UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended March 31, 2021 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition period from to Commission File Number: 000-51904 HOME BANCSHARES, INC. (Exact Name of Registrant as Specified in Its Charter) | Arkansas | | 71-0682831 | | --- | --- | --- ...

Financial Data and Key Metrics Changes - The first quarter of 2021 saw record net income of $91.6 million, marking the most powerful quarter in the company's history [11] - Total revenue reached $207.9 million, with net revenue at $193.4 million, both the highest ever recorded [13][14] - Earnings per share (EPS) for the quarter was $0.55, also a record [14] - The net interest margin (NIM) increased by 2 basis points to 4.02% [16] - Pre-tax pre-provision net revenue (PPNR) hit a new record high of $120.5 million, representing a PPNR of 62.32% [15] Business Line Data and Key Metrics Changes - Mortgage production increased significantly to $8.2 million from $2.6 million year-over-year, with an efficiency ratio of 36.6% [17] - Total loan originations for the quarter were $671.7 million, with March being the highest month at approximately $320 million [20] - The company experienced $800 million in payoffs during Q1, consistent with previous quarters [21] Market Data and Key Metrics Changes - The company reported a stable asset quality with non-performing loans at 0.66% of total loans, and the allowance for loan losses at 2.4% [42] - Total deposits increased by $787 million to over $13.5 billion, marking a 17% year-over-year increase [77] - Non-interest bearing account balances increased by nearly $600 million on a linked-quarter basis [78] Company Strategy and Development Direction - The company is focused on maintaining a disciplined approach to capital management and is actively pursuing M&A opportunities [27][120] - Investments in underpriced dividend-paying bank stocks have yielded positive results, with income from these investments reaching $13.8 million in 2021 [26] - The management expressed optimism about the economic recovery and potential loan growth in the second half of the year [28][64] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about inflation and its potential impact on the economy, citing significant increases in costs for various goods [28][30] - The company remains cautious about entering long-term fixed-rate securities due to perceived risks [32] - Management noted that while loan totals have decreased, non-performing percentages have also declined, indicating a solid loan portfolio [86] Other Important Information - Home BancShares was named to Forbes' list of World's Best Banks, reflecting its strong performance metrics and customer service [5] - The company repurchased 330,000 shares at an average price of $26.55 during the first quarter [27] Q&A Session Summary Question: Credit quality and provision expense outlook - Management indicated no expectation for a provision expense in the near term due to high reserve levels and improving credit quality [90][92][94] Question: Expense control and run rate considerations - Management explained that sequential expense decreases were primarily due to the number of days in the quarter and a reversal of incentive accruals [96][97] Question: Share repurchase activity - Management confirmed active share repurchase plans, with an increase in authorization by 20 million shares [98] Question: Pipeline and loan growth expectations - Management noted a stronger pipeline compared to the previous quarter, with optimism for loan growth in the second half of the year [100][101] Question: Inflation concerns from borrowers - Management acknowledged that borrowers are also expressing concerns about inflation, with rising costs impacting their operations [105][107] Question: Loan growth in Florida - Management confirmed that Florida, being a significant market, is expected to play a large role in returning loan growth due to ongoing economic activity [114][115] Question: M&A activity update - Management provided an update on ongoing M&A discussions, indicating a few promising opportunities but also expressing disappointment with unrealistic pricing from some sellers [120][121]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☑ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition period from to Commission File Number: 000-51904 HOME BANCSHARES, INC. (Exact Name of Registrant as Specified in Its Charter) | Arkansas 71-0682831 | | | | --- | --- | --- | | (State or other jurisdiction of (I.R.S. Employer | | | | incorporation or organization) Identification No.) | | | | 719 Harkrider, Suite 10 ...

