Reports Q4 revenue $258.4M, consensus $256.67M. Reports Q4 CET1 capital ratio 15.1%. Reports Q4 tangible book value per common share $12.68. “The fourth quarter was a strong finish to 2024, pushing us across the finish line to our first $400 million year in earnings. I’m always proud of the strength of our company, but I’m especially proud of a quarter where margin is up, legacy loans are up, deposits are up, revenue is up, earnings are up, and we managed to swallow an asset quality cleanup that began with legacy loans from Happy Bank and led to a company-wide cleanup. Our strong balance sheet, capital and loan loss reserve allowed us to make a proactive cleanup that puts this in the rear-view mirror for HOMB and sets us up for an even greater year in 2025,” said John Allison, chairman and CEO of Home BancShares (HOMB).
Education
About Us
Working with TipRanks
Follow Us
