{"success":true,"data":{"pressRelease":{"id":"169609","rtpr_id":"nGNX7bZv6f-20261014","ticker":"HOMB","exchange":"NYSE","all_tickers":["HOMB"],"title":"Home BancShares Reports Record Third Quarter Net Income, Bringing the Company Closer to a Half-Billion-Dollar Year","author":"Globe Newswire","published_at":"2026-10-14T21:15:00.981Z","article_body":"CONWAY, Ark., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE:\nHOMB) (“Home” or the “Company”), parent company of Centennial Bank,\nreleased quarterly earnings today.\n\nQuarterly Highlights\n\n Metric Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 \n Net income $129.5 million $119.3 million $118.2 million $118.2 million $123.6 million \n Net income, as adjusted (non-GAAP) ((1)) $129.1 million $128.1 million $118.2 million $117.9 million $119.7 million \n Total revenue (net) $288.4 million $295.1 million $266.7 million $282.1 million $277.7 million \n Income before income taxes $166.9 million $154.4 million $152.2 million $153.3 million $159.3 million \n Pre-tax, pre-provision, net income (PPNR) (non-GAAP) ((1)) $166.9 million $159.6 million $152.7 million $167.7 million $162.8 million \n PPNR, as adjusted (non-GAAP) ((1)) $166.6 million $171.2 million $152.7 million $167.1 million $157.7 million \n Pre-tax net income to total revenue (net) 57.87% 52.32% 57.08% 54.35% 57.38% \n Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP) ((1)) 57.75% 56.27% 57.06% 54.14% 55.53% \n P5 (NR)(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP) ((1)) 57.87% 54.08% 57.27% 59.46% 58.64% \n P5 (NR), as adjusted (non-GAAP) ((1)) 57.75% 58.03% 57.25% 59.25% 56.80% \n ROA 2.12% 1.95% 2.09% 2.06% 2.17% \n ROA, as adjusted (non-GAAP) ((1)) 2.11% 2.09% 2.09% 2.05% 2.10% \n NIM 4.53% 4.51% 4.51% 4.61% 4.56% \n Purchase accounting accretion $2.9 million $3.6 million $1.1 million $1.3 million $1.3 million \n ROE 11.24% 10.55% 11.09% 11.04% 11.91% \n ROE, as adjusted (non-GAAP) ((1)) 11.20% 11.32% 11.08% 11.01% 11.54% \n ROTCE (non-GAAP) ((1)) 16.59% 15.67% 16.56% 16.65% 18.28% \n ROTCE, as adjusted (non-GAAP) ((1)) 16.54% 16.82% 16.55% 16.60% 17.70% \n Diluted earnings per share $0.65 $0.59 $0.60 $0.60 $0.63 \n Diluted earnings per share, as adjusted (non-GAAP) ((1)) $0.65 $0.64 $0.60 $0.60 $0.61 \n Non-performing assets to total assets 1.02% 0.93% 0.97% 0.55% 0.56% \n Common equity tier 1 capital 16.7% 16.3% 16.7% 16.3% 16.1% \n Leverage 14.3% 13.9% 14.3% 14.1% 13.8% \n Tier 1 capital 16.7% 16.3% 16.7% 16.3% 16.1% \n Total risk-based capital 19.4% 19.0% 19.5% 19.1% 18.9% \n Allowance for credit losses to total loans 1.93% 1.92% 1.90% 1.90% 1.87% \n Book value per share $22.74 $22.68 $22.15 $21.88 $21.41 \n Tangible book value per share (non-GAAP) ((1)) $15.35 $15.32 $14.87 $14.60 $14.13 \n Dividends per share $0.23 $0.21 $0.21 $0.21 $0.20 \n Shareholder buyback yield ((2)) 0.69% 0.77% 0.25% 0.27% 0.18% \n\n( (1)) Calculation of this metric and the reconciliation to GAAP are included\nin the schedules accompanying this release.\n( (2) )Calculation of this metric is included in the schedules accompanying\nthis release.\n\n“In banking some play the growth game. At HOMB, we focus on stability.\nStrength is no accident, it’s our culture, and for that I am proud. Our team\ndelivered a very solid and safe third quarter,” said John Allison, Chairman.\n\n Quarterly Financial Performance Trends \n Net income reached a Company-record $129.5 million for the third quarter of 2026, compared to $119.3 million for the second quarter of 2026 and $123.6 million for the PPNR (non-GAAP) ((1))totaled $166.9 million for the third quarter of 2026, compared to $159.6 million in the prior quarter and $162.8 million in the third quarter of 2025. PPNR, as adjusted (non-GAAP) ((1) )totaled $166.6 million, compared to $171.2 million in the prior quarter and $157.7 million in the third quarter of 2025, reflecting the continued strength and resilience of the \n third quarter of 2025. Net income, as adjusted (non-GAAP) ((1)), also reached a Company-record of $129.1 million, increasing 0.8% from $128.1 million in the prior quarter Company's earnings performance. \n and 7.9% from $119.7 million in the third quarter of 2025. \n Dollar amounts presented below in thousands. \n \n \n Net interest income after credit loss expense totaled $242.0 million for the third quarter of 2026, compared to $236.4 million in the prior quarter and $222.7 million for Non-interest income totaled $46.4 million for the third quarter of 2026, compared to $53.5 million in the second quarter of 2026 and $51.5 million in the third quarter of 2025. Results for the quarter reflect the normal variability of fee-based revenue categories while continuing to contribute to the Company's overall earnings performance. \n the third quarter of 2025. The increase from both the linked quarter and prior-year period was driven by strong net interest income generation and a reduction in credit \n loss expense. \n \n\n\n\n Total revenue (net) totaled $288.4 million for the third quarter of 2026, compared to $295.1 million in the prior quarter and $277.7 million in the third quarter of 2025. Non-interest expense totaled $121.5 million for the third quarter of 2026, compared to $135.5 million in the prior quarter and $114.8 million in the third quarter of 2025. The linked-quarter decrease was primarily driven by the absence of acquisition-related expenses incurred during the second quarter, while the increase from the prior-year quarter reflects the impact of franchise growth and continued investment in the Company's operations. Interest expense decreased from both the prior quarter and prior-year period, reflecting continued improvement in the Company's funding costs. \n While revenue declined modestly from the linked quarter, results remained strong and increased from the third quarter of 2025, reflecting continued strength in net \n interest income and the Company's banking operations. \n \n \n The efficiency ratio was 40.78% for the third quarter of 2026, compared to 44.54% in the prior quarter and 40.21% in the third quarter of 2025. The efficiency ratio, as Return on average assets (ROA) was 2.12% for the third quarter of 2026, compared to 1.95% in the prior quarter and 2.17% in the third quarter of 2025. ROA, as adjusted (non-GAAP) ((1)), was 2.11%, compared to 2.09% in the prior quarter and 2.10% in the third quarter of 2025. The linked-quarter improvement in both reported and adjusted ROA reflects strong earnings performance and the absence of acquisition-related expenses recognized during the second quarter, while adjusted ROA improved from the prior-year quarter, demonstrating the Company's continued ability to generate strong returns on its asset \n adjusted (non-GAAP) ((1)), was 40.84%, compared to 40.46% in the prior quarter and 40.95% in the third quarter of 2025. The improvement in the reported efficiency ratio base. \n from the linked quarter primarily reflects the absence of acquisition-related expenses recognized during the second quarter. On an adjusted basis, the efficiency ratio \n remained relatively stable compared to the prior quarter and improved modestly from the prior-year period, reflecting continued operating discipline. \n \n\n\n\n The tables below present additional key financial metrics over the past five quarters, including net interest margin (NIM), yield on interest-earning assets, rate on interest-bearing liabilities, and net interest spread. These metrics are fundamental indicators of the Company’s profitability and operational efficiency. \n \n \n Book value per share increased to $22.74 at September 30, 2026, compared to $22.68 at June 30, 2026 and $21.41 at September 30, 2025. Tangible book value per share (non-GAAP) ((1))increased to $15.35 from $15.32 in the prior quarter and $14.13 in the prior-year period. The continued growth in both book value per share and tangible book value per share reflects the Company's strong earnings generation during the past year and disciplined capital management. \n \n\n\n\nOperating Highlights\n\nNet income for the three-month period ended September 30, 2026 was\n$129.5 million, or $0.65 diluted earnings per share, both of which were\nrecords for the Company. When adjusting for non-fundamental items, net income\nand diluted earnings per share on an as-adjusted basis (non-GAAP), were $129.1\nmillion((1)) and $0.65 per share((1)), respectively, for the three months\nended September 30, 2026.\n\nOur net interest margin was 4.53% and 4.51% for the three-month periods ended\nSeptember 30, 2026 and June 30, 2026, respectively. The yield on loans was\n6.95% and 7.00% for the three months ended September 30, 2026 and June 30,\n2026, respectively, as average loans decreased from $17.08 billion to $17.06\nbillion. The rate on interest bearing deposits decreased to 2.37% for the\nthree-month period ended September 30, 2026, from 2.39% for the three-month\nperiod ended June 30, 2026, and average interest-bearing deposits decreased\nfrom $14.69 billion to $14.43 billion.\n\nDuring the third quarter of 2026, there was $1.5 million of event interest\nincome compared to $1.7 million of event interest income for the second\nquarter of 2026. Purchase accounting accretion on acquired loans was $2.9\nmillion and $3.6 million for the three-month periods ended September 30, 2026\nand June 30, 2026, respectively, and average purchase accounting loan\ndiscounts were $39.4 million and $42.0 million for the three-month periods\nended September 30, 2026 and June 30, 2026, respectively. The decrease in\naccretion was dilutive to the net interest margin by one basis point.\n\nNet interest income on a fully taxable equivalent basis was $244.5 million for\nthe three-month period ended September 30, 2026, compared to $244.3 million\nfor the three-month period ended June 30, 2026. This increase in net interest\nincome for the three-month period ended September 30, 2026, was the result of\na $2.3 million decrease in interest expense, which was partially offset by a\n$2.1 million decrease in interest income. The $2.3 million decrease in\ninterest expense was due to a $1.2 million decrease in interest expense on\ndeposits and a $1.1 million decrease in interest expense on FHLB and other\nborrowed funds. The $2.1 million decrease in interest income was primarily the\nresult of a $1.6 million decrease in income from interest-bearing balances due\nfrom banks and a $963,000 decrease in income from investments.\n\nThe Company reported $46.4 million of non-interest income for the third\nquarter of 2026. The most important components of non-interest income were\n$12.0 million from other service charges and fees, $11.6 million from other\nincome, $10.4 million from service charges on deposit accounts, $4.0 million\nfrom trust fees, $3.8 million in mortgage lending income, $2.6 million from\ndividends from FHLB, FRB, FNBB and other, $1.5 million from the increase in\ncash value of life insurance, $744,000 in income from the gain on sale of\nbranches, equipment and other assets and $561,000 in insurance commissions,\nwhich were partially offset by $916,000 in expense from the fair value\nadjustment for marketable securities. Included within other income was\n$528,000 in bank-owned life insurance death benefit income, and included\nwithin the $744,000 in income from the gain on sale of branches, equipment and\nother assets was a $710,000 gain from the sale of a former branch location in\nArkansas.\n\nNon-interest expense for the third quarter of 2026 was $121.5 million. The\nmost important components of non-interest expense were $67.6 million of\nsalaries and employee benefits expense, $28.9 million in other operating\nexpense, $15.8 million in occupancy and equipment expenses, and $9.2 million\nin data processing expenses. For the third quarter of 2026, our efficiency\nratio was 40.78%, and our efficiency ratio, as adjusted (non-GAAP), was\n40.84%((1))(.)\n\nFinancial Condition\n\nTotal loans receivable were $16.91 billion at September 30, 2026, compared to\n$17.13 billion at June 30, 2026. Total deposits were $18.76 billion at\nSeptember 30, 2026, compared to $19.11 billion at June 30, 2026. Total\nassets were $24.15 billion at September 30, 2026, compared to $24.71 billion\nat June 30, 2026.\n\nDuring the third quarter of 2026, the Company had a $216.6 million decrease in\nloans. Our community banking footprint experienced $255.7 million in organic\nloan decline during the quarter ended September 30, 2026, while Centennial\nCFG experienced $39.1 million of organic loan growth in the third quarter,\nwith $2.08 billion of loans outstanding at September 30, 2026.\n\nNon-performing loans to total loans were 1.19% and 1.08% at September 30,\n2026 and June 30, 2026, respectively. Non-performing assets to total assets\nwere 1.02% and 0.93% at September 30, 2026 and June 30, 2026, respectively.\nNet loans charged-off were $2.1 million and $5.8 million for the three months\nended September 30, 2026 and June 30, 2026, respectively. The charge-off\ndetail by region for the quarters ended September 30, 2026 and June 30, 2026\ncan be seen below.\n\n For the Three Months Ended September 30, 2026 \n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Charge-offs $ 848 $ 947 $ — $ 679 $ 1,165 $ 18 $ 12 $ 3,669 \n Recoveries (199 ) (228 ) — (6 ) (1,085 ) — (2 ) (1,520 ) \n Net charge-offs (recoveries) $ 649 $ 719 $ — $ 673 $ 80 $ 18 $ 10 $ 2,149 \n\n\n\n For the Three Months Ended June 30, 2026 \n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Charge-offs $ 1,708 $ 2,605 $ — $ 1,896 $ 286 $ 11 $ 14 $ 6,520 \n Recoveries (249 ) (324 ) — (5 ) (142 ) — (2 ) (722 ) \n Net charge-offs (recoveries) $ 1,459 $ 2,281 $ — $ 1,891 $ 144 $ 11 $ 12 $ 5,798 \n\n\n\nAt September 30, 2026, non-performing loans were $200.8 million, and\nnon-performing assets were $245.3 million. At June 30, 2026, non-performing\nloans were $185.3 million, and non-performing assets were $228.6 million.\n\nThe table below shows the non-performing loans and non-performing assets by\nregion as of September 30, 2026:\n\n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Non-accrual loans $ 126,160 $ 18,322 $ 14,844 $ 9,789 $ 22,581 $ 4,049 $ 44 $ 195,789 \n Loans 90+ days past due 2,129 1,079 — — 1,810 — — 5,018 \n Total non-performing loans 128,289 19,401 14,844 9,789 24,391 4,049 44 200,807 \n \n Foreclosed assets held for sale 16,379 2,478 22,812 — 315 1,382 — 43,366 \n Other non-performing assets — — — 1,140 — — — 1,140 \n Total other non-performing assets 16,379 2,478 22,812 1,140 315 1,382 — 44,506 \n Total non-performing assets $ 144,668 $ 21,879 $ 37,656 $ 10,929 $ 24,706 $ 5,431 $ 44 $ 245,313 \n\nThe table below shows the non-performing loans and non-performing assets by\nregion as of June 30, 2026:\n\n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Non-accrual loans $ 123,170 $ 19,529 $ — $ 11,886 $ 24,235 $ 4,335 $ 44 $ 183,199 \n Loans 90+ days past due 690 238 — — 282 916 — 2,126 \n Total non-performing loans 123,860 19,767 — 11,886 24,517 5,251 44 185,325 \n \n Foreclosed assets held for sale 15,647 2,028 22,812 — 260 1,392 — 42,139 \n Other non-performing assets — — — 1,140 — — — 1,140 \n Total other non-performing assets 15,647 2,028 22,812 1,140 260 1,392 — 43,279 \n Total non-performing assets $ 139,507 $ 21,795 $ 22,812 $ 13,026 $ 24,777 $ 6,643 $ 44 $ 228,604 \n\nThe Company’s allowance for credit losses on loans was $326.2 million, or\n1.93% of total loans, at September 30, 2026 compared to $328.4 million, or\n1.92% of total loans, at June 30, 2026. As of September 30, 2026 and\nJune 30, 2026, the Company’s allowance for credit losses on loans was\n162.45% and 177.19% of its total non-performing loans, respectively.\n\nShareholders’ equity was $4.53 billion at September 30, 2026, which\ndecreased approximately $17.7 million from June 30, 2026. The net decrease in\nshareholders’ equity is primarily associated with the $64.9 million decrease\nin accumulated other comprehensive income, the $39.6 million in stock\nrepurchases for the quarter and the $46.0 million in dividends paid during the\nquarter, which were partially offset by the $129.5 million in net income for\nthe quarter. Book value per common share was $22.74 at September 30, 2026,\ncompared to $22.68 at June 30, 2026. Tangible book value per common share\n(non-GAAP) was $15.35((1)) at September 30, 2026, compared to\n$15.32((1)) at June 30, 2026. Book value per common share and tangible book\nvalue per common share, as of September 30, 2026, were both records for the\nCompany.\n\nStock Repurchases and Dividends\n\nDuring the three-month period ended September 30, 2026, the Company\nrepurchased 1.3 million shares of common stock, which equated to a shareholder\nbuyback yield of 0.69%((2)). In comparison, during the three-month period\nended June 30, 2026, the Company repurchased 1.5 million shares of common\nstock, which equated to a shareholder buyback yield of 0.77%((2)). The Company\ndefines shareholder buyback yield as the percentage of the Company’s market\ncapitalization spent on share repurchases. It reflects how much the Company is\nreturning to the shareholders by reducing the number of outstanding shares,\nand it is calculated by dividing the Company’s total share repurchase cost\nfor the period by the Company’s total market capitalization at the beginning\nof the period.\n\nIn addition, during the quarter ended September 30, 2026, the Company paid a\ndividend of $0.23 per share. This cash dividend represented a $0.02, or 9.5%,\nincrease over the $0.21 cash dividend paid during the second quarter of 2026\nand a $0.03, or 15.0%, increase over the $0.20 cash dividend paid during the\nthird quarter of 2025.\n\nBranches\n\nThe Company currently has 75 branches in Arkansas, 78 branches in Florida, 59\nbranches in Texas, 8 branches in Tennessee, 5 branches in Alabama and one\nbranch in New York City.\n\nConference Call\n\nManagement will conduct a conference call to review this information at 1:00\np.m. CT (2:00 p.m. ET) on Thursday, October 15, 2026. We strongly encourage\nall participants to pre-register for the conference call webcast or the live\ncall using one of the following links. First, participants can pre-register\nfor the conference call webcast using the following link:\nhttps://events.q4inc.com/attendee/887189816. Participants who pre-register\nwill be given a unique webcast link to gain immediate access to the conference\ncall webcast. Second, participants can pre-register for the live call using\nthe following link: https://events.q4inc.com/analyst/887189816?pwd=Khijd6H0.\nParticipants who pre-register will be given the phone number and unique access\ncodes to gain immediate access to the live call. Participants may pre-register\nnow, or at any time prior to the call, and will immediately receive simple\ninstructions via email. The Home BancShares conference call will also be\nscheduled as an event in your Outlook calendar.\n\nThose without internet access or unable to pre-register may dial in and listen\nto the live call by calling 1-833-461-5787, Passcode: 887189816. A replay of\nthe call will be available using the following link:\nhttps://events.q4inc.com/attendee/887189816. Internet access to the call will\nbe available live or in recorded version on the Company's website at\nwww.homebancshares.com.\n\nAbout Home BancShares\n\nHome BancShares, Inc. is a bank holding company headquartered in Conway,\nArkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range\nof commercial and retail banking plus related financial services to\nbusinesses, real estate developers, investors, individuals and municipalities.\nCentennial Bank has branch locations in Arkansas, Florida, Texas, Tennessee,\nSouth Alabama and New York City. The Company’s common stock is traded\nthrough the New York Stock Exchange under the symbol “HOMB.” The Company\nwas founded in 1998. Visit www.homebancshares.com or www.my100bank.com for\nmore information.\n\nNon-GAAP Financial Measures\n\nThis press release contains financial information determined by methods other\nthan in accordance with generally accepted accounting principles (GAAP). The\nCompany’s management uses these non-GAAP financial measures--including net\nincome (earnings), as adjusted; pre-tax, pre-provision, net income (PPNR);\nPPNR, as adjusted; pre-tax net income, as adjusted, to total revenue (net);\npre-tax, pre-provision, profit percentage; pre-tax, pre-provision, profit\npercentage, as adjusted; diluted earnings per common share, as adjusted;\nreturn on average assets, as adjusted; return on average assets excluding\nintangible amortization; return on average assets, as adjusted, excluding\nintangible amortization; return on average common equity, as adjusted; return\non average tangible common equity; return on average tangible common equity,\nas adjusted; return on average tangible common equity excluding intangible\namortization; return on average tangible common equity, as adjusted, excluding\nintangible amortization; efficiency ratio, as adjusted; tangible book value\nper common share and tangible common equity to tangible assets--to provide\nmeaningful supplemental information regarding our performance. These measures\ntypically adjust GAAP performance measures to include the tax benefit\nassociated with revenue items that are tax-exempt, as well as adjust income\nand equity available to common shareholders for certain significant items or\ntransactions that management believes are not indicative of the Company’s\nprimary business operating results. Since the presentation of these GAAP\nperformance measures and their impact differ between companies, management\nbelieves presentations of these non-GAAP financial measures provide useful\nsupplemental information that is essential to a proper understanding of the\noperating results of the Company’s business. These non-GAAP disclosures\nshould not be viewed as a substitute for operating results determined in\naccordance with GAAP, nor are they necessarily comparable to non-GAAP\nperformance measures that may be presented by other companies. Where non-GAAP\nfinancial measures are used, the comparable GAAP financial measure, as well as\nthe reconciliation to the comparable GAAP financial measure, can be found in\nthe tables of this release.\n\n(1) Calculation of this metric and the reconciliation to GAAP are included in\nthe schedules accompanying this release.\n\n(2) Calculation of this metric is included in the schedules accompanying this\nrelease.\n\nGeneral\n\nThis release contains forward-looking statements regarding the Company’s\nplans, expectations, goals and outlook for the future, including future\nfinancial results. Statements in this press release that are not historical\nfacts should be considered forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. Forward-looking\nstatements, including any prospective financial information, are not fact and\nshould not be relied upon as being guarantees or necessarily indicative of\nfuture events, performance or results. Readers are cautioned not to place\nundue reliance on any prospective financial information or other\nforward-looking statements contained in this news release. When we use words\nor phrases like “may,” “will,” “plan,” “propose,”\n“contemplate,” “anticipate,” “believe,” “intend,”\n“continue,” “expect,” “project,” “predict,” “estimate,”\n“could,” “should,” “would,” “bringing it closer to” and\nsimilar expressions, you should consider them as identifying forward-looking\nstatements, although we may use other phrasing. Forward-looking statements of\nthis type speak only as of the date of this news release and are based on\nvarious assumptions, estimates and judgments. By nature, forward-looking\nstatements involve inherent risks and uncertainties. Various factors could\ncause actual results to differ materially from those contemplated by the\nforward-looking statements. These factors include, but are not limited to, the\nfollowing: economic conditions, credit quality, interest rates, loan demand,\nreal estate values and unemployment, including any future impacts from\ninflation or changes in tariffs or trade policies; the risk that the\nanticipated benefits from the completed acquisition of Mountain Commerce\nBancorp, Inc. (“MCBI”) may not be fully realized or may take longer to\nrealize than expected, including as a result of changes in general economic\nand market conditions, interest and exchange rates, monetary policy, laws and\nregulations and their enforcement, and the degree of competition in the\ngeographic and business areas in which Home and MCBI operate; the ability to\npromptly and effectively integrate the businesses of Home and MCBI; the\nability to retain key employees, customers and business relationships\nfollowing the acquisition; the reaction to the completed acquisition of the\ncompanies’ customers, employees and counterparties; diversion of management\ntime on integration-related issues; the possibility that the costs of\nintegration may be greater than anticipated; the effect of any future mergers,\nacquisitions or other transactions to which we or our bank subsidiary may from\ntime to time be a party, including as a result of one or more of the factors\ndescribed above as they would relate to such transaction; the ability to\nidentify, complete and successfully integrate additional acquisitions; the\navailability of and access to capital and liquidity on terms acceptable to us;\nlegislative and regulatory changes and risks and expenses associated with\ncurrent and future legislation and regulations; technological changes and\ncybersecurity risks and incidents; the effects of changes in accounting\npolicies and practices; changes in governmental monetary and fiscal policies;\nthe impacts of political instability, ongoing or future military conflicts and\nother major domestic or international events; the impacts of recent or future\nadverse weather events, including hurricanes, and other natural disasters;\ncompetition from other financial institutions; potential claims, expenses and\nother adverse effects related to current or future litigation, regulatory\nexaminations or other government actions; potential increases in deposit\ninsurance assessments, increased regulatory scrutiny or market disruptions\nresulting from financial challenges in the banking industry; disruptions,\nuncertainties and related effects on credit quality, liquidity and other\naspects of our business and operations that may result from any future public\nhealth crises; changes in the assumptions used in making the forward-looking\nstatements; and other factors described in reports we file with the Securities\nand Exchange Commission (the “SEC”), including those factors set forth in\nour Annual Report on Form 10-K for the year ended December 31, 2025, filed\nwith the SEC on February 27, 2026. Home undertakes no obligation to update the\ninformation in this press release, except as otherwise required by law.\n\nFOR MORE INFORMATION CONTACT:\nDonna Townsell\nDirector of Investor Relations\nHome BancShares, Inc.\n(501) 328-4625\n\n\n\n Home BancShares, Inc. \n Consolidated End of Period Balance Sheets \n (Unaudited) \n \n (In thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 \n ASSETS \n Cash and due from banks $ 281,515 $ 279,660 $ 296,209 $ 237,224 $ 284,750 \n Interest-bearing deposits with other banks 577,537 772,859 815,714 430,113 516,170 \n Cash and cash equivalents 859,052 1,052,519 1,111,923 667,337 800,920 \n Federal funds sold 4,025 5,450 6,025 3,000 3,625 \n Investment securities - available-for-sale, net of allowance for credit losses 2,613,377 2,776,216 2,803,847 2,871,931 2,924,496 \n Investment securities - held-to-maturity, net of allowance for credit losses 1,250,246 1,254,802 1,256,635 1,259,262 1,264,200 \n Total investment securities 3,863,623 4,031,018 4,060,482 4,131,193 4,188,696 \n Loans receivable 16,910,621 17,127,208 15,633,628 15,686,209 15,285,972 \n Allowance for credit losses (326,220 ) (328,369 ) (297,634 ) (297,583 ) (285,649 ) \n Loans receivable, net 16,584,401 16,798,839 15,335,994 15,388,626 15,000,323 \n Bank premises and equipment, net 439,729 437,552 374,010 369,324 374,515 \n Foreclosed assets held for sale 43,366 42,139 40,874 39,831 41,263 \n Cash value of life insurance 232,361 233,515 221,830 220,469 219,075 \n Accrued interest receivable 111,688 108,384 106,628 108,939 110,702 \n Deferred tax asset, net 170,002 153,803 143,987 148,022 155,963 \n Goodwill 1,410,211 1,410,211 1,398,253 1,398,253 1,398,253 \n Core deposit intangible 62,651 65,541 30,355 32,293 34,231 \n Other assets 364,555 374,277 371,318 374,592 380,236 \n Total assets $ 24,145,664 $ 24,713,248 $ 23,201,679 $ 22,881,879 $ 22,707,802 \n \n LIABILITIES AND SHAREHOLDERS' EQUITY \n Liabilities \n Deposits: \n Demand and non-interest-bearing $ 4,209,426 $ 4,447,710 $ 3,994,217 $ 3,868,405 $ 3,880,101 \n Savings and interest-bearing transaction accounts 12,354,400 12,423,361 11,971,866 11,792,828 11,500,921 \n Time deposits 2,191,743 2,242,034 1,772,192 1,818,724 1,946,674 \n Total deposits 18,755,569 19,113,105 17,738,275 17,479,957 17,327,696 \n Securities sold under agreements to repurchase 161,181 158,744 157,409 155,803 145,998 \n FHLB and other borrowed funds 250,250 450,250 500,250 500,250 550,500 \n Accrued interest payable and other liabilities 169,129 164,112 176,727 169,733 189,551 \n Subordinated debentures 279,774 279,602 279,433 279,265 279,093 \n Total liabilities 19,615,903 20,165,813 18,852,094 18,585,008 18,492,838 \n \n Shareholders' equity \n Common stock 1,992 2,005 1,964 1,964 1,969 \n Capital surplus 2,265,268 2,301,551 2,191,243 2,201,923 2,214,211 \n Retained earnings 2,496,333 2,412,859 2,335,787 2,258,871 2,181,911 \n Accumulated other comprehensive loss (233,832 ) (168,980 ) (179,409 ) (165,887 ) (183,127 ) \n Total shareholders' equity 4,529,761 4,547,435 4,349,585 4,296,871 4,214,964 \n Total liabilities and shareholders' equity $ 24,145,664 $ 24,713,248 $ 23,201,679 $ 22,881,879 $ 22,707,802 \n \n\n\n\n Home BancShares, Inc. \n Consolidated Statements of Income \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (In thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n Interest income: \n Loans $ 298,625 $ 298,066 $ 273,473 $ 285,491 $ 283,165 $ 870,164 $ 829,990 \n Investment securities \n Taxable 24,971 25,787 24,728 25,860 26,326 75,486 80,203 \n Tax-exempt 7,711 7,811 7,829 7,834 7,743 23,351 23,019 \n Deposits - other banks 3,546 5,135 4,945 4,405 6,242 13,626 21,813 \n Federal funds sold 43 37 48 41 56 128 164 \n Total interest income 334,896 336,836 311,023 323,631 323,532 982,755 955,189 \n Interest expense: \n Interest on deposits 86,280 87,432 79,145 83,739 87,962 252,857 263,237 \n FHLB and other borrowed funds 3,255 4,346 4,692 4,985 5,378 12,293 16,819 \n Securities sold under agreements to repurchase 1,009 1,057 927 962 1,019 2,993 3,105 \n Subordinated debentures 2,359 2,358 2,355 2,359 3,007 7,072 11,254 \n Total interest expense 92,903 95,193 87,119 92,045 97,366 275,215 294,415 \n Net interest income 241,993 241,643 223,904 231,586 226,166 707,540 660,774 \n Provision for credit losses on loans — 5,200 1,500 14,400 6,700 6,700 9,700 \n Recovery of credit losses on unfunded commitments — — (1,000 ) — (1,000 ) (1,000 ) (1,000 ) \n Recovery of credit losses on investment securities — — — — (2,194 ) — (2,194 ) \n Total credit loss expense — 5,200 500 14,400 3,506 5,700 6,506 \n Net interest income after credit loss expense 241,993 236,443 223,404 217,186 222,660 701,840 654,268 \n Non-interest income: \n Service charges on deposit accounts 10,403 10,030 10,007 10,480 10,486 30,440 29,688 \n Other service charges and fees 12,008 12,973 9,810 11,148 12,130 34,791 35,462 \n Trust fees 3,969 6,109 5,482 5,121 4,600 15,560 14,594 \n Mortgage lending income 3,783 5,139 4,430 4,680 4,691 13,352 13,070 \n Insurance commissions 561 578 536 460 574 1,675 1,698 \n Increase in cash value of life insurance 1,530 1,553 1,368 1,400 1,404 4,451 4,661 \n Dividends from FHLB, FRB, FNBB & other 2,640 2,841 2,536 2,678 2,658 8,017 8,033 \n Gain on SBA loans — — 80 308 46 80 334 \n Gain (loss) on branches, equipment and other assets, net 744 3 (7 ) 11 (66 ) 740 743 \n Gain (loss) on OREO, net 81 332 707 203 (1 ) 1,120 (364 ) \n Fair value adjustment for marketable securities (916 ) 817 (1,248 ) 1,173 1,020 (1,347 ) 1,224 \n Other income 11,643 13,079 9,102 12,838 13,963 33,824 38,867 \n Total non-interest income 46,446 53,454 42,803 50,500 51,505 142,703 148,010 \n Non-interest expense: \n Salaries and employee benefits 67,607 68,742 63,236 62,891 63,804 199,585 189,977 \n Occupancy and equipment 15,819 15,787 14,867 14,434 14,828 46,473 43,276 \n Data processing expense 9,187 9,307 8,884 8,653 8,871 27,378 25,793 \n Merger and acquisition expenses — 12,726 394 580 — 13,120 — \n Other operating expenses 28,919 28,932 26,594 27,805 27,335 84,445 84,760 \n Total non-interest expense 121,532 135,494 113,975 114,363 114,838 371,001 343,806 \n Income before income taxes 166,907 154,403 152,232 153,323 159,327 473,542 458,472 \n Income tax expense 37,456 35,076 34,023 35,098 35,723 106,555 101,256 \n Net income $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n \n\n\n\n Home BancShares, Inc. \n Selected Financial Information \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars and shares in thousands, except per share data) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n PER SHARE DATA \n Diluted earnings per common share $ 0.65 $ 0.59 $ 0.60 $ 0.60 $ 0.63 $ 1.84 $ 1.80 \n Diluted earnings per common share, as adjusted (non-GAAP) ((1)) 0.65 0.64 0.60 0.60 0.61 1.88 1.75 \n Basic earnings per common share 0.65 0.59 0.60 0.60 0.63 1.84 1.81 \n Dividends per share - common 0.23 0.21 0.21 0.21 0.20 0.65 0.595 \n Shareholder buyback yield 0.69 % 0.77 % 0.25 % 0.27 % 0.18 % 1.73 % 1.19 % \n Book value per common share $ 22.74 $ 22.68 $ 22.15 $ 21.88 $ 21.41 $ 22.74 $ 21.41 \n Tangible book value per common share (non-GAAP) ((1)) 15.35 15.32 14.87 14.60 14.13 15.35 14.13 \n \n STOCK INFORMATION \n Average common shares outstanding 199,868 201,223 196,528 196,553 197,078 199,219 197,750 \n Average diluted shares outstanding 200,051 201,420 196,733 196,764 197,288 199,413 197,952 \n End of period common shares outstanding 199,210 200,460 196,394 196,357 196,889 199,210 196,889 \n \n ANNUALIZED PERFORMANCE METRICS \n Return on average assets (ROA) 2.12 % 1.95 % 2.09 % 2.06 % 2.17 % 2.05 % 2.11 % \n Return on average assets, as adjusted: (ROA, as adjusted) (non-GAAP) ((1)) 2.11 % 2.09 % 2.09 % 2.05 % 2.10 % 2.10 % 2.04 % \n Return on average assets excluding intangible amortization (non-GAAP) ((1)) 2.30 % 2.12 % 2.25 % 2.22 % 2.34 % 2.22 % 2.28 % \n Return on average assets, as adjusted, excluding intangible amortization (non-GAAP) ((1)) 2.29 % 2.27 % 2.25 % 2.22 % 2.27 % 2.27 % 2.21 % \n Return on average common equity (ROE) 11.24 % 10.55 % 11.09 % 11.04 % 11.91 % 10.94 % 11.81 % \n Return on average common equity, as adjusted: (ROE, as adjusted) (non-GAAP) ((1)) 11.20 % 11.32 % 11.08 % 11.01 % 11.54 % 11.19 % 11.45 % \n Return on average tangible common equity (ROTCE) (non-GAAP) ((1)) 16.59 % 15.67 % 16.56 % 16.65 % 18.28 % 16.23 % 18.31 % \n Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) (non-GAAP) ((1)) 16.54 % 16.82 % 16.55 % 16.60 % 17.70 % 16.59 % 17.75 % \n Return on average tangible common equity excluding intangible amortization (non-GAAP) ((1)) 16.87 % 15.96 % 16.76 % 16.85 % 18.51 % 16.48 % 18.55 % \n Return on average tangible common equity, as adjusted, excluding intangible amortization (non-GAAP) ((1)) 16.82 % 17.11 % 16.76 % 16.80 % 17.93 % 16.85 % 17.98 % \n \n (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. \n\n\n\n Home BancShares, Inc. \n Selected Financial Information \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n Efficiency ratio 40.78 % 44.54 % 41.59 % 39.54 % 40.21 % 42.34 % 41.35 % \n Efficiency ratio, as adjusted (non-GAAP) ((1)) 40.84 % 40.46 % 41.99 % 39.53 % 40.95 % 41.07 % 41.91 % \n Net interest margin - FTE (NIM) 4.53 % 4.51 % 4.51 % 4.61 % 4.56 % 4.52 % 4.48 % \n Fully taxable equivalent adjustment $ 2,516 $ 2,653 $ 2,661 $ 2,252 $ 2,916 $ 7,830 $ 7,976 \n Total revenue (net) 288,439 295,097 266,707 282,086 277,671 850,243 808,784 \n Pre-tax, pre-provision, net income (PPNR) (non-GAAP) ((1)) 166,907 159,603 152,732 167,723 162,833 479,242 464,978 \n PPNR, as adjusted (non-GAAP) ((1)) 166,585 171,238 152,677 167,130 157,704 490,500 450,929 \n Pre-tax net income to total revenue (net) 57.87 % 52.32 % 57.08 % 54.35 % 57.38 % 55.69 % 56.69 % \n Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP) ((1)) 57.75 % 56.27 % 57.06 % 54.14 % 55.53 % 57.02 % 54.95 % \n P5 (NR)(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP) ((1)) 57.87 % 54.08 % 57.27 % 59.46 % 58.64 % 56.37 % 57.49 % \n P5 (NR), as adjusted (non-GAAP) ((1)) 57.75 % 58.03 % 57.25 % 59.25 % 56.80 % 57.69 % 55.75 % \n Total purchase accounting accretion $ 2,875 $ 3,618 $ 1,061 $ 1,265 $ 1,272 $ 7,554 $ 3,883 \n Average purchase accounting loan discounts 39,395 41,962 12,507 13,753 15,009 31,399 16,257 \n \n OTHER OPERATING EXPENSES \n Advertising $ 2,179 $ 2,214 $ 2,227 $ 2,114 $ 2,149 $ 6,620 $ 6,131 \n Amortization of intangibles 2,890 2,889 1,938 1,938 2,024 7,717 6,096 \n Electronic banking expense 2,950 3,223 3,326 3,288 3,357 9,499 9,584 \n Directors' fees 402 416 518 388 405 1,336 1,288 \n Due from bank service charges 335 344 333 324 404 1,012 968 \n FDIC and state assessment 3,498 3,045 1,599 2,970 3,245 8,142 8,268 \n Insurance 1,073 1,090 1,074 1,044 1,110 3,237 3,158 \n Legal and accounting 1,235 1,426 914 1,362 1,061 3,575 7,062 \n Other professional fees 2,523 2,247 1,946 2,168 2,083 6,716 6,241 \n Operating supplies 877 769 748 759 773 2,394 2,195 \n Postage 580 684 543 564 538 1,807 1,529 \n Telephone 267 324 363 382 367 954 1,222 \n Other expense 10,110 10,261 11,065 10,504 9,819 31,436 31,018 \n \n Total other operating expenses $ 28,919 $ 28,932 $ 26,594 $ 27,805 $ 27,335 $ 84,445 $ 84,760 \n \n (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. \n\n\n\n Home BancShares, Inc. \n Selected Financial Information \n (Unaudited) \n \n (Dollars in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 \n BALANCE SHEET RATIOS \n Total loans to total deposits 90.16 % 89.61 % 88.13 % 89.74 % 88.22 % \n Common equity to assets 18.76 % 18.40 % 18.75 % 18.78 % 18.56 % \n Tangible common equity to tangible assets (non-GAAP) ((1)) 13.48 % 13.22 % 13.42 % 13.36 % 13.08 % \n \n LOANS RECEIVABLE \n Real estate \n Commercial real estate loans \n Non-farm/non-residential $ 5,543,038 $ 5,921,829 $ 5,395,529 $ 5,290,112 $ 5,494,492 \n Construction/land development 2,851,115 2,780,116 2,613,604 2,726,993 2,709,197 \n Agricultural 326,929 329,231 321,046 332,412 331,301 \n Residential real estate loans \n Residential 1-4 family 2,486,120 2,545,462 2,100,374 2,134,334 2,142,375 \n Multifamily residential 1,281,202 1,269,728 1,232,639 1,140,911 716,595 \n Total real estate 12,488,404 12,846,366 11,663,192 11,624,762 11,393,960 \n Consumer 1,305,141 1,278,008 1,254,936 1,253,746 1,233,523 \n Commercial and industrial 2,330,327 2,285,054 2,172,267 2,222,401 2,100,268 \n Agricultural 372,834 356,611 329,563 359,879 346,167 \n Other 413,915 361,169 213,670 225,421 212,054 \n Loans receivable $ 16,910,621 $ 17,127,208 $ 15,633,628 $ 15,686,209 $ 15,285,972 \n \n ALLOWANCE FOR CREDIT LOSSES \n Balance, beginning of period $ 328,369 $ 297,634 $ 297,583 $ 285,649 $ 281,869 \n Allowance for credit losses on acquired loans - MCBI — 31,333 — — — \n Loans charged off 3,669 6,520 2,849 3,063 4,651 \n Recoveries of loans previously charged off 1,520 722 1,400 597 1,731 \n Net loans charged off (recovered) 2,149 5,798 1,449 2,466 2,920 \n Provision for credit losses - loans — 5,200 1,500 14,400 6,700 \n Balance, end of period $ 326,220 $ 328,369 $ 297,634 $ 297,583 $ 285,649 \n \n Net charge-offs (recoveries) to average total loans 0.05 % 0.14 % 0.04 % 0.06 % 0.08 % \n Allowance for credit losses to total loans 1.93 % 1.92 % 1.90 % 1.90 % 1.87 % \n \n NON-PERFORMING ASSETS \n Non-performing loans \n Non-accrual loans $ 195,789 $ 183,199 $ 179,639 $ 78,002 $ 81,087 \n Loans past due 90 days or more 5,018 2,126 2,481 6,980 4,125 \n Total non-performing loans 200,807 185,325 182,120 84,982 85,212 \n Other non-performing assets \n Foreclosed assets held for sale, net 43,366 42,139 40,874 39,831 41,263 \n Other non-performing assets 1,140 1,140 1,140 — — \n Total other non-performing assets 44,506 43,279 42,014 39,831 41,263 \n Total non-performing assets $ 245,313 $ 228,604 $ 224,134 $ 124,813 $ 126,475 \n \n Allowance for credit losses for loans to non-performing loans 162.45 % 177.19 % 163.43 % 350.17 % 335.22 % \n Non-performing loans to total loans 1.19 % 1.08 % 1.16 % 0.54 % 0.56 % \n Non-performing assets to total assets 1.02 % 0.93 % 0.97 % 0.55 % 0.56 % \n \n (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. \n\n\n\n Home BancShares, Inc. \n Consolidated Net Interest Margin \n (Unaudited) \n \n Three Months Ended \n September 30, 2026 June 30, 2026 \n (Dollars in thousands) Average Balance Income/ Expense Yield/ Rate Average Balance Income/ Expense Yield/ Rate \n ASSETS \n Earning assets \n Interest-bearing balances due from banks $ 401,244 $ 3,546 3.51 % $ 555,186 $ 5,135 3.71 % \n Federal funds sold 4,743 43 3.60 % 4,042 37 3.67 % \n Investment securities - taxable 2,792,283 24,971 3.55 % 2,936,008 25,787 3.52 % \n Investment securities - non-taxable - FTE 1,174,643 10,113 3.42 % 1,165,876 10,260 3.53 % \n Loans receivable - FTE 17,055,603 298,739 6.95 % 17,083,743 298,270 7.00 % \n Total interest-earning assets 21,428,516 337,412 6.25 % 21,744,855 339,489 6.26 % \n Non-earning assets 2,791,365 2,780,403 \n Total assets $ 24,219,881 $ 24,525,258 \n \n LIABILITIES AND SHAREHOLDERS' EQUITY \n Liabilities \n Interest-bearing liabilities \n Savings and interest-bearing transaction accounts $ 12,209,970 $ 68,052 2.21 % $ 12,392,404 $ 68,650 2.22 % \n Time deposits 2,224,381 18,228 3.25 % 2,301,685 18,782 3.27 % \n Total interest-bearing deposits 14,434,351 86,280 2.37 % 14,694,089 87,432 2.39 % \n Federal funds purchased 11 — — % 30 — — % \n Securities sold under agreement to repurchase 151,203 1,009 2.65 % 167,885 1,057 2.53 % \n FHLB and other borrowed funds 351,588 3,255 3.67 % 466,734 4,346 3.73 % \n Subordinated debentures 279,689 2,359 3.35 % 279,519 2,358 3.38 % \n Total interest-bearing liabilities 15,216,842 92,903 2.42 % 15,608,257 95,193 2.45 % \n Non-interest bearing liabilities \n Non-interest bearing deposits 4,251,520 4,222,813 \n Other liabilities 181,041 158,476 \n Total liabilities 19,649,403 19,989,546 \n Shareholders' equity 4,570,478 4,535,712 \n Total liabilities and shareholders' equity $ 24,219,881 $ 24,525,258 \n Net interest spread 3.83 % 3.81 % \n Net interest income and margin - FTE $ 244,509 4.53 % $ 244,296 4.51 % \n \n\n\n\n Home BancShares, Inc. \n Consolidated Net Interest Margin \n (Unaudited) \n \n Nine Months Ended \n September 30, 2026 September 30, 2025 \n (Dollars in thousands) Average Balance Income/ Expense Yield/ Rate Average Balance Income/ Expense Yield/ Rate \n ASSETS \n Earning assets \n Interest-bearing balances due from banks $ 504,055 $ 13,626 3.61 % $ 664,308 $ 21,813 4.39 % \n Federal funds sold 4,687 128 3.65 % 5,037 164 4.35 % \n Investment securities - taxable 2,887,538 75,486 3.50 % 3,104,254 80,203 3.45 % \n Investment securities - non-taxable - FTE 1,172,057 30,658 3.50 % 1,121,481 30,294 3.61 % \n Loans receivable - FTE 16,611,685 870,687 7.01 % 15,056,440 830,691 7.38 % \n Total interest-earning assets 21,180,022 990,585 6.25 % 19,951,520 963,165 6.45 % \n Non-earning assets 2,732,719 2,710,647 \n Total assets $ 23,912,741 $ 22,662,167 \n \n LIABILITIES AND SHAREHOLDERS' EQUITY \n Liabilities \n Interest-bearing liabilities \n Savings and interest-bearing transaction accounts $ 12,158,366 $ 201,110 2.21 % $ 11,450,902 $ 211,120 2.47 % \n Time deposits 2,108,760 51,747 3.28 % 1,866,855 52,117 3.73 % \n Total interest-bearing deposits 14,267,126 252,857 2.37 % 13,317,757 263,237 2.64 % \n Federal funds purchased 14 — — % 19 — — % \n Securities sold under agreement to repurchase 156,986 2,993 2.55 % 148,462 3,105 2.80 % \n FHLB and other borrowed funds 438,979 12,293 3.74 % 572,538 16,819 3.93 % \n Subordinated debentures 279,521 7,072 3.38 % 405,285 11,254 3.71 % \n Total interest-bearing liabilities 15,142,626 275,215 2.43 % 14,444,061 294,415 2.73 % \n Non-interest bearing liabilities \n Non-interest bearing deposits 4,111,722 3,973,135 \n Other liabilities 172,277 201,228 \n Total liabilities 19,426,625 18,618,424 \n Shareholders' equity 4,486,116 4,043,743 \n Total liabilities and shareholders' equity $ 23,912,741 $ 22,662,167 \n Net interest spread 3.82 % 3.72 % \n Net interest income and margin - FTE $ 715,370 4.52 % $ 668,750 4.48 % \n \n\n\n\n Home BancShares, Inc. \n Non-GAAP Reconciliations \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars and shares in thousands, except per share data) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n NET INCOME (EARNINGS), AS ADJUSTED \n GAAP net income available to common shareholders (A) $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n Pre-tax adjustments \n Merger and acquisition expense — 12,726 394 580 — 13,120 — \n Gain on retirement of subordinated debt — — — — (1,882 ) — (1,882 ) \n FDIC special assessment credit — — (1,697 ) — — (1,697 ) (1,516 ) \n BOLI death benefits (528 ) (274 ) — — (187 ) (802 ) (1,430 ) \n Gain on sale of premises and equipment (710 ) — — — — (710 ) (983 ) \n Fair value adjustment for marketable securities 916 (817 ) 1,248 (1,173 ) (1,020 ) 1,347 (1,224 ) \n Special income from equity investment — — — — — — (7,389 ) \n Legal fee reimbursement — — — — — — (885 ) \n Legal claims expense — — — — — — 3,300 \n Recoveries on historic losses — — — — (2,040 ) — (2,040 ) \n Total pre-tax adjustments (322 ) 11,635 (55 ) (593 ) (5,129 ) 11,258 (14,049 ) \n Tax-effect of adjustments 50 2,901 (13 ) (231 ) (1,207 ) 2,938 (3,083 ) \n Total adjustments after-tax (B) (372 ) 8,734 (42 ) (362 ) (3,922 ) 8,320 (10,966 ) \n Net income, as adjusted (C) $ 129,079 $ 128,061 $ 118,167 $ 117,863 $ 119,682 $ 375,307 $ 346,250 \n \n Average diluted shares outstanding (D) 200,051 201,420 196,733 196,764 197,288 199,413 197,952 \n \n GAAP diluted earnings per share: (A/D) $ 0.65 $ 0.59 $ 0.60 $ 0.60 $ 0.63 $ 1.84 $ 1.80 \n Adjustments after-tax: (B/D) 0.00 0.05 0.00 0.00 (0.02 ) 0.04 (0.05 ) \n Diluted earnings per common share, as adjusted: (C/D) $ 0.65 $ 0.64 $ 0.60 $ 0.60 $ 0.61 $ 1.88 $ 1.75 \n \n ANNUALIZED RETURN ON AVERAGE ASSETS \n Return on average assets: (A/E) 2.12 % 1.95 % 2.09 % 2.06 % 2.17 % 2.05 % 2.11 % \n Return on average assets, as adjusted: (ROA, as adjusted) ((A+D)/E) 2.11 % 2.09 % 2.09 % 2.05 % 2.10 % 2.10 % 2.04 % \n Return on average assets excluding intangible amortization: ((A+C)/(E-F)) 2.30 % 2.12 % 2.25 % 2.22 % 2.34 % 2.22 % 2.28 % \n Return on average assets, as adjusted, excluding intangible amortization: ((A+C+D)/(E-F)) 2.29 % 2.27 % 2.25 % 2.22 % 2.27 % 2.27 % 2.21 % \n \n GAAP net income available to common shareholders (A) $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n Amortization of intangibles (B) 2,890 2,889 1,938 1,938 2,024 7,717 6,096 \n Amortization of intangibles after-tax (C) 2,186 2,185 1,466 1,466 1,529 5,837 4,607 \n Adjustments after-tax (D) (372 ) 8,734 (42 ) (362 ) (3,922 ) 8,320 (10,966 ) \n Average assets (E) 24,219,881 24,525,258 22,954,441 22,786,852 22,638,938 23,912,741 22,662,167 \n Average goodwill & core deposit intangible (F) 1,474,223 1,481,989 1,429,527 1,431,479 1,433,474 1,462,077 1,435,475 \n\n\n\n Home BancShares, Inc. \n Non-GAAP Reconciliations \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n ANNUALIZED RETURN ON AVERAGE COMMON EQUITY \n Return on average common equity: (A/D) 11.24 % 10.55 % 11.09 % 11.04 % 11.91 % 10.94 % 11.81 % \n Return on average common equity, as adjusted: (ROE, as adjusted) ((A+C)/D) 11.20 % 11.32 % 11.08 % 11.01 % 11.54 % 11.19 % 11.45 % \n Return on average tangible common equity: (ROTCE) (A/(D-E)) 16.59 % 15.67 % 16.56 % 16.65 % 18.28 % 16.23 % 18.31 % \n Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) ((A+C)/(D-E)) 16.54 % 16.82 % 16.55 % 16.60 % 17.70 % 16.59 % 17.75 % \n Return on average tangible common equity excluding intangible amortization: (B/(D-E)) 16.87 % 15.96 % 16.76 % 16.85 % 18.51 % 16.48 % 18.55 % \n Return on average tangible common equity, as adjusted, excluding intangible amortization: ((B+C)/(D-E)) 16.82 % 17.11 % 16.76 % 16.80 % 17.93 % 16.85 % 17.98 % \n \n GAAP net income available to common shareholders (A) $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n Earnings excluding intangible amortization (B) 131,637 121,512 119,675 119,691 125,133 372,824 361,823 \n Adjustments after-tax (C) (372 ) 8,734 (42 ) (362 ) (3,922 ) 8,320 (10,966 ) \n Average common equity (D) 4,570,478 4,535,712 4,324,720 4,248,856 4,115,884 4,486,116 4,043,743 \n Average goodwill & core deposits intangible (E) 1,474,223 1,481,989 1,429,527 1,431,479 1,433,474 1,462,077 1,435,475 \n \n EFFICIENCY RATIO & P5NR \n Efficiency ratio: ((D-G)/(B+C+E)) 40.78 % 44.54 % 41.59 % 39.54 % 40.21 % 42.34 % 41.35 % \n Efficiency ratio, as adjusted: ((D-G-I)/(B+C+E-H)) 40.84 % 40.46 % 41.99 % 39.53 % 40.95 % 41.07 % 41.91 % \n Pre-tax net income to total revenue (net) (A/(B+C)) 57.87 % 52.32 % 57.08 % 54.35 % 57.38 % 55.69 % 56.69 % \n Pre-tax net income, as adjusted, to total revenue (net) ((A+F)/(B+C)) 57.75 % 56.27 % 57.06 % 54.14 % 55.53 % 57.02 % 54.95 % \n Pre-tax, pre-provision, net income (PPNR) (B+C-D) $ 166,907 $ 159,603 $ 152,732 $ 167,723 $ 162,833 $ 479,242 $ 464,978 \n Pre-tax, pre-provision, net income, as adjusted (B+C-D+F) $ 166,585 $ 171,238 $ 152,677 $ 167,130 $ 157,704 $ 490,500 $ 450,929 \n P5 (NR)(Pre-tax, pre-provision, profit percentage) PPNR to total revenue (net)) (B+C-D)/(B+C) 57.87 % 54.08 % 57.27 % 59.46 % 58.64 % 56.37 % 57.49 % \n P5 (NR), as adjusted (B+C-D+F)/(B+C) 57.75 % 58.03 % 57.25 % 59.25 % 56.80 % 57.69 % 55.75 % \n \n Pre-tax net income (A) $ 166,907 $ 154,403 $ 152,232 $ 153,323 $ 159,327 $ 473,542 $ 458,472 \n Net interest income (B) 241,993 241,643 223,904 231,586 226,166 707,540 660,774 \n Non-interest income (C) 46,446 53,454 42,803 50,500 51,505 142,703 148,010 \n Non-interest expense (D) 121,532 135,494 113,975 114,363 114,838 371,001 343,806 \n Fully taxable equivalent adjustment (E) 2,516 2,653 2,661 2,252 2,916 7,830 7,976 \n Total pre-tax adjustments (F) (322 ) 11,635 (55 ) (593 ) (5,129 ) 11,258 (14,049 ) \n Amortization of intangibles (G) 2,890 2,889 1,938 1,938 2,024 7,717 6,096 \n \n Adjustments: \n Non-interest income: \n Gain on retirement of subordinated debt $ — $ — $ — $ — $ 1,882 $ — $ 1,882 \n Fair value adjustment for marketable securities (916 ) 817 (1,248 ) 1,173 1,020 (1,347 ) 1,224 \n Gain (loss) on OREO 81 332 707 203 (1 ) 1,120 (364 ) \n Gain (loss) on branches, equipment and other assets, net 744 3 (7 ) 11 (66 ) 740 743 \n Special income from equity investment — — — — — — 7,389 \n BOLI death benefits 528 274 — — 187 802 1,430 \n Legal fee reimbursement — — — — — — 885 \n Recoveries on historic losses — — — — 2,040 — 2,040 \n Total non-interest income adjustments (H) $ 437 $ 1,426 $ (548 ) $ 1,387 $ 5,062 $ 1,315 $ 15,229 \n \n Non-interest expense: \n FDIC special assessment credit — — (1,697 ) — — (1,697 ) (1,516 ) \n Merger and acquisition expenses — 12,726 394 580 — 13,120 — \n Legal claims expense — — — — — — 3,300 \n Total non-interest expense adjustments (I) $ — $ 12,726 $ (1,303 ) $ 580 $ — $ 11,423 $ 1,784 \n \n\n\n\n Home BancShares, Inc. \n Non-GAAP Reconciliations \n (Unaudited) \n \n Quarter Ended \n Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 \n TANGIBLE BOOK VALUE PER COMMON SHARE \n Book value per common share: (A/B) $ 22.74 $ 22.68 $ 22.15 $ 21.88 $ 21.41 \n Tangible book value per common share: ((A-C-D)/B) 15.35 15.32 14.87 14.60 14.13 \n \n Total shareholders' equity (A) $ 4,529,761 $ 4,547,435 $ 4,349,585 $ 4,296,871 $ 4,214,964 \n End of period common shares outstanding (B) 199,210 200,460 196,394 196,357 196,889 \n Goodwill (C) 1,410,211 1,410,211 1,398,253 1,398,253 1,398,253 \n Core deposit and other intangibles (D) 62,651 65,541 30,355 32,293 34,231 \n \n TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS \n Equity to assets: (B/A) 18.76 % 18.40 % 18.75 % 18.78 % 18.56 % \n Tangible common equity to tangible assets: ((B-C-D)/(A-C-D)) 13.48 % 13.22 % 13.42 % 13.36 % 13.08 % \n \n Total assets (A) $ 24,145,664 $ 24,713,248 $ 23,201,679 $ 22,881,879 $ 22,707,802 \n Total shareholders' equity (B) 4,529,761 4,547,435 4,349,585 4,296,871 4,214,964 \n Goodwill (C) 1,410,211 1,410,211 1,398,253 1,398,253 1,398,253 \n Core deposit and other intangibles (D) 62,651 65,541 30,355 32,293 34,231 \n\n\n\n Home BancShares, Inc. \n Shareholder Buyback Yield \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars and shares in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n SHAREHOLDER BUYBACK YIELD \n Shareholder buyback yield: (A/B) 0.69 % 0.77 % 0.25 % 0.27 % 0.18 % 1.73 % 1.19 % \n \n Shares repurchased 1,300 1,500 508 541 350 3,308 2,350 \n Average price per share $ 30.20 $ 26.94 $ 27.32 $ 27.26 $ 28.34 $ 28.28 $ 28.33 \n Principal cost 39,262 40,415 13,877 14,747 9,918 93,554 66,575 \n Excise tax 376 386 1 141 93 763 669 \n Total share repurchase cost (A) $ 39,638 $ 40,801 $ 13,878 $ 14,888 $ 10,011 $ 94,317 $ 67,244 \n \n Shares outstanding beginning of period 200,460 196,394 196,357 196,889 197,239 196,357 198,882 \n Price per share beginning of period $ 28.55 $ 26.93 $ 27.78 $ 28.30 $ 28.46 $ 27.78 $ 28.30 \n Market capitalization beginning of period (B) $ 5,723,133 $ 5,288,890 $ 5,454,797 $ 5,571,959 $ 5,613,422 $ 5,454,797 $ 5,628,361 \n \n \n\n\n\nPhotos accompanying this announcement are available at:\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/aed3b4e1-eee4-42d9-a936-5b1fd6bc1877\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/a601b72e-ffe3-4c9a-89f1-ab58936f9de3\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/c979db15-15fb-4775-8ffe-1848eea53c1c\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/08d8523c-e8f4-4c1e-ac37-2b301b9c6771\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/5b95afcc-60ea-4ebe-9c66-76cd1728bdd1\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/25ad1a86-2c3a-4c91-b246-87b8958914cb\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/07e47764-5817-4f73-9faf-b7f3dbbebb7b\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/d92d7071-ba21-492e-b61e-f11a78c9f6db\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/d9664e5e-a1e4-4165-882d-db8c7f455873\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/3adc083e-0405-4aac-92b1-603f001aa16d\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/b4b8d372-8119-4f1f-b1b4-8658fe4ab3a4\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d8da9fe7-0a68-45f2-8609-42d3e34eaca0)\nQTD Non-Interest Income \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/08d8523c-e8f4-4c1e-ac37-2b301b9c6771/en)\nQTD Non-Interest IncomeQTD NIM \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d9664e5e-a1e4-4165-882d-db8c7f455873/en)\nQTD NIMQTD Total Revenue (Net) \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5b95afcc-60ea-4ebe-9c66-76cd1728bdd1/en)\nQTD Total Revenue (Net)QTD ROA \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d92d7071-ba21-492e-b61e-f11a78c9f6db/en)\nQTD ROAQTD Expenses \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/25ad1a86-2c3a-4c91-b246-87b8958914cb/en)\nQTD ExpensesQTD NIM Yields/Rates \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/3adc083e-0405-4aac-92b1-603f001aa16d/en)\nQTD NIM Yields/RatesQTD Efficiency Ratio \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/07e47764-5817-4f73-9faf-b7f3dbbebb7b/en)\nQTD Efficiency RatioQTD Book Value Per Share \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b8d372-8119-4f1f-b1b4-8658fe4ab3a4/en)\nQTD Book Value Per ShareQTD Net Income \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/aed3b4e1-eee4-42d9-a936-5b1fd6bc1877/en)\nQTD Net IncomeQTD Net Interest Income \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c979db15-15fb-4775-8ffe-1848eea53c1c/en)\nQTD Net Interest IncomeQTD PPNR \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a601b72e-ffe3-4c9a-89f1-ab58936f9de3/en)\nQTD PPNR\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7bZv6f-20261014","title":"Home BancShares Reports Record Third Quarter Net Income, Bringing the Company Closer to a Half-Billion-Dollar Year","author":"Globe Newswire","ticker":"HOMB","created":"2026-10-14T21:15:00.981Z","tickers":["HOMB"],"exchange":"NYSE","article_body":"CONWAY, Ark., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE:\nHOMB) (“Home” or the “Company”), parent company of Centennial Bank,\nreleased quarterly earnings today.\n\nQuarterly Highlights\n\n Metric Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 \n Net income $129.5 million $119.3 million $118.2 million $118.2 million $123.6 million \n Net income, as adjusted (non-GAAP) ((1)) $129.1 million $128.1 million $118.2 million $117.9 million $119.7 million \n Total revenue (net) $288.4 million $295.1 million $266.7 million $282.1 million $277.7 million \n Income before income taxes $166.9 million $154.4 million $152.2 million $153.3 million $159.3 million \n Pre-tax, pre-provision, net income (PPNR) (non-GAAP) ((1)) $166.9 million $159.6 million $152.7 million $167.7 million $162.8 million \n PPNR, as adjusted (non-GAAP) ((1)) $166.6 million $171.2 million $152.7 million $167.1 million $157.7 million \n Pre-tax net income to total revenue (net) 57.87% 52.32% 57.08% 54.35% 57.38% \n Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP) ((1)) 57.75% 56.27% 57.06% 54.14% 55.53% \n P5 (NR)(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP) ((1)) 57.87% 54.08% 57.27% 59.46% 58.64% \n P5 (NR), as adjusted (non-GAAP) ((1)) 57.75% 58.03% 57.25% 59.25% 56.80% \n ROA 2.12% 1.95% 2.09% 2.06% 2.17% \n ROA, as adjusted (non-GAAP) ((1)) 2.11% 2.09% 2.09% 2.05% 2.10% \n NIM 4.53% 4.51% 4.51% 4.61% 4.56% \n Purchase accounting accretion $2.9 million $3.6 million $1.1 million $1.3 million $1.3 million \n ROE 11.24% 10.55% 11.09% 11.04% 11.91% \n ROE, as adjusted (non-GAAP) ((1)) 11.20% 11.32% 11.08% 11.01% 11.54% \n ROTCE (non-GAAP) ((1)) 16.59% 15.67% 16.56% 16.65% 18.28% \n ROTCE, as adjusted (non-GAAP) ((1)) 16.54% 16.82% 16.55% 16.60% 17.70% \n Diluted earnings per share $0.65 $0.59 $0.60 $0.60 $0.63 \n Diluted earnings per share, as adjusted (non-GAAP) ((1)) $0.65 $0.64 $0.60 $0.60 $0.61 \n Non-performing assets to total assets 1.02% 0.93% 0.97% 0.55% 0.56% \n Common equity tier 1 capital 16.7% 16.3% 16.7% 16.3% 16.1% \n Leverage 14.3% 13.9% 14.3% 14.1% 13.8% \n Tier 1 capital 16.7% 16.3% 16.7% 16.3% 16.1% \n Total risk-based capital 19.4% 19.0% 19.5% 19.1% 18.9% \n Allowance for credit losses to total loans 1.93% 1.92% 1.90% 1.90% 1.87% \n Book value per share $22.74 $22.68 $22.15 $21.88 $21.41 \n Tangible book value per share (non-GAAP) ((1)) $15.35 $15.32 $14.87 $14.60 $14.13 \n Dividends per share $0.23 $0.21 $0.21 $0.21 $0.20 \n Shareholder buyback yield ((2)) 0.69% 0.77% 0.25% 0.27% 0.18% \n\n( (1)) Calculation of this metric and the reconciliation to GAAP are included\nin the schedules accompanying this release.\n( (2) )Calculation of this metric is included in the schedules accompanying\nthis release.\n\n“In banking some play the growth game. At HOMB, we focus on stability.\nStrength is no accident, it’s our culture, and for that I am proud. Our team\ndelivered a very solid and safe third quarter,” said John Allison, Chairman.