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Home Bancshares (HOMB) Reports In-Line Q3 EPS

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Home BancShares, Inc. Announces a 22.0% Increase in Third Quarter Earnings

October 20, 2016 8:00 AM EDT

CONWAY, Ark., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced a record quarterly profit of $43.6 million, or $0.31 diluted earnings per share for the third quarter of 2016 compared to $35.7 million or $0.26 diluted earnings per share (split adjusted) for the same quarter in 2015.  Excluding the $3.8 million of FDIC loss share buy-out expense, diluted earnings per share for the third quarter of 2016 was $0.33 per share.  The Company increased its third quarter earnings by $7.9 million or 22.0% for the three months ended September 30, 2016 compared to the same period of the... More