Quarterly ResultJul 15, 2026, 05:17 PM
Home BancShares Q2 Net Income $119.3M, Adj. EPS $0.64; Revenue $295.1M
AI Summary
Home BancShares reported strong second-quarter 2026 results, with net income of $119.3 million and adjusted diluted earnings per share of $0.64. The company achieved a record total net revenue of $295.1 million, driven by growth in net interest income and non-interest income. The quarter's performance was significantly influenced by the acquisition of Mountain Commerce Bancorp, Inc., which contributed to balance sheet expansion and revenue, despite incurring $12.7 million in merger-related expenses. Home BancShares also saw an increase in book value per share and continued capital return through share repurchases.
Key Highlights
- Adjusted diluted EPS was $0.64, up from $0.60 in Q1 2026.
- Net income totaled $119.3 million, compared to $118.2 million in Q1 2026.
- Total revenue (net) reached a record $295.1 million, increasing 10.6% from Q1 2026.
- Completed acquisition of Mountain Commerce Bancorp, Inc., adding $1.47 billion in loans.
- Incurred $12.7 million in merger-related expenses during the quarter.
- Book value per share increased to a record $22.68 from $22.15 in Q1 2026.
- Repurchased 1.5 million shares of common stock, a 0.77% shareholder buyback yield.
- Net interest margin (NIM) remained stable at 4.51%.
Price Impact
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