Home Bancorp Q3 EPS Falls to $1.28 as Nonperforming Assets Jump 37%; CEO Bordelon to Retire
HBCP sits 29% above its 52-week low of $51.05.
Summary
Home Bancorp earned $1.28 per diluted share in Q3, down from $1.48, as nonperforming assets rose 37% on $19.5 million of newly nonaccrual loans. The same release announced CEO John Bordelon's retirement effective January 8, 2027, with President Darren Guidry succeeding him, and a dividend increase to $0.32.
Key Events · Earnings and Guidance · HBCP
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Q3 EPS Falls to $1.28
Net income of $10.1 million, or $1.28 per diluted share, versus $11.6 million, or $1.48, in Q2 2026. Net interest income held at $35.9 million while the margin slipped 5bp to 4.19%.
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Nonperforming Assets Jump 37%
NPAs rose to $53.7 million (1.49% of assets) from $39.2 million (1.09%) after six loan relationships totaling $19.5 million moved to nonaccrual. Criticized loans climbed to $105.0 million, or 3.79% of loans.
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Reserve Coverage Thins
Allowance for loan losses to nonperforming loans fell to 81.6% from 128.7% at June 30. The quarter's provision was $1.0 million versus $762,000 in Q2, with net charge-offs of $586,000.
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CEO Succession Announced
John W. Bordelon retires as CEO effective January 8, 2027 and stays on as Chairman; President Darren E. Guidry, with the company since 1993, becomes CEO and joins both boards.
Analysis · HBCP · Finance
Credit quality is the headline: six loan relationships totaling $19.5 million were moved to nonaccrual, lifting nonperforming assets 37% to $53.7 million (1.49% of assets) and criticized loans to $105.0 million (3.79% of loans). Coverage of nonperforming loans by the allowance fell to 81.6% from 128.7% a quarter earlier, so the reserve cushion is thinner just as problem credits grow. Management says it does not expect sizable losses and booked only a $1.0 million provision, but the trend is the opposite of the prior quarter's improvement. Leadership is the second story: CEO John Bordelon retires January 8, 2027 after more than 45 years, with President Darren Guidry stepping up and Bordelon staying on as Chairman — an orderly, pre-planned handoff rather than a disruption. Earnings themselves were soft: $1.28 diluted EPS versus $1.48 in Q2, with the margin down 5bp to 4.19% and the efficiency ratio at 65.6%. The dividend was raised a penny to $0.32.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 37.9% of the 895 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, HBCP was trading at $65.78 on NASDAQ in the Finance sector, with a market capitalization of approximately $517.7M. The 52-week trading range was $51.05 to $74.50. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.