olivlawolivlaw

olivLaw · US equity research

HomeTrust Bancshares, Inc. HTB

Savings Institution, Federally Chartered · SIC 6035 · Vertical: Savings Institution, Federally Chartered (SIC 6035)

46.83USD−1.35% · 1 dayClose 03 Nov 2026

HomeTrust Bancshares is the Asheville, North Carolina holding company of HomeTrust Bank, which takes deposits and makes commercial, real estate and consumer loans across five southeastern US states. In 2026 the company is strengthening its position through the announced acquisition of Blue Ridge Bankshares, which would significantly expand its presence in Virginia, while its net interest margin has risen steadily.

At the close of 03 Nov 2026, HomeTrust Bancshares, Inc. (HTB) stock was 46.83 USD (−1.35% on the day), with market capitalisation 781.7 m USD, P/E 12.2 on diluted EPS of 3.82 USD over the last 12 months, dividend yield 1.05%, beta 0.69, 52-week range 39.10–51.85 USD. Latest reported quarter (Q2 2026): net income of 15.6 m USD (−9.2% YoY), diluted EPS 0.94 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
781.7 m USD
shares as of 30 Jul 2026
P/E (TTM)
12.2
Diluted EPS TTM 3.82 · TTM to 30 Jun 2026
E/P (TTM)
8.17%
TTM to 30 Jun 2026
Dividend yield
1.05%
DPS 12m 0.49
Beta (2y)
0.69
Volatility (1y) 21%
52-week range
39.1051.85

Price history

Loading chart…

Technical reading

RSI (14)
49.2
neutral
Bollinger (20, 2)
45.41 – 48.21
in the upper half of the band · %B 0.51 · band width 6.0%
SMA 50 / 200
46.80 / 46.18
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.10 / 0.09
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+0.5%−2.0%+2.5 pp—
3 months−9.7%−2.2%−7.5 pp—
6 months+2.3%+4.3%−2.0 pp—
Year to date+9.1%+10.6%−1.5 pp—
1 year+17.9%+10.5%+7.4 pp+23.8%
3 years+112.9%+73.7%+39.2 pp+59.0%
5 years+51.8%+61.7%−9.9 pp—
Max drawdown (1y)
−12.8%
04 Aug 2026 → 23 Sept 2026
Max drawdown (5y)
−43.9%
14 Jan 2022 → 11 May 2023
Compound annual growth (5y)
+8.7%
S&P 500 +10.1%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
unavailable USD
unavailable YoY
Net income
15.6 m USD
−9.2% YoY
Diluted EPS
0.94
−6.0% YoY
net / operating
unavailable / unavailable

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Depreciation & amortisation1.8 m ≈6.6 m1.3 m1.3 m ≈310.0 k ≈8.2 m153.0 k1.5 m ≈
Interest expense24.6 m———————
Pre-tax income16.8 m18.3 m18.4 m21.8 m20.9 m19.8 m21.0 m19.6 m
Income tax3.7 m4.1 m3.9 m4.6 m4.4 m3.7 m4.2 m4.0 m
Net income13.1 m14.2 m14.5 m17.2 m16.5 m16.1 m16.8 m15.6 m
Diluted EPS0.760.83 ≈0.841.000.950.94 ≈0.990.94
Operating cash flow43.8 m ≈4.8 m71.7 m-8.6 m ≈-11.5 m ≈-2.1 m110.8 m1.5 m ≈
Capex681.0 k ≈1.5 m1.0 m1.3 m ≈760.0 k ≈1.0 m818.0 k1.3 m ≈
Dividends paid1.9 m ≈2.1 m2.1 m2.1 m ≈2.1 m ≈2.2 m2.2 m2.5 m ≈
Share repurchases0 ≈0503.0 k2.8 m ≈0 ≈10.3 m23.1 m7.2 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 44 percentile of its own 36-quarter history (min 6.4, median 14.1, max 91.2; quarters with earnings only).

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue10.2 m11.1 m10.6 m10.4 munavailableunavailableunavailableunavailable
Revenue YoY+12.9%+9.6%−5.0%−1.9%unavailableunavailableunavailableunavailable
Net income8.2 m27.1 m22.8 m15.7 m35.7 m44.6 m54.8 m64.4 m
Net income YoY−30.5%+229.6%−16.1%−31.2%+127.5%+25.1%+22.9%+17.4%
Diluted EPS0.441.461.300.942.232.803.203.72
Diluted EPS YoY−32.3%+231.8%−11.0%−27.7%+137.2%+25.6%+14.3%+16.3%
net %81.1%243.9%215.5%151.1%unavailableunavailableunavailableunavailable
Free cash flow27.9 m5.5 m-42.0 m-6.5 m32.5 m-36.3 m42.4 m45.3 m

Reported results vs expectations

Loading…

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
324.7 m USD
Financial debt
unavailable USD
Net debt
unavailable USD
Equity
600.7 m USD
Total assets
4.5 bn USD
Debt / equity
unavailable
Current ratio
unavailable
ROE
11.2%
ROA
1.4%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Income statement · USD

Net interest income
2023
157.4 m
2024
169.5 m
2025
176.7 m

SEC (XBRL)· 13 Mar 2026verified

Net fee income
2023
31.1 m
2024
33.4 m
2025
36.3 m

SEC (XBRL)· 13 Mar 2026verified

Non-interest expense
2023
115.9 m
2024
125.5 m
2025
125.2 m

SEC (XBRL)· 13 Mar 2026verified

Pre-tax income
2023
57.2 m
2024
69.9 m
2025
81.0 m

SEC (XBRL)· 13 Mar 2026verified

Net income
2023
44.6 m
2024
54.8 m
2025
64.4 m

SEC (XBRL)· 13 Mar 2026verified

Diluted EPS
2023
2.80
2024
3.20
2025
3.72

SEC (XBRL)· 13 Mar 2026verified

Dividend per share
2023
0.39
2024
0.45
2025
0.49

SEC (XBRL)· 13 Mar 2026verified

Balance sheet · USD

Cash
2023
303.5 m
2024
279.2 m
2025
324.7 m

SEC (XBRL)· 13 Mar 2026verified

Loans
2023
3.6 bn
2024
3.6 bn
2025
3.5 bn

SEC (XBRL)· 13 Mar 2026verified

Total assets
2023
4.6 bn
2024
4.6 bn
2025
4.5 bn

SEC (XBRL)· 13 Mar 2026verified

Deposits
2023
3.6 bn
2024
3.8 bn
2025
3.7 bn

SEC (XBRL)· 13 Mar 2026verified

Total liabilities
2023
4.1 bn
2024
4.0 bn
2025
3.9 bn

SEC (XBRL)· 13 Mar 2026verified

Equity
2023
471.2 m
2024
551.8 m
2025
600.7 m

SEC (XBRL)· 13 Mar 2026verified

Cash flow · USD

Dividends paid
2023
6.2 m
2024
7.7 m
2025
8.4 m

SEC (XBRL)· 13 Mar 2026verified

Share repurchases
2023
0
2024
645.0 k
2025
13.6 m

SEC (XBRL)· 13 Mar 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-1.9%
computed by olivLawFY 2021
Revenue CAGR 3Y
0.7%
computed by olivLawFY 2018 → FY 2021
Revenue CAGR 5Y
unavailable
input data missing
Net income growth (YoY)
-31.2%
computed by olivLawFY 2021
Net income CAGR 3Y
23.9%
computed by olivLawFY 2018 → FY 2021
Net income CAGR 5Y
6.5%
computed by olivLawFY 2016 → FY 2021
EPS growth (YoY)
-27.7%
computed by olivLawFY 2021
EPS CAGR 3Y
28.8%
computed by olivLawFY 2018 → FY 2021
EPS CAGR 5Y
7.7%
computed by olivLawFY 2016 → FY 2021

Profitability

Net margin
unavailable
input data missing

Returns

ROE
11.0%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROA
1.4%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Payout ratio (EPS)
12.8%
computed by olivLawTTM to 30 Jun 2026

Market and valuation

Market capitalisation
781.7 m USD
computed by olivLawbalance sheet at 30 Jun 2026
Market cap / net income TTM
12.0x
computed by olivLawTTM to 30 Jun 2026
P/E (TTM)
12.2x
computed by olivLawTTM to 30 Jun 2026
Earnings yield
8.2%
computed by olivLawTTM to 30 Jun 2026
P/B
1.3x
computed by olivLawbalance sheet at 30 Jun 2026
P/S
unavailable
input data missing
Dividend yield
1.0%
computed by olivLawTTM to 30 Jun 2026
Shareholder yield (distributions)
6.3%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026

Banking

Net interest margin
4.0%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Cost-to-income
60.0%
computed by olivLawTTM to 30 Jun 2026
Loan-to-deposit
99.3%
computed by olivLawbalance sheet at 30 Jun 2026
NPL ratio
unavailable
input data missing
CET1 ratio
unavailable
input data missing
Cost of risk
unavailable
input data missing

32 indicators that do not apply to the sector.

Valuation

olivLaw classification

Neutral profile

Score: 49 / 100

A scoring methodology on indicators and valuation, not investment advice.

Closing price

46.83 USD

03 Nov 2026Source: olivLaw, closing series

Market cap: 781.7 m USD

Key indicators

Market capitalisation
781.7 m USD
computed by olivLawbalance sheet at 30 Jun 2026
P/E (TTM)
12.2x
computed by olivLawTTM to 30 Jun 2026
P/B
1.3x
computed by olivLawbalance sheet at 30 Jun 2026
ROE
11.0%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Net margin
unavailable
input data missing
Revenue growth (YoY)
-1.9%
computed by olivLawFY 2021
Dividend yield
1.0%
computed by olivLawTTM to 30 Jun 2026

Coverage and freshness

15/20 reporting lines present
Latest full fiscal year: 2021
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 30 Jul 2026
Source: SEC (XBRL)published 06 Aug 2026
verified 2133derived 131

Score by group

  • Valuation42
  • Balance sheet2
  • Quality63
  • Growth60
  • Returns9

Estimated value range

Low
37.93
USD per share
Mid
41.81
USD per share
High
48.00
USD per share
Price: 46.83 USD
The price is within the range
Potential to the central value: -10.7% (value / price − 1)
Margin of safety: -12.0% (1 − price / value)
Agreement between methods: high · 4 methods used · 3 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 35.52 – 52.86 USD.

Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • Residual income36.56 – 38.26 (Mid 37.40)
  • Justified P/B39.30 – 52.86 (Mid 45.08)
  • Dividend discount (DDM)outside the aggregate6.44 – 8.66 (Mid 7.39)
    a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
  • Peers: P/E40.97 – 49.92 (Mid 44.61)
    10 companies used · median multiple 11.7x · quartiles 10.7x – 13.1x
    AX, BKU, CFFN, EBC, FCAP, HFBL, KRNY, NRIM, PFS, WNEB
  • Peers: P/B35.52 – 46.08 (Mid 39.00)
    12 companies used · median multiple 1.1x · quartiles 1.0x – 1.3x
    AX, BKU, CFFN, EBC, FCAP, FDSB, HFBL, KFFB, KRNY, NRIM, PFS, WNEB
Multiple comparisons use the SIC vertical: Savings Institution, Federally Chartered (SIC 6035)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Neutral profile · Score 49/100

FactorValueScoreWeight used
ROE · Quality11.0%71 (vs peers)19%
ROA · Quality1.4%74 (on a fixed band)7%
Cost-to-income · Quality60.0%20 (on a fixed band)12%
Net interest margin · Quality4.0%99 (on a fixed band)7%
EPS CAGR 3Y · Growth28.8%100 (on a fixed band)10%
Revenue CAGR 3Y · Growth0.7%7 (on a fixed band)7%
NPL ratio · Balance sheetunavailableunavailable—
Cost of risk · Balance sheetunavailableunavailable—
Loan-to-deposit · Balance sheet99.3%2 (on a fixed band)5%
P/B · Valuation1.3x31 (vs peers)12%
P/E (TTM) · Valuation12.2x54 (vs peers)12%
Dividend yield · Returns1.0%9 (vs peers)10%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial2/100 · 1/3 factors with a value
  • Growth60/100 · 2/2 factors with a value
  • Quality63/100 · 4/4 factors with a value
  • Returns9/100 · 1/1 factors with a value
  • Valuation42/100 · 2/2 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

HomeTrust Bancshares, Inc. (HTB). Latest full fiscal year: 2021; data up to 2026-06-30.

Figures computed from the financial statements: net interest income 176.7 m USD in 2025; YoY growth -1.9%; ROE 11.0%.

The estimated value range is 37.93–48.00 USD per share (median of 4 methods, agreement: high); assumptions are illustrative. Against the central value of 41.81 USD, the price of 46.83 USD leaves a potential of -10.7% (value / price − 1) and a margin of safety of -12.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 49/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • ROE: 11.0%
  • ROA: 1.4%
  • Net interest margin: 4.0%
  • EPS CAGR 3Y: 28.8%

What contradicts it

  • Cost-to-income: 60.0%
  • Revenue CAGR 3Y: 0.7%
  • Loan-to-deposit: 99.3%
  • Dividend yield: 1.0%

Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.

Versus the vertical median

Savings Institution, Federally Chartered (SIC 6035) · same industry (4-digit SIC) · compared with 14 companies

Multiples and returns vs the median

P/E
12.2x
vertical median 13.0x
below median (−5.5%)
EV/EBITDA
—
vertical median —
P/S
—
vertical median 40.4x
P/B
1.3x
vertical median 1.1x
above median (+16.9%)
ROE
11.0%
vertical median 8.6%
above median (+28.1%)
Net margin
—
vertical median 319.0%
EBIT margin
—
vertical median —
Revenue YoY
-1.9%
vertical median 7.4%
below median (−125.4%)
Net debt/EBITDA
—
vertical median —
Dividend yield
1.0%
vertical median 2.7%
below median (−61.4%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
AXAxos Financial, Inc.5.3 bn10.616.7%624.8%+23.5%+13% / +143%
EBCEastern Bankshares, Inc.5.2 bn13.09.4%257.2%+19.1%+21% / +90%
TFSLTfs Financial Corporation4.6 bn45.35.3%—unavailable+15% / +24%
BKUBankUnited, Inc.3.1 bn11.89.2%1,154.5%+7.4%+0% / +57%
PFSProvident Financial Services Inc3.0 bn9.611.1%411.6%+7.1%+21% / +52%
CFFNCapitol Federal Financial, Inc.1.1 bn13.18.0%508.2%+6.5%+30% / +59%
HTBHomeTrust Bancshares, Inc.781.7 m12.211.0%—−1.9%+18% / +113%
KRNYKearny Financial Corp.603.2 m16.34.8%—+36.0%+35% / +18%
NRIMNorthrim Bancorp, Inc.533.9 m9.716.6%21.8%+30.4%−2% / +94%
WNEBWestern New England Bancorp, Inc.276.4 m16.46.9%—−34.3%+13% / +76%
FCAPFirst Capital, Inc.212.3 m11.513.9%252.8%+1.6%+27% / +141%
FDSBFifth District Bancorp, Inc.92.5 m52.41.3%273.6%−2.3%+29% / unavailable
HFBLHome Federal Bancorp, Inc. of Louisiana68.5 m11.210.8%364.5%+30.0%+41% / +74%
KFFBKentucky First Federal Bancorp43.3 m31.22.9%—−11.8%+27% / +15%
BYFCBroadway Financial Corporation——-7.6%-11,027.1%+18.7%+86% / +54%

1- and 3-year price returns: for HTB from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Scenarios are not available. input data missing

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

In brief

HomeTrust Bancshares is the Asheville, North Carolina holding company of HomeTrust Bank, which takes deposits and makes commercial, real estate and consumer loans across five southeastern US states. In 2026 the company is strengthening its position through the announced acquisition of Blue Ridge Bankshares, which would significantly expand its presence in Virginia, while its net interest margin has risen steadily.

