Home Bancshares execs to ring NASDAQ opening bell on May 24

Home BancShares Chairman John Allison and members of the Conway-based banking group’s management team will ring the opening bell on the Nasdaq stock exchange on May 24 (Tuesday), company officials announced Friday.

The fast-growing Arkansas bank, which is the parent company of Centennial Bank, will also be featured on the NASDAQ Tower in Times Square in celebration of the company’s 10th anniversary as a NASDAQ listed company.

“I am proud of what we have accomplished through these last ten years for our customers, employees and shareholders,” Allison.  “We have excelled in a highly competitive market during some of our nation’s toughest economic times, while remaining committed to our core values.”

The opening bell ceremony will be broadcasted live on the television networks of Fox Business, Bloomberg and CNBC at 8:30 a.m., and will be webcast live on the bank’s website.

At its initial public offering on June 22, 2006, Home Bancshares operated 48 branches in Arkansas and Florida, and had assets of approximately $2 billion. Today, operating through its wholly-owned subsidiary, Centennial Bank, the regional banking group has assets of $9.4 billion with operations spanning Arkansas, Florida and South Alabama across a footprint of 141 branches. The bank also operates a loan production office on Wall Street that offers a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans.

Since listing on NASDAQ, Home Bancshares has grown its market cap from approximately $263.4 million to approximately $2.88 billion. Between March 31, 2006 and March 31, 2016, the Conway bank had an earnings per share compound annual growth rate of nearly 17.1%. The Arkansas bank’s stock has seen a total shareholder return of approximately 543% since its listing with NASDAQ.