<p>Home Bancorp ((HBCP)) 舉行了第一季度的財報電話會議。請繼續閲讀會議的主要亮點。</p>
<h3>在 TipRanks 上享受 30% 的折扣</h3>
<ul>
<li>解鎖對沖基金級別的數據和強大的投資工具，以做出更聰明、更精準的決策</li>
<li>發現表現優異的股票投資理念，並升級到市場領先者的投資組合，使用智能投資者精選</li>
</ul>
<p>Home Bancorp 最近的財報電話會議傳達了謹慎樂觀的語氣，管理層強調了創紀錄的淨利息收入、擴大的利潤率和強勁的核心存款增長，儘管貸款餘額有所下降，信用指標顯示出一些壓力。高管們將本季度描述為一個有紀律的融資和資本管理超過了適度的信用和費用收入阻力的季度。</p>
<h2>創紀錄的淨利息收入創下新高</h2>
<p>Home Bancorp 在 2026 年第一季度的淨利息收入為 3450 萬美元，創下該銀行歷史上最高的季度水平，比上個季度增加了 43.4 萬美元。與去年同期相比，淨利息收入增加了 280 萬美元，突顯出資產負債表重組和融資成本措施對收入表的積極影響。</p>
<h2>盈利和每股收益趨勢顯示出持久增長</h2>
<p>淨收入達到 1140 萬美元，轉化為稀釋後每股收益 1.45 美元，同比增長 6%，比第四季度僅下降 0.01 美元。在過去兩年中，稀釋後每股收益增長超過 25%，表明儘管利率環境波動和存款競爭加劇，銀行的盈利能力穩步提升。</p>
<h2>淨利息利潤率因更好的定位而擴大</h2>
<p>淨利息利潤率擴大至 4.16%，環比上升 10 個基點，同比上升 25 個基點。管理層將這一改善歸因於融資成本降低和資產負債表的有利定位，表明之前的戰略舉措現在正在轉化為更高的收益資產收益率。</p>
<h2>融資成本降低，存款定價緩解</h2>
<p>利息-bearing 存款的平均成本下降 22 個基點至 2.29%，而整體存款成本下降 16 個基點至 1.68%。高管們強調，這一水平不到當前聯邦基金目標的一半，並指出利息-bearing 負債的成本比 2024 年第三季度的峯值下降了 64 個基點。</p>
<h2>核心存款增長增強融資組合</h2>
<p>本季度總存款增加 5400 萬美元，年化增速約為 7%，得益於更健康的核心融資。核心和非到期存款增加 1.18 億美元，非核心定期存款減少 6400 萬美元，非利息-bearing 餘額環比增加 3700 萬美元，佔總存款的 27%，使貸款與存款比率降至約 90%。</p>
<h2>資本積累和股東回報保持穩健</h2>
<p>每股有形賬面價值上升至 46.04 美元，比去年同期增長約 15%，反映了盈利留存和證券估值改善。自 2019 年以來，調整後的有形賬面價值年均增長約 9.7%，每股收益年均增長超過 11%，而季度股息增長超過 50%，銀行已回購約 17% 的股份。</p>
<h2>資產負債表變動提升流動性和收益率</h2>
<p>管理層已全額償還高成本的 FHLB 貸款，從 2024 年年末的 1.75 億美元大幅減少，改善了流動性和融資成本。在資產方面，新投資購買的收益率在第一季度超過 4%，而預計未來一年的滾動收益率為 2.43%，為積極的再投資動態奠定了基礎。</p>
<h2>地理擴張推動德克薩斯州增長</h2>
<p>德克薩斯州繼續成為關鍵的增長引擎，州內貸款佔總投資組合的約 21%，高於 2022 年收購時的 15%。為了支持這一勢頭，Home Bancorp 在本季度開設了新的西北休斯頓分行，目標是一個快速增長、人口結構吸引的市場。</p>
<h2>在利率不確定性中貸款餘額下降</h2>
<p>第一季度總貸款下降 1%，因還款和償還超過了新發放的貸款，反映出客户的謹慎而非機會的缺乏。管理層表示，由於對利率走勢的不確定性，許多借款人推遲了項目和交易，這減緩了近期的貸款增長。</p>
<h2>不良資產因降級而上升</h2>
<p>不良資產在本季度增加了 380 萬美元，主要是由於三項信用關係降級為問題狀態。不良貸款增加 160 萬美元，達到 3580 萬美元，佔總貸款的 1.31%，突顯出在其他可控投資組合中存在一些信用壓力。</p>
<h2>準備金和撥備因風險上升而增加</h2>
<p>貸款損失準備金從上個季度的 48 萬美元上升至 92.2 萬美元，因為銀行增強了對新出現的信用壓力的儲備。貸款損失撥備增加至 3310 萬美元，佔貸款的 1.23%，為管理層在處理高不良和分類資產時提供了更多緩衝。</p>
<h2>信用解決時間延長</h2>
<p>高管們承認，資產處置所需的時間比預期的要長，一些特殊資產在解決之前滯留多年。這些延長的時間表導致分類資產的積累和不良風險的緩慢減少，儘管管理層仍然將整體信用視為可控。</p>
<h2>非利息收入疲軟但趨於穩定</h2>
<p>非利息收入下降 26 萬美元至 370 萬美元，略低於內部預期，主要由於其他收入疲軟和銀行卡費用降低。管理層表示，展望未來，他們預計季度非利息收入將在大約 380 萬美元至 400 萬美元的範圍內穩定。</p>
<h2>存款競爭引發定期存款定價壓力</h2>
<p>儘管該銀行成功地減少了 6400 萬美元的非核心存單，佔該客户羣體的約 70%，但在某些市場的競爭加劇。作為回應，Home 合眾銀行適度將一些頂級存單利率從約 3.65% 上調至 3.85%，這表明局部但可控的定價壓力。</p>
<h2>指引：利潤率順風，適度費用上升在前</h2>
<p>管理層預計到 2026 年，淨利差將繼續擴大，這得益於新貸款的更高收益、投資再投資利差的有利變化，以及由強勁的核心存款支持的持續改善的融資成本。他們重申每季度非利息收入預計在 380 萬至 400 萬美元之間，並預測季度費用將適度上升至約 2330 萬至 2370 萬美元，因為薪資增長和技術投資加速，而信貸成本預計將保持在可控範圍內。</p>
<p>Home 合眾銀行的電話會議描繪了一個在融資和利潤率優勢上發力的銀行，同時應對更為嚴峻的信貸和貸款增長環境。對於投資者而言，故事的關鍵在於管理層能否在競爭壓力持續和信貸正常化的背景下維持淨利差擴張和存款勢頭，但本季度的表現表明風險平衡仍然有利。</p>

Home合眾銀行

