NYSE$HOMB

Home BancShares Inc/AR · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Home BancShares achieved record third quarter earnings driven by strong PPNR growth and efficient operations.

Home BancShares reported a record third quarter with net income increasing by 10.3% to $69.3 million and total revenue increasing by 1.4% to $176.1 million. The company's PPNR reached a record $104.4 million, contributing to a strong efficiency ratio of 39.56%.

  • Net income increased by 10.3% to $69.3 million.
  • Total revenue increased by 1.4% to $176.1 million.
  • Pre-tax, Pre-Provision Net Revenue (PPNR) reached a record $104.4 million.
  • Efficiency ratio improved to 39.56%.

Headline financials

Total Revenue

$176M

Previous: $168M+5.0%
EPS (adj)

$0.42

Previous: $0.44-4.5%
Efficiency Ratio

39.6%

Previous: 44.9%-12.0%
Net Interest Margin

3.9%

Previous: 4.1%-4.6%
Capital Expenditures

-$10.3M

Previous: -$9.06M-13.5%
Free Cash Flow

$59M

Previous: $63.7M-7.3%
Net Income

$69.3M

Previous: $72.8M-4.7%
Operating Income

$94M

Previous: $80.9M+16.1%
Gross Profit

$162M

Previous: $166M-2.6%
Cash & Equivalents

$1.04B

Previous: $442M+135.9%
Total Assets

$16.5B

Previous: $14.9B+11.1%
Stock-Based Comp

$1.47M

Previous: $2.65M-44.4%

Revenue & EPS history

Home BancShares · Revenue · Quarterly

$176M

Q3 2020+5%vs Q3 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The release does not contain specific forward guidance. However, it expresses confidence in the company's strong earnings power despite economic uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+0.2%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.5%

Avg return

30 days after

48%

32 / 66 earnings

Positive

+9.7%

Q1 2020

Best reaction

-6.9%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.4%-2.9%-7.3%
Q4 2025+1.0%-0.4%+2.6%
Q3 2025-3.4%-1.0%-0.6%
Q2 2025-2.1%-0.3%+3.6%
Q1 2025+1.8%+4.8%+12.9%
Q4 2024+3.4%+6.8%+5.3%
Q3 2024-0.7%-2.5%+13.5%
Q2 2024+0.1%+3.8%-0.8%
Q1 2024+7.0%+10.1%+10.2%
Q4 2023+6.6%+7.3%+2.5%
Q3 2023-2.8%-4.6%+5.4%
Q2 2023-5.8%-7.8%-9.6%
Q1 2023+0.0%-3.2%-1.7%
Q4 2022-0.4%-0.4%+9.1%
Q3 2022-4.7%-2.4%-0.6%
Q2 2022-0.9%+1.3%+11.4%
Q1 2022-4.5%-6.5%-11.6%
Q4 2021-3.8%+1.5%-6.0%
Q3 2021-0.8%-1.9%+1.6%
Q2 2021-4.9%-6.3%-5.9%
Q1 2021-0.0%-2.0%+4.0%
Q4 2020+4.1%+2.4%+10.5%
Q3 2020-1.1%-0.7%+15.3%
Q2 2020+2.2%+5.4%+11.0%
Q1 2020+9.7%+3.5%+4.8%
Q4 2019+6.6%+3.9%+3.0%
Q3 2019-1.0%+0.7%-2.0%
Q2 2019+2.0%+3.3%-4.1%
Q1 2019-2.0%+0.8%-4.2%
Q4 2018-3.0%-2.0%+6.7%
Q3 2018-6.9%-9.0%-5.1%
Q2 2018+0.1%-0.7%+2.5%
Q1 2018+3.1%+6.9%+7.0%
Q4 2017+0.3%+6.4%+2.1%
Q3 2017-5.4%-10.7%-14.0%
Q2 2017-2.0%+3.9%-6.0%
Q1 2017+0.0%+1.8%-5.3%
Q4 2016-0.4%+1.9%+6.5%
Q3 2016+1.5%+3.7%+27.2%
Q2 2016+1.8%+0.9%+6.9%
Q1 2016+0.8%
Q4 2015-3.7%
Q3 2015+4.2%
Q2 2015+1.6%
Q1 2015-3.7%
Q4 2014+1.1%
Q3 2014+4.0%
Q2 2014-2.4%
Q1 2014+3.4%
Q4 2013+1.5%
Q3 2013+5.0%
Q2 2013-1.3%
Q1 2013+3.7%
Q4 2012+1.2%
Q3 2012+4.9%
Q2 2012+0.7%
Q1 2011-0.7%
Q1 2012-1.0%
Q4 2009+0.2%
Q4 2011+0.2%
Q3 2011-2.3%
Q3 2010-2.3%
Q2 2011-0.5%
Q2 2010-0.5%
Q4 2010-0.5%
Q1 2010+7.0%

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