HOMB

Looking back on regional banks stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Home Bancshares (NYSE:HOMB) and its peers. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 95 regional banks stocks we track reported a mixed Q2. As a group, revenues were in line with analysts’ consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded in Conway, Arkansas in 1998 and growing through strategic acquisitions across the Southeast, Home Bancshares (NYSE:HOMB) operates as the bank holding company for Centennial Bank, providing commercial and retail banking services to businesses and individuals across multiple states. Home Bancshares reported revenues of $296.3 million, up 10.9% year on year. This print exceeded analysts’ expectations by 2.1%. Despite the top-line beat, it was still a mixed quarter for the company with a beat of analysts’ EPS estimates but a slight miss of analysts’ net interest income estimates. “Home BancShares delivered another quarter of strong profitability and balance sheet expansion in the second quarter. Highlights include a record PPNR, as adjusted, of $171.2 million, a record total net revenue of $295.1 million, smart loan growth, increase to book value and maintaining a stable margin, while returning capital through meaningful share repurchases and adjusted EPS of $0.64,” said John Allison, Chairman. Interestingly, the stock is up 3.8% since reporting and currently trades at $30.41. Is now the time to buy Home Bancshares? Access our full analysis of the earnings results here, it’s free. Originally founded in 1964 as a federal savings and loan institution, OFG Bancorp (NYSE:OFG) provides banking and financial services including commercial and consumer lending, wealth management, insurance, and trust services primarily in Puerto Rico and the U.S. Virgin Islands. OFG Bancorp reported revenues of $190.3 million, up 4.4% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS and net interest income estimates. The market seems content with the results as the stock is up 3.2% since reporting. It currently trades at $51.62. Is now the time to buy OFG Bancorp? Access our full analysis of the earnings results here, it’s free. Originally established in 1941 and now operating with a tech-forward approach that includes its SmartStreet platform for homeowner associations, Banc of California (NYSE:BANC) is a California-based bank holding company that provides banking services to small and middle-market businesses, entrepreneurs, and individuals. Banc of California reported revenues of $285.7 million, up 4.7% year on year, falling short of analysts’ expectations by 3.1%. It was a disappointing quarter as it posted a significant miss of analysts’ tangible book value per share and net interest income estimates. As expected, the stock is down 10.4% since the results and currently trades at $18.98. Read our full analysis of Banc of California’s results here. Founded in 1904 during a time when the South was rebuilding its economy, Renasant (NYSE:RNST) is a regional bank holding company that offers banking, wealth management, insurance, and specialized lending services throughout the Southeast. Renasant reported revenues of $278.6 million, up 3.4% year on year. This result came in 0.7% below analysts’ expectations. It was a slower quarter as it also recorded a significant miss of analysts’ net interest income estimates and a narrow beat of analysts’ EPS estimates. The stock is down 4.2% since reporting and currently trades at $42.04. Read our full, actionable report on Renasant here, it’s free. Dating back to 1893 when it first opened its doors in Indiana, First Merchants (NASDAQ:FRME) is a Midwest regional bank providing commercial, consumer, and wealth management services through branches in Indiana, Ohio, Michigan, and Illinois. First Merchants reported revenues of $202.5 million, up 18.7% year on year. This number met analysts’ expectations. More broadly, it was a softer quarter as it logged a significant miss of analysts’ net interest income estimates and a significant miss of analysts’ EPS estimates. The stock is down 3.9% since reporting and currently trades at $42.04. Read our full, actionable report on First Merchants here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

