Home BancShares Inc. (HOMB) Financial Statements (2024 and earlier)

Company Profile

Business Address 719 HARKRIDER
CONWAY, AR 72032
State of Incorp. AR
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,000,213724,7903,650,3151,263,788490,601657,939
Cash and cash equivalents1,000,213724,7903,650,3151,263,788490,601657,939
Total current assets:1,000,213724,7903,650,3151,263,788490,601657,939
Noncurrent Assets
Operating lease, right-of-use asset42,20042,90039,60040,20044,300
Property, plant and equipment393,300405,073275,760278,614280,103233,261
Intangible assets, net (including goodwill)1,447,0231,456,708998,0701,003,753994,9801,001,304
Goodwill1,398,2531,398,253973,025973,025958,408958,408
Intangible assets, net (excluding goodwill)48,77058,45525,04530,72836,57242,896
Deferred income tax assets197,164209,32178,29070,249 
Total noncurrent assets:2,079,6872,114,0021,391,7201,392,8161,319,3831,234,565
Other undisclosed assets19,576,75820,044,79613,010,10313,742,20013,222,06313,409,934
TOTAL ASSETS:22,656,65822,883,58818,052,13816,398,80415,032,04715,302,438
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt843,385181,146140,886168,931218,727928,779
Total current liabilities:843,385181,146140,886168,931218,727928,779
Noncurrent Liabilities
Other undisclosed liabilities18,022,19819,176,08015,145,53113,624,11512,301,78912,023,773
Total liabilities:18,865,58319,357,22615,286,41713,793,04612,520,51612,952,552
Equity
Equity, attributable to parent3,791,0753,526,3622,765,7212,605,7582,511,5312,349,886
Common stock2,0152,0341,6371,6511,6641,707
Additional paid in capital2,348,0232,386,6991,487,3731,520,6171,537,0911,609,810
Accumulated other comprehensive income (loss)(249,075)(305,458)10,46244,12016,221(13,815)
Retained earnings1,690,1121,443,0871,266,2491,039,370956,555752,184
Total equity:3,791,0753,526,3622,765,7212,605,7582,511,5312,349,886
TOTAL LIABILITIES AND EQUITY:22,656,65822,883,58818,052,13816,398,80415,032,04715,302,438

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1,018,588768,867592,472641,528673,550643,145
Net investment income1,016,502766,675590,310639,680671,274641,035
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(12,133)(63,585) (112,264)(1,325)(4,322)
Gross profit:1,006,455705,282592,472529,264672,225638,823
Operating expenses(214,390)(187,133)(125,981)(140,098)(121,613)(120,578)
Other operating income, net
(Noninterest Income, Other Operating Income)
38,50348,28120,70412,3768,56911,889
Operating income:830,568566,430487,195401,542559,181530,134
Nonoperating income4,9874,3004,0523,3323,5095,257
Gains on sales of other real estate3325002,0031,1327572,401
Bank owned life insurance income4,6553,8002,0492,2002,7522,856
Interest and debt expense(348,108)(119,090)(52,200)(93,407)(154,771)(124,355)
Income from continuing operations before equity method investments, income taxes:487,447451,640439,047311,467407,919411,036
Other undisclosed income (loss) from continuing operations before income taxes24,436(57,065)(22,272)(33,764)(22,298)(15,516)
Income from continuing operations before income taxes:511,883394,575416,775277,703385,621395,520
Income tax expense(118,954)(89,313)(97,754)(63,255)(96,082)(95,117)
Income from continuing operations:392,929305,262319,021214,448289,539300,403
Income before gain (loss) on sale of properties:319,021214,448289,539300,403
Net income available to common stockholders, diluted:392,929305,262319,021214,448289,539300,403

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:392,929305,262319,021214,448289,539300,403
Other comprehensive income (loss)56,383(315,920)(33,658)27,89930,495(9,404)
Comprehensive income (loss), net of tax, attributable to parent:449,312(10,658)285,363242,347320,034290,999

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: