---
title: "Record Revenue and Successful Mountain Commerce Bancorp Acquisition Drive Strong Second Quarter Results for HOMB | HOMB Stock News"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292818784.md"
description: "Home BancShares (HOMB) reported record Q2 2026 results, driven by the completed acquisition of Mountain Commerce Bancorp. Adjusted net income reached a record $128.1 million, and total net revenue hit $295.1 million. The company achieved a record adjusted PPNR of $171.2 million, with diluted EPS of $0.64. Strong performance was attributed to loan growth, deposit expansion from the acquisition, and stable margins, despite $12.7 million in merger expenses."
datetime: "2026-07-15T13:15:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292818784.md)
  - [en](https://longbridge.com/en/news/292818784.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292818784.md)
---

# Record Revenue and Successful Mountain Commerce Bancorp Acquisition Drive Strong Second Quarter Results for HOMB | HOMB Stock News

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CONWAY, Ark., July 15, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.

**Quarterly Highlights**

**Metric**

**Q2 2026**

**Q1 2026**

**Q4 2025**

**Q3 2025**

**Q2 2025**

Net income

$119.3 million

$118.2 million

$118.2 million

$123.6 million

$118.4 million

Net income, as adjusted (non-GAAP)(1)

$128.1 million

$118.2 million

$117.9 million

$119.7 million

$114.6 million

Total revenue (net)

$295.1 million

$266.7 million

$282.1 million

$277.7 million

$271.0 million

Income before income taxes

$154.4 million

$152.2 million

$153.3 million

$159.3 million

$152.0 million

Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1)

$159.6 million

$152.7 million

$167.7 million

$162.8 million

$155.0 million

PPNR, as adjusted (non-GAAP)(1)

$171.2 million

$152.7 million

$167.1 million

$157.7 million

$150.4 million

Pre-tax net income to total revenue (net)

52.32%

57.08%

54.35%

57.38%

56.08%

Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1)

56.27%

57.06%

54.14%

55.53%

54.39%

P5NR(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1)

54.08%

57.27%

59.46%

58.64%

57.19%

P5NR, as adjusted (non-GAAP)(1)

58.03%

57.25%

59.25%

56.80%

55.49%

ROA

1.95%

2.09%

2.06%

2.17%

2.08%

ROA, as adjusted (non-GAAP)(1)

2.09%

2.09%

2.05%

2.10%

2.02%

NIM

4.51%

4.51%

4.61%

4.56%

4.44%

Purchase accounting accretion

$3.6 million

$1.1 million

$1.3 million

$1.3 million

$1.2 million

ROE

10.55%

11.09%

11.04%

11.91%

11.77%

ROE, as adjusted (non-GAAP)(1)

11.32%

11.08%

11.01%

11.54%

11.39%

ROTCE (non-GAAP)(1)

15.67%

16.56%

16.65%

18.28%

18.26%

ROTCE, as adjusted (non-GAAP)(1)

16.82%

16.55%

16.60%

17.70%

17.68%

Diluted earnings per share

$0.59

$0.60

$0.60

$0.63

$0.60

Diluted earnings per share, as adjusted (non-GAAP)(1)

$0.64

$0.60

$0.60

$0.61

$0.58

Non-performing assets to total assets

0.93%

0.97%

0.55%

0.56%

0.60%

Common equity tier 1 capital

16.4%

16.7%

16.3%

16.1%

15.6%

Leverage

14.0%

14.3%

14.1%

13.8%

13.4%

Tier 1 capital

16.4%

16.7%

16.3%

16.1%

15.6%

Total risk-based capital

19.0%

19.5%

19.1%

18.9%

19.3%

Allowance for credit losses to total loans

1.92%

1.90%

1.90%

1.87%

1.86%

Book value per share

$22.68

$22.15

$21.88

$21.41

$20.71

Tangible book value per share (non-GAAP)(1)

$15.32

$14.87

$14.60

$14.13

$13.44

Dividends per share

$0.21

$0.21

$0.21

$0.20

$0.20

Shareholder buyback yield(2)

0.77%

0.25%

0.27%

0.18%

0.49%

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.  
(2) Calculation of this metric is included in the schedules accompanying this release.

“Home BancShares delivered another quarter of strong profitability and balance sheet expansion in the second quarter. Highlights include a record PPNR, as adjusted, of $171.2 million, a record total net revenue of $295.1 million, smart loan growth, increase to book value and maintaining a stable margin, while returning capital through meaningful share repurchases and adjusted EPS of $0.64,” said John Allison, Chairman.

“Our legacy franchise produced loan growth during the quarter, while Mountain Commerce contributed meaningful deposit growth almost immediately following the acquisition—demonstrating exactly why we pursued the transaction. Even after absorbing approximately $12.7 million of merger-related expenses, we generated record adjusted earnings of $128.1 million, maintained a strong net interest margin of 4.51%, and continued to grow tangible book value per share. We believe these results underscore both the strength of our existing markets and the value of disciplined acquisitions that enhance our franchise,” continued Allison.

**Quarterly Financial Performance Trends**

Net income totaled $119.3 million for the second quarter of 2026, compared to $118.4 million for the second quarter of 2025. The Company completed its acquisition of Mountain Commerce Bancorp, Inc. (“Mountain Commerce”) during the quarter and recognized $12.7 million in merger-related expenses. Net income, as adjusted (non-GAAP)(1), which excludes merger expenses and certain other items, reached a Company-record $128.1 million, an increase of 8.4% from $118.2 million in the prior quarter.  

Pre-tax, pre-provision net revenue (PPNR) (non-GAAP)(1) totaled $159.6 million for the second quarter of 2026, compared to $152.7 million in the first quarter of 2026. The Company completed its acquisition of Mountain Commerce during the quarter and incurred $12.7 million in merger-related expenses. Excluding merger expenses and certain other non-fundamental adjustments, PPNR, as adjusted (Non-GAAP)(1) increased to a Company-record $171.2 million, compared to $152.7 million in the prior quarter, reflecting revenue growth, including the impact of the Mountain Commerce acquisition, and continued operating performance.

_Dollar amounts presented below in thousands._

  

  

Net interest income after credit loss expense totaled $236.4 million for the second quarter of 2026, compared to $223.4 million in the first quarter of 2026, an increase of 5.8%. The increase was driven by continued growth in earning assets, including the impact of the Mountain Commerce acquisition completed during the quarter, as well as favorable net interest margin performance.

Non-interest income totaled $53.5 million for the second quarter of 2026, compared to $42.8 million in the first quarter of 2026, an increase of 24.9%. The increase was primarily driven by higher other service charges and fees, a favorable fair value adjustment on marketable securities, and growth in other income, with additional contributions from the completed acquisition of Mountain Commerce.

  

  

Total revenue (net) reached a Company-record $295.1 million for the second quarter of 2026, increasing 10.6% from $266.7 million in the prior quarter. The increase was driven by strong growth in net interest income, including the contribution from the Mountain Commerce acquisition completed during the quarter. The acquisition further enhances the Company's earnings capacity and positions it well for continued revenue growth and earnings accretion in future periods.  

Total expenses increased during the second quarter of 2026, reflecting the completed acquisition of Mountain Commerce. Interest expense increased to $95.2 million from $87.1 million in the prior quarter, primarily due to higher interest on deposits resulting from a $921.3 million increase in interest-bearing deposits. Non-interest expense increased to $135.5 million from $114.0 million in the first quarter of 2026, driven primarily by $12.7 million of merger-related expenses incurred during the quarter.

