--- title: "Home Bancorp | 10-Q: FY2026 Q1 Revenue: USD 51.48 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285426743.md" datetime: "2026-05-06T19:52:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285426743.md) - [en](https://longbridge.com/en/news/285426743.md) - [zh-HK](https://longbridge.com/zh-HK/news/285426743.md) --- # Home Bancorp | 10-Q: FY2026 Q1 Revenue: USD 51.48 M Revenue: As of FY2026 Q1, the actual value is USD 51.48 M. EPS: As of FY2026 Q1, the actual value is USD 1.45, beating the estimate of USD 1.3875. EBIT: As of FY2026 Q1, the actual value is USD -20.12 M. Home Bancorp, Inc. operates as a single reportable operating segment, therefore no segmented financial disclosures are available . #### Operational Metrics - **Net Income**: For the three months ended March 31, 2026, net income was $11.4 million, an increase of $396,000 or 3.6% compared to $11.0 million for the same period in 2025 . - **Total Assets**: Increased by $62.0 million, or 1.8%, to $3.6 billion at March 31, 2026, from December 31, 2025 . - **Total Loans**: Decreased by $15.9 million, or 0.6%, to $2.7 billion at March 31, 2026, from December 31, 2025 . - One- to four-family first mortgage loans were $476,079,000 at March 31, 2026, down from $493,446,000 at December 31, 2025 . - Home equity loans and lines were $91,550,000 at March 31, 2026, down from $92,574,000 at December 31, 2025 . - Commercial real estate loans were $1,182,501,000 at March 31, 2026, down from $1,190,388,000 at December 31, 2025 . - Construction and land loans were $340,057,000 at March 31, 2026, up from $329,227,000 at December 31, 2025 . - Multi-family residential loans were $179,982,000 at March 31, 2026, up from $177,825,000 at December 31, 2025 . - Commercial and industrial loans were $428,075,000 at March 31, 2026, down from $430,517,000 at December 31, 2025 . - Consumer loans were $29,902,000 at March 31, 2026, down from $30,046,000 at December 31, 2025 . - **Provision for Loan Losses**: The Company provisioned $922,000 for the three months ended March 31, 2026, compared to $394,000 for the same period in 2025, primarily due to an increase in individually impaired loan reserves, partially offset by loan reduction . - **Allowance for Loan Losses (ALL)**: Totaled $33.7 million (1.23% of total loans) at March 31, 2026, compared to $33.1 million (1.21% of total loans) at December 31, 2025 . - **Allowance for Credit Losses (ACL)**: Totaled $35.3 million (1.29% of total loans) at March 31, 2026, compared to $34.8 million (1.27% of total loans) at December 31, 2025 . - **Nonperforming Assets**: Increased by $3.8 million, or 10.5%, to $39.9 million (1.12% of total assets) at March 31, 2026, from $36.1 million (1.03% of total assets) at December 31, 2025, mainly due to several loan relationships being placed on nonaccrual status, partially offset by loan paydowns and payoffs . - **Total Deposits**: Increased by $54.0 million, or 1.8%, to $3.0 billion at March 31, 2026, from December 31, 2025 . - **Net Interest Margin**: Was 4.16% for the three months ended March 31, 2026, up 25 basis points from the same period in 2025, primarily due to a decline in the average cost of interest-bearing liabilities . - **Average Rate Paid on Total Interest-Bearing Deposits**: Was 2.29% for the first quarter of 2026, down 22 basis points from the first quarter of 2025 . - **Total Interest Expense**: Was $13.3 million for the first quarter of 2026, a decrease of $2.2 million or 14.2% compared to the first quarter of 2025, mainly due to a decrease in FHLB borrowing interest . - **Noninterest Income**: Was $3.7 million for the first quarter of 2026, a decrease of $271,000 or 6.8% compared to the first quarter of 2025, primarily driven by decreases in other income (down $266,000) and gain on sale of loans (down $147,000), partially offset by an increase in service fees and charges (up $128,000) . - **Noninterest Expense**: Was $22.9 million for the first quarter of 2026, an increase of $1.4 million or 6.3% compared to the first quarter of 2025, primarily due to increases in compensation and benefits (up $1.1 million) and other expenses (up $786,000), partially offset by decreases in foreclosed assets (down $173,000), franchise and shares tax (down $136,000), and occupancy expense (down $132,000) . #### Credit Quality - **Loans by Credit Quality Classification (March 31, 2026)**: - Pass loans totaled $2,655,498,000 . - Special Mention loans totaled $11,148,000 . - Substandard loans totaled $61,500,000 . - Doubtful loans totaled $0 . - **Past Due Loans (March 31, 2026)**: - Total past due loans were $48,462,000, including $16,884,000 for 30-59 days past due, $6,480,000 for 60-89 days past due, and $25,098,000 for greater than 90 days past due . - Current loans were $2,679,684,000 . - Loans greater than 90 days past due and accruing were $14,000 at March 31, 2026, compared to $65,000 at December 31, 2025 . - **Nonaccrual Loans (March 31, 2026)**: Total nonaccrual loans were $35,795,000, comprising various loan types . - **Collateral Dependent Loans (March 31, 2026)**: Totaled $10,024,000 with a related ACL of $2,224,000 . - **Loan Modifications**: During Q1 2026, the Company had $4,942,000 in term extensions and $185,000 in interest rate reductions for loans to borrowers experiencing financial difficulty . One commercial real estate loan of $1.1 million defaulted in Q1 2026 after being modified within the last 12 months . - **Foreclosed Assets and ORE**: Totaled $4,093,000 at March 31, 2026, up from $1,929,000 at December 31, 2025 . #### Investment Securities - **Available for Sale Securities (March 31, 2026)**: Had a fair value of $385,729,000 (amortized cost $409,716,000), with gross unrealized losses of $24,277,000 . - **Held to Maturity Securities (March 31, 2026)**: Had a fair value of $531,000 (amortized cost $530,000) . - **Unrealized Losses**: At March 31, 2026, 214 debt securities had unrealized losses totaling 6.3% of their amortized cost basis and 5.9% of the total amortized cost basis of the investment securities portfolio . Management determined these losses were not attributable to credit losses . #### Derivatives and Hedging Activities - **Cash Flow Hedges**: Home Bancorp, Inc. uses interest rate swaps to hedge variable rate liabilities . An additional $768,000 is estimated to be reclassified as additional interest expense from Accumulated Other Comprehensive Income during the next twelve months . - **Fair Value of Derivative Instruments (March 31, 2026)**: Derivative assets were $1,101,000 and derivative liabilities were $211,000 . - **Accumulated Unrealized Gains**: Totaled $625,000, net of taxes, at March 31, 2026 . #### Long-term Debt and Borrowings - **Subordinated Debt**: The carrying value was $54,729,000 at March 31, 2026 . - **Federal Home Loan Bank Advances**: The average balance was $1,908,000 for Q1 2026, a decrease of $178,750,000 compared to Q1 2025 . Long-term FHLB advances were $0 at March 31, 2026, down from $3,024,000 at December 31, 2025 . #### Outlook and Strategy No specific future outlook or guidance content was explicitly provided within the Management’s Discussion and Analysis section beyond the statement that the Company undertakes no obligation to update forward-looking statements . ### Related Stocks - [HBCP.US](https://longbridge.com/en/quote/HBCP.US.md) ## Related News & Research - [HOME BANCORP, INC. 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