HOMB

CONWAY, Ark., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (the "Company"), parent company of Centennial Bank ("Centennial"), announced today that its Board of Directors increased the number of shares authorized for repurchase under the Company's stock repurchase program and declared its regular quarterly cash dividend. On October 16, 2026, the Board of Directors of the Company increased the number of shares of the Company's common stock authorized for repurchase under its stock repurchase program to 20,000,000 shares. The program was originally approved by the Board in January 2008 and was most recently amended in January 2025. As of October 16, 2026, approximately 13,450,123 shares remained available under the existing authorization; therefore, the Board's action increased the number of shares available for repurchase by 6,549,877. Since the program's inception, the Company has repurchased 33,057,384 shares of HOMB common stock for an aggregate purchase price of $701.8 million. In addition, the Board of Directors declared a regular quarterly cash dividend of $0.23 per share, payable December 2, 2026, to shareholders of record as of November 11, 2026. The dividend is consistent with the quarterly dividend paid in the third quarter of 2026 and represents the Company's 82nd consecutive quarterly cash dividend since its initial public offering. "Our strong earnings and capital position provide us the opportunity to continue to repurchase Home BancShares stock. We view share repurchases as a highly effective way to increase shareholder value. As shares are repurchased and retired, our shareholders benefit by increasing their personal ownership position in our company. Another benefit to our shareholders is a quarterly dividend. Our Board of Directors increased the dividend by $0.02, or 9.5% a share in the third quarter this year. We will review the amount again this time next year," said John Allison, Chairman. Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, Tennessee, South Alabama and New York City. The Company's common stock is traded through the New York Stock Exchange under the symbol "HOMB." The Company was founded in 1998. Visit www.homebancshares.com or www.my100bank.com for more information. This release contains forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future, including future financial results, stock repurchases and cash dividend payments. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future events, performance or results. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following: economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment, including the ongoing impacts of inflation; the ability to identify, complete and successfully integrate new acquisitions; the risk that expected cost savings and other benefits from acquisitions may not be fully realized or may take longer to realize than expected; diversion of management time on acquisition-related issues; the availability of and access to capital and liquidity on terms acceptable to us; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations; technological changes and cybersecurity risks and incidents; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; political instability, military conflicts and other major domestic or international events; the impacts of recent or future adverse weather events, including hurricanes, and other natural disasters; disruptions, uncertainties and related effects on credit quality, liquidity and other aspects of our business and operations that may result from any future public health crises; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; potential increases in deposit insurance assessments, increased regulatory scrutiny or market disruptions resulting from financial challenges in the banking industry; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the "SEC"), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 27, 2026. FOR MORE INFORMATION CONTACT: Donna Townsell Director of Investor Relations Home BancShares, Inc. (501) 328-4625

Image source: The Motley Fool. Oct. 15, 2026 - Director of Investor Relations - Donna Townsell - Chairman - John Allison - Chief Executive Officer of Centennial Bank - Stephen Tipton - President and Chief Lending Officer - Kevin Hester - Chief Financial Officer - Brian Davis - President of CCFG - Chris Poulton - Shore Premier Finance - Scott Walter Operator: Greetings ladies and gentlemen. Welcome to the Home BancShares, Inc. Third Quarter 2026 Earnings Call. The purpose of this call is to discuss the information and data provided in the quarterly earnings release issued after the market closed yesterday. The company presenters will begin with prepared remarks, then entertain questions. [Operator Instructions] The company has asked me to remind everyone to refer to their cautionary note regarding forward-looking statements. You will find this note on Page 3 of their Form 10-K filed with the SEC in February 2026. [Operator Instructions] And this conference is being recorded. It is now my pleasure to turn the call over to Donna Townsell, Director of Investor Relations. Donna, please go ahead. Donna Townsell: Thank you. Good afternoon, and welcome to our third quarter conference call. With me for today's discussion is our Chairman, John Allison; Stephen Tipton, Chief Executive Officer of Centennial Bank; Kevin Hester, President and Chief Lending Officer; Brian Davis, our Chief Financial Officer; Chris Poulton, President of CCFG; and Scott Walter of Shore Premier Finance. The story of the quarter was stability, strength and shareholder value creation. All banks are not created equal in management, profitability, margin and among many other categories. And we certainly work hard at Home to set ourselves apart. We are proud to announce another record-setting quarter here at Home, and our team is prepared to provide more details about our performance. Our first speaker today will be our Chairman, John Allison. John Allison: Welcome, everyone. It's another strong quarter for Home BancShares, led by record earnings of $129.1 million or $0.65 a share. For the first 9 months of '26, we remain on the strong path towards my goal -- our goal of $500 million, or it sound better to say $0.5 billion. I never thought I'd be saying that, but we're on a path for that. For the first 9 months of '26, we produced $380 million in adjusted earnings, keeping us on a strong path towards our goal of $500 million. Really, the real difference between the earnings and the adjusted earnings is primarily Mountain Commerce, the merger expense of $12 million to $13 million. During the quarter, we paid our new dividend of $0.23 a share. I know you are all happy with that. I would think it's a 9.5% increase, and my wife is extremely happy. As you all remember, she's a dividend hawk for everyone. Increase from the last quarter, we repurchased 1.3 million shares for approximately $39.3 million, creating a shareholder buyback yield of 0.69% in the third quarter. Second quarter, we created a shareholder buyback yield of 0.77%, and the first quarter of 0.25%. So total through 3 quarters additional shareholder return of 1.71%. For the 3 quarters, we repurchased 3.3 million shares, approximately $94.4 million, with plans to continue stock repurchases during the fourth quarter. Couple that with a new dividend yield of approximately 3%. It is our goal to return as much capital to our shareholders as prudent to do so. I understand the importance of shareholders because they are the ones we work for. Being a founder, Chairman, owner operator and largest individual shareholder, I understand the alignment firsthand, management is invested in alongside our shareholders, and we remain committed to sharing the rewards of the company performance with them. That more than confirms the passion and drive to share the rewards with all our shareholders. Home's earnings power and balance sheet flexibility was shining brightly in the third quarter with record profitability, strong stock repurchases, margin expansion, increased dividend, consistent ROA, strong PPNR, tangible book per share growth, low efficiency ratio. It will be interesting to see once we -- as time goes on this quarter, how we compare to the rest of the industry. We're proud of the fact that we've been named by many companies for outstanding peer-leading performance awards year in and year out and as we forge forward on our goal of $0.5 billion in profit. As I said in the second quarter, Mountain Commerce transaction is performing very well and making a continued contribution to the total company. Based on what I've seen, I'd do that transaction again. We expect additional benefits as we complete the back-office integration during the fourth quarter. Congratulations on a good job to our new Tennessee partners. I'm proud of the work you're doing. Again, the big surprise, like, the second quarter was the third quarter average loan [ growth ] balances outstanding. What appeared to be a large down quarter like last quarter, turned out to be only down $28 million on average balances from last quarter. That's a result of keeping many of the loans and payoffs coming late quarter. Our funding strategy also continued to benefit earnings. Borrowing expenses during the quarter declined by $2.3 million. Decrease in interest expense on deposits was $1.2 million of that and decrease of $1.1 million in interest expense on Federal Home Loan borrowing and other borrowings as we reduced total borrowings by $200 million during the quarter. Many banks may think their AOCI pain is over because they restructured the balance sheet. It took hundreds of millions of dollars, in some cases, billions of dollars of losses attempting to repair the damage inflicted by their decisions. The story appears to be repeating itself again as rates continue to climb. Home avoided taking excessive duration risk, maintained balance sheet flexibility and protected shareholder capital. Our disciplined decision not to build a large, long-duration securities portfolio has proven to be the right one. Higher rates still affected our AOCI during the quarter, but impact remained manageable relative to our size. If you remember, we've not bought securities in years to speak of. A key point that differentiates Home from most banks as evidenced by the increase in margin for the quarter is the balance sheet is structured to increase the margin as rates increase. Donna said all banks are not created equally and they're not created equally. But when rates go up, stocks -- bank stocks usually go down when it's actually positive for Home BancShares, as you can see for the quarter. We built this balance sheet to perform through different economic and interest rate environments, and that discipline continues to benefit our shareholders through today. Those pushing public banks to buy low rate long-term securities several years ago are now the ones pushing for growth. Grow, grow, grow. Growth at any expense. They said, Johnny, open up that loan machine. I really bet that few, if any of them have ever run a bank. Being one of the most profitable and safest banks in the country year in and year out has worked for our shareholders. We will stay the course as we have in the past. I'd rather be known as one of the safest and most profitable banks in the United States than one with problems losing millions of hard-earned money of the shareholders. We will grow when opportunities meet our standards for credit quality, pricing and shareholder returns. We will stay the course and you can bank on that. Regarding our large nonperforming loan, we've been discussing for several quarters, our long-standing guidance has been, we have no additional loss in the large Texas C&I relationship. And in fact, we expect recoveries over time. There's been a lot of positive movement in this credit over the last 90 days. 80% of the assets of the company are under a signed asset purchase agreement that we expect to close tomorrow or next week, 3 weeks from now, but soon. And the remaining 20% have a preliminary agreement with only one contingency that will be resolved once the first part is sold and completed. So when the 80% sold, we understand the other 20% will come right after that. We expect these transactions to close this quarter. The scheduled proceeds from these 2 sales transactions would result in a recovery over the current carrying balance. Remaining balances owed and the proceeds would be between the personal guarantors and Home BancShares. Profitability, as I said earlier, of our company, we had a $166 million PPNR, and I think Stephen is going to cover most of those. We came out with a pretty good efficiency ratio of 40.84% for the quarter and 2.11% ROA, and that's without the Mountain Commerce conversion. Our nonperforming ticked up a little bit, but that's not a concern to us at that. I think Chris had a little one that popped up, $11 million or $12 million, and he's around to discuss it anybody wants to ask a question. I'd like to say a special thanks to our team for continuing to produce better numbers almost every quarter in our 26-year life. We're honored to be a continuing top performer year in and year out. Donna, I think that's all the news I have because all the news I have was good, and I have no bad news. Donna Townsell: Okay. Well, no bad news is good news. So thank you, Johnny. Our next report comes from Stephen Tipton. John Tipton: Thanks, Donna. As Johnny mentioned, the third quarter of 2026 was another strong performance for Home and Centennial Bank. Adjusted earnings were $129.1 million, an increase of $1 million from last quarter. Performance metrics are again top tier with a 2.11% return on assets and a 16.54% return on tangible common equity, which is on a TCE ratio of 13.48%. The reported net interest margin was 4.53%, an increase of 2 basis points from Q2. The core margin, excluding event income, was 4.50%, up 3 basis points from the prior quarter, and up 4 basis points year-over-year. The overall loan yield, excluding event income, averaged 6.91% and exited the quarter at 6.90%, while interest-bearing deposit costs averaged 2.37%. Total deposit costs were 1.83% in Q3 and exited the quarter at 1.81%. Switching to the balance sheet. Legacy deposit balances declined in Q3 by $358 million as a result of a decline in municipal deposit balances, quarterly tax payments in September and the reduction of wholesale deposits from the MCB acquisition. We continue to focus on core deposit relationships in this extremely competitive rate environment. Noninterest-bearing balances now stand at $4.21 billion and account for over 22% of total deposits. Loan production softened slightly in the third quarter to $850 million, reflective of our conservative approach to underwriting and discipline in pricing. Tennessee contributed nicely this quarter with almost $70 million in production. Payoff volume that we've discussed in the past materialized in Q3 with payoffs at $1.01 billion. Our pipeline for unfunded commitments remained strong at over $3.8 billion. As Johnny mentioned, tangible book value per share grew $0.03 to $15.35 despite a $65 million increase in AOCI and the share repurchases, a testament to the earnings power and stability of our company. Capital levels remain extremely strong with common equity Tier 1 capital ending at 16.7% and total risk-based capital at 19.4% and reserve to total loans of 1.93%. We believe our balance sheet is well positioned to benefit from the recent move in rates and from what looks to be additional rate hikes in the future. We have approximately $1.2 billion in fixed rate loans maturing over the next 12 months at a weighted average rate of 5.72%, along with $7 billion in variable rate loans. Asset liability modeling shows a nearly 6% increase in net interest income in an up 100 basis point scenario. We are proud of the third quarter results here at Home and look forward to another record year as we round out 2026. With that said, I'll turn it back to you, Donna. Donna Townsell: Thank you, Stephen. And Kevin Hester will wrap up our prepared remarks with an update on lending. Kevin Hester: Thanks, Donna. Loan balances ended the quarter much better than we anticipated when we visited 90 days ago. We had some payoffs late in the quarter, but also held on to a few that we expected to pay off. Johnny says I'm not very good at forecasting loan balances, so I've got that going for me. I'm not sure if it's correct or not, but for what it's worth, this quarter looks better than the last. We continue to see sizable loan opportunities throughout our footprint, and we're encouraged by the effort that's given by our lenders. Johnny commented on the large nonaccrual. And while we hoped it would be a third quarter resolution, we're very encouraged by the progress made recently, and we believe that the proposed asset sales validate our underwriting and management of the credit. Overall asset quality remains solid. And while nonperforming loans increased 11 basis points quarter-over-quarter, that increase is due to one CCFG loan that we expect to be resolved in this quarter, and Chris is on the call to provide more color on that. We remain focused on asset quality, profitability and growth in that order. One thing I can confidently tell you for my 65 quarters leading the lending function of this company is that this is the only formula for long-term success in this industry. Donna, I'll give it back to you. Donna Townsell: Thank you, Kevin. Well, Johnny, before we go to Q&A, do you have any additional comments? John Allison: Well, I think Stephen kind of hit that. Think about the quarter, we've got an AOCI mark of $65 million. We paid our new dividend, increased dividend, and we bought back 1.3 million shares, and we still grew tangible book value slightly. We didn't lose or tangible book didn't go down. Banks sell on tangible book, and we still increased tangible book value per share. I'm very proud of that. And that -- what that says is that Home has amazing earnings power. That's what 2.11% ROA will do for you. I really just want to thank the entire team for continuing to deliver outstanding results nearly every year of our 26-year history. Home BancShares has built a consistent record of top-performing banks and the performance reflects the discipline and dedication of our employees across the company. This was another strong quarter for Home BancShares. We produced record earnings, meaningful capital to shareholders, maintained our balance sheet discipline, made encouraging progress on the large credit we've discussed. We remain focused on finishing the year out strong and delivering long-term value for our shareholders. Past that, I think that's enough for me, Donna. Donna Townsell: Okay. That sounds good. We will turn it over to Q&A. Operator: [Operator Instructions] Your first question is from the line of Steve Scouten from Piper Sandler. John Tipton: He was going to be in kind of a rural area today. He may not be making connection. Let's move on. If he comes back, we'll handle it, how about that. Let's move on. Operator: Your next question is from the line of Woody Lay from KBW. Wood Lay: I wanted to start on the net interest margin and higher rates would seem to be a benefit for you all. I was just curious with the hike in September, how you've seen the NIM progress from there and what incremental rate hikes could mean for the NIM going forward? John Tipton: Woody, this is Stephen. Yes. I guess first part of your question, the core NIM, excluding event income, averaged 4.5% for the quarter, it was 4.55% in September. Obviously, the rate hike came halfway through the month there. So I think there may be a little bit of incremental benefit for us. And then just based on our ALCO modeling, like I said in the comments, I mean, we show -- I think it's 5.6% increase to NII in up 100 basis point scenario. So that's kind of what the way we think about it today. I mean, we're certainly in a competitive environment on loans and deposits. But if we're able to -- if we're able to control that on the deposit side and get some lift out of these maturing loans over the next 12 months, I think there's a chance that it could potentially move a little higher from here. Wood Lay: Got it. That's helpful. And then I was curious on the growth front based on your opening comments, it seems like you're a little bit more optimistic on growth in the fourth quarter. And I was curious, is that a reflection of competition slowing down? Is pricing becoming more rational? I guess just curious on your thoughts on maybe what's driving that clear path to growth? John Allison: This is John. I'll tell you a little about that and give it to Kevin after that. We had some -- we had -- we lost about 400 -- about $500 -- $0.5 billion of loans due to some unusual circumstances that we have -- that hit the company over the past 18 months. They're gone now. Those unusual circumstances are gone. But -- we're back on the loan -- we're back on the loan wagon today. We've got lots of good stuff working. And I think you'll see -- you'll be pleased to see the loan growth out of Home BancShares. I'll let Kevin speak to that. He was referring to, and then we'll let Chris comment on it also. Kevin Hester: Yes. Woody, I don't know that it -- it may be saying that people are coming back to their senses with the 25 basis points that already occurred going up and the thought that there's probably 75 more coming that may have -- that may be playing into where we're at. We're not 100% sure of that at this point, but there's certainly -- there's certainly some good opportunities that we're looking at for this quarter, good sizable opportunities, and it's across the footprint. It's not all in one place. So that -- we may look back at 90 days and say that, yes, that's part of it. But I'm not 100% sure that's the case yet. John Allison: One more comment from me. We're seeing a lot of opportunities out there right now that really look good. I think you'll see come to fruition. Chris, do you want to comment on CCFG about what you're seeing? Christopher Poulton: Sure. Thanks. Well, it was a little slow new origination-wise for us in the third quarter. I mean, I think we closed towards the end of the quarter other than 2 loans heading to closing, we probably had 0 in the