HomeTrust Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 24, 2024 at 08:15 am EDT
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HomeTrust Bancshares, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 41.23 million. Net income was USD 15.07 million.
Basic earnings per share from continuing operations was USD 0.88. Diluted earnings per share from continuing operations was USD 0.88.
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.