Home BancShares, Inc. reported a net income of $119.3 million for the second quarter of 2026, reflecting a slight increase of 0.8% from $118.4 million in the same period of 2025. Earnings per diluted share were $0.59, down from $0.60 year-over-year. The company’s total interest income rose by $17.7 million, or 5.6%, to $336.8 million, while total interest expense decreased by $4.0 million, or 4.0%, to $95.2 million. This resulted in a net interest income of $241.6 million, an increase of 9.8% compared to the previous year. The increase in interest income was primarily driven by a $22.0 million rise in loan interest income, despite a decrease in interest income from deposits at other banks.
In terms of financial position, total assets increased by $1.83 billion to $24.71 billion as of June 30, 2026, compared to $22.88 billion at the end of 2025. This growth was largely attributed to the acquisition of Mountain Commerce Bancorp, Inc. (MCBI), which added approximately $1.77 billion in total assets. The loan portfolio also saw significant growth, rising to $17.13 billion from $15.69 billion, with the acquisition contributing $1.47 billion to this increase. Total deposits reached $19.11 billion, up from $17.48 billion, again primarily due to the MCBI acquisition.
Operationally, Home BancShares completed the acquisition of MCBI on April 1, 2026, which included merging Mountain Commerce Bank into its subsidiary, Centennial Bank. This strategic move is expected to enhance the company's market presence and operational synergies. The acquisition involved issuing approximately 5.4 million shares of common stock valued at $146 million. The company also reported an increase in non-performing loans, which rose to $185.3 million, or 1.08% of total loans, compared to $85.0 million, or 0.54%, at the end of 2025.
Looking ahead, Home BancShares anticipates continued growth driven by the integration of MCBI and the expansion of its loan portfolio. The company remains focused on managing its credit risk and maintaining a strong capital position, with a common equity Tier 1 capital ratio of 16.34% as of June 30, 2026, well above the regulatory minimum. The management is optimistic about leveraging the new markets and customer base acquired through MCBI to enhance profitability and shareholder value in the coming quarters.
About HOME BANCSHARES INC
Home BancShares, Inc. is a bank holding company based in Conway, Arkansas, operating Centennial Bank with branches across Arkansas, Florida, Texas, Alabama, and New York City. It provides retail and commercial banking services, including loans secured by real estate, consumer, and business financing, along with trust, investment, and insurance services. The company focuses on community banking, strategic acquisitions, and organic growth to serve individuals, small to medium-sized businesses, and municipalities.
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