  

  

The efficiency ratio was 44.54% for the second quarter of 2026, compared to 41.59% in the prior quarter, primarily reflecting $12.7 million of merger-related expenses associated with the completed acquisition of Mountain Commerce. Excluding merger-related expenses and certain other non-GAAP adjustments, the efficiency ratio, as adjusted, (non-GAAP)(1) improved to 40.46%, highlighting continued operating discipline while integrating the acquisition.

Return on average assets (ROA) was 1.95% for the second quarter of 2026, compared to 2.09% in the prior quarter. The decline was primarily attributable to $12.7 million of merger-related expenses associated with the completed acquisition of Mountain Commerce. Excluding merger-related expenses and certain other non-GAAP adjustments, ROA, as adjusted, (non-GAAP)(1) remained strong at 2.09%, reflecting the Company's continued earnings strength and operating performance.

  

  

The tables below present additional key financial metrics over the past five quarters, including net interest margin (NIM), yield on interest-earning assets, rate on interest-bearing liabilities, and net interest spread. These metrics are fundamental indicators of the Company’s profitability and operational efficiency.

  

  

Book value per share increased to $22.68 at June 30, 2026, from $22.15 at March 31, 2026, while tangible book value per share (non-GAAP)(1) increased to $15.32 from $14.87. The linked-quarter growth reflects strong earnings generation and the successful completion of the Mountain Commerce acquisition, which contributed to continued growth in shareholder value despite the impact of merger-related expenses incurred during the quarter.

**Operating Highlights**

Net income for the three-month period ended June 30, 2026 was $119.3 million, or $0.59 diluted earnings per share. When adjusting for non-fundamental items, net income and diluted earnings per share on an as-adjusted basis (non-GAAP), were $128.1 million(1) and $0.64 per share(1), respectively, for the three months ended June 30, 2026.

Our net interest margin was 4.51% for both of the three-month periods ended June 30, 2026 and March 31, 2026. The yield on loans was 7.00% and 7.08% for the three months ended June 30, 2026 and March 31, 2026, respectively, as average loans increased from $15.68 billion to $17.08 billion. The rate on interest bearing deposits increased to 2.39% as of June 30, 2026, from 2.35% as of March 31, 2026, while average interest-bearing deposits increased from $13.66 billion to $14.69 billion. The increase in average loans and deposits was primarily due to the acquisition of Mountain Commerce Bancorp, Inc. (“MCBI” or“Mountain Commerce”) which was completed during the second quarter of 2026.

During the second quarter of 2026, there was $1.7 million of event interest income compared to no event interest income for the first quarter of 2026. The increase in event income was accretive to the net interest margin by four basis points. Purchase accounting accretion on acquired loans was $3.6 million and $1.1 million for the three-month periods ended June 30, 2026 and March 31, 2026, respectively, and average purchase accounting loan discounts were $42.0 million and $12.5 million for the three-month periods ended June 30, 2026 and March 31, 2026, respectively. The increase in accretion income along with the increase in the purchase accounting loan discounts, both of which resulted from the acquisition of Mountain Commerce, increased the net interest margin by six basis points for the three-month period ended June 30, 2026.

Net interest income on a fully taxable equivalent basis was $244.3 million for the three-month period ended June 30, 2026, compared to $226.6 million for the three-month period ended March 31, 2026. This increase in net interest income for the three-month period ended June 30, 2026, was the result of a $25.8 million increase in interest income, which was partially offset by an $8.1 million increase in interest expense. The $25.8 million increase in interest income was primarily the result of a $24.6 million increase in loan income and a $1.0 million increase in income from investments. The $8.1 million increase in interest expense was due to an $8.3 million increase in interest expense on deposits, which was partially offset by a $346,000 decrease in interest expense on FHLB and other borrowed funds.

The Company reported $53.5 million of non-interest income for the second quarter of 2026. The most important components of non-interest income were $13.1 million from other income, $13.0 million from other service charges and fees, $10.0 million from service charges on deposit accounts, $6.1 million from trust fees, $5.1 million in mortgage lending income, $2.8 million from dividends from FHLB, FRB, FNBB and other, $1.6 million from the increase in cash value of life insurance, $817,000 in income from the fair value adjustment for marketable securities and $578,000 in insurance commissions. Included within other income was $274,000 in bank-owned life insurance death benefit income.

Non-interest expense for the second quarter of 2026 was $135.5 million. The most important components of non-interest expense were $68.7 million of salaries and employee benefits expense, $28.9 million in other operating expense, $15.8 million in occupancy and equipment expenses, $12.7 million in merger and acquisition expenses and $9.3 million in data processing expenses. For the second quarter of 2026, our efficiency ratio was 44.54%, and our efficiency ratio, as adjusted (non-GAAP), was 40.46%(1).

**Financial Condition**

Total loans receivable were $17.13 billion at June 30, 2026, compared to $15.63 billion at March 31, 2026. Total deposits were $19.11 billion at June 30, 2026, compared to $17.74 billion at March 31, 2026. Total assets were $24.71 billion at June 30, 2026, compared to $23.20 billion at March 31, 2026.

During the second quarter of 2026, the Company had a $1.49 billion increase in loans. During the quarter, we acquired $1.47 billion in loans, net of purchase accounting discounts, from MCBI. Our community banking footprint experienced $46.4 million in organic loan growth during the quarter ended June 30, 2026, while Centennial CFG experienced $22.6 million of organic loan decline in the second quarter, with $2.04 billion of loans outstanding at June 30, 2026.

Non-performing loans to total loans were 1.08% and 1.16% at June 30, 2026 and March 31, 2026, respectively. Non-performing assets to total assets were 0.93% and 0.97% at June 30, 2026 and March 31, 2026, respectively. Net loans charged-off were $5.8 million and $1.4 million for the three months ended June 30, 2026 and March 31, 2026, respectively. The charge-off detail by region for the quarters ended June 30, 2026 and March 31, 2026 can be seen below.

**For the Three Months Ended June 30, 2026**

**(in thousands)**

**Texas**

**Arkansas**

**Centennial CFG**

**Shore Premier Finance**

**Florida**

**Tennessee**

**Alabama**

**Total**

Charge-offs

$

1,708

$

2,605

$

—

$

1,896

$

286

$

11

$

14

$

6,520

Recoveries

(249

)

(324

)

—

(5

)

(142

)

—

(2

)

(722

)

Net charge-offs (recoveries)

$

1,459

$

2,281

$

—

$

1,891

$

144

$

11

$

12

$

5,798

**For the Three Months Ended March 31, 2026**

**(in thousands)**

**Texas**

**Arkansas**

**Centennial CFG**

**Shore Premier Finance**

**Florida**

**Alabama**

**Total**

Charge-offs

$

1,720

$

982

$

—

$

—

$

137

$

10

$

2,849

Recoveries

(788

)

(278

)

—

(277

)

(54

)

(3

)

(1,400

)

Net charge-offs (recoveries)

$

932

$

704

$

—

$

(277

)

$

83

$

7

$

1,449

At June 30, 2026, non-performing loans were $185.3 million, and non-performing assets were $228.6 million. At March 31, 2026, non-performing loans were $182.1 million, and non-performing assets were $224.1 million.

