HomeTrust Bancshares Reports Q3 Earnings and Dividend Increase
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HomeTrust Bancshares, Inc. reported its Q3 earnings, showing a slight decline in net income to $16.5 million from $17.2 million in the previous quarter, but a year-to-date increase to $48.2 million compared to $40.6 million last year. The company announced an 8.3% increase in its quarterly cash dividend to $0.13 per share. Despite the quarterly dip, the net interest margin remained strong at 4.31%, and the annualized return on equity improved to 11.20%. HomeTrust Bancshares is positioned for continued growth, emphasizing shareholder value and market expansion in the southeastern U.S.
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