Home Bancshares (HOMB) Raises Quarterly Dividend 40% to $0.175; Two-for-One Stock Split Declared

Home BancShares, Inc. Announces the Appointment of Former Governor Mike Beebe to Its Board of Directors

CONWAY, Ark., April 21, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, announces the appointment of former governor Mike Beebe to its Board of Directors to fill a vacancy on the Board. We continue to attract highly valued talent to our organization, including the addition of Mike Beebe to our Board of Directors, said John Allison, Chairman. Our Board aims to maintain both relevant skill sets and experience among its members, and were confident Mr. Beebes broad leadership experience, ability to collaborate and his long-time development and knowledge of... More

Home BancShares, Inc. Announces a 40% Increase in Second Quarter Cash Dividend Plus a Two-for-One Stock Split

CONWAY, Ark., April 21, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.175 per share quarterly cash dividend payable June 1, 2016, to shareholders of record May 11, 2016.  This cash dividend represents a $0.05 per share, or 40%, increase over the $0.125 cash dividend paid during the second quarter of 2015 and is a 16.7% increase over the $0.15 per share cash dividend paid during the first quarter of 2016.

In addition, the Board of Directors has declared a two-for-one stock split of... More

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

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