Home BancShares, Inc. (HOMB) is a bank holding company headquartered in Conway, Arkansas. It operates primarily through its wholly-owned subsidiary, Centennial Bank, providing a broad range of commercial and retail banking and related financial services. The company serves businesses, real estate developers and investors, individuals, and municipalities through its branch locations across several states.
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Banking Segment - Offers commercial, real estate, and consumer loans, time deposits, checking and savings accounts, generating revenue primarily through interest income from loans and investments.
- Commercial Real Estate Loans - Represents a significant portion of the loan portfolio, focusing on lending to real estate developers and investors.
- Consumer Loans - Provides loans to individuals for personal use, contributing to the company's diversified loan portfolio.
- Time Deposits - Offers fixed-term deposit accounts to customers, providing a stable source of funding.
- Checking and Savings Accounts - Provides essential banking services to individuals and businesses, facilitating everyday financial transactions.
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Centennial Commercial Finance Group (Centennial CFG) - Focuses on commercial real estate and industrial loans, operating out of major cities like New York City, Los Angeles, Dallas, and Miami.
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Shore Premier Finance (SPF) - Specializes in commercial and consumer marine loans, operating out of Chesapeake, Virginia, and Baltimore, Maryland.
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Name | Position | External Roles | Short Bio | |
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Brian S. Davis ExecutiveBoard | Chief Financial Officer and Treasurer | Brian S. Davis has served as Chief Financial Officer and Treasurer of Home BancShares since July 2015 and is also a director and Chairman of the Asset/Liability Committee at Home BancShares. Previously, he held roles in financial reporting, investor relations, and accounting from 2004 to 2010. | ||
John W. Allison ExecutiveBoard | President and Chief Executive Officer (CEO) | John W. Allison is the Co-Founder, Executive Chairman, and currently serves as President and CEO of Home BancShares, having reassumed the CEO role in 2019 after previously serving from 1998 to 2009. With over 40 years in banking, he has been pivotal in shaping the company’s strategic direction and growth. | View Report → | |
Donna J. Townsell Executive | Senior Executive Vice President | Donna J. Townsell is the Senior Executive Vice President of Home BancShares, Inc. since October 2015, having joined the company in 2007. She also serves as a Director on the Board since February 2019 and led key initiatives such as the Build-A-Better-Bank campaign as Project Manager for Centennial Bank. | ||
J. Stephen Tipton Executive | Chief Operating Officer of Home BancShares | Chief Executive Officer of Centennial Bank | J. Stephen Tipton has served as the Chief Operating Officer of Home BancShares since August 2015. He also serves as the Chief Executive Officer of Centennial Bank since May 2024 and has previously held roles such as Regional Vice President, Director of Credit Risk Management in 2013, and Commercial Lender from 2009 to 2012. | |
Jennifer C. Floyd Executive | Chief Accounting Officer | Jennifer C. Floyd has served as the Chief Accounting Officer at Home BancShares since July 2015, overseeing the company’s accounting operations. Previously, she held roles as Investor Relations Officer and Director of Financial Reporting at the company and worked as a Senior Manager at Deloitte & Touche, LLP, starting her career in 1997. | ||
Kevin D. Hester Executive | President | Kevin D. Hester has over 35 years of banking experience and has served as the President of Home BancShares since May 2024, while also holding the role of Chief Lending Officer since 2010. Previously, he was the Executive Vice President of Lending at Centennial Bank, beginning his tenure in that capacity in 1998. | ||
Russell D. Carter Executive | Executive Officer | Regional President for Centennial Bank; Board of Directors of the Federal Reserve Bank Memphis Branch | Russell D. Carter, III has served as the Executive Officer of Home BancShares since January 2018 and brings over 20 years of banking experience. He also serves as Regional President for Centennial Bank since 2013 and holds external roles including a board membership at the Federal Reserve Bank Memphis Branch since 2019. | |
Alex R. Lieblong Board | Director | Advisory Director at Centennial Bank; Board Director at Ballard Petroleum | Alex R. Lieblong has been serving as a director of Home BancShares since 2003, where he is a member of the Audit and Risk Committee and the Nominating and Corporate Governance Committee, having previously served as Chairman of the latter. He has extensive financial services experience and also holds external roles as an Advisory Director at Centennial Bank (since 2002) and as a Board Director at Ballard Petroleum. | |
Jack E. Engelkes Board | Vice Chairman of the Board of Home BancShares | Jack E. Engelkes has served as a director of Home BancShares since 2004 and as Vice Chairman since 2019. He is recognized for his expertise in accounting, auditing, and corporate governance, notably serving as Chairman of the Audit and Risk Committee. | ||
James G. Hinkle Board | Director | Arkansas State Police Commission | James G. Hinkle has served as a Director of Home BancShares since 2005 and is a member of the Nominating and Corporate Governance Committee and Audit and Risk Committee. He brings over 40 years of banking experience with previous roles including President and Chairman positions at banking institutions. | |
