Home BancShares, Inc. Announces Increase in Quarterly Cash Dividend

Rhea-AI Summary

Home BancShares (NYSE: HOMB) has announced an increase in its quarterly cash dividend to $0.20 per share, representing a 2.6% increase from the previous quarter's $0.195. The dividend will be payable on June 4, 2025, to shareholders of record as of May 14, 2025.

The dividend hike follows what Chairman and CEO John Allison described as a strong 2024 and a record-setting first quarter of 2025. The company, headquartered in Conway, Arkansas, operates through its wholly-owned subsidiary, Centennial Bank, which provides commercial and retail banking services across Arkansas, Florida, Texas, South Alabama, and New York City.

Positive

• Quarterly dividend increased by 2.6% to $0.20 per share
• Record-setting performance in Q1 2025
• Strong financial results in 2024

Negative

• None.

News Market Reaction

+1.05%

1 alert

+1.05% News Effect

On the day this news was published, HOMB gained 1.05%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CONWAY, Ark., April 23, 2025 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.20 per share quarterly cash dividend payable June 4, 2025, to shareholders of record May 14, 2025. This cash dividend represents a $0.005 per share, or 2.6%, increase over the $0.195 cash dividend paid during the first quarter of 2025.

“After a strong 2024 and a record setting first quarter of 2025, we felt the timing was right for a small increase to reward our shareholders,” said John Allison, Chairman and CEO of HOMB.

Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, South Alabama and New York City. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.”

FOR MORE INFORMATION CONTACT:

Donna Townsell
Senior Executive Vice President &
Director of Investor Relations
(501) 328-4625

FAQ

What is the new quarterly dividend amount for Home BancShares (HOMB) stock?

Home BancShares (HOMB) has increased its quarterly dividend to $0.20 per share, up 2.6% from $0.195 in the previous quarter.

When is the ex-dividend date for HOMB's latest dividend payment?

Shareholders must be on record by May 14, 2025, to receive the dividend payment scheduled for June 4, 2025.

How much has Home BancShares increased its dividend in 2025?

Home BancShares increased its dividend by $0.005 per share, or 2.6%, from $0.195 to $0.20 per share in Q2 2025.

What was Home BancShares' performance in Q1 2025?

According to CEO John Allison, Home BancShares achieved record-setting results in the first quarter of 2025.

In which states does Home BancShares operate through Centennial Bank?

Centennial Bank operates branch locations in Arkansas, Florida, Texas, South Alabama, and New York City.