Home Bancshares (Conway, AR) (HOMB) investor relations material

Executive summary

• Achieved record net income of $123.6 million and record EPS of $0.63 for Q3 2025, with revenue of $277.7 million and pre-tax, pre-provision net revenue of $162.8 million, marking the third consecutive record quarter.

• Adjusted net income was $119.7 million, and adjusted diluted EPS was $0.61, both record highs.

• Ranked number one in the nation for return on assets among banks over $10 billion in Q2 2025 and outperformed that in Q3.

• Settled the Texas lawsuit, receiving the first partial payment, with most of the balance expected in Q4.

• Signed a letter of intent for a significant M&A transaction, signaling readiness for further growth.

Financial highlights

• Net income for Q3 2025 was $123.6 million, up 23.6% year-over-year from $100 million in Q3 2024.

• Net interest margin improved to 4.56%, up 12 basis points sequentially and 28 basis points year-over-year.

• Efficiency ratio improved to 40.21%, the best in 12 months.

• Book value per share reached a record $21.41, and tangible book value per share was $14.13.

• Allowance for credit losses to total loans was 1.87%, with non-performing assets to total assets at 0.56%.

Outlook and guidance

• Management maintains a 2026 income target of $500 million, citing current performance and potential acquisitions as drivers.

• Expectation for continued strong performance and readiness for large or multiple smaller acquisitions.

• Margin expected to remain stable despite potential rate cuts, due to proactive management and rapid response to rate changes.

• Management highlighted peer-leading margins and efficiencies, with a continued focus on operational discipline and revenue growth.

• Forward-looking statements caution about risks from economic conditions, credit quality, interest rates, and regulatory changes.