Home BancShares Income Falls 9% in Q3
Deposits continued sliding in the quarter and are now down 15% since the company's acquisition of Happy Bancshares Inc. last year. read more >
Deposits continued sliding in the quarter and are now down 15% since the company's acquisition of Happy Bancshares Inc. last year. read more >
The bank said it has been limiting its exposure to uninsured deposits in light of industry volatility. read more >
Elsewhere in the company's earnings report, shrinking deposits reflected economic weakness. read more >
“It’s obvious all banks are not created equal," Chairman John Allison said. read more >
"We continue to keep the Company positioned to weather the storm, when and if it hits,” CEO John Allison said. read more >
Earnings were affected by the company's acquisition of Happy Bancshares of Texas. read more >
Chairman & CEO John Allison said the quarter was "one of the most volatile quarters on record during my business career." read more >
The $581 million deal gives Simmons $28 billion in assets, enough to surpass Arvest as the state's largest bank. read more >
The final value of the transaction was $962 million, higher than initially estimated. read more >
The acquisition is expected to close in April. read more >
The company's fourth-quarter net income of $73.4 million was down 10.3% from last year. read more >
The $919 million deal remains on track to be completed in the first quarter of 2022. read more >
The banking company's last day on the NASDAQ will be Nov. 19. read more >
Happy sums up big deal for Home BancShares CEO John W. Allison. read more >
Profit for the quarter was up 8% compared to last year. read more >
Acquisition has fueled boat and recreational vehicle loan growth at the two largest banking franchises headquartered in Arkansas. read more >
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. read more >
Stephen Tipton has been named the new Chief Operating Officer for Home BancShares and Centennial Bank. read more >
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. read more >
Home BancShares Inc. of Conway, the parent company of Centennial Bank of Conway, announced Thursday the completion of its acquisition of Broward Financial Holdings Inc. read more >
