Hometrust Bancshares traded at $42.69 this Thursday March 5th, decreasing $0.37 or 0.86 percent since the previous trading session. Looking back, over the last four weeks, Hometrust Bancshares lost 4.18 percent. Over the last 12 months, its price rose by 20.93 percent. Looking ahead, we forecast Hometrust Bancshares to be priced at 40.85 by the end of this quarter and at 37.21 in one year, according to Trading Economics global macro models projections and analysts expectations.
HomeTrust Bancshares, Inc. is a bank holding company of HomeTrust Bank (the Bank). The Bank's principal business consists of attracting deposits from the general public and investing those funds along with borrowed funds in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans, construction and land/lot loans, indirect automobile loans and other consumer loans. Municipal leases are secured primarily by a ground lease in its name with a sublease to the borrower for a fire station or an equipment lease for fire trucks and firefighting equipment located throughout North and South Carolina. In addition, it invests in debt securities issued by United States Government agencies, corporate bonds, commercial paper and certificates of deposit insured by the Federal Deposit Insurance Corporation (FDIC).