CONWAY, Ark., Feb. 27, 2014 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB), parent company of Centennial Bank, announced they received a 2013 Raymond James Community Bankers Cup Award. The Raymond James Community Bankers Cup awards recognized the top 30 community banks with assets between $500 million and $10 billion based on various profitability, operational efficiency, and balance sheet metrics. Home BancShares ranked in the top 10 of the Cup winners.
The Company has shown superior stock performance in the last five years. Among the group of Community Bankers Cup Winners, Home BancShares ranked third in one-year return at a 126.2% return, second in three-year return at a 239.1% return, and fifth in five-year return at 204.9% return. We significantly outperformed the NASDAQ BANK Index, S&P 500 Index and NASDAQ Composite Index in all three return categories.
"It is an honor for Home BancShares to be included with the best of the best of community banks," said Randy Sims, CEO. "Achieving an honor like this is a tribute to the dedication, determination and success of our very talented team of bankers and Board of Directors."
Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Our 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 locations in Arkansas, Florida and South Alabama. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol "HOMB."
This release contains 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, including, but not limited to, economic conditions, credit quality, interest rates, loan demand, the ability to successfully integrate new acquisitions and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the forward-looking statements. Additional information on factors that might affect Home BancShares, Inc.'s financial results is included in its Annual Report on Form 10-K for the year ended December 31, 2012 filed with the Securities and Exchange Commission.
CONTACT: Brian S. Davis Chief Accounting Officer & Investor Relations Officer Home BancShares, Inc. (501) 328-4770
Source:Home BancShares, Inc.