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HTB (HomeTrust Bancshares) Piotroski F-Score : 6 (As of Mar. 02, 2025)


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What is HomeTrust Bancshares Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

HomeTrust Bancshares has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for HomeTrust Bancshares's Piotroski F-Score or its related term are showing as below:

HTB' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of HomeTrust Bancshares was 8. The lowest was 2. And the median was 5.


HomeTrust Bancshares Piotroski F-Score Historical Data

The historical data trend for HomeTrust Bancshares's Piotroski F-Score 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.

* Premium members only.

HomeTrust Bancshares Piotroski F-Score Chart

HomeTrust Bancshares Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 5.00 7.00 4.00 -

HomeTrust Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Piotroski F-Score 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 5.00 5.00 4.00 6.00 -

Competitive Comparison of HomeTrust Bancshares's Piotroski F-Score

For the Banks - Regional subindustry, HomeTrust Bancshares's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


HomeTrust Bancshares's Piotroski F-Score Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HomeTrust Bancshares's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where HomeTrust Bancshares's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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.

This Year (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 13.464 + 15.067 + 12.418 + 13.112 = $54.1 Mil.
Cash Flow from Operations was 21.531 + -9.034 + 5.922 + 43.779 = $62.2 Mil.
Revenue was 50.419 + 50.05 + 50.279 + 50.356 = $201.1 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(4651.997 + 4672.633 + 4684.011 + 4670.864 + 4637.293) / 5 = $4663.3596 Mil.
Total Assets at the begining of this year (Sep23) was $4,652.0 Mil.
Long-Term Debt & Capital Lease Obligation was $270.1 Mil.
Total Assets was $4,637.3 Mil.
Total Liabilities was $4,097.3 Mil.
Net Income was 13.658 + 6.734 + 15.013 + 14.833 = $50.2 Mil.

Revenue was 44.872 + 48.864 + 50.702 + 50.787 = $195.2 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(3555.186 + 3647.015 + 4526.87 + 4607.487 + 4651.997) / 5 = $4197.711 Mil.
Total Assets at the begining of last year (Sep22) was $3,555.2 Mil.
Long-Term Debt & Capital Lease Obligation was $462.3 Mil.
Total Assets was $4,652.0 Mil.
Total Liabilities was $4,167.6 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

HomeTrust Bancshares's current Net Income (TTM) was 54.1. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

HomeTrust Bancshares's current Cash Flow from Operations (TTM) was 62.2. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Sep23)
=54.061/4651.997
=0.01162103

ROA (Last Year)=Net Income/Total Assets (Sep22)
=50.238/3555.186
=0.01413091

HomeTrust Bancshares's return on assets of this year was 0.01162103. HomeTrust Bancshares's return on assets of last year was 0.01413091. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

HomeTrust Bancshares's current Net Income (TTM) was 54.1. HomeTrust Bancshares's current Cash Flow from Operations (TTM) was 62.2. ==> 62.2 > 54.1 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=270.109/4663.3596
=0.05792155

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=462.258/4197.711
=0.11012144

HomeTrust Bancshares's gearing of this year was 0.05792155. HomeTrust Bancshares's gearing of last year was 0.11012144. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Sep24)=Total Assets/Total Liabilities
=4637.293/4097.289
=1.13179544

Current Ratio (Last Year: Sep23)=Total Assets/Total Liabilities
=4651.997/4167.586
=1.11623299

HomeTrust Bancshares's current ratio of this year was 1.13179544. HomeTrust Bancshares's current ratio of last year was 1.11623299. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

HomeTrust Bancshares's number of shares in issue this year was 17.028. HomeTrust Bancshares's number of shares in issue last year was 16.801. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=54.061/201.104
=0.26882111

Net Margin (Last Year: TTM)=Net Income/Revenue
=50.238/195.225
=0.25733385

HomeTrust Bancshares's net margin of this year was 0.26882111. HomeTrust Bancshares's net margin of last year was 0.25733385. ==> This year's net margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Sep23)
=201.104/4651.997
=0.04322961

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=195.225/3555.186
=0.05491274

HomeTrust Bancshares's asset turnover of this year was 0.04322961. HomeTrust Bancshares's asset turnover of last year was 0.05491274. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+1+0+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

HomeTrust Bancshares has an F-score of 6 indicating the company's financial situation is typical for a stable company.

HomeTrust Bancshares  (NYSE:HTB) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


HomeTrust Bancshares Piotroski F-Score Related Terms

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HomeTrust Bancshares Business Description

Traded in Other Exchanges
N/A
Address
10 Woodfin Street, Asheville, NC, USA, 28801
HomeTrust Bancshares Inc operates as a bank holding company. It engaged in the business of planning, directing and coordinating the business activities of the Bank. The Bank is a North Carolina state chartered bank and provides a range of retail and commercial banking products.
Executives
Dwight L. Jacobs other: Advisory Director 550 S. TRYON STREET - DEC45A, CHARLOTTE NC 28117
Richard Tyrone Williams other: Advisory Director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Jesse Cureton other: Advisory Director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Bonnie V Hancock other: Advisory Director P O BOX 12818, HOUSTON TX 77075
Lora Jex officer: EVP and Chief Risk Officer C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Narasimhulu Neelagaru director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Robert E. James other: Advisory Director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Laura C Kendall other: Advisory Director C/O CHARLES & COLVARD, 3800 GATEWAY BLVD #310, MORRISVILLE NC 27560
John Switzer other: Advisory Director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Sprink John Francis Ii officer: EVP C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Marty T. Caywood officer: EVP, Chief Information Officer HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Sidney A. Biesecker director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Hunter Westbrook officer: SVP, Chief Banking Officer C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Craig C. Koontz director C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Tony J. Vuncannon officer: SVP, Chief Financial Officer C/O HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801