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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.28
HOMB's Cash-to-Debt is ranked lower than
83% of the 1659 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.10 vs. HOMB: 0.28 )
Ranked among companies with meaningful Cash-to-Debt only.
HOMB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11  Med: 0.38 Max: N/A
Current: 0.28
Equity-to-Asset 0.14
HOMB's Equity-to-Asset is ranked higher than
81% of the 1628 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. HOMB: 0.14 )
Ranked among companies with meaningful Equity-to-Asset only.
HOMB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09  Med: 0.13 Max: 0.17
Current: 0.14
0.09
0.17
Interest Coverage 8.74
HOMB's Interest Coverage is ranked higher than
88% of the 1586 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.72 vs. HOMB: 8.74 )
Ranked among companies with meaningful Interest Coverage only.
HOMB' s Interest Coverage Range Over the Past 10 Years
Min: 0.2  Med: 3.67 Max: 10.06
Current: 8.74
0.2
10.06
Beneish M-Score: -2.35
WACC vs ROIC
5.80%
7.31%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating Margin % 56.97
HOMB's Operating Margin % is ranked higher than
89% of the 1666 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.66 vs. HOMB: 56.97 )
Ranked among companies with meaningful Operating Margin % only.
HOMB' s Operating Margin % Range Over the Past 10 Years
Min: 10.49  Med: 44.6 Max: 57.33
Current: 56.97
10.49
57.33
Net Margin % 36.03
HOMB's Net Margin % is ranked higher than
80% of the 1667 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.77 vs. HOMB: 36.03 )
Ranked among companies with meaningful Net Margin % only.
HOMB' s Net Margin % Range Over the Past 10 Years
Min: 8.81  Med: 28.68 Max: 36.03
Current: 36.03
8.81
36.03
ROE % 13.92
HOMB's ROE % is ranked higher than
78% of the 1667 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.51 vs. HOMB: 13.92 )
Ranked among companies with meaningful ROE % only.
HOMB' s ROE % Range Over the Past 10 Years
Min: 3.17  Med: 10.47 Max: 14.02
Current: 13.92
3.17
14.02
ROA % 1.85
HOMB's ROA % is ranked higher than
84% of the 1672 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.91 vs. HOMB: 1.85 )
Ranked among companies with meaningful ROA % only.
HOMB' s ROA % Range Over the Past 10 Years
Min: 0.42  Med: 1.35 Max: 1.86
Current: 1.85
0.42
1.86
3-Year Revenue Growth Rate 18.90
HOMB's 3-Year Revenue Growth Rate is ranked higher than
90% of the 1400 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.30 vs. HOMB: 18.90 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
HOMB' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 5.1  Med: 15.5 Max: 51.8
Current: 18.9
5.1
51.8
3-Year EBITDA Growth Rate 32.30
HOMB's 3-Year EBITDA Growth Rate is ranked higher than
91% of the 1310 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. HOMB: 32.30 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
HOMB' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -16.5  Med: 24.4 Max: 56.6
Current: 32.3
-16.5
56.6
3-Year EPS without NRI Growth Rate 30.30
HOMB's 3-Year EPS without NRI Growth Rate is ranked higher than
88% of the 1268 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.30 vs. HOMB: 30.30 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
HOMB' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -19  Med: 22.4 Max: 63.7
Current: 30.3
-19
63.7
GuruFocus has detected 2 Warning Signs with Home BancShares Inc $HOMB.
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» HOMB's 30-Y Financials

Financials (Next Earnings Date: 2017-10-20 Est.)



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Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Business Description

Industry: Banks » Banks - Regional - US    NAICS: 522110    SIC: 6022
Compare:NYSE:BKU, NYSE:BOH, NAS:MBFI, NAS:UMBF, NAS:TCBI, NAS:CHFC, NYSE:ASB, NAS:FULT, NAS:HBHC, NAS:PNFP, NYSE:STL, NAS:FHB, NYSE:VLY, NYSE:FHN, NAS:UMPQ, NAS:IBKC, NAS:BPOP, NAS:CATY, NAS:UBSI, NAS:WTFC » details
Headquarter Location:USA
Home BancShares Inc is active in the financial services sector in the United States. The bank provides a broad range of commercial and retail banking, as well as related financial services.

