HomeTrust Bancshares, Inc.

HomeTrust Bancshares, Inc. Announces Financial Results for the Third Quarter of the Year Ending December 31, 2026 and Declaration of a Quarterly Dividend

HomeTrust Bancshares reported Q3 2026 net income of $18.0 million, or $1.11 per diluted share, up 14.9% from $15.6 million ($0.94) in the prior quarter. Net interest margin expanded to 4.46% from 4.41%, ROE rose to 12.06%, and the board declared a $0.15 quarterly dividend payable November 25, 2026. The company repurchased 923,897 shares at an average $48.03 and announced a new 5% repurchase authorization. The pending acquisition of Blue Ridge Bankshares remains on track to close early in Q1 2027, creating a bank with more than $7 billion in assets; Blue Ridge shareholders will own ~35% of the combined company at a fixed 0.086 exchange ratio. Credit quality deteriorated: nonperforming assets rose to 1.59% of total assets from 1.23% last quarter, and classified assets jumped 30.2% QoQ, though management flagged one $18.0 million nonaccrual loan with no anticipated loss.

•4d ago

HomeTrust Bancshares, Inc. Announces Completion of Previous Stock Repurchase Program and Authorization of New Stock Repurchase Program

HomeTrust Bancshares completed its 5% stock repurchase program begun in August 2026, buying back 832,000 shares at an average price of $47.70. The board authorized a new repurchase program of up to 790,000 shares, roughly 5% of shares outstanding, via open-market or privately negotiated purchases. The ongoing buyback signals management confidence but is routine capital-return news for the $4.4 billion-asset community bank holding company.

•20d ago

HTB: S-4 · acquisition merger

HomeTrust Bancshares filed an S-4 registration statement on October 2, 2026 to register roughly 8,314,956 shares of common stock to be issued to Blue Ridge Bankshares shareholders in their previously announced merger, signed August 16, 2026. Each Blue Ridge share converts into 0.086 HomeTrust shares, valuing BRBS at about $4.30 per share based on HomeTrust's $49.98 close on August 14, 2026. Following the mergers, former Blue Ridge shareholders will own approximately 35% of HomeTrust, with existing HomeTrust holders retaining about 65%. The combined company would hold roughly $6.7 billion in total assets ($4.4B HomeTrust plus $2.3B Blue Ridge as of June 30, 2026), and two Blue Ridge directors will join the HomeTrust board. The deal requires shareholder approvals from both companies plus Federal Reserve, North Carolina, Virginia, and OCC regulatory approvals, all of which have been submitted. Closing is expected early in Q1 2027, and either party can terminate under specified circumstances with an $18 million termination fee.

SEC S-4•23d ago

HTB: 8-K · acquisition merger

HomeTrust Bancshares has signed a definitive Agreement and Plan of Merger to acquire Blue Ridge Bankshares in an all-stock transaction, with each Blue Ridge share converting into 0.086 of a HomeTrust share plus cash for fractional shares. Both boards unanimously approved the deal, announced August 17, 2026 via joint press release and 8-K. The merger is expected to close in the first quarter of 2027, subject to approval by Blue Ridge shareholders, approval of the HomeTrust share issuance by HomeTrust stockholders, and bank regulatory approvals including the Federal Reserve. A termination fee of $18.0 million is payable by either party in certain circumstances, with an outside date of August 16, 2027. Based on Blue Ridge's 89,687,528 shares outstanding, HomeTrust will issue roughly 7.7 million new shares against its 16,533,706 existing shares — an approximately 47% increase in share count. Two mutually agreed Blue Ridge directors will join the HomeTrust board at closing, and directors of both companies have signed voting agreements supporting the transaction. The deal includes mechanics for Blue Ridge's 24,115,999 warrant shares: holders who execute warrant conversion agreements by September 19, 2026 receive the merger consideration via cashless exercise, while unconverted warrants are assumed by HomeTrust at closing.

SEC 8-K•2mo ago

HomeTrust Bancshares, Inc. Expands into Attractive Virginia Markets Through Acquisition of Blue Ridge Bankshares, Inc.

Blue Ridge Bankshares (BRBS) has agreed to be acquired by HomeTrust Bancshares (HTB) in an all-stock transaction valued at approximately $448.1 million, or $4.28 per share based on HomeTrust's recent trading price. The merger will create a regional bank with over $7 billion in assets across the Southeast, with Blue Ridge shareholders owning approximately 35% of the combined company. The transaction is expected to close in the first quarter of 2027 and be accretive to HomeTrust's earnings per share by roughly 30%, with an estimated earn-back period of 3.25 years on tangible book value dilution.

•2mo ago

HomeTrust Bancshares, Inc. Announces Completion of Previous Stock Repurchase Program and Authorization of New Stock Repurchase Program

HomeTrust Bancshares completed a 5% stock repurchase program initiated in December 2025, buying back 870,000 shares at an average price of $44.49. The Board of Directors immediately authorized a new program to repurchase up to an additional 832,000 shares, representing approximately 5% of current outstanding shares. With total assets of $4.4 billion as of June 30, 2026, the bank continues to return capital to shareholders via open market or private transactions.

•2mo ago

HomeTrust Bancshares, Inc. Announces Financial Results for the Second Quarter of the Year Ending December 31, 2026 and Declaration of a Quarterly Dividend

HomeTrust Bancshares reported Q2 net income of $15.6 million, or $0.94 per diluted share, a decrease from the prior quarter due largely to a $1.1 million loss on debt redemption. However, the company achieved a notable expansion in net interest margin to 4.41% and grew loans at an 8.5% annualized rate. Capital return initiatives were a highlight, with the Board declaring a 15.4% increase in the quarterly dividend to $0.15 per share and repurchasing approximately 153,600 shares during the quarter. Year-over-year performance improved, with net income rising 2.1% to $32.4 million for the six-month period, driven by higher net interest income and a significant decrease in the provision for credit losses compared to the prior year.

•3mo ago

HomeTrust Bank Adds Specialized Healthcare Banking Division

HomeTrust Bancshares launched a new Healthcare Banking Division aimed at serving the financial needs of medical, dental, and veterinary practices throughout the Southeast. The division will offer specialized services such as practice acquisition financing, equipment loans, SBA lending, and treasury management tailored to healthcare professionals. The new unit will be led by three seasoned bankers—Evan Deyerle, Richard Novak, and Ricardo Palacio—who bring experience from Atlantic Union Bank and Bank of America.

•3mo ago

HomeTrust Named to 2026 KBW Bank Honor Roll and Forbes’ 2026 List of America’s Best Banks

HomeTrust Bancshares was named to the 2026 KBW Bank Honor Roll for the second consecutive year, recognizing it among the top 6% of banks for 10-year earnings growth. The bank also appeared on Forbes’ 2026 list of America’s Best Banks for the third straight year and earned workplace recognition across all five states it serves. CEO C. Hunter Westbrook stated that these awards confirm progress toward becoming a high-performing regional community bank and a top workplace.

•5mo ago

HomeTrust Bancshares, Inc. Announces Financial Results for the First Quarter of the Year Ending December 31, 2026 and an Increase in the Quarterly Dividend

HomeTrust Bancshares reported Q1 2026 net income of $16.8 million, or $0.99 per diluted share, rising sequentially from $16.1 million and $0.93 per share in the prior quarter. The company announced a 15.4% increase in its quarterly dividend to $0.15 per share and accelerated its share repurchase program, buying back 533,240 shares at an average price of $42.85. Net interest margin expanded to 4.31% as funding costs declined, while the provision for credit losses dropped significantly to $370,000 compared to $2.1 million in the prior quarter.

•6mo ago