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HOMB · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Home BancShares, Inc. (HOMB) stock moving?
HOMB closed at $30.23 on Nov 10, up from $29.63 on Nov 6, and sits in the middle of its 30-day range of about $29.2 to $31.0. The Nov 5 8-K is the most concrete item: the company received about $80.7M from the sale of collateral on a $92.1M Texas non-performing relationship, completing phase one of the resolution. That relationship made up 45.9% of non-performing loans and 37.5% of non-performing assets at Sep 30, so the payment addresses a large share of credit risk, and phase two is still pending. On Nov 9 Cantor Fitzgerald kept a Neutral rating and raised its target from $31 to $32, implying about 6% upside from the last close. The stock traded near $30.2 on Nov 9 and Nov 10 with volume of about 1.6M to 1.8M shares, which is in line with recent sessions and shows no unusual spike. Earnings and the 10-Q were filed, but the text provided carries no figures, so profitability and guidance cannot be assessed from these sources. The main near-term resistance is the Nov 5 high near $31.0, and support sits near $29.5.
News behind the analysis
- Cantor Fitzgerald Maintains Home BancShares at Neutral, Raises Price TargetCantor Fitzgerald kept its Neutral rating on Home BancShares and raised its price target from $31 to $32.
- Cantor Fitzgerald Maintains Neutral on Home BancShares, Raises Price Target to $32Benzinga reports the same Cantor Fitzgerald update: Neutral rating maintained, price target raised to $32.
- Form 8-K (other events): $80.7M payment on Texas non-performing relationshipThe company received about $80.7M from the borrower's collateral sale on its $92.1M Texas non-performing relationship, completing the first phase of the resolution.
- Form 10-Q quarterly report filedThe quarterly report was filed Nov 6; the filing text available here contains no figures, so it adds no new numbers to this analysis.
- Form 8-K (results of operations): Third quarter 2026 earnings releaseThe company furnished its Oct 14 press release on third quarter 2026 earnings and a supplemental presentation; the text provided does not include the figures.
About Home BancShares, Inc.
Home BancShares is an Arkansas-based bank holding company, headquartered in Conway, and the parent of Centennial Bank. Its branches are mainly in Arkansas, Florida, Texas, Alabama and Tennessee, and it also runs a national lending unit based in New York. It stands out for unusually high profitability and cost control for a regional bank: recently a return on assets of about 2% and an efficiency ratio of roughly 42%. It has also grown through a long string of acquisitions, most recently Mountain Commerce in Tennessee.
How it makes money
Most of its revenue, very roughly 80–85%, is net interest income. That is the gap between the interest it earns on loans (largely commercial real estate and business loans) and securities, and the interest it pays on about $19 billion in deposits. Its net interest margin was about 4.5% in Q3 2026. The rest comes from fees, including service charges, mortgage lending, trust services and recoveries on loans it acquired. Total revenue runs at roughly $1.1–1.2 billion a year.
What usually moves HOMB
- Interest rates and net interest margin
- Loan growth and deposit costs
- Commercial real estate credit quality
- Bank acquisitions and integration
- Share buybacks and dividend changes