HomeTrust Bancshares, Inc. HTB
HomeTrust Bancshares, Inc., a Maryland corporation, was formed for the purpose of becoming the holding company for HomeTrust Bank in connection with the Bank's conversion from mutual to stock form, which was completed on July 10, 2012. As a bank holding company and financial holding company, we are regulated by the Federal Reserve. At December 31, 2025, the Company had consolidated total assets of $4.5 billion, total deposits of $3.7 billion and stockholders' equity of $600.7 million. The Company has not engaged in any significant activity other than holding the stock of the Bank. Accordingly, the information set forth in this Form 10-K, including the audited consolidated financial statements and related data, relates primarily to the Bank and its subsidiary. As a North Carolina state-chartered bank, and member of the FRB, the Bank's primary regulators are the NCCOB and the Federal Reserve. The Bank's deposits are federally insured up to applicable limits by the FDIC. The Bank is a member of the FHLB of Atlanta, which is one of the 11 regional banks in the FHLB System. Our headquarters is located in Asheville, North Carolina.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $256.1M | $261.6M | $187.1M | $116.1M | $118.7M | $136.3M | $11.1M | $10.2M | $9.0M | $87.7M |
| Interest expense | $176.7M | $169.5M | $157.4M | $110.8M | $15.4M | $32.1M | $30.4M | $16.1M | $8.2M | $6.0M |
| Pre-tax income | $81.0M | $69.9M | $57.2M | $45.4M | $19.1M | $28.8M | $33.9M | $35.0M | $17.0M | $16.4M |
| Income tax | $16.6M | $15.1M | $12.6M | $9.7M | $3.4M | $6.0M | $6.8M | $26.7M | $5.2M | $4.9M |
| Net income | $64.4M | $54.8M | $44.6M | $35.7M | $15.7M | $22.8M | $27.1M | $8.2M | $11.8M | $11.5M |
| EPS, basic | 3.75 | 3.21 | 2.82 | 2.27 | 0.96 | 1.34 | 1.52 | 0.45 | 0.66 | 0.65 |
| EPS, diluted | 3.72 | 3.20 | 2.80 | 2.23 | 0.94 | 1.30 | 1.46 | 0.44 | 0.65 | 0.65 |
| Shares, diluted (wtd. avg.) | $17.1M | $17.0M | $15.8M | $15.8M | $16.5M | $17.3M | $18.4M | $18.7M | $18.0M | $17.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $324.7M | $279.2M | $303.5M | $105.1M | $51.0M | $121.6M | $71.0M | $70.7M | $87.0M | $52.6M |
| Property, plant and equipment | $62.4M | $69.9M | $73.2M | $69.1M | $70.9M | $58.5M | $61.1M | $62.5M | $63.6M | $54.2M |
| Goodwill | $34.1M | $34.1M | $34.1M | $25.6M | $25.6M | $25.6M | $25.6M | $25.6M | $25.6M | $12.7M |
| Other intangibles | $4.8M | $6.6M | $9.1M | $93.0K | $343.0K | $1.1M | $2.5M | $4.5M | $7.2M | $7.1M |
| Total assets | $4.55B | $4.60B | $4.61B | $3.55B | $3.52B | $3.72B | $3.48B | $3.30B | $3.21B | $2.72B |
| Total liabilities | $3.94B | $4.04B | $4.14B | $3.16B | $3.13B | $3.31B | $3.07B | $2.89B | $2.81B | $2.36B |
| Retained earnings | $436.5M | $380.5M | $308.7M | $270.3M | $240.1M | $242.8M | $224.5M | $200.6M | $191.7M | $179.8M |
| Total equity | $600.7M | $551.8M | $471.2M | $388.8M | $396.5M | $408.3M | $408.9M | $409.2M | $397.6M | $360.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $49.5M | $45.4M | -$32.9M | $39.1M | $9.6M | -$39.1M | $7.6M | $31.3M | $15.1M | $28.9M |
| Depreciation and amortisation | $11.1M | $11.6M | $9.1M | $9.3M | $9.5M | $5.9M | -$6.8M | -$6.0M | -$6.7M | -$4.0M |
| Capital expenditure | $4.2M | $3.0M | $3.4M | $6.6M | $16.1M | $2.9M | $2.1M | $3.5M | $2.8M | $801.0K |
| Investing cash flow | $110.1M | $20.8M | -$130.6M | $28.9M | $149.5M | -$127.9M | -$150.5M | -$134.0M | -$106.8M | -$11.1M |
| Financing cash flow | -$114.1M | -$134.2M | $361.9M | -$13.8M | -$229.7M | $217.6M | $143.2M | $86.5M | $126.0M | -$81.4M |
| Dividends paid | $8.4M | $7.7M | $6.2M | $5.5M | $5.0M | $4.6M | $3.2M | $0 | $0 | — |
| Buybacks | $13.6M | $645.0K | $0 | $43.3M | $16.2M | $24.5M | $30.6M | $0 | $0 | $27.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001538263-26-000032.
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