Jim Rankin Board | Director of Home BancShares | President of Trinity Development Company; President of Four Winds, Inc.; Attorney in Private Practice | Jim Rankin, Jr. has served as a Director at Home BancShares since 2017 and holds key board roles including Chairman of the Nominating and Corporate Governance Committee as well as membership on the Compensation and Leadership Development and Asset/Liability Committees. He also serves externally as President of Trinity Development Company and Four Winds, Inc. since 1999 and has been an attorney in private practice since 1993. | |
Karen E. Garrett Board | Director of Home BancShares | Managing Partner of HCJ CPA’s & Advisors, PLLC; Conway Development Corporation Board | Karen E. Garrett has been a director of Home BancShares since 2017 and serves on the Audit and Risk and Asset/Liability Committees, where she is an audit committee financial expert. She also holds external roles as Managing Partner of HCJ CPA’s & Advisors, PLLC and serves on the Conway Development Corporation Board. | |
Larry W. Ross Board | Director at Home BancShares, Inc. | Centennial Bank Little Rock regional advisory board of directors | Larry W. Ross has served as a director at Home BancShares, Inc. since January 2021, contributing to the Audit and Risk Committee and the Asset/Liability Committee. He brings over 30 years of leadership experience from roles at AT&T/Southwestern Bell and his consulting background, complemented by his longstanding service on the Centennial Bank Little Rock regional advisory board of directors. | |
Mike D. Beebe Board | Director | Director of Tyson Foods, Inc.; Member of the Governors’ Council of the Bipartisan Policy Center | Mike D. Beebe has been a director of HOMB since 2016 and currently serves as Chairman of the Compensation and Leadership Development Committee as well as a member of the Asset/Liability Committee. He has extensive public service experience, including serving as Governor of Arkansas from 2007 to 2015 and Attorney General from 2003 to 2007. | |
Milburn Adams Board | Director of Home BancShares | Director of Centennial Bank since 2004; Operations Consultant for Reliance Health Care since 2005 | Milburn Adams has been serving as Director of Home BancShares since October 2011 and is a member of both the Audit and Risk Committee and the Compensation and Leadership Development Committee since January 2012. He also has extensive experience as Director of Centennial Bank since 2004. | |
Robert H. Adcock Board | Director | Robert H. Adcock, Jr. is a co-founder and has served as the Director of Home BancShares since July 2007. He previously served as Vice Chairman from 2007 to 2019 and as Director and Vice Chairman from 1998 to 2003 before taking on the role of Arkansas State Bank Commissioner. | ||
Thomas J. Longe Board | Director | President and Chief Executive Officer of The Trianon Companies | Thomas J. Longe has been a director of Home BancShares since 2014, serving on the Audit and Risk and Nominating and Corporate Governance Committees. He is also the President and Chief Executive Officer of The Trianon Companies and formerly held executive roles at TIB Financial Corporation. | |
Tracy M. French Board | Director of Home BancShares | Tracy M. French has served as a Director of Home BancShares since 2015 providing board oversight and strategic guidance. Previously he held executive roles at Centennial Bank and Community Bank, enhancing his extensive banking experience. |
- How does management plan to ensure that potential M&A deals remain accretive to EPS without resorting to significant dilution, especially after your comments on avoiding "serial diluters" and continuing stock buybacks?
- With deposit costs remaining a challenge in a competitive market and competition driving deposit specials, how do you intend to manage pricing pressures if the Fed adjusts rates unexpectedly?
- Can you provide more detail on the sensitivity of your net interest margin to the planned removal of sub debt, particularly if market loan pricing deviates from current trends?
- Given that the recovery from the yacht non-accrual loan is a key aspect of credit quality improvement, what specific timelines and risk mitigants are in place if the legal process faces further delays?
- With one-time legal expenses and incentive compensation impacting your reported expenses this quarter, how do you expect these to normalize in the upcoming quarters and what measures are you taking to control future volatility?
Recent press releases and 8-K filings for HOMB.
- Home BancShares reported record earnings of $119.4 million or $0.60 per share for Q2 2025, achieving a return on assets of 2.08%. Non-GAAP earnings for the first six months of 2025 totaled $233.6 million, representing over 15% growth compared to the same period last year.
- The company maintains a strong capital position with a 15.6% Tier one capital ratio and has actively returned capital to shareholders, buying back 2 million shares year-to-date in 2025 (1 million in Q1 and 1 million in Q2) and paying $0.20 per share in quarterly dividends. Over the past twelve months, tangible common equity grew by 11.25%.
- Management is actively pursuing M&A opportunities, targeting banks in the $2 billion to $6 billion range within or near their footprint, with an aim to achieve $450 million in income for 2025 and $500 million for 2026, contingent on acquisitions. The company expects Q3 2025 to be similar to Q1 and Q2, with expenses normalizing around $111 million to $112 million after one-time items.