Home BancShares is a bank holding company that primarily 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 strategy emphasizes growth, both through strategic acquisitions and organically within its existing markets. The bank also emphasizes attracting experienced bankers, strong credit quality, and a solid balance sheet. The bank's main source of net revenue is net interest income.

Top Ranked Articles about Home BancShares Inc

Home BancShares, Inc. to Join S&P MidCap 400
Home BancShares Set to Join S&P MidCap 400 and Chatham Lodging Trust to Join S&P SmallCap 600
Home BancShares, Inc. to Present at the 2017 Gulf South Bank Conference
Home BancShares, Inc. Announces Second Quarter Cash Dividend
Home BancShares, Inc. Announces Completion of Subordinated Notes Offering
Home BancShares, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering

CONWAY, Ark., March 30, 2017 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ:HOMB) (“Home” or the “Company”), parent company of Centennial Bank, (“Centennial”), announced today the pricing of $300 million of its 5.625% fixed-to-floating rate subordinated notes due 2027 (the “Notes”). The Notes will initially bear interest at 5.625% per annum, payable semiannually in arrears, commencing on the issue date, to, but excluding, April 15, 2022, and, thereafter, payable quarterly in arrears, at an annual floating rate equal to three month LIBOR as determined for the applicable quarterly period, plus 357.5 basis points. The Notes will mature on April 15, 2027. Based upon the pricing and demand for the Notes, the Company elected to increase the aggregate principal amount of the Notes for $300 million from the previously announced amount of $150 million.
The Company expects to close the transaction, subject to customary conditions, on or about April 3, 2017. The Company intends to use the net proceeds for general corporate purposes, which may include investments at the holding company level, providing capital to support the growth of Centennial Bank, repurchases of common shares and the payment of the cash consideration components of future acquisitions. RBC Capital Markets, LLC, Sandler O’Neill Partners, L.P. and Stephens Inc. served as joint book-running managers for the offering, and Crews & Associates, Inc. and U.S. Bancorp Investments, Inc. acted as co-managers. Home has filed a shelf registration statement (including a base prospectus) and a preliminary prospectus supplement relating to this offering with the SEC.  Prospective investors should read the registration statement (including the base prospectus), the preliminary prospectus supplement and other documents the Company has filed and will file with the SEC that are incorporated by reference into the registration statement and each prospectus supplement for more complete information about the Company and the offering, including the risks associated with the securities and the offering. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. The offering will be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from the investor relations section of Home's Web site at: www.homebancshares.com or from the SEC's Web site at: www.sec.gov. Alternatively, you may obtain a copy of the prospectus supplement and accompanying prospectus for the offering by contacting: RBC Capital Markets, LLC, Attention: Fixed Income Syndicate, 3 World Financial Center, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, telephone (866) 375-6829, or Sandler O’Neill & Partners, L.P., Attention: Syndicate, 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, telephone (866) 805-4128, or Stephens Inc., Attention: Syndicate, 111 Center Street, Little Rock, Arkansas 72201, telephone (800) 643-9691. General Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Our wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.” This release and certain of our reports that we file with the Securities and Exchange Commission (“SEC”) contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements contained in this release reflect our current views about future events and financial performance and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results to differ significantly from historical results and those expressed in any forward-looking statement. Some factors that could cause actual results to differ materially from historical or expected results include, but are not limited to, changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; inflation, interest rate, market and monetary fluctuations; the effect of any acquisitions or other transactions to which we or our bank subsidiary may from time to time be a party, including our ability to successfully integrate any businesses that we acquire; the risk that expected cost savings and other benefits from acquisitions may not be fully realized or may take longer to realize than expected; the possibility that an acquisition does not close when expected or at all because required regulatory, shareholder or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all; the reaction to a proposed acquisition transaction of the respective companies’ customers, employees and counterparties; diversion of management time on acquisition-related issues; the ability to enter into and/or close additional acquisitions; the availability of and access to capital on terms acceptable to us; increased regulatory requirements and supervision that will apply as a result of our exceeding $10 billion in total assets; recently enacted and potential legislation and regulation affecting the financial services industry; changes in U.S. governmental monetary and fiscal policies, as well as legislative and regulatory changes; increases in competitive pressures among financial institutions and businesses offering similar products and services; higher defaults on our loan portfolio than we expect; changes in management’s estimate of the adequacy of the allowance for loan losses; the effect of changes in accounting policies and practices and auditing requirements; management’s estimates and projections of interest rates and interest rate policy; the ability to keep pace with technological changes, including changes regarding cybersecurity; an increase in the incidence or severity of fraud, illegal payments, security breaches or other illegal acts impacting our bank subsidiary or our customers; the execution of our business plan; and factors described in reports we file with the SEC, including those factors set forth in “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2016. We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements set forth in this release to reflect new information, future events or otherwise.
FOR MORE INFORMATION CONTACT:
Jennifer C. Floyd
Chief Accounting Officer & Investor Relations Officer
Home BancShares, Inc.
(501) 339-2929

