Home Bancshares (Conway AR)
Market Cap
US$3.2b
Last Updated
2019/12/11 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Home Bancshares, Inc. (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities.
Rewards
Risk Analysis
No risks detected for HOMB from our risk checks.
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Home Bancshares (Conway AR)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HOMB has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.7%
HOMB
2.7%
US Banks
1.1%
US Market
1 Year Return
8.2%
HOMB
22.7%
US Banks
17.8%
US Market
Return vs Industry: HOMB underperformed the US Banks industry which returned 22.7% over the past year.
Return vs Market: HOMB underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| HOMB | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 2.7% | 1.1% |
| 30 Day | 1.7% | 0.9% | 1.4% |
| 90 Day | -0.8% | 10.0% | 3.9% |
| 1 Year | 11.2%8.2% | 26.3%22.7% | 20.3%17.8% |
| 3 Year | -26.2%-30.8% | 31.8%22.6% | 44.8%35.4% |
| 5 Year | 31.5%19.5% | 80.2%60.2% | 71.3%52.4% |
Price Volatility Vs. Market
How volatile is Home Bancshares (Conway AR)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
If You Like EPS Growth Then Check Out Home Bancshares (Conway AR) (NASDAQ:HOMB) Before It's Too Late2 weeks ago | Simply Wall St
Have Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) Insiders Been Selling Their Stock?2 weeks ago | Simply Wall St
Investors Who Bought Home Bancshares (Conway AR) (NASDAQ:HOMB) Shares Three Years Ago Are Now Down 31%Valuation
Is Home Bancshares (Conway AR) undervalued compared to its fair value and its price relative to the market?
39.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HOMB ($19.06) is trading below our estimate of fair value ($31.47)
Significantly Below Fair Value: HOMB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HOMB is good value based on its PE Ratio (11.2x) compared to the Banks industry average (12.7x).
PE vs Market: HOMB is good value based on its PE Ratio (11.2x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: HOMB is poor value based on its PEG Ratio (43.8x)
Price to Book Ratio
PB vs Industry: HOMB is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Home Bancshares (Conway AR) forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
0.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HOMB's forecast earnings growth (0.3% per year) is below the savings rate (1.7%).
Earnings vs Market: HOMB's earnings (0.3% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: HOMB's earnings are forecast to grow, but not significantly.
Revenue vs Market: HOMB's revenue (2.1% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: HOMB's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HOMB's Return on Equity is forecast to be low in 3 years time (10.9%).
Next Steps
Past Performance
How has Home Bancshares (Conway AR) performed over the past 5 years?
20.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HOMB has high quality earnings.
Growing Profit Margin: HOMB's current net profit margins (43.7%) are higher than last year (38.6%).
Past Earnings Growth Analysis
Earnings Trend: HOMB's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: HOMB's earnings growth over the past year (13.7%) is below its 5-year average (20.6% per year).
Earnings vs Industry: HOMB earnings growth over the past year (13.7%) underperformed the Banks industry 27.1%.
Return on Equity
High ROE: HOMB's Return on Equity (11.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Home Bancshares (Conway AR)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: HOMB has a low level of unsold assets or inventory.
Debt Coverage by Assets: HOMB's debt is not covered by short term assets (assets are 0.5x debt).
Financial Institutions Analysis
Asset Level: HOMB's level of assets compared to its equity is low.
Allowance for Bad Loans: HOMB has a sufficient allowance for bad loans.
Low Risk Liabilities: HOMB's liabilities are made up of primarily low risk sources of funding.
Loan Level: HOMB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HOMB's loans are broadly funded by customer deposits.
Level of Bad Loans: HOMB has an appropriate level of bad loans (0.55%)
Next Steps
Dividend
What is Home Bancshares (Conway AR)'s current dividend yield, its reliability and sustainability?
2.73%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HOMB's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: HOMB's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: HOMB's dividends per share have been stable in the past 10 years.
Growing Dividend: HOMB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.5%), HOMB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HOMB's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
Next Steps
Management
What is the CEO of Home Bancshares (Conway AR)'s salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Johnny Allison (72yo)
0.08yrs
Tenure
US$4,668,569
Compensation
Mr. John W. Allison also known as Johnny, is the co-founder and has been Chairman of Home BancShares, Inc. since 1998 and its President and Chief Executive Officer since November 7, 2019. He served as Chie ...
CEO Compensation Analysis
Compensation vs Market: Johnny's total compensation ($USD4.67M) is about average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Johnny's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.3yrs
Average Tenure
50.5yo
Average Age
Experienced Management: HOMB's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
4.7yrs
Average Tenure
69yo
Average Age
Experienced Board: HOMB's board of directors are considered experienced (4.7 years average tenure).
Insider Trading
Insider Buying: HOMB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 1,000 |
| Max Price | US$18.85 |
| Entity | Company |
| Shares | 37,500 |
| Max Price | US$18.81 |
| Entity | Company |
| Shares | 14,000 |
| Max Price | US$18.41 |
| Entity | Company |
| Shares | 44,500 |
| Max Price | US$18.53 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman |
| Shares | 4,000 |
| Max Price | US$18.62 |
| Entity | Company |
| Shares | 30,000 |
| Max Price | US$18.49 |
| Entity | Company |
| Shares | 20,000 |
| Max Price | US$19.17 |
| Entity | Company |
| Shares | 24,000 |
| Max Price | US$18.85 |
| Entity | Company |
| Shares | 31,000 |
| Max Price | US$19.02 |
| Entity | Individual |
| Role | Senior Key Executive Executive Officer |
| Shares | 7,500 |
| Max Price | US$18.94 |
| Entity | Individual |
| Role | Chief Operating Officer Chief Operating Officer |
| Shares | 8,500 |
| Max Price | US$18.51 |
| Entity | Individual |
| Role | Senior Key Executive Executive Officer |
| Shares | 7,500 |
| Max Price | US$18.29 |
| Entity | Individual |
| Shares | 527 |
| Max Price | US$19.86 |
| Entity | Individual |
| Shares | 30,219 |
| Max Price | US$19.60 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | US$19.32 |
| Entity | Individual |
| Role | Senior Key Executive Executive Officer |
| Shares | 3,333 |
| Max Price | US$18.20 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Johnny Allison (72yo)
Co-Founder
- Tenure: 0.08yrs
- Compensation: US$4.67m
Tracy French (57yo)
Executive Officer & Director
- Tenure: 4.9yrs
- Compensation: US$3.34m
Jennifer Holbrook
Controller
- Tenure: 0yrs
Brian Davis (53yo)
CFO, Treasurer & Director
- Tenure: 4.4yrs
- Compensation: US$837.16k
Holly McKenna
Corporate Secretary
- Tenure: 0yrs
Kevin Hester (55yo)
Executive VP & Chief Lending Officer
- Tenure: 0yrs
- Compensation: US$1.60m
Davy Carter (43yo)
Executive Officer
- Tenure: 1.9yrs
Donna Townsell (48yo)
Senior EVP
- Tenure: 0.8yrs
- Compensation: US$1.10m
Jennifer Floyd (44yo)
Chief Accounting Officer
- Tenure: 4.4yrs
John Tipton (37yo)
Chief Operating Officer
- Tenure: 4.3yrs
Board Members
Alex Lieblong (69yo)
Independent Director
- Tenure: 16.9yrs
- Compensation: US$57.47k
Johnny Allison (72yo)
Co-Founder
- Tenure: 0.08yrs
- Compensation: US$4.67m
Bud Stalnaker
Chairman
- Tenure: 0yrs
Jack Engelkes (69yo)
Vice Chairman
- Tenure: 0.08yrs
- Compensation: US$187.55k
Jim Hinkle (70yo)
Independent Director
- Tenure: 14.9yrs
- Compensation: US$69.52k
Tracy French (57yo)
Executive Officer & Director
- Tenure: 4.9yrs
- Compensation: US$3.34m
Brian Davis (53yo)
CFO, Treasurer & Director
- Tenure: 4.4yrs
- Compensation: US$837.16k
Kevin Hester (55yo)
Executive VP & Chief Lending Officer
- Tenure: 0yrs
- Compensation: US$1.60m
Donna Townsell (48yo)
Senior EVP
- Tenure: 0.8yrs
- Compensation: US$1.10m
Mike Beebe (72yo)
Independent Director
- Tenure: 3.7yrs
- Compensation: US$70.53k
Company Information
Home Bancshares, Inc. (Conway, AR)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Home Bancshares, Inc. (Conway, AR)
- Ticker: HOMB
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$3.180b
- Shares outstanding: 166.84m
- Website: https://www.homebancshares.com
Number of Employees
Location
- Home Bancshares, Inc. (Conway, AR)
- 719 Harkrider Street
- Suite 100
- Conway
- Arkansas
- 72032
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HOMB | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jun 2006 |
Biography
Home Bancshares, Inc. (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 00:03 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.