HomeTrust Bancshares, Inc. (HTB) 10-Year Financial Performance & Capital Metrics

HTB • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks

AboutHomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. Its deposit products include savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family real estate lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans that include commercial real estate, construction and development, and commercial and industrial loans. It also provides small business administration loans, equipment finance leases, indirect automobile loans, and municipal leases; and cash management and online/mobile banking services. As of June 30, 2021, the company operated 41 offices in North Carolina, Upstate South Carolina, East Tennessee, and Southwest Virginia. HomeTrust Bancshares, Inc. was founded in 1926 and is headquartered in Asheville, North Carolina.Show more

Net Interest Income $169M
Total Revenue $295M +11.0%
Net Income $55M +10.4%
Return on Equity 10.42% +1.9%
Net Interest Margin 3.67%
Efficiency Ratio 42.25%
ROA 1.18% +10.5%
Equity / Assets 12.01% +12.2%
Book Value per Share 32.40 +8.3%
Tangible BV/Share 30.01 +9.8%
Debt/Equity 0.02 -93.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 19.2%
✓Strong NIM of 3.7%
✓Efficient operations: 42.3% efficiency ratio
✓Well capitalized: 12.0% equity/assets
✓Trading at only 1.4x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y11.69%

5Y12.11%

3Y23.85%

TTM-

Profit (Net Income) CAGR

10Y21.18%

5Y19.19%

3Y15.41%

TTM-7.02%

EPS CAGR

10Y22.59%

5Y19.88%

3Y13.02%

TTM-8.29%

ROCE

10Y Avg4.9%

5Y Avg7.34%

3Y Avg8.42%

Latest8.21%

Peer Comparison

Southeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FFINFirst Financial Bankshares, Inc.	4.68B	32.65	20.93	18.79%	30.24%	14.14%	6.26%	0.12
FHNFirst Horizon Corporation	11.85B	24.44	17.97	4.71%	15.7%	9.58%	10.33%	0.50
AUBAtlantic Union Bankshares Corporation	5.47B	38.36	17.13	28.8%	15.53%	4.22%	5.51%	0.17
UCBUnited Community Banks, Inc.	4.09B	33.91	16.62	14.65%	17.05%	8.83%	7.4%	0.13
SNVSynovus Financial Corp.	6.95B	50.05	16.52	1.16%	14.09%	13.7%	11.01%	0.35
PNFPPinnacle Financial Partners, Inc.	14.67B	97.65	16.38	15.32%	16.65%	9.1%	5.5%	0.39
CADECadence Bank	8.27B	44.40	16.03	32.37%	18.03%	9.08%	9.39%	0.01
ABCBAmeris Bancorp	5.56B	81.41	15.69	9.75%	21.97%	9.91%	2.53%	0.11

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Dec 2023	Dec 2024
Net Interest Income+	81.71M	91.19M	101.33M	106.83M	104.1M	103.32M	110.77M	157.41M	0	168.68M
NII Growth %	0.02%	0.12%	0.11%	0.05%	-0.03%	-0.01%	0.07%	0.42%	-1%	-
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	87.75M	99.44M	117.4M	137.21M	136.25M	118.73M	116.11M	187.13M	0	261.62M
Interest Expense	6.04M	8.24M	16.07M	30.38M	32.15M	15.41M	5.34M	29.71M	0	92.94M
Loan Loss Provision	0	0	0	5.7M	8.5M	-7.13M	-592K	15.39M	0	7.54M
Non-Interest Income+	13.75M	15.42M	18.68M	22.5M	30.33M	41.13M	39.2M	28.95M	265.82M	33.46M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	101.5M	114.86M	136.08M	159.72M	166.59M	159.87M	155.31M	216.08M	265.82M	295.07M
Revenue Growth %	0.04%	0.13%	0.18%	0.17%	0.04%	-0.04%	-0.03%	0.39%	0.23%	0.11%
Non-Interest Expense	79.1M	89.57M	85.04M	89.69M	97.13M	132.49M	105.18M	113.81M	0	124.68M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	16.36M	17.04M	34.97M	33.94M	28.81M	19.1M	45.38M	57.16M	67.33M	69.91M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.55%	0.04%	1.05%	-0.03%	-0.15%	-0.34%	1.38%	0.26%	0.18%	0.04%
Pretax Income+	16.36M	17.04M	34.97M	33.94M	28.81M	19.1M	45.38M	57.16M	63.32M	69.91M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	4.9M	5.19M	26.74M	6.79M	6.02M	3.42M	9.72M	12.56M	13.28M	15.11M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	11.46M	11.85M	8.23M	27.15M	22.78M	15.68M	35.65M	44.6M	49.64M	54.8M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.43%	0.03%	-0.3%	2.3%	-0.16%	-0.31%	1.27%	0.25%	0.11%	0.1%
Net Income (Continuing)	11.46M	11.85M	8.23M	27.15M	22.78M	15.68M	35.65M	44.6M	50.04M	54.8M
EPS (Diluted)+	0.65	0.65	0.44	1.46	1.30	0.94	2.23	2.80	2.97	3.22
EPS Growth %	0.55%	0%	-0.32%	2.32%	-0.11%	-0.28%	1.37%	0.26%	0.06%	0.08%
EPS (Basic)	0.65	0.66	0.45	1.52	1.34	0.96	2.27	2.82	2.97	3.24
Diluted Shares Outstanding	17.61M	17.96M	18.73M	18.39M	17.29M	16.5M	15.81M	15.78M	16.7M	17.03M

