
Home Bancorp (HBCP) Stock Forecast & Price Target
Home Bancorp (HBCP) Analyst Ratings
Bulls say
Home Bancorp is showing promising growth with total deposits growing at 7.2% LQA in 3Q, funding its loan growth through bond portfolio cash flows and growth in customer accounts. The company has seen above average profitability, healthy credit standing, and expanding growth capabilities, highlighted by successful loan growth of approximately 6% in 2023, with an impressive 19% in the Houston market. Forecasts suggest steady growth in the coming years, with predicted loan growth of around 4.7% in 2024 and 5.2% in 2025, further increasing Home Bancorp's positive outlook.
Bears say
Home Bancorp is facing challenges due to lower-than-expected share buybacks and slower projected growth, with higher interest rates expected to impact the demand for its services. The firm has a high loan to deposit ratio, indicating limited room for growth or absorbing further interest rate cuts. Despite an authorized buyback, only a small amount of shares were bought back in the last quarter, signaling potential financial constraints or uncertainties within the company.
This aggregate rating is based on analysts' research of Home Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Home Bancorp (HBCP) Analyst Forecast & Price Prediction
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