Home Bancshares, Inc. Conway, Ar Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 21, 2021 at 08:15 am
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Home Bancshares, Inc. Conway, AR announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 148.025 million compared to USD 139.783 million a year ago. Net income was USD 81.794 million compared to USD 73.262 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.44 a year ago. For the full year, net interest income was USD 582.555 million compared to USD 563.217 million a year ago. Net income was USD 214.448 million compared to USD 289.539 million a year ago. Basic earnings per share from continuing operations was USD 1.3 compared to USD 1.73 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.