Home BancShares

HOMB · NYSE · Financials · Financials, fiscal 2016 to 2025

HOMB · Last close · October 26, 2026

$30.07

Home BancShares' revenue rose 7.2% to $1.1 billion in fiscal 2025. Net income was $475 million, up 18.2%. Its return on equity was 11.5%, up from 10.4% a year earlier. Its efficiency ratio was 42.0%, down from 43.9% a year earlier. It paid out $241 million in dividends and buybacks. The diluted share count fell 1.2%.

HOME BANCSHARES, INC. Latest fiscal year ended December 31, 2025 10-K filed February 27, 2026 · 0001331520-26-000051 Updated October 18, 2026

Revenue

$1.1B

7.2%

Net income

$475M

18.2%

Return on equity

11.5%

1.1 pts

Return on tangible equity

17.4%

1.2 pts

Efficiency ratio

42.0%

1.9 pts

Market cap

$6.1B

Oct 26 close

P/E

12.4x

On $2.43 EPS, 4 qtrs

Return on equity is net income as a share of shareholders' equity; return on tangible equity leaves out goodwill and other intangible assets. The efficiency ratio is operating costs as a share of revenue, so lower means the bank spends less to earn each dollar. Market cap is the last closing share price times the latest diluted share count, so it is approximate. P/E is the last close divided by diluted earnings per share over the last four quarters, or the latest fiscal year where the quarters aren't available; there is none when the company made a loss.

Charts show fiscal years, from the 10-K filings.

Revenue and returns

Revenue

US$ billions, fiscal years. Revenue is net of interest expense.

Return on equity

Percent. Net income over average equity; tangible equity excludes goodwill, intangibles and preferred stock.

Return on equityReturn on tangible common equity

Net income and earnings per share

From fiscal 2016 to 2025, earnings per share grew 7.5% a year and net income 11.6% a year, as new shares raised the share count by 41% and diluted each share's earnings.

Net income

US$ billions, fiscal years; loss years in red.

Diluted earnings per share

US$ per share, fiscal years, restated for any stock splits; loss years in red.

Efficiency and income mix

Efficiency ratio and net interest income

Percent of revenue. The efficiency ratio is noninterest expense over revenue.

Efficiency ratioNet interest income share

Payouts and share count

Dividends and buybacks

US$ billions, cash paid in each fiscal year

DividendsShare buybacks

Diluted share count

Weighted-average diluted shares, millions

Valuation

Value Home BancShares yourself from its earnings. A bank's cash flow is mostly the money it lends and takes in, so the cash flow model on other company pages doesn't suit it.

Price-to-earnings (P/E) method

Another common way to value a company is to multiply its earnings per share by a price-to-earnings (P/E) multiple: the number of years of today's earnings an investor pays for a share. A higher multiple usually means investors expect earnings to grow. Choose a multiple, for example from similar companies, to see the value it gives.

Value per share on three example scenarios, from Home BancShares' earnings per share of $2.43 (over the last four quarters). Each grows earnings for a year at the cash flow scenarios' rates and applies a multiple to next year's earnings: 12.6×, the middle of Home BancShares' own P/E today, its peers' median and its sector's median (its peers' median) for the base scenario, 20% less and more for the cautious and optimistic ones. The price is brought back a year at 11%, 10% and 9%. Select one to load it into the calculator. These are the model's arithmetic on those assumptions, not a forecast or a price target.

Earnings per share, US$

Diluted earnings per share over the four quarters to June 30, 2026, from the 10-Qs and 10-K.

P/E multiple

P/E today is the last close divided by the latest earnings per share, the four quarters' where available. Peers: United Bankshares, Prosperity Bancshares, Texas Capital Bancshares, Intl Bancshares.

Earnings growth in the years ahead (% a year) Starts at Home BancShares' revenue growth over the last 3 years, 5.3% a year, as the base scenario does.

Earnings per share in the years ahead, US$

Year 1Year 2Year 3Year 4Year 5

Type your own estimate for any year; the years after it carry on at the growth rate.

Apply the multiple to earnings

A multiple on a future year's earnings gives the price then, brought back to today at the discount rate below.

Discount rate (% a year) The yearly return an investor wants for the risk, as in the cash flow model.

Value per share today at this multiple

—

Last close, October 26, 2026: $30.07
Value at this multiple, against the last close: —
Home BancShares' P/E at the last close: 12.4×

Company	Last close	Earnings per share	P/E today
United BanksharesUBSI	$48.92	$3.67	13.3×
Texas Capital BancsharesTCBI	$101.61	$7.79	13.0×
Home BancSharesHOMB	$30.07	$2.43	12.4×
Prosperity BancsharesPB	$69.74	$5.77	12.1×
Intl BancsharesIBOC	$66.78	$6.63	10.1×

How the P/E method works. Value per share is earnings per share times the multiple. On a future year's earnings, that gives the price in that year, which is brought back to today at the discount rate: price ÷ (1 + discount rate) for each year ahead. It is quick and easy to compare across companies, but it ignores debt and cash, and earnings can swing with one-off gains and charges, so a multiple says most about steady, profitable businesses. Like the cash flow model, the result depends entirely on the assumptions you choose. It is not a forecast, a price target or a recommendation.

