Expenses were elevated due to a $3.5 million lawsuit settlement but core expenses were around $111.5 million, expected to normalize next quarter.
Home Bancshares reported record earnings of $118.4 million or $0.60 earnings per share in Q2 2025, with a return on assets of 2.08%, slightly up from Q1's $115.2 million and 2.07% ROA.
Loan growth was solid, with CCFG portfolio growing by $122 million in Q2 and total loans funded around $1.1 billion.
Loan loss reserve remained strong at 1.86%, Tier 1 capital at 15.6%, leverage ratio at 13.4%, and total risk-based capital at 19.3%.
Non-GAAP earnings for the first six months of 2025 were $233.6 million, up over 15% from the prior year period.
Tangible common equity grew by $1.36 billion or 11.25% over the past 12 months, from $12.08 billion to $13.44 billion.
The company repurchased over 3 million shares worth about $86 million and paid $150 million in dividends over the past year.
The non-GAAP return on tangible common equity was 18.26%, with GAAP ROTCE at 17.68%.
Dafinchi