secwatch.observer — SEC 8-K summary
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Issuer:     HOME BANCSHARES INC (HOMB)
CIK:        0001331520
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001331520-22-000040
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home BancShares completes $962M acquisition of Happy Bancshares, adds 62 Texas branches
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- Total consideration of ~$962M: 42.4M shares of HOMB valued at $958.8M plus $3.1M cash for stock appreciation rights.
- Happy Bancshares had $6.81B in assets, $3.59B in loans, and $5.81B in deposits as of Dec 31, 2021.
- Deal closed April 1; combined company now operates 222 branches in Arkansas, Florida, Texas, South Alabama, and NYC.
- John Allison says acquisition is 'immediately accretive' and marks long-awaited entry into the Texas market.
- Piper Sandler served as financial advisor to Home; Stephens Inc. advised Happy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331520/000133152022000040/0001331520-22-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331520/000133152022000040/homb-20220401.htm
  HTML page:      https://secwatch.observer/filing/0001331520-22-000040

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