Welcome to our dedicated page for Home BancShares news (Ticker: HOMB), a resource for investors and traders seeking the latest updates and insights on Home BancShares stock.
Home BancShares, Inc. (Conway, AR) is a prominent bank holding company that operates through its wholly-owned subsidiary, Centennial Bank. The company is well-regarded for offering an extensive range of commercial and retail banking services to a diverse clientele. These clients include businesses, real estate developers, investors, individuals, and municipalities.
Home BancShares provides various deposit products such as checking, savings, NOW, demand, and money market accounts along with certificates of deposit. Their loan portfolio is notably diversified, featuring non-farm/non-residential real estate, construction/land development, residential mortgage, consumer, agricultural, and commercial and industrial loans.
In the realm of technology, Home BancShares offers advanced internet banking, mobile banking, and voice response information services. Their financial solutions also encompass cash management, overdraft protection, direct deposit, and automatic account transfer services. For added convenience and security, the company provides safe deposit boxes and issues United States savings bonds.
Home BancShares is also active in the insurance sector, writing policies for commercial and personal lines such as property, casualty, life, health, and employee benefits. The organization places a strong emphasis on growth through both strategic acquisitions and organic expansion within existing markets. Their focus on attracting experienced bankers, maintaining high credit quality, and ensuring a solid balance sheet underscores their commitment to sustainable growth.
For more current updates, financial conditions, partnerships, and ongoing projects, stakeholders can consult the latest news releases.
Home BancShares, Inc. (NYSE: HOMB) has declared a regular quarterly cash dividend of $0.18 per share, which will be payable on June 7, 2023. This dividend reflects an increase of $0.015 per share, or 9.1%, compared to the $0.165 dividend from the second quarter of 2022. The announcement was made by John Allison, Chairman, highlighting that the company’s strong earnings have supported this consecutive dividend payment, marking the 68th consecutive quarterly dividend since going public in 2006. Home BancShares operates through its subsidiary, Centennial Bank, offering a range of banking services across several states, including Arkansas, Florida, Texas, South Alabama, and New York City.