Home Bancshares (HOMB) Reports In-Line Q1 EPS

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Home BancShares, Inc. Announces a 13.8% Increase in First Quarter Earnings Per Share

April 20, 2017 8:00 AM EDT

CONWAY, Ark., April 20, 2017 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced a quarterly profit of $46.9 million for the first quarter of 2017 compared to $41.4 million, for the same quarter in 2016.  Diluted earnings per share for the first quarter of 2017 was $0.33 per share compared to $0.29 per share (split adjusted) for 2016, representing an increase of $0.04 per share or 13.8% for the first quarter of 2017 when compared to the same quarter in the prior year.  Excluding the $6.7 million of merger expenses associated with the recently completed acquisitions of Giant Holdings,... More