ホームバンクの適時開示・決算・その他

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_________________________________

FORM 8-K

_________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 14, 2026

_________________________________

HOME BANCSHARES, INC.

(Exact name of Registrant as Specified in Its Charter)

_________________________________


Arkansas	001-41093	71-0682831
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

719 Harkrider, Suite 100

Conway, Arkansas 72032

(Address of Principal Executive Offices) (Zip Code)

(501) 339-2929

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

HOMB

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition.

Home BancShares, Inc. (the “Company”) hereby furnishes its October 14, 2026 press release announcing third quarter 2026 earnings, which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 7.01 Regulation FD Disclosure.

See Item 2.02. Results of Operations and Financial Condition.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.


99.1			Press Release: Home BancShares, Inc. Announces Third Quarter Earnings
99.2			Supplemental Presentation for Third Quarter Earnings Call
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		Home BancShares, Inc.

Date:	October 14, 2026	By:	/s/ Jennifer C. Floyd
			Jennifer C. Floyd
			Chief Accounting Officer

EX-99.1 2 homb093026earningsrelease.htm EX-99.1 Document

EXHIBIT 99.1


For Immediate Release:			October 14, 2026

Home BancShares Reports Record Third Quarter Net Income, Bringing the Company Closer

to a Half-Billion-Dollar Year

Conway, AR – Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.

Quarterly Highlights


Metric	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025
Net income	$129.5 million	$119.3 million	$118.2 million	$118.2 million	$123.6 million
Net income, as adjusted (non-GAAP)(1)	$129.1 million	$128.1 million	$118.2 million	$117.9 million	$119.7 million
Total revenue (net)	$288.4 million	$295.1 million	$266.7 million	$282.1 million	$277.7 million
Income before income taxes	$166.9 million	$154.4 million	$152.2 million	$153.3 million	$159.3 million
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
PPNR, as adjusted (non-GAAP)(1)	$166.6 million	$171.2 million	$152.7 million	$167.1 million	$157.7 million
Pre-tax net income to total revenue (net)	57.87%	52.32%	57.08%	54.35%	57.38%
Pre-tax net income, as adjusted, to total revenue (net) (non-GAAP)(1)	57.75%	56.27%	57.06%	54.14%	55.53%
P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1)	57.87%	54.08%	57.27%	59.46%	58.64%
P5NR, as adjusted (non-GAAP)(1)	57.75%	58.03%	57.25%	59.25%	56.80%
ROA	2.12%	1.95%	2.09%	2.06%	2.17%
ROA, as adjusted (non-GAAP)(1)	2.11%	2.09%	2.09%	2.05%	2.10%
NIM	4.53%	4.51%	4.51%	4.61%	4.56%
Purchase accounting accretion	$2.9 million	$3.6 million	$1.1 million	$1.3 million	$1.3 million
ROE	11.24%	10.55%	11.09%	11.04%	11.91%
ROE, as adjusted (non-GAAP)(1)	11.20%	11.32%	11.08%	11.01%	11.54%
ROTCE (non-GAAP)(1)	16.59%	15.67%	16.56%	16.65%	18.28%
ROTCE, as adjusted (non-GAAP)(1)	16.54%	16.82%	16.55%	16.60%	17.70%
Diluted earnings per share	$0.65	$0.59	$0.60	$0.60	$0.63
Diluted earnings per share, as adjusted (non-GAAP)(1)	$0.65	$0.64	$0.60	$0.60	$0.61

Non-performing assets to total assets	1.02%	0.93%	0.97%	0.55%	0.56%
Common equity tier 1 capital	16.7%	16.3%	16.7%	16.3%	16.1%
Leverage	14.3%	13.9%	14.3%	14.1%	13.8%
Tier 1 capital	16.7%	16.3%	16.7%	16.3%	16.1%
Total risk-based capital	19.4%	19.0%	19.5%	19.1%	18.9%
Allowance for credit losses to total loans	1.93%	1.92%	1.90%	1.90%	1.87%
Book value per share	$22.74	$22.68	$22.15	$21.88	$21.41
Tangible book value per share (non-GAAP)(1)	$15.35	$15.32	$14.87	$14.60	$14.13
Dividends per share	$0.23	$0.21	$0.21	$0.21	$0.20
Shareholder buyback yield(2)	0.69%	0.77%	0.25%	0.27%	0.18%

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

(2) Calculation of this metric is included in the schedules accompanying this release.

“In banking some play the growth game. At HOMB, we focus on stability. Strength is no accident, it’s our culture, and for that I am proud. Our team delivered a very solid and safe third quarter,” said John Allison, Chairman.


Quarterly Financial Performance Trends
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 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 and 7.9% from $119.7 million in the third quarter of 2025.						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 Company's earnings performance.
Dollar amounts presented below in thousands.


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 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 loss expense.						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.


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. While revenue declined modestly from the linked quarter, results remained strong and increased from the third quarter of 2025, reflecting continued strength in net interest income and the Company's banking operations.						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.


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 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 from the linked quarter primarily reflects the absence of acquisition-related expenses recognized during the second quarter. On an adjusted basis, the efficiency ratio remained relatively stable compared to the prior quarter and improved modestly from the prior-year period, reflecting continued operating discipline.						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 base.


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.


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.

Operating Highlights

Net income for the three-month period ended September 30, 2026 was $129.5 million, or $0.65 diluted earnings per share, both of which were records for the Company. When adjusting for non-fundamental items, net income and diluted earnings per share on an as-adjusted basis (non-GAAP), were $129.1 million(1) and $0.65 per share(1), respectively, for the three months ended September 30, 2026.

Our net interest margin was 4.53% and 4.51% for the three-month periods ended September 30, 2026 and June 30, 2026, respectively. The yield on loans was 6.95% and 7.00% for the three months ended September 30, 2026 and June 30, 2026, respectively, as average loans decreased from $17.08 billion to $17.06 billion. The rate on interest bearing deposits decreased to 2.37% for the three-month period ended September 30, 2026, from 2.39% for the three-month period ended June 30, 2026, and average interest-bearing deposits decreased from $14.69 billion to $14.43 billion.

During the third quarter of 2026, there was $1.5 million of event interest income compared to $1.7 million of event interest income for the second quarter of 2026. Purchase accounting accretion on acquired loans was $2.9 million and $3.6 million for the three-month periods ended September 30, 2026 and June 30, 2026, respectively, and average purchase accounting loan discounts were $39.4 million and $42.0 million for the three-month periods ended September 30, 2026 and June 30, 2026, respectively. The decrease in accretion was dilutive to the net interest margin by one basis point.

Net interest income on a fully taxable equivalent basis was $244.5 million for the three-month period ended September 30, 2026, compared to $244.3 million for the three-month period ended June 30, 2026. This increase in net interest income for the three-month period ended September 30, 2026, was the result of a $2.3 million decrease in interest expense, which was partially offset by a $2.1 million decrease in interest income. The $2.3 million decrease in interest expense was due to a $1.2 million decrease in interest expense on deposits and a $1.1 million decrease in interest expense on FHLB and other borrowed funds. The $2.1 million decrease in interest income was primarily the result of a $1.6 million decrease in income from interest-bearing balances due from banks and a $963,000 decrease in income from investments.

The Company reported $46.4 million of non-interest income for the third quarter of 2026. The most important components of non-interest income were $12.0 million from other service charges and fees, $11.6 million from other income, $10.4 million from service charges on deposit accounts, $4.0 million from trust fees, $3.8 million in mortgage lending income, $2.6 million from dividends from FHLB, FRB, FNBB and other, $1.5 million from the increase in cash value of life insurance, $744,000 in income from the gain on sale of branches, equipment and other assets and $561,000 in insurance commissions, which were partially offset by $916,000 in expense from the fair value adjustment for marketable securities. Included within other income was $528,000 in bank-owned life insurance death benefit income, and included within the $744,000 in income from the gain on sale of branches, equipment and other assets was a $710,000 gain from the sale of a former branch location in Arkansas.

Non-interest expense for the third quarter of 2026 was $121.5 million. The most important components of non-interest expense were $67.6 million of salaries and employee benefits expense, $28.9 million in other operating expense, $15.8 million in occupancy and equipment expenses, and $9.2 million in data processing expenses. For the third quarter of 2026, our efficiency ratio was 40.78%, and our efficiency ratio, as adjusted (non-GAAP), was 40.84%(1).

Financial Condition

Total loans receivable were $16.91 billion at September 30, 2026, compared to $17.13 billion at June 30, 2026. Total deposits were $18.76 billion at September 30, 2026, compared to $19.11 billion at June 30, 2026. Total assets were $24.15 billion at September 30, 2026, compared to $24.71 billion at June 30, 2026.

During the third quarter of 2026, the Company had a $216.6 million decrease in loans. Our community banking footprint experienced $255.7 million in organic loan decline during the quarter ended September 30, 2026, while Centennial CFG experienced $39.1 million of organic loan growth in the third quarter, with $2.08 billion of loans outstanding at September 30, 2026.

Non-performing loans to total loans were 1.19% and 1.08% at September 30, 2026 and June 30, 2026, respectively. Non-performing assets to total assets were 1.02% and 0.93% at September 30, 2026 and June 30, 2026, respectively. Net loans charged-off were $2.1 million and $5.8 million for the three months ended September 30, 2026 and June 30, 2026, respectively. The charge-off detail by region for the quarters ended September 30, 2026 and June 30, 2026 can be seen below.


For the Three Months Ended September 30, 2026
(in thousands)	Texas		Arkansas		Centennial CFG		Shore Premier Finance		Florida		Tennessee		Alabama		Total
Charge-offs	$	848	$	947	$	—	$	679	$	1,165	$	18	$	12	$	3,669
Recoveries	(199)		(228)		—		(6)		(1,085)		—		(2)		(1,520)
Net charge-offs (recoveries)	$	649	$	719	$	—	$	673	$	80	$	18	$	10	$	2,149


For the Three Months Ended June 30, 2026
(in thousands)	Texas		Arkansas		Centennial CFG		Shore Premier Finance		Florida		Tennessee		Alabama		Total
Charge-offs	$	1,708	$	2,605	$	—	$	1,896	$	286	$	11	$	14	$	6,520
Recoveries	(249)		(324)		—		(5)		(142)		—		(2)		(722)
Net charge-offs (recoveries)	$	1,459	$	2,281	$	—	$	1,891	$	144	$	11	$	12	$	5,798

At September 30, 2026, non-performing loans were $200.8 million, and non-performing assets were $245.3 million. At June 30, 2026, non-performing loans were $185.3 million, and non-performing assets were $228.6 million.

The table below shows the non-performing loans and non-performing assets by region as of September 30, 2026:


(in thousands)	Texas		Arkansas		Centennial CFG		Shore Premier Finance		Florida		Tennessee		Alabama		Total
Non-accrual loans	$	126,160	$	18,322	$	14,844	$	9,789	$	22,581	$	4,049	$	44	$	195,789
Loans 90+ days past due	2,129		1,079		—		—		1,810		—		—		5,018
Total non-performing loans	128,289		19,401		14,844		9,789		24,391		4,049		44		200,807

Foreclosed assets held for sale	16,379		2,478		22,812		—		315		1,382		—		43,366
Other non-performing assets	—		—		—		1,140		—		—		—		1,140
Total other non-performing assets	16,379		2,478		22,812		1,140		315		1,382		—		44,506
Total non-performing assets	$	144,668	$	21,879	$	37,656	$	10,929	$	24,706	$	5,431	$	44	$	245,313

The table below shows the non-performing loans and non-performing assets by region as of June 30, 2026:


(in thousands)	Texas		Arkansas		Centennial CFG		Shore Premier Finance		Florida		Tennessee		Alabama		Total
Non-accrual loans	$	123,170	$	19,529	$	—	$	11,886	$	24,235	$	4,335	$	44	$	183,199
Loans 90+ days past due	690		238		—		—		282		916		—		2,126
Total non-performing loans	123,860		19,767		—		11,886		24,517		5,251		44		185,325

Foreclosed assets held for sale	15,647		2,028		22,812		—		260		1,392		—		42,139
Other non-performing assets	—		—		—		1,140		—		—		—		1,140
Total other non-performing assets	15,647		2,028		22,812		1,140		260		1,392		—		43,279
Total non-performing assets	$	139,507	$	21,795	$	22,812	$	13,026	$	24,777	$	6,643	$	44	$	228,604

The Company’s allowance for credit losses on loans was $326.2 million, or 1.93% of total loans, at September 30, 2026 compared to $328.4 million, or 1.92% of total loans, at June 30, 2026. As of September 30, 2026 and June 30, 2026, the Company’s allowance for credit losses on loans was 162.45% and 177.19% of its total non-performing loans, respectively.

