Subscribe Register Login

Wednesday, September 17, 2014, 8:46 a.m.
Top Picks - Arkansas Daily Deal

Centennial Bank parent reports year-end profit up 5%

By Christina Huynh

This article was published January 16, 2014 at 10:05 a.m.

Centennial Bank parent company Home BancShares Inc. reported Thursday a 2013 profit of $66.5 million, up about 5 percent from the $63 million earned in 2012.

That came to diluted earnings per share of $1.14, up 3 cents from the $1.11 per share in 2012, the Conway-based lender said. Diluted earnings per share is a calculation that divides the company's profits by how many shares that have been and might be issued.

In late October, the Home BancShares closed its purchase of Liberty Bancshares Inc. of Jonesboro. Excluding the $18.4 million merger expenses of that acquisition, diluted earnings per share came to $1.33, a gain of 20 cents, or 17.7 percent, over 2012, the company said.

The company turned a fourth-quarter profit of $13 million, or 19 cents diluted earnings per share, lower than its third-quarter net income of $18.4 million and down 23 percent from the year-ago period of $16.9 million, or 30 cents per share, company officials said.

Centennial Bank has 148 branches in Arkansas, Florida and Alabama.

Company executives will hold a conference call to discuss its earnings report at 1 p.m. Thursday. Those interested in listening in may call (888) 317-6016 or visit the company's website, www.homebancshares.com.

Comments on: Centennial Bank parent reports year-end profit up 5%

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Dispatch

    dispatchwe are expanding our operations department and we ar...
    BEEBE, AR

  • Materials handler

    USA Images, LLC, a leader in specialty print and mailing se...
    LITTLE ROCK, AR

  • Executive director

    finance directorpine Bluff Jefferson County, EOC is now acce...
    PINE BLUFF, AR

  • Pipewelder/fitterlab

    pipe welder/fitterlaboreropenings Available-Industrial Refri...
    RUSSELLVILLE, AR

  • Carriers

    carriers wanted monthly earnings of up to $1200 Delivering t...
    Little Rock, AR

Search 884 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online