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Compared to Estimates, HomeTrust Bancshares (HTBI) Q1 Earnings: A Look at Key Metrics
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HomeTrust Bancshares (HTBI - Free Report) reported $50.79 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 21.1%. EPS of $0.88 for the same period compares to $0.60 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $50.05 million, representing a surprise of +1.48%. The company delivered an EPS surprise of +11.39%, with the consensus EPS estimate being $0.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how HomeTrust Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 4% compared to the 4.2% average estimate based on three analysts.
Efficiency Ratio: 58.2% compared to the 61.5% average estimate based on three analysts.
Net charge-offs to average loans: 0.3% compared to the 0.2% average estimate based on two analysts.
Total interest-earning assets - Average: $4.16 billion versus the two-analyst average estimate of $4.14 billion.
Total noninterest income: $8.63 million versus $7.12 million estimated by three analysts on average.
Gain on sale of loans held for sale: $1.29 million compared to the $1.29 million average estimate based on three analysts.
Net Interest Income: $42.16 million compared to the $45.15 million average estimate based on three analysts.
Service charges on deposit accounts: $2.32 million compared to the $2.20 million average estimate based on two analysts.
Other, net: $0.92 million versus the two-analyst average estimate of $0.87 million.
BOLI income: $1.75 million compared to the $0.79 million average estimate based on two analysts.
Loan income and fees: $0.56 million versus $0.82 million estimated by two analysts on average.
Shares of HomeTrust Bancshares have returned -9.6% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, HomeTrust Bancshares (HTBI) Q1 Earnings: A Look at Key Metrics
HomeTrust Bancshares (HTBI - Free Report) reported $50.79 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 21.1%. EPS of $0.88 for the same period compares to $0.60 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $50.05 million, representing a surprise of +1.48%. The company delivered an EPS surprise of +11.39%, with the consensus EPS estimate being $0.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how HomeTrust Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 4% compared to the 4.2% average estimate based on three analysts.
- Efficiency Ratio: 58.2% compared to the 61.5% average estimate based on three analysts.
- Net charge-offs to average loans: 0.3% compared to the 0.2% average estimate based on two analysts.
- Total interest-earning assets - Average: $4.16 billion versus the two-analyst average estimate of $4.14 billion.
- Total noninterest income: $8.63 million versus $7.12 million estimated by three analysts on average.
- Gain on sale of loans held for sale: $1.29 million compared to the $1.29 million average estimate based on three analysts.
- Net Interest Income: $42.16 million compared to the $45.15 million average estimate based on three analysts.
- Service charges on deposit accounts: $2.32 million compared to the $2.20 million average estimate based on two analysts.
- Other, net: $0.92 million versus the two-analyst average estimate of $0.87 million.
- BOLI income: $1.75 million compared to the $0.79 million average estimate based on two analysts.
- Loan income and fees: $0.56 million versus $0.82 million estimated by two analysts on average.
View all Key Company Metrics for HomeTrust Bancshares here>>>Shares of HomeTrust Bancshares have returned -9.6% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.