Latest news with #HomeBancshares
Business Insider
6 days ago
- Business
- Business Insider
KBW Remains a Hold on Home Bancshares (HOMB)
KBW analyst Christopher Mcgratty maintained a Hold rating on Home Bancshares yesterday and set a price target of $32.00. The company's shares closed yesterday at $30.19. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Mcgratty is a 5-star analyst with an average return of 12.1% and a 69.29% success rate. Mcgratty covers the Financial sector, focusing on stocks such as Comerica, Webster Financial, and Bank of America. Home Bancshares has an analyst consensus of Moderate Buy, with a price target consensus of $32.00, which is a 6.00% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a $30.00 price target. Based on Home Bancshares' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $354.8 million and a net profit of $115.21 million. In comparison, last year the company earned a revenue of $355.29 million and had a net profit of $100.11 million Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HOMB in relation to earlier this year. Last month, JOHN STEPHEN TIPTON, the Centennial Bank CEO of HOMB sold 24,159.00 shares for a total of $664,855.68.
Yahoo
17-07-2025
- Business
- Yahoo
Home Bancshares's (NYSE:HOMB) Q2 Sales Beat Estimates
Regional banking company Home Bancshares (NYSE:HOMB) reported Q2 CY2025 results beating Wall Street's revenue expectations , with sales up 6.1% year on year to $271 million. Its non-GAAP profit of $0.58 per share was 2.2% above analysts' consensus estimates. Is now the time to buy Home Bancshares? Find out in our full research report. Home Bancshares (HOMB) Q2 CY2025 Highlights: Net Interest Income: $220 million vs analyst estimates of $218.7 million (3.8% year-on-year growth, 0.6% beat) Net Interest Margin: 4.4% vs analyst estimates of 4.4% (17 basis point year-on-year increase, in line) Revenue: $271 million vs analyst estimates of $260.6 million (6.1% year-on-year growth, 4% beat) Efficiency Ratio: 41.7% vs analyst estimates of 42.9% (1.2 percentage point beat) Adjusted EPS: $0.58 vs analyst estimates of $0.57 (2.2% beat) Market Capitalization: $5.63 billion "I am once again very pleased with our quarterly results. Diluted EPS of $0.60 and net income of $118.4 million are both records for HOMB. The ongoing, consistent performance from our bankers led to numerous other records being set in the second quarter, further highlighting that strength is no accident," said John Allison, Chairman & CEO of HOMB. Company Overview Founded in Conway, Arkansas in 1998 and growing through strategic acquisitions across the Southeast, Home Bancshares (NYSE:HOMB) operates as the bank holding company for Centennial Bank, providing commercial and retail banking services to businesses and individuals across multiple states. Sales Growth In general, banks make money from two primary sources. The first is net interest income, which is interest earned on loans, mortgages, and investments in securities minus interest paid out on deposits. The second source is non-interest income, which can come from bank account, credit card, wealth management, investing banking, and trading fees. Thankfully, Home Bancshares's 9.2% annualized revenue growth over the last five years was impressive. Its growth beat the average bank company and shows its offerings resonate with customers. We at StockStory place the most emphasis on long-term growth, but within financials, a half-decade historical view may miss recent interest rate changes, market returns, and industry trends. Home Bancshares's recent performance shows its demand has slowed significantly as its revenue was flat over the last two years. Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business. This quarter, Home Bancshares reported year-on-year revenue growth of 6.1%, and its $271 million of revenue exceeded Wall Street's estimates by 4%. Net interest income made up 82.4% of the company's total revenue during the last five years, meaning Home Bancshares barely relies on non-interest income to drive its overall growth. Net interest income commands greater market attention due to its reliability and consistency, whereas non-interest income is often seen as lower-quality revenue that lacks the same dependable characteristics. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Tangible Book Value Per Share (TBVPS) Banks are balance sheet-driven businesses because they generate earnings primarily through borrowing and lending. They're also valued based on their balance sheet strength and ability to compound book value (another name for shareholders' equity) over time. When analyzing banks, tangible book value per share (TBVPS) takes precedence over many other metrics. This measure isolates genuine per-share value by removing intangible assets of debatable liquidation worth. Traditional metrics like EPS are helpful but face distortion from M&A activity and loan loss accounting rules. Home Bancshares's TBVPS grew at an excellent 8.4% annual clip over the last five years. TBVPS growth has also accelerated recently, growing by 11.2% annually over the last two years from $10.87 to $13.44 per share. Over the next 12 months, Consensus estimates call for Home Bancshares's TBVPS to grow by 11.6% to $15, top-notch growth rate. Key Takeaways from Home Bancshares's Q2 Results We enjoyed seeing Home Bancshares beat analysts' revenue and net interest income expectations this quarter. We were also happy its efficiency ratio outperformed Wall Street's estimates. Overall, this print had some key positives. The stock remained flat at $28.60 immediately after reporting. Should you buy the stock or not? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-07-2025
- Business
- Yahoo
Home Bancshares (HOMB) Q2 Earnings: What To Expect
