CONWAY, Ark. (AP) — CONWAY, Ark. (AP) — Home BancShares Inc. (HOMB) on Wednesday reported first-quarter profit of $115.2 million.
The bank, based in Conway, Arkansas, said it had earnings of 58 cents per share. Earnings, adjusted for non-recurring gains, were 56 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The bank holding company posted revenue of $358 million in the period. Its revenue net of interest expense was $260.1 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $253.7 million.
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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
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