Home BancSharesHOMB
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,477% more call options, than puts
Call options by funds: $5.36M | Put options by funds: $340K
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
6% more funds holding
Funds holding: 280 [Q1] → 296 (+16) [Q2]
1.49% more ownership
Funds ownership: 66.94% [Q1] → 68.43% (+1.49%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
1% less capital invested
Capital invested by funds: $3.31B [Q1] → $3.29B (-$20M) [Q2]
2% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 110
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Stephens & Co. Matt Olney 97% 1-year accuracy 31 / 32 met price target | 1%downside $31 | Overweight Maintained | 18 Oct 2024 |
Piper Sandler Stephen Scouten 92% 1-year accuracy 23 / 25 met price target | 1%downside $31 | Overweight Maintained | 18 Oct 2024 |
RBC Capital Jon Arfstrom 98% 1-year accuracy 51 / 52 met price target | 10%downside $28 | Sector Perform Reiterated | 18 Oct 2024 |
Financial journalist opinion
Based on 9 articles about HOMB published over the past 30 days