Hometrust Bancshares, Inc. · NYSE:HTB
Hometrust Bancshares — Q2 2026 Earnings Presentation
32 slides from Hometrust Bancshares's earnings presentation, July 2026
Slide 1: 2nd Quarter 2026 Investor Presentation
2nd Quarter 2026 Investor Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but instead are based on certain assumptions including statements with res
Slide 3: Overview
Founded: 1926 Overview Locations: 32 $4.4B Assets1 $3.6B Loans1 Employees: $3.6B Deposits1 145% Price to TBV2 585 $814MM Market Cap2 16,727,821 Outstanding Shares1 Headquarters: Asheville, NC 74,823 TTM Average Daily 928,047 Volume2 NYSE: Total Shares Repurchased LTM1,3 1. Financial data as of June
Slide 4: Our Goal
Our Goal Become a High-Performing, Regional Community Bank 2026 One of only ten returning One of the Top 50 Community banks recognized for Banks two years in a row - consistent earnings growth 2023 and 2024 over the past 10 years, two years in a row – 2025 and 2026 One of the Top 100 Best Banks One
Slide 5: The Strategy to Reach Our Goal
The Strategy to Reach Our Goal Become a regionally & nationally recognized Best Place to Work 5
Slide 6: Double-Digit Growth in Tangible Book Value Per Share
Double-Digit Growth in Tangible Book Value Per Share TBV per Share TBV per Share, Adjusted* $35.00 +10.2% CAGR over last 24 months +10.4% CAGR over last 24 months $33.79 $34.00 $33.34 $33.67 $33.00 $32.70 $33.02 $31.83 $32.56 $32.00 $31.83 $30.95 $31.00 $30.92 $30.01 $30.00 $29.24 $30.00 $29.00 $28.
Slide 7: Double-Digit Growth in Adjusted Return on Assets
Double-Digit Growth in Adjusted Return on Assets Adjusted ROA 1.60% +12.0% CAGR over last 3.5 years 1.50% 1.50% 1.43% 1.40% 1.30% 1.30% 1.26% 1.20% 1.10% 1.01% 1.00% 0.90% 0.80% 0.70% 0.60% 2022 2023 2024 2025 Q2 2026* * Period reflects calendar year to date data. See Appendix – Non-GAAP Reconciliat
Slide 8: Strategic Framework
Strategic Framework High Performance Best Place to Work Added Shareholder Value Goals Focused Deposit Growth Capital Management Organizational Maturity Priorities Engaged Employees Collaborative Culture Great Markets for Business Strong Balance Sheet Foundation 8
Slide 9: Key Investment Highlights
Key Investment Highlights Footprint in attractive metro markets Compelling commercial bank products experiencing growth rates above the and proven team (See Pages 8, 10, 13-19) national average (See Pages 11-13) • Diversified lines of business and loan portfolio • Strong experienced team of revenue
Slide 10: Experienced Leadership Team
Experienced Leadership Team C. Hunter Westbrook Charles F. Sivley Jr. John Sprink Kevin M. Nunley President & CEO Chief Technology Officer Commercial Banking Group Exec. Chief Credit Officer (2012) (2024) (2014) (2020) Kristin Y. Powell Lora Jex Megan Pelletier Tony J. VunCannon Consumer & Business
Slide 11: Strong Southeast Footprint
Strong Southeast Footprint Attractive metro markets experiencing growth rates well above the national average (2.6%) 2. North Carolina 3. Virginia 7. Georgia 9. Tennessee Raleigh 2026 23. South Carolina 8.3% Population Growth 13.3% HH Income Growth Atlanta 4.2% Population Growth Charlotte Charleston
Slide 12: Continued Southeast Migration
Continued Southeast Migration 3. North Carolina 5. South Carolina 7. Georgia 8. Tennessee 32. Virginia Source: Retirement Living 2025 12
