Home BancShares: Q4 Earnings Snapshot

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CONWAY, Ark. (AP) — CONWAY, Ark. (AP) — Home BancShares Inc. (HOMB) on Wednesday reported fourth-quarter net income of $100.6 million.

The Conway, Arkansas-based bank said it had earnings of 51 cents per share. Earnings, adjusted for non-recurring gains, came to 50 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The bank holding company posted revenue of $363.9 million in the period. Its revenue net of interest expense was $258.4 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $254.6 million.

For the year, the company reported profit of $402.2 million, or $2.01 per share. Revenue was reported as $1.02 billion.

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