Read more...
Home BancShares, Inc. Announces First Quarter Earnings Release Date and Conference Call
CONWAY, Ark., March 29, 2017 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ:HOMB), parent company of Centennial Bank, today announced it expects to release First Quarter 2017 earnings before the market opens on April 20, 2017.  Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 ET) on Thursday, April 20, 2017.
We encourage all participants to pre-register for the conference call using the following link:  http://dpregister.com/10103407.  Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the live call.  Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email.  The Home BancShares conference call will also be automatically scheduled as an event in your Outlook calendar.Those without internet access or unable to pre-register may dial in and listen to the live call by calling 1-877-508-9586 and asking for the Home BancShares conference call.  A replay of the call will be available by calling 1-877-344-7529, Passcode: 10103407, which will be available until April 27, 2017 at 10:59 p.m. CT (11:59 ET).  Internet access to the call will be available live or in recorded version on the Company's website at www.homebancshares.com.Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City. The Company’s common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB”.This release contains forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors, including, but not limited to, economic conditions, credit quality, interest rates, loan demand, the ability to successfully integrate new acquisitions and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the forward-looking statements. Additional information on factors that might affect Home BancShares, Inc.'s financial results is included in its Annual Report on Form 10-K for the year ended December 31, 2016 filed with the Securities and Exchange Commission (the “SEC”) on February 28, 2017.
FOR MORE INFORMATION CONTACT:
Home BancShares, Inc.
Jennifer C. Floyd
Chief Accounting Officer &
Investor Relations Officer
(501) 339-2929

Read more...
Home BancShares, Inc. Announces Proposed $150 Million Subordinated Notes Offering

CONWAY, Ark., March 28, 2017 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ:HOMB) (“Home” or the “Company”), parent company of Centennial Bank, (“Centennial”), announced today that it plans to offer, subject to market and other offering conditions, $150 million of its fixed-to-floating rate subordinated notes due 2027 (the “Notes”) in an underwritten public offering. The Company intends to use the net proceeds for general corporate purposes, which may include investments at the holding company level, providing capital to support the growth of Centennial Bank, repurchases of common shares and the payment of the cash consideration components of future acquisitions. RBC Capital Markets, LLC is serving as sole book-running manager for the offering. The subordinated notes will be issued pursuant to a preliminary prospectus supplement filed today as part of an existing shelf registration statement filed with the Securities and Exchange Commission (“SEC”) on Form S-3. Home has filed a shelf registration statement (including a base prospectus) and a preliminary prospectus supplement relating to this offering with the SEC.  Prospective investors should read the registration statement (including the base prospectus), the preliminary prospectus supplement and other documents the Company has filed and will file with the SEC that are incorporated by reference into the registration statement and each prospectus supplement for more complete information about the Company and the offering, including the risks associated with the securities and the offering. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. The offering will be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from the investor relations section of Home's Web site at: www.homebancshares.com or from the SEC's Web site at: www.sec.gov.  Alternatively, you may obtain a copy of the prospectus supplement and accompanying prospectus for the offering by contacting: RBC Capital Markets, LLC, Attention: Fixed Income Syndicate, 3 World Financial Center, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, telephone (866) 375-6829. General Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Our wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.” This release and certain of our reports that we file with the Securities and Exchange Commission (“SEC”) contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements contained in this release reflect our current views about future events and financial performance and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results to differ significantly from historical results and those expressed in any forward-looking statement. Some factors that could cause actual results to differ materially from historical or expected results include, but are not limited to, changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; inflation, interest rate, market and monetary fluctuations; the effect of any acquisitions or other transactions to which we or our bank subsidiary may from time to time be a party, including our ability to successfully integrate any businesses that we acquire; the risk that expected cost savings and other benefits from acquisitions may not be fully realized or may take longer to realize than expected; the possibility that an acquisition does not close when expected or at all because required regulatory, shareholder or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all; the reaction to a proposed acquisition transaction of the respective companies’ customers, employees and counterparties; diversion of management time on acquisition-related issues; the ability to enter into and/or close additional acquisitions; the availability of and access to capital on terms acceptable to us; increased regulatory requirements and supervision that will apply as a result of our exceeding $10 billion in total assets; recently enacted and potential legislation and regulation affecting the financial services industry; changes in U.S. governmental monetary and fiscal policies, as well as legislative and regulatory changes; increases in competitive pressures among financial institutions and businesses offering similar products and services; higher defaults on our loan portfolio than we expect; changes in management’s estimate of the adequacy of the allowance for loan losses; the effect of changes in accounting policies and practices and auditing requirements; management’s estimates and projections of interest rates and interest rate policy; the ability to keep pace with technological changes, including changes regarding cybersecurity; an increase in the incidence or severity of fraud, illegal payments, security breaches or other illegal acts impacting our bank subsidiary or our customers; the execution of our business plan; and factors described in reports we file with the SEC, including those factors set forth in “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2016. We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements set forth in this release to reflect new information, future events or otherwise.
FOR MORE INFORMATION CONTACT:
Jennifer C. Floyd
Chief Accounting Officer &
Investor Relations Officer
Home BancShares, Inc.
(501) 339-2929

Read more...
Home BancShares, Inc. Announces Press Conference

CONWAY, Ark., March 27, 2017 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ:HOMB), parent company of Centennial Bank, today announced it has scheduled a public press conference to be held at 3:05 p.m. CDT (4:05 EDT) today at the Little Rock Regional Chamber. Interested parties can listen to this press conference live via the internet by accessing the URL http://services.choruscall.com/links/homb170327pc.html. Additionally, a video replay of the press conference will be available at www.my100bank.com and www.homebancshares.com later this evening.  
Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Our wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.”
FOR MORE INFORMATION CONTACT:

Jennifer C. Floyd
Chief Accounting Officer &
Investor Relations Officer
Home BancShares, Inc.
(501) 339-2929