Shareholders’ equity was $4.53 billion at September 30, 2026, which decreased approximately $17.7 million from June 30, 2026. The net decrease in shareholders’ equity is primarily associated with the $64.9 million decrease in accumulated other comprehensive income, the $39.6 million in stock repurchases for the quarter and the $46.0 million in dividends paid during the quarter, which were partially offset by the $129.5 million in net income for the quarter. Book value per common share was $22.74 at September 30, 2026, compared to $22.68 at June 30, 2026. Tangible book value per common share (non-GAAP) was $15.35(1) at September 30, 2026, compared to $15.32(1) at June 30, 2026. Book value per common share and tangible book value per common share, as of September 30, 2026, were both records for the Company.

Stock Repurchases and Dividends

During the three-month period ended September 30, 2026, the Company repurchased 1.3 million shares of common stock, which equated to a shareholder buyback yield of 0.69%(2). In comparison, during the three-month period ended June 30, 2026, the Company repurchased 1.5 million shares of common stock, which equated to a shareholder buyback yield of 0.77%(2). The Company defines shareholder buyback yield as the percentage of the Company’s market capitalization spent on share repurchases. It reflects how much the Company is returning to the shareholders by reducing the number of outstanding shares, and it is calculated by dividing the Company’s total share repurchase cost for the period by the Company’s total market capitalization at the beginning of the period.

In addition, during the quarter ended September 30, 2026, the Company paid a dividend of $0.23 per share. This cash dividend represented a $0.02, or 9.5%, increase over the $0.21 cash dividend paid during the second quarter of 2026 and a $0.03, or 15.0%, increase over the $0.20 cash dividend paid during the third quarter of 2025.

Branches

The Company currently has 75 branches in Arkansas, 78 branches in Florida, 59 branches in Texas, 8 branches in Tennessee, 5 branches in Alabama and one branch in New York City.

Conference Call

Management will conduct a conference call to review this information at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, October 15, 2026. We strongly encourage all participants to pre-register for the conference call webcast or the live call using one of the following links. First, participants can pre-register for the conference call webcast using the following link: https://events.q4inc.com/attendee/887189816. Participants who pre-register will be given a unique webcast link to gain immediate access to the conference call webcast. Second, participants can pre-register for the live call using the following link: https://events.q4inc.com/analyst/887189816?pwd=Khijd6H0. Participants who pre-register will be given the phone number and unique access codes to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be scheduled as an event in your Outlook calendar.

Those without internet access or unable to pre-register may dial in and listen to the live call by calling 1-833-461-5787, Passcode: 887189816. A replay of the call will be available using the following link: https://events.q4inc.com/attendee/887189816. Internet access to the call will be available live or in recorded version on the Company's website at www.homebancshares.com.

About Home BancShares

Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas. Its 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 in Arkansas, Florida, Texas, Tennessee, South Alabama and New York City. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.” The Company was founded in 1998. Visit www.homebancshares.com or www.my100bank.com for more information.

Non-GAAP Financial Measures

This press release contains financial information determined by methods other than in accordance with generally accepted accounting principles (GAAP). The Company’s management uses these non-GAAP financial measures--including net income (earnings), as adjusted; pre-tax, pre-provision, net income (PPNR); PPNR, as adjusted; pre-tax net income, as adjusted, to total revenue (net); pre-tax, pre-provision, profit percentage; pre-tax, pre-provision, profit percentage, as adjusted; diluted earnings per common share, as adjusted; return on average assets, as adjusted; return on average assets excluding intangible amortization; return on average assets, as adjusted, excluding intangible amortization; return on average common equity, as adjusted; return on average tangible common equity; return on average tangible common equity, as adjusted; return on average tangible common equity excluding intangible amortization; return on average tangible common equity, as adjusted, excluding intangible amortization; efficiency ratio, as adjusted; tangible book value per common share and tangible common equity to tangible assets--to provide meaningful supplemental information regarding our performance. These measures typically adjust GAAP performance measures to include the tax benefit associated with revenue items that are tax-exempt, as well as adjust income and equity available to common shareholders for certain significant items or transactions that management believes are not indicative of the Company’s primary business operating results. Since the presentation of these GAAP performance measures and their impact differ between companies, management believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company’s business. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the tables of this release.

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

(2) Calculation of this metric is included in the schedules accompanying this release.

General

This release contains forward-looking statements regarding the Company’s plans, expectations, goals and outlook for the future, including future financial results. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including any prospective financial information, are not fact and should not be relied upon as being guarantees or necessarily indicative of future events, performance or results. Readers are cautioned not to place undue reliance on any prospective financial information or other forward-looking statements contained in this news release. When we use words or phrases like “may,” “will,” “plan,” “propose,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” “expect,” “project,” “predict,” “estimate,” “could,” “should,” “would,” “bringing it closer to” and similar expressions, you should consider them as identifying forward-looking statements, although we may use other phrasing. Forward-looking statements of this type speak only as of the date of this news release and are based on various assumptions, estimates and judgments. By nature, forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following: economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment, including any future impacts from inflation or changes in tariffs or trade policies; the risk that the anticipated benefits from the completed acquisition of Mountain Commerce Bancorp, Inc. (“MCBI”) may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Home and MCBI operate; the ability to promptly and effectively integrate the businesses of Home and MCBI; the ability to retain key employees, customers and business relationships following the acquisition; the reaction to the completed acquisition of the companies’ customers, employees and counterparties; diversion of management time on integration-related issues; the possibility that the costs of integration may be greater than anticipated; the effect of any future mergers, acquisitions or other transactions to which we or our bank subsidiary may from time to time be a party, including as a result of one or more of the factors described above as they would relate to such transaction; the ability to identify, complete and successfully integrate additional acquisitions; the availability of and access to capital and liquidity on terms acceptable to us; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations; technological changes and cybersecurity risks and incidents; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; the impacts of political instability, ongoing or future military conflicts and other major domestic or international events; the impacts of recent or future adverse weather events, including hurricanes, and other natural disasters; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; potential increases in deposit insurance assessments, increased regulatory scrutiny or market disruptions resulting from financial challenges in the banking industry; disruptions, uncertainties and related effects on credit quality, liquidity and other aspects of our business and operations that may result from any future public health crises; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the “SEC”), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 27, 2026. Home undertakes no obligation to update the information in this press release, except as otherwise required by law.

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FOR MORE INFORMATION CONTACT:

Donna Townsell

Director of Investor Relations

Home BancShares, Inc.

(501) 328-4625

Home BancShares, Inc.

