Home BancShares, Inc. Stock News

Due to the impact of Hurricanes Helene and Milton, the provisioning expense for loan losses will likely remain elevated in upcoming quarters. I've reduced my earnings estimate for both 2024 and 2025 because I've raised my provisioning expense estimate. Strong regional economies, as indicated by low unemployment rates, will likely sustain loan growth, and consequently earnings growth.

CONWAY, Ark., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.195 per share quarterly cash dividend payable December 4, 2024, to shareholders of record November 13, 2024. This cash dividend represents a $0.015 per share, or 8.3%, increase over the $0.18 cash dividend pa...

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB ) Q3 2024 Earnings Conference Call October 17, 2024 2:00 PM ET Company Participants Donna Townsell - Senior Vice President, Director of Investor Relations John Allison - Chairman and Chief Executive Officer Brian Davis - Treasurer and Chief Financial Officer Stephen Tipton - Chief Executive Officer, Centennial Bank Kevin Hester - President and Chief...

CONWAY, Ark., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.

CONWAY, Ark., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), parent company of Centennial Bank (“Centennial”), announced it has established additional reserves for loan losses related to the Hurricane Helene FEMA Disaster Area for the third quarter of 2024.

CONWAY, Ark., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced it expects to release Third Quarter 2024 earnings after the market closes on October 16, 2024. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, October 17, 2024.

Both the loan growth and net interest margin expansion of Home Bancshares beat my expectations for the second quarter. As a result, I've increased my earnings estimates for the full year. Earnings will receive a boost from continued loan growth. However, interest rate cuts will likely pressurize the margins, which will hurt the bottom line. The December 2024 target price is below the current ma...

CONWAY, Ark., July 24, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.195 per share quarterly cash dividend payable September 4, 2024, to shareholders of record August 14, 2024. This cash dividend represents a $0.015 per share, or 8.3%, increase over the $0.18 cash dividend pai...