Home Bancshares, Inc. (Conway, AR) Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 18, 2024 at 08:15 am EST
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Home Bancshares, Inc. (Conway, AR) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 202.77 million compared to USD 215.67 million a year ago. Net income was USD 86.24 million compared to USD 115.69 million a year ago. Basic earnings per share from continuing operations was USD 0.43 compared to USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 0.57 a year ago.
For the full year, net interest income was USD 826.95 million compared to USD 758.68 million a year ago. Net income was USD 392.93 million compared to USD 305.26 million a year ago. Basic earnings per share from continuing operations was USD 1.94 compared to USD 1.57 a year ago. Diluted earnings per share from continuing operations was USD 1.94 compared to USD 1.57 a year ago.
Home BancShares, Inc. is a bank holding company. The Company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank originates loans primarily secured by single and multi-family real estate, residential construction, and commercial buildings. In addition, the Bank makes loans to small and medium-sized commercial businesses as well as to consumers for a variety of purposes. The Bank offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit. The Bank offers a range of products and services, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers.