trending Market Intelligence /marketintelligence/en/news-insights/trending/2S7H2oQUUSZXUcNA-vCQtg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Home BancShares expects to announce deal within 30 days

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Home BancShares expects to announce deal within 30 days

Home BancShares Inc. Chairman, President and CEO John Allison expects to announce a deal within the next month.

The deal is not yet finalized, but Allison said he is optimistic. The typically colorful executive said someone told him not to talk about the deal during prepared remarks, but he disclosed the bid as part of the question-and-answer session of the company's fourth-quarter 2019 earnings call on Jan. 16.

"We'll probably announce some kind of transaction in the next 30 days here we've bid on, and we would hope to be successful in the transaction," Allison said. "It's not a big transaction, but it is a transaction that gives a little kick to EPS."

On other larger deals, Allison said it seems like a good time to be looking for acquisitions, and the bank expects to be "back in M&A business" this year or next. Analysts asked about mergers-of-equals, and while Allison said the bank would consider an MOE, he suggested fairly restrictive criteria.

"I think if we do an MOE, we'll be the surviving corporation," Allison said, adding that he would be willing to be the target if the merger partner ran a better company.

"The ones that we've looked at through this period of time, Home [BancShares] has to be the survivor because they don't run the performance that this company runs," he said. "I have no intention, and I don't think our board has any intention, of taking this company and putting it in the hands of somebody who doesn't run at the level that we run."

Asked about the size of potential transactions, Allison said the company would prefer "warming ourselves back up" with the acquisition of a bank with $1 billion to $2 billion in assets.