In the second quarter ended June 30, 2026, Home BancShares, Inc. reported net interest income of US$241.64 million, net income of US$119.33 million, and net charge-offs of US$5.80 million, while also repurchasing 1,500,000 shares for US$40.76 million. On an adjusted basis, the quarter was a record for Home BancShares, with the Mountain Commerce Bank acquisition contributing earlier than expected through added loans, deposits, and earnings, alongside continued capital returns via a long-running buyback program. Building on this strong adjusted quarter and the earlier-than-expected boost from the Mountain Commerce Bank deal, we’ll assess how these developments reshape Home BancShares’ investment narrative. Invest in the nuclear renaissance through our list of 90 elite nuclear energy infrastructure plays powering the global AI revolution. To own Home BancShares, you need to be comfortable with a regional bank that leans on acquisitive growth while managing concentrated loan exposures in select Sun Belt niches. The latest quarter’s record adjusted earnings and early contribution from Mountain Commerce Bank support that acquisition-led story, while the jump in net charge-offs highlights that credit quality, not this single report, remains the key near term risk to watch. The most relevant update here is the Q2 2026 earnings release, which paired higher net interest income of US$241.64 million and adjusted record results with US$5.80 million in net charge offs. That mix of stronger core revenue and higher credit losses, alongside continued buybacks of 1,500,000 shares for US$40.76 million, feeds directly into how investors weigh the acquisition-driven catalyst against the risk of rising credit costs and concentrated loan books. Yet behind the record quarter, investors should be aware of how quickly higher net charge offs could start to... Read the full narrative on Home BancShares (it's free!) Home BancShares' narrative projects $1.3 billion revenue and $536.1 million earnings by 2029. Uncover how Home BancShares' forecasts yield a $31.14 fair value, in line with its current price. Two fair value estimates from the Simply Wall St Community span roughly US$31 to almost US$50 per share, showing how far apart individual views can be. Against that wide range, the recent rise in net charge offs and reliance on acquisitive growth give you important context for how the company’s performance could differ from some of those expectations. Explore 2 other fair value estimates on Home BancShares - why the stock might be worth as much as 63% more than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Home BancShares research is our analysis highlighting 4 key rewards that could impact your investment decision. Our free Home BancShares research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Home BancShares' overall financial health at a glance. The market won't wait. These fast-moving stocks are hot now. Grab the list before they run: Outshine the giants: these 16 early-stage AI stocks could fund your retirement. Capitalize on the AI infrastructure supercycle with our selection of the 53 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. The future of work is here. Discover the 32 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. 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]

This article first appeared on GuruFocus. Net Income: Record net income as adjusted of $128 million. Revenue: $295 million, up 10.6% from the prior quarter. Loan Growth: $26 million, a $626 million swing from a forecasted negative $600 million. Merger-Related Expenses: Approximately $12.7 million. Adjusted Pre-Tax Pre-Provision Net Revenue: Company record of $171 million. Efficiency Ratio: Adjusted efficiency ratio of 40.46%. Return on Assets (ROA): Adjusted ROA of 2.09%. Net Interest Margin: Stable at 4.51%. Share Repurchase: 1.5 million shares repurchased, totaling $40.4 million. Tangible Book Value Per Share: Increased by $0.45 to $15.32. Common Equity Tier 1 Capital: 16.4%. Total Risk-Based Capital: 19%. Noninterest Income: Over $53 million, driven by higher loan recovery income and fee income. Deposit Balances: Ended the quarter at $19.1 billion. Loan Production: Over $1.4 billion, with nearly $1 billion from the community bank footprint. Warning! GuruFocus has detected 3 Warning Sign with HOMB. Is HOMB fairly valued? Test your thesis with our free DCF calculator. Release Date: July 16, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Home BancShares Inc (NYSE:HOMB) reported a record net income of $128 million, showcasing strong profitability. The merger with Mountain Commerce was successful and contributed positively earlier than expected. Loan growth exceeded expectations with a $626 million swing, moving from a forecasted negative to a positive $26 million. The company maintained a stable net interest margin of 4.51%, consistent with the previous quarter. Home BancShares Inc (NYSE:HOMB) repurchased 1.5 million shares, demonstrating a commitment to shareholder value. The company incurred approximately $12.7 million in merger-related expenses, impacting overall earnings. There is uncertainty in forecasting future loan growth due to unpredictable customer behavior. Legacy deposit balances declined by $179 million in Q2 due to tax payments and seasonal outflows. The competitive environment is leading to tighter loan pricing, which could pressure margins. Nonperforming loans and assets remain a concern, although there has been some improvement. Q: What is your outlook on loan growth given the current market conditions? A: John Allison, Executive Chairman, mentioned that the Florida market is quite explosive with