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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.
This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. Schedule monthly income from dividend stocks with a monthly payment frequency. Equity multiplier, or assets relative to shareholders’ equity, comes in at 6.75 for HOME BANCSHARES INC; that’s greater than it is for 84.33% of US stocks.
Our community banking team is built around experienced bankers with strong local relationships. The Company was formed in 1998 by an investor group led by John W. Allison, our Chairman, and Robert H. After obtaining a bank charter, we established First State Bank in Conway, Arkansas, in 1999.
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.
- Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center.
- 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.
- In a report issued on July 21, Jon Arfstrom from RBC Capital maintained a Hold rating on Home Bancshares (HOMB – Research Report), with a price target of $25.00.
- The company’s shares closed yesterday at $23.35.According to TipRanks, A…
- 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.
- When the stock market emerges from a downturn, the small caps generally lead the way.
In a report released on October 12, Jon Arfstrom from RBC Capital maintained a Hold rating on Home Bancshares (HOMB – Research Report), with a price target of $26.00. The company’s shares closed yesterday at $24.24.Accordi… RBC Capital analyst Jon Arfstrom maintained a Hold rating on Home Bancshares (HOMB – Research Report) on January 11 and set a price target of $27.00. The company’s shares closed yesterday at $23.35.According to TipRanks, how to calculate a bond’s current yield A… People’s United Financial Inc., Home Bancshares Inc. and BancorpSouth Inc. may be among leading consolidators in the banking industry and could become some of the best performing stocks in the business during a recovery, a… Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.
During our years as a private company, Home BancShares and TCBancorp , raised $131.8 million in cash through intrastate offerings of common stock. Subsequently, as a public company, we have raised $47.2 million and $107.3 million of capital during 2006 and 2009, respectively. These capital raises have allowed our company to grow both organically and through cash acquisitions. Home Bancshares Inc paid out 43% of its earnings over the trailing twelve months. Build conviction from in-depth coverage of the best dividend stocks. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Home BancShares Inc (HOMB) Dividend History
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.
The current dividend yield of Home Bancshares is 2.99%. HOMB has a dividend yield of 3.14% and paid $0.68 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Feb 14, 2023. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas. If the last five payouts show variability and are all growing, we estimate future payouts by applying the average growth rate to the most recent payout. Quickest stock price recoveries post dividend payment.
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.
HOMB Valuation Summary
Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. In this post, you will find the past dividend dates and payouts. You will also find an interesting calculation before going deep into the report.
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 https://day-trading.info/ 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 dividend payout and yield for Home BancShares since 2008. The current TTM dividend payout for Home BancShares as of March 16, 2023 is $0.72. The current dividend yield for Home BancShares as of March 16, 2023 is 3.29%. If the last five payouts show variability and are not all growing, we estimate future payouts by applying the lowest growth rate to the most recent payment. Estimates are provided for securities with at least 5 consecutive payouts, special dividends not included. For ETFs and Mutual Funds, return of capital and capital gains distributions are not included.
Announces Completion of the Acquisition of Happy Bancshares, Inc. Home BancShares possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Renasant possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. MarketWatch’s daily rundown of major gainers and decliners in the U.S. stock market. Create a list of the investments you want to track.
Past Earnings
Home Bancshares’s dividend yield is in line with the Financial Services sector average. Home Bancshares’s payout ratio of 43% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 31%, Home Bancshares’s payout ratio is 39% higher. Other market data may be delayed by 15 minutes or more. In a report issued on July 21, Jon Arfstrom from RBC Capital maintained a Hold rating on Home Bancshares (HOMB – Research Report), with a price target of $25.00.
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.
HOMB vs Bank Stocks
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.
HOMB scores best on the Momentum dimension, with a Momentum rank ahead of 70.65% of US stocks. We have 9 different ratings for every stock to help you appreciate its future potential. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. Announces State Approval for Merger with Happy Bancshares, Inc. Announces Full Approval for Merger with Happy Bancshares, Inc.
And with the stock price down by 3.8% from a year ago, the dividend yield has increased by 20%. Home Bancshares’s last quarterly dividend of $0.18 per share was on Feb 14, 2023 (ex-date). The annualized dividend payment of $0.68 per share represents a current dividend yield of 2.99%. The latest HOMB payout of $0.18 marks a dividend growth of 9%. Intraday Data provided by FACTSET and subject to terms of use.
