Home BancShares, Inc. (NYSE: HOMB), the parent company of Centennial Bank, reported record third-quarter 2026 financial results. The company announced net income of $129.5 million for the quarter ended September 30, 2026, which represents a record level for the company and an increase from the $119.3 million reported in the second quarter of 2026. Diluted earnings per share were $0.65 for the third quarter, also a record for the company.
Adjusted net income, calculated on a non-GAAP basis, was $129.1 million, reflecting a 0.8% increase from the prior quarter. Pre-tax, pre-provision, net income (PPNR) totaled $166.9 million for the third quarter, compared to $159.6 million in the prior quarter. The company’s return on average assets (ROA) was 2.12%, and return on average equity (ROE) was 11.24%.
Net interest income after credit loss expense was $242.0 million for the third quarter, driven by strong net interest income generation and a reduction in credit loss expense. The net interest margin was 4.53%. Total revenue (net) was $288.4 million, while non-interest income totaled $46.4 million. Non-interest expense decreased to $121.5 million from $135.5 million in the second quarter, primarily due to the absence of acquisition-related expenses incurred during the prior quarter.
On the balance sheet, total loans receivable were $16.91 billion at September 30, 2026, a decrease of $216.6 million from the previous quarter. Total deposits were $18.76 billion, and total assets were $24.15 billion. The efficiency ratio was 40.78% for the third quarter. The company reported non-performing loans to total loans of 1.19% and non-performing assets to total assets of 1.02%.
