LAFAYETTE, La. - Home Bancorp , Inc. (NASDAQ:HBCP), along with its subsidiary Home Bank, N.A., announced today the appointment of Mark C. Herpin as Senior Executive Vice President and Chief Operations Officer. Herpin brings over two decades of banking experience to the executive management team, having held various senior roles at First Horizon (NYSE:FHN) (IBERIABANK), including technology, finance, and mergers and acquisitions.
John Bordelon, President and CEO of Home Bank, expressed enthusiasm for Herpin's addition to the team, highlighting his leadership qualities and extensive banking knowledge. Herpin's expertise spans technology implementation, data analytics, and data management, among other areas. His previous positions at First Horizon included Senior Vice President and Director of Strategic Data Solutions, Deputy CIO, and Director of Enterprise Data Management.
Herpin holds an MBA from the University of Louisiana at Lafayette, an undergraduate degree from Louisiana State University, and several professional certifications. He is actively involved in the community, serving on various boards, including the Episcopal School of Acadiana and the Lafayette-Acadiana chapter of Legatus.
Home Bank, N.A., established in 1908, is the oldest financial institution in Lafayette Parish and operates in South Louisiana, Natchez, Mississippi, and the Greater Houston area, with a Commercial Banking Office in North Houston. The bank continues its tradition of personal banking while expanding to meet the needs of its customers and community.
This announcement is based on a press release statement from Home Bancorp, Inc.
InvestingPro Insights
As Home Bancorp, Inc. (NASDAQ:HBCP) welcomes Mark C. Herpin as its new Senior Executive Vice President and Chief Operations Officer, investors may be interested in recent financial metrics and analyst insights provided by InvestingPro. With a market capitalization of approximately $294.25 million and a price-to-earnings (P/E) ratio standing at 7.69, the company presents an interesting profile for those following the financial sector.
InvestingPro Tips indicate that Home Bancorp has a history of consistent dividend payments, having raised its dividend for 10 consecutive years, which showcases the company's commitment to returning value to shareholders. Additionally, despite concerns over weak gross profit margins, analysts have revised their earnings upwards for the upcoming period, reflecting a potential confidence in the company's operational efficiency and growth prospects.
Key InvestingPro Data metrics for Home Bancorp include a dividend yield of 2.76%, which may appeal to income-focused investors. Moreover, the company's stock is currently trading at 82.27% of its 52-week high, suggesting a degree of market confidence. Lastly, the company's next earnings date is set for July 23, 2024, a date for investors to potentially mark on their calendars.
For those interested in a deeper dive into Home Bancorp's financial health and future outlook, InvestingPro offers additional insights and tips. Use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, and gain access to a comprehensive analysis that includes more than 6 additional InvestingPro Tips for HBCP.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.