Home Bancshares, Inc. (Conway, AR) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 at 08:15 am EDT
Share
Home Bancshares, Inc. (Conway, AR) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 201.94 million compared to USD 213.1 million a year ago. Net income was USD 98.45 million compared to USD 108.71 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 0.53 a year ago.
For the nine months, net interest income was USD 624.18 million compared to USD 543.01 million a year ago. Net income was USD 306.69 million compared to USD 189.58 million a year ago. Basic earnings per share from continuing operations was USD 1.51 compared to USD 0.99 a year ago. Diluted earnings per share from continuing operations was USD 1.51 compared to USD 0.99 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.