June 20 - HomeTrust Bancshares Inc. (Nasdaq: HTBI) will be added to the Nasdaq OMX ABA Community Bank Index (Nasdaq: ABQI) prior to the market opening on June 24, 2013.
"We are pleased to be added to the ABA Community Bank Index," noted Dana Stonestreet, president and chief operating officer. "We believe it represents a potential opportunity to increase our shareholder base throughout the investment community."
The company is one of 10 community banks being added to the index as part of its semi-annual evaluation. The index is designed to track the performance of banks and thrifts (or their holding companies), listed on the Nasdaq Stock Market. The index is intended to serve as a benchmark for investment products by including the larger and more liquid community banks.
About HomeTrust Bancshares Inc.
On July 10, 2012, HomeTrust Bancshares Inc., Asheville, N.C., became the holding company for HomeTrust Bank in connection with the completion of the bank's conversion from the mutual to the stock form of organization and HomeTrust's related public stock offering. In the offering, HomeTrust sold 21,160,000 shares of common stock at a price of $10, for gross offering proceeds of $211.6 million. HomeTrust's common stock began trading on the NASDAQ Global Market on July 11, 2012, under the symbol "HTBI."