secwatch.observer — SEC 8-K summary
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Issuer:     HOME BANCSHARES INC (HOMB)
CIK:        0001331520
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0001331520-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home BancShares posts record annual net income $319M, Q4 EPS $0.45; Happy merger expected Q1 2022
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- Q4 2021 net income $73.4M ($0.45 diluted EPS); full-year record $319.0M ($1.94 EPS).
- Net interest margin 3.42% (down 18bps QoQ); no provision for credit losses recorded.
- Total loans $9.84B, down $65M QoQ; legacy footprint declined $222M organic + $128.7M PPP; Centennial CFG grew $285.7M.
- Tangible book value per share $10.80, up 7.86% annualized from $10.59; allowance for credit losses 2.41% of loans.
- Happy Bancshares acquisition expected to close Q1 2022, pending Fed approval; state and shareholder approvals received.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331520/000133152022000007/0001331520-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331520/000133152022000007/homb-20220120.htm
  HTML page:      https://secwatch.observer/filing/0001331520-22-000007

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