billions of dollars worth of opportunities expected to come their way. Despite the unpredictability, he remains optimistic about maintaining loan balances. Kevin Hester, Chief Lending Officer, added that while payoffs are high, they managed to outrun them this quarter and will continue to try to do so. Q: How do you see the net interest margin (NIM) evolving, especially with potential rate hikes? A: Stephen Tipton, CEO of Centennial Bank, stated that their Alpha Model shows a nearly 6% increase in a 100 basis point rate hike environment, indicating a net positive impact. They have been successful in negotiating deposit rates and expect to maintain the NIM around the current levels. Q: Can you provide more details on the Mountain Commerce Bank acquisition and its impact? A: John Allison noted that Mountain Commerce Bank contributed earlier and stronger than expected, with significant income improvements observed. The conversion in November is expected to save about $6 million annually, further enhancing their financial performance. Q: What are your thoughts on the competitive landscape for loans and pricing? A: John Allison expressed concerns about some competitors engaging in risky practices with structure and terms. He emphasized that Home BancShares will not compromise on quality and margin for loan growth, maintaining their disciplined approach to lending. Q: How do you view the potential for M&A activity given current market conditions? A: John Allison mentioned that while there are opportunities, they are cautious about engaging in dilutive transactions. They are interested in revisiting a potential deal that aligns with their strategic goals, emphasizing the importance of timing and stock valuation in M&A decisions. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Home BancShares (HOMB) is back in focus after its latest quarter combined higher net charge offs of $5,798,000 with steady earnings and fresh share repurchases, giving investors new data points to weigh. See our latest analysis for Home BancShares. That backdrop helps explain why Home BancShares' recent 1 month share price return of 9.61% and 3 month share price return of 14.13% have picked up, while the 5 year total shareholder return of 65.29% points to a longer record of value creation. This suggests that momentum has been building rather than fading. If you are weighing how this banking move fits into a broader portfolio, it could be a good moment to broaden your search and check out the 18 top founder-led companies After a strong run on steady earnings, higher net charge offs and ongoing buybacks, the real puzzle with Home BancShares now is simple: is most of the upside already in the price, or is there still clear value on the table? Home BancShares is priced at $30.69 against a widely followed fair value estimate of $31.14, so the current setup hinges on modest upside and disciplined execution. Read the complete narrative. Want to see what is baked into that fair value for Home BancShares? The narrative leans on steady revenue gains, firm margins, and a richer future earnings multiple. Curious which assumptions really carry the weight here? The full story lays out those moving parts in detail. Result: Fair Value of $31.14 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the Home BancShares narrative can be knocked off course if acquisition-driven growth runs into integration issues or if concentrated loan exposure pressures credit quality. Find out about the key risks to this Home BancShares narrative. The fair value narrative paints Home BancShares as 38.6% below an estimate of its future cash flow value of $50 per share, yet the earnings multiple picture looks tighter. HOMB trades on a P/E of 12.8x, slightly above its own fair ratio of 12.4x and the US Banks industry at 12.3x, which points to only a small margin for error at today’s price. If you lean more on earnings multiples than long term cash flow models, that gap can feel like a valuation safety net getting thinner rather than wider. The question then becomes which lens you trust more when deciding how much risk you are willing to take on HOMB. See what the numbers say about this price — find out in our valuation breakdown. The mix of modest undervaluation signals and identified upsides around Home BancShares raises a clear question about sentiment. Act promptly, review the data points that matter to you, and then weigh those potential upsides against your own risk tolerance with the 4 key rewards If the Home BancShares story has sharpened your thinking, do not stop here. Broaden your watchlist with focused stock ideas built from consistent, transparent criteria. Target reliable income streams by checking out the 8 dividend fortresses. Hunt for quality at a reasonable price through the 49 high quality undervalued stocks. Prioritise capital protection with companies highlighted in the 81 resilient stocks with low risk scores. 