Quarterly ResultMay 5, 2026, 04:10 PM
Home BancShares Q1 Net Income $118.2M; EPS $0.60; Completes MCBI Merger
AI Summary
Home BancShares reported a net income of $118.2 million for the first quarter of 2026, an increase from $115.2 million in the prior year. Diluted earnings per share rose to $0.60 from $0.58. The company also completed its merger with Mountain Commerce Bancorp, Inc. on April 1, 2026, issuing approximately 5.4 million shares of common stock valued at $146 million.
Key Highlights
- Net income increased to $118.2 million in Q1 2026 from $115.2 million in Q1 2025.
- Diluted EPS rose to $0.60 in Q1 2026 from $0.58 in Q1 2025.
- Net interest income grew to $223.9 million in Q1 2026 from $214.7 million in Q1 2025.
- Total assets reached $23.20 billion as of March 31, 2026, up from $22.88 billion at December 31, 2025.
- Total deposits increased to $17.74 billion as of March 31, 2026, from $17.48 billion at December 31, 2025.
- Cash dividends declared were $0.210 per share in Q1 2026, up from $0.195 per share in Q1 2025.
- Completed the acquisition of Mountain Commerce Bancorp, Inc. on April 1, 2026, issuing 5.4 million shares.