Home Bancshares, Inc. (HOMB) Tops Q1 EPS by 1c

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Home BancShares, Inc. Announces Record Quarterly Profit of $27.3 Million

April 17, 2014 9:15 AM EDT

CONWAY, Ark., April 17, 2014 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq: HOMB), parent company of Centennial Bank, today announced a record quarterly profit of $27.3 million, or $0.42 diluted earnings per share for the first quarter of 2014 compared to $17.5 million or $0.31 diluted earnings per share for the same quarter in 2013. The Company increased its first quarter earnings by $9.8 million or 55.8% for the three months ended March 31, 2014 compared to the same period of the previous year. Excluding the $849,000 of merger expenses associated with the recently completed acquisition of Liberty Bancshares, Inc. (Liberty), diluted earnings per share for the... More