Consolidated End of Period Balance Sheets

(Unaudited)


(In thousands)	Sep 30, 2026		Jun 30, 2026		Mar 31, 2026		Dec 31, 2025		Sep 30, 2025
ASSETS
Cash and due from banks	$	281,515	$	279,660	$	296,209	$	237,224	$	284,750
Interest-bearing deposits with other banks	577,537		772,859		815,714		430,113		516,170
Cash and cash equivalents	859,052		1,052,519		1,111,923		667,337		800,920
Federal funds sold	4,025		5,450		6,025		3,000		3,625
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
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
Total investment securities	3,863,623		4,031,018		4,060,482		4,131,193		4,188,696
Loans receivable	16,910,621		17,127,208		15,633,628		15,686,209		15,285,972
Allowance for credit losses	(326,220)		(328,369)		(297,634)		(297,583)		(285,649)
Loans receivable, net	16,584,401		16,798,839		15,335,994		15,388,626		15,000,323
Bank premises and equipment, net	439,729		437,552		374,010		369,324		374,515
Foreclosed assets held for sale	43,366		42,139		40,874		39,831		41,263
Cash value of life insurance	232,361		233,515		221,830		220,469		219,075
Accrued interest receivable	111,688		108,384		106,628		108,939		110,702
Deferred tax asset, net	170,002		153,803		143,987		148,022		155,963
Goodwill	1,410,211		1,410,211		1,398,253		1,398,253		1,398,253
Core deposit intangible	62,651		65,541		30,355		32,293		34,231
Other assets	364,555		374,277		371,318		374,592		380,236
Total assets	$	24,145,664	$	24,713,248	$	23,201,679	$	22,881,879	$	22,707,802
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits:
Demand and non-interest-bearing	$	4,209,426	$	4,447,710	$	3,994,217	$	3,868,405	$	3,880,101
Savings and interest-bearing transaction accounts	12,354,400		12,423,361		11,971,866		11,792,828		11,500,921
Time deposits	2,191,743		2,242,034		1,772,192		1,818,724		1,946,674
Total deposits	18,755,569		19,113,105		17,738,275		17,479,957		17,327,696
Securities sold under agreements to repurchase	161,181		158,744		157,409		155,803		145,998
FHLB and other borrowed funds	250,250		450,250		500,250		500,250		550,500
Accrued interest payable and other liabilities	169,129		164,112		176,727		169,733		189,551
Subordinated debentures	279,774		279,602		279,433		279,265		279,093
Total liabilities	19,615,903		20,165,813		18,852,094		18,585,008		18,492,838
Shareholders' equity
Common stock	1,992		2,005		1,964		1,964		1,969
Capital surplus	2,265,268		2,301,551		2,191,243		2,201,923		2,214,211
Retained earnings	2,496,333		2,412,859		2,335,787		2,258,871		2,181,911
Accumulated other comprehensive loss	(233,832)		(168,980)		(179,409)		(165,887)		(183,127)
Total shareholders' equity	4,529,761		4,547,435		4,349,585		4,296,871		4,214,964
Total liabilities and shareholders' equity	$	24,145,664	$	24,713,248	$	23,201,679	$	22,881,879	$	22,707,802

Home BancShares, Inc.

Consolidated Statements of Income

(Unaudited)


	Quarter Ended										Nine Months Ended
(In thousands)	Sep 30, 2026		Jun 30, 2026		Mar 31, 2026		Dec 31, 2025		Sep 30, 2025		Sep 30, 2026		Sep 30, 2025
Interest income:
Loans	$	298,625	$	298,066	$	273,473	$	285,491	$	283,165	$	870,164	$	829,990
Investment securities
Taxable	24,971		25,787		24,728		25,860		26,326		75,486		80,203
Tax-exempt	7,711		7,811		7,829		7,834		7,743		23,351		23,019
Deposits - other banks	3,546		5,135		4,945		4,405		6,242		13,626		21,813
Federal funds sold	43		37		48		41		56		128		164
Total interest income	334,896		336,836		311,023		323,631		323,532		982,755		955,189
Interest expense:
Interest on deposits	86,280		87,432		79,145		83,739		87,962		252,857		263,237

FHLB and other borrowed funds	3,255		4,346		4,692		4,985		5,378		12,293		16,819
Securities sold under agreements to repurchase	1,009		1,057		927		962		1,019		2,993		3,105
Subordinated debentures	2,359		2,358		2,355		2,359		3,007		7,072		11,254
Total interest expense	92,903		95,193		87,119		92,045		97,366		275,215		294,415
Net interest income	241,993		241,643		223,904		231,586		226,166		707,540		660,774
Provision for credit losses on loans	—		5,200		1,500		14,400		6,700		6,700		9,700
Recovery of credit losses on unfunded commitments	—		—		(1,000)		—		(1,000)		(1,000)		(1,000)
Recovery of credit losses on investment securities	—		—		—		—		(2,194)		—		(2,194)
Total credit loss expense	—		5,200		500		14,400		3,506		5,700		6,506
Net interest income after credit loss expense	241,993		236,443		223,404		217,186		222,660		701,840		654,268
Non-interest income:
Service charges on deposit accounts	10,403		10,030		10,007		10,480		10,486		30,440		29,688
Other service charges and fees	12,008		12,973		9,810		11,148		12,130		34,791		35,462
Trust fees	3,969		6,109		5,482		5,121		4,600		15,560		14,594
Mortgage lending income	3,783		5,139		4,430		4,680		4,691		13,352		13,070
Insurance commissions	561		578		536		460		574		1,675		1,698
Increase in cash value of life insurance	1,530		1,553		1,368		1,400		1,404		4,451		4,661
Dividends from FHLB, FRB, FNBB & other	2,640		2,841		2,536		2,678		2,658		8,017		8,033
Gain on SBA loans	—		—		80		308		46		80		334
Gain (loss) on branches, equipment and other assets, net	744		3		(7)		11		(66)		740		743
Gain (loss) on OREO, net	81		332		707		203		(1)		1,120		(364)

Fair value adjustment for marketable securities	(916)		817		(1,248)		1,173		1,020		(1,347)		1,224
Other income	11,643		13,079		9,102		12,838		13,963		33,824		38,867
Total non-interest income	46,446		53,454		42,803		50,500		51,505		142,703		148,010
Non-interest expense:
Salaries and employee benefits	67,607		68,742		63,236		62,891		63,804		199,585		189,977
Occupancy and equipment	15,819		15,787		14,867		14,434		14,828		46,473		43,276
Data processing expense	9,187		9,307		8,884		8,653		8,871		27,378		25,793
Merger and acquisition expenses	—		12,726		394		580		—		13,120		—
Other operating expenses	28,919		28,932		26,594		27,805		27,335		84,445		84,760
Total non-interest expense	121,532		135,494		113,975		114,363		114,838		371,001		343,806
Income before income taxes	166,907		154,403		152,232		153,323		159,327		473,542		458,472
Income tax expense	37,456		35,076		34,023		35,098		35,723		106,555		101,256
Net income	$	129,451	$	119,327	$	118,209	$	118,225	$	123,604	$	366,987	$	357,216

Home BancShares, Inc.

