Home BancShares, Inc. (NYSE: HOMB) reported a record net income of $118.4 million in Q2 2025. Diluted EPS reached $0.60, also a record. Total revenue was $271.0 million, with a pre-tax net income to total revenue of 56.08%. Stock repurchases totaled 1.0 million shares, and a dividend of $0.20 per share was paid.

Net interest margin remained at 4.44% for Q2 2025, while average loans increased to $15.06 billion. Event interest income was $516,000, with purchase accounting accretion of $1.2 million. Net interest income was $222.5 million. Non-interest income reached $51.1 million, with non-interest expense at $116.0 million and an efficiency ratio of 41.68%.

Total loans receivable stood at $15.18 billion at June 30, 2025, compared to $14.95 billion at March 31, 2025. Quarterly non-GAAP adjusted net income was $114.6 million, with diluted earnings per share of $0.58. The efficiency ratio, as adjusted, was 42.01%.CEO John Allison expressed satisfaction with the results, highlighting record performance and consistent strength from the company’s bankers. Home BancShares, Inc. reported record total loans receivable of $15.18 billion and total deposits of $17.49 billion at June 30, 2025. The company’s total assets were $22.91 billion at the end of the second quarter, with a $228.5 million increase in loans during the period.

Non-performing loans to total loans stood at 0.63% as of June 30, 2025. Non-performing assets to total assets were 0.60%. Net loans charged-off were $1.1 million in the three months ended June 30, 2025. Non-performing loans were $96.3 million, and non-performing assets were $137.8 million at June 30, 2025.

Stockholders’ equity increased to $4.09 billion at June 30, 2025, with book value per common share reaching $20.71. The company has 75 branches in Arkansas, 78 in Florida, 58 in Texas, 5 in Alabama, and one in New York City. Management will conduct a conference call on July 17, 2025, to review the financial results. The Company uses non-GAAP financial measures to provide additional information on performance. Forward-looking statements in this press release outline future financial expectations. Balance sheets show an increase in assets to $22,907,022, while income statements reveal a positive trend in earnings over the past six months. Contact Director of Investor Relations for more information. In the quarter ended June 30, 2025, Home BancShares reported interest income of $319,115, with interest expense totaling $99,163, resulting in a net interest income of $219,952. The provision for credit losses on loans was $3,000, leading to a net interest income after credit loss expense of $216,952. Non-interest income for the quarter was $51,079, while non-interest expenses amounted to $116,040.

For the same quarter, Home BancShares reported a net income of $118,403, resulting in diluted earnings per common share of $0.60. Key ratios included a return on average assets of 2.08% and a return on average common equity of 11.77%. The efficiency ratio for the quarter was 41.68% and the net interest margin was 4.44%.

When adjusted for certain items, the company’s earnings came in at $114,633, with diluted earnings per common share adjusted to $0.58. The return on average assets, as adjusted, was 2.02%. The efficiency ratio, as adjusted, was 42.01%. Additionally, the tangible book value per common share was $13.44.

Overall, Home BancShares showed strong financial performance in the quarter, with robust interest income, net interest margin, and earnings. The company’s focus on managing credit losses and optimizing operational efficiency contributed to its solid performance. Home BancShares, Inc. reported strong return on average common equity, with figures ranging from 10.13% to 11.77%. The efficiency ratio ranged from 41.42% to 43.69%, showing consistent performance. The tangible book value per common share increased from $12.08 to $13.44. Tangible common equity to tangible assets was stable at around 11.23% to 12.35%.

During the quarter, Home BancShares, Inc. had a shareholder buyback yield of 0.49% to 0.67%. They repurchased shares at an average price of $23.26 to $29.67 per share. The total share repurchase cost ranged from $2.454 million to $32.847 million. The market capitalization at the beginning of the period was between $4.785 billion to $5.628 billion.

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