Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Issues Earnings Results

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) released its quarterly earnings data on Thursday. The bank reported $0.46 earnings per share for the quarter, Zacks reports. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%. The firm had revenue of $6.51 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Price Performance

Shares of HFBL opened at $22.99 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average price of $20.89 and a two-hundred day moving average price of $19.35. The stock has a market cap of $70.21 million, a price-to-earnings ratio of 11.97 and a beta of 0.38. Home Federal Bancorp, Inc. of Louisiana has a 12 month low of $12.83 and a 12 month high of $24.00.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Monday, July 27th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, July 27th. This is a positive change from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is 31.25%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Monday, July 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.