Selected Financial Information

(Unaudited)


	Quarter Ended															Nine Months Ended
(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
PER SHARE DATA

Diluted earnings per common share	$	0.65		$	0.59		$	0.60		$	0.60		$	0.63		$	1.84		$	1.80
Diluted earnings per common share, as adjusted (non-GAAP)(1)	0.65			0.64			0.60			0.60			0.61			1.88			1.75
Basic earnings per common share	0.65			0.59			0.60			0.60			0.63			1.84			1.81
Dividends per share - common	0.23			0.21			0.21			0.21			0.20			0.65			0.595
Shareholder buyback yield(2)	0.69%			0.77%			0.25%			0.27%			0.18%			1.73%			1.19%
Book value per common share	$	22.74		$	22.68		$	22.15		$	21.88		$	21.41		$	22.74		$	21.41
Tangible book value per common share (non-GAAP)(1)	15.35			15.32			14.87			14.60			14.13			15.35			14.13

STOCK INFORMATION

Average common shares outstanding	199,868			201,223			196,528			196,553			197,078			199,219			197,750
Average diluted shares outstanding	200,051			201,420			196,733			196,764			197,288			199,413			197,952
End of period common shares outstanding	199,210			200,460			196,394			196,357			196,889			199,210			196,889

ANNUALIZED PERFORMANCE METRICS

Return on average assets (ROA)	2.12		%	1.95		%	2.09		%	2.06		%	2.17		%	2.05		%	2.11		%
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
Return on average assets excluding intangible amortization (non-GAAP)(1)	2.30			2.12			2.25			2.22			2.34			2.22			2.28
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
Return on average common equity (ROE)	11.24			10.55			11.09			11.04			11.91			10.94			11.81
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
Return on average tangible common equity (ROTCE) (non-GAAP)(1)	16.59			15.67			16.56			16.65			18.28			16.23			18.31
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
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
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

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

(2) Calculation of this metric is included in the schedules accompanying this release.

Home BancShares, Inc.

Selected Financial Information

(Unaudited)


	Quarter Ended															Nine Months Ended
(Dollars in thousands)	Sep 30, 2026			Jun 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025			Sep 30, 2026			Sep 30, 2025
Efficiency ratio	40.78		%	44.54		%	41.59		%	39.54		%	40.21		%	42.34		%	41.35		%
Efficiency ratio, as adjusted (non-GAAP)(1)	40.84			40.46			41.99			39.53			40.95			41.07			41.91
Net interest margin - FTE (NIM)	4.53			4.51			4.51			4.61			4.56			4.52			4.48
Fully taxable equivalent adjustment	$	2,516		$	2,653		$	2,661		$	2,252		$	2,916		$	7,830		$	7,976
Total revenue (net)	288,439			295,097			266,707			282,086			277,671			850,243			808,784
Pre-tax, pre-provision, net income (PPNR) (non-GAAP)(1)	166,907			159,603			152,732			167,723			162,833			479,242			464,978
PPNR, as adjusted (non-GAAP)(1)	166,585			171,238			152,677			167,130			157,704			490,500			450,929
Pre-tax net income to total revenue (net)	57.87		%	52.32		%	57.08		%	54.35		%	57.38		%	55.69		%	56.69		%
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
P5NR ((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
P5NR, as adjusted (non-GAAP)(1)	57.75			58.03			57.25			59.25			56.80			57.69			55.75
Total purchase accounting accretion	$	2,875		$	3,618		$	1,061		$	1,265		$	1,272		$	7,554		$	3,883
Average purchase accounting loan discounts	39,395			41,962			12,507			13,753			15,009			31,399			16,257

OTHER OPERATING EXPENSES


Advertising	$	2,179		$	2,214		$	2,227		$	2,114		$	2,149		$	6,620		$	6,131
Amortization of intangibles	2,890			2,889			1,938			1,938			2,024			7,717			6,096
Electronic banking expense	2,950			3,223			3,326			3,288			3,357			9,499			9,584
Directors' fees	402			416			518			388			405			1,336			1,288
Due from bank service charges	335			344			333			324			404			1,012			968
FDIC and state assessment	3,498			3,045			1,599			2,970			3,245			8,142			8,268
Insurance	1,073			1,090			1,074			1,044			1,110			3,237			3,158
Legal and accounting	1,235			1,426			914			1,362			1,061			3,575			7,062
Other professional fees	2,523			2,247			1,946			2,168			2,083			6,716			6,241
Operating supplies	877			769			748			759			773			2,394			2,195
Postage	580			684			543			564			538			1,807			1,529
Telephone	267			324			363			382			367			954			1,222
Other expense	10,110			10,261			11,065			10,504			9,819			31,436			31,018
Total other operating expenses	$	28,919		$	28,932		$	26,594		$	27,805		$	27,335		$	84,445		$	84,760

(1) Calculation of this metric and the reconciliation to GAAP are included in the schedules accompanying this release.

Home BancShares, Inc.

Selected Financial Information

(Unaudited)


(Dollars in thousands)	Sep 30, 2026			Jun 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025
BALANCE SHEET RATIOS
Total loans to total deposits	90.16		%	89.61		%	88.13		%	89.74		%	88.22		%
Common equity to assets	18.76			18.40			18.75			18.78			18.56
Tangible common equity to tangible assets (non-GAAP)(1)	13.48			13.22			13.42			13.36			13.08
LOANS RECEIVABLE
Real estate
Commercial real estate loans
Non-farm/non-residential	$	5,543,038		$	5,921,829		$	5,395,529		$	5,290,112		$	5,494,492
Construction/land development	2,851,115			2,780,116			2,613,604			2,726,993			2,709,197
Agricultural	326,929			329,231			321,046			332,412			331,301
Residential real estate loans
Residential 1-4 family	2,486,120			2,545,462			2,100,374			2,134,334			2,142,375
Multifamily residential	1,281,202			1,269,728			1,232,639			1,140,911			716,595
Total real estate	12,488,404			12,846,366			11,663,192			11,624,762			11,393,960
Consumer	1,305,141			1,278,008			1,254,936			1,253,746			1,233,523
Commercial and industrial	2,330,327			2,285,054			2,172,267			2,222,401			2,100,268
Agricultural	372,834			356,611			329,563			359,879			346,167
Other	413,915			361,169			213,670			225,421			212,054
Loans receivable	$	16,910,621		$	17,127,208		$	15,633,628		$	15,686,209		$	15,285,972