pipeline, no soft quotes, new term sheet. But I view that as a good thing. Ultimately, the market was in transition and the market has got to catch up with us sometimes a little bit on feeling sour about things. But really, since the start of this quarter, I think people are starting to accept that the way things are going to look going forward, rate-wise and such. And so we've seen a lot of pickup in the last couple of weeks, a lot of our existing clients, a lot of deals coming back our way that maybe went away for a little while, et cetera. But I think what we're hearing in general is it's pretty uncertain out there and in uncertain times, our certainty is a virtue. So I like what we're seeing, pipeline is filling back up. And hopefully, it will continue that way, but I feel good about things. It was a little bleak in the third quarter. Wood Lay: And then I guess, actually, just one quick follow-up. I mean it sounds like pricing and spreads are a little bit incrementally positive. Just any sense on structurally, I think last quarter, you called out you're seeing some irrational structure in the marketplace, which was causing you to pull back. Are you still seeing any of that over the past quarter? Kevin Hester: Yes, I don't think that's necessarily changed. I could believe that maybe pricing discipline is coming back a little bit more than I do structural discipline at this point. Operator: Your next question is from the line of John Arfstrom from RBC Capital Markets. Jon Arfstrom: Kevin, just one quick one on loan growth. You talked a little bit about late payoffs in the quarter. Can you help us kind of understand the size of that? Kevin Hester: It was -- I would say the latter part of the quarter was $300 million or $400 million. And it's -- other than one that Johnny was talking about, the majority of that was just projects, we do a lot of construction and projects reached the time where it's -- where they either sell or they move to permanent financing, and that's what we were seeing in the third quarter. There was a lot of projects that needed to move on because it was time. John Allison: One of those was -- one of them that had unusual circumstances was great credit, $170 million credit that we lost over unusual circumstances. They're not -- hopefully, that's not repeatable. Jon Arfstrom: Yes. Okay. I know we tease you guys on the loan growth projections, but it sounds pretty good from my point of view. John Allison: It's much better. It's much better. I'm telling you, we're looking at some good opportunities. Jon Arfstrom: Yes. Okay. Just 2 quick ones on credit. Chris, anything to note on the CCFG nonperformance? It sounds like that's going to be resolved. But anything on that? And then can you guys remind us the size of the Texas resolutions and what kind of a step down we could see in the Texas nonaccruals? John Allison: Chris, go ahead and take the first part, and I'll take the second. Christopher Poulton: Okay. Yes, the one loan that popped up is a -- it's a little less than $15 million a predevelopment loan to -- it was the previous customer, and they had developed and done fine on that. So we did a predevelopment loan for them a couple of years ago. It's an L.A. loan. It's entitled for residential, which L.A. needs. It was adjacent to the Eaton Fire area, so kind of Northeast L.A. So they had asked for some accommodation on that right after the fires. We gave them that, gave them a little extension for that, but we've kind of gotten to the end of that. And we really needed to -- we really need to exercise our right under loan agreement to try to get resolution there. So we started a foreclosure action at that maturity. Since that time, we've signed an LOI for the loan sale. We put that a little bit on hold right now. We are continuing to work that. But our borrower has been in contact with us throughout. They've approached us in the last -- again, in the last week or so with what they would need to do to reinstate that loan. And so we're going to give them kind of another 5 days or so here to come to us. We gave them a plan for reinstatements and the first stage of that over the next few days, and then there's about a 45-day period after that for them to fully do that. That's our preference. Our preference is to work with our borrowers when they can come to the table. So we're going to give them an opportunity. We're going to try to give them an opportunity to do that. Hopefully, that's the way that works. If it doesn't, we'll go forward with the LOI or we'll go forward with foreclosure and sell the property. But our hope right now is the borrower will be able to do what they've said they can do. John Allison: Okay. And on the large C&I credit. You got more questions on that one, John or you good with... Jon Arfstrom: No. Just the Texas... John Allison: Okay on the large C&I credit, it's a 2-piece sale. Sale #1 is the marine equipment floating stock that brought 92% of appraisal. That's the bid. It's been purchased by New York Stock Exchange company. The purchase agreement is signed. We're waiting on approval from the Coast Guard that the employees have transferred over and the equipment will transfer over and waiting on approval from the Coast Guard. That should bring in the $85 million range for us. The second part of that is the -- basically the fuel tanks. And there is a $17.5 million bid on those. We should net about $16.5 million out of that. So that brings us in $101 million, $102 million once that closes, the book balance, not the actual balance, but the book balance we have is $91 million. So you'll see about a $10 million recovery of the loan loss reserve or whatever when that closes. And the balance is -- has been default interest that we have not recognized $0.01 of. So it will be a -- between the personal guarantors Home BancShares is how we resolve whatever balance is out. But you should see recoveries there. Once we got a hold of the credit, we underwrote the credit, and I have to congratulate our people on an outstanding job to get 92% of their appraisals. So it -- I would have told you it'd be going by now, but sometime in the next couple of weeks, I would expect it to happen. We'll issue an 8-K when that happens. And we're buying a bottle -- Stephen's buying a bottle of a 25-year-old WhistlePig and Donna is having a tent party in our parking lot. So we're going to be drinking WhistlePig and have the tent party out front here at -- when we get a final resolution. I think it's close, close enough, it's about a little whiskey, John. Jon Arfstrom: I wish I could get an invitation, but... John Allison: Expenses might be up a little bit in Q4. Jon Arfstrom: Well, congratulations on that long time coming, but that will be a nice step down. Operator: Your next question comes from the line of Brett Rabatin from StoneX Group. Brett Rabatin: Johnny, I wanted to ask, I know you were looking at a potential few transactions and I kind of heard that a lot of folks are saying, well, the AOCI marks have risen so much that's kind of changed the math for the short term, and so maybe M&A is tougher right now. But just wanted to hear if any of those -- any of those 3 were looking like they might still be possible and just what you're seeing out there? And then I get a lot of feedback from people saying, "Hey, Johnny, if Johnny wants a really good bank that's going to add some good assets, he might need to bend his triple accretion laws just a little bit. So I was just hoping to get some color on those things. John Allison: Well, we haven't broken yet, right? One of these deals were just -- was about too much dilutive, 30 minutes or a cup of coffee dilutive. They've gone radio silent on me. I don't know what happened. I don't know what happened with that deal. I don't know. It was something that had a high level of interest to us, and it's just gone quiet. So I don't know where the banker is coming -- I assume the banker will be back to us at some point in time, but that one just went quiet. The one of them we pulled out on was 2 deals, one we pulled out on and the banker is going quiet on this other one. So it's something that I think would be good for them and good for us. I think it would be a nice transaction for Home to do. And we spend a lot of time modeling it and playing with it, and we're willing to bid up for it. So as it turned out, I called a banker yesterday and told them to call me, and I haven't heard anything from him. So it's kind of disappointing. I don't know if they use me as a stalking horse or what they did. But anyway, we'd like to have -- we'd like to put a transaction together, and we're ready to do that. So we'll be working on -- we're always working on it. There's a lot of them out there right now opportunities to do those transactions. And our currency still is holding up fairly well. We got knocked down a little bit here as all the banks got knocked down recently. But I think we'll be back and we'll be able to do trades here before long. A little disappointing. I don't -- that's a little disappointing that we didn't -- we hadn't brought that one closer to fruition. But if it doesn't work, it doesn't work, there's more out there. So we'll move on. I wish I told you we're going to -- one of them we did due diligence on and we got inside the loan book, we decided that wasn't for us. So it was a tough deal to do anyway. And once we got in the loan book, we came out of it. Brett Rabatin: Okay. And second question is what I'm gathering from the call is, it sounds like there's some budding optimism for loan growth and production. But I didn't quite get it. It sounds like you also think that maybe the payoff challenge that you've had in the past 2 quarters. Is that dwindling down? And then I was just also kind of curious as it relates to that, if Shore Premier was still seeing demand or how that business would go in with higher diesel prices and whatnot? Kevin Hester: Brett, this is Kevin. I'll take the payoff. There's still it could be close to last quarter as far as the payoff number goes. We'll see how that plays out. I mean you had some rollover into this quarter that we thought were going to happen last quarter. So that always happens when you're looking at folks that are selling the properties or going and getting permanent financing. It's hard to pinpoint exactly when that's going to happen. So -- but there's still a little bit of... Donna Townsell: However, from my aspect, I'm seeing better opportunities than I've seen in a while. So I think we can overcome those payoffs. And I'm not sure -- they have to come down substantially because we've taken so many so far this year. So hopefully, we won't continue to see the big bites in the payoff. Chris, you got anything big payoffs coming? Christopher Poulton: I wouldn't say we have elevated. I mean, we always have payoffs. If I don't get payoffs, I get nervous. John Allison: I said I'm ready for positive loan growth, what I'm ready for. Operator: Your next question comes from the line of Matt Olney from Stephens. Matt Olney: Just a few follow-ups here on the margin. Deposit competition, great to see deposit costs move lower in the third quarter, especially with some of your peers moving higher. Curious just about depositor behavior following the Fed hike a few weeks ago, kind of what you're seeing more recently? And if the Fed continues to hike, kind of what your expectations are on depositor behavior? John Tipton: Matt, this is Stephen. First part, competition is fierce in all of our markets, Texas, Arkansas, Alabama, Florida. You've got different competitors in a lot of those markets, but you're seeing -- I got a text earlier this week in one of our markets, somebody was advertising 4.5% on a 12-month CD. So you'll see some of that stuff advertised. We've taken the same approach that we always have and negotiating one-off and selling the strength and stability of the company, and we'll get our shots along the way there. On depositor behavior from an interest rate standpoint, I don't know if I -- maybe a little more aggressive on this last rate hike in terms of expectations of what we pass along. We model, I think, 40% beta on checking and savings accounts and 100 in CDs. That's what we're working with our group on trying to kind of achieve overall. Some of the improvement in deposit rates for the quarter was kind of some of the outflows that we had on the municipal side. Most of those are tied to T-bills and index. So that's some of our higher cost funding that drew down some in the quarter. Matt Olney: Okay. I appreciate that, Tipton. And then I guess another follow-up, Stephen, you mentioned the variable rate loans around $7 billion. I just want to make sure that's all-in number. Is that CCFG and the Community Bank? And just remind me within that $7 billion kind of the repricing timing as far as how quickly and how often those reprice? John Tipton: Sure. Yes. So that does include CCFG. That's what is set to -- or can adjust in Q3 or Q4. So the longer-term stuff, I'll call adjustable rate that we have out there, but what we consider variable inside of, call it, 6 months or less. And some of that's daily, some of it's monthly, some of it is quarterly. 3.5 -- about half of the $7 billion, $3.5 billion is tied to Wall Street Journal Prime and then $3.3 billion or so is tied to SOFR. And then we've got some other indices for the balance of it. Operator: Your next question is from the line of Michael Rose from Raymond James. Michael Rose: Just wanted to go back to Mountain Commerce. I think the conversion -- systems conversion is coming up here next month. Any changes to cost savings expectations or any of the deal-related math, Stephen? John Tipton: No. No. We're set for November 6 or the weekend of. We've already probably achieved a little of the cost savings along the way since 4/1, but come November 6 or the week after, we'll begin to see the realization of some of those from be it staffing or DP and other types of opportunities there. So no change and still estimate was, I think, a little over $5 million on an annualized basis is what we had targeted. Michael Rose: Perfect. I appreciate that. Maybe separately, Johnny, I think previously talked about repurchasing all the shares that you issued related to Mountain Commerce. Is that kind of still the plan? You definitely sounded a little bit more optimistic on buybacks, particularly given the selloff we generally had in bank stocks since the middle of August. John Allison: Yes, that's the plan. We're in about, what, 3.3 million so far, and we put about just short of 6 million. So I think in that... John Tipton: About 400,000 shares quarter-to-date so far. John Allison: Yes. Quarter-to-date, we bought 400,000. So that's 3.7 million. So we're still in there. And hopefully, we'll pick up 1 million or so this quarter. So we just keep on. Maybe we'll quite get it all done maybe by the end of the year, but maybe the first -- by the first half of next year, we'll have it all bought back. Do you think the shareholder yield is important, Michael? Michael Rose: Do I? Yes. I mean I think you guys have a lot of capital and deploying that capital through dividend, buybacks, and opportunistic M&A, I think, is what we all want to hear and see. You guys do what you've done historically. So keep it up. Maybe one last just one for me on -- just on the environment. Any areas in credit that are, kind of, piquing your interest at this point. We've heard some scuttle around some of the restaurant groups and maybe some leisure and hospitality. Just anything you're watching a little bit more closely here. John Allison: I don't -- we don't -- not really. We don't -- I don't see any -- if you're looking for a segment or a problem somewhere out there, I don't know if there's any widespread problems. Some of the Texas credits created that we've spent the last -- people fuss at us about growth. We've been busy cleaning up that Texas stuff for years. And all we got left maybe is a few hotels that give us a little problem. But overall, asset quality other than we don't have any problems. We have these asset quality meetings in Texas, it takes 2 hours and Florida takes 10 minutes and Arkansas takes 10 minutes, and you just don't have any problems in those markets. So anyway, we're continuing to work on those and -- but I don't see any segments anywhere. I don't -- we resolved this -- our big credit in Texas, which we think will resolve soon. And our nonperforming reserve nonperformer jumped over 300%. So I think you can expect that coming pretty quick. So asset quality overall is pretty good. Operator: Your next question is from the line of Dave Rochester from Cantor. David Rochester: Back on the deposit discussion. Given that the incremental aggressiveness you guys had mentioned on the deposit front, how are you guys thinking about a return to deposit growth in 4Q? Are you confident in that? And do you think you can fund the loan growth you're expecting with deposit growth next quarter? John Tipton: Dave, it's Stephen. That would certainly be the goal. We've talked about the competitive environment, some seasonality in the last quarter, we would expect to see some of the municipal balances return there. We're talking to loan committees constantly about opportunities to get deposits with loan opportunities that come across in order to help fund that. Separate and apart from that, I mean, we've got $4.9 billion in capacity with the Federal Home Loan Bank. We've got a good cash position today. We've got a securities portfolio that comes off about $30 million a month. So not concerned from a liquidity standpoint. I think historically, the approach has been to use some of those avenues and take our time and pick our spots as opposed to being out here and having to run CD ads to raise funding. So... David Rochester: I appreciate that. And then can you just give an update on where the spot price for deposits is at quarter end and where you guys are seeing new money post the hike? John Tipton: Yes. So total deposit cost end of it, the average 1.83% for the quarter, 1.81% for September. I see our CD and money market negotiations every day. Our folks are doing a good job. We may have to pay 4% here or there with the customer just because the bank down the street is running an ad at 4.20% for 7 or 8 months. But our folks do a good job in negotiating down into the low and mid-3s. I guess, mid-3 is kind of we think about opportunities today. David Rochester: Okay. And then just switching gears to the fee side of things. There was a little bit of volatility in trust fees this quarter. I was just wondering what the driver of that was? And how should we think about that line rebounding going into 4Q and next year? John Tipton: Yes. Some of it is seasonality in terms of when our annual trust fees are charged. Q3 is generally a little bit of a light quarter there for trust. And then mortgage and CCFG fee income were a little bit light this quarter as well. David Rochester: Do you feel pretty good about that bouncing back in next quarter? John Tipton: Yes. I mean I think if you look over the last 6 quarters, we've averaged about $50 million just shy in noninterest income, and I would expect to see us migrate back closer to that number. John Allison: The good news is we got customers that do real business, not just transaction. The bad news is that they're making a lot of money and they pay a lot of taxes. So we get hammered on the quarter. So -- but it comes, it's coming back. David Rochester: Good. All right. Maybe one last one on expenses. You have some good expense control this quarter you guys showed. Is this a good run rate to kind of finish out the year? And what are your thoughts on expense growth next year? John Allison: We haven't done our budget for next year yet. I guess that's coming pretty quick, isn't. Brian, you may be working on it now, right? Brian Davis: We're kind of waiting for Mountain Commerce to get converted. John Allison: Okay. Okay. So we don't have next year's if you got -- if I'm running, it will be less than it is this year, but -- Stephen is smiling now. John Tipton: Yes. I mean, you've got some inflationary pressure, but we've also -- we've had some things set up throughout the year where -- whether it's physical space leases that we've been able to kind of work space down, we'll begin to see some of that benefit in Q4. Some of the lower-performing segments that we have, we're taking a look at what opportunities may be there for cost savings. You've got the Mountain Commerce cost savings that we'll get some of in Q4. So some of that should offset just inflationary pressures this quarter and next year. David Rochester: Okay. So maybe a flattish kind of number that making this run rate this quarter good for next quarter? John Tipton: For Q4, that's probably fair. John Allison: [indiscernible]. Operator: Your next question comes from the line of Ed Najarian from Hovde Group. Edward Najarian: My questions have mostly been asked and answered. Just a real quick one. How do you think about the sort of the juxtaposition, again, about -- around deposit pricing? On the one hand, it's great to keep deposit pricing low, creates that wide NIM and great returns and love that you're giving back tons of capital to shareholders and keep buying back stock. But do you feel like you're going to have to raise deposit rates kind of along some reasonable deposit beta with the increase in the Fed funds rate? Or are you going to continue to try to really keep them restrained and not raise them much as we continue to get rate increases here? I guess the real question is, how should we think about deposit beta with you guys around Fed funds rate increases? John Allison: We're forced to raise rates, if we're forced, we will. And I don't know what we ended up -- I don't remember what our deposit beta was as rates went up to the 6s. Do you remember what our cost of funds got up to 2 something? A little over 2, 2.40 something in the higher rate environment? John Tipton: On total cost, yes. I mean we've already passed -- when the Fed hiked 25, what a month ago, we've got a product that is kind of loosely indexed to Fed funds that those customers have that expectation. We passed 25 onto them there. We've got some negotiated products that our folks know that they've got to deal with and