Home BancShares Inc

Home BancShares, Inc. has declared a regular quarterly cash dividend of 23 cents per share, a 9.5% increase over the previous quarter. The dividend is payable September 2, 2026 to shareholders of record August 12, 2026. This represents a 2-cent increase from the 21 cents paid in the second quarter of 2026 and a 15% rise from the 20 cents paid in the third quarter of 2025. Chairman John Allison said the increase reflects confidence in the company's long-term earnings power and a commitment to returning value to shareholders.

Shares of several regional banks jumped in afternoon trading after softer-than-expected inflation data cooled expectations for further Federal Reserve interest rate hikes. United Bankshares rose 2.8%, Fulton Financial gained 2.6%, Home Bancshares climbed 4.8%, First Busey advanced 3.4%, and Enterprise Financial Services added 3.2%. The moves followed a June CPI reading of 3.5% and lower-than-expected producer prices, which bolstered investor confidence that inflationary pressures may be easing. Strong second-quarter earnings from major financial institutions also offered a bullish read-through for smaller lenders by showing stabilized net interest income and contained credit-loss provisions. The State Street S&P Regional Banking ETF has been trading near its 2026 highs as the sector navigates a busy earnings season.

Home BancShares reported record total net revenue of $295.1 million and record adjusted net income of $128.1 million for the second quarter of 2026, driven by its completed acquisition of Mountain Commerce Bancorp. The company incurred $12.7 million in merger-related expenses during the quarter, yet still achieved a net interest margin of 4.51% and grew tangible book value per share to $15.32. Pre-tax, pre-provision net revenue as adjusted reached a company-record $171.2 million, while diluted earnings per share on an adjusted basis came in at $0.64. Total loans increased by $1.49 billion, including $1.47 billion acquired from Mountain Commerce, and total deposits rose to $19.11 billion. The company also repurchased 1.5 million shares during the quarter and paid a $0.21 per share dividend.