Hoyne Bancorp (HYNE) has just posted its FY 2025 figures with third quarter revenue at roughly US$3.5 million and net income at about US$0.1 million, set against trailing 12 month revenue of around US$13.2 million and a loss of roughly US$0.4 million. Over the last few reported periods, the bank has seen revenue move from about US$2.5 million in Q3 2024 to roughly US$3.5 million in Q3 2025, while TTM revenue shifted from around US$10.3 million to about US$13.2 million. This provides a clearer view of how the top line has tracked alongside persistent losses. With margins still tight and profitability uneven, investors will likely focus on how these revenue levels interact with the current net interest margin and cost base.

See our full analysis for Hoyne Bancorp.

With the headline numbers in place, the next step is to set these results against the widely held narratives around Hoyne Bancorp to see which views are supported by the data and which might need a rethink.

23.9% revenue growth, but TTM still loss making

• Over the last 12 months, Hoyne generated about US$13.2 million of revenue, up from around US$10.3 million a year earlier, yet the trailing period still shows a net loss of roughly US$0.4 million.
• What stands out for a more bullish view is that revenue grew by 23.9% over the past year while TTM net income stayed in loss territory, so anyone optimistic on the story has to balance higher revenue against the absence of profitability so far.
  • Bulls pointing to higher revenue can reference quarterly figures rising from about US$2.5 million in Q3 2024 to roughly US$3.5 million in Q3 2025. Over the same period, trailing net income remained around a US$0.4 million loss.
  • This mix of higher sales and continuing losses means the bullish angle is built on improving top line, alongside financials that have not yet moved into sustained profit based on the available data.

For a closer look at how these revenue and profit trends fit into the wider story for Hoyne Bancorp, and how other investors are interpreting them, check out the Curious how numbers become stories that shape markets? Explore Community Narratives.

Net interest margin edges above 3%

• Q3 2025 net interest margin was 3.27% compared with 2.36% in Q3 2024, and the FY 2025 Q1 margin of 2.93% also sat above the 2.13% reported in Q1 2024.
• Supporters of a bullish angle may highlight that this higher margin coincides with lower cost to income ratios versus earlier periods. Yet trailing 12 month net income still shows a loss, so improved margins have not translated into profitable TTM earnings in the figures provided.
  • The cost to income ratio was 85.75% in Q1 2025 compared with 134.83% in Q1 2024, which suggests expenses were a smaller share of income in that quarter, even though TTM results still show an overall loss of about US$0.4 million.
  • Investors weighing this against the bullish case can see that margins and quarterly efficiency metrics looked better in FY 2025 data points, while the TTM loss and unprofitable classification keep the full year picture cautious.

P/B at 1.3x while TTM remains unprofitable

• Hoyne’s P/B of 1.3x sits above both its peer group and the US Banks industry average of 1.1x, and this comes alongside TTM unprofitability despite revenue growth of 23.9%.
• Critics with a bearish tilt may focus on that premium P/B multiple together with the TTM loss, arguing that paying more than the 1.1x peer and industry average could be demanding while the company is classified as unprofitable. The data available does not include forward earnings or cash flow forecasts to test whether that premium is being supported by expected profit trends.
  • The trailing 12 month figures show revenue of roughly US$13.2 million but a net loss of about US$0.4 million, so the higher P/B is not backed by positive trailing earnings in the dataset.
  • With no multi year forecast series in the inputs, bears can point to the premium P/B and TTM loss together as key reference points when they question how the current share price of US$14.39 lines up with recent financial performance.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on Hoyne Bancorp's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

With the mixed tone of revenue progress and ongoing losses in mind, take a moment to review the figures yourself and decide how comfortable you feel with the trade off between growth and profitability. To see what is driving the optimistic angle in the data, and which reward stands out most, check the 1 key reward.

Explore Alternatives

Hoyne Bancorp is still loss making on a trailing 12 month basis, carries a P/B premium to peers, and has not converted revenue growth into consistent profitability.

If you are uneasy about paying a premium for an unprofitable bank, you may wish to shift your research toward companies with clearer value and earnings support using the 60 high quality undervalued stocks.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.