<p>Home 合眾銀行（HBCP）召開了第一季度財報電話會議，強調創紀錄的淨利息收入為 3450 萬美元，淨收入同比增長 6% 至 1140 萬美元，淨利息差擴大至 4.16%。儘管由於客户在利率不確定性下的謹慎，貸款餘額下降了 1%，但核心存款增長了 5400 萬美元。該銀行每股有形賬面價值上升至 46.04 美元，自 2019 年以來已回購約 17% 的股份。不良資產增加，導致貸款損失準備金上升至 922,000 美元</p>

<p>Home Bancorp ((HBCP)) has held its Q1 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>Home Bancorp ((HBCP)) 舉行了第一季度的財報電話會議。請繼續閲讀會議的主要亮點。</p>
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<div class="lb-trans"><h3>在 TipRanks 上享受 30% 的折扣</h3>
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<div class="lb-trans"><ul>
<li>解鎖對沖基金級別的數據和強大的投資工具，以做出更聰明、更精準的決策</li>
<li>發現表現優異的股票投資理念，並升級到市場領先者的投資組合，使用智能投資者精選</li>
</ul>
</div><p>Home Bancorp’s latest earnings call struck a cautiously optimistic tone as management highlighted record net interest income, expanding margins, and robust core deposit growth, even as loan balances slipped and credit metrics showed some strain. Executives framed the quarter as one where disciplined funding and capital management more than offset modest credit and fee income headwinds.</p>
<div class="lb-trans"><p>Home Bancorp 最近的財報電話會議傳達了謹慎樂觀的語氣，管理層強調了創紀錄的淨利息收入、擴大的利潤率和強勁的核心存款增長，儘管貸款餘額有所下降，信用指標顯示出一些壓力。高管們將本季度描述為一個有紀律的融資和資本管理超過了適度的信用和費用收入阻力的季度。</p>
</div><h2>Record Net Interest Income Sets New High-Water Mark</h2>
<div class="lb-trans"><h2>創紀錄的淨利息收入創下新高</h2>
</div><p>Home Bancorp posted net interest income of $34.5 million in Q1 2026, the highest quarterly level in the bank’s history and up $434,000 from the prior quarter. Compared with the same period last year, NII rose $2.8 million, underscoring how balance sheet repositioning and funding-cost actions are feeding through to the income statement.</p>
<div class="lb-trans"><p>Home Bancorp 在 2026 年第一季度的淨利息收入為 3450 萬美元，創下該銀行歷史上最高的季度水平，比上個季度增加了 43.4 萬美元。與去年同期相比，淨利息收入增加了 280 萬美元，突顯出資產負債表重組和融資成本措施對收入表的積極影響。</p>
</div><h2>Earnings, EPS Trend Shows Durable Growth</h2>
<div class="lb-trans"><h2>盈利和每股收益趨勢顯示出持久增長</h2>
</div><p>Net income reached $11.4 million, translating to diluted EPS of $1.45, up 6% year over year and down just $0.01 from Q4. Over the past two years, diluted EPS has climbed more than 25%, signaling that the bank’s earnings power has steadily improved despite a volatile rate environment and rising competition for deposits.</p>
<div class="lb-trans"><p>淨收入達到 1140 萬美元，轉化為稀釋後每股收益 1.45 美元，同比增長 6%，比第四季度僅下降 0.01 美元。在過去兩年中，稀釋後每股收益增長超過 25%，表明儘管利率環境波動和存款競爭加劇，銀行的盈利能力穩步提升。</p>
</div><h2>Net Interest Margin Expands on Better Positioning</h2>
<div class="lb-trans"><h2>淨利息利潤率因更好的定位而擴大</h2>
</div><p>Net interest margin expanded to 4.16%, up 10 basis points sequentially and 25 basis points from a year ago. Management credited the improvement to a combination of lower funding costs and favorable balance sheet positioning, suggesting that prior strategic moves are now translating into higher earning-asset yields.</p>