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. Home BancShares posted a record second quarter on an adjusted basis, with adjusted earnings of $128.1 million, or $0.64 per share, and revenue up 10.6% to $295 million. The company also reported a stable net interest margin of 4.51% and a record adjusted pre-tax, pre-provision net revenue of $171 million. The Mountain Commerce Bank acquisition is contributing earlier than expected, adding about $1.5 billion in loans and deposits and boosting revenue and earnings trends. Management said the deal is non-dilutive and expects roughly 20% cost savings, or about $5.5 million annually, mostly after the November conversion. Loan growth and credit quality were better than anticipated, with legacy loans rising by $26 million despite an internal forecast for a $600 million decline. Credit metrics improved, including lower non-performing loans and assets, while executives reiterated they will not loosen pricing or standards to chase growth. Home BancShares (NYSE:HOMB) executives said the company delivered a record second quarter on an adjusted basis, helped by the early contribution from its Mountain Commerce Bank acquisition, stable margins, strong fee income and better-than-expected loan trends. Donna Townsell, director of investor relations, said Home BancShares reported “another solid quarter,” generating record net income as adjusted of $128 million while expanding the balance sheet and maintaining profitability, loan growth, stable margins and improving book value. → 3 Space Stocks That Could Outshine SpaceX After Its IPO Chairman John Allison said the quarter produced several records, including adjusted earnings of $128.1 million, or $0.64 per share, excluding approximately $12.7 million of merger-related expenses. Revenue totaled $295 million, up 10.6% from $266.7 million in the prior quarter, while adjusted pre-tax, pre-provision net revenue reached a company record of $171 million. Allison also cited an adjusted efficiency ratio of 40.46%, an adjusted return on assets of 2.09% and a net interest margin of 4.51%, unchanged from the prior quarter. Allison said the company’s merger with Mountain Commerce Bank was contributing “a little earlier and a little stronger” than expected. He characterized the transaction as non-dilutive and said both Mountain Commerce and Home BancShares shareholders should benefit from the combination. → These 3 Water ETFs Could be Quiet Winners From Infrastructure Spending In response to an analyst question, Allison said he could see the effect of Mountain Commerce in the company’s daily income statements during the quarter. “I wasn't prepared for it that quick,” he said, adding that the impact was visible in revenue and earnings trends. Stephen Tipton, chief executive officer of Centennial Bank, said the inclusion of Mountain Commerce added about $1.5 billion in loans and deposits from Tennessee. He said the company modeled approximately 20% cost savings from the transaction, or about $5.5 million annually, with the bulk of those savings expected after a November conversion. → Why ASML’s AI Monopoly Is Still Getting Stronger Allison said one of the quarter’s biggest surprises was loan growth in the legacy footprint. The company had forecast a $600 million decline in loans but instead posted a $26 million increase, a $626 million swing from expectations. “As a result, we will no longer forecast next quarter's loan growth,” Allison said, noting that customers often move quickly on transactions and approach the bank when funding is needed. Later in the call, he said the company had approved about $350 million of loans in a recent loan committee meeting, largely tied to activity in South Florida. Kevin Hester, president and chief lending officer, said the company found a way to post marginal organic loan growth even though conditions appeared difficult 90 days earlier. He said anticipated payoffs remain high in the third quarter, and “we have work to do in order to post loan growth in this quarter.” Hester said competitors are offering lower loan rates, while expectations for the next Federal Reserve move appear to be higher rather than lower. He said Home BancShares will seek to maximize loan opportunities while protecting its net interest margin. Tipton said loan production rebounded to just over $1.4 billion in the second quarter, with nearly $1 billion coming from the community bank footprint. He said the overall loan yield, excluding event income, averaged 6.96% and exited the quarter at 6.99%. Tipton said the reported net interest margin was 4.51%, in line with the first quarter. The core margin, excluding event income, was 4.47%, consistent with the guidance provided on the prior quarter’s call. Interest-bearing deposit costs averaged 2.38% and exited the quarter at the same level, while total deposit costs were 1.85% in the quarter and exited at 1.84%. Legacy deposit balances declined by $179 million in the second quarter due to tax payments and seasonal