Home BancShares, Inc. (NASDAQ:HOMB) provider of commercial and retail banking services, is reporting third quarter earnings results on Thursday 15th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.39 per share.
For the full year, analysts predict revenues of $ 681.65 million, while looking forward to income of $ 1.18 per share.
Previous Quarter Performance
Home BancShares, Inc. unwinded income for the second quarter of $ 0.47 per share, from the revenue of $ 173.69 million. The quarterly earnings escalated 9.30 percent while revenues increased 4.25 percent compared with the same quarter last year.
According to street consensus, HOMB was expected to report 2Q20 income of $ 0.26 per share from revenue of $ 166.92 million. The bottom line results beat street analysts by $ 0.21 or 80.77 percent, at the same time, top line results outshined analysts by $ 6.77 million or 4.06 percent.
Stock Performance
Shares of Home BancShares, Inc. traded low $ -0.17 or -1.02 percent on Wednesday, reaching $ 16.49 with volume of 530.60 thousand shares. Home BancShares, Inc. has traded high as $ 16.95 and has cracked $ 16.47 on the downward trend
According to the previous trading day, closing price of $ 16.49, representing a 71.58 % increase from the 52 week low of $ 9.71 and a 20.82 % decrease over the 52 week high of $ 21.04.
The company has a market capital of $ 2.72 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.13 per share on July 22, 2020. The dividend were payable on September 2, 2020 to holders of record as of the close of business on August 12, 2020 and ex-dividend date on August 11, 2020.
Conference Call
Home BancShares, Inc. will be hosting a conference call at 2:00 PM eastern time on 15th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.homebancshares.com
Home Bancshares, Inc. (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, NOW, demand, and money market accounts, as well as certificates of deposit.