pass whether it's 40% of that on or 100% of the rate increase on depending on a customer-by-customer basis. So we handle that 2 days after the Fed raised rates, and things will kind of settle in from there until the next rate hike. Operator: Your next question comes from the line of Brian Martin from Brean Capital. Brian Martin: Just maybe a couple of follow-ups on some items for me. Just on the credit front, outside of the Texas credit you talked about, any other expectations in terms of kind of notable progress on the other credits as you kind of go into the fourth quarter or into next year, just in general, big picture? Kevin Hester: Brian, this is Kevin. There's -- I mean there's always some movement. It's kind of like with this one, you hope it happens quicker than it did, but these things just take some time when they're -- when they're where they are. So that's by far the largest one we have, and we'll cut it in half. So when you get back to there, we were at a pretty low number when you take half of that out. We're at a pretty low number and it's just things that you have to kind of work through. So -- incremental progress, but nothing imminent. Brian Martin: Yes. I got you. Okay. That's helpful. And then just on -- with the improvement with the Texas credit, just I know the provision this quarter, obviously was 0 just in terms of how to think about kind of near-term provisioning or given the recoveries in the Texas cleanup, I guess, any sense as we go into fourth quarter and first quarter, how to think about that provisioning line? Kevin Hester: Yes. Steve and I are looking at each other. I think we both have the same answer, which based on what Johnny said earlier, I think we would expect not to have any provision this quarter. John Tipton: Brian, it's Stephen this side. We actually -- we've already got a -- we got a decent recovery in the first week of this month from a charge-off that we had in the first quarter of this year. So we're sitting in a recovery position nicely right now, assuming we get some of the recoveries we would expect, I think you'd see reserve coverage grow nicely and not need to provision anything. Brian Martin: Got you. Okay. And that could bleed into early next year based on kind of the trends we're seeing. It sounds like, I mean, at least lower or 0, whatever the level is, that's big picture how to think about the next couple of quarters. John Allison: That's fair. Brian Martin: Yes. Okay. And just the last couple, Stephen, I think your comments on the margin, just it sounds -- given the deposit cost outlook, and I don't know what the new loan yields are coming on today, but the margin is more relatively stable than rising given a couple of rate hikes. Is that how to think about it at this point? John Tipton: Yes, I think so. I mean, like I said, we exited the quarter at 4.55% on a nonevent income basis. And I think if we can run in that 4.5% range, maybe a little higher, we'd be certainly pleased. Brian Martin: Got you. Okay. And the new loan yields today are comparable to where they have been? John Tipton: Yes. We -- the $850 million in production this quarter was -- I think it's 6.95%. So at the -- for most of the quarter, a little above prime. So... Brian Martin: Got you. Okay. And the last couple. On the M&A side, Johnny, it sounds like certainly looking, but it doesn't feel like anything is imminent near term in terms of M&A, just kind of plod along here and look at the opportunities. John Allison: I think that's fair. I'm looking for one, I'm ready to do one. We're ready to do one. We're ready to -- if it makes sense, we're ready to do one. So we've got some opportunities out there. The ones -- I was kind of hanging on this one because I really wanted to do that trade. And I guess it just went away. The banker never called me back to tell me where it was. So I don't know if he lost his phone or what, something. But anyway, we are -- there's another one out there we'll go to work on. So see if we can put it together. Brian Martin: Okay. And then I think you mentioned, Johnny, the buybacks, I mean, obviously, getting back to Mountain Commerce, but it sounds like your commentary was more that it continues in the fourth quarter, suggesting it may not be as interesting, I guess, or likely to continue into next year. I guess, did I hear that wrong? Or just kind of wait and see... John Allison: You heard it wrong. We've been buying back stock for years, and we'll continue to buy stock. Either Steve or I will get out of the market and somehow take our stock down $1 and I say Stephen, he said, I'm already buying I'm already in there. I'm already in there this morning. I said, okay, just keep buying. But they want to take it down, just buy it. Brian Martin: All right. I'm just making sure you weren't leaning towards your wife and raising the dividend more. So I appreciate all the color. John Allison: Catch me while I go -- she is just thanking me for mentioning her on the call and letting everybody know that she's supporting. She wants another one tomorrow, but we're going to have to wait... Operator: There are no further questions at this time. We have reached the end of the Q&A session. I will now turn the call back to Mr. Allison for closing remarks. John Allison: Thank you. Hopefully, we keep rolling the way we're rolling, we'll hit the $500 million or y'all tell me sometime. It does -- it sounds better to say $0.5 billion. What does it take buddy? Unknown Executive: $0.5 billion. John Allison: We started as Michael couldn't spell billion. So now we're halfway there. Anyway, thank you all for your support. I think things have been -- we've really had a good strong year this year, and I think we're going to wrap the year up fairly strong, too. So thanks, everyone. Talk to you in 90 days. Operator: This concludes today's call. Thank you for attending. You may now disconnect. 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This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Home BancShares (HOMB) Q3 2026 Earnings Call Transcript was originally published by The Motley Fool

Home Bancshares delivered a third quarter marked by margin expansion and continued capital return, which was met with a positive market reaction. Management attributed the results to disciplined balance sheet management, reduced borrowing costs, and strategic avoidance of long-duration securities. Chairman John Allison highlighted, "Home's earnings power and balance sheet flexibility was shining brightly in the third quarter," pointing to increased profitability and shareholder payouts. Loan balances finished stronger than anticipated, supported by late-quarter retention and new lending opportunities, despite a competitive environment for deposits and loans. Is now the time to buy HOMB? Find out in our full research report (it's free). - Revenue: $290.5 million vs analyst estimates of $295.7 million (5.4% year-on-year growth, 1.8% miss) - Adjusted EPS: $0.65 vs analyst estimates of $0.64 (2.3% beat) - Market Capitalization: $5.75 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. - Wood Lay (KBW) asked how rate hikes would affect net interest margin. CEO John Tipton explained that the company's ALCO modeling indicates further margin upside in rising rate environments, provided deposit costs are managed. - Jon Arfstrom (RBC Capital Markets) pressed for details on late loan payoffs and expectations for future loan growth. President Kevin Hester noted that recent payoffs were mainly project-related and expressed optimism about new lending opportunities. - Brett Rabatin (StoneX Group) inquired about the outlook for M&A activity. Chairman John Allison stated that while some deals have stalled, the company remains active and ready to pursue attractive transactions if terms are right. - Matt Olney (Stephens) questioned depositor behavior after the recent Fed hike. Tipton responded that competition remains fierce but management continues to negotiate rates individually and expects some municipal balance return in the next quarter. - Michael Rose (Raymond James) asked about progress on the Mountain Commerce integration and future buybacks. Tipton confirmed integration is on track for completion, and Allison reiterated buybacks will continue into next year. Looking ahead, our analysts will be monitoring (1) the pace and sustainability of loan growth as competitive and payoff trends evolve, (2) the successful resolution and recovery of large nonperforming credits, and (3) the operational and cost benefits realized from the Mountain Commerce integration. Progress in deposit gathering and overall expense discipline will also be important markers of execution. Home Bancshares currently trades at $29.42, up from $28.29 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it's free for active Edge members). ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies. Our AI system flagged Palantir before it ran 1,662% between October 2022 and February 2026. AppLovin before it ran 753% between February 2024 and February 2026. Nvidia before it ran 1,178% between January 2023 and February 2026. Each week it produces 6 new names that pass the same tests. Get Our Top 6 Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+214% between June 2020 and June 2025). Find your next big winner with StockStory today.

Home BancShares entered this Q3 2026 report with a value label on the stock and a share price that had drifted over the past quarter. The latest report delivered record quarterly earnings of US$129.5m, or about US$0.65 per share, and the market responded with a 2.1% gain to US$28.87. The main point of tension is credit quality. Non performing loans are now US$200.8m, a clear focal point for any bank investor watching asset risk and provisioning. The question for you is whether that rising credit strain aligns with the recent price action or prompts an adjustment in expectations. If you like the earnings strength at Home BancShares but are concerned about rising non performing loans and asset risk, consider screening for banks with cleaner credit trends and solid fundamentals using the list of solid balance sheet and fundamentals stocks (25 results). - Total Revenue (Q3 2026 vs. Q3 2025): US$288.4m vs. US$272.1m (up about 6.0%) - Net Income, Excl. Extra Items (Q3 2026 vs. Q3 2025): US$129.5m vs. US$123.6m (up about 4.7%) - Basic EPS (Q3 2026 vs. Q3 2025): US$0.65 vs. US$0.63 (up about 3.0%) - Net Interest Margin (Q3 2026 vs. Q3 2025): 4.53% vs. 4.56% (slightly lower margin) Earnings tell you what Home BancShares did this quarter, but the cash coming in and out of the business is what many valuation focused investors really study. Based on those underlying cash flows alone, the stock could be a dramatic 41% undervalued. The upbeat story hinges on disciplined deal making, clean integration, and capital returns doing the heavy lifting for earnings quality. "The main factor that has to go right is that Home BancShares maintains its conservative underwriting, strong capital and reserve position, and disciplined loan and deposit pricing while continuing to execute earnings accretive bank deals like Mountain Commerce and associated share repurchases." Q3 results line up with that script. ROA of 2.11%, ROTCE near 16.5% and an efficiency ratio just above 40% all sit in the targeted range. CET1 of 16.7%, reserves at 1.93% of loans and a 4.53% net interest margin support the idea of tight pricing and conservative risk taking. Mountain Commerce is contributing loans and deposits, its conversion is on schedule for early November and cost saves of a bit over US$5m are reaffirmed. Share repurchases remained active with 1.3m shares bought this quarter and 3.3m year to date, matching the plan to offset issuance from the acquisition. Skeptics worry that choppy loan demand, deposit competition and acquisition dependence could blunt the Home BancShares story. "Loan growth remains difficult to predict, as shown by the swing from an expected US$600 million loan decline to US$26 million organic growth in one quarter and projected payoffs around US$1b per quarter. This volatility could leave earning assets flat or shrinking at times, which would weigh on interest income and make it harder to sustain current earnings levels." Q3 loan production of US$850m compared with roughly US$1.01b of payoffs underlines that volatility risk. Management describes a strong US$3.8b pipeline and is cautiously optimistic about Q4 growth, although recent history shows that payoffs can quickly absorb originations. Concerns about pricing pressure are only partly eased. The 4.53% margin and total deposit costs at 1.83% still look resilient while some peers pay 4% on deposits, yet legacy deposits declined by about US$358m as municipal and wholesale balances moved down. On acquisitions, there is evidence of discipline but also the inherent reliance on deal flow. Management walked away from at least one target after diligence, and another prospect went quiet, which supports underwriting conservatism but highlights that future non dilutive opportunities are not guaranteed on a fixed timetable. One Narrative disagrees with today's price. → See where this Narrative says Home BancShares should trade. Home BancShares just showed how a single quarter can reset expectations without fully settling the debate on risk. The real opportunity could be spotting companies the market has not fully repriced yet. - Company 1 - 37% below our estimate - builds local payment rails connecting major online platforms to emerging market digital wallets and payout channels. - Company 2 - 34% below our estimate - ramps new high horsepower engine capacity to supply power systems for long term data center projects. - Company 3 - 33% below our estimate - moves from small pilots into large scale lidar production as automotive customers shift into full deployment volumes. Those are three of them. See the full list of 33 companies trading below our fair value estimates → This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HOMB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

- Home BancShares reported Q3 2026 net interest income of US$241.99m and net income of US$129.45m, with earnings per share of US$0.65 on US$288.44m of revenue. - Net loans charged off in the quarter were US$2.15m compared with US$2.92m a year earlier. This helped support a 40.8% efficiency ratio and a 4.5% net interest margin that aligned closely with prior expectations. - We will now look at how Home BancShares' earnings beat and solid net interest margin shape the broader investment narrative for investors. Scan how Home BancShares stacks up against other resilient lenders by reviewing a curated 32 resilient stocks with low risk scores that is built around balance sheet strength and disciplined credit costs. For Home BancShares, the core belief is that disciplined credit, tight cost control and measured balance sheet growth can keep returns attractive even when revenue growth is moderate. The latest quarter fits that story. Net interest income of US$241.99m, a 4.5% net interest margin and an efficiency ratio of 40.8% all support that operating thesis. The near term swing factor remains how well Home BancShares defends its margin while funding loan growth against intense deposit competition. The biggest current risk is credit quality drift alongside rising non performing assets. Q3 net charge offs of US$2.15m, lower than a year earlier, suggest limited near term impact from this earnings release. The most relevant data point for that debate is the Q3 2026 earnings report itself. Revenue of US$288.44m was slightly below some expectations, yet earnings per share of US$0.65 came in ahead. That mix indicates the bank relied on efficiency and spread management rather than volume driven growth to support profitability. For you as a shareholder, the nine month numbers matter too. Net interest income of US$707.54m and net income of US$366.99m over that period frame how prepared Home BancShares may be as it heads toward the planned Mountain Commerce Bank integration in November 2026. Execution on that conversion, together with ongoing control of credit costs, will likely influence how the next stage of the story develops. Home BancShares' analyst model points to US$1.3b in revenue and US$537.3m in earnings by 2029, based on a projected 5.0% yearly revenue growth rate and an earnings increase of about US$57.9m from US$479.4m today. Uncover how Home BancShares' fair value indicates a 15% potential upside to its current price, which could narrow quickly as investors reprice the earnings path. Community fair values for Home BancShares from the Simply Wall St Community span roughly US$33.25 to US$48.53, based on just 2 independent views, so you are seeing a wide band from cautious to more optimistic forecasts. Set that against loan growth volatility and acquisition execution risk, and it becomes clear that opinions can differ sharply. Use these contrasting viewpoints as a prompt to explore several alternative angles before refining your own thesis. Explore another Home BancShares fair value estimate, including one that suggests it could be worth just $33.25. Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so consider developing your own view. - A great starting point for your Home BancShares research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision. - See our latest analysis for Home BancShares. The report includes a comprehensive fundamental analysis summarized in a single visual, the Snowflake, making it easy to evaluate Home BancShares' overall financial health at a glance. Once you have a view on Home BancShares, it can help to benchmark that outlook against other opportunities using the Simply Wall St Screener, so you can see how different types of businesses stack up on quality, value and resilience. - If capital preservation and smoother returns sit high on your list, start with a 32 resilient stocks with low risk scores that aims to highlight businesses with steadier risk profiles and fewer shock events. - If value is your focus, compare Home BancShares with a 32 high quality undervalued stocks built around stronger balance sheets and cash flows than the market price might imply. - If you prefer companies the market has not crowded into yet, scan a 20 high quality undiscovered gems that filters for quality fundamentals where attention from other investors still looks limited. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HOMB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. - Achieved record quarterly earnings of $129.1 million, driven by a disciplined refusal to build long-duration securities portfolios during low-rate environments. - Maintained a peer-leading efficiency ratio of 40.84% and a 2.11% ROA, demonstrating the company's ability to scale profitability without compromising operational standards. - Attributed net interest margin expansion to a balance sheet structured to benefit from rising rates, with core margin increasing to 4.50%. - Executed a strategic capital allocation strategy that returned value through a 9.5% dividend increase and the repurchase of 1.3 million shares in Q3. - Reported significant progress on a large Texas C&I nonperforming loan, with signed purchase agreements for 80% of the assets expected to result in a recovery over the current carrying balance. - Integrated the Mountain Commerce acquisition successfully, with back-office completion scheduled for Q4 to unlock further cost synergies. - Prioritized credit quality and pricing over volume, resulting in slightly softened loan production of $850 million as the bank avoided 'growth at any expense'. - Management is targeting a milestone of $0.5 billion in annual adjusted earnings, supported by current performance trajectories and the Mountain Commerce integration. - Expects net interest income to increase by approximately 6% in an 'up 100 basis point' scenario, reflecting positive asset sensitivity. - Anticipates a $10 million recovery of loan loss reserves in Q4 following the expected closure of the Texas C&I asset sales. - Projects a return to positive loan growth in Q4 as unusual payoff headwinds from the past 18 months subside and the pipeline for new originations strengthens. - Assumes approximately $1.2 billion in fixed-rate loans maturing over the next 12 months will reprice at significantly higher current market rates. - AOCI impact of $65 million during the quarter remained manageable due to the bank's historical avoidance of excessive duration risk in its securities portfolio. - Legacy deposit balances declined by $358 million, primarily due to seasonal municipal outflows and the strategic reduction of wholesale deposits from the MCB acquisition. - Identified one specific $15 million CCFG predevelopment loan in Los Angeles as the primary driver for a slight uptick in nonperforming loans, with resolution expected via reinstatement or foreclosure. - Noted that while M&A remains a priority, recent discussions with potential targets have slowed or ceased due to pricing disagreements or loan book quality concerns. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. - Management noted the core NIM exited September at 4.55%, suggesting incremental benefit from recent rate hikes. - Future expansion depends on the bank's ability to control deposit costs while capturing lift from $7 billion in variable rate loans and upcoming maturities. - Growth is expected to rebound as the bank moves past $1.01 billion in Q3 payoffs, which were largely driven by construction projects reaching permanent financing stages. - Management is seeing 'better opportunities' across the footprint as competitors potentially pull back or adjust pricing to more rational levels. - The bank models a 40% beta on checking/savings and 100% on CDs, though it focuses on one-off negotiations to keep total costs below advertised market rates. - Total deposit costs were 1.81% in September, with management aiming to maintain this discipline despite 'fierce' competition in Florida and Alabama. - The bank has repurchased 3.7 million shares year-to-date toward its goal of offsetting the nearly 6 million shares issued for the Mountain Commerce merger. - Chairman Allison confirmed the buyback will continue into 2027 if necessary, emphasizing that management views shareholder yield as a critical performance metric.