Read more...
Two of the Best Banks in America Join Forces in Bank Merger
CONWAY, Ark. and POMPANO BEACH, Fla., March 27, 2017 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ:HOMB) (“Home” or the “Company”), parent company of Centennial Bank, (“Centennial”), and Stonegate Bank (NASDAQ:SGBK) (“Stonegate”), headquartered in Pompano Beach, Florida, today announced the signing of a definitive agreement and plan of merger for Home to acquire Stonegate. Under the terms of the agreement, Stonegate will merge into Centennial and shareholders of Stonegate will receive proceeds from the transaction of approximately $749.8 million, consisting of approximately $50.0 million in cash and approximately $699.8 million of Home common stock.  In addition, the holders of outstanding stock options of Stonegate will receive approximately $28.6 million in cash in cancellation of their options immediately before the merger, for a total transaction value of approximately $778.4 million.
Stonegate currently operates 25 branch locations in key Florida markets with significant presence in Broward and Sarasota counties.  As of December 31, 2016, Stonegate had approximately $3.1 billion in total assets, $2.5 billion in total loans, and $2.7 billion in deposits.1  Upon completion of the acquisition, the Company will have approximately $13.5 billion in total assets.2 Home and Stonegate were both recently awarded a 2016 Raymond James Community Bankers Cup award.  The Raymond James Community Bankers Cup awards recognized the top 28 community banks with assets between $500 million and $10 billion based on various profitability, operational efficiency, and balance sheet metrics. In addition, Forbes recently named Home as the 8th best bank in America among banks with assets from $8 billion to $2.5 trillion.“The acquisition of Stonegate is a game-changer for Home in the Florida market. Stonegate is a top tier franchise with high profitability and has the perfect footprint to enhance Home’s presence in Florida,” said John Allison, Home’s Chairman.  “This is another ‘Triple A’ transaction for Home:  accretive to earnings per share, accretive to book value and accretive to tangible book value.  Our shareholders will benefit on day one as we will be stronger together.  Dave Seleski, Stonegate’s CEO, leads a terrific team of bankers and we all look forward to welcoming them to Home.”“We are excited to join Home BancShares and Centennial Bank,” said Dave Seleski, Stonegate’s Chief Executive Officer.  “Home and Stonegate are two very high performing franchises with a similar operating philosophy and customer focus. This is a great combination for our shareholders, customers and communities.”“I have known and admired Dave Seleski and Stonegate for a long time. This transaction is the perfect fit for our Florida operation and is financially attractive to both parties,” said Tracy French, Centennial’s Chief Executive Officer.  “More importantly, the organizational values of Stonegate, and its people, align very well with those of Home and we are all committed to providing Stonegate’s customers with the highest quality customer service that Centennial customers are accustomed to.”The acquisition is expected to close in the fourth quarter of 2017 and is subject to Home and Stonegate shareholder approval, regulatory approval, and other conditions set forth in the merger agreement.  Additional InformationThe Company’s executive management will host an investor conference call today, March 27, 2017 at 4:00 pm CDT (5:00 EDT).  Interested parties can listen to this call by calling 1-877-508-9586 and asking for the Home BancShares conference call.  A replay of the call will be available by calling 1-877-344-7529, Passcode: 10103902, which will be available until April 3, 2017 at 8:00 a.m. CDT (9:00 EDT).  Internet access to the call will be available live or in recorded version on the Company's website at www.homebancshares.com.We encourage all participants to pre-register for the conference call using the following link: http://dpregister.com/10103902. Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the live call.  Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email.  The Home BancShares conference call will also be automatically scheduled as an event in your Outlook calendar.Additional information regarding the acquisition is provided in a supplemental presentation available on the Company's website at www.homebancshares.com, under the “Investor Relations” section.Until Centennial and Stonegate convert to a single operating system, which is anticipated to occur in October 2017, Centennial and Stonegate customers should continue to do business at their current Centennial or Stonegate branches.  Customers of both banks, however, will be able to use Centennial and Stonegate ATMs free of charge in the near future.In connection with the acquisition of Stonegate, Home intends to file with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 (the “Registration Statement”) to register the shares of Home common stock to be issued to shareholders of Stonegate in connection with the transaction. The Registration Statement will include a Joint Proxy Statement of Home and Stonegate and a Prospectus of Home, as well as other relevant materials regarding the proposed merger transaction involving Home and Stonegate. INVESTORS AND SECURITY HOLDERS OF HOME AND STONEGATE ARE ADVISED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE MERGER OR INCORPORATED BY REFERENCE IN THE JOINT PROXY STATEMENT/PROSPECTUS BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING THE PROPOSED MERGER TRANSACTION. Investors and security holders may obtain free copies of these documents, once they are filed, and other documents filed with the SEC on the SEC's website at http://www.sec.gov. Investors and security holders may also obtain free copies of the documents filed with the SEC by Home at Home’s website at http://www.homebancshares.com, Investor Relations, or by contacting Jennifer Floyd, by telephone at (501) 339-2929.Home and Stonegate and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Home and Stonegate in connection with the merger transaction. Information about the directors and executive officers of Home and their ownership of Home common stock is set forth in the proxy statement for Home’s 2017 Annual Meeting of Shareholders, as filed with the SEC on Schedule 14A on March 1, 2017. Information about the directors and executive officers of Stonegate and their ownership of Stonegate common stock will be set forth in the Joint Proxy Statement/Prospectus to be included in the Registration Statement. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the Joint Proxy Statement/Prospectus regarding the merger transaction. Free copies of this document may be obtained as described in the preceding paragraph when it becomes available.Home’s legal advisor on the transaction was Mitchell, Williams, Selig, Gates & Woodyard, PLLC, and RBC Capital Markets, LLC provided financial advice.  Stonegate was advised by Keefe, Bruyette & Woods and the law firm of Squire Patton Boggs, and Hovde Group, LLC issued a fairness opinion to the Board of Directors of Stonegate.GeneralHome BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Our wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.”This release contains forward-looking statements which include, but are not limited to, statements about the benefits of the business combination transaction involving Home and Stonegate, including the combined company’s future financial and operating results, plans, expectations, goals and outlook for the future. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements, including, but not limited to, (i) the possibility that the acquisition does not close when expected or at all because required regulatory, shareholder or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all; (ii) changes in Home’s stock price before closing, (iii) the risk that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Home and Stonegate operate; (iv) the ability to promptly and effectively integrate the businesses of Home and Stonegate; (v) the reaction to the transaction of the companies’ customers, employees and counterparties; and (vi) diversion of management time on acquisition-related issues.  Additional information on factors that might affect Home BancShares, Inc.'s financial results is included in its Annual Report on Form 10-K for the year ended December 31, 2016, filed with the SEC on February 28, 2017.1  Stonegate values pro-forma for recently closed acquisition of Insignia Bank.
2 Home BancShares values pro-forma for recently closed acquisitions of Giant Holdings, Inc. and The Bank of Commerce and proposed acquisition of Stonegate.
FOR MORE INFORMATION CONTACT