<div class="lb-trans"><p>淨利息利潤率擴大至 4.16%，環比上升 10 個基點，同比上升 25 個基點。管理層將這一改善歸因於融資成本降低和資產負債表的有利定位，表明之前的戰略舉措現在正在轉化為更高的收益資產收益率。</p>
</div><h2>Funding Costs Move Lower as Deposit Pricing Eases</h2>
<div class="lb-trans"><h2>融資成本降低，存款定價緩解</h2>
</div><p>The average cost of interest-bearing deposits fell 22 basis points to 2.29%, while the overall cost of deposits dropped 16 basis points to 1.68%. Executives emphasized that this level is less than half the current Fed funds target and noted that the cost of interest-bearing liabilities is down 64 basis points from its peak in the third quarter of 2024.</p>
<div class="lb-trans"><p>利息-bearing 存款的平均成本下降 22 個基點至 2.29%，而整體存款成本下降 16 個基點至 1.68%。高管們強調，這一水平不到當前聯邦基金目標的一半，並指出利息-bearing 負債的成本比 2024 年第三季度的峯值下降了 64 個基點。</p>
</div><h2>Core Deposit Growth Strengthens Funding Mix</h2>
<div class="lb-trans"><h2>核心存款增長增強融資組合</h2>
</div><p>Total deposits increased $54 million in the quarter, a roughly 7% annualized pace, driven by healthier core funding. Core and non-maturity deposits rose $118 million, noncore CDs fell $64 million, and noninterest-bearing balances increased $37 million sequentially to represent 27% of total deposits, pushing the loan-to-deposit ratio down to about 90%.</p>
<div class="lb-trans"><p>本季度總存款增加 5400 萬美元，年化增速約為 7%，得益於更健康的核心融資。核心和非到期存款增加 1.18 億美元，非核心定期存款減少 6400 萬美元，非利息-bearing 餘額環比增加 3700 萬美元，佔總存款的 27%，使貸款與存款比率降至約 90%。</p>
</div><h2>Capital Build and Shareholder Returns Remain Solid</h2>
<div class="lb-trans"><h2>資本積累和股東回報保持穩健</h2>
</div><p>Tangible book value per share climbed to $46.04, up about 15% from a year earlier, reflecting both earnings retention and improved securities valuations. Since 2019, adjusted tangible book has grown roughly 9.7% annually, EPS more than 11% annually, while the quarterly dividend is up over 50% and the bank has repurchased about 17% of its shares.</p>
<div class="lb-trans"><p>每股有形賬面價值上升至 46.04 美元，比去年同期增長約 15%，反映了盈利留存和證券估值改善。自 2019 年以來，調整後的有形賬面價值年均增長約 9.7%，每股收益年均增長超過 11%，而季度股息增長超過 50%，銀行已回購約 17% 的股份。</p>
</div><h2>Balance Sheet Moves Boost Liquidity and Yield</h2>
<div class="lb-trans"><h2>資產負債表變動提升流動性和收益率</h2>
</div><p>Management has fully repaid its high-cost FHLB advances, a significant reduction from $175 million at year-end 2024 that improves both liquidity and funding costs. On the asset side, new investment purchases carried yields above 4% in Q1, compared with an expected roll-off yield of 2.43% over the next year, setting up a positive reinvestment dynamic.</p>
<div class="lb-trans"><p>管理層已全額償還高成本的 FHLB 貸款，從 2024 年年末的 1.75 億美元大幅減少，改善了流動性和融資成本。在資產方面，新投資購買的收益率在第一季度超過 4%，而預計未來一年的滾動收益率為 2.43%，為積極的再投資動態奠定了基礎。</p>
