Home BancShares
HOMB

$28.56

0.81%

Market Cap: 5.7B

About: Home BancShares Inc is a bank holding company that operates through its wholly owned community bank subsidiary, Centennial Bank. The bank provides a broad range of commercial and retail banking, as well as related financial services, to a diverse customer base. Its customer base includes businesses, real estate developers and investors, individuals, and municipalities. The company's loan portfolio, while diversified, is typically between half and two thirds in commercial real estate loans. The company's plan emphasizes growth, both through strategic acquisitions and organically within its existing markets. The bank also emphasizes attracting experienced bankers, credit quality, and a solid balance sheet. The bank's main source of net revenue is net interest income.

Employees: 2,819

Financials State Commercial Banks

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 7 analysts

0

News positive %

of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

10,963% more call options, than puts

Call options by funds: $2.99M | Put options by funds: $27K

25% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 5 (+1) [Q1 2024]

1.28% less ownership

Funds ownership: 67.01% [Q4 2023] → 65.73% (-1.28%) [Q1 2024]

2% less funds holding

Funds holding: 281 [Q4 2023] → 276 (-5) [Q1 2024]

5% less capital invested

Capital invested by funds: $3.42B [Q4 2023] → $3.25B (-$177M) [Q1 2024]

15% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 34

26% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 113

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Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$26

9%

downside

Avg. target

$28

1%

downside

High target

$30

5%

upside

7 analyst ratings

4 positive

57%

3 neutral

43%

0 negative

0%

RBC Capital Jon Arfstrom	2%downside $28	Sector Perform Maintained	19 Jul 2024
Stephens & Co. Matt Olney	5%upside $30	Overweight Maintained	19 Jul 2024
Piper Sandler Stephen Scouten	5%upside $30	Overweight Maintained	19 Jul 2024
Stephens & Co. Matt Olney	2%downside $28	Overweight Reiterated	18 Jul 2024
RBC Capital Jon Arfstrom	5%downside $27	Sector Perform Maintained	9 Jul 2024

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Financial journalist opinion

Based on 7 articles about HOMB published over the past 30 days

Home Bancshares: Positive Earnings Outlook Seems Priced-In

Both the loan growth and net interest margin expansion of Home Bancshares beat my expectations for the second quarter. As a result, I've increased my earnings estimates for the full year. Earnings will receive a boost from continued loan growth. However, interest rate cuts will likely pressurize the margins, which will hurt the bottom line. The December 2024 target price is below the current market price. Further, HOMB is offering a modest dividend yield of 2.6%.

Home Bancshares: Positive Earnings Outlook Seems Priced-In

Home BancShares, Inc. Announces Increase in Quarterly Cash Dividend

CONWAY, Ark., July 24, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.195 per share quarterly cash dividend payable September 4, 2024, to shareholders of record August 14, 2024. This cash dividend represents a $0.015 per share, or 8.3%, increase over the $0.18 cash dividend paid during the second quarter of 2024.

Home BancShares, Inc. Announces Increase in Quarterly Cash Dividend

Home Bancshares, Inc. (HOMB) Q2 2024 Earnings Call Transcript

Home Bancshares, Inc. (NYSE:HOMB ) Q2 2024 Results Conference Call July 18, 2024 2:00 PM ET Company Participants Donna Townsell - Director of Investor Relations John Allison - Chairman Stephen Tipton - Chief Executive Officer of Centennial Bank Kevin Hester - President and Chief Lending Officer Brian Davis - Chief Financial Officer Tracy French - Chairman of Centennial Bank Chris Poulton - President of CCFG John Marshall - President of Shore Premier Finance Conference Call Participants Stephen Scouten - Piper Sandler Brett Rabatin - Hovde Group Jon Arfstrom - RBC Catherine Mealor - KBW Matt Olney - Stephens Brian Martin - Janney Montgomery Operator Greetings, ladies and gentlemen. Welcome to the Home BancShares, Inc. Second Quarter 2024 Earnings Call.

Home Bancshares, Inc. (HOMB) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, Home BancShares (HOMB) Q2 Earnings: A Look at Key Metrics

The headline numbers for Home BancShares (HOMB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Home BancShares (HOMB) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

Home BancShares (HOMB) Tops Q2 Earnings and Revenue Estimates

Home BancShares (HOMB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.51 per share a year ago.

Home BancShares (HOMB) Tops Q2 Earnings and Revenue Estimates

Consistent Performance, Patient Strategy Yield Solid Q2 Results: There's No Place Like HOMB

CONWAY, Ark., July 17, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.

Consistent Performance, Patient Strategy Yield Solid Q2 Results: There's No Place Like HOMB

Zacks Investment Research

Countdown to Home BancShares (HOMB) Q2 Earnings: Wall Street Forecasts for Key Metrics

Get a deeper insight into the potential performance of Home BancShares (HOMB) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Countdown to Home BancShares (HOMB) Q2 Earnings: Wall Street Forecasts for Key Metrics

Home Bancshares, Inc. Announces Second Quarter Earnings Release Date and Conference Call

CONWAY, Ark., June 18, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced it expects to release Second Quarter 2024 earnings after the market closes on July 17, 2024. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, July 18, 2024.

Home Bancshares, Inc. Announces Second Quarter Earnings Release Date and Conference Call

Zacks Investment Research

All You Need to Know About Home BancShares (HOMB) Rating Upgrade to Strong Buy

Home BancShares (HOMB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Home BancShares (HOMB) Rating Upgrade to Strong Buy

Home BancShares, Inc. Announces Adjustments to Management Team: Poised for the Future

CONWAY, Ark., May 14, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), while celebrating twenty-five years as a bank, announce some adjustments to the management team, as they look towards the future.

Home BancShares, Inc. Announces Adjustments to Management Team: Poised for the Future

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