Home Bancshares reports Q2 adjusted EPS 52c, consensus 51c

Reports Q2 revenue $257.2M, consensus $254.39M. Reports NIM 4.28%. Reports CET1 ratio 13.6%. “The first six months of 2023 have been a challenging time for the banking industry; however, I am proud of the fortitude shown by Home BancShares. Our performance metrics, in the second quarter, were impressive, and I am the most proud of the fact that we can more than cover our uninsured and uncollateralized deposits. We have worked hard to protect all deposits, our shareholders, our customers and our employees. It is our committed goal to keep Home BancShares, Centennial Bank and Happy State Bank in this position,” said John Allison, Chairman and CEO of HOMB.