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

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) issued its earnings results on Thursday. The bank reported $0.46 earnings per share for the quarter, Zacks reports. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%.

Home Federal Bancorp, Inc. of Louisiana Stock Performance

NASDAQ:HFBL remained flat at $22.99 during trading hours on Thursday. The company’s stock had a trading volume of 56 shares, compared to its average volume of 4,704. Home Federal Bancorp, Inc. of Louisiana has a 1 year low of $12.83 and a 1 year high of $24.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.88. The company has a 50-day moving average price of $20.81 and a 200-day moving average price of $19.32. The firm has a market capitalization of $70.12 million, a P/E ratio of 11.97 and a beta of 0.38.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Monday, July 27th will be given a $0.15 dividend. The ex-dividend date is Monday, July 27th. This is a positive change from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 2.6%. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio (DPR) is currently 31.25%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a report on Monday, July 6th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

About Home Federal Bancorp, Inc. of Louisiana

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.