outflows in April, Tipton said. However, deposits increased by $86 million in May and more than $200 million in June, ending the quarter at $19.1 billion. In response to questions about margin sustainability, Tipton said the company’s interest-rate model shows an almost 6% increase in an up-100-basis-point environment. He said a Fed move higher by a quarter or half point would likely be a net positive for the company. Tipton also said the company has about $1.25 billion in certificates of deposit maturing in the second half of the year at rates in the mid-3% range. Mountain Commerce has approximately $300 million in CDs maturing in the second half, which Tipton said could provide an opportunity to improve funding costs or allow some balances to roll off. Non-interest income exceeded $53 million in the quarter, which Tipton called a highlight. He attributed the increase to higher loan recovery income, fee income at CCFG and gains from SBIC investments, bringing fee income back to levels seen in the second through fourth quarters of 2025. Brian Davis, chief financial officer, said the increase in equity investment income was about $2.4 million. He also said purchase accounting accretion rose by $2.5 million, including $1.5 million related to Mountain Commerce and about $900,000 tied to early loan payoffs. Home BancShares repurchased 1.5 million shares during the quarter for $40.4 million, up from 500,000 shares in the first quarter. Tipton said the company had more than 15 million shares remaining under its current repurchase authorization and nearly $450 million in cash at the parent company as of June 30. Tangible book value per share increased by $0.45 to $15.32, an annualized increase of 12.1%. Tipton said capital levels remained strong, with common equity tier 1 capital ending at 16.4%, total risk-based capital at 19% and reserves to total loans at 1.92%. Hester said asset quality remained solid, with an eight-basis-point drop in non-performing loans and a four-basis-point drop in non-performing assets. Early-stage past dues remained under 50 basis points, and loan-loss reserve coverage of non-performing loans improved to 177%. Allison said there had been “significant movement” on a large non-performing loan discussed on the prior quarter’s call, and the company continues to expect no further loss. In a later exchange, he said the credit remains “a little less than $100 million.” Executives repeatedly emphasized that the company is not willing to sacrifice credit standards, structure or pricing to generate loan growth. Allison said Home BancShares has the capital and earnings power to grow, but will not pursue loans with terms it views as too aggressive. On mergers and acquisitions, Allison said the company remains interested in additional deals but continues to insist on non-dilutive transactions. He said a previous opportunity was not completed because the company’s stock price had been temporarily depressed, making the proposed trade unacceptable under Home BancShares’ standards. He added that the company may revisit that opportunity. “Our game is to continue to grow the company over a period of time through both organic growth and M&A,” Allison said in closing remarks. Home BancShares, Inc is a bank holding company based in Conway, Arkansas, operating through its primary subsidiary, Home Bank, National Association. Founded in March 1999, the company provides a comprehensive suite of banking services to individuals, small and middle-market businesses, and public entities. These services encompass deposit accounts, consumer and commercial lending, mortgage origination and servicing, treasury management, and wealth management solutions. The company's core products include checking and savings accounts, certificates of deposit, and money market accounts, as well as a variety of loan offerings such as commercial real estate financing, equipment loans, agricultural lending, and residential mortgages. 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 Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

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 adjusted net income of $128.1 million, driven by the early and stronger-than-anticipated contribution from the Mountain Commerce Bank (MCB) merger. Experienced a significant $626 million swing in loan growth expectations, moving from a forecasted $600 million decline to a $26 million increase due to opportunistic funding requests from loyal entrepreneurial customers. Maintained a stable net interest margin of 4.51% by prioritizing credit quality and pricing discipline over aggressive volume growth in a competitive environment. Successfully completed the legacy system conversion in June, with the MCB conversion scheduled for November to unlock approximately $5.5 million to $6 million in annual cost savings. Reported significant progress on a large nonperforming loan (just under $100 million), with management reiterating expectations of no