Operating cash flow remains robust, evidenced by an OCF/NI ratio that peaked at 1.87 in 2024Q3, supporting consistent dividend payments of approximately $2.4 million per quarter.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 |
|---|
| Cash from Operations | 58.75M | 54.51M | 48.73M | 41.36M | 51.2M | 55.72M | 49.03M | 43.94M | 47.13M | 24.75M | 20.49M | 36.17M | 27.9M | 21.27M | 11.34M | 17.52M | -80.47K | 4.44M | 7.92M | 3.8M | 3.66M |
| Operating CF Growth % | 114.73% | 11.85% | 17.83% | -19.23% | -8.11% | 13.63% | 11.59% | -6.77% | 90.41% | 20.81% | -43.35% | 29.62% | 31.14% | 87.59% | -35.27% | 21872.79% | -101.81% | -43.92% | 108.72% | 3.71% | - |
| Net Income | 46.46M | 46.06M | 36.43M | 40.24M | 34.07M | 48.62M | 24.77M | 27.93M | 31.59M | 16.82M | 16.01M | 12.55M | 9.87M | 7.29M | 9.19M | 5.12M | 4.69M | 4.68M | 2.72M | 3.32M | 4.02M |
| Depreciation & Amortization | 1.9M | 3.31M | 3.5M | 3.57M | 3.46M | 3.08M | 3.22M | 2.99M | 2.65M | 2.16M | 2.05M | 1.99M | 1.9M | 1.62M | 1.65M | 1.43M | 1.14M | 885.97K | 836.26K | 921K | 798.91K |
| Deferred Taxes | -224K | -123K | -44K | -33K | -882K | 2.54M | -1.59M | 137K | 2.14M | 5.23M | -321K | 630.86K | 516.46K | -1.26M | 324.1K | 1.65M | -616.96K | -1.55M | -1.16M | -435.35K | -97.61K |
| Other Non-Cash Items | 8.23M | 1.63M | 4.87M | 5.38M | 13.63M | 4.18M | 18.49M | 6.51M | 17.92M | 8.84M | 9.52M | 6.49M | 11.39M | 9.38M | -1.35M | 10.56M | -4.71M | 2.12M | 5.43M | 853.73K | -530.37K |
| Working Capital Changes | -1.18M | 253K | 1.21M | -10.18M | -1.52M | -5.07M | 2.09M | 3.96M | -9.71M | -10.44M | -8.34M | 13.38M | 2.77M | 2.13M | -550.71K | -3.15M | -2.42M | -2.95M | 11.52K | -865.86K | -533.75K |
| Cash from Investing | 38.52M | -2.88M | -107.11M | -94.25M | -495.35M | 54.93M | -260.04M | -72.33M | -24.68M | 78.67M | -11.5M | -61.93M | -1.8M | -42.87M | 7.84M | -48.16M | 66.63M | 17.4M | -107.79M | -38.18M | -18.28M |
| Purchase of Investments | -44.66M | -26.04M | -10.51M | 0 | -238.5M | -167.58M | -91.98M | -68.52M | -78.46M | -57M | -47.08M | -21.64M | -25.81M | -42.93M | -48.3M | -64.02M | -57.81M | -33.92M | -91.88M | -25.62M | -17.27M |
| Sale/Maturity of Investments | 69.96M | 54.77M | 43.78M | 63.32M | 58.92M | 86.55M | 101.44M | 76.38M | 57.67M | 56.65M | 37.69M | 51.69M | 96.71M | 37.55M | 49.44M | 79.52M | 76.8M | 40.87M | 21.21M | 20.11M | 32.89M |
| Net Investment Activity | 25.3M | 28.74M | 33.27M | 63.32M | -179.58M | -81.03M | 9.46M | 7.86M | -20.79M | -351K | -9.38M | 30.05M | 70.9M | -5.38M | 1.14M | 15.5M | 19M | 6.95M | -70.67M | -5.51M | 15.62M |
| Acquisitions | 0 | 0 | 0 | 0 | -27.3M | 0 | 0 | 0 | 0 | 68.21M | 0 | -56.4M | -23M | 0 | 0 | -17.16M | 46.89M | 0 | 0 | 0 | 0 |
| Other Investing | 21.86M | -21.45M | -136.32M | -155.55M | -285.76M | 138.43M | -267.35M | -76.35M | 1.11M | 12.73M | 2M | -34.75M | -46.39M | -36.15M | 8.15M | -45.32M | 9.02M | 12.2M | -32.67M | -30.51M | -33.16M |
| Cash from Financing | 15.56M | -8.57M | 81.09M | 41.33M | -69.89M | 302.85M | 359.11M | 8.62M | -113.24M | 17.68M | -4.47M | 21.49M | -29.66M | 14.7M | -11.41M | 25.43M | -55.28M | -16.28M | 108.28M | 18.73M | 25.81M |
| Dividends Paid | -9.23M | -8.99M | -8.19M | -8.22M | -7.78M | -7.87M | -7.9M | -7.9M | -6.71M | -4.07M | -2.99M | -2.16M | -498.82K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -6.77M | -14.36M | -4.77M | -5.26M | -11.33M | -8.9M | -14.01M | -15.45M | -1.19M | -70K | -357K | -3.47M | -561.49K | -6.29M | -5.83M | -5.47M | -8.58M | -6.08M | -2M | 0 | 0 |
| Stock Issued | 296K | 727K | 0 | 0 | 0 | 383K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 89.27M | 0 | 0 |
| Net Stock Activity | -6.47M | -13.63M | -4.77M | -5.26M | -11.33M | -8.52M | -14.01M | -15.45M | -1.19M | -70K | -357K | -3.47M | -561.49K | -6.29M | -5.83M | -5.47M | -8.58M | -6.08M | 87.27M | 0 | 0 |
| Debt Issuance (Net) | -4M | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K |
| Other Financing | 200.06M | 192.1M | 111.22M | 38.31M | -254.82M | 322.03M | 392.85M | 50.1M | -92.12M | 85.85M | 5.35M | 25.34M | 30.05M | -29.95M | 41.34M | -15.32M | -26.13M | 17.45M | -6.53M | 7.29M | 37.85M |
| Net Change in Cash | 112.82M | 43.06M | 22.72M | -11.57M | -514.04M | 413.49M | 148.1M | -19.77M | -90.8M | 121.1M | 4.52M | -4.28M | -3.56M | -6.9M | 7.77M | -5.2M | 11.26M | 5.56M | 8.4M | -15.65M | 11.19M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 141.6M | 98.55M | 75.83M | 87.4M | 601.44M | 187.95M | 39.85M | 59.62M | 150.42M | 29.32M | 24.8M | 29.08M | 32.64M | 39.54M | 31.77M | 36.97M | 25.71M | 20.15M | 11.75M | 27.4M | 16.21M |
| Cash at End | 223.48M | 141.6M | 98.55M | 75.83M | 87.4M | 601.44M | 187.95M | 39.85M | 59.62M | 150.42M | 29.31M | 24.8M | 29.08M | 32.64M | 39.54M | 31.77M | 36.97M | 25.71M | 20.15M | 11.75M | 27.4M |
| Interest Paid | 28.31M | 0 | 62.1M | 41.88M | 7.74M | 6.22M | 11.93M | 16.07M | 10.39M | 6.55M | 5.21M | 3.84M | 3.52M | 3.38M | 5.79M | 5.17M | 5.88M | 6.36M | 8.76M | 9.9M | 0 |
| Income Taxes Paid | 8.88M | 0 | 6.52M | 12.63M | 6.54M | 12M | 5.43M | 3.17M | 5.08M | 10.05M | 7.91M | 3.7M | 5.14M | 3.02M | 5.45M | 1.43M | 3.5M | 3.77M | 2.45M | 2.12M | 0 |
| Free Cash Flow | 50.1M | 44.34M | 44.67M | 39.33M | 48.49M | 53.24M | 46.88M | 40.1M | 42.12M | 22.84M | 16.38M | 35.34M | 24.6M | 19.93M | 9.89M | 16.34M | -8.36M | 2.7M | 3.47M | 1.64M | 2.92M |
| FCF Growth % | 13.08% | -0.74% | 13.58% | -18.89% | -8.92% | 13.57% | 16.92% | -4.8% | 84.44% | 39.45% | -53.66% | 43.67% | 23.41% | 101.52% | -39.47% | 295.46% | -410.1% | -22.34% | 112.21% | -44.06% | - |
CRE and energy concentration
According to the bank's reported financial statements, HBCP consistently generated positive operating cash flows, with the OCF/NI ratio reaching a peak of 1.87 in 2024Q3, suggesting that the institution maintains a strong capacity to fund organic growth through internal earnings retention rather than external capital markets.
The bank's ability to maintain an OCF/NI ratio consistently above 1.0 indicates that net income is well-supported by cash-generative activities. This internal capital generation provides a stable foundation for the bank to support its loan growth without diluting shareholders or increasing leverage.
As reported in quarterly filings, HBCP has actively managed its investment portfolio, with net sales of securities reaching $27.3 million in 2026Q1, which suggests a tactical approach to liquidity management that likely offsets the cash requirements of ongoing loan originations in the current interest rate environment.
The consistent pattern of selling investment securities to generate cash suggests that management is utilizing the portfolio as a secondary liquidity buffer. Investors should monitor whether these sales are driven by a need to fund loan growth or a strategic repositioning of the portfolio duration.
Based on the provided cash flow data, HBCP maintains a disciplined capital return profile, with dividend payments holding steady at approximately $2.0 million to $2.4 million per quarter, while share buybacks remain minimal, indicating a preference for balance sheet preservation over aggressive return of excess capital.
The modest level of share repurchases suggests that management may be prioritizing capital adequacy or awaiting more favorable deployment opportunities. This conservative stance appears consistent with the bank's low debt-to-equity ratio and focus on long-term stability in the Acadiana market.
As evidenced by the quarterly cash flow data, the bank's provision for loan losses has fluctuated significantly, ranging from a net benefit of $481,000 in 2025Q2 to a peak expense of $1.1 million in 2024Q4, which warrants further investigation into the underlying credit quality of the portfolio.
The volatility in provision figures suggests that the bank's credit risk management is highly sensitive to periodic economic assessments. This reactive provisioning may indicate that the bank is adjusting its reserves to align with the cyclical nature of its regional commercial and industrial loan exposures.
Quick answers to the most common questions about buying HBCP stock.
Home Bancorp, Inc. (HBCP) generated $54.5M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Home Bancorp, Inc. (HBCP) generated $44.3M in free cash flow in 2025. Free cash flow is the cash left over after capital expenditures, which can be used to pay dividends, repurchase shares, or pay down debt.
Home Bancorp, Inc. (HBCP) spent $10.2M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.
In 2025, Home Bancorp, Inc. (HBCP) returned $9.0M to shareholders via cash dividends and spent $14.4M on share repurchases. This shows the company's commitment to returning capital to its equity investors.