Home Bancshares (HOMB) Reports In-Line Q4 EPS

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Home BancShares, Inc. Announces 22.2% Increase in 2015 Earnings

January 21, 2016 7:30 AM EST

CONWAY, Ark., Jan. 21, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced net income for the year ended December 31, 2015 of $138.2 million compared to $113.1 million for the year ended 2014 for a 22.2% increase.  Diluted earnings per share for the year ended 2015 was $2.02 per share compared to $1.70 per share for 2014. Excluding the $4.8 million of 2015 merger expenses associated with the 2015 acquisitions, diluted earnings per share for the year ended 2015 was $2.06 per share. 

For the fourth quarter of 2015, the Company recorded a 25.1% increase in quarterly profit to $37.4... More