SWOT

Strengths

  • The net interest margin is high relative to peers in the same category, and return on equity has improved 13.
  • The deposit base is diversified and the branch network is concentrated in growth markets in the Southeast 1.
  • Capital is solid, and the company has continued its share repurchase program and dividends 23.

Weaknesses

  • The loan book is concentrated in real estate, and some construction loans are extended to a small number of builders 1.
  • Reliance on certificate deposits and borrowings can raise funding costs in high-rate environments 12.
  • Loans outside the primary markets, such as SBA loans and purchased HELOCs, are harder to monitor 1.

Opportunities

  • The Blue Ridge acquisition could bring deposits and commercial loans in Virginia and increase the company's scale 3.
  • If interest rates ease gradually, deposit costs could fall and support the margin 12.
  • Branch consolidation and technology modernization could lower operating costs over the longer term 1.

Threats

  • A regional economic downturn could increase nonperforming loans and reduce the value of real estate collateral 1.
  • Storms and other natural disasters can disrupt operations, deposits and collateral values, as happened after Hurricane Helene 1.
  • Competition from fintech firms and larger banks could pressure deposit rates and fees 1.

Risks

  • Deterioration of the regional economyhigh

    A downturn in the primary markets could increase loan delinquencies and reduce demand for loans, as the company itself describes 1.

  • Exposure to residential and construction real estatehigh

    High loan-to-value residential loans and construction loans could produce larger losses if property prices fall 1.

  • Interest rate riskmedium

    Abrupt rate changes could affect the margin, funding costs and asset values, and the company does not use hedging instruments 12.

  • Acquisition integration riskmedium

    Expected benefits of the Blue Ridge merger might not be realized in full or on time, and integration costs could exceed expectations 23.

  • Operational and cyber riskmedium

    Disruptions to information systems or attacks on third-party vendors could affect deposit collection and loan processing 12.

Investment thesis

What would need to be true (bull case)

  • The net interest margin rose through 2026 and the return on assets improved, suggesting solid operating efficiency 13.
  • The Blue Ridge acquisition could significantly extend the company's activity in Virginia and create a larger bank if integration succeeds 3.
  • The share repurchase program and higher dividends show management views its capital as strong 23.

What would break the thesis

  • Heavy exposure to real estate and construction loans could produce losses if the southeastern property market weakens 1.
  • The acquisition carries integration and dilution risk, since Blue Ridge shareholders are expected to own about 35% of the combined company 3.
  • Certificate deposit costs have risen recently, which could compress the margin if rates stay elevated 2.

What to watch

  • Closing of the Blue Ridge Bankshares acquisition and regulatory approvalsQ1 2027
  • Trajectory of the net interest margin and deposit costsQ4 2026
  • Level of nonperforming loans and provisions for credit lossesnext 10-K
  • Pace of share repurchases and dividends after the merger2027

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

The business

HomeTrust Bancshares, Inc. is the holding company of HomeTrust Bank, headquartered in Asheville, North Carolina. According to the Form 10-K for fiscal 2025, at December 31, 2025 the company had consolidated total assets of $4.5 billion, deposits of $3.7 billion and stockholders' equity of $600.7 million 1. The bank is a North Carolina state-chartered bank and Federal Reserve member, and its deposits are insured by the FDIC 1.

The principal business is attracting deposits from the public and investing them, with borrowed funds, in commercial real estate, construction and development, commercial and industrial, equipment finance, municipal lease and residential mortgage loans 1. The company also originates one-to-four family, SBA and HELOC loans for sale to third parties and holds a securities portfolio of government, municipal and investment-grade corporate bonds 1.

The network has over 30 locations across Georgia, North Carolina, South Carolina, Tennessee and Virginia, many in markets growing faster than the national average 1. In May 2025 the company sold two Knoxville, Tennessee branches while retaining the associated loans 1. In August 2026 it signed a merger agreement with Blue Ridge Bankshares, with closing expected early in the first quarter of 2027 3.

