Tracy French
Home BancShares’ Q2 Income Slides on Special Assessment, Credit Concerns
Net income was $101.5 million, down 3.6% from a year ago. Still, the results topped Wall Street expectations. read more >
Stephen Tipton Named CEO of Centennial Bank; Kevin Hester Named President
Tipton and Hester are stepping into roles held by Tracy French, who will remain as chair of Centennial Bank with a focus on special projects. read more >
Home BancShares Deposits Continue Sliding in Q2
The bank said it has been limiting its exposure to uninsured deposits in light of industry volatility. read more >
Home BancShares Touts Liquidity as Profit Rises 59% in Q1
Elsewhere in the company's earnings report, shrinking deposits reflected economic weakness. read more >
Despite Challenges, Home BancShares Still Happy with Foray Into Texas
In September 2021, Home BancShares announced they were acquiring Happy Bancshares of Texas in a $919 million deal. A year and a half later, they have no regrets. read more >
by George Waldon -
Arkansas Eyes Upon Texas Lending
The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
by George Waldon -
Home BancShares’ Q2 EPS Meet Wall Street Expectations
Home BancShares Inc. of Conway reports second-quarter profit of $79.1 million, up 26% from the same quarter last year. read more >
2020 Rocks Home Loans Amid COVID-19
The surprise tandem that made home sales especially memorable for residential realty companies last year made 2020 equally unforgettable for mortgage lenders. read more >
by George Waldon -
Arkansas Banks Face Down Problem Loans
Fayetteville’s Arvest Bank began the year wading through problem loans even before the effects of COVID-19 began to manifest. The $23.2 billion-asset lender recorded a $50.6 million loss in the first quarter. read more >
by George Waldon -
Arkansas Lenders Count the Cost of Grace
Arkansas bankers are wading into the numbers to gauge the health of their loan portfolios after extending an opening round of financial grace to customers. read more >
by George Waldon -
Home BancShares Calls 2Q ‘Best’ in 20 Years
Home BancShares Inc. of Conway reports what it calls the best quarter in its 20-year history, recording record revenue and net interest income while net income fell 13%. read more >
by Lance Turner -
Pandemic, Accounting Change Wipe Out Most of Home BancShares’ 1Q Earnings
The coronavirus pandemic and a change in accounting standards forced Home BancShares Inc. of Conway to reserve an extra $77 million for potential loan losses, sending first-quarter earnings down by more than 99%. read more >
by Gwen Moritz -
Arkansas Banks Ready for Opportunity Amid Chaos
The three publicly traded financial companies headquartered in Arkansas were jolted last month by the global market uncertainty, but executives are looking past the daily market prices to the future opportunities that could shake out of the coronavirus pandemic. read more >
by George Waldon -
Randy Sims Retires From Home BancShares
Home BancShares Inc. of Conway announces that long-time company executive Randy Sims has retired. read more >
Randy Sims Named Vice Chairman of Home BancShares
Home BancShares Inc. of Conway, parent company of Centennial Bank, said Friday that Randy Sims, CEO and president of Home BancShares, has been named to vice chairman of Home BancShares and executive chairman of Centennial Bank. read more >
Home BancShares’ Proxy Shows Most Execs with Pay Increases
Home BancShares Inc. Chairman Johnny Allison received a $4.7 million compensation package in fiscal 2018, down from $4.8 million in the previous year, according to the company's preliminary proxy statement. read more >
Home BancShares 3Q Profit Another Record
Greater regulatory costs and expenses associated with a company performance goal weren't enough to keep Home BancShares Inc. of Conway from reporting on Thursday another quarter or record profit. read more >
by Lance Turner -
Property & Casualty Holds No Luster for Most Lenders
After a path was cleared for banks to get into the insurance business, few Arkansas lenders jumped in. read more >
by George Waldon -
Pay Package for Allison Up 34 Percent in 2016
Home BancShares Inc. Chairman Johnny Allison led the way for executive compensation at the $14.4 billion-asset banking concern during 2017. read more >
by George Waldon -
One-Time Charges Cap Big 2017 for Home BancShares
Excluding expenses tied to mergers and a hurricane, Home BancShares Inc. of Conway finished 2017 with annual profit of more than $200 million and assets of more than $14 billion. read more >
by Lance Turner -