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

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) posted its earnings results on Thursday. The bank reported $0.48 earnings per share for the quarter, FiscalAI reports. Home Federal Bancorp, Inc. of Louisiana had a net margin of 15.47% and a return on equity of 9.28%. The firm had revenue of $6.03 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Trading Down 1.9%

Shares of HFBL stock traded down $0.36 during trading hours on Thursday, reaching $18.74. 1,356 shares of the stock were exchanged, compared to its average volume of 3,129. Home Federal Bancorp, Inc. of Louisiana has a 12-month low of $12.32 and a 12-month high of $20.00. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average price is $18.27 and its 200-day moving average price is $17.28. The firm has a market capitalization of $57.63 million, a price-to-earnings ratio of 11.15 and a beta of 0.37.

Home Federal Bancorp, Inc. of Louisiana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Monday, April 27th will be paid a dividend of $0.135 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.9%. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is currently 32.14%.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a report on Wednesday, April 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Home Federal Bancorp, Inc. of Louisiana presently 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.