Form 8-K HOME BANCSHARES INC For: Oct 16

Go back to Form 8-K HOME BANCSHARES INC For: Oct 16

Home BancShares, Inc. (HOMB) Misses Q3 EPS by 4c

October 16, 2014 9:16 AM EDT

Home BancShares, Inc. (NASDAQ: HOMB) reported Q3 EPS of $0.41, $0.04 worse than the analyst estimate of $0.45.

n July 17, 2014, the Company completed its acquisition of Traditions. As of acquisition date, Traditions had $297.6 million in total assets, $241.6 million in loans after $8.5 million of loan discounts, and $267.3 million in deposits. From June 30, 2014 to September 30, 2014, the Company had $449.9 million growth in non-covered loans. Excluding the loans acquired from Traditions, the Company produced $208.3... More