ALLOWANCE FOR CREDIT LOSSES
Balance, beginning of period	$	328,369		$	297,634		$	297,583		$	285,649		$	281,869
Allowance for credit losses on acquired loans - MCBI	—			31,333			—			—			—
Loans charged off	3,669			6,520			2,849			3,063			4,651
Recoveries of loans previously charged off	1,520			722			1,400			597			1,731
Net loans charged off (recovered)	2,149			5,798			1,449			2,466			2,920

Provision for credit losses - loans	—			5,200			1,500			14,400			6,700
Balance, end of period	$	326,220		$	328,369		$	297,634		$	297,583		$	285,649
Net charge-offs (recoveries) to average total loans	0.05		%	0.14		%	0.04		%	0.06		%	0.08		%
Allowance for credit losses to total loans	1.93			1.92			1.90			1.90			1.87
NON-PERFORMING ASSETS
Non-performing loans
Non-accrual loans	$	195,789		$	183,199		$	179,639		$	78,002		$	81,087
Loans past due 90 days or more	5,018			2,126			2,481			6,980			4,125
Total non-performing loans	200,807			185,325			182,120			84,982			85,212
Other non-performing assets
Foreclosed assets held for sale, net	43,366			42,139			40,874			39,831			41,263
Other non-performing assets	1,140			1,140			1,140			—			—
Total other non-performing assets	44,506			43,279			42,014			39,831			41,263
Total non-performing assets	$	245,313		$	228,604		$	224,134		$	124,813		$	126,475
Allowance for credit losses for loans to non-performing loans	162.45		%	177.19		%	163.43		%	350.17		%	335.22		%
Non-performing loans to total loans	1.19			1.08			1.16			0.54			0.56
Non-performing assets to total assets	1.02			0.93			0.97			0.55			0.56

(1) Calculation of this metric and the reconciliation to GAAP is included in the schedules accompanying this release.

Home BancShares, Inc.

Consolidated Net Interest Margin

(Unaudited)


	Three Months Ended
	September 30, 2026						June 30, 2026
(Dollars in thousands)	Average Balance		Income/ Expense		Yield/ Rate		Average Balance		Income/ Expense		Yield/ Rate
ASSETS
Earning assets
Interest-bearing balances due from banks	$	401,244	$	3,546	3.51	%	$	555,186	$	5,135	3.71	%
Federal funds sold	4,743		43		3.60		4,042		37		3.67
Investment securities - taxable	2,792,283		24,971		3.55		2,936,008		25,787		3.52
Investment securities - non-taxable - FTE	1,174,643		10,113		3.42		1,165,876		10,260		3.53
Loans receivable - FTE	17,055,603		298,739		6.95		17,083,743		298,270		7.00
Total interest-earning assets	21,428,516		337,412		6.25		21,744,855		339,489		6.26
Non-earning assets	2,791,365						2,780,403
Total assets	$	24,219,881					$	24,525,258
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Interest-bearing liabilities
Savings and interest-bearing transaction accounts	$	12,209,970	$	68,052	2.21	%	$	12,392,404	$	68,650	2.22	%
Time deposits	2,224,381		18,228		3.25		2,301,685		18,782		3.27
Total interest-bearing deposits	14,434,351		86,280		2.37		14,694,089		87,432		2.39
Federal funds purchased	11		—		—		30		—		—
Securities sold under agreement to repurchase	151,203		1,009		2.65		167,885		1,057		2.53
FHLB and other borrowed funds	351,588		3,255		3.67		466,734		4,346		3.73
Subordinated debentures	279,689		2,359		3.35		279,519		2,358		3.38
Total interest-bearing liabilities	15,216,842		92,903		2.42		15,608,257		95,193		2.45
Non-interest bearing liabilities
Non-interest bearing deposits	4,251,520						4,222,813
Other liabilities	181,041						158,476
Total liabilities	19,649,403						19,989,546
Shareholders' equity	4,570,478						4,535,712
Total liabilities and shareholders' equity	$	24,219,881					$	24,525,258
Net interest spread					3.83	%					3.81	%
Net interest income and margin - FTE			$	244,509	4.53				$	244,296	4.51

Home BancShares, Inc.

Consolidated Net Interest Margin

(Unaudited)


	Nine Months Ended
	September 30, 2026						September 30, 2025
(Dollars in thousands)	Average Balance		Income/ Expense		Yield/ Rate		Average Balance		Income/ Expense		Yield/ Rate
ASSETS
Earning assets
Interest-bearing balances due from banks	$	504,055	$	13,626	3.61	%	$	664,308	$	21,813	4.39	%
Federal funds sold	4,687		128		3.65		5,037		164		4.35
Investment securities - taxable	2,887,538		75,486		3.50		3,104,254		80,203		3.45
Investment securities - non-taxable - FTE	1,172,057		30,658		3.50		1,121,481		30,294		3.61
Loans receivable - FTE	16,611,685		870,687		7.01		15,056,440		830,691		7.38
Total interest-earning assets	21,180,022		990,585		6.25		19,951,520		963,165		6.45
Non-earning assets	2,732,719						2,710,647
Total assets	$	23,912,741					$	22,662,167
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Interest-bearing liabilities
Savings and interest-bearing transaction accounts	$	12,158,366	$	201,110	2.21	%	$	11,450,902	$	211,120	2.47	%
Time deposits	2,108,760		51,747		3.28		1,866,855		52,117		3.73
Total interest-bearing deposits	14,267,126		252,857		2.37		13,317,757		263,237		2.64
Federal funds purchased	14		—		—		19		—		—
Securities sold under agreement to repurchase	156,986		2,993		2.55		148,462		3,105		2.80
FHLB and other borrowed funds	438,979		12,293		3.74		572,538		16,819		3.93
Subordinated debentures	279,521		7,072		3.38		405,285		11,254		3.71
Total interest-bearing liabilities	15,142,626		275,215		2.43		14,444,061		294,415		2.73
Non-interest bearing liabilities
Non-interest bearing deposits	4,111,722						3,973,135
Other liabilities	172,277						201,228
Total liabilities	19,426,625						18,618,424
Shareholders' equity	4,486,116						4,043,743
Total liabilities and shareholders' equity	$	23,912,741					$	22,662,167
Net interest spread					3.82	%					3.72	%
Net interest income and margin - FTE			$	715,370	4.52				$	668,750	4.48

Home BancShares, Inc.

