Home Bancorp, Inc. (HBCP) PT Raised to $74 at Raymond James
Get Alerts HBCP Hot Sheet
Rating Summary:
2 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Raymond James analyst Joseph Yanchunis raised the price target on Home Bancorp, Inc. (NASDAQ: HBCP) to $74.00 (from $69.00) while maintaining a Outperform rating.
The analyst comments "We are maintaining our Outperform rating and raising our price target to $74 on HBCP shares following a solid quarter that modestly exceeded our EPS forecast. The NIM expanded 8 bp q/q to 4.24% as fixed rate asset repricing continues to outpace funding costs. Further, loan growth returned (+7.4% ann.), core deposit generation remained robust (+8% ann.), and the loanto-deposit ratio has reached management’s targeted 90-92% range. Offsetting these positives, criticized loans increased 32% q/q to 3.45% of total loans (1Q26: 2.66%) despite a modest decline in NPAs, which we believe will keep investor focus into 2H26. That said, it continues to characterize recent migration as timing-related rather than indicative of higher ultimate losses."
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