Home BancShares, Inc.
Jennifer C. Floyd
Investor Relations Officer
(501) 339-2929

Centennial Bank
Tracy French
Chief Executive Officer
(501) 941-4278

Stonegate Bank
Dave Seleski
Chief Executive Officer
(954) 315-5510

Read more...

Ratios

vs
industry
vs
history
PE Ratio 18.77
HOMB's PE Ratio is ranked lower than
69% of the 1552 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.61 vs. HOMB: 18.77 )
Ranked among companies with meaningful PE Ratio only.
HOMB' s PE Ratio Range Over the Past 10 Years
Min: 12.77  Med: 20.91 Max: 62.47
Current: 18.77
12.77
62.47
Forward PE Ratio 18.08
HOMB's Forward PE Ratio is ranked lower than
73% of the 384 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.67 vs. HOMB: 18.08 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 18.77
HOMB's PE Ratio without NRI is ranked lower than
69% of the 1551 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.65 vs. HOMB: 18.77 )
Ranked among companies with meaningful PE Ratio without NRI only.
HOMB' s PE Ratio without NRI Range Over the Past 10 Years
Min: 12.88  Med: 20.99 Max: 66.38
Current: 18.77
12.88
66.38
Price-to-Owner-Earnings 17.17
HOMB's Price-to-Owner-Earnings is ranked lower than
64% of the 906 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.97 vs. HOMB: 17.17 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
HOMB' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.85  Med: 16.78 Max: 5270
Current: 17.17
6.85
5270
PB Ratio 2.41
HOMB's PB Ratio is ranked lower than
91% of the 1629 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.19 vs. HOMB: 2.41 )
Ranked among companies with meaningful PB Ratio only.
HOMB' s PB Ratio Range Over the Past 10 Years
Min: 1.03  Med: 1.73 Max: 3.73
Current: 2.41
1.03
3.73
PS Ratio 6.75
HOMB's PS Ratio is ranked lower than
89% of the 1612 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.37 vs. HOMB: 6.75 )
Ranked among companies with meaningful PS Ratio only.
HOMB' s PS Ratio Range Over the Past 10 Years
Min: 2.77  Med: 4.67 Max: 9.24
Current: 6.75
2.77
9.24
Price-to-Free-Cash-Flow 17.31
HOMB's Price-to-Free-Cash-Flow is ranked lower than
74% of the 880 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.48 vs. HOMB: 17.31 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
HOMB' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.28  Med: 14.38 Max: 441.82
Current: 17.31
7.28
441.82
Price-to-Operating-Cash-Flow 16.71
HOMB's Price-to-Operating-Cash-Flow is ranked lower than
79% of the 959 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.18 vs. HOMB: 16.71 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
HOMB' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 6.84  Med: 13.25 Max: 70.29
Current: 16.71
6.84
70.29
EV-to-EBIT 15.83
HOMB's EV-to-EBIT is ranked lower than
63% of the 1272 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.20 vs. HOMB: 15.83 )
Ranked among companies with meaningful EV-to-EBIT only.
HOMB' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.2  Med: 18.4 Max: 79.2
Current: 15.83
6.2
79.2
EV-to-EBITDA 14.53
HOMB's EV-to-EBITDA is ranked lower than
63% of the 1277 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.93 vs. HOMB: 14.53 )
Ranked among companies with meaningful EV-to-EBITDA only.
HOMB' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.7  Med: 16.1 Max: 43.8
Current: 14.53
5.7
43.8
PEG Ratio 0.79
HOMB's PEG Ratio is ranked higher than
72% of the 853 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.41 vs. HOMB: 0.79 )
Ranked among companies with meaningful PEG Ratio only.
HOMB' s PEG Ratio Range Over the Past 10 Years
Min: 0.38  Med: 0.68 Max: 44.07
Current: 0.79
0.38
44.07
Shiller PE Ratio 40.38
HOMB's Shiller PE Ratio is ranked lower than
88% of the 510 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.16 vs. HOMB: 40.38 )
Ranked among companies with meaningful Shiller PE Ratio only.
HOMB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.15  Med: 42.55 Max: 52.27
Current: 40.38
33.15
52.27

