Home Bancshares, Inc. Conway, Ar Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 16, 2020 at 06:45 pm IST
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Home Bancshares, Inc. Conway, AR announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 139.783 million compared to USD 140.282 million a year ago. Net income was USD 73.262 million compared to USD 71.030 million a year ago.
For the full year, net interest income was USD 563.217 million compared to USD 561.013 million a year ago. Net income was USD 289.539 million compared to USD 300.403 million a year ago.
Home BancShares, Inc. is a bank holding company. The Company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank originates loans primarily secured by single and multi-family real estate, residential construction, and commercial buildings. In addition, the Bank makes loans to small and medium-sized commercial businesses as well as to consumers for a variety of purposes. The Bank offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit. The Bank offers a range of products and services, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers.