Home BancShares acquires Mountain Commerce Bancorp in $150M all-stock deal

HOME BANCSHARES INC

HOMB to issue ~5.4M shares valued at ~$150.1M (based on $27.66 VWAP); MCBI shareholders receive 0.85 HOMB shares per MCBI share.
Deal expected to be triple accretive: 2026 EPS +1.4%, 2027 EPS +3.0%, book value +0.7%, tangible book value +0.2%.
Pro forma bank will have ~$25B assets, $17B loans, $19.2B deposits, entering Knoxville/Nashville/Johnson City MSAs.
MCBI founder/CEO Bill Edwards to continue leading Tennessee operations under employment agreement; deal expected close first half 2026.
Termination fee of $6M under certain conditions; voting agreements cover ~22.5% of MCBI shares.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HOME BANCSHARES INC entered into Agreement and Plan of Merger with Mountain Commerce Bancorp, Inc. and Mountain Commerce Bank valued at approximately $150.1 million (effective 2025-12-07).

Action: entry
Agreement: merger
Counterparty: Mountain Commerce Bancorp, Inc. and Mountain Commerce Bank
Value: approximately $150.1 million
Effective: 2025-12-07

Exact text from the filing

On December 7, 2025, Home BancShares, Inc. (“Home”) its wholly-owned bank subsidiary, Centennial Bank, an Arkansas state bank (“Centennial”), and Home’s wholly-owned subsidiary HOMB Acquisition Sub IV, Inc. entered into an Agreement and Plan of Merger (the “Agreement”) with Mountain Commerce Bancorp, Inc., a Tennessee corporation (“MCBI”), and its wholly-owned bank subsidiary, Mountain Commerce Bank, a Tennessee state banking corporation (“MCB”), under which Home and Centennial will acquire MCBI and MCB.

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Source: SEC EDGAR

accession 0001331520-25-000155

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