The company reported $96.9 million in net income and $0.47 earnings per share, with strong loan and deposit growth amid economic uncertainty. Credit quality remained solid with low non-performing assets and robust capital levels.
Home BancShares, Inc. reported a net income of $100.6 million, or $0.51 diluted earnings per share, for the fourth quarter of 2024. The company completed a significant asset quality cleanup, particularly focusing on legacy loans, and achieved new records with $1 billion in revenue and $400 million in earnings for the year.
Home BancShares, Inc. reported a strong third quarter with a net income of $100.0 million, or $0.50 diluted earnings per share. The quarter was impacted by Hurricane Helene, which led to an increase in the loan loss reserve. Despite the hurricane's impact, the company achieved a 1.74% return on average assets.
Home BancShares reported a net income of $101.5 million, or $0.51 diluted earnings per share, for the second quarter of 2024. The company experienced profitable loan growth and a lower efficiency ratio, while overcoming the additional $2.3 million of FDIC special assessment. Record highs were achieved for book value per common share of $19.30 and tangible book value per common share of $12.08.
Home BancShares, Inc. reported a strong start to 2024 with increased net income, revenue, and EPS. The company also demonstrated strong liquidity and lowered its efficiency ratio.
Home BancShares reported a net income of $86.2 million for Q4 2023, impacted by events in West Texas and a surprise FDIC assessment. Excluding these events, the company would have exceeded its $400 million goal and earned over $2.00 per share.
Home BancShares reported a net income of $98.5 million for Q3 2023, with diluted earnings per share at $0.49. The company's net interest margin was 4.19%, and they continue to build on their balance sheet. Total available liquidity as of September 30, 2023 was $6.12 billion.
Home BancShares reported a net income of $105.3 million and diluted earnings per share of $0.52 for the second quarter of 2023. The company's asset quality remained strong, and it maintained a robust liquidity position.
Home BancShares reported a strong first quarter with a net income of $103.0 million and diluted earnings per share of $0.51. The company's liquidity and availability provide more than 100% coverage for all uninsured and uncollateralized depositors.
Home BancShares, Inc. reported a net income of $115.7 million for Q4 2022, with diluted earnings per share of $0.57. The company experienced loan growth and an increase in net interest margin, while also managing deposit costs effectively. The results reflect a disciplined strategy and the strength of the full franchise.
Home BancShares, Inc. reported a record net income of $108.7 million for the quarter ended September 30, 2022, along with record total net revenue of $256.3 million. The net interest margin is back to 4.05%.
Home BancShares, Inc. reported net income of $16.0 million, or $0.08 earnings per share for the second quarter of 2022. Adjusted net income was $97.0 million, or $0.47 earnings per share. The company completed its acquisition of Happy Bancshares, Inc. during the quarter, which impacted earnings due to provisions for credit losses and merger expenses.
Home BancShares, Inc. reported a solid performance in the first quarter of 2022, with net income of $64.9 million, or $0.40 earnings per share, despite a volatile economic environment.
Home BancShares reported a net income of $73.4 million and diluted earnings per share of $0.45 for the fourth quarter of 2021. The company's strong asset quality and strategic balance sheet positioning contributed to the positive results.
Home BancShares, Inc. reported a net income of $75.0 million, or $0.46 earnings per share, for the third quarter of 2021. The company's net income for the nine-month period ended September 30, 2021, was $245.7 million, or $1.49 earnings per share, both of which are records for the Company.
Home BancShares, Inc. reported a net income of $79.1 million, or $0.48 earnings per share, for the three-month period ended June 30, 2021. The company experienced loan decline of approximately $579.3 million during the second quarter 2021.
Home BancShares, Inc. reported a record quarterly earnings with net income of $91.6 million and earnings per share of $0.55. The company's net interest margin was 4.02%, and the efficiency ratio was 36.60%.
Home BancShares, Inc. reported record quarterly earnings with net income increasing to $81.8 million and earnings per share reaching $0.50. The company experienced a strong performance driven by its talented team of bankers.
Home BancShares reported a record third quarter with net income increasing by 10.3% to $69.3 million and total revenue increasing by 1.4% to $176.1 million. The company's PPNR reached a record $104.4 million, contributing to a strong efficiency ratio of 39.56%.
Home BancShares, Inc. reported strong second-quarter earnings, demonstrating a solid foundation of earnings and asset quality despite the challenges posed by the COVID-19 pandemic. The company achieved record revenue and maintained a solid net interest margin.
Home BancShares, Inc. reported first quarter earnings, demonstrating resilience with profitability despite significant net income noise primarily related to COVID-19 and acquisition-related expenses. The company's earnings power shone through, maintaining profitability even after $95 million of noise, most of which were non-cash expenditures.
Home BancShares, Inc. released fourth quarter earnings revealing four consecutive quarters of increased profitability. The company's net interest margin was 4.24% for the quarter. Non-performing loans to total loans was 0.50% as of December 31, 2019 compared to 0.54% as of September 30, 2019.