Hometrust Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
July 29, 2021 at 09:00 am EDT
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HomeTrust Bancshares, Inc. announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced net interest income was USD 25.998 million compared to USD 24.688 million a year ago. Net loss was USD 7.408 million compared to net income of USD 3.595 million a year ago. Basic loss per share from continuing operations was USD 0.46 compared to basic earnings per share from continuing operations of USD 0.22 a year ago. For the full year, net interest income was USD 103.322 million compared to USD 104.104 million a year ago. Net income was USD 15.675 million compared to USD 22.783 million a year ago. Basic earnings per share from continuing operations was USD 0.96 compared to USD 1.34 a year ago. Diluted earnings per share from continuing operations was USD 0.94 compared to USD 1.3 a year ago.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a North Carolina state chartered, community-focused financial institution. The Bank provides value-added relationship banking with over 30 locations, as well as online/mobile channels. The Bank's principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans, and other consumer loans. In addition, it invests in debt securities issued by United States Government agencies and GSEs, municipal bonds, corporate bonds, commercial paper and certificates of deposit insured by the FDIC. It offers a variety of deposit accounts for individuals, businesses and nonprofit organizations.
HOMETRUST BANCSHARES, INC. 
