Home BancShares, Inc. - HOMB STOCK NEWS

Home BancShares, Inc. (NYSE: HOMB) announced the release of its First Quarter 2023 earnings on April 20, 2023, before the market opens. A conference call to discuss these earnings will occur on the same day at 1:00 p.m. CT. Participants can pre-register for the call via provided links for both the webcast and the live call. For those without internet access, a dial-in option is available. Established in Conway, Arkansas, Home BancShares operates through its subsidiary, Centennial Bank, offering a range of banking services across several states.

Home BancShares, Inc. (NYSE: HOMB) will participate in the 2023 RBC Capital Markets Global Financial Institutions Virtual Conference on March 7-8, 2023. The panel discussion titled “Banking Unplugged” will be held at 3:00 p.m. CT on March 7. The live webcast can be accessed on the company’s website under Investor Relations or directly at the provided link. A recorded version will be available within 24 hours after the event and accessible until June 6, 2023. The company, headquartered in Conway, Arkansas, offers a range of banking services through its subsidiary, Centennial Bank, which operates in multiple states.

Home BancShares, Inc. (NYSE: HOMB) has announced a $0.18 per share quarterly cash dividend, marking a 9.1% increase from the previous $0.165 dividend paid over the last four quarters. The dividend is payable on March 8, 2023, to shareholders of record by February 15, 2023. As the parent company of Centennial Bank, Home BancShares operates in several states including Arkansas, Florida, Texas, South Alabama, and New York City, providing a range of financial services to various sectors including businesses and municipalities.

Home BancShares, based in Conway, Arkansas, reported its fourth-quarter earnings for 2022, revealing a net income of $115.7 million, or $0.57 per share, up from $108.7 million in Q3 2022. Total revenue reached $272.3 million, compared to $256.3 million in the previous quarter. The company's return on assets stood at 1.98% and return on equity at 13.29%. Notably, loans grew by $580 million during this period, increasing the loan yield to 6.23%. Non-performing assets remained stable at 0.27% of total assets. Total deposits decreased to $17.94 billion. The company plans a conference call to discuss these results.

Home BancShares, Inc. (NYSE: HOMB) will announce its Fourth Quarter 2022 earnings on January 19, 2023, before market opening. The company encourages participants to pre-register for a conference call at 1:00 p.m. CT to discuss these earnings. This call will be accessible online or via a dial-in option. Home BancShares is headquartered in Conway, Arkansas, and operates through its subsidiary, Centennial Bank, which serves various markets across several states. The upcoming earnings release is anticipated to provide key financial insights into the company's performance.

Home BancShares, Inc. will participate in a Fireside Chat at the Stephens Annual Investment Conference on November 15, 2022, at 1:00 p.m. CT. The event can be accessed live via a provided link, and a replay will be available for 90 days. Headquartered in Conway, Arkansas, Home BancShares operates through its subsidiary, Centennial Bank, which offers diverse banking services across several states including Arkansas, Florida, and Texas. The Company's common stock trades under the symbol HOMB on the NYSE.

Home BancShares, Inc. (NYSE: HOMB) announced a quarterly cash dividend of $0.165 per share, payable on December 7, 2022, with a record date of November 16, 2022. This represents a 17.9% increase from the $0.14 dividend paid in Q4 2021. The company, based in Conway, Arkansas, operates Centennial Bank, providing a range of banking and financial services across various states, including Arkansas, Florida, Texas, and New York City.

Home BancShares, Inc. (NYSE: HOMB) has settled a lawsuit against ServisFirst Bank and four former employees, receiving $15 million. This suit stemmed from claims related to non-compete breaches following Home's acquisition of Bay Cities Bank in 2015. The lawsuit, initiated in 2016, was pending in Florida's District Court and had progressed towards a jury trial. Despite the settlement, ServisFirst and the former employees do not admit any wrongdoing. The company emphasizes its commitment to safeguarding shareholder interests.

Home BancShares reported a record net income of $108.7 million for Q3 2022, marking a significant increase from $16 million in Q2 2022. The total revenue reached $256.3 million, up from $243.3 million. Adjusted earnings per share were $0.54. The net interest margin improved to 4.05% compared to 3.64% in Q2 2022. However, total loans decreased to $13.83 billion from $13.92 billion, and total deposits fell to $18.54 billion from $19.58 billion.