AI brief of an SEC Form 8-K · Home BancShares (HOMB)

Home BancShares Q3 EPS $0.50 as hurricane reserve adds $16.7 million provision

Mixed Impact 3 of 5 earnings Written later

Home BancShares reported third quarter 2024 net income of $100.0 million, or $0.50 per diluted share, compared with $0.49 a year earlier. The results include a $16.7 million additional loan loss reserve for areas affected by Hurricane Helene, which the company said reduced diluted EPS by six cents, and the chairman said the company had been expecting $0.55 to $0.56 before the storm.

Key points

  • Q3 2024 net income $100.0 million vs $98.5 million in Q3 2023 and $101.5 million in Q2 2024
  • Total revenue (net) $258.0 million vs $245.4 million in Q3 2023
  • Hurricane Helene reserve of $16.7 million within an $18.2 million loan loss provision; total credit loss expense $18.9 million
  • Net available liquidity of $5.65 billion at September 30, 2024; conference call set for October 17, 2024 at 1:00 p.m. CT

The filing

CompanyHome BancShares (HOMB)
Form8-K, current report
Filed with the SECOct 16, 2024, 5:20 PM ET
Accession number0001331520-24-000172

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.