Sep 30, 2023

Home BancShares Q3 2023 Earnings Report

Home BancShares' Q3 2023 earnings were released, revealing a net income of $98.5 million and diluted earnings per share of $0.49.

Key Takeaways

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.

Net income for Q3 2023 was $98.5 million, or $0.49 diluted earnings per share.

Net interest margin was 4.19% for the three months ended September 30, 2023.

Total loans receivable were $14.27 billion at September 30, 2023.

Total deposits were $16.52 billion at September 30, 2023.

Total Revenue
$245M
Previous year: $256M
-4.3%
EPS
$0.47
Previous year: $0.54
-13.0%
Efficiency Ratio
45.53%
Previous year: 43.24%
+5.3%
Net Interest Margin
4.19%
Previous year: 4.05%
+3.5%
NPAs to Total Assets
0.42%
Previous year: 0.27%
+55.6%
Cash and Equivalents
$488M
Previous year: $1.58B
-69.1%
Free Cash Flow
$93.8M
Previous year: $169M
-44.5%
Total Assets
$22B
Previous year: $23.2B
-5.2%

Home BancShares

Home BancShares

Forward Guidance

The company did not provide specific forward guidance in the provided document.