Home Bancshares (HOMB) Reiterated at Neutral by Cantor Fitzgerald on Core Beat

Cantor Fitzgerald analyst Dave Rochester reiterated a Neutral rating and $30.00 price target on Home Bancshares (NYSE: HOMB).

The analyst commented, "HOMB reported adjusted/diluted EPS of $0.64/$0.59. We estimate core EPS of $0.63, above our $0.62 core EPS est. and above VA consensus NonGAAP EPS of $0.62. Overall, we view the 2Q26 performance as mixed, with positives including solid expense control, contained credit, the larger buyback than expected, and the much stronger fee income quarter vs. our ests. and consensus. Amortization expense came in much lower than expected, which could bode well for the expense trend going forward. We would expect the strong fee result to continue, a positive for the revenue outlook. Credit trends remained strong, with HOMB beating on provision. While net charge-offs bumped up a bit, the level was still very low, and NPAs remained well contained with only modest growth."

For an analyst ratings summary and ratings history on Home Bancshares click here. For more ratings news on Home Bancshares click here.

Shares of Home Bancshares closed at $29.29 yesterday.

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