Home BancShares records record revenue in second quarter
Conway-based Home BancShares, the parent company of Centennial Bank, posted second-quarter revenue of $295.1 million, a record for the bank holding company, and up 8.9% compared to revenue in the same quarter of 2025. The revenue beat the consensus estimate of $289.22 million.
Net income in the quarter was $119.327 million, slightly ahead of the $118.403 million in the same quarter of 2025, the bank reported Wednesday (July 15). Adjusted earnings per share of 64 cents beat the consensus estimate of 61 cents.
“Our legacy franchise produced loan growth during the quarter, while Mountain Commerce contributed meaningful deposit growth almost immediately following the acquisition – demonstrating exactly why we pursued the transaction,” John Allison, the bank’s board chairman said in the earnings report. “Even after absorbing approximately $12.7 million of merger-related expenses, we generated record adjusted earnings of $128.1 million, maintained a strong net interest margin of 4.51%, and continued to grow tangible book value per share.”
Helping drive the record quarterly revenue was the bank’s $53.5 million in non-interest income. Key components of non-interest income was $13 million in service charges and fees, $10 million from service charges on deposit accounts, $6.1 million from trust fees, and $5.1 million in mortgage lending income.
“Total revenue (net) reached a Company-record $295.1 million for the second quarter of 2026, increasing 10.6% from $266.7 million in the prior quarter,” the company noted in the earnings report. “The increase was driven by strong growth in net interest income, including the contribution from the Mountain Commerce acquisition completed during the quarter. The acquisition further enhances the Company’s earnings capacity and positions it well for continued revenue growth and earnings accretion in future periods.”
Following are other key financial metrics from the first-quarter 2026 report.
• Total assets as of June 30 reached $24.713 billion, above the $22.907 billion at the same period in 2025.
• Total loans receivable as of June 30 were $17.127 billion, up from the $15.18 billion at the same period in 2025.
• Total deposits as of June 30 were $19.113 billion, up from the $17.488 billion at the same period in 2025.
• The return on assets as of June 30 was 1.95%, down from 2.08% in the same period in 2025.
“The (ROA) decline was primarily attributable to $12.7 million of merger-related expenses associated with the completed acquisition of Mountain Commerce,” the bank noted, adding that without the merger expenses the ROA would have been 2.09%.
Founded in 1999, Home BancShares operates 78 branches in Florida, 75 branches in Arkansas, 60 branches in Texas, eight branches in Tennessee, five branches in South Alabama and one branch in New York City.
Shares of Home BancShares (NASDAQ: HOMB) closed Wednesday at $29.29, up 29 cents. During the past 52 weeks, the share price has ranged between $30.83 and $25.50.