Home Bancshares (HOMB) Tops Q4 EPS by 1c

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Go back to Home Bancshares (HOMB) Tops Q4 EPS by 1c

Home BancShares, Inc. Announces 2017 Earnings

January 18, 2018 8:15 AM EST

CONWAY, Ark., Jan. 18, 2018 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced net income for the year ended December 31, 2017 of $135.1 million.  Diluted earnings per share for the year ended 2017 was $0.89 per share.  For the fourth quarter of 2017, the Company recorded a profit of $23.3 million.  Diluted earnings per share for the fourth quarter of 2017 was $0.13 per share.    

In addition to merger expenses and acquisition gain from the 2017 acquisitions, the Companys annual earnings were significantly impacted by Hurricane Irma and the recently enacted Tax Cuts and Jobs Act... More