further losses following intensive remediation efforts. Aggressively utilized capital for share repurchases, buying back 1.5 million shares to offset dilution from the MCB transaction, reaching nearly the halfway mark of that goal. Management has ceased providing specific quarterly loan growth forecasts due to the unpredictable timing of large customer transactions and payoffs. Anticipates continued robust opportunities in the South Florida market, citing a $350 million pipeline of recently approved loans including a major Miami construction project. Maintains an active M&A appetite but remains strictly disciplined on non-dilutive terms, having recently walked away from a deal when the company's stock price was temporarily depressed. Expects the core net interest margin to remain in the current range, assuming the ability to negotiate deposit renewals at lower rates despite 4%-plus market competition. Projected expense run rate is expected to stabilize around $120 million, with further reductions anticipated in 2027 following the full realization of MCB synergies. Incurred $12.7 million in merger-related expenses during the quarter associated with the Mountain Commerce Bank acquisition. Identified a high volume of anticipated loan payoffs for Q3, which may create headwinds for net loan growth despite a strong production pipeline. Noted 'ridiculous' competitive behavior in the market regarding loan structure and pricing, which management is intentionally avoiding to preserve long-term asset quality. Reported a $2.4 million increase in SBIC investment income and $2.5 million in purchase accounting accretion, which aided non-interest income and margin respectively. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management explained that while payoffs remain high (potentially $1 billion), the Florida market is 'explosive' with billions in potential long-term opportunities. The strategy remains to be patient and only accept transactions on the bank's terms, even if it leads to flat near-term balances. Management views $50 million as a sustainable quarterly run rate for non-interest income, noting that Q1 was an anomaly. Growth is being supported by wealth management and trust services hitting their stride, alongside periodic loan recovery income. John Allison confirmed they bid on a company recently but the bid was rejected because Home's stock was temporarily down, making the trade less attractive. He intends to revisit the target once the stock recovers, emphasizing a preference for 'good little banks' with similar profiles to Mountain Commerce. The bank's ALCO model shows a 6% increase in income in an 'up 100' basis point environment, confirming continued asset sensitivity. About half of maturing CDs are renewing at lower internal rates, while the other half are being negotiated around 3.5% to combat 4% market competition.

Home BancShares (HOMB) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.23%. A quarter ago, it was expected that this bank holding company would post earnings of $0.6 per share when it actually produced earnings of $0.6, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Home BancShares, which belongs to the Zacks Banks - Southeast industry, posted revenues of $295.1 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.60%. This compares to year-ago revenues of $271.03 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Home BancShares shares have added about 4.4% since the beginning of the year versus the S&P 500's gain of 10.2%. While Home BancShares has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Home BancShares was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.63 on $292.17 million in revenues for the coming quarter and $2.48 on $1.14 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Simmons First National (SFNC), has yet to report results for the quarter ended June 2026. The results are expected to be released on July 16. This bank holding company is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of +20.5%. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. Simmons First National's revenues are expected to be $252.05 million, up 17.7% from the year-ago quarter. 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 Simmons First National Corporation (SFNC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

