Quarterly ResultJul 15, 2026, 05:21 PM
Home BancShares Q2 Revenue $295.1M; Adjusted EPS $0.64
AI Summary
Home BancShares reported record second-quarter 2026 results, driven by the successful acquisition of Mountain Commerce Bancorp. The company achieved a record adjusted net income of $128.1 million and record total net revenue of $295.1 million, despite incurring $12.7 million in merger-related expenses. The acquisition significantly boosted loan and deposit growth, contributing to strong profitability and an increase in book value per share.
Key Highlights
- Adjusted net income reached a record $128.1 million, up 8.4% from prior quarter.
- Total revenue (net) hit a record $295.1 million, increasing 10.6% from Q1 2026.
- Diluted earnings per share, as adjusted, was $0.64.
- Mountain Commerce Bancorp acquisition contributed $1.47 billion in loans and $921.3 million in interest-bearing deposits.
- Incurred $12.7 million in merger-related expenses during the quarter.
- Book value per share increased to $22.68, and tangible book value per share to $15.32.
- Repurchased 1.5 million shares of common stock, equating to a 0.77% shareholder buyback yield.
- Paid a quarterly dividend of $0.21 per share.
Price Impact
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