Regional banking company Home Bancshares (NYSE:HOMB) will be announcing earnings results this Wednesday after market close. Here's what you need to know. Home Bancshares beat analysts' revenue expectations by 2.7% last quarter, reporting revenues of $260.1 million, up 5.6% year on year. It was a satisfactory quarter for the company, with a narrow beat of analysts' net interest income estimates. Is Home Bancshares a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Home Bancshares's revenue to grow 2% year on year to $260.6 million, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.57 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Home Bancshares has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 1.9% on average. Looking at Home Bancshares's peers in the banks segment, only FB Financial has reported results so far. It missed analysts' revenue estimates by 43.5%, posting year-on-year sales declines of 40.1%. Read our full analysis of FB Financial's earnings results here. There has been positive sentiment among investors in the banks segment, with share prices up 11.6% on average over the last month. Home Bancshares is up 6.8% during the same time and is heading into earnings with an average analyst price target of $32.29 (compared to the current share price of $29.51). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
3 Bank Stocks in Hot Water
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. But concerns about loan losses and tightening regulations have tempered enthusiasm, and over the past six months, the banking industry has pulled back by 10.6%. This drawdown was especially disappointing since the S&P 500 held steady. A cautious approach is imperative when dabbling in banks as many are sensitive to interest rate changes and economic cycles. With that said, here are three bank stocks we're swiping left on. Market Cap: $5.70 billion Founded in Conway, Arkansas in 1998 and growing through strategic acquisitions across the Southeast, Home Bancshares (NYSE:HOMB) operates as the bank holding company for Centennial Bank, providing commercial and retail banking services to businesses and individuals across multiple states. Why Is HOMB Not Exciting? Sales stagnated over the last two years and signal the need for new growth strategies Estimated net interest income growth of 1.4% for the next 12 months implies demand will slow from its four-year trend Productivity and efficiency ratio profits are expected to increase next year as some fixed cost leverage kicks in Home Bancshares's stock price of $28.75 implies a valuation ratio of 1.4x forward P/B. Dive into our free research report to see why there are better opportunities than HOMB. Market Cap: $4.95 billion Operating through seventeen distinct bank divisions with local brands and management teams, Glacier Bancorp (NYSE:GBCI) is a bank holding company that provides various banking services to individuals and businesses across eight western states. Why Do We Think Twice About GBCI? Sales tumbled by 2.5% annually over the last two years, showing market trends are working against its favor during this cycle Annual net interest income growth of 4% over the last four years was below our standards for the bank sector Sales were less profitable over the last two years as its earnings per share fell by 16.5% annually, worse than its revenue declines Glacier Bancorp is trading at $43.81 per share, or 1.4x forward P/B. To fully understand why you should be careful with GBCI, check out our full research report (it's free). Market Cap: $2.66 billion With roots dating back to 1974 and a focus on serving small and medium-sized businesses, CVB Financial (NASDAQ:CVBF) operates Citizens Business Bank, providing banking, lending, and trust services to businesses and individuals across California. Why Are We Out on CVBF? Net interest income trends were unexciting over the last four years as its 1.6% annual growth was below the typical bank company Net interest margin shrank by 22 basis points (100 basis points = 1 percentage point) over the last two years, suggesting the yields on its loan book are decreasing or the market is becoming more competitive 2.7% annual tangible book value per share growth over the last five years was slower than its bank peers At $19.31 per share, CVB Financial trades at 1.2x forward P/B. If you're considering CVBF for your portfolio, see our FREE research report to learn more. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-02-2025
- Business
- Yahoo
Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) is largely controlled by institutional shareholders who own 71% of the company
Significantly high institutional ownership implies Home Bancshares (Conway AR)'s stock price is sensitive to their trading actions 50% of the business is held by the top 13 shareholders Insiders have bought recently Every investor in Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 71% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. Let's delve deeper into each type of owner of Home Bancshares (Conway AR), beginning with the chart below. View our latest analysis for Home Bancshares (Conway AR) Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in Home Bancshares (Conway AR). This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Home Bancshares (Conway AR)'s historic earnings and revenue below, but keep in mind there's always more to the story. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Home Bancshares (Conway AR) is not owned by hedge funds. The company's largest shareholder is BlackRock, Inc., with ownership of 12%. Meanwhile, the second and third largest shareholders, hold 10% and 4.8%, of the shares outstanding, respectively. Furthermore, CEO John Allison is the owner of 3.6% of the company's shares. A closer look at our ownership figures suggests that the top 13 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. We can report that insiders do own shares in Home Bancshares, Inc. (Conway, AR). The insiders have a meaningful stake worth US$426m. Most would see this as a real positive. Most would say this shows alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling. With a 22% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Home Bancshares (Conway AR). While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It's always worth thinking about the different groups who own shares in a company. But to understand Home Bancshares (Conway AR) better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
