1. HomeTrust Bancshares completed a 5% stock repurchase program. 2. 806,000 shares were repurchased at an average price of $31.84 per share. 3. Board approved an additional repurchase of 870,000 shares. 4. The company received multiple awards for being a best workplace. 5. Total assets reach $4.6 billion as of September 30, 2025.
FAQ
Why Bullish?
Share repurchase programs generally indicate confidence in the company's value and prospects, which can lead to upward pressure on stock prices. Historically, companies like Apple and Microsoft have seen price increases following significant buybacks, reinforcing investor optimism.
How important is it?
The announcement of share repurchases is a significant corporate move that signals management's confidence and is usually well-received in the market, highly relevant to HTB's stock price.
Why Short Term?
The immediate effects of share buybacks often impact stock prices within weeks or months. Investors may react quickly to the announcement and alter their sentiment towards HTB's stock.
HomeTrust Bancshares, Inc. Completes Stock Repurchase Program and Authorizes New One
ASHEVILLE, N.C., Dec. 16, 2025 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NYSE: HTB), the parent company of HomeTrust Bank, has announced the successful completion of its previous stock repurchase program that initiated in March 2022. This program saw a total of 806,000 shares repurchased at an average price of $31.84 per share.
Furthermore, the Company’s Board of Directors has sanctioned a new repurchase authorization for up to an additional 870,000 shares of the Company's common stock. This new program represents approximately 5% of the current outstanding shares and will allow for purchases either in the open market or through privately negotiated transactions, depending on market conditions.
Details of the Stock Repurchase Program
The completion of the initial repurchase program reflects HomeTrust Bancshares' ongoing commitment to enhancing shareholder value. The newly authorized program aims to further stabilize the share price and demonstrate confidence in the Company’s future growth.
Key highlights of the stock repurchase activities include:
- Completion of a 5% stock repurchase program
- Total of 806,000 shares repurchased since March 2022
- Average repurchase price of $31.84 per share
- New authorization to repurchase up to 870,000 shares
Company Overview and Performance
HomeTrust Bancshares, Inc. (NYSE: HTB) is based in Asheville, North Carolina, and serves as the holding company for HomeTrust Bank, which operates over 30 locations across multiple states including North Carolina and Georgia. With total assets amounting to $4.6 billion as of September 30, 2025, HomeTrust aims to establish itself as a high-performing regional community bank.
The Company's commitment to excellence has not gone unnoticed; it has been recognized by various financial institutions and publications. HomeTrust has earned distinctions such as:
- “Best U.S. Banks” by Bank Director
- “America’s Best Banks” by Forbes
- “Top 50 Community Banks” by S&P Global
- 2025 KBW Honor Roll inclusion
- “Best Banks to Work For” by American Banker
- “Most Loved Workplace” certification by Best Practices Institute
Forward-Looking Statements
This announcement includes "forward-looking statements" in accordance with the Private Securities Litigation Reform Act of 1995. These statements encompass the Company's beliefs, plans, objectives, and projections regarding future performance, and are subject to various risks that may result in actual outcomes differing significantly from anticipated results.
Factors that could contribute to these discrepancies include:
- Natural disasters and their effects
- Challenges in executing mergers and acquisitions
- Competitive pressures within the financial services sector
- Changes in economic conditions and interest rates
- Legislative and regulatory shifts
Management does not undertake any obligation to update forward-looking statements following their publication, barring any new information or developments.