EXHIBIT 99.1

Home BancShares, Inc. Announces Record Profits for 2009

CONWAY, Ark., Jan. 21, 2010 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB), parent company of Centennial Bank, today announced record net income for the year ended December 31, 2009 of $26.8 million compared to $10.1 million for the year ended 2008. Net income was up 31.1% over the previous record net income set during the year ended 2007. The Company also reported record diluted earnings per common share of $1.12 for 2009 compared to $0.50 for the year ended 2008.

Net income for the quarter ended December 31, 2009 hit a quarterly record of $7.9 million. This record quarterly profit was an 8.3% improvement over the previously reported record during the first quarter of 2008. Diluted earnings per common share were $0.28 for the fourth quarter of 2009.

Because acquisitions are a growth and a capital management strategy, cash earnings (net income excluding amortization of intangibles after-tax) are useful in evaluating the Company. Cash diluted earnings per share for the year ended 2009 were $1.17, compared to $0.55 for the same period in 2008. Cash diluted earnings per share was $0.29 for the fourth quarter of 2009.

"We are proud of the record profit reported for 2009.  We've achieved significant improvements throughout the year that have positioned us where we stand today," said John Allison, Chairman. "We've been consistent in the improvement of our efficiency ratio and net interest income while maintaining strong reserves and resilient capital levels."

Operating Highlights

Net interest income for the fourth quarter of 2009 was a quarterly record for the Company, increasing 11.5% to $24.1 million compared to $21.6 million for the fourth quarter of 2008. Net interest margin, on a fully taxable equivalent basis, was 4.14% in the quarter just ended compared to 3.78% in the fourth quarter of 2008, an increase of 36 basis points. The Company's ability to improve pricing on our deposits and hold the decline of interest rates on loans to a minimum allowed the Company to improve net interest margin.

The Company reported $7.6 million of non-interest income for the fourth quarter of 2009, which is comparable to the non-interest income for the third quarter of 2009. The most significant components of the fourth quarter non-interest income were $3.8 million from service charges on deposits accounts, $1.5 million from other service charges and fees and $555,000 from mortgage lending income.

Non-interest expense for the fourth quarter of 2009 was $16.3 million compared with $20.1 million for the fourth quarter of 2008. This marks a $3.8 million or 18.7% improvement when compared to the fourth quarter of 2008. Our core efficiency ratio was a quarterly record improving 10 points to 49.30% for the fourth quarter of 2009 from the 59.33% reported in the fourth quarter of 2008. This historic improvement is associated with the on-going implementation of the efficiency study and the recently completed charter consolidation. 

Financial Condition

Total loans were $1.95 billion at December 31, 2009 compared to $1.96 billion at December 31, 2008. Total deposits were $1.84 billion at December 31, 2009 compared to $1.85 billion at December 31, 2008. Total assets were $2.68 billion at December 31, 2009 compared to $2.58 billion at December 31, 2008.

Non-performing loans were $39.9 million as of December 31, 3009, of which $30.2 million were located in Florida. Non-performing loans as a percent of total loans were 2.05% as of December 31, 2009 compared to 1.53% as of the same period in 2008. Non-performing assets were $56.8 million as of December 31, 2009, of which $40.8 million were located in Florida. Non-performing assets as a percent of total assets were 2.12% as of December 31, 2009 compared to the 1.42% reported for December 31, 2008. 

The Company's allowance for loan losses was $43.0 million at December 31, 2009, or 2.20% of total loans, compared to $40.4 million, or 2.06% of total loans, at December 31, 2008. As of December 31, 2009, the Company's allowance for loan losses equaled 108% of its total non-performing loans compared to 135% as of December 31, 2008.

Stockholders' equity was $465.0 million at December 31, 2009 compared to $283.0 million at December 31, 2008, an increase of $181.9 million. Book value per common share was $16.18 at December 31, 2009 compared to $14.25 at December 31, 2008.

 New Branches

During 2009, the Company opened an Arkansas branch location in Heber Springs. Presently, the Company is evaluating additional opportunities but has no firm commitments for any additional de novo branch locations.

Conference Call

Management will conduct a conference call to review this information at 1:00 p.m. CT (2:00 ET) on Thursday, January 21, 2010. Interested parties can listen to this call by calling 1-800-860-2442 and asking for the Home BancShares conference call. A replay of the call will be available by calling 1-877-344-7529, Passcode: 436382, which will be available until January 29, 2010 at 4:00 p.m. CT (5:00 ET). Internet access to the call will be available live or in recorded version on the Company's website at www.homebancshares.com under "Investor Relations" for 12 months.

General

This release contains forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future. 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 of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors, including, but not limited to, economic conditions, credit quality, interest rates, loan demand and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the forward-looking statements. Additional information on factors that might affect Home BancShares, Inc.'s financial results are included in its Form 10-K, filed with the Securities and Exchange Commission in March 2009.  

Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Our wholly-owned subsidiary Centennial Bank provides a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities. Centennial Bank has locations in central Arkansas, north central Arkansas, southern Arkansas, the Florida Keys and southwestern Florida. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol "HOMB."

 

Home BancShares, Inc.
Consolidated End of Period Balance Sheets
(Unaudited)
           
  Dec. 31, Sep. 30, Jun. 30, Mar. 31, Dec. 31,
(In thousands) 2009 2009 2009 2009 2008
           
ASSETS          
           
Cash and due from banks $39,970 $39,036 $41,531 $41,396 $46,765
Interest-bearing deposits with other banks 133,520 84,921 4,553 9,025 7,403
Cash and cash equivalents 173,490 123,957 46,084 50,421 54,168
Federal funds sold 11,760 660 31,805 15,510 7,865
Investment securities - available for sale 322,115 315,269 309,989 334,916 355,244
Loans receivable 1,950,285 1,971,039 1,972,704 1,966,572 1,956,232
Allowance for loan losses (42,968) (41,210) (41,804) (40,822) (40,385)
Loans receivable, net 1,907,317 1,929,829 1,930,900 1,925,750 1,915,847
Bank premises and equipment, net 70,810 70,991 71,914 72,815 73,610
Foreclosed assets held for sale 16,484 19,111 17,606 15,397 6,763
Cash value of life insurance 52,176 51,742 51,249 50,676 50,201
Investments in unconsolidated affiliates 1,424 1,424 1,424 1,424 1,424
Accrued interest receivable 13,137 12,815 12,840 12,850 13,115
Deferred tax asset, net 14,777 13,423 14,669 16,659 16,267
Goodwill 53,039 53,039 53,039 53,138 50,038
Core deposit and other intangibles 4,698 5,160 5,622 6,084 6,547
Mortgage servicing rights 1,090 1,308 1,526 1,744 1,891
Other assets 42,548 33,008 31,259 28,767 27,113
Total assets $2,684,865 $2,631,736 $2,579,926 $2,586,151 $2,580,093
           
LIABILITIES AND STOCKHOLDERS' EQUITY          
           
Liabilities          
Deposits:          
Demand and non-interest-bearing $302,228 $295,755 $294,339 $297,146 $249,349
Savings and interest-bearing transaction accounts 714,744 660,533 661,387 664,964 656,758
Time deposits 818,451 823,997 876,339 874,337 941,801
Total deposits 1,835,423 1,780,285 1,832,065 1,836,447 1,847,908
Federal funds purchased -- -- -- -- --
Securities sold under agreements to repurchase 62,000 63,264 65,232 74,478 113,389
FHLB borrowed funds 264,360 282,550 277,640 277,827 282,975
Accrued interest payable and other liabilities 10,625 11,594 14,105 11,034 5,202
Subordinated debentures 47,484 47,507 47,530 47,552 47,575
Total liabilities 2,219,892 2,185,200 2,236,572 2,247,338 2,297,049
           
Stockholders' equity          
Preferred stock 49,275 49,230 49,185 49,139 --
Common stock 257 249 199 199 199
Capital surplus 363,519 349,429 255,009 254,501 253,581
Retained earnings 51,746 46,074 40,704 37,126 32,639
Accumulated other comprehensive gain (loss) 176 1,554 (1,743) (2,152) (3,375)
Total stockholders' equity 464,973 446,536 343,354 338,813 283,044
Total liabilities and stockholders' equity $2,684,865 $2,631,736 $2,579,926 $2,586,151 $2,580,093
           
CAPITAL RATIOS          
Common equity to assets 15.5% 15.1% 11.4% 11.2% 11.0%
Tangible common equity to tangible assets 13.6% 13.2% 9.3% 9.1% 9.0%

 

Home BancShares, Inc.
Consolidated Statements of Income (Loss)
(Unaudited)
               
  Quarter Ended Year Ended
  Dec. 31, Sep. 30, Jun. 30, Mar. 31, Dec. 31, Dec. 31, Dec. 31,
(In thousands) 2009 2009 2009 2009 2008 2009 2008
               
Interest income              
Loans $29,625 $30,056 $29,389 $29,138 $30,527 $118,208 $127,812
Investment securities              
Taxable 1,646 1,768 2,252 2,653 2,870 8,319 12,610
Tax-exempt 1,491 1,463 1,343 1,298 1,267 5,595 4,850
Deposits - other banks 89 7 8 12 6 116 133
Federal funds sold 3 1 4 7 24 15 313
               
Total interest income 32,854 33,295 32,996 33,108 34,694 132,253 145,718
               
Interest expense              
Interest on deposits 5,704 6,489 7,131 8,118 9,700 27,442 45,593
Federal funds purchased -- 2 2 2 14 6 182
FHLB borrowed funds 2,338 2,379 2,359 2,390 2,382 9,466 9,255
Securities sold under              
agreements to repurchase 116 126 124 111 173 477 1,522
Subordinated debentures 594 623 659 676 800 2,552 3,114
               
Total interest expense 8,752 9,619 10,275 11,297 13,069 39,943 59,666
               
Net interest income 24,102 23,676 22,721 21,811 21,625 92,310 86,052
Provision for loan losses 3,850 3,550 2,750 1,000 20,064 11,150 27,016
Net interest income after              
provision for loan losses 20,252 20,126 19,971 20,811 1,561 81,160 59,036
               
Non-interest income              
Service charges on deposit accounts 3,759 3,785 3,633 3,374 3,650 14,551 13,656
Other service charges and fees 1,527 1,705 1,841 1,784 1,513 6,857 6,564
Mortgage lending income 555 488 815 880 629 2,738 2,771
Mortgage servicing income 164 171 191 200 199 726 853
Insurance commissions 253 173 198 257 155 881 775
Income from title services 134 150 151 140 145 575 643
Increase in cash value of life insurance 435 495 574 477 471 1,981 2,113
Dividends from FHLB, FRB & bankers' bank 120 114 99 107 126 440 828
Equity in earnings of unconsolidated affiliate -- -- -- -- -- -- 102
Gain on sale of equity investment -- -- -- -- -- -- 6,102
Gain on sale of SBA loans 51 -- -- -- -- 51 127
Gain (loss) on sale of premises & equip, net 4 (21) (19) 7 105 (29) 103
Gain (loss) on OREO, net 97 4 (28) (117) (2,422) (44) (2,880)
Gain (loss) on securities, net 4 -- (3) -- (3,860) 1 (5,927)
Other income 448 500 507 476 1,021 1,931 2,887
               
Total non-interest income 7,551 7,564 7,959 7,585 1,732 30,659 28,717
               
Non-interest expense              
Salaries and employee benefits 7,672 7,987 8,432 8,944 8,618 33,035 35,566
Occupancy and equipment 2,549 2,706 2,667 2,677 2,800 10,599 11,053
Data processing expense 834 790 813 777 942 3,214 3,376
Other operating expenses 5,260 5,556 8,355 6,864 7,699 26,035 25,722
               
Total non-interest expense 16,315 17,039 20,267 19,262 20,059 72,883 75,717
               
Income (loss) before income taxes 11,488 10,651 7,663 9,134 (16,766) 38,936 12,036
Income tax expense (benefit) 3,607 3,412 2,222 2,889 (7,386) 12,130 1,920
Net income (loss) 7,881 7,239 5,441 6,245 (9,380) 26,806 10,116
Preferred stock dividends & accretion of
discount on preferred stock
670 670 670 566 -- 2,576 --
Net income (loss) available to common
shareholders
$7,211 $6,569 $4,771 $5,679 $(9,380) $24,230 $10,116

 

Home BancShares, Inc.
Selected Financial Information
(Unaudited)
               
  Quarter Ended Year Ended
(Dollars and shares in thousands, Dec. 31, Sept. 30, Jun. 30, Mar. 31, Dec. 31, Dec. 31, Dec. 31,
except per share data) 2009 2009 2009 2009 2008 2009 2008
               
PER SHARE DATA              
               
Diluted earnings (loss) per common share $0.28 $0.32 $0.24 $0.28 $(0.46) $1.12 $0.50
Diluted cash earnings (loss) per common share 0.29 0.33 0.25 0.30 (0.45) 1.17 0.55
Basic earnings (loss) per common share 0.28 0.32 0.24 0.29 (0.47) 1.13 0.51
Dividends per share - common 0.060 0.060 0.060 0.060 0.065 0.240 0.222
Book value per common share 16.18 15.94 14.78 14.58 14.25 16.18 14.25
Tangible book value per common share 13.93 13.60 11.83 11.60 11.40 13.93 11.40
               
STOCK INFORMATION              
               
Average common shares outstanding 25,633 20,480 19,888 19,863 19,840 21,479 19,816
Average diluted shares outstanding 25,848 20,703 20,122 20,119 20,340 21,713 20,313
End of period common shares outstanding 25,690 24,931 19,903 19,865 19,860 25,690 19,860
               
ANNUALIZED PERFORMANCE RATIOS              
               
Return on average assets 1.17% 1.12% 0.84% 0.97% -1.43% 1.03% 0.39%
Cash return on average assets 1.24% 1.19% 0.91% 1.04% -1.41% 1.10% 0.44%
Return on average common equity 6.95% 8.46% 6.53% 8.02% -12.80% 7.45% 3.51%
Cash return on average tangible common equity 8.40% 10.89% 8.66% 10.50% -15.43% 9.49% 4.88%
Efficiency ratio 48.39% 51.38% 62.67% 62.12% 80.96% 55.98% 62.68%
Core efficiency ratio 49.30% 51.38% 56.11% 59.44% 59.33% 53.96% 59.39%
Net interest margin - FTE 4.14% 4.26% 4.08% 3.93% 3.78% 4.09% 3.82%
Fully taxable equivalent adjustment 1,106 1,023 923 865 848 3,917 3,084
               
RECONCILIATION OF CASH EARNINGS (LOSS)              
               
GAAP net income (loss) available to
common shareholders
$7,211 $6,569 $4,771 $5,679 $(9,380) $24,230 $10,116
Intangible amortization after-tax 281 282 281 281 281 1,125 1,124
Cash earnings (loss) $7,492 $6,851 $5,052 $5,960 $(9,099) $25,355 $11,240
               
GAAP diluted earnings (loss) per share $0.28 $0.32 $0.24 $0.28 $(0.46) $1.12 $0.50
Intangible amortization after-tax 0.01 0.01 0.01 0.02 0.01 0.05 0.05
Diluted cash earnings (loss) per share $0.29 $0.33 $0.25 $0.30 $(0.45) $1.17 $0.55
               
OTHER OPERATING EXPENSES              
               
Advertising $591 $567 $856 $600 $669 $2,614 $2,644
Merger expenses (129) 2 896 742 1,775 1,511 1,775
Amortization of intangibles 462 462 462 463 462 1,849 1,849
Amortization of mortgage servicing rights 218 218 218 147 147 801 589
Electronic banking expense 465 686 889 863 665 2,903 2,980
Directors' fees 226 239 237 284 275 986 991
Due from bank service charges 103 104 107 100 89 414 307
FDIC and state assessment 862 913 1,949 965 479 4,689 1,804
Insurance 274 278 271 297 241 1,120 947
Legal and accounting 38 74 368 435 406 915 1,384
Mortgage servicing expense 78 75 78 72 77 303 297
Other professional fees 300 278 250 259 165 1,087 1,626
Operating supplies 215 217 192 213 236 837 959
Postage 153 163 173 176 185 665 742
Telephone 145 164 181 178 199 668 901
Other expense 1,259 1,116 1,228 1,070 1,629 4,673 5,927
               
Total other operating expenses $5,260 $5,556 $8,355 $6,864 $7,699 $26,035 $25,722

 

Home BancShares, Inc.
Selected Financial Information
  (Unaudited)
             
    Dec. 31, Sep. 30, Jun. 30, Mar. 31, Dec. 31,
  (Dollars in thousands) 2009 2009 2009 2009 2008
             
  LOAN BALANCES          
             
  Real estate          
  Commercial real estate loans          
  Non-farm/non-residential $808,983 $812,195 $794,675 $814,353 $816,603
  Construction/land development 368,723 353,645 347,028 336,941 320,398
  Agricultural 33,699 36,675 38,379 16,943 23,603
  Residential real estate loans          
  Residential 1-4 family 382,504 394,626 407,642 395,688 391,255
  Multifamily residential 62,609 63,025 72,673 61,751 56,440
  Total real estate 1,656,518 1,660,166 1,660,397 1,625,676 1,608,299
  Consumer 39,084 40,288 41,814 43,354 46,615
  Commercial and industrial 219,847 220,511 224,043 250,172 255,153
  Agricultural 10,280 21,126 21,566 23,706 23,625
  Other 24,556 28,948 24,884 23,664 22,540
  Total loans receivable before          
  allowance for loan losses 1,950,285 1,971,039 1,972,704 1,966,572 1,956,232
  Allowance for loan losses 42,968 41,210 41,804 40,822 40,385
  Total loans receivable, net $1,907,317 $1,929,829 $1,930,900 $1,925,750 $1,915,847
             
  Loans to deposits 106.26% 110.71% 107.68% 107.09% 105.86%
             
  ALLOWANCE FOR LOAN LOSSES          
             
  Balance, beginning of period $41,210 $41,804 $40,822 $40,385 $36,372
  Loans charged off 2,639 4,491 2,324 1,015 16,141
  Recoveries of loans previously charged off 547 347 556 452 90
  Net loans charged off 2,092 4,144 1,768 563 16,051
  Provision for loan losses 3,850 3,550 2,750 1,000 20,064
  Balance, end of period $42,968 $41,210 $41,804 $40,822 $40,385
             
  Net charge-offs to average loans 0.42% 0.83% 0.36% 0.12% 3.23%
  Allowance for loan losses to total loans 2.20% 2.09% 2.12% 2.08% 2.06%
             
  NON-PERFORMING ASSETS          
             
  Non-performing loans          
  Non-accrual loans $37,056 $32,585 $29,977 $24,024 $28,524
  Loans past due 90 days or more 2,889 2,089 5,291 284 1,374
  Total non-performing loans 39,945 34,674 35,268 24,308 29,898
  Other non-performing assets          
  Foreclosed assets held for sale 16,484 19,111 17,606 15,397 6,763
  Other non-performing assets 371 128 2 2 16
  Total other non-performing assets 16,855 19,239 17,608 15,399 6,779
  Total non-performing assets $56,800 $53,913 $52,876 $39,707 $36,677
             
  Allowance for loan losses to non-performing loans 107.57% 118.85% 118.53% 167.94% 135.08%
  Non-performing loans to total loans 2.05% 1.76% 1.79% 1.24% 1.53%
  Non-performing assets to total assets 2.12% 2.05% 2.05% 1.54% 1.42%

 

 

Home BancShares, Inc.
Consolidated Net Interest Margin
(Unaudited)
             
  Three Months Ended
  December 31, 2009 September 30, 2009
  Average Income/ Yield/ Average Income/ Yield/
(Dollars in thousands) Balance Expense Rate Balance Expense Rate
             
ASSETS            
Earning assets            
Interest-bearing balances due from banks $129,925 $89 0.27% $5,860 $7 0.47%
Federal funds sold 6,772 3 0.18% 2,056 1 0.19%
Investment securities - taxable 178,558 1,646 3.66% 173,940 1,768 4.03%
Investment securities - non-taxable - FTE 138,133 2,408 6.92% 137,653 2,343 6.75%
Loans receivable - FTE 1,960,098 29,814 6.03% 1,979,967 30,199 6.05%
Total interest-earning assets 2,413,486 33,960 5.58% 2,299,476 34,318 5.92%
Non-earning assets 254,177     271,871    
Total assets $2,667,663     $2,571,347    
             
LIABILITIES AND SHAREHOLDERS' EQUITY            
Liabilities            
Interest-bearing liabilities            
Savings and interest-bearing transaction accounts $696,594 $1,064 0.61% $663,387 $1,138 0.68%
Time deposits 815,868 4,640 2.26% 843,286 5,351 2.52%
Total interest-bearing deposits 1,512,462 5,704 1.50% 1,506,673 6,489 1.71%
Federal funds purchased -- -- 0.00% 2,847 2 0.28%
Securities sold under agreement to repurchase 62,755 116 0.73% 63,989 126 0.78%
FHLB borrowed funds 273,654 2,338 3.39% 288,406 2,379 3.27%
Subordinated debentures 47,497 594 4.96% 47,520 623 5.20%
Total interest-bearing liabilities 1,896,368 8,752 1.83% 1,909,435 9,619 2.00%
Non-interest bearing liabilities            
Non-interest bearing deposits 297,494     290,435    
Other liabilities 12,688     14,371    
Total liabilities 2,206,550     2,214,241    
Shareholders' equity 461,113     357,106    
Total liabilities and shareholders' equity $2,667,663     $2,571,347    
Net interest spread     3.75%     3.92%
Net interest income and margin - FTE   $25,208 4.14%   $24,699 4.26%

 

 

Home BancShares, Inc.
Consolidated Net Interest Margin
(Unaudited)
             
  Year Ended
  December 31, 2009 December 31, 2008
  Average Income/ Yield/ Average Income/ Yield/
(Dollars in thousands) Balance Expense Rate Balance Expense Rate
             
ASSETS            
Earning assets            
Interest-bearing balances due from banks $48,701 $116 0.24% $5,691 $133 2.34%
Federal funds sold 8,510 15 0.18% 14,745 313 2.12%
Investment securities - taxable 196,363 8,319 4.24% 279,152 12,610 4.52%
Investment securities - non-taxable - FTE 130,033 8,961 6.89% 112,724 7,649 6.79%
Loans receivable - FTE 1,971,712 118,759 6.02% 1,922,861 128,097 6.66%
Total interest-earning assets 2,355,319 136,170 5.78% 2,335,173 148,802 6.37%
Non-earning assets 251,656     249,767    
Total assets $2,606,975     $2,584,940    
             
LIABILITIES AND SHAREHOLDERS' EQUITY            
Liabilities            
Interest-bearing liabilities            
Savings and interest-bearing transaction accounts $675,377 $4,663 0.69% $684,234 $10,736 1.57%
Time deposits 861,071 22,779 2.65% 937,270 34,857 3.72%
Total interest-bearing deposits 1,536,448 27,442 1.79% 1,621,504 45,593 2.81%
Federal funds purchased 2,924 6 0.21% 7,850 182 2.32%
Securities sold under agreement to repurchase 70,798 477 0.67% 111,398 1,522 1.37%
FHLB borrowed funds 280,162 9,466 3.38% 259,162 9,255 3.57%
Subordinated debentures 47,531 2,552 5.37% 47,622 3,114 6.54%
Total interest-bearing liabilities 1,937,863 39,943 2.06% 2,047,536 59,666 2.91%
Non-interest bearing liabilities            
Non-interest bearing deposits 284,647     236,009    
Other liabilities 12,036     13,568    
Total liabilities 2,234,546     2,297,113    
Shareholders' equity 372,429     287,827    
Total liabilities and shareholders' equity $2,606,975     $2,584,940    
Net interest spread     3.72%     3.46%
Net interest income and margin - FTE   $96,227 4.09%   $89,136 3.82%

 

CONTACT: Home BancShares, Inc.
         Brian S. Davis, Director of Financial Reporting
         (501) 328-4770

The following information was filed by Home Bancshares Inc (HOMB) on Thursday, January 21, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Home Bancshares Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Home Bancshares Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account