May 29, 2020

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News in Focus: Home Bancorp, Inc. (NASDAQ:HBCP)

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Shares of Home Bancorp, Inc. (NASDAQ:HBCP) were transacted with a volume of 1924 shares in recent trading period as compared to its average volume of 12.97K shares over last three months period. The stock price scored -0.26% and valued at $34.71. Its 52 week price range is $ 32.59 – 48.47.

Home Bancorp, Inc. (NASDAQ:HBCP) reported that, after confirmation by the United States Senate, Mr. Donald W. Washington has resigned as a director of the Company and the Bank in order to accept a Presidential appointment to serve as Director of the United States Marshals Service.

“Don has been an exceptional Board member,” stated Michael P. Maraist, Chairman of the Board of the Company and the Bank, “While we will miss his expertise and insight, we could not be happier for our country that Don has once again chosen to serve his fellow Americans.  He’s going to do an amazing job leading such a critical agency of our federal government.”

“It’s been an incredible blessing to serve on the Home Bancorp Board of Directors,” said Mr. Washington, “The men and women of this Company are deeply committed to serving our customers and communities.  That commitment of putting others first will continue to be the key ingredient to Home Bank’s success going forward.”

“Don possesses all of the qualities you look for in a great Board member,” added John W. Bordelon, President and Chief Executive Officer of the Company and the Bank, “His sound judgment, legal expertise and humility helped Home Bank thrive during his tenure.”

The price moved ahead -0.87% from the mean of 20 days, -1.65% from 50 and separated -13.94% from 200 days average price. Its price volatility for a month and for a week remained 3.40% 2.77% respectively. It noted beta of 0.3. Company’s price to sales ratio for last 12 months was 3.37 while its price to book ratio for the most recent quarter was 1.04 and its Market Cap valued at $345.22M.

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