</div><h2>Geographic Expansion Drives Texas Growth</h2>
<div class="lb-trans"><h2>地理擴張推動德克薩斯州增長</h2>
</div><p>Texas continues to emerge as a key growth engine, with loans in the state rising to about 21% of the total portfolio, up from 15% at the time of the 2022 acquisition. To support this momentum, Home Bancorp opened a new Northwest Houston branch during the quarter, targeting a fast-growing, demographically attractive market.</p>
<div class="lb-trans"><p>德克薩斯州繼續成為關鍵的增長引擎，州內貸款佔總投資組合的約 21%，高於 2022 年收購時的 15%。為了支持這一勢頭，Home Bancorp 在本季度開設了新的西北休斯頓分行，目標是一個快速增長、人口結構吸引的市場。</p>
</div><h2>Loan Balances Slip Amid Rate Uncertainty</h2>
<div class="lb-trans"><h2>在利率不確定性中貸款餘額下降</h2>
</div><p>Total loans declined 1% in Q1 as paydowns and payoffs outpaced new originations, reflecting customer caution rather than a lack of opportunity. Management said many borrowers are delaying projects and transactions due to uncertainty around interest rate trajectories, which has slowed near-term loan growth.</p>
<div class="lb-trans"><p>第一季度總貸款下降 1%，因還款和償還超過了新發放的貸款，反映出客户的謹慎而非機會的缺乏。管理層表示，由於對利率走勢的不確定性，許多借款人推遲了項目和交易，這減緩了近期的貸款增長。</p>
</div><h2>Nonperforming Assets Tick Higher on Downgrades</h2>
<div class="lb-trans"><h2>不良資產因降級而上升</h2>
</div><p>Nonperforming assets increased by $3.8 million during the quarter, driven by downgrades of three credit relationships that moved into problem status. Nonperforming loans rose $1.6 million to $35.8 million, representing 1.31% of total loans, highlighting some pockets of credit stress in an otherwise manageable portfolio.</p>
<div class="lb-trans"><p>不良資產在本季度增加了 380 萬美元，主要是由於三項信用關係降級為問題狀態。不良貸款增加 160 萬美元，達到 3580 萬美元，佔總貸款的 1.31%，突顯出在其他可控投資組合中存在一些信用壓力。</p>
</div><h2>Provision and Allowance Edge Up with Risk</h2>
<div class="lb-trans"><h2>準備金和撥備因風險上升而增加</h2>
</div><p>Provision for loan losses rose to $922,000 from $480,000 in the prior quarter as the bank bolstered reserves against emerging credit pressures. The allowance for loan losses increased to $33.1 million, or 1.23% of loans, giving management more cushion as it works through elevated nonperforming and classified assets.</p>
<div class="lb-trans"><p>貸款損失準備金從上個季度的 48 萬美元上升至 92.2 萬美元，因為銀行增強了對新出現的信用壓力的儲備。貸款損失撥備增加至 3310 萬美元，佔貸款的 1.23%，為管理層在處理高不良和分類資產時提供了更多緩衝。</p>
</div><h2>Credit Resolution Timelines Stretch Out</h2>
<div class="lb-trans"><h2>信用解決時間延長</h2>
</div><p>Executives acknowledged that workouts are taking longer than desired, with some special assets lingering for multiple years before resolution. These extended timelines have contributed to an accumulation in classified assets and a slower runoff of nonperforming exposures, though management still characterizes overall credit as manageable.</p>
