HOMB
Home Bancshares
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HOMB Profile
Home Bancshares, Inc.
The holding company for Centennial Bank
Commercial Bank
Invalid Date
11/22/2021
New York Stock Exchange
2,552
12-31
Common stock
719 Harkrider
, Suite 100
, Conway
, Arkansas 72032
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Home Bancshares, Inc., was established in 1998. The company is a bank holding company headquartered in Conway, Arkansas. The company provides a full range of banking services to individual and corporate clients primarily through its wholly-owned community banking subsidiary, Centennial Bank. The bank has operations in central Arkansas, north central Arkansas, southern Arkansas, the Florida Keys, central Florida, southwest Florida, the Florida Panhandle and southern Alabama. The company is subject to competition from other financial institutions. The company is also regulated by certain federal and state government agencies and is subject to regular inspections by those regulators. The operating segment is an integral part of the business and submits independent financial information. When deciding how to allocate resources and assess performance, the segment is regularly assessed by key operating decision makers. The bank is the only significant subsidiary, and the company's management makes decisions on how to allocate resources and evaluate performance based on the bank's performance. The bank's various branches offer a similar set of community banking services, including products and services such as commercial, real estate and consumer loans, time deposits, checking and savings accounts. Individual bank branches have similar operational and economic characteristics. The business and financial performance of the company is managed and evaluated on a company-wide basis as the top decision maker monitors the revenue streams of various products, services and affiliates. Therefore, all community banking services and branches are considered by management to be a reporting operating segment, namely community banking.