Home BancShares Completes $146M Acquisition of Mountain Commerce Bancorp, Issuing 5.4M Shares

summarizeSummary

Home BancShares, Inc. announced the completion of its acquisition of Mountain Commerce Bancorp, Inc. for approximately $146 million in an all-stock deal, issuing 5.4 million shares.

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• Acquisition Completed

  Home BancShares, Inc. completed its previously announced acquisition of Mountain Commerce Bancorp, Inc. (MCBI) and its subsidiary, Mountain Commerce Bank, effective April 1, 2026.

• All-Stock Consideration

  The merger involved the issuance of approximately 5.4 million shares of Home BancShares common stock, valued at approximately $146 million, with MCBI shareholders receiving 0.85 shares of HOMB for each MCBI share.

• Strategic Expansion

  The acquisition adds approximately $1.77 billion in total assets, $1.49 billion in loans, and $1.54 billion in deposits (as of December 31, 2025), expanding Home BancShares' branch network, particularly in Tennessee.

auto_awesomeAnalysis

Home BancShares, Inc. has officially completed its acquisition of Mountain Commerce Bancorp, Inc., a significant strategic move that expands its operational footprint. This all-stock transaction, valued at approximately $146 million, involved the issuance of 5.4 million new shares, which will result in dilution for existing shareholders. The acquisition adds approximately $1.77 billion in assets, strengthening the company's presence in the Southeast, particularly in Tennessee. While the completion was anticipated following regulatory approvals announced last week, this filing confirms the definitive close of the merger and its financial terms.