Hometrust Bancshares, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
January 29, 2019 at 07:00 pm IST
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HomeTrust Bancshares, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced basic earnings per share was USD 0.45 compared to basic loss per share of USD 0.59 a year ago. Diluted earnings per share was USD 0.43 compared to USD 26,140 a year ago. Diluted earnings per share was USD 0.43 compared to diluted loss per share of USD 0.59 a year ago. Net interest income was USD 27.101 million compared to USD 25.360 million a year ago. Net income was USD 8.041 million compared to net loss of USD 10.666 million a year ago. For the half year, basic earnings per share was USD 0.88 compared to basic loss per share of USD 0.28 a year ago. Diluted earnings per share was USD 0.84 compared to diluted loss per share of USD 0.28 a year ago. Diluted earnings per share was USD 0.84 compared to USD 51,390 a year ago. Net interest income was USD 53.373 million compared to USD 50.061 million a year ago. Net income was USD 15.831 million compared to net loss of USD 5.099 million a year ago.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a state-chartered, community-focused financial institution committed to providing value-added relationship banking with over 30 locations, as well as online/mobile channels. Its principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans and other consumer loans. It also originates one-to-four family loans, SBA loans and HELOCs to sell to third parties. It invests in debt securities issued by United States Government agencies and GSEs, municipal bonds, corporate bonds, commercial paper and certificates of deposit insured by the Federal Deposit Insurance Corporation.