Home BancShares, Inc. (NYSE:HOMB) Q4 2020 Earnings Conference Call January 21, 2020 2:00 PM ET Company Participants Donna Townsell - Senior EVP, Director, IR, Executive Officer & Director Tracy French - Executive Officer & Director Brian Davis - CFO, Treasurer, Executive Officer & Director Kevin Hester - Chief Lending Officer & Executive Officer Christopher Poulton - President, Centennial Commercial Finance Group John Marshall - President, Shore Premier Finance John Tipton - COO & Executive Officer John All ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2020 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition period from to Commission File Number: 000-51904 HOME BANCSHARES, INC. (Exact Name of Registrant as Specified in Its Charter) | Arkansas | 71-0682831 | | --- | --- | | ...

Home BancShares, Inc. (NYSE:HOMB) Q3 2020 Results Conference Call October 15, 2020 2:00 PM ET Company Participants Donna Townsell - Director, IR Tracy French - Chairman, President and CEO, Centennial Bank Brian Davis - CFO Kevin Hester - Chief Lending Officer Chris Poulton - President, CCFG John Marshall - President, Shore Premier Finance Stephen Tipton - COO John Allison - Chairman, President and CEO Conference Call Participants Brady Gailey - KBW Matt Olney - Stephens Stephen Scouten - Piper Sandler Micha ...

| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|----------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | HOMB | | | | | | | | HomeBancShares | | | | | | | | Office Fireside Chat 15 September 2020 | | | | | | | | | | | | ସ � p fit 1 FORWARD LOOKING STATEMENT This presentation may contain forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future. ...

