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KBW Reaffirms Their Buy Rating on Hometrust Bancshares (HTBI)
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KBW Reaffirms Their Buy Rating on Hometrust Bancshares (HTBI)

In a report released yesterday, Wood Lay from KBW maintained a Buy rating on Hometrust Bancshares (HTBIResearch Report), with a price target of $32.00. The company’s shares closed yesterday at $26.22.

Lay covers the Financial sector, focusing on stocks such as Bok Financial, Hilltop Holdings, and Sierra Bancorp. According to TipRanks, Lay has an average return of 0.3% and a 63.64% success rate on recommended stocks.

Hometrust Bancshares has an analyst consensus of Moderate Buy, with a price target consensus of $32.00.

Based on Hometrust Bancshares’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $50.77 million and a net profit of $15.01 million. In comparison, last year the company earned a revenue of $38.58 million and had a net profit of $6.03 million

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Hometrust Bancshares (HTBI) Company Description:

HomeTrust Bancshares, Inc. operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves in attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company was founded on July 10, 2012 and is headquartered in Asheville, NC.

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