Home Bancorp Reports Q3 2026 Net Income of $10.1 Million and Declares Dividend

Home Bancorp, Inc. (NASDAQ:HBCP) reported net income of $10.1 million, or $1.28 per diluted share, for the third quarter of 2026. Profit declined from $11.6 million, or $1.48 per share, in the second quarter. Total loans held virtually flat at $2.8 billion, while total deposits edged lower to $3.1 billion. The financial holding company declared a quarterly dividend of $0.32 per common share, payable on November 13, 2026.

The quarter was impacted by rising credit challenges, as six loan relationships totaling $19.5 million were moved to nonaccrual status. That shift pushed nonperforming assets to $53.7 million, representing 1.49% of total assets, up from 1.09% in the prior quarter. Related interest reversals of approximately $862,000 squeezed net interest margin down by 5 basis points to 4.19%, though net interest income stayed stable at $35.9 million due to balance sheet management. Noninterest expenses rose to $26.3 million, driven primarily by costs related to foreclosed assets.

Investors will look ahead to how effectively management resolves the newly flagged nonperforming loans and controls credit losses. Key items to watch in coming quarters include deposit pricing trends, margin preservation, and loan growth as the bank maintains its allowance for loan losses at $34.4 million.