Non-GAAP Reconciliations

(Unaudited)


	Quarter Ended															Nine Months Ended
(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
NET INCOME (EARNINGS), AS ADJUSTED
GAAP net income available to common shareholders (A)	$	129,451		$	119,327		$	118,209		$	118,225		$	123,604		$	366,987		$	357,216
Pre-tax adjustments
Merger and acquisition expense	—			12,726			394			580			—			13,120			—
Gain on retirement of subordinated debt	—			—			—			—			(1,882)			—			(1,882)
FDIC special assessment credit	—			—			(1,697)			—			—			(1,697)			(1,516)
BOLI death benefits	(528)			(274)			—			—			(187)			(802)			(1,430)
Gain on sale of premises and equipment	(710)			—			—			—			—			(710)			(983)

Fair value adjustment for marketable securities	916			(817)			1,248			(1,173)			(1,020)			1,347			(1,224)
Special income from equity investment	—			—			—			—			—			—			(7,389)
Legal fee reimbursement	—			—			—			—			—			—			(885)
Legal claims expense	—			—			—			—			—			—			3,300
Recoveries on historic losses	—			—			—			—			(2,040)			—			(2,040)

Total pre-tax adjustments	(322)			11,635			(55)			(593)			(5,129)			11,258			(14,049)
Tax-effect of adjustments	50			2,901			(13)			(231)			(1,207)			2,938			(3,083)

Total adjustments after-tax (B)	(372)			8,734			(42)			(362)			(3,922)			8,320			(10,966)
Net income, as adjusted (C)	$	129,079		$	128,061		$	118,167		$	117,863		$	119,682		$	375,307		$	346,250

Average diluted shares outstanding (D)	200,051			201,420			196,733			196,764			197,288			199,413			197,952

GAAP diluted earnings per share: (A/D)	$	0.65		$	0.59		$	0.60		$	0.60		$	0.63		$	1.84		$	1.80
Adjustments after-tax: (B/D)	—			0.05			—			—			(0.02)			0.04			(0.05)
Diluted earnings per common share, as adjusted: (C/D)	$	0.65		$	0.64		$	0.60		$	0.60		$	0.61		$	1.88		$	1.75











ANNUALIZED RETURN ON AVERAGE ASSETS
Return on average assets: (A/E)	2.12		%	1.95		%	2.09		%	2.06		%	2.17		%	2.05		%	2.11		%
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
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
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

GAAP net income available to common shareholders (A)	$	129,451		$	119,327		$	118,209		$	118,225		$	123,604		$	366,987		$	357,216
Amortization of intangibles (B)	2,890			2,889			1,938			1,938			2,024			7,717			6,096
Amortization of intangibles after-tax (C)	2,186			2,185			1,466			1,466			1,529			5,837			4,607
Adjustments after-tax (D)	(372)			8,734			(42)			(362)			(3,922)			8,320			(10,966)
Average assets (E)	24,219,881			24,525,258			22,954,441			22,786,852			22,638,938			23,912,741			22,662,167
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

Home BancShares, Inc.

Non-GAAP Reconciliations

(Unaudited)


	Quarter Ended															Nine Months Ended
(Dollars in thousands)	Sep 30, 2026			Jun 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025			Sep 30, 2026			Sep 30, 2025
ANNUALIZED RETURN ON AVERAGE COMMON EQUITY
Return on average common equity: (A/D)	11.24		%	10.55		%	11.09		%	11.04		%	11.91		%	10.94		%	11.81		%
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
Return on average tangible common equity: (ROTCE) (A/(D-E))	16.59			15.67			16.56			16.65			18.28			16.23			18.31
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
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
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

GAAP net income available to common shareholders (A)	$	129,451		$	119,327		$	118,209		$	118,225		$	123,604		$	366,987		$	357,216
Earnings excluding intangible amortization (B)	131,637			121,512			119,675			119,691			125,133			372,824			361,823
Adjustments after-tax (C)	(372)			8,734			(42)			(362)			(3,922)			8,320			(10,966)
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
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
EFFICIENCY RATIO & P5NR
Efficiency ratio: ((D-G)/(B+C+E))	40.78		%	44.54		%	41.59		%	39.54		%	40.21		%	42.34		%	41.35		%
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
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
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
Pre-tax, pre-provision, net income (PPNR) (B+C-D)	$	166,907		$	159,603		$	152,732		$	167,723		$	162,833		$	479,242		$	464,978
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
P5NR ((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		%
P5NR, as adjusted (B+C-D+F)/(B+C)	57.75			58.03			57.25			59.25			56.80			57.69			55.75

Pre-tax net income (A)	$	166,907		$	154,403		$	152,232		$	153,323		$	159,327		$	473,542		$	458,472
Net interest income (B)	241,993			241,643			223,904			231,586			226,166			707,540			660,774
Non-interest income (C)	46,446			53,454			42,803			50,500			51,505			142,703			148,010
Non-interest expense (D)	121,532			135,494			113,975			114,363			114,838			371,001			343,806
Fully taxable equivalent adjustment (E)	2,516			2,653			2,661			2,252			2,916			7,830			7,976
Total pre-tax adjustments (F)	(322)			11,635			(55)			(593)			(5,129)			11,258			(14,049)

Amortization of intangibles (G)	2,890			2,889			1,938			1,938			2,024			7,717			6,096
Adjustments:
Non-interest income:
Gain on retirement of subordinated debt	$	—		$	—		$	—		$	—		$	1,882		$	—		$	1,882
Fair value adjustment for marketable securities	(916)			817			(1,248)			1,173			1,020			(1,347)			1,224
Gain (loss) on OREO	81			332			707			203			(1)			1,120			(364)
Gain (loss) on branches, equipment and other assets, net	744			3			(7)			11			(66)			740			743
Special income from equity investment	—			—			—			—			—			—			7,389
Legal fee reimbursement	—			—			—			—			—			—			885
BOLI death benefits	528			274			—			—			187			802			1,430
Recoveries on historic losses	—			—			—			—			2,040			—			2,040
Total non-interest income adjustments (H)	$	437		$	1,426		$	(548)		$	1,387		$	5,062		$	1,315		$	15,229
Non-interest expense:
FDIC special assessment credit	—			—			(1,697)			—			—			(1,697)			(1,516)
Merger and acquisition expenses	—			12,726			394			580			—			13,120			—
Legal claims expense	—			—			—			—			—			—			3,300


Total non-interest expense adjustments (I)	$	—		$	12,726		$	(1,303)		$	580		$	—		$	11,423		$	1,784

Home BancShares, Inc.

Non-GAAP Reconciliations

(Unaudited)


	Quarter Ended
	Sep 30, 2026			Jun 30, 2026			Mar 31, 2026			Dec 31, 2025			Sep 30, 2025
TANGIBLE BOOK VALUE PER COMMON SHARE
Book value per common share: (A/B)	$	22.74		$	22.68		$	22.15		$	21.88		$	21.41
Tangible book value per common share: ((A-C-D)/B)	15.35			15.32			14.87			14.60			14.13

Total shareholders' equity (A)	$	4,529,761		$	4,547,435		$	4,349,585		$	4,296,871		$	4,214,964
End of period common shares outstanding (B)	199,210			200,460			196,394			196,357			196,889
Goodwill (C)	1,410,211			1,410,211			1,398,253			1,398,253			1,398,253
Core deposit and other intangibles (D)	62,651			65,541			30,355			32,293			34,231
TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS
Equity to assets: (B/A)	18.76		%	18.40		%	18.75		%	18.78		%	18.56		%
Tangible common equity to tangible assets: ((B-C-D)/(A-C-D))	13.48			13.22			13.42			13.36			13.08

Total assets (A)	$	24,145,664		$	24,713,248		$	23,201,679		$	22,881,879		$	22,707,802
Total shareholders' equity (B)	4,529,761			4,547,435			4,349,585			4,296,871			4,214,964
Goodwill (C)	1,410,211			1,410,211			1,398,253			1,398,253			1,398,253
Core deposit and other intangibles (D)	62,651			65,541			30,355			32,293			34,231

Home BancShares, Inc.

Shareholder Buyback Yield

(Unaudited)


	Quarter Ended															Nine Months Ended
(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
SHAREHOLDER BUYBACK YIELD
Shareholder buyback yield: (A/B)	0.69		%	0.77		%	0.25		%	0.27		%	0.18		%	1.73		%	1.19		%

Shares repurchased	1,300			1,500			508			541			350			3,308			2,350
Average price per share	$	30.20		$	26.94		$	27.32		$	27.26		$	28.34		$	28.28		$	28.33
Principal cost	39,262			40,415			13,877			14,747			9,918			93,554			66,575
Excise tax	376			386			1			141			93			763			669
Total share repurchase cost (A)	$	39,638		$	40,801		$	13,878		$	14,888		$	10,011		$	94,317		$	67,244

Shares outstanding beginning of period	200,460			196,394			196,357			196,889			197,239			196,357			198,882
Price per share beginning of period	$	28.55		$	26.93		$	27.78		$	28.30		$	28.46		$	27.78		$	28.30
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

EX-99.2 3 q32026presentationforweb.htm EX-99.2 q32026presentationforweb

NYSE: HOMB | 3rd Quarter Earnings Call www.homebancshares.com

NON-GAAP FINANCIAL MEASURES This presentation contains financial information determined by methods other than in accordance with generally accepted accounting principles (GAAP). The management of Home BancShares, Inc. (the “Company”) uses these non-GAAP financial measures--including net income (earnings), as adjusted; pre- tax, pre-provision, net income (PPNR); PPNR, as adjusted; return on average assets, as adjusted; efficiency ratio, as adjusted; and tangible book value per share--to provide meaningful supplemental information regarding our performance. These measures typically adjust GAAP performance measures to include the tax benefit associated with revenue items that are tax-exempt, as well as adjust income available to common shareholders for certain significant items or transactions that management believes are not indicative of the Company’s primary business operating results. Since the presentation of these GAAP performance measures and their impact differ between companies, management believes presentations of these non- GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company’s business. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the tables accompanying the Company’s earnings press release for the quarter ended September 30, 2026, available at https://www.homebancshares.com/news-events/news/default.aspx. 2

NET INCOME 3 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 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 and 7.9% from $119.7 million in the third quarter of 2025. (1) Calculation of this metric and the reconciliation to GAAP can be found in the tables accompanying the Company’s earnings press release for the quarter ended September 30, 2026, available at https://www.homebancshares.com/news-events/news/default.aspx.

PRE-TAX, PRE-PROVISION NET INCOME 4 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 Company's earnings performance. (1) Calculation of this metric and the reconciliation to GAAP can be found in the tables accompanying the Company’s earnings press release for the quarter ended September 30, 2026, available at https://www.homebancshares.com/news-events/news/default.aspx.

NET INTEREST INCOME AFTER CREDIT LOSS EXPENSE 5 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 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 loss expense.

NON-INTEREST INCOME 6 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.

TOTAL REVENUE (NET) 7 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. While revenue declined modestly from the linked quarter, results remained strong and increased from the third quarter of 2025, reflecting continued strength in net interest income and the Company's banking operations.

EXPENSES 8 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.

EFFICIENCY RATIO 9 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 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 from the linked quarter primarily reflects the absence of acquisition-related expenses recognized during the second quarter. On an adjusted basis, the efficiency ratio remained relatively stable compared to the prior quarter and improved modestly from the prior-year period, reflecting continued operating discipline. (1) Calculation of this metric and the reconciliation to GAAP can be found in the tables accompanying the Company’s earnings press release for the quarter ended September 30, 2026, available at https://www.homebancshares.com/news-events/news/default.aspx.

RETURN ON AVERAGE ASSETS 10 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 base. (1) Calculation of this metric and the reconciliation to GAAP can be found in the tables accompanying the Company’s earnings press release for the quarter ended September 30, 2026, available at https://www.homebancshares.com/news-events/news/default.aspx.

NET INTEREST MARGIN 11 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.

BOOK VALUE PER SHARE 12 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. (1) Calculation of this metric and the reconciliation to GAAP can be found in the tables accompanying the Company’s earnings press release for the quarter ended September 30, 2026, available at https://www.homebancshares.com/news-events/news/default.aspx.

CONTACT INFORMATION 13 Corporate Headquarters Home BancShares, Inc. 719 Harkrider Street, Suite 100 P.O. Box 966 Conway, AR 72033 Financial Information Donna Townsell Director of Investor Relations (501) 328-4625 Website www.homebancshares.com

NYSE: HOMB | 3rd Quarter Earnings Call www.homebancshares.com