Home BancShares (HOMB) shares are trading against the backdrop of fresh third quarter earnings, with net interest income of US$241.99 million and net income of US$129.45 million shaping the latest snapshot for investors. At a share price of US$28.29, Home BancShares is trading after a mixed stretch in the market, with the share price return down 5.7% over 30 days and 7.8% over 90 days. However, the 1 year total shareholder return of 6.2% and 3 year total shareholder return of 45.8% point to momentum that has built up over a longer horizon as investors weigh recent earnings, loan charge off trends and the broader regional banking backdrop. Scan other regional lenders that show similar momentum and balance sheet resilience with our hand picked list of list of solid balance sheet and fundamentals (25 results) Recent price weakness against steady third quarter earnings puts Home BancShares at an interesting crossroads. Are you seeing a business being marked down, or a sentiment reset that still overstates the risks as the valuation is considered next? Against the last close at $28.29, the most followed valuation storyline for Home BancShares points to a fair value of $33.25 and leans on disciplined credit risk, acquisitions and capital return to justify that gap. The main factor that has to go right is that Home BancShares maintains its conservative underwriting, strong capital and reserve position, and disciplined loan and deposit pricing while continuing to execute earnings accretive bank deals like Mountain Commerce and associated share repurchases. See why 2 investors see Home BancShares as 15% undervalued. Result: Fair Value of $33.25 (UNDERVALUED) Still, this Home BancShares narrative can unravel if loan growth swings back into decline, or if acquisition heavy expansion and integrations fail to deliver the expected cost savings. Find out about the key risks to this Home BancShares narrative. The story shifts when you move from analyst fair value targets to simple earnings multiples. Home BancShares trades on a P/E of 11.8x versus an estimated fair ratio of 11.3x, a slight premium. That is also a touch richer than the US Banks industry at 11.4x, even though it sits below peer averages of 13.3x. For anyone weighing the stock today, that small premium may be viewed either as a margin of safety or as a pricing risk if sentiment cools. To see how that gap in P/E might close over time, take a look at the valuation breakdown in the See what the numbers say about this price — find out in our valuation breakdown. Mixed signals on valuation and sentiment only get you so far, and the real edge comes from doing the work yourself quickly while the narrative is still forming. To weigh both the concerns and the potential upside around Home BancShares using the latest data and risk checks, start with the 4 key rewards and 1 important warning sign. If Home BancShares has sharpened your focus on quality, you can use that momentum and cast a wider net with a few targeted stock ideas tailored to different styles. - Target potential upside in overlooked companies by scanning 20 high quality undiscovered gems that pair solid fundamentals with limited market attention. - Build a steadier portfolio core by reviewing 32 resilient stocks with low risk scores that score well on resilience and financial strength. - Hunt for value opportunities by checking 32 high quality undervalued stocks that combine robust cash flows with supportive balance sheets. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HOMB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

- Interested in Home BancShares, Inc.? Here are five stocks we like better. - Record profitability: Home BancShares reported third-quarter earnings of $129.1 million, or $0.65 per share, while core net interest margin rose to 4.50%. Management said adjusted nine-month earnings of $380 million keep the company on track toward its $500 million annual target. - Shareholder returns and integration: The bank raised its quarterly dividend 9.5% to $0.23 per share and repurchased 1.3 million shares for $39.3 million. Mountain Commerce's back-office conversion is scheduled for Nov. 6, with expected annualized cost savings slightly above $5 million. - Credit resolution could produce a recovery: Home BancShares expects to resolve a large Texas commercial-and-industrial nonaccrual credit in the fourth quarter, with estimated proceeds of $101 million to $102 million versus a $91 million carrying value. Management said the recovery could eliminate the need for a fourth-quarter provision and lift reserve coverage of nonperforming loans above 300%. Home BancShares (NYSE:HOMB) reported record third-quarter earnings of $129.1 million, or $0.65 per share, as the bank cited margin expansion, disciplined funding costs, continued share repurchases and progress on a large Texas commercial-and-industrial credit. Chairman John Allison said adjusted earnings for the first nine months of 2026 totaled $380 million, keeping the company on track toward its stated goal of $500 million in annual earnings. He said merger-related expenses from the Mountain Commerce transaction accounted for most of the difference between reported and adjusted results. → A Silent Winner: Texas Instruments Anchors the AI Supercycle "It's another strong quarter for Home Bancshares," Allison said, pointing to record profitability, a rising net interest margin, tangible book value growth and capital returns to shareholders. Stephen Tipton, chief executive officer of Centennial Bank, said Home BancShares generated a 2.11% return on assets and a 16.54% return on tangible common equity during the quarter. The company's tangible common equity ratio was 13.48%. → A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be? Reported net interest margin increased 2 basis points from the prior quarter to 4.53%. Core margin, excluding event income, rose 3 basis points sequentially to 4.50% and was 4 basis points higher than a year earlier. Tipton said the core margin reached 4.55% in September, following a rate increase that took place midway through the month. The company's loan yield, excluding event income, averaged 6.91% during the quarter and exited at 6.90%. Interest-bearing deposit costs averaged 2.37%, while total deposit costs were 1.83% for the quarter and 1.81% in September. → Delta's Guidance Cut Could Spell Trouble for the Airline Industry Management said the balance sheet remains positioned to benefit from additional increases in interest rates. The company has about $1.2 billion of fixed-rate loans maturing during the next 12 months, with a weighted average rate of 5.72%, in addition to approximately $7 billion of variable-rate loans. Asset-liability modeling indicates that a 100-basis-point increase in rates would raise net interest income by nearly 6%, Tipton said. Allison said the company's decision to avoid building a sizable long-duration securities portfolio has helped preserve flexibility as rates have risen. While accumulated other comprehensive income declined by $65 million during the quarter, he noted that tangible book value per share still rose $0.03 to $15.35 despite that mark, dividend payments and repurchases. Home BancShares paid its new quarterly dividend of $0.23 per share, a 9.5% increase from the prior quarter. The company also repurchased 1.3 million shares for about $39.3 million in the third quarter. Through the first nine months of the year, Home BancShares repurchased 3.3 million shares for approximately $94.4 million. Allison said the company intends to continue repurchases in the fourth quarter and expects to maintain its long-standing buyback program beyond that period. Management also reiterated its objective of eventually repurchasing the shares issued in connection with the Mountain Commerce acquisition. The company expects to complete the back-office integration of Mountain Commerce during the fourth quarter, with conversion scheduled for the weekend of Nov. 6. Tipton said the company's expected annualized cost savings from the deal remain slightly above $5 million, with additional savings expected to begin after conversion. Loan production moderated to $850 million in the third quarter as the company maintained its underwriting and pricing standards. Tennessee contributed nearly $70 million in production, according to Tipton. Loan payoffs totaled $1.01 billion, though management said the pipeline of unfunded commitments remained above $3.8 billion. Kevin Hester, president and chief lending officer, said the company sees sizable lending opportunities across its footprint and expects loan growth conditions to improve. However, he said underwriting discipline remains a priority, particularly as competitive pricing and loan structures persist in some markets. Legacy deposits declined by $358 million in the quarter, primarily because of lower municipal balances, September tax payments and a reduction in wholesale deposits acquired through Mountain Commerce. Noninterest-bearing deposits totaled $4.21 billion, representing more than 22% of total deposits. Management described deposit competition as intense across its markets but said it continues to negotiate deposits on an individual basis rather than broadly advertising high certificate-of-deposit rates. Tipton said the company models a 40% beta for checking and savings accounts and a 100% beta for CDs. Allison said Home BancShares expects to resolve its large Texas C&I nonaccrual credit during the fourth quarter. Roughly 80% of the borrower's assets are under a signed purchase agreement, while the remaining assets have a preliminary agreement subject to one contingency, he said. The first transaction, involving marine equipment and floating stock, is expected to produce proceeds in the $85 million range and remains subject to Coast Guard approval. A second transaction involving fuel tanks carries a $17.5 million bid, with expected net proceeds of about $16.5 million. Allison said the combined proceeds of roughly $101 million to $102 million would exceed the company's $91 million carrying value on the credit, potentially resulting in about a $10 million recovery. Management also discussed a CCFG nonperforming loan of less than $15 million tied to a pre-development residential property in the Los Angeles area. Chris Poulton, president of CCFG, said the company has initiated foreclosure proceedings but is giving the borrower an opportunity to reinstate the loan. If that does not occur, the company could proceed with a loan sale or sell the property through foreclosure. Hester said overall asset quality remains solid. Management said it does not expect a provision for credit losses in the fourth quarter if anticipated recoveries materialize, and Allison said resolution of the Texas credit would push reserve coverage of nonperforming loans above 300%. Home BancShares, Inc is a bank holding company headquartered in Conway, Arkansas. Through its principal banking subsidiary, Centennial Bank, the company provides a range of financial services to individuals, businesses and institutions. Centennial Bank offers deposit accounts, residential and commercial real estate lending, consumer loans, commercial and industrial financing, treasury management, online and mobile banking, and other traditional banking services. The bank serves customers through a network of financial centers and digital channels. Home BancShares was established in 1998 and has expanded through a combination of organic growth and acquisitions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Home BancShares Q3 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for October 2026.

CONWAY, Ark., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) ("Home" or the "Company"), parent company of Centennial Bank, released quarterly earnings today. Quarterly Highlights Metric | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 Net income | $129.5 million | $119.3 million | $118.2 million | $118.2 million | $123.6 million Net income, as adjusted (non-GAAP)(1) | $129.1 million | $128.1 million | $118.2 million | $117.9 million | $119.7 million Total revenue (net) | $288.4 million | $295.1 million | $266.7 million | $282.1 million | $277.7 million Income before income taxes | $166.9 million | $154.4 million | $152.2 million | $153.3 million | $159.3 million Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) | $166.9 million | $159.6 million | $152.7 million | $167.7 million | $162.8 million PPNR, as adjusted (non-GAAP)(1) | $166.6 million | $171.2 million | $152.7 million | $167.1 million | $157.7 million Pre-tax net income to total revenue (net) | 57.87% | 52.32% | 57.08% | 54.35% | 57.38% Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1) | 57.75% | 56.27% | 57.06% | 54.14% | 55.53% P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1) | 57.87% | 54.08% | 57.27% | 59.46% | 58.64% P5NR, as adjusted (non-GAAP)(1) | 57.75% | 58.03% | 57.25% | 59.25% | 56.80% ROA | 2.12% | 1.95% | 2.09% | 2.06% | 2.17% ROA, as adjusted (non-GAAP)(1) | 2.11% | 2.09% | 2.09% | 2.05% | 2.10% NIM | 4.53% | 4.51% | 4.51% | 4.61% | 4.56% Purchase accounting accretion | $2.9 million | $3.6 million | $1.1 million | $1.3 million | $1.3 million ROE | 11.24% | 10.55% | 11.09% | 11.04% | 11.91% ROE, as adjusted (non-GAAP)(1) | 11.20% | 11.32% | 11.08% | 11.01% | 11.54% ROTCE (non-GAAP)(1) | 16.59% | 15.67% | 16.56% | 16.65% | 18.28% ROTCE, as adjusted (non-GAAP)(1) | 16.54% | 16.82% | 16.55% | 16.60% | 17.70% Diluted earnings per share | $0.65 | $0.59 | $0.60 | $0.60 | $0.63 Diluted earnings per share, as adjusted (non-GAAP)(1) | $0.65 | $0.64 | $0.60 | $0.60 | $0.61 Non-performing assets to total assets | 1.02% | 0.93% | 0.97% | 0.55% | 0.56% Common equity tier 1 capital | 16.7% | 16.3% | 16.7% | 16.3% | 16.1% Leverage | 14.3% | 13.9% | 14.3% | 14.1% | 13.8% Tier 1 capital | 16.7% | 16.3% | 16.7% | 16.3% | 16.1% Total risk-based capital | 19.4% | 19.0% | 19.5% | 19.1% | 18.9% Allowance for credit losses to total loans | 1.93% | 1.92% | 1.90% | 1.90% | 1.87% Book value per share | $22.74 | $22.68 | $22.15 | $21.88 | $21.41 Tangible book value per share (non-GAAP)(1) | $15.35 | $15.32 | $14.87 | $14.60 | $14.13 Dividends per share | $0.23 | $0.21 | $0.21 | $0.21 | $0.20 Shareholder buyback yield(2) | 0.69% | 0.77% | 0.25% | 0.27% | 0.18% (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. (2) Calculation of this metric is included in the schedules accompanying this release. "In banking some play the growth game. At HOMB, we focus on stability. Strength is no accident, it's our culture, and for that I am proud. Our team delivered a very solid and safe third quarter," said John Allison, Chairman. Quarterly Financial Performance Trends Net income reached a Company-record $129.5 million for the third quarter of 2026, compared to $119.3 million for the second quarter of 2026 and $123.6 million for the third quarter of 2025. Net income, as adjusted (non-GAAP)(1), also reached a Company-record of $129.1 million, increasing 0.8% from $128.1 million in the prior quarter and 7.9% from $119.7 million in the third quarter of 2025. | | PPNR (non-GAAP)(1) totaled $166.9 million for the third quarter of 2026, compared to $159.6 million in the prior quarter and $162.8 million in the third quarter of 2025. PPNR, as adjusted (non-GAAP)(1) totaled $166.6 million, compared to $171.2 million in the prior quarter and $157.7 million in the third quarter of 2025, reflecting the continued strength and resilience of the Company's earnings performance. Dollar amounts presented below in thousands. | | | | Net interest income after credit loss expense totaled $242.0 million for the third quarter of 2026, compared to $236.4 million in the prior quarter and $222.7 million for the third quarter of 2025. The increase from both the linked quarter and prior-year period was driven by strong net interest income generation and a reduction in credit loss expense. | | Non-interest income totaled $46.4 million for the third quarter of 2026, compared to $53.5 million in the second quarter of 2026 and $51.5 million in the third quarter of 2025. Results for the quarter reflect the normal variability of fee-based revenue categories while continuing to contribute to the Company's overall earnings performance. | | Total revenue (net) totaled $288.4 million for the third quarter of 2026, compared to $295.1 million in the prior quarter and $277.7 million in the third quarter of 