Home BancShares, Inc. Announces First Quarter Cash Dividend
January 27 2021 - 5:15PM
Home BancShares, Inc. (NASDAQ GS: HOMB), parent company of
Centennial Bank, today announced that its Board of Directors has
declared a regular $0.14 per share quarterly cash dividend payable
March 10, 2021, to shareholders of record February 17, 2021. This
cash dividend represents a $0.01 per share, or 7.7%, increase over
the $0.13 cash dividend paid during the first quarter of 2020 and
is consistent with the dividend paid during the fourth quarter of
2020.
Home BancShares, Inc. is a bank holding company,
headquartered in Conway, Arkansas. Its 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
New York City. The Company’s common stock is traded through the
NASDAQ Global Select Market under the symbol “HOMB.”
This release may contain 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 could cause actual results to differ materially
from those contemplated by the forward-looking statements. These
factors include, but are not limited to, the following:
economic conditions, credit quality, interest rates, loan demand,
real estate values and unemployment; disruptions, uncertainties and
related effects on our business and operations as a result of the
ongoing coronavirus (COVID-19) pandemic and measures that have been
or may be implemented or imposed in response to the pandemic,
including the impact on, among other things, credit quality and
liquidity; the ability to identify, complete and successfully
integrate new acquisitions; legislative and regulatory changes and
risks and expenses associated with current and future legislation
and regulations, including those in response to the COVID-19
pandemic; technological changes and cybersecurity risks; the
effects of changes in accounting policies and practices, including
from the adoption of the current expected credit loss (CECL) model
on January 1, 2020; changes in governmental monetary and fiscal
policies; political instability; competition from other financial
institutions; potential claims, expenses and other adverse effects
related to current or future litigation, regulatory examinations or
other government actions; changes in the assumptions used in making
the forward-looking statements; and other factors described in
reports we file with the Securities and Exchange Commission (the
“SEC”), including those factors set forth in our Annual Report on
Form 10-K for the year ended December 31, 2019, filed with the SEC
on February 26, 2020, and our Quarterly Report on Form 10-Q for the
quarter ended June 30, 2020, filed with the SEC on August 5,
2020.
FOR MORE INFORMATION CONTACT:Donna
TownsellSenior Executive Vice President & Director of Investor
Relations(501) 328-4625
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