Home BancSharesHOMB
HOMB
About: Home BancShares Inc is a bank holding company that operates through its wholly owned community bank subsidiary, Centennial Bank. The bank provides a broad range of commercial and retail banking, as well as related financial services, to a diverse customer base. Its customer base includes businesses, real estate developers and investors, individuals, and municipalities. The company's loan portfolio, while diversified, is typically between half and two thirds in commercial real estate loans. The company's plan emphasizes growth, both through strategic acquisitions and organically within its existing markets. The bank also emphasizes attracting experienced bankers, credit quality, and a solid balance sheet. The bank's main source of net revenue is net interest income.
Employees: 2,819
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2,545% more call options, than puts
Call options by funds: $4.44M | Put options by funds: $168K
58% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 24
10% more capital invested
Capital invested by funds: $3.29B [Q2] → $3.63B (+$339M) [Q3]
5% more funds holding
Funds holding: 297 [Q2] → 311 (+14) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 110
0.72% less ownership
Funds ownership: 68.43% [Q2] → 67.7% (-0.72%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$28
0%
upside
Avg. target
$31
9%
upside
High target
$32
14%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Christopher Mcgratty 72% 1-year accuracy 13 / 18 met price target | 14%upside $32 | Market Perform Maintained | 4 Dec 2024 |
Stephens & Co. Matt Olney 91% 1-year accuracy 29 / 32 met price target | 10%upside $31 | Overweight Maintained | 18 Oct 2024 |
Piper Sandler Stephen Scouten 88% 1-year accuracy 21 / 24 met price target | 10%upside $31 | Overweight Maintained | 18 Oct 2024 |
RBC Capital Jon Arfstrom 89% 1-year accuracy 47 / 53 met price target | 0%downside $28 | Sector Perform Reiterated | 18 Oct 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
4 days ago
Home BancShares, Inc. Announces Fourth Quarter Earnings Release Date and Conference Call
CONWAY, Ark., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced it expects to release Fourth Quarter 2024 earnings after the market closes on January 15, 2025. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, January 16, 2025.
Neutral
GlobeNewsWire
1 week ago
HOMB Takes Additional Hurricane Reserve Out of Abundance of Caution
CONWAY, Ark., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced it has established additional reserves for loan losses as a result of Hurricane Milton.
Neutral
GlobeNewsWire
1 month ago
Home BancShares, Inc. to Participate in Fireside Chat at Stephens Annual Investment Conference – (Time Update)
CONWAY, Ark., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced that it would participate in a Fireside Chat during the Stephens Annual Investment Conference being held November 19, 2024. The Company will present at 1:00 p.m. CT (2:00 p.m. ET), on Tuesday, November 19, 2024. The Fireside Chat can be accessed live using the following link: https://wsw.com/webcast/stph35/homb/1819690 . A replay will be available from the webcast link for 90 days following the live presentation at the following link: https://wsw.com/webcast/stph35/homb/1819690 .
Neutral
GlobeNewsWire
1 month ago
Home BancShares, Inc. to Participate in Fireside Chat at Stephens Annual Investment Conference
CONWAY, Ark., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced that it would participate in a Fireside Chat during the Stephens Annual Investment Conference being held November 19, 2024. The Company will present at 1:00 p.m. CT (12:00 p.m. ET), on Tuesday, November 19, 2024. The Fireside Chat can be accessed live using the following link: https://wsw.com/webcast/stph35/homb/1819690 . A replay will be available from the webcast link for 90 days following the live presentation at the following link: https://wsw.com/webcast/stph35/homb/1819690 .
Positive
Benzinga
1 month ago
2 Stocks to Buy as Election Reality Kicks In
As we enter one of the most tumultuous weeks of 2024, the familiar drumbeat of election-year predictions has reached a fever pitch.
Neutral
Seeking Alpha
1 month ago
Home Bancshares: Upgrade To Buy While Reducing Earnings Estimate Due To Hurricanes
Due to the impact of Hurricanes Helene and Milton, the provisioning expense for loan losses will likely remain elevated in upcoming quarters. I've reduced my earnings estimate for both 2024 and 2025 because I've raised my provisioning expense estimate. Strong regional economies, as indicated by low unemployment rates, will likely sustain loan growth, and consequently earnings growth.
Neutral
GlobeNewsWire
1 month ago
Home BancShares, Inc. Announces Fourth Quarter Cash Dividend
CONWAY, Ark., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.195 per share quarterly cash dividend payable December 4, 2024, to shareholders of record November 13, 2024. This cash dividend represents a $0.015 per share, or 8.3%, increase over the $0.18 cash dividend paid during the fourth quarter of 2023 and is consistent with the dividend paid during the third quarter of 2024.
Neutral
Seeking Alpha
2 months ago
Home Bancshares, Inc. (Conway, AR) (HOMB) Q3 2024 Earnings Call Transcript
Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB ) Q3 2024 Earnings Conference Call October 17, 2024 2:00 PM ET Company Participants Donna Townsell - Senior Vice President, Director of Investor Relations John Allison - Chairman and Chief Executive Officer Brian Davis - Treasurer and Chief Financial Officer Stephen Tipton - Chief Executive Officer, Centennial Bank Kevin Hester - President and Chief Lending Officer Tracy French - Chairman, Centennial Bank Christopher Poulton - President, CCFG Conference Call Participants Stephen Scouten - Piper Sandler Brett Rabatin - Hovde Group Matt Olney - Stephens Jon Arfstrom - RBC Catherine Mealor - KBW Brian Martin - Itau BBA Michael Rose - Raymond James Operator Greetings, ladies and gentlemen. Welcome to the Home BancShares Incorporated Third Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
2 months ago
Home BancShares (HOMB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Home BancShares (HOMB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 months ago
Home BancShares (HOMB) Misses Q3 Earnings Estimates
Home BancShares (HOMB) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.47 per share a year ago.
Charts implemented using Lightweight Charts™