2025. While revenue declined modestly from the linked quarter, results remained strong and increased from the third quarter of 2025, reflecting continued strength in net interest income and the Company's banking operations. | | Non-interest expense totaled $121.5 million for the third quarter of 2026, compared to $135.5 million in the prior quarter and $114.8 million in the third quarter of 2025. The linked-quarter decrease was primarily driven by the absence of acquisition-related expenses incurred during the second quarter, while the increase from the prior-year quarter reflects the impact of franchise growth and continued investment in the Company's operations. Interest expense decreased from both the prior quarter and prior-year period, reflecting continued improvement in the Company's funding costs. | | | | The efficiency ratio was 40.78% for the third quarter of 2026, compared to 44.54% in the prior quarter and 40.21% in the third quarter of 2025. The efficiency ratio, as adjusted (non-GAAP)(1), was 40.84%, compared to 40.46% in the prior quarter and 40.95% in the third quarter of 2025. The improvement in the reported efficiency ratio from the linked quarter primarily reflects the absence of acquisition-related expenses recognized during the second quarter. On an adjusted basis, the efficiency ratio remained relatively stable compared to the prior quarter and improved modestly from the prior-year period, reflecting continued operating discipline. | | Return on average assets (ROA) was 2.12% for the third quarter of 2026, compared to 1.95% in the prior quarter and 2.17% in the third quarter of 2025. ROA, as adjusted (non-GAAP)(1), was 2.11%, compared to 2.09% in the prior quarter and 2.10% in the third quarter of 2025. The linked-quarter improvement in both reported and adjusted ROA reflects strong earnings performance and the absence of acquisition-related expenses recognized during the second quarter, while adjusted ROA improved from the prior-year quarter, demonstrating the Company's continued ability to generate strong returns on its asset base. | | The tables below present additional key financial metrics over the past five quarters, including net interest margin (NIM), yield on interest-earning assets, rate on interest-bearing liabilities, and net interest spread. These metrics are fundamental indicators of the Company's profitability and operational efficiency. | | | | Book value per share increased to $22.74 at September 30, 2026, compared to $22.68 at June 30, 2026 and $21.41 at September 30, 2025. Tangible book value per share (non-GAAP)(1) increased to $15.35 from $15.32 in the prior quarter and $14.13 in the prior-year period. The continued growth in both book value per share and tangible book value per share reflects the Company's strong earnings generation during the past year and disciplined capital management. | | | | Operating Highlights Net income for the three-month period ended September 30, 2026 was $129.5 million, or $0.65 diluted earnings per share, both of which were records for the Company. When adjusting for non-fundamental items, net income and diluted earnings per share on an as-adjusted basis (non-GAAP), were $129.1 million(1) and $0.65 per share(1), respectively, for the three months ended September 30, 2026. Our net interest margin was 4.53% and 4.51% for the three-month periods ended September 30, 2026 and June 30, 2026, respectively. The yield on loans was 6.95% and 7.00% for the three months ended September 30, 2026 and June 30, 2026, respectively, as average loans decreased from $17.08 billion to $17.06 billion. The rate on interest bearing deposits decreased to 2.37% for the three-month period ended September 30, 2026, from 2.39% for the three-month period ended June 30, 2026, and average interest-bearing deposits decreased from $14.69 billion to $14.43 billion. During the third quarter of 2026, there was $1.5 million of event interest income compared to $1.7 million of event interest income for the second quarter of 2026. Purchase accounting accretion on acquired loans was $2.9 million and $3.6 million for the three-month periods ended September 30, 2026 and June 30, 2026, respectively, and average purchase accounting loan discounts were $39.4 million and $42.0 million for the three-month periods ended September 30, 2026 and June 30, 2026, respectively. The decrease in accretion was dilutive to the net interest margin by one basis point. Net interest income on a fully taxable equivalent basis was $244.5 million for the three-month period ended September 30, 2026, compared to $244.3 million for the three-month period ended June 30, 2026. This increase in net interest income for the three-month period ended September 30, 2026, was the result of a $2.3 million decrease in interest expense, which was partially offset by a $2.1 million decrease in interest income. The $2.3 million decrease in interest expense was due to a $1.2 million decrease in interest expense on deposits and a $1.1 million decrease in interest expense on FHLB and other borrowed funds. The $2.1 million decrease in interest income was primarily the result of a $1.6 million decrease in income from interest-bearing balances due from banks and a $963,000 decrease in income from investments. The Company reported $46.4 million of non-interest income for the third quarter of 2026. The most important components of non-interest income were $12.0 million from other service charges and fees, $11.6 million from other income, $10.4 million from service charges on deposit accounts, $4.0 million from trust fees, $3.8 million in mortgage lending income, $2.6 million from dividends from FHLB, FRB, FNBB and other, $1.5 million from the increase in cash value of life insurance, $744,000 in income from the gain on sale of branches, equipment and other assets and $561,000 in insurance commissions, which were partially offset by $916,000 in expense from the fair value adjustment for marketable securities. Included within other income was $528,000 in bank-owned life insurance death benefit income, and included within the $744,000 in income from the gain on sale of branches, equipment and other assets was a $710,000 gain from the sale of a former branch location in Arkansas. Non-interest expense for the third quarter of 2026 was $121.5 million. The most important components of non-interest expense were $67.6 million of salaries and employee benefits expense, $28.9 million in other operating expense, $15.8 million in occupancy and equipment expenses, and $9.2 million in data processing expenses. For the third quarter of 2026, our efficiency ratio was 40.78%, and our efficiency ratio, as adjusted (non-GAAP), was 40.84%(1). Financial Condition Total loans receivable were $16.91 billion at September 30, 2026, compared to $17.13 billion at June 30, 2026. Total deposits were $18.76 billion at September 30, 2026, compared to $19.11 billion at June 30, 2026. Total assets were $24.15 billion at September 30, 2026, compared to $24.71 billion at June 30, 2026. During the third quarter of 2026, the Company had a $216.6 million decrease in loans. Our community banking footprint experienced $255.7 million in organic loan decline during the quarter ended September 30, 2026, while Centennial CFG experienced $39.1 million of organic loan growth in the third quarter, with $2.08 billion of loans outstanding at September 30, 2026. Non-performing loans to total loans were 1.19% and 1.08% at September 30, 2026 and June 30, 2026, respectively. Non-performing assets to total assets were 1.02% and 0.93% at September 30, 2026 and June 30, 2026, respectively. Net loans charged-off were $2.1 million and $5.8 million for the three months ended September 30, 2026 and June 30, 2026, respectively. The charge-off detail by region for the quarters ended September 30, 2026 and June 30, 2026 can be seen below. For the Three Months Ended September 30, 2026 (in thousands) | | Texas | | Arkansas | | Centennial CFG | | Shore Premier Finance | | Florida | | Tennessee | | Alabama | | Total Charge-offs | | $ | 848 | | | $ | 947 | | | $ | — | | $ | 679 | | | $ | 1,165 | | | $ | 18 | | $ | 12 | | | $ | 3,669 | Recoveries | | | (199 | ) | | | (228 | ) | | | — | | | (6 | ) | | | (1,085 | ) | | | — | | | (2 | ) | | | (1,520 | ) Net charge-offs (recoveries) | | $ | 649 | | | $ | 719 | | | $ | — | | $ | 673 | | | $ | 80 | | | $ | 18 | | $ | 10 | | | $ | 2,149 | For the Three Months Ended June 30, 2026 (in thousands) | | Texas | | Arkansas | | Centennial CFG | | Shore Premier Finance | | Florida | | Tennessee | | Alabama | | Total Charge-offs | | $ | 1,708 | | | $ | 2,605 | | | $ | — | | $ | 1,896 | | | $ | 286 | | | $ | 11 | | $ | 14 | | | $ | 6,520 | Recoveries | | | (249 | ) | | | (324 | ) | | | — | | | (5 | ) | | | (142 | ) | | | — | | | (2 | ) | | | (722 | ) Net charge-offs (recoveries) | | $ | 1,459 | | | $ | 2,281 | | | $ | — | | $ | 1,891 | | | $ | 144 | | | $ | 11 | | $ | 12 | | | $ | 5,798 | At September 30, 2026, non-performing loans were $200.8 million, and non-performing assets were $245.3 million. At June 30, 2026, non-performing loans were $185.3 million, and non-performing assets were $228.6 million. The table below shows the non-performing loans and non-performing assets by region as of September 30, 2026: (in thousands) | | Texas | | Arkansas | | Centennial CFG | | Shore Premier Finance | | Florida | | Tennessee | | Alabama | | Total Non-accrual loans | | $ | 126,160 | | $ | 18,322 | | $ | 14,844 | | $ | 9,789 | | $ | 22,581 | | $ | 4,049 | | $ | 44 | | $ | 195,789 Loans 90+ days past due | | | 2,129 | | | 1,079 | | | — | | | — | | | 1,810 | | | — | | | — | | | 5,018 Total non-performing loans | | | 128,289 | | | 19,401 | | | 14,844 | | | 9,789 | | | 24,391 | | | 4,049 | | | 44 | | | 200,807 | | | | | | | | | | | | | | | | Foreclosed assets held for sale | | | 16,379 | | | 2,478 | | | 22,812 | | | — | | | 315 | | | 1,382 | | | — | | | 43,366 Other non-performing assets | | | — | | | — | | | — | | | 1,140 | | | — | | | — | | | — | | | 1,140 Total other non-performing assets | | | 16,379 | | | 2,478 | | | 22,812 | | | 1,140 | | | 315 | | | 1,382 | | | — | | | 44,506 Total non-performing assets | | $ | 144,668 | | $ | 21,879 | | $ | 37,656 | | $ | 10,929 | | $ | 24,706 | | $ | 5,431 | | $ | 44 | | $ | 245,313 The table below shows the non-performing loans and non-performing assets by region as of June 30, 2026: (in thousands) | | Texas | | Arkansas | | Centennial CFG | | Shore Premier Finance | | Florida | | Tennessee | | Alabama | | Total Non-accrual loans | | $ | 123,170 | | $ | 19,529 | | $ | — | | $ | 11,886 | | $ | 24,235 | | $ | 4,335 | | $ | 44 | | $ | 183,199 Loans 90+ days past due | | | 690 | | | 238 | | | — | | | — | | | 282 | | | 916 | | | — | | | 2,126 Total non-performing loans | | | 123,860 | | | 19,767 | | | — | | | 11,886 | | | 24,517 | | | 5,251 | | | 44 | | | 185,325 | | | | | | | | | | | | | | | | Foreclosed assets held for sale | | | 15,647 | | | 2,028 | | | 22,812 | | | — | | | 260 | | | 1,392 | | | — | | | 42,139 Other non-performing assets | | | — | | | — | | | — | | | 1,140 | | | — | | | — | | | — | | | 1,140 Total other non-performing assets | | | 15,647 | | | 2,028 | | | 22,812 | | | 1,140 | | | 260 | | | 1,392 | | | — | | | 43,279 Total non-performing assets | | $ | 139,507 | | $ | 21,795 | | $ | 22,812 | | $ | 13,026 | | $ | 24,777 | | $ | 6,643 | | $ | 44 | | $ | 228,604 The Company's allowance for credit losses on loans was $326.2 million, or 1.93% of total loans, at September 30, 2026 compared to $328.4 million, or 1.92% of total loans, at June 30, 2026. As of September 30, 2026 and June 30, 2026, the Company's allowance for credit losses on loans was 162.45% and 177.19% of its total non-performing loans, respectively. Shareholders' equity was $4.53 billion at September 30, 2026, which decreased approximately $17.7 million from June 30, 2026. The net decrease in shareholders' equity is primarily associated with the $64.9 million decrease in accumulated other comprehensive income, the $39.6 million in stock repurchases for the quarter and the $46.0 million in dividends paid during the quarter, which were partially offset by the $129.5 million in net income for the quarter. Book value per common share was $22.74 at September 30, 2026, compared to $22.68 at June 30, 2026. Tangible book value per common share (non-GAAP) was $15.35(1) at September 30, 2026, compared to $15.32(1) at June 30, 2026. Book value per common share and tangible book value per common share, as of September 30, 2026, were both records for the Company. Stock Repurchases and Dividends During the three-month period ended September 30, 2026, the Company repurchased 1.3 million shares of common stock, which equated to a shareholder buyback yield of 0.69%(2). In comparison, during the three-month period ended June 30, 2026, the Company repurchased 1.5 million shares of common stock, which equated to a shareholder buyback yield of 0.77%(2). The Company defines shareholder buyback yield as the percentage of the Company's market capitalization spent on share repurchases. It reflects how much the Company is returning to the shareholders by reducing the number of outstanding shares, and it is calculated by dividing the Company's total share repurchase cost for the period by the Company's total market capitalization at the beginning of the period. In addition, during the quarter ended September 30, 2026, the Company paid a dividend of $0.23 per share. This cash dividend represented a $0.02, or 9.5%, increase over the $0.21 cash dividend paid during the second quarter of 2026 and a $0.03, or 15.0%, increase over the $0.20 cash dividend paid during the third quarter of 2025. Branches The Company currently has 75 branches in Arkansas, 78 branches in Florida, 59 branches in Texas, 8 branches in Tennessee, 5 branches in Alabama and one branch in New York City. Conference Call Management will conduct a conference call to review this information at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, October 15, 2026. We strongly encourage all participants to pre-register for the conference call webcast or the live call using one of the following links. First, participants can pre-register for the conference call webcast using the following link: https://events.q4inc.com/attendee/887189816. Participants who pre-register will be given a unique webcast link to gain immediate access to the conference call webcast. Second, participants can pre-register for the live call using the following link: https://events.q4inc.com/analyst/887189816?pwd=Khijd6H0. Participants who pre-register will be given the phone number and unique access codes to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be scheduled as an event in your Outlook calendar. Those without internet access or unable to pre-register may dial in and listen to the live call by calling 1-833-461-5787, Passcode: 887189816. A replay of the call will be available using the following link: https://events.q4inc.com/attendee/887189816. Internet access to the call will be available live or in recorded version on the Company's website at www.homebancshares.com. About Home BancShares Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, Tennessee, South Alabama and New York City. The Company's common stock is traded through the New York Stock Exchange under the symbol "HOMB." The Company was founded in 1998. Visit www.homebancshares.com or www.my100bank.com for more information. Non-GAAP Financial Measures This press release contains financial information determined by methods other than in accordance with generally accepted accounting principles (GAAP). The Company's management uses these non-GAAP financial measures--including net income (earnings), as adjusted; pre-tax, pre-provision, net income (PPNR); PPNR, as adjusted; pre-tax net income, as adjusted, to total revenue (net); pre-tax, pre-provision, profit percentage; pre-tax, pre-provision, profit percentage, as adjusted; diluted earnings per common share, as adjusted; return on average assets, as adjusted; return on average assets excluding intangible amortization; return on average assets, as adjusted, excluding intangible amortization; return on average common equity, as adjusted; return on average tangible common equity; return on average tangible common equity, as adjusted; return on average tangible common equity excluding intangible amortization; return on average tangible common equity, as adjusted, excluding intangible amortization; efficiency ratio, as adjusted; tangible book value per common share and tangible common equity to tangible assets--to provide meaningful supplemental information regarding our performance. These measures typically adjust GAAP performance measures to include the tax benefit associated with revenue items that are tax-exempt, as well as adjust income and equity available to common shareholders for certain significant items or transactions that management believes are not indicative of the Company's primary business operating results. Since the presentation of these GAAP performance measures and their impact differ between companies, management believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company's business. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the tables of this release. (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. (2) Calculation of this metric is included in the schedules accompanying this release. General This release contains forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future, including future financial results. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including any prospective financial information, are not fact and should not be relied upon as being guarantees or necessarily indicative of future events, performance or results. Readers are cautioned not to place undue reliance on any prospective financial information or other forward-looking statements contained in this news release. When we use words or phrases like "may," "will," "plan," "propose," "contemplate," "anticipate," "believe," "intend," "continue," "expect," "project," "predict," "estimate," "could," "should," "would," "bringing it closer to" and similar expressions, you should consider them as identifying forward-looking statements, although we may use other phrasing. Forward-looking statements of this type speak only as of the date of this news release and are based on various assumptions, estimates and judgments. By nature, forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following: economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment, including any future impacts from inflation or changes in tariffs or trade policies; the risk that the anticipated benefits from the completed acquisition of Mountain Commerce Bancorp, Inc. ("MCBI") may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Home and MCBI operate; the ability to promptly and effectively integrate the businesses of Home and MCBI; the ability to retain key employees, customers and business relationships following the acquisition; the reaction to the completed acquisition of the companies' customers, employees and counterparties; diversion of management time on integration-related issues; the possibility that the costs of integration may be greater than anticipated; the effect of any future mergers, acquisitions or other transactions to which we or our bank subsidiary may from time to time be a party, including as a result of one or more of the factors described above as they would relate to such transaction; the ability to identify, complete and successfully integrate additional acquisitions; the availability of and access to capital and liquidity on terms acceptable to us; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations; technological changes and cybersecurity risks and incidents; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; the impacts of political instability, ongoing or future military conflicts and other major domestic or international events; the impacts of recent or future adverse weather events, including hurricanes, and other natural disasters; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; potential increases in deposit insurance assessments, increased regulatory scrutiny or market disruptions resulting from financial challenges in the banking industry; disruptions, uncertainties and related effects on credit quality, liquidity and other aspects of our business and operations that may result from any future public health crises; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the "SEC"), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 27, 2026. Home undertakes no obligation to update the information in this press release, except as otherwise required by law. FOR MORE INFORMATION CONTACT: Donna Townsell Director of Investor Relations Home BancShares, Inc. (501) 328-4625 Home BancShares, Inc. Consolidated End of Period Balance Sheets (Unaudited) | | | | | | | | | | (In thousands) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 ASSETS | | | | | | | | | | Cash and due from banks | | $ | 281,515 | | | $ | 279,660 | | | $ | 296,209 | | | $ | 237,224 | | | $ | 284,750 | Interest-bearing deposits with other banks | | | 577,537 | | | | 772,859 | | | | 815,714 | | | | 430,113 | | | | 516,170 | Cash and cash equivalents | | | 859,052 | | | | 1,052,519 | | | | 1,111,923 | | | | 667,337 | | | | 800,920 | Federal funds sold | | | 4,025 | | | | 5,450 | | | | 6,025 | | | | 3,000 | | | | 3,625 | Investment securities - available-for-sale, net of allowance for credit losses | | | 2,613,377 | | | | 2,776,216 | | | | 2,803,847 | | | | 2,871,931 | | | | 2,924,496 | Investment securities - held-to-maturity, net of allowance for credit losses | | | 1,250,246 | | | | 1,254,802 | | | | 1,256,635 | | | | 1,259,262 | | | | 1,264,200 | Total investment securities | | | 3,863,623 | | | | 4,031,018 | | | | 4,060,482 | | | | 4,131,193 | | | | 4,188,696 | Loans receivable | | | 16,910,621 | | | | 17,127,208 | | | | 15,633,628 | | | | 15,686,209 | | | | 15,285,972 | Allowance for credit losses | | | (326,220 | ) | | | (328,369 | ) | | | (297,634 | ) | | | (297,583 | ) | | | (285,649 | ) Loans receivable, net | | | 16,584,401 | | | | 16,798,839 | | | | 15,335,994 | | | | 15,388,626 | | | | 15,000,323 | Bank premises and equipment, net | | | 439,729 | | | | 437,552 | | | | 374,010 | | | | 369,324 | | | | 374,515 | Foreclosed assets held for sale | | | 43,366 | | | | 42,139 | | | | 40,874 | | | | 39,831 | | | | 41,263 | Cash value of life insurance | | | 232,361 | | | | 233,515 | | | | 221,830 | | | | 220,469 | | | | 219,075 | Accrued interest receivable | | | 111,688 | | | | 108,384 | | | | 106,628 | | | | 108,939 | | | | 110,702 | Deferred tax asset, net | | | 170,002 | | | | 153,803 | | | | 143,987 | | | | 148,022 | | | | 155,963 | Goodwill | | | 1,410,211 | | | | 1,410,211 | | | | 1,398,253 | | | | 1,398,253 | | | | 1,398,253 | Core deposit intangible | | | 62,651 | | | | 65,541 | | | | 30,355 | | | | 32,293 | | | | 34,231 | Other assets | | | 364,555 | | | | 374,277 | | | | 371,318 | | | | 374,592 | | | | 380,236 | Total assets | | $ | 24,145,664 | | | $ | 24,713,248 | | | $ | 23,201,679 | | | $ | 22,881,879 | | | $ | 22,707,802 | | | | | | | | | | | LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | | Liabilities | | | | | | | | | | Deposits: | | | | | | | | | | Demand and non-interest-bearing | | $ | 4,209,426 | | | $ | 4,447,710 | | | $ | 3,994,217 | | | $ | 3,868,405 | | | $ | 3,880,101 | Savings and interest-bearing transaction accounts | | | 12,354,400 | | | | 12,423,361 | | | | 11,971,866 | | | | 11,792,828 | | | | 11,500,921 | Time deposits | | | 2,191,743 | | | | 2,242,034 | | | | 1,772,192 | | | | 1,818,724 | | | | 1,946,674 | Total deposits | | | 18,755,569 | | | | 19,113,105 | | | | 17,738,275 | | | | 17,479,957 | | | | 17,327,696 | Securities sold under agreements to repurchase | | | 161,181 | | | | 158,744 | | | | 157,409 | | | | 155,803 | | | | 145,998 | FHLB and other borrowed funds | | | 250,250 | | | | 450,250 | | | | 500,250 | | | | 500,250 | | | | 550,500 | Accrued interest payable and other liabilities | | | 169,129 | | | | 164,112 | | | | 176,727 | | | | 169,733 | | | | 189,551 | Subordinated debentures | | | 279,774 | | | | 279,602 | | | | 279,433 | | | | 279,265 | | | | 279,093 | Total liabilities | | | 19,615,903 | | | | 20,165,813 | | | | 18,852,094 | | | | 18,585,008 | | | | 18,492,838 | | | | | | | | | | | Shareholders' equity | | | | | | | | | | Common stock | | | 1,992 | | | | 2,005 | | | | 1,964 | | | | 1,964 | | | | 1,969 | Capital surplus | | | 2,265,268 | | | | 2,301,551 | | | | 2,191,243 | | | | 2,201,923 | | | | 2,214,211 | Retained earnings | | | 2,496,333 | | | | 2,412,859 | | | | 2,335,787 | | | | 2,258,871 | | | | 2,181,911 | Accumulated other comprehensive loss | | | (233,832 | ) | | | (168,980 | ) | | | (179,409 | ) | | | (165,887 | ) | | | (183,127 | ) Total shareholders' equity | | | 4,529,761 | | | | 4,547,435 | | | | 4,349,585 | | | | 4,296,871 | | | | 4,214,964 | Total liabilities and shareholders' equity | | $ | 24,145,664 | | | $ | 24,713,248 | | | $ | 23,201,679 | | | $ | 22,881,879 | | | $ | 22,707,802 | | | | | | | | | | | Home BancShares, Inc. Consolidated Statements of Income (Unaudited) | | | | | | | | | | | | | | | | Quarter Ended | | Nine Months Ended (In thousands) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | Sep. 30, 2026 | | Sep. 30, 2025 Interest income: | | | | | | | | | | | | | | Loans | | $ | 298,625 | | | $ | 298,066 | | $ | 273,473 | | | $ | 285,491 | | $ | 283,165 | | | $ | 870,164 | | | $ | 829,990 | Investment securities | | | | | | | | | | | | | | Taxable | | | 24,971 | | | | 25,787 | | | 24,728 | | | | 25,860 | | | 26,326 | | | | 75,486 | | | | 80,203 | Tax-exempt | | | 7,711 | | | | 7,811 | | | 7,829 | | | | 7,834 | | | 7,743 | | | | 23,351 | | | | 23,019 | Deposits - other banks | | | 3,546 | | | | 5,135 | | | 4,945 | | | | 4,405 | | | 6,242 | | | | 13,626 | | | | 21,813 | Federal funds sold | | | 43 | | | | 37 | | | 48 | | | | 41 | | | 56 | | | | 128 | | | | 164 | Total interest income | | | 334,896 | | | | 336,836 | | | 311,023 | | | | 323,631 | | | 323,532 | | | | 982,755 | | | | 955,189 | Interest expense: | | | | | | | | | | | | | | Interest on deposits | | | 86,280 | | | | 87,432 | | | 79,145 | | | | 83,739 | | | 87,962 | | | | 252,857 | | | | 263,237 | FHLB and other borrowed funds | | | 3,255 | | | | 4,346 | | | 4,692 | | | | 4,985 | | | 5,378 | | | | 12,293 | | | | 16,819 | Securities sold under agreements to repurchase | | | 1,009 | | | | 1,057 | | | 927 | | | | 962 | | | 1,019 | | | | 2,993 | | | | 3,105 | Subordinated debentures | | | 2,359 | | | | 2,358 | | | 2,355 | | | | 2,359 | | | 3,007 | | | | 7,072 | | | | 11,254 | Total interest expense | | | 92,903 | | | | 95,193 | | | 87,119 | | | | 92,045 | | | 97,366 | | | | 275,215 | | | | 294,415 | Net interest income | | | 241,993 | | | | 241,643 | | | 223,904 | | | | 231,586 | | | 226,166 | | | | 707,540 | | | | 660,774 | Provision for credit losses on loans | | | — | | | | 5,200 | | | 1,500 | | | | 14,400 | | | 6,700 | | | | 6,700 | | | | 9,700 | Recovery of credit losses on unfunded commitments | | | — | | | | — | | | (1,000 | ) | | | — | | | (1,000 | ) | | | (1,000 | ) | | | (1,000 | ) Recovery of credit losses on investment securities | | | — | | | | — | | | — | | | | — | | | (2,194 | ) | | | — | | | | (2,194 | ) Total credit loss expense | | | — | | | | 5,200 | | | 500 | | | | 14,400 | | | 3,506 | | | | 5,700 | | | | 6,506 | Net interest income after credit loss expense | | | 241,993 | | | | 236,443 | | | 223,404 | | | | 217,186 | | | 222,660 | | | | 701,840 | | | | 654,268 | Non-interest income: | | | | | | | | | | | | | | Service charges on deposit accounts | | | 10,403 | | | | 10,030 | | | 10,007 | | | | 10,480 | | | 10,486 | | | | 30,440 | | | | 29,688 | Other service charges and fees | | | 12,008 | | | | 12,973 | | | 9,810 | | | | 11,148 | | | 12,130 | | | | 34,791 | | | | 35,462 | Trust fees | | | 3,969 | | | | 6,109 | | | 5,482 | | | | 5,121 | | | 4,600 | | | | 15,560 | | | | 14,594 | Mortgage lending income | | | 3,783 | | | | 5,139 | | | 4,430 | | | | 4,680 | | | 4,691 | | | | 13,352 | | | | 13,070 | Insurance commissions | | | 561 | | | | 578 | | | 536 | | | | 460 | | | 574 | | | | 1,675 | | | | 1,698 | Increase in cash value of life insurance | | | 1,530 | | | | 1,553 | | | 1,368 | | | | 1,400 | | | 1,404 | | | | 4,451 | | | | 4,661 | Dividends from FHLB, FRB, FNBB & other | | | 2,640 | | | | 2,841 | | | 2,536 | | | | 2,678 | | | 2,658 | | | | 8,017 | | | | 8,033 | Gain on SBA loans | | | — | | | | — | | | 80 | | | | 308 | | | 46 | | | | 80 | | | | 334 | Gain (loss) on branches, equipment and other assets, net | | | 744 | | | | 3 | | | (7 | ) | | | 11 | | | (66 | ) | | | 740 | | | | 743 | Gain (loss) on OREO, net | | | 81 | | | | 332 | | | 707 | | | | 203 | | | (1 | ) | | | 1,120 | | | | (364 | ) Fair value adjustment for marketable securities | | | (916 | ) | | | 817 | | | (1,248 | ) | | | 1,173 | | | 1,020 | | | | (1,347 | ) | | | 1,224 | Other income | | | 11,643 | | | | 13,079 | | | 9,102 | | | | 12,838 | | | 13,963 | | | | 33,824 | | | | 38,867 | Total non-interest income | | | 46,446 | | | | 53,454 | | | 42,803 | | | | 50,500 | | | 51,505 | | | | 142,703 | | | | 148,010 | Non-interest expense: | | | | | | | | | | | | | | Salaries and employee benefits | | | 67,607 | | | | 68,742 | | | 63,236 | | | | 62,891 | | | 63,804 | | | | 199,585 | | | | 189,977 | Occupancy and equipment | | | 15,819 | | | | 15,787 | | | 14,867 | | | | 14,434 | | | 14,828 | | | | 46,473 | | | | 43,276 | Data processing expense | | | 9,187 | | | | 9,307 | | | 8,884 | | | | 8,653 | | | 8,871 | | | | 27,378 | | | | 25,793 | Merger and acquisition expenses | | | — | | | | 12,726 | | | 394 | | | | 580 | | | — | | | | 13,120 | | | | — | Other operating expenses | | | 28,919 | | | | 28,932 | | | 26,594 | | | | 27,805 | | | 27,335 | | | | 84,445 | | | | 84,760 | Total non-interest expense | | | 121,532 | | | | 135,494 | | | 113,975 | | | | 114,363 | | | 114,838 | | | | 371,001 | | | | 343,806 | Income before income taxes | | | 166,907 | | | | 154,403 | | | 152,232 | | | | 153,323 | | | 159,327 | | | | 473,542 | | | | 458,472 | Income tax expense | | | 37,456 | | | | 35,076 | | | 34,023 | | | | 35,098 | | | 35,723 | | | | 106,555 | | | | 101,256 | Net income | | $ | 129,451 | | | $ | 119,327 | | $ | 118,209 | | | $ | 118,225 | | $ | 123,604 | | | $ | 366,987 | | | $ | 357,216 | | | | | | | | | | | | | | | Home BancShares, Inc. Selected Financial Information (Unaudited) | | | | | | | | | | | | | | | | Quarter Ended | | Nine Months Ended (Dollars and shares in thousands, except per share data) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | Sep. 30, 2026 | | Sep. 30, 2025 PER SHARE DATA | | | | | | | | | | | | | | Diluted earnings per common share | | $ | 0.65 | | | $ | 0.59 | | | $ | 0.60 | | | $ | 0.60 | | | $ | 0.63 | | | $ | 1.84 | | | $ | 1.80 | Diluted earnings per common share, as adjusted (non-GAAP)(1) | | | 0.65 | | | | 0.64 | | | | 0.60 | | | | 0.60 | | | | 0.61 | | | | 1.88 | | | | 1.75 | Basic earnings per common share | | | 0.65 | | | | 0.59 | | | | 0.60 | | | | 0.60 | | | | 0.63 | | | | 1.84 | | | | 1.81 | Dividends per share - common | | | 0.23 | | | | 0.21 | | | | 0.21 | | | | 0.21 | | | | 0.20 | | | | 0.65 | | | | 0.595 | Shareholder buyback yield | | | 0.69 | % | | | 0.77 | % | | | 0.25 | % | | | 0.27 | % | | | 0.18 | % | | | 1.73 | % | | | 1.19 | % Book value per common share | | $ | 22.74 | | | $ | 22.68 | | | $ | 22.15 | | | $ | 21.88 | | | $ | 21.41 | | | $ | 22.74 | | | $ | 21.41 | Tangible book value per common share (non-GAAP)(1) | | | 15.35 | | | | 15.32 | | | | 14.87 | | | | 14.60 | | | | 14.13 | | | | 15.35 | | | | 14.13 | | | | | | | | | | | | | | | STOCK INFORMATION | | | | | | | | | | | | | | Average common shares outstanding | | | 199,868 | | | | 201,223 | | | | 196,528 | | | | 196,553 | | | | 197,078 | | | | 199,219 | | | | 197,750 | Average diluted shares outstanding | | | 200,051 | | | | 201,420 | | | | 196,733 | | | | 196,764 | | | | 197,288 | | | | 199,413 | | | | 197,952 | End of period common shares outstanding | | | 199,210 | | | | 200,460 | | | | 196,394 | | | | 196,357 | | | | 196,889 | | | | 199,210 | | | | 196,889 | | | | | | | | | | | | | | | ANNUALIZED PERFORMANCE METRICS | | | | | | | | | | | | | | Return on average assets (ROA) | | | 2.12 | % | | | 1.95 | % | | | 2.09 | % | | | 2.06 | % | | | 2.17 | % | | | 2.05 | % | | | 2.11 | % Return on average assets, as adjusted: (ROA, as adjusted) (non-GAAP)(1) | | | 2.11 | % | | | 2.09 | % | | | 2.09 | % | | | 2.05 | % | | | 2.10 | % | | | 2.10 | % | | | 2.04 | % Return on average assets excluding intangible amortization (non-GAAP)(1) | | | 2.30 | % | | | 2.12 | % | | | 2.25 | % | | | 2.22 | % | | | 2.34 | % | | | 2.22 | % | | | 2.28 | % Return on average assets, as adjusted, excluding intangible amortization (non-GAAP)(1) | | | 2.29 | % | | | 2.27 | % | | | 2.25 | % | | | 2.22 | % | | | 2.27 | % | | | 2.27 | % | | | 2.21 | % Return on average common equity (ROE) | | | 11.24 | % | | | 10.55 | % | | | 11.09 | % | | | 11.04 | % | | | 11.91 | % | | | 10.94 | % | | | 11.81 | % Return on average common equity, as adjusted: (ROE, as adjusted) (non-GAAP)(1) | | | 11.20 | % | | | 11.32 | % | | | 11.08 | % | | | 11.01 | % | | | 11.54 | % | | | 11.19 | % | | | 11.45 | % Return on average tangible common equity (ROTCE) (non-GAAP)(1) | | | 16.59 | % | | | 15.67 | % | | | 16.56 | % | | | 16.65 | % | | | 18.28 | % | | | 16.23 | % | | | 18.31 | % Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) (non-GAAP)(1) | | | 16.54 | % | | | 16.82 | % | | | 16.55 | % | | | 16.60 | % | | | 17.70 | % | | | 16.59 | % | | | 17.75 | % Return on average tangible common equity excluding intangible amortization (non-GAAP)(1) | | | 16.87 | % | | | 15.96 | % | | | 16.76 | % | | | 16.85 | % | | | 18.51 | % | | | 16.48 | % | | | 18.55 | % Return on average tangible common equity, as adjusted, excluding intangible amortization (non-GAAP)(1) | | | 16.82 | % | | | 17.11 | % | | | 16.76 | % | | | 16.80 | % | | | 17.93 | % | | | 16.85 | % | | | 17.98 | % | | | | | | | | | | | | | | (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. Home BancShares, Inc. Selected Financial Information (Unaudited) | | | | | | | | | | | | | | | | Quarter Ended | | Nine Months Ended (Dollars in thousands) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | Sep. 30, 2026 | | Sep. 30, 2025 Efficiency ratio | | | 40.78 | % | | | 44.54 | % | | | 41.59 | % | | | 39.54 | % | | | 40.21 | % | | | 42.34 | % | | | 41.35 | % Efficiency ratio, as adjusted (non-GAAP)(1) | | | 40.84 | % | | | 40.46 | % | | | 41.99 | % | | | 39.53 | % | | | 40.95 | % | | | 41.07 | % | | | 41.91 | % Net interest margin - FTE (NIM) | | | 4.53 | % | | | 4.51 | % | | | 4.51 | % | | | 4.61 | % | | | 4.56 | % | | | 4.52 | % | | | 4.48 | % Fully taxable equivalent adjustment | | $ | 2,516 | | | $ | 2,653 | | | $ | 2,661 | | | $ | 2,252 | | | $ | 2,916 | | | $ | 7,830 | | | $ | 7,976 | Total revenue (net) | | | 288,439 | | | | 295,097 | | | | 266,707 | | | | 282,086 | | | | 277,671 | | | | 850,243 | | | | 808,784 | Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) | | | 166,907 | | | | 159,603 | | | | 152,732 | | | | 167,723 | | | | 162,833 | | | | 479,242 | | | | 464,978 | PPNR, as adjusted (non-GAAP)(1) | | | 166,585 | | | | 171,238 | | | | 152,677 | | | | 167,130 | | | | 157,704 | | | | 490,500 | | | | 450,929 | Pre-tax net income to total revenue (net) | | | 57.87 | % | | | 52.32 | % | | | 57.08 | % | | | 54.35 | % | | | 57.38 | % | | | 55.69 | % | | | 56.69 | % Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1) | | | 57.75 | % | | | 56.27 | % | | | 57.06 | % | | | 54.14 | % | | | 55.53 | % | | | 57.02 | % | | | 54.95 | % P5NR(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1) | | | 57.87 | % | | | 54.08 | % | | | 57.27 | % | | | 59.46 | % | | | 58.64 | % | | | 56.37 | % | | | 57.49 | % P5NR, as adjusted (non-GAAP)(1) | | | 57.75 | % | | | 58.03 | % | | | 57.25 | % | | | 59.25 | % | | | 56.80 | % | | | 57.69 | % | | | 55.75 | % Total purchase accounting accretion | | $ | 2,875 | | | $ | 3,618 | | | $ | 1,061 | | | $ | 1,265 | | | $ | 1,272 | | | $ | 7,554 | | | $ | 3,883 | Average purchase accounting loan discounts | | | 39,395 | | | | 41,962 | | | | 12,507 | | | | 13,753 | | | | 15,009 | | | | 31,399 | | | | 16,257 | | | | | | | | | | | | | | | OTHER OPERATING EXPENSES | | | | | | | | | | | | | | Advertising | | $ | 2,179 | | | $ | 2,214 | | | $ | 2,227 | | | $ | 2,114 | | | $ | 2,149 | | | $ | 6,620 | | | $ | 6,131 | Amortization of intangibles | | | 2,890 | | | | 2,889 | | | | 1,938 | | | | 1,938 | | | | 2,024 | | | | 7,717 | | | | 6,096 | Electronic banking expense | | | 2,950 | | | | 3,223 | | | | 3,326 | | | | 3,288 | | | | 3,357 | | | | 9,499 | | | | 9,584 | Directors' fees | | | 402 | | | | 416 | | | | 518 | | | | 388 | | | | 405 | | | | 1,336 | | | | 1,288 | Due from bank service charges | | | 335 | | | | 344 | | | | 333 | | | | 324 | | | | 404 | | | | 1,012 | | | | 968 | FDIC and state assessment | | | 3,498 | | | | 3,045 | | | | 1,599 | | | | 2,970 | | | | 3,245 | | | | 8,142 | | | | 8,268 | Insurance | | | 1,073 | | | | 1,090 | | | | 1,074 | | | | 1,044 | | | | 1,110 | | | | 3,237 | | | | 3,158 | Legal and accounting | | | 1,235 | | | | 1,426 | | | | 914 | | | | 1,362 | | | | 1,061 | | | | 3,575 | | | | 7,062 | Other professional fees | | | 2,523 | | | | 2,247 | | | | 1,946 | | | | 2,168 | | | | 2,083 | | | | 6,716 | | | | 6,241 | Operating supplies | | | 877 | | | | 769 | | | | 748 | | | | 759 | | | | 773 | | | | 2,394 | | | | 2,195 | Postage | | | 580 | | | | 684 | | | | 543 | | | | 564 | | | | 538 | | | | 1,807 | | | | 1,529 | Telephone | | | 267 | | | | 324 | | | | 363 | | | | 382 | | | | 367 | | | | 954 | | | | 1,222 | Other expense | | | 10,110 | | | | 10,261 | | | | 11,065 | | | | 10,504 | | | | 9,819 | | | | 31,436 | | | | 31,018 | | | | | | | | | | | | | | | Total other operating expenses | | $ | 28,919 | | | $ | 28,932 | | | $ | 26,594 | | | $ | 27,805 | | | $ | 27,335 | | | $ | 84,445 | | | $ | 84,760 | | | | | | | | | | | | | | | (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. Home BancShares, Inc. | Selected Financial Information | (Unaudited) | | | | | | | | | | | | | (Dollars in thousands) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | BALANCE SHEET RATIOS | | | | | | | | | | | | Total loans to total deposits | | | 90.16 | % | | | 89.61 | % | | | 88.13 | % | | | 89.74 | % | | | 88.22 | % | | Common equity to assets | | | 18.76 | % | | | 18.40 | % | | | 18.75 | % | | | 18.78 | % | | | 18.56 | % | | Tangible common equity to tangible assets (non-GAAP)(1) | | | 13.48 | % | | | 13.22 | % | | | 13.42 | % | | | 13.36 | % | | | 13.08 | % | | | | | | | | | | | | | | LOANS RECEIVABLE | | | | | | | | | | | | Real estate | | | | | | | | | | | | Commercial real estate loans | | | | | | | | | | | | Non-farm/non-residential | | $ | 5,543,038 | | | $ | 5,921,829 | | | $ | 5,395,529 | | | $ | 5,290,112 | | | $ | 5,494,492 | | | Construction/land development | | | 2,851,115 | | | | 2,780,116 | | | | 2,613,604 | | | | 2,726,993 | | | | 2,709,197 | | | Agricultural | | | 326,929 | | | | 329,231 | | | | 321,046 | | | | 332,412 | | | | 331,301 | | | Residential real estate loans | | | | | | | | | | | | Residential 1-4 family | | | 2,486,120 | | | | 2,545,462 | | | | 2,100,374 | | | | 2,134,334 | | | | 2,142,375 | | | Multifamily residential | | | 1,281,202 | | | | 1,269,728 | | | | 1,232,639 | | | | 1,140,911 | | | | 716,595 | | | Total real estate | | | 12,488,404 | | | | 12,846,366 | | | | 11,663,192 | | | | 11,624,762 | | | | 11,393,960 | | | Consumer | | | 1,305,141 | | | | 1,278,008 | | | | 1,254,936 | | | | 1,253,746 | | | | 1,233,523 | | | Commercial and industrial | | | 2,330,327 | | | | 2,285,054 | | | | 2,172,267 | | | | 2,222,401 | | | | 2,100,268 | | | Agricultural | | | 372,834 | | | | 356,611 | | | | 329,563 | | | | 359,879 | | | | 346,167 | | | Other | | | 413,915 | | | | 361,169 | | | | 213,670 | | | | 225,421 | | | | 212,054 | | | Loans receivable | | $ | 16,910,621 | | | $ | 17,127,208 | | | $ | 15,633,628 | | | $ | 15,686,209 | | | $ | 15,285,972 | | | | | | | | | | | | | | | ALLOWANCE FOR CREDIT LOSSES | | | | | | | | | | | | Balance, beginning of period | | $ | 328,369 | | | $ | 297,634 | | | $ | 297,583 | | | $ | 285,649 | | | $ | 281,869 | | | Allowance for credit losses on acquired loans - MCBI | | | — | | | | 31,333 | | | | — | | | | — | | | | — | | | Loans charged off | | | 3,669 | | | | 6,520 | | | | 2,849 | | | | 3,063 | | | | 4,651 | | | Recoveries of loans previously charged off | | | 1,520 | | | | 722 | | | | 1,400 | | | | 597 | | | | 1,731 | | | Net loans charged off (recovered) | | | 2,149 | | | | 5,798 | | | | 1,449 | | | | 2,466 | | | | 2,920 | | | Provision for credit losses - loans | | | — | | | | 5,200 | | | | 1,500 | | | | 14,400 | | | | 6,700 | | | Balance, end of period | | $ | 326,220 | | | $ | 328,369 | | | $ | 297,634 | | | $ | 297,583 | | | $ | 285,649 | | | | | | | | | | | | | | | Net charge-offs (recoveries) to average total loans | | | 0.05 | % | | | 0.14 | % | | | 0.04 | % | | | 0.06 | % | | | 0.08 | % | | Allowance for credit losses to total loans | | | 1.93 | % | | | 1.92 | % | | | 1.90 | % | | | 1.90 | % | | | 1.87 | % | | | | | | | | | | | | | | NON-PERFORMING ASSETS | | | | | | | | | | | | Non-performing loans | | | | | | | | | | | | Non-accrual loans | | $ | 195,789 | | | $ | 183,199 | | | $ | 179,639 | | | $ | 78,002 | | | $ | 81,087 | | | Loans past due 90 days or more | | | 5,018 | | | | 2,126 | | | | 2,481 | | | | 6,980 | | | | 4,125 | | | Total non-performing loans | | | 200,807 | | | | 185,325 | | | | 182,120 | | | | 84,982 | | | | 85,212 | | | Other non-performing assets | | | | | | | | | | | | Foreclosed assets held for sale, net | | | 43,366 | | | | 42,139 | | | | 40,874 | | | | 39,831 | | | | 41,263 | | | Other non-performing assets | | | 1,140 | | | | 1,140 | | | | 1,140 | | | | — | | | | — | | | Total other non-performing assets | | | 44,506 | | | | 43,279 | | | | 42,014 | | | | 39,831 | | | | 41,263 | | | Total non-performing assets | | $ | 245,313 | | | $ | 228,604 | | | $ | 224,134 | | | $ | 124,813 | | | $ | 126,475 | | | | | | | | | | | | | | | Allowance for credit losses for loans to non-performing loans | | | 162.45 | % | | | 177.19 | % | | | 163.43 | % | | | 350.17 | % | | | 335.22 | % | | Non-performing loans to total loans | | | 1.19 | % | | | 1.08 | % | | | 1.16 | % | | | 0.54 | % | | | 0.56 | % | | Non-performing assets to total assets | | | 1.02 | % | | | 0.93 | % | | | 0.97 | % | | | 0.55 | % | | | 0.56 | % | | | | | | | | | | | | | | (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. Home BancShares, Inc. Consolidated Net Interest Margin (Unaudited) | | | | | | | | | | | | | | Three Months Ended | | September 30, 2026 | | June 30, 2026 (Dollars in thousands) | | Average Balance | | Income/ Expense | | Yield/ Rate | | Average Balance | | Income/ Expense | | Yield/ Rate ASSETS | | | | | | | | | | | | Earning assets | | | | | | | | | | | | Interest-bearing balances due from banks | | $ | 401,244 | | $ | 3,546 | | 3.51 | % | | $ | 555,186 | | $ | 5,135 | | 3.71 | % Federal funds sold | | | 4,743 | | | 43 | | 3.60 | % | | | 4,042 | | | 37 | | 3.67 | % Investment securities - taxable | | | 2,792,283 | | | 24,971 | | 3.55 | % | | | 2,936,008 | | | 25,787 | | 3.52 | % Investment securities - non-taxable - FTE | | | 1,174,643 | | | 10,113 | | 3.42 | % | | | 1,165,876 | | | 10,260 | | 3.53 | % Loans receivable - FTE | | | 17,055,603 | | | 298,739 | | 6.95 | % | | | 17,083,743 | | | 298,270 | | 7.00 | % Total interest-earning assets | | | 21,428,516 | | | 337,412 | | 6.25 | % | | | 21,744,855 | | | 339,489 | | 6.26 | % Non-earning assets | | | 2,791,365 | | | | | | | 2,780,403 | | | | Total assets | | $ | 24,219,881 | | | | | | $ | 24,525,258 | | | | | | | | | | | | | | | | LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | | | | Liabilities | | | | | | | | | | | | Interest-bearing liabilities | | | | | | | | | | | | Savings and interest-bearing transaction accounts | | $ | 12,209,970 | | $ | 68,052 | | 2.21 | % | | $ | 12,392,404 | | $ | 68,650 | | 2.22 | % Time deposits | | | 2,224,381 | | | 18,228 | | 3.25 | % | | | 2,301,685 | | | 18,782 | | 3.27 | % Total interest-bearing deposits | | | 14,434,351 | | | 86,280 | | 2.37 | % | | | 14,694,089 | | | 87,432 | | 2.39 | % Federal funds purchased | | | 11 | | | — | | — | % | | | 30 | | | — | | — | % Securities sold under agreement to repurchase | | | 151,203 | | | 1,009 | | 2.65 | % | | | 167,885 | | | 1,057 | | 2.53 | % FHLB and other borrowed funds | | | 351,588 | | | 3,255 | | 3.67 | % | | | 466,734 | | | 4,346 | | 3.73 | % Subordinated debentures | | | 279,689 | | | 2,359 | | 3.35 | % | | | 279,519 | | | 2,358 | | 3.38 | % Total interest-bearing liabilities | | | 15,216,842 | | | 92,903 | | 2.42 | % | | | 15,608,257 | | | 95,193 | | 2.45 | % Non-interest bearing liabilities | | | | | | | | | | | | Non-interest bearing deposits | | | 4,251,520 | | | | | | | 4,222,813 | | | | Other liabilities | | | 181,041 | | | | | | | 158,476 | | | | Total liabilities | | | 19,649,403 | | | | | | | 19,989,546 | | | | Shareholders' equity | | | 4,570,478 | | | | | | | 4,535,712 | | | | Total liabilities and shareholders' equity | | $ | 24,219,881 | | | | | | $ | 24,525,258 | | | | Net interest spread | | | | | | 3.83 | % | | | | | | 3.81 | % Net interest income and margin - FTE | | | | $ | 244,509 | | 4.53 | % | | | | $ | 244,296 | | 4.51 | % | | | | | | | | | | | | Home BancShares, Inc. Consolidated Net Interest Margin (Unaudited) | | | | | | | | | | | | | | Nine Months Ended | | September 30, 2026 | | September 30, 2025 (Dollars in thousands) | | Average Balance | | Income/ Expense | | Yield/ Rate | | Average Balance | | Income/ Expense | | Yield/ Rate ASSETS | | | | | | | | | | | | Earning assets | | | | | | | | | | | | Interest-bearing balances due from banks | | $ | 504,055 | | $ | 13,626 | | 3.61 | % | | $ | 664,308 | | $ | 21,813 | | 4.39 | % Federal funds sold | | | 4,687 | | | 128 | | 3.65 | % | | | 5,037 | | | 164 | | 4.35 | % Investment securities - taxable | | | 2,887,538 | | | 75,486 | | 3.50 | % | | | 3,104,254 | | | 80,203 | | 3.45 | % Investment securities - non-taxable - FTE | | | 1,172,057 | | | 30,658 | | 3.50 | % | | | 1,121,481 | | | 30,294 | | 3.61 | % Loans receivable - FTE | | | 16,611,685 | | | 870,687 | | 7.01 | % | | | 15,056,440 | | | 830,691 | | 7.38 | % Total interest-earning assets | | | 21,180,022 | | | 990,585 | | 6.25 | % | | | 19,951,520 | | | 963,165 | | 6.45 | % Non-earning assets | | | 2,732,719 | | | | | | | 2,710,647 | | | | Total assets | | $ | 23,912,741 | | | | | | $ | 22,662,167 | | | | | | | | | | | | | | | | LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | | | | | Liabilities | | | | | | | | | | | | Interest-bearing liabilities | | | | | | | | | | | | Savings and interest-bearing transaction accounts | | $ | 12,158,366 | | $ | 201,110 | | 2.21 | % | | $ | 11,450,902 | | $ | 211,120 | | 2.47 | % Time deposits | | | 2,108,760 | | | 51,747 | | 3.28 | % | | | 1,866,855 | | | 52,117 | | 3.73 | % Total interest-bearing deposits | | | 14,267,126 | | | 252,857 | | 2.37 | % | | | 13,317,757 | | | 263,237 | | 2.64 | % Federal funds purchased | | | 14 | | | — | | — | % | | | 19 | | | — | | — | % Securities sold under agreement to repurchase | | | 156,986 | | | 2,993 | | 2.55 | % | | | 148,462 | | | 3,105 | | 2.80 | % FHLB and other borrowed funds | | | 438,979 | | | 12,293 | | 3.74 | % | | | 572,538 | | | 16,819 | | 3.93 | % Subordinated debentures | | | 279,521 | | | 7,072 | | 3.38 | % | | | 405,285 | | | 11,254 | | 3.71 | % Total interest-bearing liabilities | | | 15,142,626 | | | 275,215 | | 2.43 | % | | | 14,444,061 | | | 294,415 | | 2.73 | % Non-interest bearing liabilities | | | | | | | | | | | | Non-interest bearing deposits | | | 4,111,722 | | | | | | | 3,973,135 | | | | Other liabilities | | | 172,277 | | | | | | | 201,228 | | | | Total liabilities | | | 19,426,625 | | | | | | | 18,618,424 | | | | Shareholders' equity | | | 4,486,116 | | | | | | | 4,043,743 | | | | Total liabilities and shareholders' equity | | $ | 23,912,741 | | | | | | $ | 22,662,167 | | | | Net interest spread | | | | | | 3.82 | % | | | | | | 3.72 | % Net interest income and margin - FTE | | | | $ | 715,370 | | 4.52 | % | | | | $ | 668,750 | | 4.48 | % | | | | | | | | | | | | Home BancShares, Inc. Non-GAAP Reconciliations (Unaudited) | | | | | | | | | | | | | | | | Quarter Ended | | Nine Months Ended (Dollars and shares in thousands, except per share data) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | Sep. 30, 2026 | | Sep. 30, 2025 NET INCOME (EARNINGS), AS ADJUSTED | | | | | | | | | | | | | | GAAP net income available to common shareholders (A) | $ | 129,451 | | | $ | 119,327 | | | $ | 118,209 | | | $ | 118,225 | | | $ | 123,604 | | | $ | 366,987 | | | $ | 357,216 | Pre-tax adjustments | | | | | | | | | | | | | | Merger and acquisition expense | | | — | | | | 12,726 | | | | 394 | | | | 580 | | | | — | | | | 13,120 | | | | — | Gain on retirement of subordinated debt | | | — | | | | — | | | | — | | | | — | | | | (1,882 | ) | | | — | | | | (1,882 | ) FDIC special assessment credit | | | — | | | | — | | | | (1,697 | ) | | | — | | | | — | | | | (1,697 | ) | | | (1,516 | ) BOLI death benefits | | | (528 | ) | | | (274 | ) | | | — | | | | — | | | | (187 | ) | | | (802 | ) | | | (1,430 | ) Gain on sale of premises and equipment | | | (710 | ) | | | — | | | | — | | | | — | | | | — | | | | (710 | ) | | | (983 | ) Fair value adjustment for marketable securities | | | 916 | | | | (817 | ) | | | 1,248 | | | | (1,173 | ) | | | (1,020 | ) | | | 1,347 | | | | (1,224 | ) Special income from equity investment | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | (7,389 | ) Legal fee reimbursement | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | (885 | ) Legal claims expense | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 3,300 | Recoveries on historic losses | | | — | | | | — | | | | — | | | | — | | | | (2,040 | ) | | | — | | | | (2,040 | ) Total pre-tax adjustments | | | (322 | ) | | | 11,635 | | | | (55 | ) | | | (593 | ) | | | (5,129 | ) | | | 11,258 | | | | (14,049 | ) Tax-effect of adjustments | | | 50 | | | | 2,901 | | | | (13 | ) | | | (231 | ) | | | (1,207 | ) | | | 2,938 | | | | (3,083 | ) Total adjustments after-tax (B) | | | (372 | ) | | | 8,734 | | | | (42 | ) | | | (362 | ) | | | (3,922 | ) | | | 8,320 | | | | (10,966 | ) Net income, as adjusted (C) | | $ | 129,079 | | | $ | 128,061 | | | $ | 118,167 | | | $ | 117,863 | | | $ | 119,682 | | | $ | 375,307 | | | $ | 346,250 | | | | | | | | | | | | | | | Average diluted shares outstanding (D) | | | 200,051 | | | | 201,420 | | | | 196,733 | | | | 196,764 | | | | 197,288 | | | | 199,413 | | | | 197,952 | | | | | | | | | | | | | | | GAAP diluted earnings per share: (A/D) | | $ | 0.65 | | | $ | 0.59 | | | $ | 0.60 | | | $ | 0.60 | | | $ | 0.63 | | | $ | 1.84 | | | $ | 1.80 | Adjustments after-tax: (B/D) | | | 0.00 | | | | 0.05 | | | | 0.00 | | | | 0.00 | | | | (0.02 | ) | | | 0.04 | | | | (0.05 | ) Diluted earnings per common share, as adjusted: (C/D) | | $ | 0.65 | | | $ | 0.64 | | | $ | 0.60 | | | $ | 0.60 | | | $ | 0.61 | | | $ | 1.88 | | | $ | 1.75 | | | | | | | | | | | | | | | ANNUALIZED RETURN ON AVERAGE ASSETS | | | | | | | | | | | | | | Return on average assets: (A/E) | | | 2.12 | % | | | 1.95 | % | | | 2.09 | % | | | 2.06 | % | | | 2.17 | % | | | 2.05 | % | | | 2.11 | % Return on average assets, as adjusted: (ROA, as adjusted) ((A+D)/E) | | | 2.11 | % | | | 2.09 | % | | | 2.09 | % | | | 2.05 | % | | | 2.10 | % | | | 2.10 | % | | | 2.04 | % Return on average assets excluding intangible amortization: ((A+C)/(E-F)) | | | 2.30 | % | | | 2.12 | % | | | 2.25 | % | | | 2.22 | % | | | 2.34 | % | | | 2.22 | % | | | 2.28 | % Return on average assets, as adjusted, excluding intangible amortization: ((A+C+D)/(E-F)) | | | 2.29 | % | | | 2.27 | % | | | 2.25 | % | | | 2.22 | % | | | 2.27 | % | | | 2.27 | % | | | 2.21 | % | | | | | | | | | | | | | | GAAP net income available to common shareholders (A) | $ | 129,451 | | | $ | 119,327 | | | $ | 118,209 | | | $ | 118,225 | | | $ | 123,604 | | | $ | 366,987 | | | $ | 357,216 | Amortization of intangibles (B) | | | 2,890 | | | | 2,889 | | | | 1,938 | | | | 1,938 | | | | 2,024 | | | | 7,717 | | | | 6,096 | Amortization of intangibles after-tax (C) | | | 2,186 | | | | 2,185 | | | | 1,466 | | | | 1,466 | | | | 1,529 | | | | 5,837 | | | | 4,607 | Adjustments after-tax (D) | | | (372 | ) | | | 8,734 | | | | (42 | ) | | | (362 | ) | | | (3,922 | ) | | | 8,320 | | | | (10,966 | ) Average assets (E) | | | 24,219,881 | | | | 24,525,258 | | | | 22,954,441 | | | | 22,786,852 | | | | 22,638,938 | | | | 23,912,741 | | | | 22,662,167 | Average goodwill & core deposit intangible (F) | | | 1,474,223 | | | | 1,481,989 | | | | 1,429,527 | | | | 1,431,479 | | | | 1,433,474 | | | | 1,462,077 | | | | 1,435,475 | Home BancShares, Inc. Non-GAAP Reconciliations (Unaudited) | | | | | | | | | | | | | | | | Quarter Ended | | Nine Months Ended (Dollars in thousands) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | Sep. 30, 2026 | | Sep. 30, 2025 ANNUALIZED RETURN ON AVERAGE COMMON EQUITY | | | | | | | | | | | | Return on average common equity: (A/D) | | | 11.24 | % | | | 10.55 | % | | | 11.09 | % | | | 11.04 | % | | | 11.91 | % | | | 10.94 | % | | | 11.81 | % Return on average common equity, as adjusted: (ROE, as adjusted) ((A+C)/D) | | | 11.20 | % | | | 11.32 | % | | | 11.08 | % | | | 11.01 | % | | | 11.54 | % | | | 11.19 | % | | | 11.45 | % Return on average tangible common equity: (ROTCE) (A/(D-E)) | | | 16.59 | % | | | 15.67 | % | | | 16.56 | % | | | 16.65 | % | | | 18.28 | % | | | 16.23 | % | | | 18.31 | % Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) ((A+C)/(D-E)) | | | 16.54 | % | | | 16.82 | % | | | 16.55 | % | | | 16.60 | % | | | 17.70 | % | | | 16.59 | % | | | 17.75 | % Return on average tangible common equity excluding intangible amortization: (B/(D-E)) | | | 16.87 | % | | | 15.96 | % | | | 16.76 | % | | | 16.85 | % | | | 18.51 | % | | | 16.48 | % | | | 18.55 | % Return on average tangible common equity, as adjusted, excluding intangible amortization: ((B+C)/(D-E)) | | | 16.82 | % | | | 17.11 | % | | | 16.76 | % | | | 16.80 | % | | | 17.93 | % | | | 16.85 | % | | | 17.98 | % | | | | | | | | | | | | | | GAAP net income available to common shareholders (A) | | $ | 129,451 | | | $ | 119,327 | | | $ | 118,209 | | | $ | 118,225 | | | $ | 123,604 | | | $ | 366,987 | | | $ | 357,216 | Earnings excluding intangible amortization (B) | | | 131,637 | | | | 121,512 | | | | 119,675 | | | | 119,691 | | | | 125,133 | | | | 372,824 | | | | 361,823 | Adjustments after-tax (C) | | | (372 | ) | | | 8,734 | | | | (42 | ) | | | (362 | ) | | | (3,922 | ) | | | 8,320 | | | | (10,966 | ) Average common equity (D) | | | 4,570,478 | | | | 4,535,712 | | | | 4,324,720 | | | | 4,248,856 | | | | 4,115,884 | | | | 4,486,116 | | | | 4,043,743 | Average goodwill & core deposits intangible (E) | | | 1,474,223 | | | | 1,481,989 | | | | 1,429,527 | | | | 1,431,479 | | | | 1,433,474 | | | | 1,462,077 | | | | 1,435,475 | | | | | | | | | | | | | | | EFFICIENCY RATIO & P5NR | | | | | | | | | | | | | | Efficiency ratio: ((D-G)/(B+C+E)) | | | 40.78 | % | | | 44.54 | % | | | 41.59 | % | | | 39.54 | % | | | 40.21 | % | | | 42.34 | % | | | 41.35 | % Efficiency ratio, as adjusted: ((D-G-I)/(B+C+E-H)) | | | 40.84 | % | | | 40.46 | % | | | 41.99 | % | | | 39.53 | % | | | 40.95 | % | | | 41.07 | % | | | 41.91 | % Pre-tax net income to total revenue (net) (A/(B+C)) | | | 57.87 | % | | | 52.32 | % | | | 57.08 | % | | | 54.35 | % | | | 57.38 | % | | | 55.69 | % | | | 56.69 | % Pre-tax net income, as adjusted, to total revenue (net) ((A+F)/(B+C)) | | | 57.75 | % | | | 56.27 | % | | | 57.06 | % | | | 54.14 | % | | | 55.53 | % | | | 57.02 | % | | | 54.95 | % Pre-tax, pre-provision, net income (PPNR) (B+C-D) | | $ | 166,907 | | | $ | 159,603 | | | $ | 152,732 | | | $ | 167,723 | | | $ | 162,833 | | | $ | 479,242 | | | $ | 464,978 | Pre-tax, pre-provision, net income, as adjusted (B+C-D+F) | | $ | 166,585 | | | $ | 171,238 | | | $ | 152,677 | | | $ | 167,130 | | | $ | 157,704 | | | $ | 490,500 | | | $ | 450,929 | P5NR(Pre-tax, pre-provision, profit percentage) PPNR to total revenue (net)) (B+C-D)/(B+C) | | | 57.87 | % | | | 54.08 | % | | | 57.27 | % | | | 59.46 | % | | | 58.64 | % | | | 56.37 | % | | | 57.49 | % P5NR, as adjusted (B+C-D+F)/(B+C) | | | 57.75 | % | | | 58.03 | % | | | 57.25 | % | | | 59.25 | % | | | 56.80 | % | | | 57.69 | % | | | 55.75 | % | | | | | | | | | | | | | | Pre-tax net income (A) | | $ | 166,907 | | | $ | 154,403 | | | $ | 152,232 | | | $ | 153,323 | | | $ | 159,327 | | | $ | 473,542 | | | $ | 458,472 | Net interest income (B) | | | 241,993 | | | | 241,643 | | | | 223,904 | | | | 231,586 | | | | 226,166 | | | | 707,540 | | | | 660,774 | Non-interest income (C) | | | 46,446 | | | | 53,454 | | | | 42,803 | | | | 50,500 | | | | 51,505 | | | | 142,703 | | | | 148,010 | Non-interest expense (D) | | | 121,532 | | | | 135,494 | | | | 113,975 | | | | 114,363 | | | | 114,838 | | | | 371,001 | | | | 343,806 | Fully taxable equivalent adjustment (E) | | | 2,516 | | | | 2,653 | | | | 2,661 | | | | 2,252 | | | | 2,916 | | | | 7,830 | | | | 7,976 | Total pre-tax adjustments (F) | | | (322 | ) | | | 11,635 | | | | (55 | ) | | | (593 | ) | | | (5,129 | ) | | | 11,258 | | | | (14,049 | ) Amortization of intangibles (G) | | | 2,890 | | | | 2,889 | | | | 1,938 | | | | 1,938 | | | | 2,024 | | | | 7,717 | | | | 6,096 | | | | | | | | | | | | | | | Adjustments: | | | | | | | | | | | | | | Non-interest income: | | | | | | | | | | | | | | Gain on retirement of subordinated debt | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,882 | | | $ | — | | | $ | 1,882 | Fair value adjustment for marketable securities | | | (916 | ) | | | 817 | | | | (1,248 | ) | | | 1,173 | | | | 1,020 | | | | (1,347 | ) | | | 1,224 | Gain (loss) on OREO | | | 81 | | | | 332 | | | | 707 | | | | 203 | | | | (1 | ) | | | 1,120 | | | | (364 | ) Gain (loss) on branches, equipment and other assets, net | | | 744 | | | | 3 | | | | (7 | ) | | | 11 | | | | (66 | ) | | | 740 | | | | 743 | Special income from equity investment | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 7,389 | BOLI death benefits | | | 528 | | | | 274 | | | | — | | | | — | | | | 187 | | | | 802 | | | | 1,430 | Legal fee reimbursement | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 885 | Recoveries on historic losses | | | — | | | | — | | | | — | | | | — | | | | 2,040 | | | | — | | | | 2,040 | Total non-interest income adjustments (H) | | $ | 437 | | | $ | 1,426 | | | $ | (548 | ) | | $ | 1,387 | | | $ | 5,062 | | | $ | 1,315 | | | $ | 15,229 | | | | | | | | | | | | | | | Non-interest expense: | | | | | | | | | | | | | | FDIC special assessment credit | | | — | | | | — | | | | (1,697 | ) | | | — | | | | — | | | | (1,697 | ) | | | (1,516 | ) Merger and acquisition expenses | | | — | | | | 12,726 | | | | 394 | | | | 580 | | | | — | | | | 13,120 | | | | — | Legal claims expense | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 3,300 | Total non-interest expense adjustments (I) | | $ | — | | | $ | 12,726 | | | $ | (1,303 | ) | | $ | 580 | | | $ | — | | | $ | 11,423 | | | $ | 1,784 | | | | | | | | | | | | | | | Home BancShares, Inc. Non-GAAP Reconciliations (Unaudited) | | | | | | | | | | | | | Quarter Ended | | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | TANGIBLE BOOK VALUE PER COMMON SHARE | | | | | | | | | | | Book value per common share: (A/B) | | $ | 22.74 | | | $ | 22.68 | | | $ | 22.15 | | | $ | 21.88 | | | $ | 21.41 | | Tangible book value per common share: ((A-C-D)/B) | | | 15.35 | | | | 15.32 | | | | 14.87 | | | | 14.60 | | | | 14.13 | | | | | | | | | | | | | Total shareholders' equity (A) | | $ | 4,529,761 | | | $ | 4,547,435 | | | $ | 4,349,585 | | | $ | 4,296,871 | | | $ | 4,214,964 | | End of period common shares outstanding (B) | | | 199,210 | | | | 200,460 | | | | 196,394 | | | | 196,357 | | | | 196,889 | | Goodwill (C) | | | 1,410,211 | | | | 1,410,211 | | | | 1,398,253 | | | | 1,398,253 | | | | 1,398,253 | | Core deposit and other intangibles (D) | | | 62,651 | | | | 65,541 | | | | 30,355 | | | | 32,293 | | | | 34,231 | | | | | | | | | | | | | TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS | | | | | | | | | | Equity to assets: (B/A) | | | 18.76 | % | | | 18.40 | % | | | 18.75 | % | | | 18.78 | % | | | 18.56 | % | Tangible common equity to tangible assets: ((B-C-D)/(A-C-D)) | | 13.48 | % | | | 13.22 | % | | | 13.42 | % | | | 13.36 | % | | | 13.08 | % | | | | | | | | | | | | Total assets (A) | | $ | 24,145,664 | | | $ | 24,713,248 | | | $ | 23,201,679 | | | $ | 22,881,879 | | | $ | 22,707,802 | | Total shareholders' equity (B) | | | 4,529,761 | | | | 4,547,435 | | | | 4,349,585 | | | | 4,296,871 | | | | 4,214,964 | | Goodwill (C) | | | 1,410,211 | | | | 1,410,211 | | | | 1,398,253 | | | | 1,398,253 | | | | 1,398,253 | | Core deposit and other intangibles (D) | | | 62,651 | | | | 65,541 | | | | 30,355 | | | | 32,293 | | | | 34,231 | | Home BancShares, Inc. Shareholder Buyback Yield (Unaudited) | | | | | | | | | | | | | | | | Quarter Ended | | Nine Months Ended (Dollars and shares in thousands) | | Sep. 30, 2026 | | Jun. 30, 2026 | | Mar. 31, 2026 | | Dec. 31, 2025 | | Sep. 30, 2025 | | Sep. 30, 2026 | | Sep. 30, 2025 SHAREHOLDER BUYBACK YIELD | | | | | | | | | | | | | | Shareholder buyback yield: (A/B) | | | 0.69 | % | | | 0.77 | % | | | 0.25 | % | | | 0.27 | % | | | 0.18 | % | | | 1.73 | % | | | 1.19 | % | | | | | | | | | | | | | | Shares repurchased | | | 1,300 | | | | 1,500 | | | | 508 | | | | 541 | | | | 350 | | | | 3,308 | | | | 2,350 | Average price per share | | $ | 30.20 | | | $ | 26.94 | | | $ | 27.32 | | | $ | 27.26 | | | $ | 28.34 | | | $ | 28.28 | | | $ | 28.33 | Principal cost | | | 39,262 | | | | 40,415 | | | | 13,877 | | | | 14,747 | | | | 9,918 | | | | 93,554 | | | | 66,575 | Excise tax | | | 376 | | | | 386 | | | | 1 | | | | 141 | | | | 93 | | | | 763 | | | | 669 | Total share repurchase cost (A) | | $ | 39,638 | | | $ | 40,801 | | | $ | 13,878 | | | $ | 14,888 | | | $ | 10,011 | | | $ | 94,317 | | | $ | 67,244 | | | | | | | | | | | | | | | Shares outstanding beginning of period | | | 200,460 | | | | 196,394 | | | | 196,357 | | | | 196,889 | | | | 197,239 | | | | 196,357 | | | | 198,882 | Price per share beginning of period | | $ | 28.55 | | | $ | 26.93 | | | $ | 27.78 | | | $ | 28.30 | | | $ | 28.46 | | | $ | 27.78 | | | $ | 28.30 | Market capitalization beginning of period (B) | | $ | 5,723,133 | | | $ | 5,288,890 | | | $ | 5,454,797 | | | $ | 5,571,959 | | | $ | 5,613,422 | | | $ | 5,454,797 | | | $ | 5,628,361 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/aed3b4e1-eee4-42d9-a936-5b1fd6bc1877 https://www.globenewswire.com/NewsRoom/AttachmentNg/a601b72e-ffe3-4c9a-89f1-ab58936f9de3 https://www.globenewswire.com/NewsRoom/AttachmentNg/c979db15-15fb-4775-8ffe-1848eea53c1c https://www.globenewswire.com/NewsRoom/AttachmentNg/08d8523c-e8f4-4c1e-ac37-2b301b9c6771 https://www.globenewswire.com/NewsRoom/AttachmentNg/5b95afcc-60ea-4ebe-9c66-76cd1728bdd1 https://www.globenewswire.com/NewsRoom/AttachmentNg/25ad1a86-2c3a-4c91-b246-87b8958914cb https://www.globenewswire.com/NewsRoom/AttachmentNg/07e47764-5817-4f73-9faf-b7f3dbbebb7b https://www.globenewswire.com/NewsRoom/AttachmentNg/d92d7071-ba21-492e-b61e-f11a78c9f6db https://www.globenewswire.com/NewsRoom/AttachmentNg/d9664e5e-a1e4-4165-882d-db8c7f455873 https://www.globenewswire.com/NewsRoom/AttachmentNg/3adc083e-0405-4aac-92b1-603f001aa16d https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b8d372-8119-4f1f-b1b4-8658fe4ab3a4

For the quarter ended September 2026, Home BancShares (HOMB) reported revenue of $288.44 million, up 3.9% over the same period last year. EPS came in at $0.65, compared to $0.61 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $293 million, representing a surprise of -1.56%. The company delivered an EPS surprise of +1.56%, with the consensus EPS estimate being $0.64. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Home BancShares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: - Efficiency Ratio: 40.8% versus 41.7% estimated by four analysts on average. - Net Interest Margin (FTE): 4.5% compared to the 4.5% average estimate based on four analysts. - Average Balance - Total interest-earning assets: $21.43 billion compared to the $21.78 billion average estimate based on three analysts. - Net charge-offs (recoveries) to average total loans: 0.1% versus 0.1% estimated by three analysts on average. - Total non-performing assets: $245.31 million compared to the $134.79 million average estimate based on two analysts. - Total non-performing loans: $200.81 million versus the two-analyst average estimate of $90.55 million. - Total Non-Interest Income: $46.45 million compared to the $49.48 million average estimate based on four analysts. - Net Interest Income: $241.99 million versus the four-analyst average estimate of $242.8 million. - Net Interest Income (FTE): $244.51 million versus $245.38 million estimated by three analysts on average. - Mortgage lending income: $3.78 million compared to the $5.41 million average estimate based on two analysts. - Insurance commissions: $0.56 million compared to the $0.61 million average estimate based on two analysts. View all Key Company Metrics for Home BancShares here>>> Shares of Home BancShares have returned -6.1% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Home BancShares, Inc. (HOMB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research