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CONWAY, Ark., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.
Quarterly Highlights
MetricQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Net income$129.5 million$119.3 million$118.2 million$118.2 million$123.6 millionNet income, as adjusted (non-GAAP)(1)$129.1 million$128.1 million$118.2 million$117.9 million$119.7 millionTotal revenue (net)$288.4 million$295.1 million$266.7 million$282.1 million$277.7 millionIncome before income taxes$166.9 million$154.4 million$152.2 million$153.3 million$159.3 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1)$166.9 million$159.6 million$152.7 million$167.7 million$162.8 millionPPNR, as adjusted (non-GAAP)(1)$166.6 million$171.2 million$152.7 million$167.1 million$157.7 millionPre-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%ROA2.12%1.95%2.09%2.06%2.17%ROA, as adjusted (non-GAAP)(1)2.11%2.09%2.09%2.05%2.10%NIM4.53%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 millionROE11.24%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$0.63Diluted earnings per share, as adjusted (non-GAAP)(1)$0.65$0.64$0.60$0.60$0.61Non-performing assets to total assets1.02%0.93%0.97%0.55%0.56%Common equity tier 1 capital16.7%16.3%16.7%16.3%16.1%Leverage14.3%13.9%14.3%14.1%13.8%Tier 1 capital16.7%16.3%16.7%16.3%16.1%Total risk-based capital19.4%19.0%19.5%19.1%18.9%Allowance for credit losses to total loans1.93%1.92%1.90%1.90%1.87%Book value per share$22.74$22.68$22.15$21.88$21.41Tangible book value per share (non-GAAP)(1)$15.35$15.32$14.87$14.60$14.13Dividends per share$0.23$0.21$0.21$0.21$0.20Shareholder 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 TrendsNet 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 TotalCharge-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 TotalCharge-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 TotalNon-accrual loans $126,160 $18,322 $14,844 $9,789 $22,581 $4,049 $44 $195,789Loans 90+ days past due 2,129 1,079 — — 1,810 — — 5,018Total 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 — 43,366Other non-performing assets — — — 1,140 — — — 1,140Total other non-performing assets 16,379 2,478 22,812 1,140 315 1,382 — 44,506Total 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 TotalNon-accrual loans $123,170 $19,529 $— $11,886 $24,235 $4,335 $44 $183,199Loans 90+ days past due 690 238 — — 282 916 — 2,126Total 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 — 42,139Other non-performing assets — — — 1,140 — — — 1,140Total other non-performing assets 15,647 2,028 22,812 1,140 260 1,392 — 43,279Total 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.
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, 2025ASSETS 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 Liabilities 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, 2025Interest 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, 2025PER 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 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. 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, 2025Efficiency 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 are 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/ RateASSETS 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/ RateASSETS 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, 2025NET 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) 0.00 0.05 0.00 0.00 (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, 2025ANNUALIZED 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 BOLI death benefits 528 274 — — 187 802 1,430 Legal fee reimbursement — — — — — — 885 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, 2025SHAREHOLDER 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 Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/aed3b4e1-eee4-42d9-a936-5b1fd6bc1877
https://www.globenewswire.com/NewsRoom/AttachmentNg/a601b72e-ffe3-4c9a-89f1-ab58936f9de3
https://www.globenewswire.com/NewsRoom/AttachmentNg/c979db15-15fb-4775-8ffe-1848eea53c1c
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https://www.globenewswire.com/NewsRoom/AttachmentNg/5b95afcc-60ea-4ebe-9c66-76cd1728bdd1
https://www.globenewswire.com/NewsRoom/AttachmentNg/25ad1a86-2c3a-4c91-b246-87b8958914cb
https://www.globenewswire.com/NewsRoom/AttachmentNg/07e47764-5817-4f73-9faf-b7f3dbbebb7b
https://www.globenewswire.com/NewsRoom/AttachmentNg/d92d7071-ba21-492e-b61e-f11a78c9f6db
https://www.globenewswire.com/NewsRoom/AttachmentNg/d9664e5e-a1e4-4165-882d-db8c7f455873
https://www.globenewswire.com/NewsRoom/AttachmentNg/3adc083e-0405-4aac-92b1-603f001aa16d
https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b8d372-8119-4f1f-b1b4-8658fe4ab3a4