The table below shows the non-performing loans and non-performing assets by region as of June 30, 2026:

**(in thousands)**

**Texas**

**Arkansas**

**Centennial CFG**

**Shore Premier Finance**

**Florida**

**Tennessee**

**Alabama**

**Total**

Non-accrual loans

$

123,170

$

19,529

$

—

$

11,886

$

24,235

$

4,335

$

44

$

183,199

Loans 90+ days past due

690

238

—

—

282

916

—

2,126

Total non-performing loans

123,860

19,767

—

11,886

24,517

5,251

44

185,325

Foreclosed assets held for sale

15,647

2,028

22,812

—

260

1,392

—

42,139

Other non-performing assets

—

—

—

1,140

—

—

—

1,140

Total other non-performing assets

15,647

2,028

22,812

1,140

260

1,392

—

43,279

Total non-performing assets

$

139,507

$

21,795

$

22,812

$

13,026

$

24,777

$

6,643

$

44

$

228,604

The table below shows the non-performing loans and non-performing assets by region as of March 31, 2026:

**(in thousands)**

**Texas**

**Arkansas**

**Centennial CFG**

**Shore Premier Finance**

**Florida**

**Alabama**

**Total**

Non-accrual loans

$

119,333

$

21,833

$

787

$

12,131

$

25,532

$

23

$

179,639

Loans 90+ days past due

1,077

36

—

—

1,368

—

2,481

Total non-performing loans

120,410

21,869

787

12,131

26,900

23

182,120

Foreclosed assets held for sale

16,164

1,638

22,812

—

260

—

40,874

Other non-performing assets

—

—

—

1,140

—

—

1,140

Total other non-performing assets

16,164

1,638

22,812

1,140

260

—

42,014

Total non-performing assets

$

136,574

$

23,507

$

23,599

$

13,271

$

27,160

$

23

$

224,134

The Company’s allowance for credit losses on loans was $328.4 million, or 1.92% of total loans, at June 30, 2026 compared to $297.6 million, or 1.90% of total loans, at March 31, 2026. As of June 30, 2026 and March 31, 2026, the Company’s allowance for credit losses on loans was 177.19% and 163.43% of its total non-performing loans, respectively.

Shareholders’ equity was $4.55 billion at June 30, 2026, which increased approximately $197.9 million from March 31, 2026. The net increase in shareholders’ equity is primarily associated with the $146.0 million of common stock issued to the Mountain Commerce shareholders, the $77.1 million increase in retained earnings and the $10.4 million increase in accumulated other comprehensive income, which was partially offset by the $42.3 million in dividends paid during the quarter and the $40.5 million in stock repurchases for the quarter. Book value per common share was $22.68 at June 30, 2026, compared to $22.15 at March 31, 2026. Tangible book value per common share (non-GAAP) was $15.32(1) at June 30, 2026, compared to $14.87(1) at March 31, 2026. Book value per common share and tangible book value per common share, as of June 30, 2026, were both records for the Company.

**Stock Repurchases and Dividends**

During the three-month period ended June 30, 2026, the Company repurchased 1.5 million shares of common stock, which equated to a shareholder buyback yield of 0.77%(2). In comparison, during the three-month period ended March 31, 2026, the Company repurchased 507,622 shares of common stock, which equated to a shareholder buyback yield of 0.25%(2). The Company defines shareholder buyback yield as the percentage of the Company’s market capitalization spent on share repurchases. It reflects how much the Company is returning to the shareholders by reducing the number of outstanding shares, and it is calculated by dividing the Company’s total share repurchase cost for the period by the Company’s total market capitalization at the beginning of the period.

In addition, during the quarter ended June 30, 2026, the Company paid a dividend of $0.21 per share. This cash dividend was consistent with the dividend paid during the first quarter of 2026.

**Branches**

The Company currently has 75 branches in Arkansas, 78 branches in Florida, 60 branches in Texas, 8 branches in Tennessee, 5 branches in Alabama and one branch in New York City.

**Conference Call**

Management will conduct a conference call to review this information at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, July 16, 2026. We strongly encourage all participants to pre-register for the conference call webcast or the live call using one of the following links. First, participants can pre-register for the conference call webcast using the following link: https://events.q4inc.com/attendee/346859709. Participants who pre-register will be given a unique webcast link to gain immediate access to the conference call webcast. Second, participants can pre-register for the live call using the following link: https://events.q4inc.com/analyst/346859709?pwd=sU182NPD. Participants who pre-register will be given the phone number and unique access codes to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be scheduled as an event in your Outlook calendar.

Those without internet access or unable to pre-register may dial in and listen to the live call by calling 1-833-461-5787, Passcode: 346859709. A replay of the call will be available using the following link: https://events.q4inc.com/attendee/346859709. Internet access to the call will be available live or in recorded version on the Company's website at www.homebancshares.com.

**About Home BancShares**

Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, Tennessee, South Alabama and New York City. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.” The Company was founded in 1998. Visit www.homebancshares.com or www.my100bank.com for more information.

**Non-GAAP Financial Measures**

This press release contains financial information determined by methods other than in accordance with generally accepted accounting principles (GAAP). The Company’s management uses these non-GAAP financial measures--including net income (earnings), as adjusted; pre-tax, pre-provision, net income (PPNR); PPNR, as adjusted; pre-tax net income, as adjusted, to total revenue (net); pre-tax, pre-provision, profit percentage; pre-tax, pre-provision, profit percentage, as adjusted; diluted earnings per common share, as adjusted; return on average assets, as adjusted; return on average assets excluding intangible amortization; return on average assets, as adjusted, excluding intangible amortization; return on average common equity, as adjusted; return on average tangible common equity; return on average tangible common equity, as adjusted; return on average tangible common equity excluding intangible amortization; return on average tangible common equity, as adjusted, excluding intangible amortization; efficiency ratio, as adjusted; tangible book value per common share and tangible common equity to tangible assets--to provide meaningful supplemental information regarding our performance. These measures typically adjust GAAP performance measures to include the tax benefit associated with revenue items that are tax-exempt, as well as adjust income and equity available to common shareholders for certain significant items or transactions that management believes are not indicative of the Company’s primary business operating results. Since the presentation of these GAAP performance measures and their impact differ between companies, management believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company’s business. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the tables of this release.

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.  
(2) Calculation of this metric is included in the schedules accompanying this release.

**General**

This release contains forward-looking statements regarding the Company’s plans, expectations, goals and outlook for the future, including future financial results. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future events, performance or results. When we use words or phrases like “may,” “will,” “plan,” “propose,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” “expect,” “project,” “predict,” “estimate,” “could,” “should,” “would” and similar expressions, you should consider them as identifying forward-looking statements, although we may use other phrasing. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following: economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment, including any future impacts from inflation or changes in tariffs or trade policies; the risk that the anticipated benefits from the completed acquisition of MCBI may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Home and MCBI operate; the ability to promptly and effectively integrate the businesses of Home and MCBI; the ability to retain key employees, customers and business relationships following the acquisition; the reaction to the completed acquisition of the companies’ customers, employees and counterparties; diversion of management time on integration-related issues; the possibility that the costs of integration may be greater than anticipated; the effect of any future mergers, acquisitions or other transactions to which we or our bank subsidiary may from time to time be a party, including as a result of one or more of the factors described above as they would relate to such transaction; the ability to identify, complete and successfully integrate additional acquisitions; the availability of and access to capital and liquidity on terms acceptable to us; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations; technological changes and cybersecurity risks and incidents; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; the impacts of political instability, ongoing or future military conflicts and other major domestic or international events; the impacts of recent or future adverse weather events, including hurricanes, and other natural disasters; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; potential increases in deposit insurance assessments, increased regulatory scrutiny or market disruptions resulting from financial challenges in the banking industry; disruptions, uncertainties and related effects on credit quality, liquidity and other aspects of our business and operations that may result from any future public health crises; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the “SEC”), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 27, 2026. Home assumes no obligation to update the information in this press release, except as otherwise required by law.

