What is HomeTrust Bancshares Financial Strength?
HomeTrust Bancshares has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate HomeTrust Bancshares's interest coverage with the available data.
HomeTrust Bancshares's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.13.
Altman Z-Score does not apply to banks and insurance companies.
HomeTrust Bancshares Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
HomeTrust Bancshares's Interest Expense for the
months ended in Mar. 2024 was $-22.1 Mil. Its Operating Income for the
months ended in Mar. 2024 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10.0 Mil.
HomeTrust Bancshares's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. HomeTrust Bancshares Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
HomeTrust Bancshares's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HomeTrust Bancshares (HomeTrust Bancshares) Business Description
Traded in Other Exchanges
N/A
Address
10 Woodfin Street, Asheville, NC, USA, 28801
HomeTrust Bancshares Inc operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction, and development lending, and commercial and industrial loans.
Executives
| Richard Tyrone Williams |
other: Advisory Director |
HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Jesse Cureton |
other: Advisory Director |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Dwight L. Jacobs |
other: Advisory Director |
550 S. TRYON STREET - DEC45A, CHARLOTTE NC 28117 |
| Bonnie V Hancock |
other: Advisory Director |
P O BOX 12818, HOUSTON TX 77075 |
| Lora Jex |
officer: EVP and Chief Risk Officer |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Narasimhulu Neelagaru |
director |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Robert E. James |
other: Advisory Director |
HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Laura C Kendall |
other: Advisory Director |
C/O CHARLES & COLVARD, 3800 GATEWAY BLVD #310, MORRISVILLE NC 27560 |
| John Switzer |
other: Advisory Director |
BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202 |
| Sprink John Francis Ii |
officer: EVP |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Marty T. Caywood |
officer: EVP, Chief Information Officer |
HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Sidney A. Biesecker |
director |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Hunter Westbrook |
officer: SVP, Chief Banking Officer |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Craig C. Koontz |
director |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
| Tony J. Vuncannon |
officer: SVP, Chief Financial Officer |
C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801 |
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