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 1.49
HOMB's Dividend Yield % is ranked lower than
77% of the 2337 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.66 vs. HOMB: 1.49 )
Ranked among companies with meaningful Dividend Yield % only.
HOMB' s Dividend Yield % Range Over the Past 10 Years
Min: 0.1  Med: 1.08 Max: 1.81
Current: 1.49
0.1
1.81
Dividend Payout Ratio 0.28
HOMB's Dividend Payout Ratio is ranked higher than
59% of the 1342 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.32 vs. HOMB: 0.28 )
Ranked among companies with meaningful Dividend Payout Ratio only.
HOMB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13  Med: 0.26 Max: 0.45
Current: 0.28
0.13
0.45
3-Year Dividend Growth Rate 33.20
HOMB's 3-Year Dividend Growth Rate is ranked higher than
90% of the 805 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. HOMB: 33.20 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
HOMB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 22.05 Max: 71
Current: 33.2
0
71
Forward Dividend Yield % 1.49
HOMB's Forward Dividend Yield % is ranked lower than
81% of the 2234 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.88 vs. HOMB: 1.49 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 6.42
HOMB's 5-Year Yield-on-Cost % is ranked higher than
76% of the 2672 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.41 vs. HOMB: 6.42 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
HOMB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.43  Med: 4.68 Max: 7.85
Current: 6.42
0.43
7.85
3-Year Average Share Buyback Ratio -2.60
HOMB's 3-Year Average Share Buyback Ratio is ranked lower than
54% of the 1086 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.80 vs. HOMB: -2.60 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
HOMB' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -50.6  Med: -7.75 Max: 0.2
Current: -2.6
-50.6
0.2

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 3.48
HOMB's Price-to-Tangible-Book is ranked lower than
95% of the 1621 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.27 vs. HOMB: 3.48 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
HOMB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52  Med: 2.16 Max: 4.7
Current: 3.48
1.52
4.7
Price-to-Intrinsic-Value-Projected-FCF 0.97
HOMB's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
68% of the 916 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.78 vs. HOMB: 0.97 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
HOMB' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.59  Med: 1.05 Max: 1.68
Current: 0.97
0.59
1.68
Price-to-Intrinsic-Value-DCF (Earnings Based) 0.66
HOMB's Price-to-Intrinsic-Value-DCF (Earnings Based) is ranked higher than
64% of the 145 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.87 vs. HOMB: 0.66 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
N/A
Price-to-Median-PS-Value 1.45
HOMB's Price-to-Median-PS-Value is ranked lower than
78% of the 1561 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.13 vs. HOMB: 1.45 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
HOMB' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.65  Med: 0.99 Max: 1.93
Current: 1.45
0.65
1.93
Price-to-Peter-Lynch-Fair-Value 0.79
HOMB's Price-to-Peter-Lynch-Fair-Value is ranked higher than
68% of the 464 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.15 vs. HOMB: 0.79 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
HOMB' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.38  Med: 0.8 Max: 6.77
Current: 0.79
0.38
6.77
Price-to-Graham-Number 1.70
HOMB's Price-to-Graham-Number is ranked lower than
91% of the 1460 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.94 vs. HOMB: 1.70 )
Ranked among companies with meaningful Price-to-Graham-Number only.
HOMB' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.03  Med: 1.64 Max: 2.57
Current: 1.7
1.03
2.57
Earnings Yield (Greenblatt) % 6.32
HOMB's Earnings Yield (Greenblatt) % is ranked higher than
52% of the 1671 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.85 vs. HOMB: 6.32 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
HOMB' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 1.3  Med: 5.4 Max: 16
Current: 6.32
1.3
16
Forward Rate of Return (Yacktman) % 29.29
HOMB's Forward Rate of Return (Yacktman) % is ranked higher than
82% of the 955 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.14 vs. HOMB: 29.29 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
HOMB' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 1.4  Med: 28.8 Max: 51.8
Current: 29.29
1.4
51.8

