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Home BancShares: Q1 Earnings Snapshot

CONWAY, Ark. (AP) — CONWAY, Ark. (AP) — Home BancShares Inc. (HOMB) on Wednesday reported first-quarter net income of $118.2 million.

The bank, based in Conway, Arkansas, said it had earnings of 60 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 60 cents per share.

The bank holding company posted revenue of $353.8 million in the period. Its revenue net of interest expense was $266.7 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $272.1 million.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/HOMB

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