Tagged: johnny allison

Home BancShares 4Q Net Income Up 25 Percent

by Alexis Hosticka 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.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

Johnny Allison Donates $5M to Arkansas State Athletics Department

by Lee Hogan 8/26/2014 4:06 pm

Johnny Allison, chairman of Home BancShares Inc. of Conway and an Arkansas State University alumnus, made the largest personal gift commitment in the A-State athletics department's history: $5 million.

Home BancShares Completes Purchase of Florida Traditions Bank

by Lance Turner 7/17/2014 2:01 pm

Home BancShares Inc. of Conway, the parent company of Centennial Bank, completes its previously announced acquisition of Florida Traditions Bank.

Another Record: Home BancShares' 2Q Profit Up 60 Percent

by Lance Turner 7/17/2014 8:30 am

Home BancShares Inc. of Conway reports second quarter profit of $28.4 million or 43 cents per share, another record and a 60 percent increase from the $17.7 million or 31 cents per share it reported in the same quarter last year.

Home BancShares Eyes Another Florida Bank, Expects More Acquisitions

by Rob Moritz 4/18/2014 7:55 am

Home BancShares Inc. of Conway is pursuing a deal to purchase Florida Traditions Bank, which has eight branches between Orlando and Tampa, Home BancShares Chairman Johnny Allison said Thursday night at the company's annual shareholders meeting in Little Rock.

Home BancShares' 1Q Profit A Record, Up 56 Percent

by Lance Turner 4/17/2014 10:52 am

Home BancShares Inc. of Conway on Thursday announced another record quarterly profit as it continues to integrate the operations of Liberty Bancshares Inc. of Jonesboro.

Kidnapped! Johnny Allison Describes Shocking Incident That Changed His Life

by John Haman and David Smith 3/31/2014 12:00 am

Johnny Allison, the manufactured-home magnate who apparently was kidnapped June 5 by escaped convict James Avery Slack and escaped by crashing his car into a dump truck, spoke to Arkansas Business about the ordeal after returning home to Conway last week.

Compensation Unchanged for Most Home BancShares Execs

by George Waldon 3/4/2014 3:38 pm

The 2013 compensation packages among the five top executives at Home BancShares Inc. of Conway didn't grow except for one: Tracy French, regional president of Centennial Bank, was awarded an 18 percent increase.

Johnny Allison's Mardi Gras, Moon Pie Memories in Mobile with ASU Win

by Arkansas Business Staff 1/20/2014 12:00 am

Johnny Allison, chairman of Home BancShares Inc. of Conway, didn’t exactly confirm the dollar amount supplied by a tipster. He didn’t exactly deny it either.

$100 Million-Plus Deals Dominate Biggest Deals of 2013 List

by Jan Cottingham 1/20/2014 12:00 am

The number of high-value mergers and acquisitions in Arkansas — those believed to be worth $9 million or more — dropped in 2013 to 73 compared with 80 in 2012. But the number of really high-value deals — those worth $100 million or more — jumped from 14 in 2012 to 26 in 2013.

Johnny Allison Among Magazine's Community Bankers of the Year

by Lance Turner 11/21/2013 10:51 am

Johnny Allison, chairman of Home BancShares Inc. of Conway, is one of three honored as "Community Bankers of the Year" by American Banker, one of the financial services industry's top trade publications.