FOR MORE INFORMATION CONTACT:  
Donna Townsell  
Director of Investor Relations  
Home BancShares, Inc.  
(501) 328-4625

**Home BancShares, Inc.**

**Consolidated End of Period Balance Sheets**

**(Unaudited)**

**(In thousands)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**ASSETS**

Cash and due from banks

$

279,660

$

296,209

$

237,224

$

284,750

$

291,344

Interest-bearing deposits with other banks

772,859

815,714

430,113

516,170

809,729

Cash and cash equivalents

1,052,519

1,111,923

667,337

800,920

1,101,073

Federal funds sold

5,450

6,025

3,000

3,625

2,600

Investment securities - available-for-sale, net of allowance for credit losses

2,776,216

2,803,847

2,871,931

2,924,496

2,899,968

Investment securities - held-to-maturity, net of allowance for credit losses

1,254,802

1,256,635

1,259,262

1,264,200

1,265,292

Total investment securities

4,031,018

4,060,482

4,131,193

4,188,696

4,165,260

Loans receivable

17,127,208

15,633,628

15,686,209

15,285,972

15,180,624

Allowance for credit losses

(328,369

)

(297,634

)

(297,583

)

(285,649

)

(281,869

)

Loans receivable, net

16,798,839

15,335,994

15,388,626

15,000,323

14,898,755

Bank premises and equipment, net

437,552

374,010

369,324

374,515

379,729

Foreclosed assets held for sale

42,139

40,874

39,831

41,263

41,529

Cash value of life insurance

233,515

221,830

220,469

219,075

218,113

Accrued interest receivable

108,384

106,628

108,939

110,702

107,732

Deferred tax asset, net

153,803

143,987

148,022

155,963

174,323

Goodwill

1,410,211

1,398,253

1,398,253

1,398,253

1,398,253

Core deposit intangible

65,541

30,355

32,293

34,231

36,255

Other assets

374,277

371,318

374,592

380,236

383,400

**Total assets**

$

24,713,248

$

23,201,679

$

22,881,879

$

22,707,802

$

22,907,022

**LIABILITIES AND SHAREHOLDERS' EQUITY**

**Liabilities**

Deposits:

Demand and non-interest-bearing

$

4,447,710

$

3,994,217

$

3,868,405

$

3,880,101

$

4,024,574

Savings and interest-bearing transaction accounts

12,423,361

11,971,866

11,792,828

11,500,921

11,571,949

Time deposits

2,242,034

1,772,192

1,818,724

1,946,674

1,891,909

Total deposits

19,113,105

17,738,275

17,479,957

17,327,696

17,488,432

Securities sold under agreements to repurchase

158,744

157,409

155,803

145,998

140,813

FHLB and other borrowed funds

450,250

500,250

500,250

550,500

550,500

Accrued interest payable and other liabilities

164,112

176,727

169,733

189,551

203,004

Subordinated debentures

279,602

279,433

279,265

279,093

438,957

**Total liabilities**

20,165,813

18,852,094

18,585,008

18,492,838

18,821,706

**Shareholders' equity**

Common stock

2,005

1,964

1,964

1,969

1,972

Capital surplus

2,301,551

2,191,243

2,201,923

2,214,211

2,221,576

Retained earnings

2,412,859

2,335,787

2,258,871

2,181,911

2,097,712

Accumulated other comprehensive loss

(168,980

)

(179,409

)

(165,887

)

(183,127

)

(235,944

)

**Total shareholders' equity**

4,547,435

4,349,585

4,296,871

4,214,964

4,085,316

**Total liabilities and shareholders' equity**

$

24,713,248

$

23,201,679

$

22,881,879

$

22,707,802

$

22,907,022

**Home BancShares, Inc.**

**Consolidated Statements of Income**

**(Unaudited)**

**Quarter Ended**

**Six Months Ended**

**(In thousands)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**Jun. 30, 2026**

**Jun. 30, 2025**

**Interest income:**

Loans

$

298,066

$

273,473

$

285,491

$

283,165

$

276,041

$

571,539

$

546,825

Investment securities

Taxable

25,787

24,728

25,860

26,326

26,444

50,515

53,877

Tax-exempt

7,811

7,829

7,834

7,743

7,626

15,640

15,276

Deposits - other banks

5,135

4,945

4,405

6,242

8,951

10,080

15,571

Federal funds sold

37

48

41

56

53

85

108

Total interest income

336,836

311,023

323,631

323,532

319,115

647,859

631,657

**Interest expense:**

Interest on deposits

87,432

79,145

83,739

87,962

88,489

166,577

175,275

FHLB and other borrowed funds

4,346

4,692

4,985

5,378

5,539

9,038

11,441

Securities sold under agreements to repurchase

1,057

927

962

1,019

1,012

1,984

2,086

Subordinated debentures

2,358

2,355

2,359

3,007

4,123

4,713

8,247

Total interest expense

95,193

87,119

92,045

97,366

99,163

182,312

197,049

**Net interest income**

241,643

223,904

231,586

226,166

219,952

465,547

434,608

Provision for credit losses on loans

5,200

1,500

14,400

6,700

3,000

6,700

3,000

Recovery of credit losses on unfunded commitments

—

(1,000

)

—

(1,000

)

—

(1,000

)

—

Recovery of credit losses on investment securities

—

—

—

(2,194

)

—

—

—

Total credit loss expense

5,200

500

14,400

3,506

3,000

5,700

3,000

**Net interest income after credit loss expense**

236,443

223,404

217,186

222,660

216,952

459,847

431,608

**Non-interest income:**

Service charges on deposit accounts

10,030

10,007

10,480

10,486

9,552

20,037

19,202

Other service charges and fees

12,973

9,810

11,148

12,130

12,643

22,783

23,332

Trust fees

6,109

5,482

5,121

4,600

5,234

11,591

9,994

Mortgage lending income

5,139

4,430

4,680

4,691

4,780

9,569

8,379

Insurance commissions

578

536

460

574

589

1,114

1,124

Increase in cash value of life insurance

1,553

1,368

1,400

1,404

1,415

2,921

3,257

Dividends from FHLB, FRB, FNBB & other

2,841

2,536

2,678

2,658

2,657

5,377

5,375

Gain on SBA loans

—

80

308

46

—

80

288

Gain (loss) on branches, equipment and other assets, net

3

(7

)

11

(66

)

972

(4

)

809

Gain (loss) on OREO, net

332

707

203

(1

)

13

1,039

(363

)

Fair value adjustment for marketable securities

817

(1,248

)

1,173

1,020

(238

)

(431

)

204

Other income

13,079

9,102

12,838

13,963

13,462

22,181

24,904

Total non-interest income

53,454

42,803

50,500

51,505

51,079

96,257

96,505

**Non-interest expense:**

Salaries and employee benefits

68,742

63,236

62,891

63,804

64,318

131,978

126,173

Occupancy and equipment

15,787

14,867

14,434

14,828

14,023

30,654

28,448

Data processing expense

9,307

8,884

8,653

8,871

8,364

18,191

16,922

Merger and acquisition expenses

12,726

394

580

—

—

13,120

—

Other operating expenses

28,932

26,594

27,805

27,335

29,335

55,526

57,425

Total non-interest expense

135,494

113,975

114,363

114,838

116,040

249,469

228,968

**Income before income taxes**

154,403

152,232

153,323

159,327

151,991

306,635

299,145

Income tax expense

35,076

34,023

35,098

35,723

33,588

69,099

65,533

**Net income**

$

119,327

$

118,209

$

118,225

$

123,604

$

118,403

$

237,536

$

233,612

**Home BancShares, Inc.**

**Selected Financial Information**

**(Unaudited)**

**Quarter Ended**

**Six Months Ended**

**(Dollars and shares in thousands, except per share data)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**Jun. 30, 2026**

**Jun. 30, 2025**

**PER SHARE DATA**

Diluted earnings per common share

$

0.59

$

0.60

$

0.60

$

0.63

$

0.60

$

1.19

$

1.18

Diluted earnings per common share, as adjusted (non-GAAP)(1)

0.64

0.60

0.60

0.61

0.58

1.24

1.14

Basic earnings per common share

0.59

0.60

0.60

0.63

0.60

1.19

1.18

Dividends per share - common

0.21

0.21

0.21

0.20

0.20

0.21

0.395

Shareholder buyback yield(2)

0.77

%

0.25

%

0.27

%

0.18

%

0.49

%

1.00

%

1.02

%

Book value per common share

$

22.68

$

22.15

$

21.88

$

21.41

$

20.71

$

22.68

$

20.71

Tangible book value per common share (non-GAAP)(1)

15.32

14.87

14.60

14.13

13.44

15.32

13.44

**STOCK INFORMATION**

Average common shares outstanding

201,223

196,528

196,553

197,078

197,532

198,889

198,091

Average diluted shares outstanding

201,420

196,733

196,764

197,288

197,765

199,088

198,289

End of period common shares outstanding

200,460

196,394

196,357

196,889

197,239

200,460

197,239

**ANNUALIZED PERFORMANCE METRICS**

Return on average assets (ROA)

1.95

%

2.09

%

2.06

%

2.17

%

2.08

%

2.02

%

2.08

%

Return on average assets, as adjusted: (ROA, as adjusted) (non-GAAP)(1)

2.09

%

2.09

%

2.05

%

2.10

%

2.02

%

2.09

%

2.02

%

Return on average assets excluding intangible amortization (non-GAAP)(1)

2.12

%

2.25

%

2.22

%

2.34

%

2.25

%

2.18

%

2.25

%

Return on average assets, as adjusted, excluding intangible amortization (non-GAAP)(1)

2.27

%

2.25

%

2.22

%

2.27

%

2.18

%

2.26

%

2.18

%

Return on average common equity (ROE)

10.55

%

11.09

%

11.04

%

11.91

%

11.77

%

10.78

%

11.76

%

Return on average common equity, as adjusted: (ROE, as adjusted) (non-GAAP)(1)

11.32

%

11.08

%

11.01

%

11.54

%

11.39

%

11.18

%

11.40

%

Return on average tangible common equity (ROTCE) (non-GAAP)(1)

15.67

%

16.56

%

16.65

%

18.28

%

18.26

%

16.03

%

18.33

%

Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) (non-GAAP)(1)

16.82

%

16.55

%

16.60

%

17.70

%

17.68

%

16.62

%

17.77

%

Return on average tangible common equity excluding intangible amortization (non-GAAP)(1)

15.96

%

16.76

%

16.85

%

18.51

%

18.50

%

16.28

%

18.57

%

Return on average tangible common equity, as adjusted, excluding intangible amortization (non-GAAP)(1)

17.11

%

16.76

%

16.80

%

17.93

%

17.92

%

16.87

%

18.02

%

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

(2) Calculation of this metric is included in the schedules accompanying this release.

**Home BancShares, Inc.**

**Selected Financial Information**

**(Unaudited)**

**Quarter Ended**

**Six Months Ended**

**(Dollars in thousands)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**Jun. 30, 2026**

**Jun. 30, 2025**

Efficiency ratio

44.54

%

41.59

%

39.54

%

40.21

%

41.68

%

43.14

%

41.94

%

Efficiency ratio, as adjusted (non-GAAP)(1)

40.46

%

41.99

%

39.53

%

40.95

%

42.01

%

41.19

%

42.42

%

Net interest margin - FTE (NIM)

4.51

%

4.51

%

4.61

%

4.56

%

4.44

%

4.51

%

4.44

%

Fully taxable equivalent adjustment

$

2,653

$

2,661

$

2,252

$

2,916

$

2,526

$

5,314

$

5,060

Total revenue (net)

295,097

266,707

282,086

277,671

271,031

561,804

531,113

Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1)

159,603

152,732

167,723

162,833

154,991

312,335

302,145

PPNR, as adjusted (non-GAAP)(1)

171,238

152,677

167,130

157,704

150,404

323,915

293,225

Pre-tax net income to total revenue (net)

52.32

%

57.08

%

54.35

%

57.38

%

56.08

%

54.58

%

56.32

%

Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1)

56.27

%

57.06

%

54.14

%

55.53

%

54.39

%

56.64

%

54.64

%

P5NR(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1)

54.08

%

57.27

%

59.46

%

58.64

%

57.19

%

55.60

%

56.89

%

P5NR, as adjusted (non-GAAP)(1)

58.03

%

57.25

%

59.25

%

56.80

%

55.49

%

57.66

%

55.21

%

Total purchase accounting accretion

$

3,618

$

1,061

$

1,265

$

1,272

$

1,233

$

4,679

$

2,611

Average purchase accounting loan discounts

41,962

12,507

13,753

15,009

16,219

27,311

16,873

**OTHER OPERATING EXPENSES**

Advertising

$

2,214

$

2,227

$

2,114

$

2,149

$

2,054

$

4,441

$

3,982

Amortization of intangibles

2,889

1,938

1,938

2,024

2,025

4,827

4,072

Electronic banking expense

3,223

3,326

3,288

3,357

3,172

6,549

6,227

Directors' fees

416

518

388

405

431

934

883

Due from bank service charges

344

333

324

404

283

677

564

FDIC and state assessment

3,045

1,599

2,970

3,245

1,636

4,644

5,023

Insurance

1,090

1,074

1,044

1,110

1,049

2,164

2,048

Legal and accounting

1,426

914

1,362

1,061

2,360

2,340

6,001

Other professional fees

2,247

1,946

2,168

2,083

2,211

4,193

4,158

Operating supplies

769

748

759

773

711

1,517

1,422

Postage

684

543

564

538

488

1,227

991

Telephone

324

363

382

367

419

687

855

Other expense

10,261

11,065

10,504

9,819

12,496

21,326

21,199

Total other operating expenses

$

28,932

$

26,594

$

27,805

$

27,335

$

29,335

$

55,526

$

57,425

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

**Home BancShares, Inc.**

**Selected Financial Information**

**(Unaudited)**

**(Dollars in thousands)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**BALANCE SHEET RATIOS**

Total loans to total deposits

89.61

%

88.13

%

89.74

%

88.22

%

86.80

%

Common equity to assets

18.40

%

18.75

%

18.78

%

18.56

%

17.83

%

Tangible common equity to tangible assets (non-GAAP)(1)

13.22

%

13.42

%

13.36

%

13.08

%

12.35

%

.

**LOANS RECEIVABLE**

Real estate

Commercial real estate loans

Non-farm/non-residential

$

5,921,829

$

5,395,529

$

5,290,112

$

5,494,492

$

5,553,182

Construction/land development

2,780,116

2,613,604

2,726,993

2,709,197

2,695,561

Agricultural

329,231

321,046

332,412

331,301

315,926

Residential real estate loans

Residential 1-4 family

2,545,462

2,100,374

2,134,334

2,142,375

2,138,990

Multifamily residential

1,269,728

1,232,639

1,140,911

716,595

620,439

Total real estate

12,846,366

11,663,192

11,624,762

11,393,960

11,324,098

Consumer

1,278,008

1,254,936

1,253,746

1,233,523

1,218,834

Commercial and industrial

2,285,054

2,172,267

2,222,401

2,100,268

2,107,326

Agricultural

356,611

329,563

359,879

346,167

323,457

Other

361,169

213,670

225,421

212,054

206,909

Loans receivable

$

17,127,208

$

15,633,628

$

15,686,209

$

15,285,972

$

15,180,624

**ALLOWANCE FOR CREDIT LOSSES**

Balance, beginning of period

$

297,634

$

297,583

$

285,649

$

281,869

$

279,944

Allowance for credit losses on acquired loans - MCBI

31,333

—

—

—

—

Loans charged off

6,520

2,849

3,063

4,651

4,071

Recoveries of loans previously charged off

722

1,400

597

1,731

2,996

Net loans charged off (recovered)

5,798

1,449

2,466

2,920

1,075

Provision for credit losses - loans

5,200

1,500

14,400

6,700

3,000

Balance, end of period

$

328,369

$

297,634

$

297,583

$

285,649

$

281,869

Net charge-offs (recoveries) to average total loans

0.14

%

0.04

%

0.06

%

0.08

%

0.03

%

Allowance for credit losses to total loans

1.92

%

1.90

%

1.90

%

1.87

%

1.86

%

**NON-PERFORMING ASSETS**

Non-performing loans

Non-accrual loans

$

183,199

$

179,639

$

78,002

$

81,087

$

89,261

Loans past due 90 days or more

2,126

2,481

6,980

4,125

7,031

Total non-performing loans

185,325

182,120

84,982

85,212

96,292

Other non-performing assets

Foreclosed assets held for sale, net

42,139

40,874

39,831

41,263

41,529

Other non-performing assets

1,140

1,140

—

—

—

Total other non-performing assets

43,279

42,014

39,831

41,263

41,529

Total non-performing assets

$

228,604

$

224,134

$

124,813

$

126,475

$

137,821

Allowance for credit losses for loans to non-performing loans

177.19

%

163.43

%

350.17

%

335.22

%

292.72

%

Non-performing loans to total loans

1.08

%

1.16

%

0.54

%

0.56

%

0.63

%

Non-performing assets to total assets

0.93

%

0.97

%

0.55

%

0.56

%

0.60

%

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

**Home BancShares, Inc.**

**Consolidated Net Interest Margin**

**(Unaudited)**

**Three Months Ended**

**June 30, 2026**

**March 31, 2026**

**(Dollars in thousands)**

**Average Balance**

**Income/ Expense**

**Yield/ Rate**

**Average Balance**

**Income/ Expense**

**Yield/ Rate**

**ASSETS**

Earning assets

Interest-bearing balances due from banks

$

555,186

$

5,135

3.71

%

$

557,451

$

4,945

3.60

%

Federal funds sold

4,042

37

3.67

%

5,282

48

3.69

%

Investment securities - taxable

2,936,008

25,787

3.52

%

2,935,901

24,728

3.42

%

Investment securities - non-taxable - FTE

1,165,876

10,260

3.53

%

1,175,663

10,285

3.55

%

Loans receivable - FTE

17,083,743

298,270

7.00

%

15,680,598

273,678

7.08

%

Total interest-earning assets

21,744,855

339,489

6.26

%

20,354,895

313,684

6.25

%

Non-earning assets

2,780,403

2,599,546

Total assets

$

24,525,258

$

22,954,441

**LIABILITIES AND SHAREHOLDERS' EQUITY**

Liabilities

Interest-bearing liabilities

Savings and interest-bearing transaction accounts

$

12,392,404

$

68,650

2.22

%

$

11,868,976

$

64,408

2.20

%

Time deposits

2,301,685

18,782

3.27

%

1,795,501

14,737

3.33

%

Total interest-bearing deposits

14,694,089

87,432

2.39

%

13,664,477

79,145

2.35

%

Federal funds purchased

30

—

—

%

—

—

—

%

Securities sold under agreement to repurchase

167,885

1,057

2.53

%

151,877

927

2.48

%

FHLB and other borrowed funds

466,734

4,346

3.73

%

500,250

4,692

3.80

%

Subordinated debentures

279,519

2,358

3.38

%

279,350

2,355

3.42

%

Total interest-bearing liabilities

15,608,257

95,193

2.45

%

14,595,954

87,119

2.42

%

Non-interest bearing liabilities

Non-interest bearing deposits

4,222,813

3,856,492

Other liabilities

158,476

177,275

Total liabilities

19,989,546

18,629,721

Shareholders' equity

4,535,712

4,324,720

Total liabilities and shareholders' equity

$

24,525,258

$

22,954,441

Net interest spread

3.81

%

3.83

%

Net interest income and margin - FTE

$

244,296

4.51

%

$

226,565

4.51

%

**Home BancShares, Inc.**

**Consolidated Net Interest Margin**

**(Unaudited)**

**Six Months Ended**

**June 30, 2026**

**June 30, 2025**

**(Dollars in thousands)**

**Average Balance**

**Income/ Expense**

**Yield/ Rate**

**Average Balance**

**Income/ Expense**

**Yield/ Rate**

**ASSETS**

Earning assets

Interest-bearing balances due from banks

$

556,312

$

10,080

3.65

%

$

713,455

$

15,571

4.40

%

Federal funds sold

4,658

85

3.68

%

4,984

108

4.37

%

Investment securities - taxable

2,935,955

50,515

3.47

%

3,137,296

53,877

3.46

%

Investment securities - non-taxable - FTE

1,170,742

20,545

3.54

%

1,124,351

20,094

3.60

%

Loans receivable - FTE

16,386,047

571,948

7.04

%

14,975,109

547,067

7.37

%

Total interest-earning assets

21,053,714

653,173

6.26

%

19,955,195

636,717

6.43

%

Non-earning assets

2,702,912

2,718,779

Total assets

$

23,756,626

$

22,673,974

**LIABILITIES AND SHAREHOLDERS' EQUITY**

Liabilities

Interest-bearing liabilities

Savings and interest-bearing transaction accounts

$

12,132,136

$

133,059

2.21

%

$

11,472,548

$

140,713

2.47

%

Time deposits

2,049,991

33,518

3.30

%

1,844,059

34,562

3.78

%

Total interest-bearing deposits

14,182,127

166,577

2.37

%

13,316,607

175,275

2.65

%

Federal funds purchased

15

—

—

%

23

—

—

%

Securities sold under agreement to repurchase

159,925

1,984

2.50

%

149,773

2,086

2.81

%

FHLB and other borrowed funds

483,399

9,038

3.77

%

583,739

11,441

3.95

%

Subordinated debentures

279,435

4,713

3.40

%

439,100

8,247

3.79

%

Total interest-bearing liabilities

15,104,901

182,312

2.43

%

14,489,242

197,049

2.74

%

Non-interest bearing liabilities

Non-interest bearing deposits

4,040,665

3,981,425

Other liabilities

167,823

196,232

Total liabilities

19,313,389

18,666,899

Shareholders' equity

4,443,237

4,007,075

Total liabilities and shareholders' equity

$

23,756,626

$

22,673,974

Net interest spread

3.83

%

3.69

%

Net interest income and margin - FTE

$

470,861

4.51

%

$

439,668

4.44

%

**Home BancShares, Inc.**

**Non-GAAP Reconciliations**

**(Unaudited)**

**Quarter Ended**

**Six Months Ended**

**(Dollars and shares in thousands, except per share data)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**Jun. 30, 2026**