[Part I: Financial Information](index=4&type=section&id=Part%20I%3A%20Financial%20Information) [Financial Statements](index=4&type=section&id=Item%201%3A%20Financial%20Statements) H1 2020 financial statements show **$16.90 billion** in assets, with net income sharply down to **$63.3 million** due to credit loss provisions Consolidated Balance Sheet Highlights (Unaudited) | (In thousands) | June 30, 2020 | December 31, 2019 | | :--- | :--- | :--- | | **Total Assets** | **$16,895,406** | **$15,032,047** | | Cash and cash equivalents | $1,215,656 | $490,601 | | Loans receivable, net | $11,717,403 | $10,767,588 | | Allowance for credit losses | ($238,340) | ($102,122) | | **Total Liabilities** | **$14,403,260** | **$12,520,516** | | Total deposits | $13,177,936 | $11,278,383 | | **Total Stockholders' Equity** | **$2,492,146** | **$2,511,531** | Consolidated Income Statement Highlights (Unaudited) | (In thousands) | Three Months Ended June 30, 2020 | Three Months Ended June 30, 2019 | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $148,667 | $140,987 | $288,392 | $280,457 | | Total Credit Loss Expense | $11,441 | $1,325 | $98,264 | $1,325 | | **Net Income** | **$62,827** | **$72,164** | **$63,334** | **$143,514** | | **Diluted EPS** | **$0.38** | **$0.43** | **$0.38** | **$0.85** | - The company adopted the new credit loss standard, ASC 326 (CECL), on January 1, 2020, resulting in a one-time cumulative-effect adjustment increasing the allowance for credit losses by **$44.0 million**, which reduced retained earnings by **$32.5 million**, net of tax[38](index=38&type=chunk)[39](index=39&type=chunk) - On February 29, 2020, the company completed the acquisition of LH-Finance for approximately **$421.2 million** in cash, adding **$407.4 million** in total loans and resulting in **$14.6 million** of goodwill[48](index=48&type=chunk)[49](index=49&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=47&type=section&id=Item%202%3A%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes H1 2020 net income decline to COVID-19 and CECL, citing increased credit loss provisions and PPP loan origination - The COVID-19 pandemic led to a significant increase in the provision for credit losses, with **$83.1 million** related to COVID-19, **$842 thousand** on investment securities, and **$17.0 million** for unfunded commitments for the six months ended June 30, 2020[201](index=201&type=chunk) - As of June 30, 2020, loan deferrals totaled **$3.18 billion**, with approximately **70%** of **$2.04 billion** in maturing deferrals returning to full payments by July 24, 2020[192](index=192&type=chunk) - The company originated **8,687** Paycheck Protection Program (PPP) loans totaling **$848.6 million** as of June 30, 2020, with an average loan size of **$98 thousand**[193](index=193&type=chunk) Key Performance Ratios | Ratio | Q2 2020 | Q2 2019 | H1 2020 | H1 2019 | | :--- | :--- | :--- | :--- | :--- | | Annualized net interest margin – FTE | 4.11% | 4.28% | 4.17% | 4.29% | | Efficiency ratio | 44.93% | 39.93% | 45.85% | 40.47% | | Annualized return on average assets | 1.55% | 1.92% | 0.81% | 1.92% | | Annualized return on average common equity | 10.27% | 12.18% | 5.16% | 12.26% | [Quantitative and Qualitative Disclosures About Market Risk](index=87&type=section&id=Item%203%3A%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk is interest rate volatility, with an asset-sensitive position and improved liquidity to **16.2%** Net Interest Income Sensitivity Analysis (as of June 30, 2020) | Interest Rate Scenario | Percentage Change from Base | | :--- | :--- | | Up 200 basis points | 10.01% | | Up 100 basis points | 5.22% | | Down 100 basis points | (3.05)% | | Down 200 basis points | (6.50)% | - The company's one-year cumulative repricing gap was **17.2%** of total earning assets as of June 30, 2020, indicating an asset-sensitive position amplified by **$848.6 million** in short-term PPP loans and significant deposit inflows[423](index=423&type=chunk) - The liquidity ratio improved to **16.2%** at June 30, 2020, from **13.7%** at December 31, 2019, reflecting increased liquidity in response to the COVID-19 pandemic[404](index=404&type=chunk)[405](index=405&type=chunk) [Controls and Procedures](index=90&type=section&id=Item%204%3A%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal controls over financial reporting during the quarter - Management concluded that disclosure controls and procedures were effective as of June 30, 2020[429](index=429&type=chunk) - No material changes to internal control over financial reporting were identified during the second quarter of 2020[430](index=430&type=chunk) [Part II: Other Information](index=91&type=section&id=Part%20II%3A%20Other%20Information) [Legal Proceedings](index=91&type=section&id=Item%201%3A%20Legal%20Proceedings) The company reports no material pending legal proceedings beyond ordinary routine litigation incidental to its business - There are no material pending legal proceedings, other than ordinary routine litigation incidental to the business[432](index=432&type=chunk) [Risk Factors](index=91&type=section&id=Item%201A%3A%20Risk%20Factors) A new material risk factor was added concerning the COVID-19 pandemic, detailing potential for increased credit losses and asset impairment - A new material risk factor was added concerning the COVID-19 pandemic, which has negatively impacted the U.S. and global economy[433](index=433&type=chunk)[434](index=434&type=chunk) - The pandemic could continue to cause increased credit losses, volatility in collateral valuations, and potential impairment of goodwill and other financial assets[434](index=434&type=chunk) - The company faces increased risk from governmental and regulatory scrutiny related to its participation in programs like the CARES Act Paycheck Protection Program[435](index=435&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=92&type=section&id=Item%202%3A%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company did not repurchase any common stock during the three months ended June 30, 2020, under its existing program - The company did not purchase any of its common stock during the three months ended June 30, 2020[438](index=438&type=chunk) [Exhibits](index=93&type=section&id=Item%206%3A%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including articles of incorporation, bylaws, and officer certifications

HOMB HOME HOME BANCSHARES Retail Fireside Chat 30 July 2020 Q � p 8 1 FORWARD LOOKING STATEMENT This presentation may contain forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future. Statements in this presentation that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this presentation. By nat ...

Home BancShares, Inc. (NYSE:HOMB) Q2 2020 Results Conference Call July 16, 2020 2:00 PM ET Company Participants Donna Townsell - Director, IR Tracy French - Chairman, President and CEO, Centennial Bank Brian Davis - CFO Kevin Hester - Chief Lending Officer Chris Poulton - President, CCFG John Marshall - President, Shore Premier Finance Stephen Tipton - COO John Allison - Chairman, President and CEO Conference Call Participants Matt Olney - Stephens Brady Gailey - KBW Jon Arfstorm - RBC Capital Markets Steph ...