Home BancShares(US:HOMB) Globenewswireยท2025-10-15 21:15Core Insights - Home BancShares, Inc. reported record net income of $123.6 million for Q3 2025, reflecting strong operational performance and effective management of expenses [3][6][17] - The company achieved a net income, as adjusted (non-GAAP), of $119.7 million, also a record high, indicating consistent profitability improvement [3][6][17] - The efficiency ratio for Q3 2025 was 40.21%, demonstrating effective cost management and operational efficiency [23] Financial Performance - Total revenue (net) for Q3 2025 was $277.7 million, up from $271.0 million in Q2 2025 [3] - Pre-tax, pre-provision, net income (PPNR) reached $162.8 million, reflecting strong earnings power [3][10] - Return on average assets (ROA) improved to 2.17% in Q3 2025, up from 2.08% in Q2 2025, showcasing efficient asset utilization [3][9] - Return on equity (ROE) was 11.91% for Q3 2025, an increase from 11.77% in Q2 2025 [3] Operational Highlights - Net interest margin (NIM) increased to 4.56% in Q3 2025 from 4.44% in Q2 2025, indicating improved profitability from interest-earning assets [3][19] - Non-interest income for Q3 2025 was $51.5 million, with significant contributions from various service charges and fees [22] - Non-performing loans to total loans decreased to 0.56% in Q3 2025 from 0.63% in Q2 2025, reflecting improved credit quality [27] Financial Condition - Total loans receivable reached a record $15.29 billion at September 30, 2025, up from $15.18 billion at June 30, 2025 [25] - Total deposits were $17.33 billion at September 30, 2025, down from $17.49 billion at June 30, 2025 [25] - Shareholders' equity increased to $4.21 billion at September 30, 2025, primarily due to an increase in retained earnings [32] Stock Repurchases and Dividends - The company repurchased 350,000 shares during Q3 2025, resulting in a shareholder buyback yield of 0.18% [34] - A cash dividend of $0.20 per share was paid during the quarter, consistent with the previous quarter [35]