Tearsheet

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Megatrend and thematic drivers
Megatrends include Local & Community Banking. Themes include Community Lending, Local Deposit Solutions, and Personalized Financial Services.
Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -16%
1  Key risks
HYNE key risks include credit quality deterioration from [1] a potential overconcentration in its commercial real estate and consumer loan portfolios and [2] elevated delinquencies already noted in consumer credit cards.
0 Megatrend and thematic drivers
Megatrends include Local & Community Banking. Themes include Community Lending, Local Deposit Solutions, and Personalized Financial Services.
1 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -16%
2 Key risks
HYNE key risks include credit quality deterioration from [1] a potential overconcentration in its commercial real estate and consumer loan portfolios and [2] elevated delinquencies already noted in consumer credit cards.

Valuation, Metrics & Events

HYNE Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

1. Member Approval of Conversion and Oversubscribed Offering

On November 14, 2025, Hoyne Bancorp announced that its members had approved the Plan of Conversion. Additionally, the Subscription Offering, which concluded on November 5, 2025, was reported as oversubscribed in its first category by eligible account holders. 2. Closing of Conversion and Stock Offering

Hoyne Bancorp, Inc. announced the closing of its conversion from a mutual holding company structure to a stock holding company structure and its associated stock offering on December 3, 2025. The company sold 7,935,000 shares of common stock at a price of $10.00 per share, generating gross offering proceeds of approximately $79.4 million.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
HYNE Return
Peers Return24%42%-20%22%16%10%118%
S&P 500 Return16%27%-19%24%23%14%108%

Monthly Win Rates [3]
HYNE Win Rate 
Peers Win Rate55%62%47%45%60%55% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
HYNE Max Drawdown 
Peers Max Drawdown-54%-6%-34%-31%-15%-25% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: USB, TFC, AX, LOB, AMAL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)

How Low Can It Go

HYNE has limited trading history. Below is the Financials sector ETF (XLF) in its place.

Unique KeyEventXLFS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-26.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven36.7%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven525 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven76.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven295 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven35.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven338 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-83.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven515.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven4,470 days1,480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -26.9% during the 2022 Inflation Shock from a high on 1/12/2022. A -26.9% loss requires a 36.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Hoyne Bancorp (HYNE)

Better Bets than Hoyne Bancorp (HYNE)

Trade Ideas

Select past ideas related to HYNE. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
14.1%14.1%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.1%5.1%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-2.4%-2.4%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
4.6%4.6%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-9.0%-9.0%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
14.1%14.1%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.1%5.1%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-2.4%-2.4%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
4.6%4.6%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-9.0%-9.0%-11.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Hoyne Bancorp

Peers to compare with:

Financials

HYNEUSBTFCAXLOBAMALMedian
NameHoyne Ba.U.S. Ban.Truist F.Axos Fin.Live Oak.Amalgama. 
Mkt Price13.7053.7450.1587.4136.0432.8643.09
Mkt Cap-83.764.84.91.61.04.9
Rev LTM1428,18220,0311,245533324889
Op Inc LTM-------
FCF LTM-29,9003,969492498124495
FCF 3Y Avg-10,5816,586306384129384
CFO LTM-19,9003,969538508128523
CFO 3Y Avg-10,5816,586347420131420

Growth & Margins

HYNEUSBTFCAXLOBAMALMedian
NameHoyne Ba.U.S. Ban.Truist F.Axos Fin.Live Oak.Amalgama. 
Rev Chg LTM-4.0%55.5%8.4%13.6%4.1%8.4%
Rev Chg 3Y Avg-6.5%3.1%19.1%9.9%9.5%9.5%
Rev Chg Q37.1%6.8%396.0%0.9%12.8%3.8%9.8%
QoQ Delta Rev Chg LTM7.8%1.7%49.9%0.2%3.1%1.0%2.4%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM-10.8%35.1%19.8%43.2%95.3%39.4%37.3%
CFO/Rev 3Y Avg-38.2%37.9%30.1%88.6%43.1%38.2%
FCF/Rev LTM-15.9%35.1%19.8%39.6%93.5%38.3%36.7%
FCF/Rev 3Y Avg-38.2%37.9%26.5%80.7%42.4%38.2%

Valuation

HYNEUSBTFCAXLOBAMALMedian
NameHoyne Ba.U.S. Ban.Truist F.Axos Fin.Live Oak.Amalgama. 
Mkt Cap-83.764.84.91.61.04.9
P/S-2.72.93.83.12.52.9
P/EBIT-------
P/E-10.511.311.123.78.011.1
P/CFO-7.614.98.93.26.47.6
Total Yield-13.7%13.5%9.0%4.5%14.5%13.5%
Dividend Yield-4.2%4.6%0.0%0.3%2.0%2.0%
FCF Yield 3Y Avg-17.3%14.7%8.1%25.1%18.6%17.3%
D/E-1.01.00.30.10.10.3
Net D/E--1.00.3-0.3-0.9-0.7-0.7

Returns

HYNEUSBTFCAXLOBAMALMedian
NameHoyne Ba.U.S. Ban.Truist F.Axos Fin.Live Oak.Amalgama. 
1M Rtn-18.2%14.2%15.6%21.6%22.8%18.2%
3M Rtn-9.5%11.8%-0.2%-0.9%18.8%9.5%
6M Rtn-26.9%29.0%22.9%29.1%11.1%26.9%
12M Rtn-12.4%16.6%13.4%-15.9%-4.6%12.4%
3Y Rtn-47.3%42.9%143.5%28.1%46.9%46.9%
1M Excs Rtn-17.5%13.5%14.9%20.9%22.1%17.5%
3M Excs Rtn-6.8%8.7%-5.2%-4.5%13.6%6.8%
6M Excs Rtn-14.5%16.6%10.6%16.7%-1.3%14.5%
12M Excs Rtn--1.0%3.9%-1.3%-29.2%-15.3%-1.3%
3Y Excs Rtn--25.6%-32.6%54.7%-56.7%-30.5%-30.5%

Financials

Segment Financials

Revenue by Segment

$ Mil2024
Single segment12
Total12


SEC Filings

Expand for More

Report DateFiling DateFiling
93020251113202510-Q 9/30/2025
33120256172025S-1 3/31/2025
1231202410022025424B3 12/31/2024