Home Bancshares (HOMB) Reports In-Line Q2 EPS

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Home BancShares, Inc. Announces Record Quarterly Loan Originations And Maintains Outstanding Performance Ratios in All Areas

July 19, 2018 8:15 AM EDT

CONWAY, Ark., July 19, 2018 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB), parent company of Centennial Bank, today announced record quarterly loan originations of $957.9 million with a loan yield of 5.66% resulting in $198.8 million of organic loan growth.   The Company reported record quarterly profit of $76.0 million, record pre-tax income of $100.3 million and record diluted earnings per share of $0.44 per share.  Additionally, the Companys performance ratios showed continued improvement with a net interest margin of 4.47%, return on average assets of 2.13%, return on average common equity of 13.54%, return on average tangible common equity excluding intangible amortization (non-GAAP)1... More