The GAAP EPS miss and elevated charge-offs may pressure the stock near-term, but the record adjusted PPNR, stable NIM, and tangible book value growth provide a floor. Watch for integration progress on Mountain Commerce and whether charge-off normalization continues in Q3.
Price Chart
Executive Summary
Home BancShares reported Q2 2026 GAAP diluted EPS of $0.59, missing the $0.61 consensus by 3.3%, while total revenue of $295.1M beat the $289.2M estimate by 2.0%. The miss was driven by $12.7M in merger-related expenses from the Mountain Commerce acquisition, which also boosted revenue and loan balances. Adjusted EPS of $0.64 and record adjusted PPNR of $171.2M highlight underlying strength, but the GAAP miss and elevated charge-offs temper the outlook.
Key Financial Metrics
Key Facts
- GAAP diluted EPS $0.59 vs consensus $0.61 (miss of 3.3%)
- Total revenue $295.1M vs consensus $289.2M (beat of 2.0%)
- Adjusted diluted EPS $0.64 (non-GAAP), up from $0.60 in Q1 2026
- Record adjusted PPNR of $171.2M, up 12.1% from Q1 2026
- Net income $119.3M vs $118.4M in Q2 2025 (+0.8%)
- Net interest margin stable at 4.51%
- Completed Mountain Commerce acquisition, adding $1.47B in loans and $12.7M in merger expenses
- Net charge-offs rose to $5.8M from $1.4M in Q1 2026 (annualized 0.14% vs 0.04%)
- Book value per share increased to $22.68 from $22.15; tangible book value to $15.32 from $14.87
- Repurchased 1.5M shares for $40.8M during the quarter; dividend maintained at $0.21/share
Financial Impact
GAAP EPS miss of $0.02 vs consensus; revenue beat of $5.9M; $12.7M in merger expenses reduced GAAP net income by ~$9.6M after-tax
Risk Factors
- GAAP EPS miss vs consensus could trigger short-term selling
- Net charge-offs increased 4x QoQ to $5.8M, though still low at 0.14% annualized
- Merger integration costs may persist for another quarter
- Non-performing assets rose to 0.93% of total assets from 0.55% in Q4 2025, partly due to acquired loans
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3328159 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | Press Release | $30.15 | awaiting T+60 | — | $30.07 (−0.27%) |
Oct 21, 2026 6d ago | Institutional Cluster | $30.15 | awaiting T+60 | — | $30.07 (−0.27%) |
Oct 14, 2026 13d ago | 8-K | $28.87 | awaiting T+60 | — | $30.07 (+4.16%) |
Oct 14, 2026 13d ago | Press Release | $28.87 | awaiting T+60 | — | $30.07 (+4.16%) |
Aug 12, 2026 10w ago | Insider Cluster | $31.12 | awaiting T+60 | — | $30.07 (−3.37%) |
Jul 22, 2026 13w ago | Press Release | $30.73 $28.87 | ▼ −6.05% | ▼ −10.61% | $30.07 (−2.15%) |
Jul 15, 2026 14w ago | Press Release | $30.69 $28.25 | ▼ −7.95% | ▼ −11.66% | $30.07 (−2.02%) |
Jun 15, 2026 19w ago | Press Release | $28.00 $29.77 | ▲ +6.32% | ▲ +5.32% | $30.07 (+7.39%) |
Apr 17, 2026 27w ago | Insider Cluster | $26.89 $29.00 | ▲ +7.85% | ▲ +1.70% | $30.07 (+11.83%) |
Apr 17, 2026 27w ago | Insider Cluster | $26.89 $29.00 | ▲ +7.85% | ▲ +1.70% | $30.07 (+11.83%) |
US Market Status
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