HomeTrust Bancshares (NASDAQ:HTBI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$47.4m (up 3.0% from 3Q 2023).

• Net income: US$13.1m (up 5.6% from 3Q 2023).

• Profit margin: 28% (in line with 3Q 2023).

• EPS: US$0.77 (up from US$0.74 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

HomeTrust Bancshares Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are down 3.6% from a week ago.

Valuation

Our analysis of HomeTrust Bancshares based on 6 different valuation metrics shows it might be undervalued. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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