secwatch.observer — SEC 8-K summary
======================================

Issuer:     HOME BANCSHARES INC (HOMB)
CIK:        0001331520
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001331520-24-000172
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home BancShares Q3 net income $100.0M, EPS $0.50; hurricane reserve boosted
---------------------------------------------------------------------------

- Net income of $100.0M ($0.50 diluted EPS); adjusted EPS also $0.50.
- Total revenue (net) $258.0M, up from $245.4M YoY; NIM expanded to 4.28%.
- Recorded $18.9M credit loss expense, including $16.7M hurricane reserve related to Hurricane Helene.
- Loans grew $42.5M in Q3; non-performing assets to total assets 0.63% vs 0.42% a year ago.
- Tangible book value per share rose to $12.67 from $10.90 YoY; CET1 ratio 14.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331520/000133152024000172/0001331520-24-000172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331520/000133152024000172/homb-20241016.htm
  HTML page:      https://secwatch.observer/filing/0001331520-24-000172

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer