Home BancShares: Fourth Quarter Earnings Overview
Home BancShares Announces Fourth-Quarter Financial Results
Home BancShares Inc., headquartered in Conway, Arkansas, has released its financial results for the fourth quarter, reporting a net income of $118.2 million.
The bank achieved earnings of $0.60 per share during this period, aligning with the consensus forecast from Wall Street analysts, as reported by Zacks Investment Research.
Total revenue for the quarter reached $374.1 million. After accounting for interest expenses, net revenue stood at $282.1 million, surpassing analyst expectations, which had projected $270.2 million.
For the full year, Home BancShares recorded a profit of $475.4 million, translating to $2.41 per share, with annual revenue totaling $1.09 billion.
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