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Home BancShares reports adjusted Q1 EPS 49c, consensus 46c
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Home BancShares reports adjusted Q1 EPS 49c, consensus 46c

Reports Q1 revenue $246.4M, consensus $240.46M. Reports book value per share $18.98. Reports CET1 capital ratio 14.3%. “I’m always looking for improvement, but if the next three quarters show positive trends such as this quarter did, I think HOMB is poised for a great year. The period for January to March resulted in increases in net interest income, revenue, EPS, margin (when adjusting for excess liquidity), loans and deposits along with strong liquidity while lowering our efficiency ratio. In addition, we reduced non-interest expense by $3 million, quarter over quarter. Any questions?” said John Allison, Chairman and CEO of HOMB.

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