CONWAY, Ark., July 15, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today. Quarterly Highlights (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. “Home BancShares delivered another quarter of strong profitability and balance sheet expansion in the second quarter. Highlights include a record PPNR, as adjusted, of $171.2 million, a record total net revenue of $295.1 million, smart loan growth, increase to book value and maintaining a stable margin, while returning capital through meaningful share repurchases and adjusted EPS of $0.64,” said John Allison, Chairman. “Our legacy franchise produced loan growth during the quarter, while Mountain Commerce contributed meaningful deposit growth almost immediately following the acquisition—demonstrating exactly why we pursued the transaction. Even after absorbing approximately $12.7 million of merger-related expenses, we generated record adjusted earnings of $128.1 million, maintained a strong net interest margin of 4.51%, and continued to grow tangible book value per share. We believe these results underscore both the strength of our existing markets and the value of disciplined acquisitions that enhance our franchise,” continued Allison. Operating Highlights Net income for the three-month period ended June 30, 2026 was $119.3 million, or $0.59 diluted earnings per share. When adjusting for non-fundamental items, net income and diluted earnings per share on an as-adjusted basis (non-GAAP), were $128.1 million(1) and $0.64 per share(1), respectively, for the three months ended June 30, 2026. Our net interest margin was 4.51% for both of the three-month periods ended June 30, 2026 and March 31, 2026. The yield on loans was 7.00% and 7.08% for the three months ended June 30, 2026 and March 31, 2026, respectively, as average loans increased from $15.68 billion to $17.08 billion. The rate on interest bearing deposits increased to 2.39% as of June 30, 2026, from 2.35% as of March 31, 2026, while average interest-bearing deposits increased from $13.66 billion to $14.69 billion. The increase in average loans and deposits was primarily due to the acquisition of Mountain Commerce Bancorp, Inc. (“MCBI” or“Mountain Commerce”) which was completed during the second quarter of 2026. During the second quarter of 2026, there was $1.7 million of event interest income compared to no event interest income for the first quarter of 2026. The increase in event income was accretive to the net interest margin by four basis points. Purchase accounting accretion on acquired loans was $3.6 million and $1.1 million for the three-month periods ended June 30, 2026 and March 31, 2026, respectively, and average purchase accounting loan discounts were $42.0 million and $12.5 million for the three-month periods ended June 30, 2026 and March 31, 2026, respectively. The increase in accretion income along with the increase in the purchase accounting loan discounts, both of which resulted from the acquisition of Mountain Commerce, increased the net interest margin by six basis points for the three-month period ended June 30, 2026. Net interest income on a fully taxable equivalent basis was $244.3 million for the three-month period ended June 30, 2026, compared to $226.6 million for the three-month period ended March 31, 2026. This increase in net interest income for the three-month period ended June 30, 2026, was the result of a $25.8 million increase in interest income, which was partially offset by an $8.1 million increase in interest expense. The $25.8 million increase in interest income was primarily the result of a $24.6 million increase in loan income and a $1.0 million increase in income from investments. The $8.1 million increase in interest expense was due to an $8.3 million increase in interest expense on deposits, which was partially offset by a $346,000 decrease in interest expense on FHLB and other borrowed funds. The Company reported $53.5 million of non-interest income for the second quarter of 2026. The most important components of non-interest income were $13.1 million from other income, $13.0 million from other service charges and fees, $10.0 million from service charges on deposit accounts, $6.1 million from trust fees, $5.1 million in mortgage lending income, $2.8 million from dividends from FHLB, FRB, FNBB and other, $1.6 million from the increase in cash value of life insurance, $817,000 in income from the fair value adjustment for marketable securities and $578,000 in insurance commissions. Included within other income was $274,000 in bank-owned life insurance death benefit income. Non-interest expense for the second quarter of 2026 was $135.5 million. The most important components of non-interest expense were $68.7 million of salaries and employee benefits expense, $28.9 million in other operating expense, $15.8 million in occupancy and equipment expenses, $12.7 million in merger and acquisition expenses and $9.3 million in data processing expenses.   