Home BancShares Inc.

Company Website:
http://www.homebancshares.com/

Home BancShares Inc. of Conway is the holding company for Centennial Bank, which offers commercial and retail banking operations in Arkansas, Florida and Alabama. It is led by John W. Allison, its chairman and a long-time fixture of the Arkansas banking community.

Allison and an investor group including Robert H. "Bunny" Adcock Jr. formed Home BancShares in 1998. The company established First State Bank in Conway in 1999, and spent the next nine years forming, buying and integrating Community Bank, Bank of Mountain View, Twin City Bank, Marine Bank and Centennial Bank.

In 2009, the company completed a year-long plan to collapse six bank charters - five in Arkansas and one in Florida - into a single charter and unite its banking operations under the Centennial name.

Beginning that same year, Home BancShares began expanding operations into Florida and Alabama with a string of FDIC-assisted acquisitions. Allison called the chance for Arkansas banks to snap up failing banks hundreds of miles away a "generational opportunity.” The company reported full-year 2011 net income of $54 million.

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Davy Carter Named EVP for Home BancShares

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Carter, who is serving his third term in the state legislature, formerly served as division president for Centennial Bank in Cabot, where he remains a member of the local bank board. read more >

Stephen Tipton Named SVP at Centennial Bank (Movers & Shakers)

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Stephen Tipton has been promoted to senior vice president and credit risk management director of Centennial Bank and its parent company, Home BancShares Inc., in Conway. Tipton, a University of Arkansas business graduate, has worked for Centennial for seven years and has experience in retail, business development and lending. read more >

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Assets held by banks headquartered in Arkansas grew by 4.75 percent to $61.3 billion during 2012 even as the number of individual charters remained almost stable. read more >

Home BancShares Announces Stock Split, Quarterly Dividend Hike

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Chairman John Allison had a couple of surprises for shareholders who attended Home BancShares Inc.'s annual meeting in Conway Thursday night: Their stock will be split 2-for-1 on May 22, and their quarterly dividend will be increased from 13 cents to 15 cents per share. read more >

Home BancShares' 1Q Profit Up 21 Percent to $17.5M

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Home BancShares Inc. of Conway on reports first-quarter net income of $17.5 million, up 21 percent from $14.5 million during the same quarter last year. read more >

Bank Failures, Acquisitions Slowing Down

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The flood of FDIC-assisted bank acquisitions that Johnny Allison once called a “generational opportunity” for his Home BancShares Inc. of Conway has slowed to a trickle. read more >

Home BancShares Execs See Bigger Bonuses, Stock Options

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Home BancShares Inc. of Conway releases its 2013 proxy statement, showing that executives cashed in on bigger bonuses and stock options. read more >

Bank of the Ozarks, Home Bancshares, Simmons Rake In Nice Profits for 2012

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Home BancShares Reports Record Annual, Quarterly Net Income

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Home BancShares Inc. of Conway reports record net income for the year and a 20 percent jump in net income in the last quarter over the previous year. read more >

Davy Carter Leaving Job at Centennial Bank

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Davy Carter of Cabot, Speaker of the House of the state Legislature, says he's leaving his job at Centennial Bank, a subsidiary of Home BancShares Inc. of Conway. read more >

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Home BancShares Inc. of Conway declares an extra dividend and completes its $1.4 million purchase of Premier Bank of Tallahassee, Fla., first announced in August. read more >

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Southeastern moves have taken two of the largest banks in Arkansas to new heights. Largely fueled by FDIC-assisted transactions, Conway's Centennial Bank and Little Rock's Bank of the Ozarks have carved out sizable expansions in Florida and Georgia. read more >

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