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Stock impact report

Home Bancorp Announces Second Quarter 2018 Results And Increases Quarterly Dividend By 12%

Home Bancorp, Inc. (HBCP) 
Last home bancorp, inc. earnings: 4/28 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: home24bank.investorroom.com
Company Research Source: PR Newswire
LAFAYETTE, La., July 24, 2018 /PRNewswire/ -- Home Bancorp, Inc. (Nasdaq: "HBCP") (the "Company"), the parent company for Home Bank, N.A. (the "Bank") (www.home24bank.com), reported record net income of $7.8 million for the second quarter of 2018, an increase of $312,000, or 4%, compared to the first quarter of 2018 and an increase of $3.3 million, or 73%, compared to the second quarter of 2017.  The second and first quarters of 2018 include merger expenses, net of taxes, totaling $894,000 and $694,000, respectively, related to the acquisition of St. Martin Bancshares, Inc. ("SMB"),  which was consummated on December 6, 2017.  Diluted earnings per share were a record $0.84 for the second quarter of 2018, an increase of $0.03, or 4%, compared to the first quarter of 2018, and an increase of $0.22, or 35%, compared to the second quarter of 2017."Our strong net income during the first half of 2018, combined with our results over the past several years, provides us Show less Read more
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