For the second quarter of 2026, our efficiency ratio was 44.54%, and our efficiency ratio, as adjusted (non-GAAP), was 40.46%(1). Financial Condition Total loans receivable were $17.13 billion at June 30, 2026, compared to $15.63 billion at March 31, 2026. Total deposits were $19.11 billion at June 30, 2026, compared to $17.74 billion at March 31, 2026. Total assets were $24.71 billion at June 30, 2026, compared to $23.20 billion at March 31, 2026. During the second quarter of 2026, the Company had a $1.49 billion increase in loans. During the quarter, we acquired $1.47 billion in loans, net of purchase accounting discounts, from MCBI. Our community banking footprint experienced $46.4 million in organic loan growth during the quarter ended June 30, 2026, while Centennial CFG experienced $22.6 million of organic loan decline in the second quarter, with $2.04 billion of loans outstanding at June 30, 2026. Non-performing loans to total loans were 1.08% and 1.16% at June 30, 2026 and March 31, 2026, respectively. Non-performing assets to total assets were 0.93% and 0.97% at June 30, 2026 and March 31, 2026, respectively. Net loans charged-off were $5.8 million and $1.4 million for the three months ended June 30, 2026 and March 31, 2026, respectively. The charge-off detail by region for the quarters ended June 30, 2026 and March 31, 2026 can be seen below. At June 30, 2026, non-performing loans were $185.3 million, and non-performing assets were $228.6 million. At March 31, 2026, non-performing loans were $182.1 million, and non-performing assets were $224.1 million. The table below shows the non-performing loans and non-performing assets by region as of June 30, 2026: The table below shows the non-performing loans and non-performing assets by region as of March 31, 2026: The Company’s allowance for credit losses on loans was $328.4 million, or 1.92% of total loans, at June 30, 2026 compared to $297.6 million, or 1.90% of total loans, at March 31, 2026. As of June 30, 2026 and March 31, 2026, the Company’s allowance for credit losses on loans was 177.19% and 163.43% of its total non-performing loans, respectively. Shareholders’ equity was $4.55 billion at June 30, 2026, which increased approximately $197.9 million from March 31, 2026. The net increase in shareholders’ equity is primarily associated with the $146.0 million of common stock issued to the Mountain Commerce shareholders, the $77.1 million increase in retained earnings and the $10.4 million increase in accumulated other comprehensive income, which was partially offset by the $42.3 million in dividends paid during the quarter and the $40.5 million in stock repurchases for the quarter. Book value per common share was $22.68 at June 30, 2026, compared to $22.15 at March 31, 2026. Tangible book value per common share (non-GAAP) was $15.32(1) at June 30, 2026, compared to $14.87(1) at March 31, 2026. Book value per common share and tangible book value per common share, as of June 30, 2026, were both records for the Company. Stock Repurchases and Dividends 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). In comparison, during the three-month period ended March 31, 2026, the Company repurchased 507,622 shares of common stock, which equated to a shareholder buyback yield of 0.25%(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 June 30, 2026, the Company paid a dividend of $0.21 per share. This cash dividend was consistent with the dividend paid during the first quarter of 2026. Branches The Company currently has 75 branches in Arkansas, 78 branches in Florida, 60 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, July 16, 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/346859709. 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/346859709?pwd=sU182NPD. 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: 346859709. A replay of the call will be available using the following link: https://events.q4inc.com/attendee/346859709. 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 are not guarantees of future events, performance or results. When we use words or phrases like “may,” “will,” “plan,” “propose,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” “expect,” “project,” “predict,” “estimate,” “could,” “should,” “would” 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. 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 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 assumes no obligation to update the information in this press release, except as otherwise required by law. FOR MORE INFORMATION CONTACT:Donna TownsellDirector of Investor RelationsHome BancShares, Inc.(501) 328-4625 Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bb773f21-ccd2-4284-aa93-ec54a1eedf30 https://www.globenewswire.com/NewsRoom/AttachmentNg/7dbdedc1-b84d-44e2-ad8a-1921ff2a0e3d https://www.globenewswire.com/NewsRoom/AttachmentNg/e44c3f85-246c-4fa6-a093-88b3fac80495 https://www.globenewswire.com/NewsRoom/AttachmentNg/999ba47f-7860-43b6-9330-b833a17b94c3 https://www.globenewswire.com/NewsRoom/AttachmentNg/63aa328d-d66a-434f-8a35-fc8692916131 https://www.globenewswire.com/NewsRoom/AttachmentNg/2c44034a-f065-47d3-920f-aa8d92795010 https://www.globenewswire.com/NewsRoom/AttachmentNg/4039dadf-6fc6-4c26-bbbd-942db0d55ca4 https://www.globenewswire.com/NewsRoom/AttachmentNg/a61febd1-9db8-4e21-9f67-dfdcdf052fbd https://www.globenewswire.com/NewsRoom/AttachmentNg/57b7874d-d368-479c-b640-9a01876760a5 https://www.globenewswire.com/NewsRoom/AttachmentNg/f202ea6f-f34e-4117-856e-f452bd77cee0 https://www.globenewswire.com/NewsRoom/AttachmentNg/173b5fc7-e069-4a79-84da-9f66c89eec2a