Home BancShares Delivers Record $295M in Q2 Revenue and Closes Mountain Commerce Acquisition
HOMB sits 16% above its 52-week low of $25.5.
Summary
Home BancShares reported record Q2 2026 revenue of $295.1 million and adjusted EPS of $0.64, driven by the completed Mountain Commerce acquisition and strong organic performance.
Key Events · Earnings and Guidance · HOMB
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Record Revenue and Earnings
Q2 2026 total revenue (net) reached a company-record $295.1 million, up 10.6% from Q1. Adjusted net income was a record $128.1 million, or $0.64 per diluted share, despite $12.7 million in merger-related expenses.
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Mountain Commerce Acquisition Closed
The acquisition of Mountain Commerce Bancorp was completed during the quarter, adding approximately $1.47 billion in loans (net of purchase accounting discounts) and meaningful deposit growth. The deal contributed to the revenue increase and is expected to be accretive to future earnings.
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Strong Balance Sheet Growth
Total loans increased to $17.13 billion from $15.63 billion at March 31, 2026, primarily due to the acquisition. Total deposits rose to $19.11 billion. Book value per share reached a record $22.68, and tangible book value per share hit a record $15.32.
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Stable Net Interest Margin
Net interest margin (FTE) held steady at 4.51%, supported by purchase accounting accretion of $3.6 million and event interest income of $1.7 million. The yield on loans was 7.00%.
Analysis · HOMB · Finance
Driven by the completed Mountain Commerce acquisition and organic loan growth, Home BancShares posted record quarterly revenue of $295.1 million. Adjusted earnings reached a company high of $128.1 million, even after absorbing $12.7 million in merger costs. The deal brought in $1.47 billion in loans and strengthened deposits, while the net interest margin held firm at 4.51%. Tangible book value per share climbed to a record $15.32. These results confirm the acquisition is immediately accretive and the core franchise is performing well, though credit quality warrants attention with non-performing assets at 0.93% of total assets.
At the time of this filing, HOMB was trading at $29.59 on NYSE in the Finance sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $25.50 to $30.83. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.