HomeTrust Bancshares (NYSE:HTB) Lowered to Hold Rating by Hovde Group

Hovde Group cut shares of HomeTrust Bancshares (NYSE:HTBFree Report) from a strong-buy rating to a hold rating in a research report released on Monday,Zacks.com reports.

HomeTrust Bancshares Stock Up 2.0%

Shares of NYSE:HTB traded up $0.88 during midday trading on Monday, hitting $44.51. 39,196 shares of the stock were exchanged, compared to its average volume of 56,899. HomeTrust Bancshares has a twelve month low of $30.95 and a twelve month high of $47.64.

About HomeTrust Bancshares

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HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.

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