Slide 13: Primary Lines of Business
Primary Lines of Business Commercial Small Business Banking Consumer Banking Commercial Real Estate Business Banking Retail Banking Market Teams Commercial & Industrial Business Banking Centers Consumer Banking Middle Market Banking SBA Lending Digital Banking Equipment & Municipal Finance Community
Slide 14: Hybrid Branch Strategy
Hybrid Branch Strategy “Branch Heavy” “Branch-Lite” Consumer Markets Business Banking Centers Atlanta Asheville Charlotte Roanoke Greenville Tri-Cities Raleigh Branch Manager & Branch Manager & Consumer Banker Small Business Banker Introducing Small Business Banking & Micro-Business Loans Profession
Slide 15: Diversified Loan Portfolio
Diversified Loan Portfolio With Low Concentration Risk (Dollars in thousands, as of June 30, 2026) Total Loans $3,622,244 Commercial RE (NOO) 28% Commercial RE (OO) 15% HELOCs and Other Consumer 7% Construction and Development 10% 1-4 Family 17% Other Commercial 16% Equipment Finance 7% 15
Slide 16: Non-Owner Occupied CRE
Non-Owner Occupied CRE (Dollars in thousands, as of June 30, 2026) $200,000 NOO CRE – Office Top 5 loans: $175,000 $15,905,000 $6,199,000 $6,190,000 $4,780,000 $150,000 $4,736,000 Total - $37,810,000 (35% of the portfolio) $125,000 $100,000 $75,000 $50,000 $25,000 $- Hospitality Healthcare Other Mul
Slide 17: SBA Loan Portfolio
SBA Loan Portfolio (Dollars in thousands, as of June 30, 2026) SBA Portfolio Classified SBA Loans $9,000 12.00% Office 4% Other $7,500 10.00% 12% C&I 34% $6,000 8.00% Total Retail Balance $4,500 6.00% 22% $145,397 Guaranteed Balance $3,000 4.00% $49,876 $1,500 2.00% Hotel $- 0.00% 28% 6/30/25 9/30/2
Slide 18: Equipment Finance Portfolio
Equipment Finance Portfolio (Dollars in thousands, as of June 30, 2026) Over the Road Transport Construction 10% Classified EF Loans 1 26% Other $10,000 3.00% Transport Total Balance 11% $260,670 2.50% $8,000 2.00% $6,000 1.50% Manufacturing Other 18% 19% $4,000 1.00% Healthcare 16% $2,000 0.50% Due
Slide 19: Deposit Franchise
Deposit Franchise (Dollars in thousands, as of June 30, 2026) Total Deposits $3,606,847 Cost of Deposits 2.25% Time Noninterest- Deposits bearing 2.06% 20% 2.05% 21% 2.00% 2.00% 1.85% 1.73% 1.75% NOW 1.50% 15% 1.25% Money Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Market/Savings 44% 19
Slide 20: Top Quartile Profitability Metrics
Top Quartile Profitability Metrics (Dollars in thousands, by year) Adjusted Earnings Performance Adjusted Efficiency Ratio $70,000 $4.50 65% $60,000 $4.00 63% $50,000 $3.50 $40,000 $3.00 61% $30,000 $2.50 59% $20,000 $2.00 $10,000 $1.50 57% $- $1.00 55% 2022 2023 2024 2025 2026 2022 2023 2024 2025 Q
Slide 21: Solid Asset Quality and Credit Discipline to Support Loan Growth
Solid Asset Quality and Credit Discipline to Support Loan Growth (Dollars in thousands) Net Charge-Offs (“NCO”) and Allowance for Credit Losses (“ACL”) NCO to Average Loans and ACL to Total Loans $12,000 0.30% $60,000 1.60% $10,000 0.25% $50,000 1.40% $8,000 0.20% $40,000 1.20% $6,000 0.15% $30,000
Slide 22: Strong Capital Position to Support Continued Growth
Strong Capital Position to Support Continued Growth (Dollars in thousands) Common Equity Tier I Capital Tier I Capital (to Risk-Weighted Assets) (to Total Adjusted Assets) 15% 14% 14% 13% 12% 12% 10% 11% 10% 8% 9% 8% 6% 7% 6% 4% 12/31/22 12/31/23 12/31/24 12/31/25 6/30/26 12/31/22 12/31/23 12/31/24
