Home Bancshares (HOMB) Tops Q2 EPS by 1c

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Go back to Home Bancshares (HOMB) Tops Q2 EPS by 1c

Home BancShares, Inc. Announces a 28.3% Increase in Second Quarter Earnings

July 21, 2016 8:03 AM EDT

CONWAY, Ark., July 21, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced a record quarterly profit of $43.5 million, or $0.31 diluted earnings per share for the second quarter of 2016 compared to $33.9 million or $0.25 diluted earnings per share (split adjusted) for the same quarter in 2015.  The Company increased its second quarter earnings by $9.6 million or 28.3% for the three months ended June 30, 2016 compared to the same period of the previous year.  The Company also announced $172.5 million in quarterly organic loan growth during the second quarter of 2016, a core... More