<div class="lb-trans"><p>高管們承認，資產處置所需的時間比預期的要長，一些特殊資產在解決之前滯留多年。這些延長的時間表導致分類資產的積累和不良風險的緩慢減少，儘管管理層仍然將整體信用視為可控。</p>
</div><h2>Noninterest Income Soft but Stabilizing</h2>
<div class="lb-trans"><h2>非利息收入疲軟但趨於穩定</h2>
</div><p>Noninterest income slipped by $260,000 to $3.7 million, coming in slightly below internal expectations due largely to weaker other income and lower bank card fees. Management indicated that, looking forward, they expect quarterly noninterest income to stabilize in a range of roughly $3.8 million to $4.0 million.</p>
<div class="lb-trans"><p>非利息收入下降 26 萬美元至 370 萬美元，略低於內部預期，主要由於其他收入疲軟和銀行卡費用降低。管理層表示，展望未來，他們預計季度非利息收入將在大約 380 萬美元至 400 萬美元的範圍內穩定。</p>
</div><h2>Deposit Competition Sparks CD Pricing Pressure</h2>
<div class="lb-trans"><h2>存款競爭引發定期存款定價壓力</h2>
</div><p>While the bank successfully ran off $64 million of noncore CDs, representing about 70% of that customer base, competition has intensified in select markets. In response to rivals offering CDs at 4.0% to 4.25%, Home Bancorp modestly raised some top CD rates from around 3.65% to 3.85%, signaling localized but manageable pricing pressure.</p>
<div class="lb-trans"><p>儘管該銀行成功地減少了 6400 萬美元的非核心存單，佔該客户羣體的約 70%，但在某些市場的競爭加劇。作為回應，Home 合眾銀行適度將一些頂級存單利率從約 3.65% 上調至 3.85%，這表明局部但可控的定價壓力。</p>
</div><h2>Guidance: Margin Tailwinds, Modest Expense Creep Ahead</h2>
<div class="lb-trans"><h2>指引：利潤率順風，適度費用上升在前</h2>
</div><p>Management guided to continued net interest margin expansion through 2026, driven by higher yields on new loans, favorable investment reinvestment spreads, and still-improving funding costs supported by strong core deposits. They reiterated expectations for noninterest income around $3.8–$4.0 million per quarter and forecast a modest rise in quarterly expenses to about $23.3–$23.7 million as salary increases and technology investments ramp, while credit costs are expected to remain contained.</p>
<div class="lb-trans"><p>管理層預計到 2026 年，淨利差將繼續擴大，這得益於新貸款的更高收益、投資再投資利差的有利變化，以及由強勁的核心存款支持的持續改善的融資成本。他們重申每季度非利息收入預計在 380 萬至 400 萬美元之間，並預測季度費用將適度上升至約 2330 萬至 2370 萬美元，因為薪資增長和技術投資加速，而信貸成本預計將保持在可控範圍內。</p>
</div><p>Home Bancorp’s call painted the picture of a bank leaning into its funding and margin strengths while navigating a tougher credit and loan-growth backdrop. For investors, the story hinges on whether management can sustain NIM expansion and deposit momentum as competitive pressures persist and credit normalization plays out, but the quarter suggests the balance of risks remains favorable.</p>
<div class="lb-trans"><p>Home 合眾銀行的電話會議描繪了一個在融資和利潤率優勢上發力的銀行，同時應對更為嚴峻的信貸和貸款增長環境。對於投資者而言，故事的關鍵在於管理層能否在競爭壓力持續和信貸正常化的背景下維持淨利差擴張和存款勢頭，但本季度的表現表明風險平衡仍然有利。</p>
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Home 合眾銀行的收益電話會議突出了利潤率的增長勢頭