Balance sheet

Fiscal year end	FY21	FY22	FY23	FY24	FY25
Loans, net	9,599	14,120	14,136	14,489	15,389
Deposits	14,261	17,939	16,788	17,146	17,480
Loans to deposits	67.3%	78.7%	84.2%	84.5%	88.0%
Provision for credit losses	−5	64	12	48	21
Provision to average loans	—	0.5%	0.1%	0.3%	0.1%
Total assets	18,052	22,884	22,657	22,491	22,882
Shareholders' equity	2,766	3,526	3,791	3,961	4,297

US$ millions unless stated, at each fiscal year end.

Insider trades

Over the 12 months between October 27, 2025 and October 26, 2026, 1 insider bought $2.7 million of Home BancShares shares on the open market, and 6 insiders sold $2.2 million.

Date	Insider	Trade	Shares	Price	Value	Filing
Aug 11, 2026	Jim RankinDirector	Sold	15,000	$30.86	$462,900	Form 4
Aug 4, 2026	John Stephen TiptonCentennial Bank CEO	Sold	12,000	$31.59	$379,080	Form 4
Jun 1, 2026	John W Allison IIDirector	Sold	2,000	$26.38	$52,760	Form 4
Apr 21, 2026	Jennifer C. FloydChief Accounting Officer	Sold	3,000	$27.12	$81,360	Form 4
Apr 17, 2026	John W AllisonChairman & CEO, Director	Bought	100,000	$26.96	$2.7 million	Form 4
Feb 23, 2026	John W Allison IIDirector	Sold	5,000	$28.19	$140,950	Form 4
Feb 11, 2026	James G HinkleDirector	Sold	30,000	$30.27	$908,100	Form 4
Jan 28, 2026	Donna TownsellDirector of Investor Relations, Director	Sold	5,563	$28.38	$157,878	Form 4

Open-market purchases and sales by officers, directors and 10% owners, from their Form 4 filings with the SEC: one row per person, day and filing, at the day's average price. Grants, option exercises and shares withheld for tax aren't counted. Insiders buy and sell for many reasons, such as taxes, spreading their savings or a plan set up months earlier, so a trade on its own says little about where a company is heading. For information only, not investment advice. Insider trades at all companies

Compare

Put Home BancShares side by side with any other company we cover: revenue, growth, margins, cash flow and returns, with ten years of charts.

Similar companies

Company	Year	Revenue growth	Net margin	Return on equity	Return on tangible equity	Efficiency ratio	Compare
Home BancShares	FY25	7.2%	43.6%	11.5%	17.4%	42.0%
United Bankshares	FY25	19.6%	37.5%	8.9%	14.1%	48.5%	Compare
Prosperity Bancshares	FY25	4.8%	43.4%	7.2%	13.5%	44.5%	Compare
Texas Capital Bancshares	FY25	34.7%	26.3%	9.4%	9.8%	61.2%	Compare
Intl Bancshares	FY25	1.0%	49.0%	13.6%	15.0%	36.4%	Compare

Each company's latest fiscal year. Fiscal years end in different months, so the periods don't line up exactly.

10 years of figures

Fiscal year	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income statement
Revenue	493	556	664	663	694	710	934	997	1,017	1,091
Revenue growth	17.1%	12.7%	19.5%	−0.2%	4.8%	2.3%	31.4%	6.8%	2.0%	7.2%
Net interest income	406	456	561	563	583	573	759	827	849	892
Noninterest income	87	100	103	100	112	138	175	170	169	198
Noninterest expense	192	240	264	276	287	298	476	473	447	458
Provision for credit losses	19	44	4	1	129	−5	64	12	48	21
Net income	177	135	300	290	214	319	305	393	402	475
Diluted EPS (US$)	1.26	0.89	1.73	1.73	1.30	1.94	1.57	1.94	2.01	2.41
Diluted shares (millions)	141	152	174	168	165	165	195	203	200	198
Payouts
Dividends paid	48	60	80	86	88	92	128	146	150	159
Share buybacks	10	21	104	85	26	44	71	49	86	82
Balance sheet at fiscal year end
Loans, net	—	—	10,963	10,768	—	9,599	14,120	14,136	14,489	15,389
Deposits	6,942	10,388	10,900	11,278	12,726	14,261	17,939	16,788	17,146	17,480
Total assets	9,808	14,450	15,302	15,032	16,399	18,052	22,884	22,657	22,491	22,882
Shareholders' equity	1,328	2,204	2,350	2,512	2,606	2,766	3,526	3,791	3,961	4,297
Ratios
Return on equity	14.0%	7.7%	13.2%	11.9%	8.4%	11.9%	9.7%	10.7%	10.4%	11.5%
Return on tangible common equity	20.0%	12.1%	22.5%	19.7%	13.5%	18.6%	15.6%	17.4%	16.2%	17.4%
Return on assets	1.9%	1.1%	2.0%	1.9%	1.4%	1.9%	1.5%	1.7%	1.8%	2.1%
Efficiency ratio	38.9%	43.2%	39.8%	41.6%	41.4%	42.0%	50.9%	47.4%	43.9%	42.0%

US$ millions unless stated. Where a later 10-K restated a year, the latest filed figure is shown. Download all figures (CSV, US$ millions)

Source: Home BancShares' Form 10-K filings, from SEC EDGAR. For information only, not investment advice. The Filing Desk is not affiliated with Home BancShares.