In the Q1, Home Bancorp Inc 's corporate clients experienced a reduction by -6.37 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -12.03 %. During the corresponding time, Home Bancorp Inc recorded a revenue increase by 5.47 % year on year, sequentially revenue fell by -0.71 %. While revenue at the Home Bancorp Inc 's corporate clients fell by -7.76 % year on year, sequentially revenue fell by -12.26 %.
Customers of Home Bancorp Inc saw their costs of revenue decrease by -6.37 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -12.03 %, for the same period Home Bancorp Inc recorded revenue increase by 5.47 % year on year, sequentially revenue fell by -0.71 %.
Home Bancorp Inc's Comment on Sales, Marketing and Customers
The Bank has four primary market areas across south Louisiana: Greater Lafayette,
Baton Rouge, Greater New Orleans and the Northshore (of Lake Pontchartrain) and
two primary market areas in west Mississippi: Natchez and Vicksburg. In 2007,
the Company expanded its operations into Baton Rouge, Louisiana, and currently
operates three banking offices in Baton Rouge. In 2010, the Company expanded into
the Northshore (of Lake Pontchartrain) through a Federal Deposit Insurance Corporation
(“FDIC”) assisted transaction of the former Statewide Bank (“Statewide”).
The Bank currently operates six banking offices in the Northshore region. In 2011,
the Company expanded into the Greater New Orleans area through its acquisition
of GS Financial Corporation (“GSFC”) and its subsidiary, Guaranty
Savings Bank (“Guaranty”).
Home Bancorp Inc’s Comment on Sales, Marketing and Customers
The Bank has four primary market areas across south Louisiana: Greater Lafayette,
Baton Rouge, Greater New Orleans and the Northshore (of Lake Pontchartrain) and
two primary market areas in west Mississippi: Natchez and Vicksburg. In 2007,
the Company expanded its operations into Baton Rouge, Louisiana, and currently
operates three banking offices in Baton Rouge. In 2010, the Company expanded into
the Northshore (of Lake Pontchartrain) through a Federal Deposit Insurance Corporation
(“FDIC”) assisted transaction of the former Statewide Bank (“Statewide”).
The Bank currently operates six banking offices in the Northshore region. In 2011,
the Company expanded into the Greater New Orleans area through its acquisition
of GS Financial Corporation (“GSFC”) and its subsidiary, Guaranty
Savings Bank (“Guaranty”).
Sources:
Home Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Home Bancorp Inc’s corporate clients.
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