
Regional banking company Home Bancshares (NYSE: HOMB) will be reporting earnings this Wednesday after the bell. Here’s what to look for.
Home Bancshares beat analysts’ revenue expectations by 1.6% last quarter, reporting revenues of $275.5 million, up 6.3% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ tangible book value per share estimates but a narrow beat of analysts’ EPS estimates.
Is Home Bancshares a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Home Bancshares’s revenue to grow 4.5% year on year to $274 million, slowing from the 8.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.60 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Home Bancshares has missed Wall Street’s revenue estimates twice over the last two years.
With Home Bancshares being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for banks stocks. However, investors in the segment have had steady hands going into earnings, with share prices flat over the last month. Home Bancshares is down 1.6% during the same time and is heading into earnings with an average analyst price target of $33.13 (compared to the current share price of $28.29).
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