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Stock impact report

HomeTrust Bancshares, Inc. Reports Financial Results For The Third Quarter Of Fiscal 2018

HomeTrust Bancshares, Inc. (HTBI) 
Last hometrust bancshares, inc. earnings: 4/29 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.hometrustbanking.com
Company Research Source: GlobeNewswire
ASHEVILLE, N.C., April 26, 2018 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) ("Company"), the holding company of HomeTrust Bank ("Bank"), today announced preliminary net income of $6.1 million, or $0.32 per diluted share for the quarter ended March 31, 2018, compared to $274,000, or $0.01 per diluted share for the same period a year ago. Return on assets was 0.76% for the three months ended March 31, 2018 compared to 0.04% for the same period in fiscal 2017. The current quarter results did not include any merger-related expenses. The results in the quarter ended March 31, 2017 included $7.4 million of acquisition-related expenses related to the acquisition of TriSummit Bancorp, Inc. and its wholly-owned subsidiary TriSummit Bank ("TriSummit"), which net of tax benefit, reduced net income by $0.26 per diluted share. Net income totaled $1.0 million, or $0.06 per diluted share for the nine months ended March 31, 2018, compared to $7.1 million, or $0.40 per diluted share Show less Read more
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