Home BancShares, Inc. and Centennial Bank Name Townsell Senior Executive Vice President

CONWAY, Ark., Oct. 15, 2015 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ:HOMB), ("Home" or "the Company"), parent company of Centennial Bank, announced today the promotion of Donna Townsell to Senior Executive Vice President of Corporate Efficiencies for Home and Centennial. "Donna has played a major role in our company's success," said John W. Allison, Chairman. "In her eight years with our company, she has proven to be an outstanding ambassador for the bank and a tremendous asset to the team. Her efforts and leadership have shown in the company's exceptional efficiency ratio, which has been a goal of this organization for seven and a half years."

Ms. Townsell serves on several committees in the organization, including Operations and Strategic Planning. Prior to becoming Vice President of Corporate Efficiencies, Ms. Townsell served as Project Manager for Centennial and led the organization's Build-A-Better-Bank (B3) campaign. She was the recipient of the 2012 Chairman's Award, chosen by Mr. Allison, Chairman and is a graduate of the University of Central Arkansas.

She is very active in her community and with the American Childhood Cancer Organization of Arkansas. Along with her daughter, Riley, 10, Ms. Townsell resides in Conway.

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 branch locations in Arkansas, Florida, South Alabama and a loan production office in New York City. 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 (the "SEC") on February 27, 2015, and in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 filed with the SEC on August 6, 2015.

CONTACT: FOR MORE INFORMATION CONTACT: Home BancShares, Inc. Jennifer C. Floyd Chief Accounting Officer & Investor Relations Officer (501) 339-2929

Source:Home BancShares, Inc.