Home Bancshares (HOMB) Tops Q1 EPS by 2c

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Go back to Home Bancshares (HOMB) Tops Q1 EPS by 2c

Home BancShares, Inc. Announces a 33.1% Increase in First Quarter Earnings

April 21, 2016 8:01 AM EDT

CONWAY, Ark., April 21, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced a record quarterly profit of $41.4 million, or $0.59 diluted earnings per share for the first quarter of 2016 compared to $31.1 million or $0.46 diluted earnings per share for the same quarter in 2015.  The Company increased its first quarter earnings by $10.3 million or 33.1% for the three months ended March 31, 2016 compared to the same period of the previous year.  The Company also announced $212.8 million in quarterly organic loan growth during the first quarter of 2016 and a core efficiency ratio of... More