.2% on the current share price of $37.48. … See our latest analysis for Home Bancorp Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. … Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share.

Simply Wall St -

Read This Before You Buy Home Bancorp, Inc. (NASDAQ:HBCP) Because Of Its P/E Ratio

The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Home Bancorp: P/E of 10.49 = $36.93 ÷ $3.52 (Based on the year to March 2019.) Is A High P/E Ratio Good? … All else being equal, it's better to pay a low price -- but as Warren Buffett said, 'It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.' Does Home Bancorp Have A Relatively High Or Low P/E For Its Industry? … The Bottom Line On Home Bancorp's P/E Ratio Home Bancorp has a P/E of 10.5.

Simply Wall St -

What Percentage Of Home Bancorp, Inc. (NASDAQ:HBCP) Shares Do Insiders Own?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' With a market capitalization of US$341m, Home Bancorp is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Home Bancorp NasdaqGS:HBCP Ownership Summary, June 26th 2019 What Does The Institutional Ownership Tell Us About Home Bancorp? … Insider Ownership Of Home Bancorp While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

Is Home Bancorp, Inc.'s (NASDAQ:HBCP) CEO Paid At A Competitive Rate?

View our latest analysis for Home Bancorp How Does John Bordelon's Compensation Compare With Similar Sized Companies? … A first glance this seems like a real positive for shareholders, since John Bordelon is paid less than the average total compensation paid by similar sized companies. … I think that the total shareholder return of 35%, over three years, would leave most Home Bancorp, Inc.

Simply Wall St -

If You Had Bought Home Bancorp (NASDAQ:HBCP) Stock Five Years Ago, You Could Pocket A 79% Gain Today

(NASDAQ:HBCP) share price is up 79% in the last 5 years, clearly besting than the market return of around 46% (ignoring dividends). … Over half a decade, Home Bancorp managed to grow its earnings per share at 27% a year. … A Different Perspective Investors in Home Bancorp had a tough year, with a total loss of 16% (including dividends), against a market gain of about 6.3%.

Simply Wall St -

Here's Why I Think Home Bancorp (NASDAQ:HBCP) Is An Interesting Stock

In contrast to all that, I prefer to spend time on companies like Home Bancorp (NASDAQ:HBCP), which has not only revenues, but also profits. … How Quickly Is Home Bancorp Increasing Earnings Per Share. … Home Bancorp maintained stable EBIT margins over the last year, all while growing revenue 34% to US$102m.

Simply Wall St -

What Kind Of Shareholder Appears On The Home Bancorp, Inc.'s (NASDAQ:HBCP) Shareholder Register?

The big shareholder groups in Home Bancorp, Inc. … With a market capitalization of US$334m, Home Bancorp is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Home Bancorp

Simply Wall St -

Have Insiders Been Selling Home Bancorp, Inc. (NASDAQ:HBCP) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in Home Bancorp, Inc. … The Last 12 Months Of Insider Transactions At Home Bancorp.

Simply Wall St -

Company Info

Description

Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts. The company also provides various loan products, such as one-to four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. In addition, it invests in securities; and offers online banking services. The company operates through a network of 39 banking offices in the Acadiana, Baton Rouge, Greater New Orleans, and Northshore regions of south Louisiana; and the Natchez and Vicksburg regions of west Mississippi. Home Bancorp, Inc. was founded in 1908 and is headquartered in Lafayette, Louisiana.

Details
Name: Home Bancorp, Inc.
HBCP
Exchange: NasdaqGS
Founded: 1908
$235,989,250
9,090,495
Website: http://www.home24bank.com
Address: Home Bancorp, Inc.
503 Kaliste Saloom Road,
Lafayette,
Louisiana, 70508,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS HBCP Common Stock Nasdaq Global Select US USD 03. Oct 2008
Number of employees
Current staff
Staff numbers
0
Home Bancorp employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 02:18
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.