Slide 23: Capital Strategy
Capital Strategy Cash Dividends Market Price and Price to Tangible Book $0.60 20% $60.00 160% $0.50 18% $50.00 140% $0.40 $40.00 16% 120% $0.30 $30.00 14% 100% $0.20 $20.00 $0.10 12% $10.00 80% $- 10% $- 60% 2022 2023 2024 2025 2026 12/31/22 12/31/23 12/31/24 12/31/25 6/30/26 Dividend/Share Annualiz
Slide 24: Valuation – Peer Comparison
Valuation – Peer Comparison (Three Months ended March 31) Annualized Return on Stock Price to Annualized Stock Price to Tangible Book Assets (“ROA”) Earnings per Share (“EPS”) Value (“TBV”) per Share 2025 2026 2025 2026 2025 2026 Peer 2 2.61% Peer 2 2.40% Peer 7 31.25 Peer 3 16.48 Peer 1 2.88 Peer 1
Slide 25: Quarterly Highlights
Quarterly Highlights Net Income Per Share 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 Basic $ 0.95 $ 1.00 $ 0.94 $ 0.96 $ 1.01 $ 0.84 Diluted $ 0.94 $ 0.99 $ 0.93 $ 0.95 $ 1.00 $ 0.84 Performance Ratios 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 Return on assets (R
Slide 26: Quarterly Highlights
Quarterly Highlights Consistent Top-Quartile Net Interest Margin 4.50% 4.41% 4.32% 4.31% 4.31% 4.25% 4.18% 4.20% 4.32% 4.10% 4.09% 4.24% 4.03% 4.19% 4.14% 4.16% 4.11% 4.00% 4.05% 3.98% 3.95% 3.75% 3.50% Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NIM Reported NIM Core* 5.
Slide 27: Appendix – Non-GAAP Reconciliation
Appendix – Non-GAAP Reconciliation In addition to results presented in accordance with generally accepted accounting principles utilized in the United States (“GAAP”), this document contains certain non- GAAP financial measures, which include: the efficiency ratio; tangible book value; tangible book
Slide 28: Appendix – Non-GAAP Reconciliation
Appendix – Non-GAAP Reconciliation (Continued) Set forth is a reconciliation As of (Dollars in thousands) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 to GAAP of tangible book value, tangible book value Total stockholder's equity $ 600,600 $ 592,407 $ 600,690 $ 595,833 $ 579,274 per share, and
Slide 29: Appendix – Non-GAAP Reconciliation
Appendix – Non-GAAP Reconciliation (Continued) 6 Months Ended 12 Months Ended (Dollars in thousands) 6/30/2026 12/31/2025 12/31/2024 12/31/2023 12/31/2022 Set forth is a Contract renew al consulting fee $ - $ - $ 2,965 $ - $ - reconciliation to Merger-related expense - - - 4,741 724 GAAP of adjusted
Slide 30: Appendix – Non-GAAP Reconciliation
Appendix – Non-GAAP Reconciliation (Continued) 3 Months ended (Dollars in thousands) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025 Noninterest expense $ 33,979 $ 32,975 $ 31,694 $ 31,266 $ 31,255 $ 30,961 Set forth is a Less: loss on redemption of junior subordinated debt reconciliati
Slide 31: Culture Fundamentals
33 Culture Fundamentals 1. DO THE RIGHT THING, ALWAYS 18. GET CLEAR ON EXPECTATIONS 2. LOOK AHEAD AND ANTICIPATE 19. HONOR COMMITMENTS 3. BE POSITIVE 20. SHOW MEANINGFUL APPRECIATION 4. THINK TEAM 21. ASSUME POSITIVE INTENT 5. LISTEN GENEROUSLY 22. “BRING IT” EVERY DAY 6. SPEAK STRAIGHT 23. BE RELEN
Slide 32: Hunter Westbrook Tony VunCannon
Hunter Westbrook President and Chief Executive Officer hunter.westbrook@htb.com Tony VunCannon EVP / Chief Financial Officer Corporate Secretary / Treasurer 10 Woodfin Street tony.vuncannon@htb.com Asheville, NC 28801 (828) 259-3939 www.htb.com 32