Segments

Real estate and construction lending

Real estate loans make up most of the balance sheet. One-to-four family residential loans were 17.7% of total loans at December 31, 2025, and commercial construction and land development loans were 7.7% 1. This segment is sensitive to house price trends in the company's southeastern markets 1.

Equipment, municipal and SBA lending

Equipment finance, municipal lease and SBA loans diversify the loan book and are partly located outside the primary markets, which makes them harder to monitor 1. Operating lease income and related revenues add to noninterest income 1.

Deposits and noninterest income

Deposits are the main funding source, and noninterest income includes account service charges, gains on loan sales and BOLI income 1. Noninterest income rose in fiscal 2025 compared with the prior year 1.

Market context

Target markets include growth areas in the North Carolina Piedmont, Charlotte, Raleigh and Cary, Greenville and Charleston in South Carolina, East Tennessee, the Roanoke Valley and Greater Atlanta 1. The net interest margin was 4.25% in fiscal 2025 1 and reached 4.46% in the third quarter of 2026 3. These measures depend on regional economic conditions and on interest rates that remain elevated 1.

The rate environment has shifted after Federal Reserve cuts in late 2024 and during 2025, and inflation or a possible recession could affect business borrowers and loan repayment 12. The company also cites geopolitical instability and tariffs as factors affecting its operations 2.

Trends

  • Rising net interest margintailwind

    The net interest margin rose from 4.25% in fiscal 2025 to 4.46% in the third quarter of 2026 13. If this trend holds, it could support net interest income.

  • Consolidation through acquisitionmixed

    The Blue Ridge Bankshares acquisition could expand the deposit base and commercial loan book in Virginia, if the deal closes on the expected timetable 3.

  • Funding costs and interest ratesheadwind

    The cost of interest-bearing liabilities fell in fiscal 2025 compared with 2024, but certificate deposit costs have risen recently, which could compress the margin if rates stay high 12.

  • Credit risk in regional marketsheadwind

    If the regional economy weakens, asset quality indicators could deteriorate, and the company noted that nonperforming assets had risen compared with earlier years 12.

Competitive position

Competition for loans comes from other commercial banks, savings institutions, credit unions, life insurers and mortgage bankers, and for deposits from the same groups plus mutual funds and fintech companies 1. The company says it differentiates through personal service and its culture-based operating model 1.

Larger banks with more geographically diverse portfolios compete with the company, while local and regional commercial banks are the main rivals for commercial and industrial loans 1. The Blue Ridge acquisition would add direct competition in Virginia 3.

  • Blue Ridge Bankshares, Inc.

    Virginia bank holding company with which HomeTrust signed a merger agreement in August 2026, pending approvals 3.

  • Regional commercial banks in the Southeast

    Named in the filing as the main competitors for deposits and commercial loans in the company's markets 1.

  • Savings institutions and credit unions

    Direct competition for deposits and residential mortgages in the communities where the bank operates 1.

  • Financial technology companies

    Digital financial service providers competing for deposits and payment services, as described by the company 1.

News & filings

In the press

No news in our archive over the last 180 days.

SEC filings

  • Current report28 Oct 2026
    Departure or appointment of officers · Financial statements and exhibits
  • Current report21 Oct 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Current report06 Oct 2026
    Other events
  • Current report05 Oct 2026
    Other events · Financial statements and exhibits
  • Current report17 Aug 2026
    Material agreement · Regulation FD disclosure · Financial statements and exhibits
  • Quarterly report06 Aug 2026
  • Current report04 Aug 2026
    Other events · Financial statements and exhibits
  • Current report23 Jul 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Current report07 Jul 2026
    Other events
  • Current report19 May 2026
    Departure or appointment of officers · Shareholder vote

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / HomeTrust Bancshares, Inc. · 13 Mar 2026
  2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / HomeTrust Bancshares, Inc. · 06 Aug 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / HomeTrust Bancshares, Inc. · 21 Oct 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.