\n\n Quarterly Financial Performance Trends \n Net income reached a Company-record $129.5 million for the third quarter of 2026, compared to $119.3 million for the second quarter of 2026 and $123.6 million for the PPNR (non-GAAP) ((1))totaled $166.9 million for the third quarter of 2026, compared to $159.6 million in the prior quarter and $162.8 million in the third quarter of 2025. PPNR, as adjusted (non-GAAP) ((1) )totaled $166.6 million, compared to $171.2 million in the prior quarter and $157.7 million in the third quarter of 2025, reflecting the continued strength and resilience of the \n third quarter of 2025. Net income, as adjusted (non-GAAP) ((1)), also reached a Company-record of $129.1 million, increasing 0.8% from $128.1 million in the prior quarter Company's earnings performance. \n and 7.9% from $119.7 million in the third quarter of 2025. \n Dollar amounts presented below in thousands. \n \n \n Net interest income after credit loss expense totaled $242.0 million for the third quarter of 2026, compared to $236.4 million in the prior quarter and $222.7 million for Non-interest income totaled $46.4 million for the third quarter of 2026, compared to $53.5 million in the second quarter of 2026 and $51.5 million in the third quarter of 2025. Results for the quarter reflect the normal variability of fee-based revenue categories while continuing to contribute to the Company's overall earnings performance. \n the third quarter of 2025. The increase from both the linked quarter and prior-year period was driven by strong net interest income generation and a reduction in credit \n loss expense. \n \n\n\n\n Total revenue (net) totaled $288.4 million for the third quarter of 2026, compared to $295.1 million in the prior quarter and $277.7 million in the third quarter of 2025. Non-interest expense totaled $121.5 million for the third quarter of 2026, compared to $135.5 million in the prior quarter and $114.8 million in the third quarter of 2025. The linked-quarter decrease was primarily driven by the absence of acquisition-related expenses incurred during the second quarter, while the increase from the prior-year quarter reflects the impact of franchise growth and continued investment in the Company's operations. Interest expense decreased from both the prior quarter and prior-year period, reflecting continued improvement in the Company's funding costs. \n While revenue declined modestly from the linked quarter, results remained strong and increased from the third quarter of 2025, reflecting continued strength in net \n interest income and the Company's banking operations. \n \n \n The efficiency ratio was 40.78% for the third quarter of 2026, compared to 44.54% in the prior quarter and 40.21% in the third quarter of 2025. The efficiency ratio, as Return on average assets (ROA) was 2.12% for the third quarter of 2026, compared to 1.95% in the prior quarter and 2.17% in the third quarter of 2025. ROA, as adjusted (non-GAAP) ((1)), was 2.11%, compared to 2.09% in the prior quarter and 2.10% in the third quarter of 2025. The linked-quarter improvement in both reported and adjusted ROA reflects strong earnings performance and the absence of acquisition-related expenses recognized during the second quarter, while adjusted ROA improved from the prior-year quarter, demonstrating the Company's continued ability to generate strong returns on its asset \n adjusted (non-GAAP) ((1)), was 40.84%, compared to 40.46% in the prior quarter and 40.95% in the third quarter of 2025. The improvement in the reported efficiency ratio base. \n from the linked quarter primarily reflects the absence of acquisition-related expenses recognized during the second quarter. On an adjusted basis, the efficiency ratio \n remained relatively stable compared to the prior quarter and improved modestly from the prior-year period, reflecting continued operating discipline. \n \n\n\n\n The tables below present additional key financial metrics over the past five quarters, including net interest margin (NIM), yield on interest-earning assets, rate on interest-bearing liabilities, and net interest spread. These metrics are fundamental indicators of the Company’s profitability and operational efficiency. \n \n \n Book value per share increased to $22.74 at September 30, 2026, compared to $22.68 at June 30, 2026 and $21.41 at September 30, 2025. Tangible book value per share (non-GAAP) ((1))increased to $15.35 from $15.32 in the prior quarter and $14.13 in the prior-year period. The continued growth in both book value per share and tangible book value per share reflects the Company's strong earnings generation during the past year and disciplined capital management. \n \n\n\n\nOperating Highlights\n\nNet income for the three-month period ended September 30, 2026 was\n$129.5 million, or $0.65 diluted earnings per share, both of which were\nrecords for the Company. When adjusting for non-fundamental items, net income\nand diluted earnings per share on an as-adjusted basis (non-GAAP), were $129.1\nmillion((1)) and $0.65 per share((1)), respectively, for the three months\nended September 30, 2026.\n\nOur net interest margin was 4.53% and 4.51% for the three-month periods ended\nSeptember 30, 2026 and June 30, 2026, respectively. The yield on loans was\n6.95% and 7.00% for the three months ended September 30, 2026 and June 30,\n2026, respectively, as average loans decreased from $17.08 billion to $17.06\nbillion. The rate on interest bearing deposits decreased to 2.37% for the\nthree-month period ended September 30, 2026, from 2.39% for the three-month\nperiod ended June 30, 2026, and average interest-bearing deposits decreased\nfrom $14.69 billion to $14.43 billion.\n\nDuring the third quarter of 2026, there was $1.5 million of event interest\nincome compared to $1.7 million of event interest income for the second\nquarter of 2026. Purchase accounting accretion on acquired loans was $2.9\nmillion and $3.6 million for the three-month periods ended September 30, 2026\nand June 30, 2026, respectively, and average purchase accounting loan\ndiscounts were $39.4 million and $42.0 million for the three-month periods\nended September 30, 2026 and June 30, 2026, respectively. The decrease in\naccretion was dilutive to the net interest margin by one basis point.\n\nNet interest income on a fully taxable equivalent basis was $244.5 million for\nthe three-month period ended September 30, 2026, compared to $244.3 million\nfor the three-month period ended June 30, 2026. This increase in net interest\nincome for the three-month period ended September 30, 2026, was the result of\na $2.3 million decrease in interest expense, which was partially offset by a\n$2.1 million decrease in interest income. The $2.3 million decrease in\ninterest expense was due to a $1.2 million decrease in interest expense on\ndeposits and a $1.1 million decrease in interest expense on FHLB and other\nborrowed funds. The $2.1 million decrease in interest income was primarily the\nresult of a $1.6 million decrease in income from interest-bearing balances due\nfrom banks and a $963,000 decrease in income from investments.\n\nThe Company reported $46.4 million of non-interest income for the third\nquarter of 2026. The most important components of non-interest income were\n$12.0 million from other service charges and fees, $11.6 million from other\nincome, $10.4 million from service charges on deposit accounts, $4.0 million\nfrom trust fees, $3.8 million in mortgage lending income, $2.6 million from\ndividends from FHLB, FRB, FNBB and other, $1.5 million from the increase in\ncash value of life insurance, $744,000 in income from the gain on sale of\nbranches, equipment and other assets and $561,000 in insurance commissions,\nwhich were partially offset by $916,000 in expense from the fair value\nadjustment for marketable securities. Included within other income was\n$528,000 in bank-owned life insurance death benefit income, and included\nwithin the $744,000 in income from the gain on sale of branches, equipment and\nother assets was a $710,000 gain from the sale of a former branch location in\nArkansas.\n\nNon-interest expense for the third quarter of 2026 was $121.5 million. The\nmost important components of non-interest expense were $67.6 million of\nsalaries and employee benefits expense, $28.9 million in other operating\nexpense, $15.8 million in occupancy and equipment expenses, and $9.2 million\nin data processing expenses. For the third quarter of 2026, our efficiency\nratio was 40.78%, and our efficiency ratio, as adjusted (non-GAAP), was\n40.84%((1))(.)\n\nFinancial Condition\n\nTotal loans receivable were $16.91 billion at September 30, 2026, compared to\n$17.13 billion at June 30, 2026. Total deposits were $18.76 billion at\nSeptember 30, 2026, compared to $19.11 billion at June 30, 2026. Total\nassets were $24.15 billion at September 30, 2026, compared to $24.71 billion\nat June 30, 2026.\n\nDuring the third quarter of 2026, the Company had a $216.6 million decrease in\nloans. Our community banking footprint experienced $255.7 million in organic\nloan decline during the quarter ended September 30, 2026, while Centennial\nCFG experienced $39.1 million of organic loan growth in the third quarter,\nwith $2.08 billion of loans outstanding at September 30, 2026.\n\nNon-performing loans to total loans were 1.19% and 1.08% at September 30,\n2026 and June 30, 2026, respectively. Non-performing assets to total assets\nwere 1.02% and 0.93% at September 30, 2026 and June 30, 2026, respectively.\nNet loans charged-off were $2.1 million and $5.8 million for the three months\nended September 30, 2026 and June 30, 2026, respectively. The charge-off\ndetail by region for the quarters ended September 30, 2026 and June 30, 2026\ncan be seen below.\n\n For the Three Months Ended September 30, 2026 \n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Charge-offs $ 848 $ 947 $ — $ 679 $ 1,165 $ 18 $ 12 $ 3,669 \n Recoveries (199 ) (228 ) — (6 ) (1,085 ) — (2 ) (1,520 ) \n Net charge-offs (recoveries) $ 649 $ 719 $ — $ 673 $ 80 $ 18 $ 10 $ 2,149 \n\n\n\n For the Three Months Ended June 30, 2026 \n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Charge-offs $ 1,708 $ 2,605 $ — $ 1,896 $ 286 $ 11 $ 14 $ 6,520 \n Recoveries (249 ) (324 ) — (5 ) (142 ) — (2 ) (722 ) \n Net charge-offs (recoveries) $ 1,459 $ 2,281 $ — $ 1,891 $ 144 $ 11 $ 12 $ 5,798 \n\n\n\nAt September 30, 2026, non-performing loans were $200.8 million, and\nnon-performing assets were $245.3 million. At June 30, 2026, non-performing\nloans were $185.3 million, and non-performing assets were $228.6 million.\n\nThe table below shows the non-performing loans and non-performing assets by\nregion as of September 30, 2026:\n\n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Non-accrual loans $ 126,160 $ 18,322 $ 14,844 $ 9,789 $ 22,581 $ 4,049 $ 44 $ 195,789 \n Loans 90+ days past due 2,129 1,079 — — 1,810 — — 5,018 \n Total non-performing loans 128,289 19,401 14,844 9,789 24,391 4,049 44 200,807 \n \n Foreclosed assets held for sale 16,379 2,478 22,812 — 315 1,382 — 43,366 \n Other non-performing assets — — — 1,140 — — — 1,140 \n Total other non-performing assets 16,379 2,478 22,812 1,140 315 1,382 — 44,506 \n Total non-performing assets $ 144,668 $ 21,879 $ 37,656 $ 10,929 $ 24,706 $ 5,431 $ 44 $ 245,313 \n\nThe table below shows the non-performing loans and non-performing assets by\nregion as of June 30, 2026:\n\n (in thousands) Texas Arkansas Centennial CFG Shore Premier Finance Florida Tennessee Alabama Total \n Non-accrual loans $ 123,170 $ 19,529 $ — $ 11,886 $ 24,235 $ 4,335 $ 44 $ 183,199 \n Loans 90+ days past due 690 238 — — 282 916 — 2,126 \n Total non-performing loans 123,860 19,767 — 11,886 24,517 5,251 44 185,325 \n \n Foreclosed assets held for sale 15,647 2,028 22,812 — 260 1,392 — 42,139 \n Other non-performing assets — — — 1,140 — — — 1,140 \n Total other non-performing assets 15,647 2,028 22,812 1,140 260 1,392 — 43,279 \n Total non-performing assets $ 139,507 $ 21,795 $ 22,812 $ 13,026 $ 24,777 $ 6,643 $ 44 $ 228,604 \n\nThe Company’s allowance for credit losses on loans was $326.2 million, or\n1.93% of total loans, at September 30, 2026 compared to $328.4 million, or\n1.92% of total loans, at June 30, 2026. As of September 30, 2026 and\nJune 30, 2026, the Company’s allowance for credit losses on loans was\n162.45% and 177.19% of its total non-performing loans, respectively.\n\nShareholders’ equity was $4.53 billion at September 30, 2026, which\ndecreased approximately $17.7 million from June 30, 2026. The net decrease in\nshareholders’ equity is primarily associated with the $64.9 million decrease\nin accumulated other comprehensive income, the $39.6 million in stock\nrepurchases for the quarter and the $46.0 million in dividends paid during the\nquarter, which were partially offset by the $129.5 million in net income for\nthe quarter. Book value per common share was $22.74 at September 30, 2026,\ncompared to $22.68 at June 30, 2026. Tangible book value per common share\n(non-GAAP) was $15.35((1)) at September 30, 2026, compared to\n$15.32((1)) at June 30, 2026. Book value per common share and tangible book\nvalue per common share, as of September 30, 2026, were both records for the\nCompany.\n\nStock Repurchases and Dividends\n\nDuring the three-month period ended September 30, 2026, the Company\nrepurchased 1.3 million shares of common stock, which equated to a shareholder\nbuyback yield of 0.69%((2)). In comparison, during the three-month period\nended June 30, 2026, the Company repurchased 1.5 million shares of common\nstock, which equated to a shareholder buyback yield of 0.77%((2)). The Company\ndefines shareholder buyback yield as the percentage of the Company’s market\ncapitalization spent on share repurchases. It reflects how much the Company is\nreturning to the shareholders by reducing the number of outstanding shares,\nand it is calculated by dividing the Company’s total share repurchase cost\nfor the period by the Company’s total market capitalization at the beginning\nof the period.\n\nIn addition, during the quarter ended September 30, 2026, the Company paid a\ndividend of $0.23 per share. This cash dividend represented a $0.02, or 9.5%,\nincrease over the $0.21 cash dividend paid during the second quarter of 2026\nand a $0.03, or 15.0%, increase over the $0.20 cash dividend paid during the\nthird quarter of 2025.\n\nBranches\n\nThe Company currently has 75 branches in Arkansas, 78 branches in Florida, 59\nbranches in Texas, 8 branches in Tennessee, 5 branches in Alabama and one\nbranch in New York City.\n\nConference Call\n\nManagement will conduct a conference call to review this information at 1:00\np.m. CT (2:00 p.m. ET) on Thursday, October 15, 2026. We strongly encourage\nall participants to pre-register for the conference call webcast or the live\ncall using one of the following links. First, participants can pre-register\nfor the conference call webcast using the following link:\nhttps://events.q4inc.com/attendee/887189816. Participants who pre-register\nwill be given a unique webcast link to gain immediate access to the conference\ncall webcast. Second, participants can pre-register for the live call using\nthe following link: https://events.q4inc.com/analyst/887189816?pwd=Khijd6H0.\nParticipants who pre-register will be given the phone number and unique access\ncodes to gain immediate access to the live call. Participants may pre-register\nnow, or at any time prior to the call, and will immediately receive simple\ninstructions via email. The Home BancShares conference call will also be\nscheduled as an event in your Outlook calendar.\n\nThose without internet access or unable to pre-register may dial in and listen\nto the live call by calling 1-833-461-5787, Passcode: 887189816. A replay of\nthe call will be available using the following link:\nhttps://events.q4inc.com/attendee/887189816. Internet access to the call will\nbe available live or in recorded version on the Company's website at\nwww.homebancshares.com.\n\nAbout Home BancShares\n\nHome BancShares, Inc. is a bank holding company headquartered in Conway,\nArkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range\nof commercial and retail banking plus related financial services to\nbusinesses, real estate developers, investors, individuals and municipalities.\nCentennial Bank has branch locations in Arkansas, Florida, Texas, Tennessee,\nSouth Alabama and New York City. The Company’s common stock is traded\nthrough the New York Stock Exchange under the symbol “HOMB.” The Company\nwas founded in 1998. Visit www.homebancshares.com or www.my100bank.com for\nmore information.\n\nNon-GAAP Financial Measures\n\nThis press release contains financial information determined by methods other\nthan in accordance with generally accepted accounting principles (GAAP). The\nCompany’s management uses these non-GAAP financial measures--including net\nincome (earnings), as adjusted; pre-tax, pre-provision, net income (PPNR);\nPPNR, as adjusted; pre-tax net income, as adjusted, to total revenue (net);\npre-tax, pre-provision, profit percentage; pre-tax, pre-provision, profit\npercentage, as adjusted; diluted earnings per common share, as adjusted;\nreturn on average assets, as adjusted; return on average assets excluding\nintangible amortization; return on average assets, as adjusted, excluding\nintangible amortization; return on average common equity, as adjusted; return\non average tangible common equity; return on average tangible common equity,\nas adjusted; return on average tangible common equity excluding intangible\namortization; return on average tangible common equity, as adjusted, excluding\nintangible amortization; efficiency ratio, as adjusted; tangible book value\nper common share and tangible common equity to tangible assets--to provide\nmeaningful supplemental information regarding our performance. These measures\ntypically adjust GAAP performance measures to include the tax benefit\nassociated with revenue items that are tax-exempt, as well as adjust income\nand equity available to common shareholders for certain significant items or\ntransactions that management believes are not indicative of the Company’s\nprimary business operating results. Since the presentation of these GAAP\nperformance measures and their impact differ between companies, management\nbelieves presentations of these non-GAAP financial measures provide useful\nsupplemental information that is essential to a proper understanding of the\noperating results of the Company’s business. These non-GAAP disclosures\nshould not be viewed as a substitute for operating results determined in\naccordance with GAAP, nor are they necessarily comparable to non-GAAP\nperformance measures that may be presented by other companies. Where non-GAAP\nfinancial measures are used, the comparable GAAP financial measure, as well as\nthe reconciliation to the comparable GAAP financial measure, can be found in\nthe tables of this release.\n\n(1) Calculation of this metric and the reconciliation to GAAP are included in\nthe schedules accompanying this release.\n\n(2) Calculation of this metric is included in the schedules accompanying this\nrelease.\n\nGeneral\n\nThis release contains forward-looking statements regarding the Company’s\nplans, expectations, goals and outlook for the future, including future\nfinancial results. Statements in this press release that are not historical\nfacts should be considered forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. Forward-looking\nstatements, including any prospective financial information, are not fact and\nshould not be relied upon as being guarantees or necessarily indicative of\nfuture events, performance or results. Readers are cautioned not to place\nundue reliance on any prospective financial information or other\nforward-looking statements contained in this news release. When we use words\nor phrases like “may,” “will,” “plan,” “propose,”\n“contemplate,” “anticipate,” “believe,” “intend,”\n“continue,” “expect,” “project,” “predict,” “estimate,”\n“could,” “should,” “would,” “bringing it closer to” and\nsimilar expressions, you should consider them as identifying forward-looking\nstatements, although we may use other phrasing. Forward-looking statements of\nthis type speak only as of the date of this news release and are based on\nvarious assumptions, estimates and judgments. By nature, forward-looking\nstatements involve inherent risks and uncertainties. Various factors could\ncause actual results to differ materially from those contemplated by the\nforward-looking statements. These factors include, but are not limited to, the\nfollowing: economic conditions, credit quality, interest rates, loan demand,\nreal estate values and unemployment, including any future impacts from\ninflation or changes in tariffs or trade policies; the risk that the\nanticipated benefits from the completed acquisition of Mountain Commerce\nBancorp, Inc. (“MCBI”) may not be fully realized or may take longer to\nrealize than expected, including as a result of changes in general economic\nand market conditions, interest and exchange rates, monetary policy, laws and\nregulations and their enforcement, and the degree of competition in the\ngeographic and business areas in which Home and MCBI operate; the ability to\npromptly and effectively integrate the businesses of Home and MCBI; the\nability to retain key employees, customers and business relationships\nfollowing the acquisition; the reaction to the completed acquisition of the\ncompanies’ customers, employees and counterparties; diversion of management\ntime on integration-related issues; the possibility that the costs of\nintegration may be greater than anticipated; the effect of any future mergers,\nacquisitions or other transactions to which we or our bank subsidiary may from\ntime to time be a party, including as a result of one or more of the factors\ndescribed above as they would relate to such transaction; the ability to\nidentify, complete and successfully integrate additional acquisitions; the\navailability of and access to capital and liquidity on terms acceptable to us;\nlegislative and regulatory changes and risks and expenses associated with\ncurrent and future legislation and regulations; technological changes and\ncybersecurity risks and incidents; the effects of changes in accounting\npolicies and practices; changes in governmental monetary and fiscal policies;\nthe impacts of political instability, ongoing or future military conflicts and\nother major domestic or international events; the impacts of recent or future\nadverse weather events, including hurricanes, and other natural disasters;\ncompetition from other financial institutions; potential claims, expenses and\nother adverse effects related to current or future litigation, regulatory\nexaminations or other government actions; potential increases in deposit\ninsurance assessments, increased regulatory scrutiny or market disruptions\nresulting from financial challenges in the banking industry; disruptions,\nuncertainties and related effects on credit quality, liquidity and other\naspects of our business and operations that may result from any future public\nhealth crises; changes in the assumptions used in making the forward-looking\nstatements; and other factors described in reports we file with the Securities\nand Exchange Commission (the “SEC”), including those factors set forth in\nour Annual Report on Form 10-K for the year ended December 31, 2025, filed\nwith the SEC on February 27, 2026. Home undertakes no obligation to update the\ninformation in this press release, except as otherwise required by law.\n\nFOR MORE INFORMATION CONTACT:\nDonna Townsell\nDirector of Investor Relations\nHome BancShares, Inc.\n(501) 328-4625\n\n\n\n Home BancShares, Inc. \n Consolidated End of Period Balance Sheets \n (Unaudited) \n \n (In thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 \n ASSETS \n Cash and due from banks $ 281,515 $ 279,660 $ 296,209 $ 237,224 $ 284,750 \n Interest-bearing deposits with other banks 577,537 772,859 815,714 430,113 516,170 \n Cash and cash equivalents 859,052 1,052,519 1,111,923 667,337 800,920 \n Federal funds sold 4,025 5,450 6,025 3,000 3,625 \n Investment securities - available-for-sale, net of allowance for credit losses 2,613,377 2,776,216 2,803,847 2,871,931 2,924,496 \n Investment securities - held-to-maturity, net of allowance for credit losses 1,250,246 1,254,802 1,256,635 1,259,262 1,264,200 \n Total investment securities 3,863,623 4,031,018 4,060,482 4,131,193 4,188,696 \n Loans receivable 16,910,621 17,127,208 15,633,628 15,686,209 15,285,972 \n Allowance for credit losses (326,220 ) (328,369 ) (297,634 ) (297,583 ) (285,649 ) \n Loans receivable, net 16,584,401 16,798,839 15,335,994 15,388,626 15,000,323 \n Bank premises and equipment, net 439,729 437,552 374,010 369,324 374,515 \n Foreclosed assets held for sale 43,366 42,139 40,874 39,831 41,263 \n Cash value of life insurance 232,361 233,515 221,830 220,469 219,075 \n Accrued interest receivable 111,688 108,384 106,628 108,939 110,702 \n Deferred tax asset, net 170,002 153,803 143,987 148,022 155,963 \n Goodwill 1,410,211 1,410,211 1,398,253 1,398,253 1,398,253 \n Core deposit intangible 62,651 65,541 30,355 32,293 34,231 \n Other assets 364,555 374,277 371,318 374,592 380,236 \n Total assets $ 24,145,664 $ 24,713,248 $ 23,201,679 $ 22,881,879 $ 22,707,802 \n \n LIABILITIES AND SHAREHOLDERS' EQUITY \n Liabilities \n Deposits: \n Demand and non-interest-bearing $ 4,209,426 $ 4,447,710 $ 3,994,217 $ 3,868,405 $ 3,880,101 \n Savings and interest-bearing transaction accounts 12,354,400 12,423,361 11,971,866 11,792,828 11,500,921 \n Time deposits 2,191,743 2,242,034 1,772,192 1,818,724 1,946,674 \n Total deposits 18,755,569 19,113,105 17,738,275 17,479,957 17,327,696 \n Securities sold under agreements to repurchase 161,181 158,744 157,409 155,803 145,998 \n FHLB and other borrowed funds 250,250 450,250 500,250 500,250 550,500 \n Accrued interest payable and other liabilities 169,129 164,112 176,727 169,733 189,551 \n Subordinated debentures 279,774 279,602 279,433 279,265 279,093 \n Total liabilities 19,615,903 20,165,813 18,852,094 18,585,008 18,492,838 \n \n Shareholders' equity \n Common stock 1,992 2,005 1,964 1,964 1,969 \n Capital surplus 2,265,268 2,301,551 2,191,243 2,201,923 2,214,211 \n Retained earnings 2,496,333 2,412,859 2,335,787 2,258,871 2,181,911 \n Accumulated other comprehensive loss (233,832 ) (168,980 ) (179,409 ) (165,887 ) (183,127 ) \n Total shareholders' equity 4,529,761 4,547,435 4,349,585 4,296,871 4,214,964 \n Total liabilities and shareholders' equity $ 24,145,664 $ 24,713,248 $ 23,201,679 $ 22,881,879 $ 22,707,802 \n \n\n\n\n Home BancShares, Inc. \n Consolidated Statements of Income \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (In thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n Interest income: \n Loans $ 298,625 $ 298,066 $ 273,473 $ 285,491 $ 283,165 $ 870,164 $ 829,990 \n Investment securities \n Taxable 24,971 25,787 24,728 25,860 26,326 75,486 80,203 \n Tax-exempt 7,711 7,811 7,829 7,834 7,743 23,351 23,019 \n Deposits - other banks 3,546 5,135 4,945 4,405 6,242 13,626 21,813 \n Federal funds sold 43 37 48 41 56 128 164 \n Total interest income 334,896 336,836 311,023 323,631 323,532 982,755 955,189 \n Interest expense: \n Interest on deposits 86,280 87,432 79,145 83,739 87,962 252,857 263,237 \n FHLB and other borrowed funds 3,255 4,346 4,692 4,985 5,378 12,293 16,819 \n Securities sold under agreements to repurchase 1,009 1,057 927 962 1,019 2,993 3,105 \n Subordinated debentures 2,359 2,358 2,355 2,359 3,007 7,072 11,254 \n Total interest expense 92,903 95,193 87,119 92,045 97,366 275,215 294,415 \n Net interest income 241,993 241,643 223,904 231,586 226,166 707,540 660,774 \n Provision for credit losses on loans — 5,200 1,500 14,400 6,700 6,700 9,700 \n Recovery of credit losses on unfunded commitments — — (1,000 ) — (1,000 ) (1,000 ) (1,000 ) \n Recovery of credit losses on investment securities — — — — (2,194 ) — (2,194 ) \n Total credit loss expense — 5,200 500 14,400 3,506 5,700 6,506 \n Net interest income after credit loss expense 241,993 236,443 223,404 217,186 222,660 701,840 654,268 \n Non-interest income: \n Service charges on deposit accounts 10,403 10,030 10,007 10,480 10,486 30,440 29,688 \n Other service charges and fees 12,008 12,973 9,810 11,148 12,130 34,791 35,462 \n Trust fees 3,969 6,109 5,482 5,121 4,600 15,560 14,594 \n Mortgage lending income 3,783 5,139 4,430 4,680 4,691 13,352 13,070 \n Insurance commissions 561 578 536 460 574 1,675 1,698 \n Increase in cash value of life insurance 1,530 1,553 1,368 1,400 1,404 4,451 4,661 \n Dividends from FHLB, FRB, FNBB & other 2,640 2,841 2,536 2,678 2,658 8,017 8,033 \n Gain on SBA loans — — 80 308 46 80 334 \n Gain (loss) on branches, equipment and other assets, net 744 3 (7 ) 11 (66 ) 740 743 \n Gain (loss) on OREO, net 81 332 707 203 (1 ) 1,120 (364 ) \n Fair value adjustment for marketable securities (916 ) 817 (1,248 ) 1,173 1,020 (1,347 ) 1,224 \n Other income 11,643 13,079 9,102 12,838 13,963 33,824 38,867 \n Total non-interest income 46,446 53,454 42,803 50,500 51,505 142,703 148,010 \n Non-interest expense: \n Salaries and employee benefits 67,607 68,742 63,236 62,891 63,804 199,585 189,977 \n Occupancy and equipment 15,819 15,787 14,867 14,434 14,828 46,473 43,276 \n Data processing expense 9,187 9,307 8,884 8,653 8,871 27,378 25,793 \n Merger and acquisition expenses — 12,726 394 580 — 13,120 — \n Other operating expenses 28,919 28,932 26,594 27,805 27,335 84,445 84,760 \n Total non-interest expense 121,532 135,494 113,975 114,363 114,838 371,001 343,806 \n Income before income taxes 166,907 154,403 152,232 153,323 159,327 473,542 458,472 \n Income tax expense 37,456 35,076 34,023 35,098 35,723 106,555 101,256 \n Net income $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n \n\n\n\n Home BancShares, Inc. \n Selected Financial Information \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars and shares in thousands, except per share data) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n PER SHARE DATA \n Diluted earnings per common share $ 0.65 $ 0.59 $ 0.60 $ 0.60 $ 0.63 $ 1.84 $ 1.80 \n Diluted earnings per common share, as adjusted (non-GAAP) ((1)) 0.65 0.64 0.60 0.60 0.61 1.88 1.75 \n Basic earnings per common share 0.65 0.59 0.60 0.60 0.63 1.84 1.81 \n Dividends per share - common 0.23 0.21 0.21 0.21 0.20 0.65 0.595 \n Shareholder buyback yield 0.69 % 0.77 % 0.25 % 0.27 % 0.18 % 1.73 % 1.19 % \n Book value per common share $ 22.74 $ 22.68 $ 22.15 $ 21.88 $ 21.41 $ 22.74 $ 21.41 \n Tangible book value per common share (non-GAAP) ((1)) 15.35 15.32 14.87 14.60 14.13 15.35 14.13 \n \n STOCK INFORMATION \n Average common shares outstanding 199,868 201,223 196,528 196,553 197,078 199,219 197,750 \n Average diluted shares outstanding 200,051 201,420 196,733 196,764 197,288 199,413 197,952 \n End of period common shares outstanding 199,210 200,460 196,394 196,357 196,889 199,210 196,889 \n \n ANNUALIZED PERFORMANCE METRICS \n Return on average assets (ROA) 2.12 % 1.95 % 2.09 % 2.06 % 2.17 % 2.05 % 2.11 % \n Return on average assets, as adjusted: (ROA, as adjusted) (non-GAAP) ((1)) 2.11 % 2.09 % 2.09 % 2.05 % 2.10 % 2.10 % 2.04 % \n Return on average assets excluding intangible amortization (non-GAAP) ((1)) 2.30 % 2.12 % 2.25 % 2.22 % 2.34 % 2.22 % 2.28 % \n Return on average assets, as adjusted, excluding intangible amortization (non-GAAP) ((1)) 2.29 % 2.27 % 2.25 % 2.22 % 2.27 % 2.27 % 2.21 % \n Return on average common equity (ROE) 11.24 % 10.55 % 11.09 % 11.04 % 11.91 % 10.94 % 11.81 % \n Return on average common equity, as adjusted: (ROE, as adjusted) (non-GAAP) ((1)) 11.20 % 11.32 % 11.08 % 11.01 % 11.54 % 11.19 % 11.45 % \n Return on average tangible common equity (ROTCE) (non-GAAP) ((1)) 16.59 % 15.67 % 16.56 % 16.65 % 18.28 % 16.23 % 18.31 % \n Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) (non-GAAP) ((1)) 16.54 % 16.82 % 16.55 % 16.60 % 17.70 % 16.59 % 17.75 % \n Return on average tangible common equity excluding intangible amortization (non-GAAP) ((1)) 16.87 % 15.96 % 16.76 % 16.85 % 18.51 % 16.48 % 18.55 % \n Return on average tangible common equity, as adjusted, excluding intangible amortization (non-GAAP) ((1)) 16.82 % 17.11 % 16.76 % 16.80 % 17.93 % 16.85 % 17.98 % \n \n (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. \n\n\n\n Home BancShares, Inc. \n Selected Financial Information \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n Efficiency ratio 40.78 % 44.54 % 41.59 % 39.54 % 40.21 % 42.34 % 41.35 % \n Efficiency ratio, as adjusted (non-GAAP) ((1)) 40.84 % 40.46 % 41.99 % 39.53 % 40.95 % 41.07 % 41.91 % \n Net interest margin - FTE (NIM) 4.53 % 4.51 % 4.51 % 4.61 % 4.56 % 4.52 % 4.48 % \n Fully taxable equivalent adjustment $ 2,516 $ 2,653 $ 2,661 $ 2,252 $ 2,916 $ 7,830 $ 7,976 \n Total revenue (net) 288,439 295,097 266,707 282,086 277,671 850,243 808,784 \n Pre-tax, pre-provision, net income (PPNR) (non-GAAP) ((1)) 166,907 159,603 152,732 167,723 162,833 479,242 464,978 \n PPNR, as adjusted (non-GAAP) ((1)) 166,585 171,238 152,677 167,130 157,704 490,500 450,929 \n Pre-tax net income to total revenue (net) 57.87 % 52.32 % 57.08 % 54.35 % 57.38 % 55.69 % 56.69 % \n Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP) ((1)) 57.75 % 56.27 % 57.06 % 54.14 % 55.53 % 57.02 % 54.95 % \n P5 (NR)(Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP) ((1)) 57.87 % 54.08 % 57.27 % 59.46 % 58.64 % 56.37 % 57.49 % \n P5 (NR), as adjusted (non-GAAP) ((1)) 57.75 % 58.03 % 57.25 % 59.25 % 56.80 % 57.69 % 55.75 % \n Total purchase accounting accretion $ 2,875 $ 3,618 $ 1,061 $ 1,265 $ 1,272 $ 7,554 $ 3,883 \n Average purchase accounting loan discounts 39,395 41,962 12,507 13,753 15,009 31,399 16,257 \n \n OTHER OPERATING EXPENSES \n Advertising $ 2,179 $ 2,214 $ 2,227 $ 2,114 $ 2,149 $ 6,620 $ 6,131 \n Amortization of intangibles 2,890 2,889 1,938 1,938 2,024 7,717 6,096 \n Electronic banking expense 2,950 3,223 3,326 3,288 3,357 9,499 9,584 \n Directors' fees 402 416 518 388 405 1,336 1,288 \n Due from bank service charges 335 344 333 324 404 1,012 968 \n FDIC and state assessment 3,498 3,045 1,599 2,970 3,245 8,142 8,268 \n Insurance 1,073 1,090 1,074 1,044 1,110 3,237 3,158 \n Legal and accounting 1,235 1,426 914 1,362 1,061 3,575 7,062 \n Other professional fees 2,523 2,247 1,946 2,168 2,083 6,716 6,241 \n Operating supplies 877 769 748 759 773 2,394 2,195 \n Postage 580 684 543 564 538 1,807 1,529 \n Telephone 267 324 363 382 367 954 1,222 \n Other expense 10,110 10,261 11,065 10,504 9,819 31,436 31,018 \n \n Total other operating expenses $ 28,919 $ 28,932 $ 26,594 $ 27,805 $ 27,335 $ 84,445 $ 84,760 \n \n (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. \n\n\n\n Home BancShares, Inc. \n Selected Financial Information \n (Unaudited) \n \n (Dollars in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 \n BALANCE SHEET RATIOS \n Total loans to total deposits 90.16 % 89.61 % 88.13 % 89.74 % 88.22 % \n Common equity to assets 18.76 % 18.40 % 18.75 % 18.78 % 18.56 % \n Tangible common equity to tangible assets (non-GAAP) ((1)) 13.48 % 13.22 % 13.42 % 13.36 % 13.08 % \n \n LOANS RECEIVABLE \n Real estate \n Commercial real estate loans \n Non-farm/non-residential $ 5,543,038 $ 5,921,829 $ 5,395,529 $ 5,290,112 $ 5,494,492 \n Construction/land development 2,851,115 2,780,116 2,613,604 2,726,993 2,709,197 \n Agricultural 326,929 329,231 321,046 332,412 331,301 \n Residential real estate loans \n Residential 1-4 family 2,486,120 2,545,462 2,100,374 2,134,334 2,142,375 \n Multifamily residential 1,281,202 1,269,728 1,232,639 1,140,911 716,595 \n Total real estate 12,488,404 12,846,366 11,663,192 11,624,762 11,393,960 \n Consumer 1,305,141 1,278,008 1,254,936 1,253,746 1,233,523 \n Commercial and industrial 2,330,327 2,285,054 2,172,267 2,222,401 2,100,268 \n Agricultural 372,834 356,611 329,563 359,879 346,167 \n Other 413,915 361,169 213,670 225,421 212,054 \n Loans receivable $ 16,910,621 $ 17,127,208 $ 15,633,628 $ 15,686,209 $ 15,285,972 \n \n ALLOWANCE FOR CREDIT LOSSES \n Balance, beginning of period $ 328,369 $ 297,634 $ 297,583 $ 285,649 $ 281,869 \n Allowance for credit losses on acquired loans - MCBI — 31,333 — — — \n Loans charged off 3,669 6,520 2,849 3,063 4,651 \n Recoveries of loans previously charged off 1,520 722 1,400 597 1,731 \n Net loans charged off (recovered) 2,149 5,798 1,449 2,466 2,920 \n Provision for credit losses - loans — 5,200 1,500 14,400 6,700 \n Balance, end of period $ 326,220 $ 328,369 $ 297,634 $ 297,583 $ 285,649 \n \n Net charge-offs (recoveries) to average total loans 0.05 % 0.14 % 0.04 % 0.06 % 0.08 % \n Allowance for credit losses to total loans 1.93 % 1.92 % 1.90 % 1.90 % 1.87 % \n \n NON-PERFORMING ASSETS \n Non-performing loans \n Non-accrual loans $ 195,789 $ 183,199 $ 179,639 $ 78,002 $ 81,087 \n Loans past due 90 days or more 5,018 2,126 2,481 6,980 4,125 \n Total non-performing loans 200,807 185,325 182,120 84,982 85,212 \n Other non-performing assets \n Foreclosed assets held for sale, net 43,366 42,139 40,874 39,831 41,263 \n Other non-performing assets 1,140 1,140 1,140 — — \n Total other non-performing assets 44,506 43,279 42,014 39,831 41,263 \n Total non-performing assets $ 245,313 $ 228,604 $ 224,134 $ 124,813 $ 126,475 \n \n Allowance for credit losses for loans to non-performing loans 162.45 % 177.19 % 163.43 % 350.17 % 335.22 % \n Non-performing loans to total loans 1.19 % 1.08 % 1.16 % 0.54 % 0.56 % \n Non-performing assets to total assets 1.02 % 0.93 % 0.97 % 0.55 % 0.56 % \n \n (1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release. \n\n\n\n Home BancShares, Inc. \n Consolidated Net Interest Margin \n (Unaudited) \n \n Three Months Ended \n September 30, 2026 June 30, 2026 \n (Dollars in thousands) Average Balance Income/ Expense Yield/ Rate Average Balance Income/ Expense Yield/ Rate \n ASSETS \n Earning assets \n Interest-bearing balances due from banks $ 401,244 $ 3,546 3.51 % $ 555,186 $ 5,135 3.71 % \n Federal funds sold 4,743 43 3.60 % 4,042 37 3.67 % \n Investment securities - taxable 2,792,283 24,971 3.55 % 2,936,008 25,787 3.52 % \n Investment securities - non-taxable - FTE 1,174,643 10,113 3.42 % 1,165,876 10,260 3.53 % \n Loans receivable - FTE 17,055,603 298,739 6.95 % 17,083,743 298,270 7.00 % \n Total interest-earning assets 21,428,516 337,412 6.25 % 21,744,855 339,489 6.26 % \n Non-earning assets 2,791,365 2,780,403 \n Total assets $ 24,219,881 $ 24,525,258 \n \n LIABILITIES AND SHAREHOLDERS' EQUITY \n Liabilities \n Interest-bearing liabilities \n Savings and interest-bearing transaction accounts $ 12,209,970 $ 68,052 2.21 % $ 12,392,404 $ 68,650 2.22 % \n Time deposits 2,224,381 18,228 3.25 % 2,301,685 18,782 3.27 % \n Total interest-bearing deposits 14,434,351 86,280 2.37 % 14,694,089 87,432 2.39 % \n Federal funds purchased 11 — — % 30 — — % \n Securities sold under agreement to repurchase 151,203 1,009 2.65 % 167,885 1,057 2.53 % \n FHLB and other borrowed funds 351,588 3,255 3.67 % 466,734 4,346 3.73 % \n Subordinated debentures 279,689 2,359 3.35 % 279,519 2,358 3.38 % \n Total interest-bearing liabilities 15,216,842 92,903 2.42 % 15,608,257 95,193 2.45 % \n Non-interest bearing liabilities \n Non-interest bearing deposits 4,251,520 4,222,813 \n Other liabilities 181,041 158,476 \n Total liabilities 19,649,403 19,989,546 \n Shareholders' equity 4,570,478 4,535,712 \n Total liabilities and shareholders' equity $ 24,219,881 $ 24,525,258 \n Net interest spread 3.83 % 3.81 % \n Net interest income and margin - FTE $ 244,509 4.53 % $ 244,296 4.51 % \n \n\n\n\n Home BancShares, Inc. \n Consolidated Net Interest Margin \n (Unaudited) \n \n Nine Months Ended \n September 30, 2026 September 30, 2025 \n (Dollars in thousands) Average Balance Income/ Expense Yield/ Rate Average Balance Income/ Expense Yield/ Rate \n ASSETS \n Earning assets \n Interest-bearing balances due from banks $ 504,055 $ 13,626 3.61 % $ 664,308 $ 21,813 4.39 % \n Federal funds sold 4,687 128 3.65 % 5,037 164 4.35 % \n Investment securities - taxable 2,887,538 75,486 3.50 % 3,104,254 80,203 3.45 % \n Investment securities - non-taxable - FTE 1,172,057 30,658 3.50 % 1,121,481 30,294 3.61 % \n Loans receivable - FTE 16,611,685 870,687 7.01 % 15,056,440 830,691 7.38 % \n Total interest-earning assets 21,180,022 990,585 6.25 % 19,951,520 963,165 6.45 % \n Non-earning assets 2,732,719 2,710,647 \n Total assets $ 23,912,741 $ 22,662,167 \n \n LIABILITIES AND SHAREHOLDERS' EQUITY \n Liabilities \n Interest-bearing liabilities \n Savings and interest-bearing transaction accounts $ 12,158,366 $ 201,110 2.21 % $ 11,450,902 $ 211,120 2.47 % \n Time deposits 2,108,760 51,747 3.28 % 1,866,855 52,117 3.73 % \n Total interest-bearing deposits 14,267,126 252,857 2.37 % 13,317,757 263,237 2.64 % \n Federal funds purchased 14 — — % 19 — — % \n Securities sold under agreement to repurchase 156,986 2,993 2.55 % 148,462 3,105 2.80 % \n FHLB and other borrowed funds 438,979 12,293 3.74 % 572,538 16,819 3.93 % \n Subordinated debentures 279,521 7,072 3.38 % 405,285 11,254 3.71 % \n Total interest-bearing liabilities 15,142,626 275,215 2.43 % 14,444,061 294,415 2.73 % \n Non-interest bearing liabilities \n Non-interest bearing deposits 4,111,722 3,973,135 \n Other liabilities 172,277 201,228 \n Total liabilities 19,426,625 18,618,424 \n Shareholders' equity 4,486,116 4,043,743 \n Total liabilities and shareholders' equity $ 23,912,741 $ 22,662,167 \n Net interest spread 3.82 % 3.72 % \n Net interest income and margin - FTE $ 715,370 4.52 % $ 668,750 4.48 % \n \n\n\n\n Home BancShares, Inc. \n Non-GAAP Reconciliations \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars and shares in thousands, except per share data) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n NET INCOME (EARNINGS), AS ADJUSTED \n GAAP net income available to common shareholders (A) $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n Pre-tax adjustments \n Merger and acquisition expense — 12,726 394 580 — 13,120 — \n Gain on retirement of subordinated debt — — — — (1,882 ) — (1,882 ) \n FDIC special assessment credit — — (1,697 ) — — (1,697 ) (1,516 ) \n BOLI death benefits (528 ) (274 ) — — (187 ) (802 ) (1,430 ) \n Gain on sale of premises and equipment (710 ) — — — — (710 ) (983 ) \n Fair value adjustment for marketable securities 916 (817 ) 1,248 (1,173 ) (1,020 ) 1,347 (1,224 ) \n Special income from equity investment — — — — — — (7,389 ) \n Legal fee reimbursement — — — — — — (885 ) \n Legal claims expense — — — — — — 3,300 \n Recoveries on historic losses — — — — (2,040 ) — (2,040 ) \n Total pre-tax adjustments (322 ) 11,635 (55 ) (593 ) (5,129 ) 11,258 (14,049 ) \n Tax-effect of adjustments 50 2,901 (13 ) (231 ) (1,207 ) 2,938 (3,083 ) \n Total adjustments after-tax (B) (372 ) 8,734 (42 ) (362 ) (3,922 ) 8,320 (10,966 ) \n Net income, as adjusted (C) $ 129,079 $ 128,061 $ 118,167 $ 117,863 $ 119,682 $ 375,307 $ 346,250 \n \n Average diluted shares outstanding (D) 200,051 201,420 196,733 196,764 197,288 199,413 197,952 \n \n GAAP diluted earnings per share: (A/D) $ 0.65 $ 0.59 $ 0.60 $ 0.60 $ 0.63 $ 1.84 $ 1.80 \n Adjustments after-tax: (B/D) 0.00 0.05 0.00 0.00 (0.02 ) 0.04 (0.05 ) \n Diluted earnings per common share, as adjusted: (C/D) $ 0.65 $ 0.64 $ 0.60 $ 0.60 $ 0.61 $ 1.88 $ 1.75 \n \n ANNUALIZED RETURN ON AVERAGE ASSETS \n Return on average assets: (A/E) 2.12 % 1.95 % 2.09 % 2.06 % 2.17 % 2.05 % 2.11 % \n Return on average assets, as adjusted: (ROA, as adjusted) ((A+D)/E) 2.11 % 2.09 % 2.09 % 2.05 % 2.10 % 2.10 % 2.04 % \n Return on average assets excluding intangible amortization: ((A+C)/(E-F)) 2.30 % 2.12 % 2.25 % 2.22 % 2.34 % 2.22 % 2.28 % \n Return on average assets, as adjusted, excluding intangible amortization: ((A+C+D)/(E-F)) 2.29 % 2.27 % 2.25 % 2.22 % 2.27 % 2.27 % 2.21 % \n \n GAAP net income available to common shareholders (A) $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n Amortization of intangibles (B) 2,890 2,889 1,938 1,938 2,024 7,717 6,096 \n Amortization of intangibles after-tax (C) 2,186 2,185 1,466 1,466 1,529 5,837 4,607 \n Adjustments after-tax (D) (372 ) 8,734 (42 ) (362 ) (3,922 ) 8,320 (10,966 ) \n Average assets (E) 24,219,881 24,525,258 22,954,441 22,786,852 22,638,938 23,912,741 22,662,167 \n Average goodwill & core deposit intangible (F) 1,474,223 1,481,989 1,429,527 1,431,479 1,433,474 1,462,077 1,435,475 \n\n\n\n Home BancShares, Inc. \n Non-GAAP Reconciliations \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n ANNUALIZED RETURN ON AVERAGE COMMON EQUITY \n Return on average common equity: (A/D) 11.24 % 10.55 % 11.09 % 11.04 % 11.91 % 10.94 % 11.81 % \n Return on average common equity, as adjusted: (ROE, as adjusted) ((A+C)/D) 11.20 % 11.32 % 11.08 % 11.01 % 11.54 % 11.19 % 11.45 % \n Return on average tangible common equity: (ROTCE) (A/(D-E)) 16.59 % 15.67 % 16.56 % 16.65 % 18.28 % 16.23 % 18.31 % \n Return on average tangible common equity, as adjusted: (ROTCE, as adjusted) ((A+C)/(D-E)) 16.54 % 16.82 % 16.55 % 16.60 % 17.70 % 16.59 % 17.75 % \n Return on average tangible common equity excluding intangible amortization: (B/(D-E)) 16.87 % 15.96 % 16.76 % 16.85 % 18.51 % 16.48 % 18.55 % \n Return on average tangible common equity, as adjusted, excluding intangible amortization: ((B+C)/(D-E)) 16.82 % 17.11 % 16.76 % 16.80 % 17.93 % 16.85 % 17.98 % \n \n GAAP net income available to common shareholders (A) $ 129,451 $ 119,327 $ 118,209 $ 118,225 $ 123,604 $ 366,987 $ 357,216 \n Earnings excluding intangible amortization (B) 131,637 121,512 119,675 119,691 125,133 372,824 361,823 \n Adjustments after-tax (C) (372 ) 8,734 (42 ) (362 ) (3,922 ) 8,320 (10,966 ) \n Average common equity (D) 4,570,478 4,535,712 4,324,720 4,248,856 4,115,884 4,486,116 4,043,743 \n Average goodwill & core deposits intangible (E) 1,474,223 1,481,989 1,429,527 1,431,479 1,433,474 1,462,077 1,435,475 \n \n EFFICIENCY RATIO & P5NR \n Efficiency ratio: ((D-G)/(B+C+E)) 40.78 % 44.54 % 41.59 % 39.54 % 40.21 % 42.34 % 41.35 % \n Efficiency ratio, as adjusted: ((D-G-I)/(B+C+E-H)) 40.84 % 40.46 % 41.99 % 39.53 % 40.95 % 41.07 % 41.91 % \n Pre-tax net income to total revenue (net) (A/(B+C)) 57.87 % 52.32 % 57.08 % 54.35 % 57.38 % 55.69 % 56.69 % \n Pre-tax net income, as adjusted, to total revenue (net) ((A+F)/(B+C)) 57.75 % 56.27 % 57.06 % 54.14 % 55.53 % 57.02 % 54.95 % \n Pre-tax, pre-provision, net income (PPNR) (B+C-D) $ 166,907 $ 159,603 $ 152,732 $ 167,723 $ 162,833 $ 479,242 $ 464,978 \n Pre-tax, pre-provision, net income, as adjusted (B+C-D+F) $ 166,585 $ 171,238 $ 152,677 $ 167,130 $ 157,704 $ 490,500 $ 450,929 \n P5 (NR)(Pre-tax, pre-provision, profit percentage) PPNR to total revenue (net)) (B+C-D)/(B+C) 57.87 % 54.08 % 57.27 % 59.46 % 58.64 % 56.37 % 57.49 % \n P5 (NR), as adjusted (B+C-D+F)/(B+C) 57.75 % 58.03 % 57.25 % 59.25 % 56.80 % 57.69 % 55.75 % \n \n Pre-tax net income (A) $ 166,907 $ 154,403 $ 152,232 $ 153,323 $ 159,327 $ 473,542 $ 458,472 \n Net interest income (B) 241,993 241,643 223,904 231,586 226,166 707,540 660,774 \n Non-interest income (C) 46,446 53,454 42,803 50,500 51,505 142,703 148,010 \n Non-interest expense (D) 121,532 135,494 113,975 114,363 114,838 371,001 343,806 \n Fully taxable equivalent adjustment (E) 2,516 2,653 2,661 2,252 2,916 7,830 7,976 \n Total pre-tax adjustments (F) (322 ) 11,635 (55 ) (593 ) (5,129 ) 11,258 (14,049 ) \n Amortization of intangibles (G) 2,890 2,889 1,938 1,938 2,024 7,717 6,096 \n \n Adjustments: \n Non-interest income: \n Gain on retirement of subordinated debt $ — $ — $ — $ — $ 1,882 $ — $ 1,882 \n Fair value adjustment for marketable securities (916 ) 817 (1,248 ) 1,173 1,020 (1,347 ) 1,224 \n Gain (loss) on OREO 81 332 707 203 (1 ) 1,120 (364 ) \n Gain (loss) on branches, equipment and other assets, net 744 3 (7 ) 11 (66 ) 740 743 \n Special income from equity investment — — — — — — 7,389 \n BOLI death benefits 528 274 — — 187 802 1,430 \n Legal fee reimbursement — — — — — — 885 \n Recoveries on historic losses — — — — 2,040 — 2,040 \n Total non-interest income adjustments (H) $ 437 $ 1,426 $ (548 ) $ 1,387 $ 5,062 $ 1,315 $ 15,229 \n \n Non-interest expense: \n FDIC special assessment credit — — (1,697 ) — — (1,697 ) (1,516 ) \n Merger and acquisition expenses — 12,726 394 580 — 13,120 — \n Legal claims expense — — — — — — 3,300 \n Total non-interest expense adjustments (I) $ — $ 12,726 $ (1,303 ) $ 580 $ — $ 11,423 $ 1,784 \n \n\n\n\n Home BancShares, Inc. \n Non-GAAP Reconciliations \n (Unaudited) \n \n Quarter Ended \n Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 \n TANGIBLE BOOK VALUE PER COMMON SHARE \n Book value per common share: (A/B) $ 22.74 $ 22.68 $ 22.15 $ 21.88 $ 21.41 \n Tangible book value per common share: ((A-C-D)/B) 15.35 15.32 14.87 14.60 14.13 \n \n Total shareholders' equity (A) $ 4,529,761 $ 4,547,435 $ 4,349,585 $ 4,296,871 $ 4,214,964 \n End of period common shares outstanding (B) 199,210 200,460 196,394 196,357 196,889 \n Goodwill (C) 1,410,211 1,410,211 1,398,253 1,398,253 1,398,253 \n Core deposit and other intangibles (D) 62,651 65,541 30,355 32,293 34,231 \n \n TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS \n Equity to assets: (B/A) 18.76 % 18.40 % 18.75 % 18.78 % 18.56 % \n Tangible common equity to tangible assets: ((B-C-D)/(A-C-D)) 13.48 % 13.22 % 13.42 % 13.36 % 13.08 % \n \n Total assets (A) $ 24,145,664 $ 24,713,248 $ 23,201,679 $ 22,881,879 $ 22,707,802 \n Total shareholders' equity (B) 4,529,761 4,547,435 4,349,585 4,296,871 4,214,964 \n Goodwill (C) 1,410,211 1,410,211 1,398,253 1,398,253 1,398,253 \n Core deposit and other intangibles (D) 62,651 65,541 30,355 32,293 34,231 \n\n\n\n Home BancShares, Inc. \n Shareholder Buyback Yield \n (Unaudited) \n \n Quarter Ended Nine Months Ended \n (Dollars and shares in thousands) Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Sep. 30, 2026 Sep. 30, 2025 \n SHAREHOLDER BUYBACK YIELD \n Shareholder buyback yield: (A/B) 0.69 % 0.77 % 0.25 % 0.27 % 0.18 % 1.73 % 1.19 % \n \n Shares repurchased 1,300 1,500 508 541 350 3,308 2,350 \n Average price per share $ 30.20 $ 26.94 $ 27.32 $ 27.26 $ 28.34 $ 28.28 $ 28.33 \n Principal cost 39,262 40,415 13,877 14,747 9,918 93,554 66,575 \n Excise tax 376 386 1 141 93 763 669 \n Total share repurchase cost (A) $ 39,638 $ 40,801 $ 13,878 $ 14,888 $ 10,011 $ 94,317 $ 67,244 \n \n Shares outstanding beginning of period 200,460 196,394 196,357 196,889 197,239 196,357 198,882 \n Price per share beginning of period $ 28.55 $ 26.93 $ 27.78 $ 28.30 $ 28.46 $ 27.78 $ 28.30 \n Market capitalization beginning of period (B) $ 5,723,133 $ 5,288,890 $ 5,454,797 $ 5,571,959 $ 5,613,422 $ 5,454,797 $ 5,628,361 \n \n \n\n\n\nPhotos accompanying this announcement are available at:\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/aed3b4e1-eee4-42d9-a936-5b1fd6bc1877\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/a601b72e-ffe3-4c9a-89f1-ab58936f9de3\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/c979db15-15fb-4775-8ffe-1848eea53c1c\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/08d8523c-e8f4-4c1e-ac37-2b301b9c6771\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/5b95afcc-60ea-4ebe-9c66-76cd1728bdd1\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/25ad1a86-2c3a-4c91-b246-87b8958914cb\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/07e47764-5817-4f73-9faf-b7f3dbbebb7b\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/d92d7071-ba21-492e-b61e-f11a78c9f6db\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/d9664e5e-a1e4-4165-882d-db8c7f455873\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/3adc083e-0405-4aac-92b1-603f001aa16d\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/b4b8d372-8119-4f1f-b1b4-8658fe4ab3a4\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d8da9fe7-0a68-45f2-8609-42d3e34eaca0)\nQTD Non-Interest Income \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/08d8523c-e8f4-4c1e-ac37-2b301b9c6771/en)\nQTD Non-Interest IncomeQTD NIM \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d9664e5e-a1e4-4165-882d-db8c7f455873/en)\nQTD NIMQTD Total Revenue (Net) \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5b95afcc-60ea-4ebe-9c66-76cd1728bdd1/en)\nQTD Total Revenue (Net)QTD ROA \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d92d7071-ba21-492e-b61e-f11a78c9f6db/en)\nQTD ROAQTD Expenses \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/25ad1a86-2c3a-4c91-b246-87b8958914cb/en)\nQTD ExpensesQTD NIM Yields/Rates \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/3adc083e-0405-4aac-92b1-603f001aa16d/en)\nQTD NIM Yields/RatesQTD Efficiency Ratio \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/07e47764-5817-4f73-9faf-b7f3dbbebb7b/en)\nQTD Efficiency RatioQTD Book Value Per Share \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b8d372-8119-4f1f-b1b4-8658fe4ab3a4/en)\nQTD Book Value Per ShareQTD Net Income \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/aed3b4e1-eee4-42d9-a936-5b1fd6bc1877/en)\nQTD Net IncomeQTD Net Interest Income \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c979db15-15fb-4775-8ffe-1848eea53c1c/en)\nQTD Net Interest IncomeQTD PPNR \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a601b72e-ffe3-4c9a-89f1-ab58936f9de3/en)\nQTD PPNR\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-14T21:15:01.077536726Z","server_sent_at_ms":1792012501077},"received_at":"2026-10-14T21:15:01.451Z","source_url":null},"analysis":{"id":"157840","press_release_id":"169609","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":["Non-performing loans rose to 1.19% of total loans from 0.54% at Dec 31, 2025","Organic loan decline of $255.7 million in community banking footprint during the quarter","Total deposits declined from $19.11 billion to $18.76 billion sequentially"],"eventType":"earnings","narrative":"Home BancShares posted record Q3 2026 net income of $129.5 million with record diluted EPS of $0.65, up from $119.3 million and $0.59 in the prior quarter.\n\nNet interest margin held at 4.53%, ROA was 2.12%, and the efficiency ratio improved to 40.78% as acquisition-related expenses from Q2 fell away.\n\nThe quarterly dividend was raised 9.5% to $0.23 per share and the company repurchased 1.3 million shares ($39.6 million) during the quarter; book value per share hit a record $22.74.\n\nA watch item: non-performing loans rose to 1.19% of total loans from 1.08% sequentially, while total loans and deposits declined modestly from the prior quarter.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Record earnings and a 9.5% dividend hike for HOMB, but keep an eye on the creeping NPL ratio and shrinking loan book."},"keyFigures":{"eps":0.65,"revenue":"$288.4 million","customDimensions":{"nim":"4.53%","roa":"2.12%","roe":"11.24%","ppnr":"$166.9 million","rotce":"16.59%","net_income":129500000,"total_loans":"$16.91 billion","total_assets":"$24.15 billion","buyback_yield":"0.69%","total_deposits":"$18.76 billion","efficiency_ratio":"40.78%","dividend_per_share":"$0.23","npl_to_total_loans":"1.19%","shares_repurchased":"1.3 million","net_income_adjusted":"$129.1 million","npa_to_total_assets":"1.02%","book_value_per_share":"$22.74","dividend_increase_pct":"9.5%","tangible_book_value_per_share":"$15.35"}},"quotedText":"Our team delivered a very solid and safe third quarter","namedEntities":{"people":[{"name":"John Allison","role":"Chairman"},{"name":"Donna Townsell","role":"Director of Investor Relations"}],"products":[],"companies":[{"name":"Home BancShares, Inc.","ticker":"HOMB","relationship":"filer"},{"name":"Centennial Bank","relationship":"subsidiary"},{"name":"Mountain Commerce Bancorp, Inc. (MCBI)","relationship":"recently completed acquisition"}],"dollarAmounts":[{"amount":"$129.5 million","context":"record Q3 2026 net income"},{"amount":"$288.4 million","context":"Q3 2026 total revenue (net)"},{"amount":"$166.9 million","context":"Q3 2026 PPNR (non-GAAP)"},{"amount":"$39.6 million","context":"Q3 stock repurchases"},{"amount":"$46.0 million","context":"dividends paid in Q3"},{"amount":"$245.3 million","context":"non-performing assets at Sep 30, 2026"},{"amount":"$326.2 million","context":"allowance for credit losses on loans"},{"amount":"$4.53 billion","context":"shareholders' equity at Sep 30, 2026"}]},"materialImpact":{"score":4,"reasoning":"Record quarterly net income of $129.5M and record diluted EPS of $0.65, plus a 9.5% dividend increase and ongoing buybacks. Offset partially by rising non-performing assets (1.02% vs 0.55% at year-end 2025) and sequential loan/deposit declines."},"tickerRelevance":{"others":[{"ticker":"MCBI","relevance":"acquired company referenced in forward-looking statements"}],"primary":"HOMB"},"globalImportance":35,"audienceRelevance":35,"eventTypeSecondary":["dividend","buyback"],"importanceComponents":{"tickerTier":"mid-cap regional bank","eventGravity":"record earnings plus dividend increase","creditQualityWatch":"NPL ratio doubled since year-end 2025"}},"event_type":"earnings","event_type_secondary":["dividend","buyback"],"sentiment":"bullish","material_impact_score":4,"narrative":"Home BancShares posted record Q3 2026 net income of $129.5 million with record diluted EPS of $0.65, up from $119.3 million and $0.59 in the prior quarter.\n\nNet interest margin held at 4.53%, ROA was 2.12%, and the efficiency ratio improved to 40.78% as acquisition-related expenses from Q2 fell away.\n\nThe quarterly dividend was raised 9.5% to $0.23 per share and the company repurchased 1.3 million shares ($39.6 million) during the quarter; book value per share hit a record $22.74.\n\nA watch item: non-performing loans rose to 1.19% of total loans from 1.08% sequentially, while total loans and deposits declined modestly from the prior quarter.","key_figures":{"eps":0.65,"revenue":"$288.4 million","customDimensions":{"nim":"4.53%","roa":"2.12%","roe":"11.24%","ppnr":"$166.9 million","rotce":"16.59%","net_income":129500000,"total_loans":"$16.91 billion","total_assets":"$24.15 billion","buyback_yield":"0.69%","total_deposits":"$18.76 billion","efficiency_ratio":"40.78%","dividend_per_share":"$0.23","npl_to_total_loans":"1.19%","shares_repurchased":"1.3 million","net_income_adjusted":"$129.1 million","npa_to_total_assets":"1.02%","book_value_per_share":"$22.74","dividend_increase_pct":"9.5%","tangible_book_value_per_share":"$15.35"}},"named_entities":{"people":[{"name":"John Allison","role":"Chairman"},{"name":"Donna Townsell","role":"Director of Investor Relations"}],"products":[],"companies":[{"name":"Home BancShares, Inc.","ticker":"HOMB","relationship":"filer"},{"name":"Centennial Bank","relationship":"subsidiary"},{"name":"Mountain Commerce Bancorp, Inc. (MCBI)","relationship":"recently completed acquisition"}],"dollarAmounts":[{"amount":"$129.5 million","context":"record Q3 2026 net income"},{"amount":"$288.4 million","context":"Q3 2026 total revenue (net)"},{"amount":"$166.9 million","context":"Q3 2026 PPNR (non-GAAP)"},{"amount":"$39.6 million","context":"Q3 stock repurchases"},{"amount":"$46.0 million","context":"dividends paid in Q3"},{"amount":"$245.3 million","context":"non-performing assets at Sep 30, 2026"},{"amount":"$326.2 million","context":"allowance for credit losses on loans"},{"amount":"$4.53 billion","context":"shareholders' equity at Sep 30, 2026"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T21:15:09.120Z","global_importance":35,"audience_relevance":35,"importance_components":{"tickerTier":"mid-cap regional bank","eventGravity":"record earnings plus dividend increase","creditQualityWatch":"NPL ratio doubled since year-end 2025"}},"durationMs":7569,"modelName":"glm-5.3-flashx"}}