Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB – Get Free Report) issued its quarterly earnings results on Wednesday. The financial services provider reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03), Briefing.com reports. The company had revenue of $258.00 million during the quarter, compared to the consensus estimate of $258.90 million. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.41% and a net margin of 27.29%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 earnings per share.
Home Bancshares, Inc. (Conway, AR) Price Performance
HOMB opened at $26.98 on Friday. The company’s 50-day simple moving average is $26.88 and its two-hundred day simple moving average is $25.29. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $5.40 billion, a P/E ratio of 13.91 and a beta of 1.05. Home Bancshares, Inc. has a 52-week low of $19.61 and a 52-week high of $28.99.
Home Bancshares, Inc. (Conway, AR) Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 14th were issued a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 2.89%. This is an increase from Home Bancshares, Inc. (Conway, AR)’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, August 14th. Home Bancshares, Inc. (Conway, AR)’s dividend payout ratio (DPR) is presently 40.21%.
Wall Street Analyst Weigh In
View Our Latest Stock Report on HOMB
Home Bancshares, Inc. (Conway, AR) Company Profile
Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.
Featured Articles
- Five stocks we like better than Home Bancshares, Inc. (Conway, AR)
- What Does a Stock Split Mean?
- Global Lithium Demand Soars: Top 3 Stocks Positioned to Gain
- What is an Earnings Surprise?
- Oil Prices Fall, Sector Pulls Back: Time to Buy this Stock?
- The Significance of Brokerage Rankings in Stock Selection
- AI Boom Fuels Demand for Dominion Energy Stock
Receive News & Ratings for Home Bancshares Inc. (Conway AR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancshares Inc. (Conway AR) and related companies with MarketBeat.com's FREE daily email newsletter.