HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2023

Shreveport, Louisiana, July 31, 2023 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2023, of $1.3 million compared to net income of $1.1 million reported for the three months ended June 30, 2022. The Company’s basic and diluted earnings per share were $0.42 and $0.40, respectively, for the three months ended June 30, 2023, compared to basic and diluted earnings per share of $0.33 and $0.31, respectively, for the three months ended June 30, 2022. The Company reported net income of $5.7 million for the year ended June 30, 2023, compared to $4.9 million for the year ended June 30, 2022. The Company’s basic and diluted earnings per share were $1.89 and $1.80, respectively, for the year ended June 30, 2023, compared to $1.50 and $1.41, respectively, for the year ended June 30, 2022.

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