The company was founded in 1998 and is headquartered in Conway, Arkansas. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.
VBTX, BRKL, and FBIZ are the stocks whose asset turnover ratios are most correlated with HOMB. Over the past 204 months, HOMB’s EV/EBIT ratio has gone down 18.6. Home BancShares shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. Four banks, two in Georgia and one each in Florida and Arizona, were closed by regulators this weekend, bringing the number of bank failures for 2010 to 41. Netcials reports section helps you with deep insights into the performance of various assets over the years. We are constantly upgrading and updating our reports section.
Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. It originates loans primarily secured by single and multi-family real estate, residential construction and commercial buildings. Home Bancshares, Inc. is a bank holding company, which engages in providing commercial and retail banking and related financial services. It offers its services to businesses, real estate developers and investors, individuals, and municipalities. The company was founded by John W. Allison and Robert H. Adcock Jr. in 1998 and is headquartered in Conway, AR. Home Bancshares provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities in Arkansas, Florida, and Alabama.
The bank’s main source of net revenue is net interest income. Home Bancshares, Inc. operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company’s loan portfolio comprises non-farm/non-residential real estate, construction/land development, residential mortgage, consumer, agricultural, and commercial and industrial loans. In addition, the company writes policies for commercial and personal lines of business, including insurance for property, casualty, life, health, and employee benefits. It operates through branches in Arkansas, Florida, Alabama, Texas, and New York City.
We pride ourselves in our community banking philosophy, which leads to exceptional service and strong customer relationships. We maintain a strong commitment to the communities we serve through our involvement with and support of local charities. These principles provide a competitive advantage when meeting the needs of our customers, particularly as we compete with large regional and national banks.
Small-Bank Stocks See Insider Buying on the Rise
Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. In 2018, we acquired Shore Premier Finance, a division of Union Bank & Trust of Richmond, Virginia. This portfolio of loans will now be housed in a division of Centennial known as Shore Premier Finance, which will be responsible for servicing the acquired loan portfolio and originating new loan production in the marine financing market.
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- But decision making should also involve an analysis of price movements and returns.
- Over the past three years, the company’s dividend has grown by an average of 8.97% per year.
We encourage you to review their privacy and security policies which may differ from Home BancShares, Inc. HOMB hasn’t announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in May 2023. Information is provided ‘as-is’ and solely for informational purposes and is not advice.
Below are the latest news stories about HOME BANCSHARES INC that investors may wish to consider to help them evaluate HOMB as an investment opportunity. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.HOMB has a Quality Grade of C, ranking ahead of 55.61% of graded US stocks.
We also acquired, in 2015, a pool of national commercial real estate loans totaling approximately $289.1 million which were originated by the former Doral Bank within its Doral Property Finance portfolio. This pool of loans is now housed in a division of Centennial Bank known as the Centennial Commercial Finance Group (“Centennial CFG”), which is responsible for servicing the acquired loan pool and originating new loan production. The Company subsequently opened a loan production office in New York City where the Centennial CFG has built out a national lending platform focusing on commercial real estate plus commercial and industrial loans.
Dividend capture strategy is based on HOMB’s historical data. Past performance is no guarantee of future results. Estimates are not provided for securities with less than 5 consecutive payouts.
Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Real-time analyst ratings, insider transactions, earnings data, and more. In 2017, the Company completed its acquisition of Giant Holdings, Inc., parent company of Landmark Bank, N.A. Additionally, during 2017, Centennial CFG opened a second loan production office in Los Angeles. Finally, in 2017, we acquired all of the issued and outstanding shares of common stock of Stonegate Bank, and merged Stonegate into Centennial. This merger added approximately $2.89 billion in assets and significantly increased our deposit market share in Florida.
The company was founded in 1998 and is based in Conway, Arkansas. Our wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations throughout Arkansas, Florida, South Alabama and New York City. Home Bancshares has a history of paying dividends since 2006. Our records of HOMB show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 15% for the last twelve months.
Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Home Bancshares’s dividend is lower than the US industry average of 3.54%, and it is lower than the US market average of 4.18%. Dividend history for stock HOMB (Home BancShares, Inc.) including dividend growth rate predictions based on history. Home Bancshares, Inc. ‘s most recent quarterly dividend payment of $0.18 per share was made to shareholders on Wednesday, March 8, 2023.
This merger added approximately $2.82 billion in assets and significantly increased our deposit market share in Arkansas. In 2014, we acquired two banks headquartered in Florida, including Florida Traditions Bank and Broward Financial Holdings, Inc., parent company of Broward Bank of Commerce. A steady dividend schedule is a reflection of the financial strength of a stock. At the same time, one should never forget that high growth companies may choose to invest the earnings in future projects.
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When the stock market emerges from a downturn, the small caps generally lead the way. But while the small stocks have done well for themselves in the past several months, Sam Dedio, the portfolio manager at the Artio U.S. … HOMB reported a fourth-quarter profit of $71 million, or 41 cents a share, but the Arkansas bank said its net-interest margin fell. The bank’s earnings were triple the year-earlier quarter, when it ear… Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
Earnings Scheduled For January 19, 2023
Home BancShares Inc is a bank holding company that primarily operates through its wholly owned community bank subsidiary, Centennial Bank. The bank provides a broad range of commercial and retail banking, as well as related financial services, to a diverse customer base. Its customer base includes businesses, real estate developers and investors, individuals, and municipalities. https://day-trading.info/ The company’s loan portfolio, while diversified, is typically between half and two thirds in commercial real estate loans. The company’s strategy emphasizes growth, both through strategic acquisitions and organically within its existing markets. The bank also emphasizes attracting experienced bankers, strong credit quality, and a solid balance sheet.
HOMB Stock Price Chart Interactive Chart >
In 2012, we acquired three banks headquartered in Florida including Vision Bank, Premier Bank and Heritage Bank of Florida (“Heritage Bank”). Heritage Bank was acquired senior compliance manager at invast global through an FDIC-assisted transaction without loss share. Home BancShares, Inc. acquires, organizes and invests in community banks that serve attractive markets.
Home Bancshares reported 2.93 in Dividend Yield for its third fiscal quarter of 2022.
In case you had bought shares three years earlier for $1000 on Nov 07, 2019 at 18.92, your payout can be computed as shown. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. The most recent change in the company’s dividend was an increase of $0.0150 on Wednesday, January 25, 2023. Home Bancshares, Inc. has increased its dividend for the past 13 consecutive years. Over the past three years, the company’s dividend has grown by an average of 8.97% per year.