Home Bancorp (NASDAQ: HBCP) names CEO successor as deposits and profit slip

Posted by Anthony Miller on Oct 19th, 2026

What happened

Home Bancorp, Inc. (NASDAQ: HBCP) reported third-quarter net income of $10.1 million, down from $11.6 million in the second quarter of 2026. The board also declared a $0.32 quarterly cash dividend, payable November 13, 2026, to shareholders of record November 2, 2026.

In the same filing, John W. Bordelon said he will retire as CEO effective January 8, 2027. Darren E. Guidry will become CEO and stay president. Guidry has been president since July 1, 2026. Loans totaled $2.8 billion and deposits totaled $3.1 billion at September 30, 2026, both slightly below June 30. The company also recorded a $1.0 million provision for loan losses, up from $762,000 in the second quarter.

Key numbers

Metric	Latest	Change	Source
Net income	$10.1 million	from $12.4 million, -$2.3 million	Third-quarter 2026 earnings release
Diluted EPS	$1.28 per diluted share	from $1.59 per diluted share, -$0.31 per diluted share	Third-quarter 2026 earnings release
Net interest income	$35.9 million	from $34.1 million, +$1.8 million	Third-quarter 2026 earnings release
Nonperforming assets	$53.7 million	from $30.9 million, +$22.8 million	Third-quarter 2026 earnings release
Quarterly cash dividend	$0.32 per share	from $0.29 per share, +$0.03 per share	SEC 8-K

Why it matters

OptimistFi's case is that Home Bank must keep turning a local deposit-and-credit franchise into spread income without letting deposit costs or credit losses absorb the benefit. This quarter was mixed for that case. Net interest income held essentially steady at $35.9 million, up $110,000, even as the net interest margin slipped five basis points to 4.19%.

Core deposits fell $28.3 million, or 1.2%, to $2.3 billion. Nonperforming assets rose to $53.7 million, or 1.49% of total assets. That was up $14.5 million, or 37%, from June 30. Six loan relationships totaling $19.5 million were placed on nonaccrual status, although management said it does not expect sizable losses from them.

Noninterest income rose to $4.2 million. Noninterest expense also rose, to $26.3 million, mainly because of foreclosed assets and franchise and shares tax. Higher deposit costs and credit related interest reversals were the main pressures, while loan pricing and portfolio mix offset part of them.

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What's next

Executive management will host a conference call on Tuesday, October 20, 2026, at 10:30 a.m. CDT to discuss third-quarter 2026 results.

The dividend is scheduled for November 13, 2026, with the record date set for November 2, 2026. Bordelon's retirement as CEO takes effect January 8, 2027, and Guidry will assume the role the same day.

The next test is whether the call shows the six nonaccrual relationships remain contained and net interest income stays near $35.9 million.

From OptimistFi Perps

Sources

Third-quarter 2026 earnings release — Quarterly results, balance sheet figures and dividend declaration.
Form 8-K — Current report announcing results, dividend and CEO succession.

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Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.