More Statistics

Revenue (TTM) (Mil) $506.80
EPS (TTM) $ 1.29
Beta0.91
Short Percentage of Float6.69%
52-Week Range $18.32 - 29.69
Shares Outstanding (Mil)143.44

Analyst Estimate

Dec17 Dec18
Revenue (Mil $)
EPS ($) 1.34 1.61
EPS without NRI ($) 1.34 1.61
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 0.36 0.44
» More Articles for HOMB

Headlines

Articles On GuruFocus.com
Home BancShares, Inc. to Join S&P MidCap 400 May 31 2017 
Home BancShares Set to Join S&P MidCap 400 and Chatham Lodging Trust to Join S&P SmallCap 600 May 30 2017 
Home BancShares, Inc. to Present at the 2017 Gulf South Bank Conference May 01 2017 
Home BancShares, Inc. Announces Second Quarter Cash Dividend Apr 26 2017 
8 Undervalued Stocks With Growing Book Values Apr 18 2017 
Home BancShares, Inc. Announces Completion of Subordinated Notes Offering Apr 03 2017 
Home BancShares, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering Mar 30 2017 
Home BancShares, Inc. Announces First Quarter Earnings Release Date and Conference Call Mar 29 2017 
Home BancShares, Inc. Announces Proposed $150 Million Subordinated Notes Offering Mar 28 2017 
Home BancShares, Inc. Announces Press Conference Mar 27 2017 

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Home Bancshares, Inc. (Arkansas) breached its 50 day moving average in a Bullish Manner : HOMB-US :... Jun 12 2017
Home Bancshares, Inc. (Arkansas) :HOMB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017 Jun 01 2017
Home BancShares, Inc. to Join S&P MidCap 400 May 31 2017
Home BancShares Set to Join S&P MidCap 400 and Chatham Lodging Trust to Join S&P SmallCap 600 May 30 2017
Home Bancshares, Inc. (Arkansas) : HOMB-US: Dividend Analysis : May 17th, 2017 (record date) : By... May 18 2017
Home BancShares, Inc. to Present at the 2017 Gulf South Bank Conference May 01 2017
Home BancShares, Inc. Announces Second Quarter Cash Dividend Apr 26 2017
Edited Transcript of HOMB earnings conference call or presentation 20-Apr-17 6:00pm GMT Apr 22 2017
Home BancShares posts 1Q profit Apr 20 2017
Home BancShares, Inc. Announces a 13.8% Increase in First Quarter Earnings Per Share Apr 20 2017
8 Undervalued Stocks With Growing Book Values Apr 18 2017
Home BancShares, Inc. Announces Completion of Subordinated Notes Offering Apr 03 2017
Home Bancshares, Inc. (Arkansas) breached its 50 day moving average in a Bullish Manner : HOMB-US :... Mar 31 2017
Home BancShares, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering Mar 30 2017
Home BancShares, Inc. Announces First Quarter Earnings Release Date and Conference Call Mar 29 2017
This Rich Bank Deal Is No Big Stretch Mar 28 2017
Home BancShares, Inc. Announces Proposed $150 Million Subordinated Notes Offering Mar 28 2017

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