Tag: Home Bancshares

Quarterly net income dips, revenue rises for Home BancShares

Home BancShares posted a small dip in net income in the first quarter, but earnings per share of 50 cents beat the consensus estimate of 45 cents and interest income…

Surprise assessment, Texas probe buck Home BancShares Q4

Home BancShares, parent company of Centennial Bank, reported strong results for the year, but the fourth quarter saw a surprise FDIC assessment and potential legal trouble in a West Texas…

Quarterly income, revenue down at Home BancShares

Third-quarter net income and total revenue were down for Conway-based Home BancShares compared with the same quarter in 2022. However, earnings per share of 49 cents beat the consensus estimate…

Home BancShares produces healthy Q2 profits

After completing its big Texas merger, riding rising interest rates and navigating mixed signals in the economy, Home BancShares posted healthy second quarter profits. The Conway-based financial institution, parent company…

Home BancShares tops $305 million in net income in 2022

Conway-based Home BancShares, the parent company of Centennial Bank, reported net income of $305 million, surviving “headwinds” it said it encountered in West Texas where it picked up new assets…

Home BancShares sets record for net income, revenue in Q3

Home BancShares, parent company of Centennial Bank, reported third quarter net income Thursday (Oct. 20) of $108.7 million, up from $75 million one year ago. The Conway-based banking entity showed…

Merger costs drop Home BancShares Q2 profits

It costs a lot to buy a big bank, and even if it’s a “Happy” acquisition, the move can take a toll. Home BancShares, parent company of Centennial Bank, reported…

Home BancShares adds Happy Bancshares chairman to board

Home BancShares, Inc. has named J. Pat Hickman, former Chairman of Happy Bancshares, Inc. of Texas to its board of directors. Conway-based Home BancShares, parent company of Centennial Bank, recently…

Quarterly income, revenue down at Home BancShares; bank chairman touts cash position

Home BancShares Chairman John Allison noted in the bank holding company’s first quarter earnings report that the company has more than $3.5 billion in cash to ride out “volatile” economic…

Home BancShares adds to marine loan portfolio in $238 million deal

Home BancShares completed its purchase of the marine loan portfolio of Utah-based LendingClub Bank. Terms of the transaction totaled $238 million in acquired yacht loans. The portfolio of loans will…

Home Bancshares reports record net income of $319 million in 2021

A solid fourth quarter capped a record year for Home Bancshares, parent company to Centennial Bank, and with its pending entry into the Texas market, the future looks bright. The…

Shareholders of Home Bancshares, Happy Bancshares approve merger

Shareholders of Conway-based Home Bancshares and Amarillo-based Happy Bancshares have both approved a proposed a $918 million merger that was announced earlier this year. Home Bancshares, parent company of Centennial…

Home BancShares moving from NASDAQ to NYSE

Home BancShares, Inc. announced Tuesday (Nov. 9) it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The NASDAQ Global Select Market. Conway-based…

Home Bancshares sees rising net income in Q3

Home Bancshares recorded a $75 million profit in the third quarter as the Conway-based financial enterprise racked up year-to-date net income of $245.7 million, the company said on Thursday (Oct….

Home BancShares plans Texas market entry through $918M acquisition

Conway-based Home BancShares (NASDAQ: HOMB), holding company of Centennial Bank, announced Wednesday (Sept. 15) its entrance to the Texas market with the $918 million all-stock acquisition of Happy Bancshares, parent…

Net income up 26% at Home BancShares, loan growth declines

Home BancShares, the parent company of Centennial Bank, posted second quarter net income of $79.1 million, up 26% from the $62.8 million in the same quarter of 2020. The gain,…

Home Bancshares names Audra Foster Director of Corporate Social Responsibility

Home BancShares, Inc. and its wholly-owned subsidiary, Centennial Bank, announced Tuesday (July 13) the appointment of Audra Foster as Director of Corporate Social Responsibility. “We are proud to announce our…

Home Bancshares posts third consecutive record quarter despite pandemic

Home Bancshares, parent company for Centennial Bank, posted strong fourth quarter earnings as the Conway-based financial institution recorded its third straight record quarter despite the coronavirus pandemic. Net income was…

Third quarter net income dips for Home BancShares; per share earnings beat the estimate

Conway-based Home BancShares, the parent company of Centennial Bank, posted third quarter net income of $69.3 million, down 4.8% from the same quarter in 2019. Part of the decline was…

Home BancShares profit falls 99% in first quarter, cites ‘$95 million of noise’

Conway-based Home BancShares Inc., parent company of Centennial Bank, reported Thursday (April 16) earnings declined 99.3% as it completed an acquisition and remained profitable amidst the COVID-19 pandemic that contributed…