LAFAYETTE, La., June 27, 2016 /PRNewswire/ -- Home Bancorp, Inc.
(Nasdaq: "HBCP") (the "Company"), the parent company for Home
Bank (www.home24bank.com), a national bank headquartered in
Lafayette, Louisiana (the "Bank"),
was recently named to the Russell 3000® Index, which measures the
performance of the 3,000 largest US-traded stocks based on market
capitalization. Russell US Indexes, including the Russell
3000®, are the leading US equity benchmarks for institutional
investors.
"We are honored to be included in the Russell 3000 Index,"
stated John W. Bordelon, President
and Chief Executive Officer of the Company and the Bank. "We owe
our success to the dedicated work of our employees, the loyalty of
our customers and the commitment of our shareholders."
"As the banking landscape continues to evolve," added Bordelon,
"we remain fully committed to investing in and serving our
employees, customers and communities."
Since completing its initial public offering ("IPO") in
October 2008, Home Bancorp's stock
price has increased from $10 per
share to $24.99 per share as of the
close on June 27, 2016. Home
Bancorp's market capitalization is currently $181.4M. The Company also pays a quarterly
cash dividend, which totaled $0.10
per share in May 2016.
About Home Bancorp
Home Bancorp, Inc. is the parent
company for Home Bank, a national bank headquartered in
Lafayette, La. Home Bank, founded
in 1908 as Home Building & Loan, is the oldest financial
institution founded in Lafayette
Parish.
With 29 locations across South
Louisiana and Western
Mississippi, Home Bank is committed to serving the needs of
its communities. Personal banking has always been Home Bank's
trademark and that tradition continues as we grow, invest and serve
our clients and community. For more information about Home Bank,
visit www.home24bank.com.
This news release contains certain forward‑looking
statements. Forward‑looking statements can be identified by the
fact that they do not relate strictly to historical or current
facts. They often include the words "believe," "expect,"
"anticipate," "intend," "plan," "estimate" or words of similar
meaning, or future or conditional verbs such as "will," "would,"
"should," "could" or "may."
Forward‑looking statements, by their nature, are subject to
risks and uncertainties. A number of factors ‑ many of which
are beyond our control ‑ could cause actual conditions, events or
results to differ significantly from those described in the
forward‑looking statements. Home Bancorp's Annual Report on
Form 10-K for the year ended December 31,
2015, describes some of these factors, including risk
elements in the loan portfolio, the level of the allowance for
losses on loans, risks of our growth strategy, geographic
concentration of our business, dependence on our management team,
risks of market rates of interest and of regulation on our business
and risks of competition. Forward‑looking statements speak only as
of the date they are made. We do not undertake to update
forward‑looking statements to reflect circumstances or events that
occur after the date the forward‑looking statements are made or to
reflect the occurrence of unanticipated events.
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SOURCE Home Bancorp, Inc.