CONWAY, Ark., May 20, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (“Home”) (NASDAQ:HOMB), parent company of Centennial Bank, announced that on Tuesday, May 24, 2016 it will be featured on the NASDAQ Tower in Times Square in celebration of the Company’s 10th anniversary as a NASDAQ listed company. John W. Allison, Chairman, together with members of the management team, will ring the NASDAQ Opening Bell.
“I am proud of what we have accomplished through these last ten years for our customers, employees and shareholders,” said Mr. Allison. “We have excelled in a highly competitive market during some of our nation’s toughest economic times, while remaining committed to our core values.”
At its initial public offering on June 22, 2006, the Company operated 48 branches in Arkansas and Florida, and had assets of approximately $2.0 billion. Today, Home BancShares, Inc. remains headquartered in Conway, Arkansas and is currently a $9.4 billion bank holding company operating its wholly-owned subsidiary, Centennial Bank, in Arkansas, Florida and South Alabama across a footprint of 141 branches as well as a loan production office in New York City offering a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans.
Since listing on NASDAQ, Home has grown its market cap from approximately $263.4 million to approximately $2.88 billion. Between March 31, 2006 and March 31, 2016, the Company had an earnings per share compound annual growth rate of approximately 17.1%. Home’s stock has seen a total shareholder return of approximately 543% since its listing with NASDAQ.
The opening bell ceremony will be broadcasted live on the television networks of Fox Business, Bloomberg and CNBC at 8:30 a.m. CT (9:30 ET) on Tuesday, May 24, 2016. In addition, the opening bell ceremony will be webcast live and can be accessed through the Company’s website, www.homebancshares.com under Investor Relations.
Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Our 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, South Alabama and a loan production office in New York City. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.”
This release contains forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors, including, but not limited to, economic conditions, credit quality, interest rates, loan demand, the ability to successfully integrate new acquisitions and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the forward-looking statements. Additional information on factors that might affect Home BancShares, Inc.'s financial results is included in its Annual Report on Form 10-K for the year ended December 31, 2015 filed with the Securities and Exchange Commission (the “SEC”) on February 26, 2016.