Key Developments: Home BancShares Inc (HOMB.O)
42.82USD
9:35am EDT
$0.20 (+0.47%)
$42.62
$42.56
$42.83
$42.56
712
74,873
$42.94
$27.56
Latest Key Developments (Source: Significant Developments)
Home BancShares Inc Announces 50% Increase In Second Quarter Cash Dividend
Home BancShares Inc announced that its Board of Directors has declared a regular $0.15 per share quarterly cash dividend payable June 5, 2013, to shareholders of record May 15, 2013. This cash dividend represents a $0.05 per share, or 50%, increase over the $0.10 cash dividend paid during the second quarter of 2012 and is a 15% increase over the $0.13 per share cash dividend paid during the first quarter. Full Article
Home BancShares Inc Announces 30% Increase In First Quarter Cash Dividend
Home BancShares Inc announced that Board of Directors declared a regular $0.13 per share quarterly cash dividend payable March 6, 2013, to shareholders of record February 13, 2013. This cash dividend represents a $0.03 per share, or 30%, increase over the $0.10 cash dividend paid during the first quarter of 2012 and is equal to both the regular and the special cash dividend paid during the fourth quarter of 2012. Full Article
Home BancShares Inc's Centennial Bank Completes Acquisition Of Premier Bank Branch Locations
Centennial Bank, a wholly owned subsidiary of Home BancShares, Inc., announced the completion of acquisition of all of the banking locations of Premier Bank, a Florida state-chartered bank and wholly owned subsidiary of Premier Bank Holding Company (PBHC), pursuant to a previously announced purchase and assumption agreement, dated August 14, 2012, between Home BancShares, Centennial, PBHC and Premier. Upon the closing of the acquisition on December 1, 2012, Home BancShares purchased all of the issued and outstanding shares of common stock free and clear of all liens, claims and encumbrances and assumed no liabilities of PBHC. Full Article
Home BancShares Inc Announces Another $0.13 Cash Dividend
Home BancShares Inc announced that Board of Directors declared a cash dividend of $0.13 per share payable December 31, 2012, to shareholders of record December 17, 2012. This dividend is in addition to the previously declared regular quarterly cash dividend set to be paid December 5, 2012 and is a result of the likelihood of increased tax rates on dividends in 2013. Full Article
Home BancShares Inc Announces 62.5% Increase In Fourth Quarter Cash Dividend
Home BancShares Inc announced that the Board of Directors declared a regular $0.13 per share quarterly cash dividend payable December 5, 2012, to shareholders of record November 14, 2012. This cash dividend represents a $0.05 per share, or 62.5%, increase over the $0.08 cash dividend paid during the fourth quarter of 2011 and is an 8% increase over the cash dividend paid during the third quarter of 2012. Full Article
Home BancShares Inc's Centennial Bank Announces Agreement With Premier Bank Holding Company
Centennial Bank Centennial Bank, wholly-owned subsidiary of Home BancShares Inc announced that it entered into an Asset Purchase Agreement with Premier Bank Holding Company (PBHC), a Florida corporation and bank holding company. This transaction is pursuant to the terms of and subject to the conditions set forth in the agreement and dependent on regulatory and legal process. Centennial Bank has agreed to purchase all of the issued and outstanding shares of common stock of PBHC's wholly-owned subsidiary, Premier Bank, a Florida state-chartered bank that operates in the Tallahassee, Florida area. The closing of the acquisition is expected to occur in fourth quarter of 2012 and is subject to a court approved final sale order relating to the acquired assets; in addition to approval of appropriate regulatory authorities. Full Article
Home BancShares, Inc. Announces 50% Increase In Third Quarter Cash Dividend
Home BancShares, Inc. announced that the Board of Directors declared a regular $0.12 per share quarterly cash dividend payable September 5, 2012, to shareholders of record August 15, 2012. This cash dividend represents a $0.04 per share, or 50%, increase over the $0.08 cash dividend paid during the third quarter of 2011 and is a 20% increase over the cash dividend paid during the first and second quarters of 2012. Full Article
Home BancShares, Inc. Announces Second Quarter Cash Dividend
Home BancShares, Inc. announced that the Board of Directors declared a regular $0.10 per share quarterly cash dividend payable June 6, 2012, to shareholders of record May 16, 2012. Full Article
Park National Corp. Completes Vision Bank Sale With Home BancShares, Inc.'s Centennial Bank
Park National Corp. announced the completion of the purchase and assumption transaction between Park, Home BancShares, Inc. (Home) and their respective subsidiary banks. On November 16, 2011, Park announced an agreement with Home to sell substantially all performing loans, operating assets and deposit liabilities from Park's Florida-based subsidiary Vision Bank (Vision) to Home's subsidiary Centennial Bank (Centennial). Home is headquartered in Conway, Arkansas and its subsidiaries operate bank offices throughout regions in Arkansas and Florida. Effective February 16, 2012, Centennial purchased certain assets and liabilities of Vision for a purchase price of $27.9 million. Centennial purchased performing loans with an unpaid principal balance of approximately $354 million, assumed ownership or operation of all 17 Vision Bank office locations, and assumed deposit liabilities of approximately $520 million. Certain other miscellaneous assets and liabilities were also purchased by Centennial. The remaining assets and liabilities were retained by Vision, which Park will merge with and into a non-bank subsidiary of Park, SE Property Holdings, LLC. Park was advised in this transaction by Sandler O'Neill & Partners, L.P. Full Article
Home BancShares, Inc. Announces 85% Increase In First Quarter Cash Dividend
Home BancShares, Inc. announced that it has declared a regular $0.10 per share quarterly cash dividend payable March 7, 2012, to shareholders of record February 15, 2012. This cash dividend represents a $0.046 per share, or 85%, increase over the $0.054 cash dividend paid during the first quarter of 2011 and a $0.02 per share, or 25% increase over the $0.08 cash dividend during the fourth quarter of 2011. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
