Home Bancorp: Q2 Earnings Snapshot

Home Bancorp: Q2 Earnings Snapshot

LAFAYETTE, La. (AP) _ Home Bancorp Inc. (HBCP) on Tuesday reported second-quarter earnings of $8.5 million.

The bank, based in Lafayette, Louisiana, said it had earnings of $1.03 per share. Earnings, adjusted for costs related to mergers and acquisitions, came to $1.19 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.

The financial holding company posted revenue of $34.2 million in the period. Its revenue net of interest expense was $32.9 million, which also topped Street forecasts.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBCP at https://www.zacks.com/ap/HBCP