**Jun. 30, 2025**

**NET INCOME (EARNINGS), AS ADJUSTED**

GAAP net income available to common shareholders (A)

$

119,327

$

118,209

$

118,225

$

123,604

$

118,403

$

237,536

$

233,612

Pre-tax adjustments

Merger and acquisition expense

12,726

394

580

—

—

13,120

—

Gain on retirement of subordinated debt

—

—

—

(1,882

)

—

—

—

FDIC special assessment credit

—

(1,697

)

—

—

(1,516

)

(1,697

)

(1,516

)

BOLI death benefits

(274

)

—

—

(187

)

(1,243

)

(274

)

(1,243

)

Gain on sale of premises and equipment

—

—

—

—

(983

)

—

(983

)

Fair value adjustment for marketable securities

(817

)

1,248

(1,173

)

(1,020

)

238

431

(204

)

Special income from equity investment

—

—

—

—

(3,498

)

—

(7,389

)

Legal fee reimbursement

—

—

—

—

(885

)

—

(885

)

Legal claims expense

—

—

—

—

3,300

—

3,300

Recoveries on historic losses

—

—

—

(2,040

)

—

—

—

Total pre-tax adjustments

11,635

(55

)

(593

)

(5,129

)

(4,587

)

11,580

(8,920

)

Tax-effect of adjustments

2,901

(13

)

(231

)

(1,207

)

(817

)

2,888

(1,876

)

Total adjustments after-tax (B)

8,734

(42

)

(362

)

(3,922

)

(3,770

)

8,692

(7,044

)

Net income, as adjusted (C)

$

128,061

$

118,167

$

117,863

$

119,682

$

114,633

$

246,228

$

226,568

Average diluted shares outstanding (D)

201,420

196,733

196,764

197,288

197,765

199,088

198,289

GAAP diluted earnings per share: (A/D)

$

0.59

$

0.60

$

0.60

$

0.63

$

0.60

$

1.19

$

1.18

Adjustments after-tax: (B/D)

0.05

0.00

0.00

(0.02

)

(0.02

)

0.05

(0.04

)

Diluted earnings per common share, as adjusted: (C/D)

$

0.64

$

0.60

$

0.60

$

0.61

$

0.58

$

1.24

$

1.14

**ANNUALIZED RETURN ON AVERAGE ASSETS**

Return on average assets: (A/E)

1.95

%

2.09

%

2.06

%

2.17

%

2.08

%

2.02

%

2.08

%

Return on average assets, as adjusted: (ROA, as adjusted) ((A+D)/E)

2.09

%

2.09

%

2.05

%

2.10

%

2.02

%

2.09

%

2.02

%

Return on average assets excluding intangible amortization: ((A+C)/(E-F))

2.12

%

2.25

%

2.22

%

2.34

%

2.25

%

2.18

%

2.25

%

Return on average assets, as adjusted, excluding intangible amortization: ((A+C+D)/(E-F))

2.27

%

2.25

%

2.22

%

2.27

%

2.18

%

2.26

%

2.18

%

GAAP net income available to common shareholders (A)

$

119,327

$

118,209

$

118,225

$

123,604

$

118,403

$

237,536

$

233,612

Amortization of intangibles (B)

2,889

1,938

1,938

2,024

2,025

4,827

4,072

Amortization of intangibles after-tax (C)

2,185

1,466

1,466

1,529

1,530

3,651

3,077

Adjustments after-tax (D)

8,734

(42

)

(362

)

(3,922

)

(3,770

)

8,692

(7,044

)

Average assets (E)

24,525,258

22,954,441

22,786,852

22,638,938

22,797,738

23,756,626

22,673,974

Average goodwill & core deposit intangible (F)

1,481,989

1,429,527

1,431,479

1,433,474

1,435,480

1,455,903

1,436,492

**Home BancShares, Inc.**

**Non-GAAP Reconciliations**

**(Unaudited)**

**Quarter Ended**

**Six Months Ended**

**(Dollars in thousands)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**Jun. 30, 2026**

**Jun. 30, 2025**

**ANNUALIZED RETURN ON AVERAGE COMMON EQUITY**

Return on average common equity: (A/D)

10.55

%

11.09

%

11.04

%

11.91

%

11.77

%

10.78

%

11.76

%

Return on average common equity, as adjusted: (ROE, as adjusted) ((A+C)/D)

11.32

%

11.08

%

11.01

%

11.54

%

11.39

%

11.18

%

11.40

%

Return on average tangible common equity: (ROTCE) (A/(D-E))

15.67

%

16.56

%

16.65

%

18.28

%

18.26

%

16.03

%

18.33

%

Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) ((A+C)/(D-E))

16.82

%

16.55

%

16.60

%

17.70

%

17.68

%

16.62

%

17.77

%

Return on average tangible common equity excluding intangible amortization: (B/(D-E))

15.96

%

16.76

%

16.85

%

18.51

%

18.50

%

16.28

%

18.57

%

Return on average tangible common equity, as adjusted, excluding intangible amortization: ((B+C)/(D-E))

17.11

%

16.76

%

16.80

%

17.93

%

17.92

%

16.87

%

18.02

%

GAAP net income available to common shareholders (A)

$

119,327

$

118,209

$

118,225

$

123,604

$

118,403

$

237,536

$

233,612

Earnings excluding intangible amortization (B)

121,512

119,675

119,691

125,133

119,933

241,187

236,689

Adjustments after-tax (C)

8,734

(42

)

(362

)

(3,922

)

(3,770

)

8,692

(7,044

)

Average common equity (D)

4,535,712

4,324,720

4,248,856

4,115,884

4,036,155

4,443,237

4,007,075

Average goodwill & core deposits intangible (E)

1,481,989

1,429,527

1,431,479

1,433,474

1,435,480

1,455,903

1,436,492

**EFFICIENCY RATIO & P5NR**

Efficiency ratio: ((D-G)/(B+C+E))

44.54

%

41.59

%

39.54

%

40.21

%

41.68

%

43.14

%

41.94

%

Efficiency ratio, as adjusted: ((D-G-I)/(B+C+E-H))

40.46

%

41.99

%

39.53

%

40.95

%

42.01

%

41.19

%

42.42

%

Pre-tax net income to total revenue (net) (A/(B+C))

52.32

%

57.08

%

54.35

%

57.38

%

56.08

%

54.58

%

56.32

%

Pre-tax net income, as adjusted, to total revenue (net) ((A+F)/(B+C))

56.27

%

57.06

%

54.14

%

55.53

%

54.39

%

56.64

%

54.64

%

Pre-tax, pre-provision, net income (PPNR) (B+C-D)

$

159,603

$

152,732

$

167,723

$

162,833

$

154,991

$

312,335

$

302,145

Pre-tax, pre-provision, net income, as adjusted (B+C-D+F)

$

171,238

$

152,677

$

167,130

$

157,704

$

150,404

$

323,915

$

293,225

P5NR(Pre-tax, pre-provision, profit percentage) PPNR to total revenue (net)) (B+C-D)/(B+C)

54.08

%

57.27

%

59.46

%

58.64

%

57.19

%

55.60

%

56.89

%

P5NR, as adjusted (B+C-D+F)/(B+C)

58.03

%

57.25

%

59.25

%

56.80

%

55.49

%

57.66

%

55.21

%

Pre-tax net income (A)

$

154,403

$

152,232

$

153,323

$

159,327

$

151,991

$

306,635

$

299,145

Net interest income (B)

241,643

223,904

231,586

226,166

219,952

465,547

434,608

Non-interest income (C)

53,454

42,803

50,500

51,505

51,079

96,257

96,505

Non-interest expense (D)

135,494

113,975

114,363

114,838

116,040

249,469

228,968

Fully taxable equivalent adjustment (E)

2,653

2,661

2,252

2,916

2,526

5,314

5,060

Total pre-tax adjustments (F)

11,635

(55

)

(593

)

(5,129

)

(4,587

)

11,580

(8,920

)

Amortization of intangibles (G)

2,889

1,938

1,938

2,024

2,025

4,827

4,072

Adjustments:

Non-interest income:

Gain on retirement of subordinated debt

$

—

$

—

$

—

$

1,882

$

—

$

—

$

—

Fair value adjustment for marketable securities

817

(1,248

)

1,173

1,020

(238

)

(431

)

204

Gain (loss) on OREO

332

707

203

(1

)

13

1,039

(363

)

Gain (loss) on branches, equipment and other assets, net

3

(7

)

11

(66

)

972

(4

)

809

Special income from equity investment

—

—

—

—

3,498

—

7,389

BOLI death benefits

274

—

—

187

1,243

274

1,243

Legal expense reimbursement

—

—

—

—

885

—

885

Recoveries on historic losses

—

—

—

2,040

—

—

—

Total non-interest income adjustments (H)

$

1,426

$

(548

)

$

1,387

$

5,062

$

6,373

$

878

$

10,167

Non-interest expense:

FDIC special assessment credit

—

(1,697

)

—

—

(1,516

)

(1,697

)

(1,516

)

Merger and acquisition expenses

12,726

394

580

—

—

13,120

—

Legal claims expense

—

—

—

—

3,300

—

3,300

Total non-interest expense adjustments (I)

$

12,726

$

(1,303

)

$

580

$

—

$

1,784

$

11,423

$

1,784

**Home BancShares, Inc.**

**Non-GAAP Reconciliations**

**(Unaudited)**

**Quarter Ended**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**TANGIBLE BOOK VALUE PER COMMON SHARE**

Book value per common share: (A/B)

$

22.68

$

22.15

$

21.88

$

21.41

$

20.71

Tangible book value per common share: ((A-C-D)/B)

15.32

14.87

14.60

14.13

13.44

Total shareholders' equity (A)

$

4,547,435

$

4,349,585

$

4,296,871

$

4,214,964

$

4,085,316

End of period common shares outstanding (B)

200,460

196,394

196,357

196,889

197,239

Goodwill (C)

1,410,211

1,398,253

1,398,253

1,398,253

1,398,253

Core deposit and other intangibles (D)

65,541

30,355

32,293

34,231

36,255

**TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS**

Equity to assets: (B/A)

18.40

%

18.75

%

18.78

%

18.56

%

17.83

%

Tangible common equity to tangible assets: ((B-C-D)/(A-C-D))

13.22

%

13.42

%

13.36

%

13.08

%

12.35

%

Total assets (A)

$

24,713,248

$

23,201,679

$

22,881,879

$

22,707,802

$

22,907,022

Total shareholders' equity (B)

4,547,435

4,349,585

4,296,871

4,214,964

4,085,316

Goodwill (C)

1,410,211

1,398,253

1,398,253

1,398,253

1,398,253

Core deposit and other intangibles (D)

65,541

30,355

32,293

34,231

36,255

**Home BancShares, Inc.**

**Shareholder Buyback Yield**

**(Unaudited)**

**Quarter Ended**

**Six Months Ended**

**(Dollars and shares in thousands)**

**Jun. 30, 2026**

**Mar. 31, 2026**

**Dec. 31, 2025**

**Sep. 30, 2025**

**Jun. 30, 2025**

**Jun. 30, 2026**

**Jun. 30, 2025**

**SHAREHOLDER BUYBACK YIELD**

Shareholder buyback yield: (A/B)

0.77

%

0.25

%

0.27

%

0.18

%

0.49

%

1.00

%

1.02

%

Shares repurchased

1,500

508

541

350

1,000

2,008

2,000

Average price per share

$

26.94

$

27.32

$

27.26

$

28.34

$

26.99

$

27.04

$

28.33

Principal cost

40,415

13,877

14,747

9,918

26,989

54,292

56,657

Excise tax

386

1

141

93

459

387

576

Total share repurchase cost (A)

$

40,801

$

13,878

$

14,888

$

10,011

$

27,448

$

54,679

$

57,233

Shares outstanding beginning of period

196,394

196,357

196,889

197,239

198,206

196,357

198,882

Price per share beginning of period

$

26.93

$

27.78

$

28.30

$

28.46

$

28.27

$

27.78

$

28.30

Market capitalization beginning of period (B)

$

5,288,890

$

5,454,797

$

5,571,959

$

5,613,422

$

5,603,284

$

5,454,797

$

5,628,361

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/bb773f21-ccd2-4284-aa93-ec54a1eedf30

https://www.globenewswire.com/NewsRoom/AttachmentNg/7dbdedc1-b84d-44e2-ad8a-1921ff2a0e3d

https://www.globenewswire.com/NewsRoom/AttachmentNg/e44c3f85-246c-4fa6-a093-88b3fac80495

https://www.globenewswire.com/NewsRoom/AttachmentNg/999ba47f-7860-43b6-9330-b833a17b94c3

https://www.globenewswire.com/NewsRoom/AttachmentNg/63aa328d-d66a-434f-8a35-fc8692916131

https://www.globenewswire.com/NewsRoom/AttachmentNg/2c44034a-f065-47d3-920f-aa8d92795010

https://www.globenewswire.com/NewsRoom/AttachmentNg/4039dadf-6fc6-4c26-bbbd-942db0d55ca4

https://www.globenewswire.com/NewsRoom/AttachmentNg/a61febd1-9db8-4e21-9f67-dfdcdf052fbd

https://www.globenewswire.com/NewsRoom/AttachmentNg/57b7874d-d368-479c-b640-9a01876760a5

https://www.globenewswire.com/NewsRoom/AttachmentNg/f202ea6f-f34e-4117-856e-f452bd77cee0

https://www.globenewswire.com/NewsRoom/AttachmentNg/173b5fc7-e069-4a79-84da-9f66c89eec2a

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