Home Bancorp Q2 net income, margin rise

The current average analyst rating on the shares is hold, with 1 strong buy or buy, 3 hold and no sell or strong sell recommendations.

The median 12-month price target is $69.00, about 0.4% below the July 17 closing price of $69.31. The stock recently traded at 11 times next 12-month earnings, versus a P/E of 10 three months ago.

Home Bancorp said second-quarter net income and earnings per share edged up from the prior quarter, as net interest income and net interest margin rose on loan and deposit growth.

The company reported second-quarter earnings per share of $1.48, net income of $11.6 million, net interest income of $35.8 million and net interest margin of 4.24%.

Loan growth in the quarter was driven by increases in commercial real estate, commercial and industrial, and multi-family residential lending, partially offset by declines in construction and land loans.