secwatch.observer — SEC 8-K summary
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Issuer:     HOME BANCSHARES INC (HOMB)
CIK:        0001331520
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001331520-25-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home BancShares Q4 net income $100.6M ($0.51 EPS), up 16.7% YoY; completes Texas loan cleanup
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- Q4 net income $100.6M ($0.51 diluted EPS) vs $86.2M ($0.43) in Q4 2023; full-year 2024 net income >$400M.
- Net interest margin expanded to 4.39% from 4.28% in Q3; paid off $700M BTFP advance, adding 6 bps.
- Recorded $16.7M hurricane credit loss expense (Q3+Q4 total $33.4M); net charge-offs $53.4M driven by Texas cleanup.
- Total revenue (net) $258.4M vs $245.6M year ago; efficiency ratio improved to 42.24%.
- Tangible book value $12.68; CET1 ratio 15.1%; allowance for credit losses at 1.87% of loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331520/000133152025000004/0001331520-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331520/000133152025000004/homb-20250115.htm
  HTML page:      https://secwatch.observer/filing/0001331520-25-000004

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