Home Bancshares, Inc. (Conway, AR) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 20, 2023 at 08:15 am
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Home Bancshares, Inc. (Conway, AR) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 207.64 million compared to USD 198.76 million a year ago. Net income was USD 105.27 million compared to USD 15.98 million a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.08 a year ago.
For the six months, net interest income was USD 422.24 million compared to USD 329.91 million a year ago. Net income was USD 208.23 million compared to USD 80.87 million a year ago. Basic earnings per share from continuing operations was USD 1.03 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 0.44 a year ago.
Home BancShares, Inc. is a bank holding company. The Company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank originates loans primarily secured by single and multi-family real estate, residential construction, and commercial buildings. In addition, the Bank makes loans to small and medium-sized commercial businesses as well as to consumers for a variety of purposes. The Bank offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit. The Bank offers a range of products and services, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers.