CONWAY, Ark., March 12, 2015 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB), parent company of Centennial Bank, announced they received a 2014 Raymond James Community Bankers Cup award. The Raymond James Community Bankers Cup awards recognized the top 31 community banks with assets between $500 million and $10 billion based on various profitability, operational efficiency, and balance sheet metrics. Of the more than 300 community banks across the United States analyzed for the awards, Home BancShares ranked in the top 10 of the Cup winners. Home BancShares, Inc. is a past recipient of the Raymond James Community Bankers Cup, having received the award for the second year in a row.
The Company has shown superior stock performance in the last five years. Among the group of Community Bankers Cup winners, Home BancShares ranked seventh in three-year return at a 148.2% return and fifth in five-year return at a 193.9% return. We significantly outperformed the NASDAQ BANK Index, S&P 500 Index and NASDAQ Composite Index in the three-year and five-year return categories.
"We are honored to be recognized for the second year in a row by Raymond James for our strong financial performance," said John Allison, Chairman. "This honor is a direct result of our strength and stability as a community banking financial institution paired with the commitment to our customers and shareholders given by our 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, 2014 filed with the Securities and Exchange Commission.
CONTACT: FOR MORE INFORMATION CONTACT: Brian S. Davis Chief Accounting Officer & Investor Relations Officer Home BancShares, Inc. (501) 328-4770
Source:Home BancShares, Inc.