Home Bancorp, Inc. (Nasdaq: HBCP) reported financial results for the third quarter of 2026, announcing a quarterly cash dividend of $0.32 per share. The dividend is payable on November 13, 2026, to shareholders of record as of November 2, 2026. The company also disclosed a leadership transition, with Chairman and CEO John W. Bordelon retiring effective January 8, 2027. He will continue to serve as Chairman and a director, while President Darren E. Guidry will assume the role of CEO.
For the third quarter of 2026, Home Bancorp reported net income of $10.1 million, or $1.28 per diluted common share. This represents a decrease of $1.5 million compared to the second quarter of 2026, when net income was $11.6 million, or $1.48 per diluted share. The company reported net interest income of $35.9 million for the quarter, which remained essentially stable compared to the prior quarter.
The company’s net interest margin (NIM) decreased by 5 basis points to 4.19% for the third quarter of 2026, down from 4.24% in the second quarter. This decline was attributed to credit-related interest reversals and higher funding costs, partially offset by higher interest-earning asset yields and a favorable funding mix. The average cost of interest-bearing deposits increased by 5 basis points to 2.33% during the quarter.
Home Bancorp’s total loans decreased slightly to $2.8 billion as of September 30, 2026, down from $2.78 billion at the end of the second quarter. The company recorded $1.0 million in provisions to the allowance for loan losses for the third quarter, compared to $762,000 in the second quarter. Nonperforming assets totaled $53.7 million, or 1.49% of total assets, up from $39.2 million, or 1.09%, in the prior quarter. This increase was primarily due to six loan relationships totaling $19.5 million placed on nonaccrual status during the quarter.
Shareholders’ equity totaled $453.1 million at September 30, 2026, down slightly from $453.5 million at the end of the second quarter. The company’s preliminary Tier 1 leverage capital and total risk-based capital ratios were 12.33% and 16.09%, respectively. During the third quarter, the company repurchased 350 shares of its common stock at an average price of $69.34 per share.
