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Home Bancorp (Home Bancorp) Effective Interest Rate on Debt % : 18.95% (As of Dec. 2023)


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What is Home Bancorp Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Home Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $56.5 Mil. Home Bancorp's average total debt for the quarter that ended in Dec. 2023 was $298.0 Mil. Therefore, Home Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 18.95%.


Home Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Home Bancorp's Effective Interest Rate on Debt % can be seen below:

* 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.

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Home Bancorp Effective Interest Rate on Debt % Chart

Home Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.37 29.60 17.93 5.92 17.60

Home Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.12 11.14 14.19 18.95 25.07

Competitive Comparison of Home Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Home Bancorp's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Home Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home Bancorp's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Home Bancorp's Effective Interest Rate on Debt % falls into.



Home Bancorp Effective Interest Rate on Debt % Calculation

Home Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -42.971/( (235.765+252.493)/ 2 )
=-1  *  -42.971/244.129
=17.60 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=80.765 + 155
=235.765

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102.493 + 150
=252.493

Home Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -56.468/( (343.552+252.493)/ 2 )
=-1  *  -56.468/298.0225
=18.95 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102.552 + 241
=343.552

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=102.493 + 150
=252.493

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Home Bancorp  (NAS:HBCP) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Home Bancorp Effective Interest Rate on Debt % Related Terms

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Home Bancorp (Home Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
503 Kaliste Saloom Road, Lafayette, LA, USA, 70508
Home Bancorp Inc is engaged in attracting deposits from the public and using those funds to invest in loans and securities. The principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank of Dallas. These funds are primarily used for the origination of loans, including one-to-four-family first mortgage loans, home equity loans, and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans, and consumer loans. Its primary expenses are interest expense on deposits and borrowings and general operating expenses.
Executives
David T. Kirkley officer: EVP & Chief Financial Officer 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Chris P Rader director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Donald W Washington director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
John Scott Ballard director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Daniel G Guidry director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Ann Forte Trappey director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Michael P. Maraist director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598
Jason Freyou officer: EVP/Chief Operations Officer 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Joseph B Zanco officer: Executive Vice President & CFO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
John W. Bordelon director, officer: President and CEO HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Darren E. Guidry officer: Executive Vice President HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Blanchet Paul J. Iii director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Kathy J Bobbs director 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Mark M Cole director HOME BANCORP, INC., 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Marc W Judice director HOME BANCORP INC, 503 KALISTE SALOOM ROAD, LAFAYETTE LA 70598