trending Market Intelligence /marketintelligence/en/news-insights/trending/lW-BP52NTj3d8iIgiugBKA2 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 sees lower Q3 profit, net interest margin YOY

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Home BancShares sees lower Q3 profit, net interest margin YOY

Conway, Ark.-based Home BancShares Inc. reported third-quarter net income available to common shareholders of $72.8 million, or 44 cents per share, a decrease from $80.3 million, or 46 cents per share, in the year-ago period.

The S&P Global Market Intelligence consensus GAAP EPS estimate for the quarter was 44 cents.

Net interest margin on a fully taxable-equivalent basis for the third quarter was 4.32%, an increase from 4.28% in the previous quarter but a decrease from 4.46% in the year-ago period.

Net interest income for the quarter was $143.0 million, a decrease from $145.9 million in the same period last year. Noninterest income slightly decreased year-over-year to $24.7 million from $25.8 million.

Home BancShares made no provision for loan losses in the current quarter. In the last five quarters, it only made a loan loss provision for the quarter ended June 30, which amounted to $1.3 million. Net loans charged off increased on a year-over-year basis to $1.8 million from $1.3 million.

Net loans receivable for the third quarter were $10.67 billion, compared with $10.95 billion in the previous quarter and $10.72 billion in the year-ago period.

Total deposits at the end of the third quarter were $11.05 billion, compared with $11.35 billion at the end of the previous quarter and $10.62 billion at the end of the year-ago period.