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	443.97M	369.12M	366.75M	364.49M	482.28M	280.71M	323.1M	336.65M	381.86M	307.76M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	1.91B	2.43B	2.56B	2.72B	2.83B	2.82B	2.82B	3.8B	3.78B	3.81B
Investments Growth %	0.05%	0.27%	0.05%	0.06%	0.04%	-0%	0%	0.35%	-0.01%	0.01%
Long-Term Investments	1.71B	2.23B	2.41B	2.6B	2.7B	2.66B	2.7B	3.65B	3.66B	3.66B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	12.67M	25.64M	25.64M	25.64M	25.64M	25.64M	25.64M	34.11M	34.11M	34.11M
Intangible Assets	7.14M	7.17M	4.53M	2.5M	1.08M	343K	93K	10.78M	9.06M	6.59M
PP&E (Net)	54.23M	63.65M	62.54M	61.05M	58.46M	70.91M	69.09M	73.17M	70.94M	69.87M
Other Assets	120.14M	139.21M	132.43M	155.64M	172.72M	164.32M	157.57M	179.9M	214.05M	171.72M
Total Current Assets	755.21M	678.72M	640.26M	608.83M	750.11M	585.52M	588.41M	645.62M	676.01M	644.09M
Total Non-Current Assets	1.96B	2.53B	2.66B	2.87B	2.97B	2.94B	2.96B	3.96B	4B	3.95B
Total Assets+	2.72B	3.21B	3.3B	3.48B	3.72B	3.52B	3.55B	4.61B	4.67B	4.6B
Asset Growth %	-0.02%	0.18%	0.03%	0.05%	0.07%	-0.05%	0.01%	0.3%	0.01%	-0.02%
Return on Assets (ROA)	0%	0%	0%	0.01%	0.01%	0%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	492.96M	698.44M	636.91M	681.88M	475M	115M	0	210.23M	133.78M	10.12M
Net Debt	48.99M	329.31M	270.16M	317.39M	-7.28M	-165.71M	-323.1M	-126.42M	-248.08M	-297.64M
Long-Term Debt	491M	696.5M	635M	680M	475M	115M	0	9.97M	10.02M	10.12M
Short-Term Debt	0	0	0	0	0	0	0	200.26M	123.76M	0
Other Liabilities	62.05M	62M	61.76M	58.15M	53.83M	57.66M	60.6M	324.9M	377.58M	254.35M
Total Current Liabilities	1.8B	2.05B	2.2B	2.33B	2.79B	2.96B	3.1B	3.8B	3.79B	3.78B
Total Non-Current Liabilities	555M	760.43M	698.67M	740.02M	528.83M	172.66M	60.6M	334.87M	387.6M	264.47M
Total Liabilities	2.36B	2.81B	2.89B	3.07B	3.31B	3.13B	3.16B	4.14B	4.17B	4.04B
Total Equity+	359.98M	397.65M	409.24M	408.9M	408.26M	396.52M	388.85M	471.19M	499.89M	551.76M
Equity Growth %	-0.03%	0.1%	0.03%	-0%	-0%	-0.03%	-0.02%	0.21%	0.06%	0.1%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.03%	0.03%	0.02%	0.07%	0.06%	0.04%	0.09%	0.1%	0.1%	0.1%
Book Value per Share	20.45	22.15	21.85	22.23	23.61	24.04	24.59	29.86	29.93	32.40
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	180K	190K	191K	180K	170K	167K	156K	174K	174K	175K
Additional Paid-in Capital	186.1M	213.46M	217.48M	190.31M	169.65M	160.58M	126.11M	171.22M	172.37M	176.69M
Retained Earnings	179.81M	191.66M	200.57M	224.54M	242.78M	240.07M	270.28M	308.65M	333.4M	380.54M
Accumulated OCI	2.34M	273K	-1.6M	733K	2.02M	1.51M	-2.4M	-4.1M	-1.55M	-1.69M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Dec 2023	Dec 2024
Cash from Operations+	28.92M	15.12M	31.32M	7.63M	-39.09M	9.56M	33.13M	-42.4M	29.51M	44.97M
Operating CF Growth %	12.06%	-0.48%	1.07%	-0.76%	-6.12%	1.24%	2.47%	-2.28%	1.7%	0.52%
Net Income	11.46M	11.85M	8.23M	27.15M	22.78M	15.68M	35.65M	44.6M	49.64M	54.8M
Depreciation & Amortization	2.96M	-19K	505K	-556K	4.78M	12.22M	11.8M	13.41M	0	17.04M
Deferred Taxes	4.58M	4.95M	26.12M	5.35M	5.2M	3.57M	6.58M	-433K	0	1.1M
Other Non-Cash Items	-1.03M	-2.02M	-6.83M	-18.08M	-67M	-25.88M	-22.53M	-97.87M	-15.37M	-28.85M
Working Capital Changes	7.03M	-4.99M	-1.1M	-9.25M	-7.86M	751K	-2.03M	-5.24M	-4.77M	-2.55M
Cash from Investing+	-11.11M	-106.76M	-134.02M	-150.49M	-127.91M	149.5M	34.84M	-121.13M	-19.04M	21.28M
Purchase of Investments	-66.78M	-22.34M	-73.06M	-43.95M	-1.61B	-824.4M	-601.04M	-292.41M	-17.04M	-52.79M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	-10.79M	-225K	0	0	0	0	30.6M	8.05M	0
Other Investing	-72.37M	-199.06M	-77.95M	-126.27M	-45.92M	93.33M	22.63M	-316.43M	-10.2M	61.71M
Cash from Financing+	-81.38M	126.03M	86.46M	143.16M	217.57M	-229.69M	-13.84M	361.91M	33.17M	-134.17M
Dividends Paid	0	0	0	-3.18M	-4.55M	-5.02M	-5.45M	-6.23M	-3.55M	-7.67M
Share Repurchases	-27.96M	-569K	-494K	-30.84M	-24.71M	-16.36M	-43.69M	-344K	-139K	-1.01M
Stock Issued	0	0	0	0	0	0	0	0	152K	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	1000K	-1000K	-1000K	-1000K	1000K	-1000K	-1000K
Other Financing	-69.4M	-31.41M	148.45M	132.18M	451.83M	174.38M	150.3M	-64.06M	60.2M	120.27M
Net Change in Cash+	-63.56M	34.39M	-16.24M	297K	50.58M	-70.63M	54.13M	198.38M	0	-67.92M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	116.16M	52.6M	86.98M	70.75M	71.04M	121.62M	50.99M	105.12M	0	347.14M
Cash at End	52.6M	86.98M	70.75M	71.04M	121.62M	50.99M	105.12M	303.5M	0	279.22M
Interest Paid	6.47M	7.98M	15.72M	29M	33.31M	16.45M	5.31M	26.21M	0	90.21M
Income Taxes Paid	428K	383K	887K	1.55M	1.69M	532K	684K	7.68M	0	14M
Free Cash Flow+	28.12M	12.29M	27.86M	-11.07M	-56.52M	-18.4M	23.62M	-57.15M	15.05M	28.23M
FCF Growth %	11.33%	-0.56%	1.27%	-1.4%	-4.1%	0.67%	2.28%	-3.42%	1.26%	0.88%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.13%	3.13%	2.04%	6.64%	5.58%	3.9%	9.08%	10.37%	10.22%	10.42%
Return on Assets (ROA)	0.42%	0.4%	0.25%	0.8%	0.63%	0.43%	1.01%	1.09%	1.07%	1.18%
Net Interest Margin	3.01%	2.84%	3.07%	3.07%	2.8%	2.93%	3.12%	3.42%	0%	3.67%
Efficiency Ratio	77.93%	77.99%	62.49%	56.16%	58.31%	82.88%	67.73%	52.67%	0%	42.25%
Equity / Assets	13.25%	12.4%	12.39%	11.76%	10.97%	11.25%	10.96%	10.23%	10.7%	12.01%
Book Value / Share	20.45	22.15	21.85	22.23	23.61	24.04	24.59	29.86	29.93	32.4
NII Growth	2.43%	11.61%	11.12%	5.43%	-2.55%	-0.75%	7.21%	42.1%	-100%	-
Dividend Payout	-	-	-	11.7%	19.98%	32.01%	15.29%	13.97%	7.15%	13.99%

Frequently Asked Questions

Valuation & Price

HomeTrust Bancshares, Inc. (HTB) has a price-to-earnings (P/E) ratio of 13.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

HomeTrust Bancshares, Inc. (HTB) grew revenue by 11.0% over the past year. This is steady growth.

Yes, HomeTrust Bancshares, Inc. (HTB) is profitable, generating $54.3M in net income for fiscal year 2024 (18.6% net margin).

Dividend & Returns

Yes, HomeTrust Bancshares, Inc. (HTB) pays a dividend with a yield of 1.01%. This makes it attractive for income-focused investors.

HomeTrust Bancshares, Inc. (HTB) has a return on equity (ROE) of 10.4%. This is reasonable for most industries.

Industry Metrics

HomeTrust Bancshares, Inc. (HTB) has a net interest margin (NIM) of 3.7%. This indicates healthy earnings from lending activities.

HomeTrust Bancshares, Inc. (HTB) has an efficiency ratio of 42.3%. This is excellent, indicating strong cost control.

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