CORRECTION – HOMB Run in ‘24. Company Completes Texas Loan Cleanup and Cleans the Asset Bases for ‘25, While Hitting New Records of $1 Billion in Revenue and $400 Million in Earnings
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Home BancShares, Inc. (NYSE: HOMB) has corrected an error in their earnings release regarding the registration link for their live conference call. The company reported hitting new records with $1 billion in revenue and $400 million in earnings, and completed a Texas loan cleanup.
January 15, 2025 | 11:15 pm
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Home BancShares corrected an error in their earnings release and reported record revenue and earnings. They also completed a Texas loan cleanup, positioning for future growth.
The correction of the earnings release error is minor, but the report of record revenue and earnings is significant. The completion of the Texas loan cleanup suggests improved asset quality, which is positive for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100