HomeTrust Bancshares Raises Quarterly Dividend 15.4% to $0.15 Per Share
HomeTrust Bancshares, Inc., a North Carolina-based community bank holding company, declared a quarterly cash dividend of $0.15 per common share, marking a 15.4% increase from the prior quarter's $0.13 dividend. This is the eighth dividend increase since the company initiated cash dividends in November 2018.
HomeTrust Bancshares, Inc. (NYSE: HTB), the holding company for HomeTrust Bank, declared a quarterly cash dividend of $0.15 per common share, representing a $0.02 or 15.4% increase over the previous quarter's dividend. The dividend is payable May 28, 2026 to shareholders of record as of the close of business on May 14, 2026. Read more dividend announcements.
The announcement marks the eighth increase in the company's quarterly dividend since HomeTrust initiated cash dividends in November 2018. The Asheville, North Carolina-based community bank made the declaration alongside preliminary financial results for the first quarter of the year ending December 31, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.15 per share |
| Previous Amount | $0.13 per share |
| Increase | $0.02 (15.4%) |
| Record Date | May 14, 2026 |
| Payment Date | May 28, 2026 |
"We also announced today an increase in our quarterly dividend, further demonstrating our confidence in the Company's strength and future financial performance," said Hunter Westbrook, President and Chief Executive Officer.
First Quarter Financial Performance
For the quarter ended March 31, 2026, HomeTrust reported net income of $16.8 million, up from $16.1 million in the quarter ended December 31, 2025. Diluted earnings per share increased to $0.99 from $0.93 in the prior quarter.
The company's annualized return on assets improved to 1.55% from 1.44%, while annualized return on equity rose to 11.35% from 10.63%. Net interest margin expanded to 4.31% from 4.20% in the previous quarter, driven by deposit mix changes and reductions in funding costs that outpaced a slight decline in asset yields.
Provision for credit losses declined sharply to $370,000 from $2.1 million in the prior quarter. The company paid cash dividends totaling $2.2 million in both periods at the previous $0.13 per share rate.
Capital Management Activity
HomeTrust repurchased 533,240 shares of common stock during the first quarter at an average price of $42.85, accelerating from 241,201 shares repurchased at an average price of $42.19 in the fourth quarter of 2025. The company's Board of Directors authorized the repurchase of 870,000 shares on December 16, 2025, representing approximately 5% of outstanding shares. As of March 31, 2026, there were 245,503 shares, or 1.5% of outstanding shares, available for repurchase under the authorization.
"During the first quarter, we accelerated our pace of stock buybacks as part of our ongoing and prudent capital allocation strategy," Westbrook said. The company remains positioned to accelerate loan growth in the second half of 2026.