Tagged: johnny allison

Home BancShares to Buy Bank of Commerce in Florida

by Lance Turner 11/17/2016 2:18 pm

A bankruptcy court in Florida declares Home BancShares Inc. of Conway the successful bidder to buy The Bank of Commerce, a Florida state-chartered bank that operates in the Sarasota area.

Home BancShares' Johnny Allison Dropped Hints of Florida Bank Deal

by Arkansas Business Staff 11/14/2016 12:00 am

Chairman Johnny Allison offered a sly comment during a July interview that may have foreshadowed Home BancShares' recent $88.5 million deal for Giant Holdings Inc., the parent of Landmark Bank of Fort Lauderdale, Florida.

Home BancShares 3Q Profit Up 22 Percent

by Lance Turner 10/20/2016 7:06 am

Home BancShares Inc. of Conway reports record quarterly profit of $43.6 million, up 22 percent from the same quarter last year.

Business Icons: Johnny Allison Backs Talk With Banking Performance

by Gwen Moritz 8/8/2016 12:00 am

Johnny Allison is chairman of Home BancShares Inc. of Conway, the parent company of Centennial Bank, indisputably one of the best-performing banks in the country. He’s its biggest shareholder, with stock worth about $200 million, and he says his job these days is to impose discipline on a bank that is one of the most efficient money-makers despite completing 19 acquisitions between 2003 and 2015 that have pushed its assets to nearly $10 billion.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state’s business community.

What’s Your Legacy? (Editorial)

by Arkansas Business Editors 8/8/2016 12:00 am

Even among Arkansas Business’ largely affluent readers, few have the resources to make million-dollar donations, but many of our readers are business owners and employers, and every job they provide supports an individual or a family.

Johnny Allison Plays Market for Gains After Brexit 'Bank Sale'

by Arkansas Business Staff 7/25/2016 12:00 am

The U.K.’s June 23 vote to leave the European Union, which sent a brief shockwave through the U.S. stock market, presented Home BancShares Inc. CEO Johnny Allison with an opportunity to do some bank investing.

Mike Beebe Joins Board of Home BancShares, Stock to Split in June

by Gwen Moritz 4/22/2016 7:39 am

Former Gov. Mike Beebe has been named to the board of directors of Home BancShares Inc., the publicly traded parent company of Centennial Bank that is headed by his college fraternity brother, Chairman John Allison.

Home BancShares 1Q Net Income Up 33 Percent

by Alexis Crowe 4/21/2016 9:10 am

Home BancShares Inc. of Conway on Thursday announced record first-quarter net income of $41.4 million for the quarter ended March 31, a 33 percent increase compared to the same period in 2015.

Arkansas Business Power List 2016: Banking & Finance

by Arkansas Business Staff 3/21/2016 12:00 am

A banking and finance resource to help navigate the leadership of the largest Arkansas companies or institutions.

Stock Awards Help Boost Pay for 2 at Home BancShares

by Lance Turner 3/10/2016 11:17 am

An increase in stock awards helped boost total compensation for a pair of executives at Home BancShares Inc. of Conway, according to the firm's annual proxy statement filed March 4.

Home BancShares 4Q Net Income Up 25 Percent

by Alexis Crowe 1/21/2016 9:30 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $37.4 million, up 25 percent from the same quarter last year and its 19th straight quarter of record profit.

Big Arkansas Banks Gear Up For $10B Threshold

by George Waldon 1/18/2016 12:00 am

Not long ago, crossing the $10 billion-asset threshold for a bank was merely a big round-number achievement. Now, however, banks surpassing $10 billion in assets face additional costs, fee restrictions and new layers of regulatory oversight.

Arkansas Bankers Engage in Efficiency Contest

by George Waldon 10/26/2015 12:00 am

The sub-40 percent efficiency ratio, which has grown in profile in the post-2008 finance world, reflects how many pennies it costs a company to make a buck. The average efficiency ratio among all Arkansas banks through the first half of 2015 is about 70 percent.

Johnny Allison Not Shy About Tooting His Own Horn

by George Waldon 10/26/2015 12:00 am

Johnny Allison considered the first-time quarterly posting of a sub-40 percent efficiency ratio at Home BancShares Inc. worthy of some celebratory skylarking and corporate levity.

Home BancShares' 2Q Profit Up 19 Percent

by Lance Turner 7/16/2015 8:26 am

Home BancShares Inc. of Conway reports record quarterly profit of $33.9 million, or 50 cents per share, up 19 percent from the same quarter last year.

Bank Name Bingo (Gwen Moritz Editor's Note)

by Gwen Moritz 7/13/2015 12:00 am

Consolidation came first, but it was really the financial crisis of 2008 — or, more specifically, the expensive regulatory fallout of the crisis — that created a rush to rename banks. In the current environment, banks have to either acquire or be acquired. And banks that want to be acquirers need names that aren’t too geographically specific.

Home BancShares 1Q Profit UP 14 Percent

by Arkansas Business Staff 4/16/2015 11:24 am

Home BancShares Inc. of Conway on Thursday reported first-quarter net income of $31.1 million, up 14 percent from the same quarter last year.

Powered by Growth, Home BancShares Reports Record Annual, Quarterly Earnings

by Lance Turner 1/15/2015 8:29 am

Home BancShares Inc. of Conway, the parent company of Centennial Bank, on Thursday reported record annual and quarterly earnings as the bank holding company continued to grow through acquisitions.

Tracy French Named CEO of Centennial Bank

by Arkansas Business Staff 1/7/2015 4:27 pm

Tracy M. French has been promoted to president, CEO and director of Centennial Bank, replacing C. Randall "Randy" Sims, who will retain his title as CEO of Home BancShares. "I welcome this opportunity to step back from the bank level and focus my energy on holding company issues," Sims says in a news release.