Home BancShares, Inc. Announces a 20.0% Increase in First Quarter Regular Cash Dividend

CONWAY, Ark., Jan. 20, 2016 (GLOBE NEWSWIRE) -- Home BancShares, Inc.’s (NASDAQ:HOMB), parent company of Centennial Bank, Board of Directors declared a regular $0.15 per share quarterly cash dividend payable March 2, 2016, to shareholders of record February 10, 2016.  This cash dividend represents a $0.025 per share, or 20.0%, increase over the $0.125 per share cash dividend paid during the first quarter of 2015 and equal to the regular cash dividend paid out during the third and fourth quarters of 2015.

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 September 30, 2015 filed with the SEC on November 5, 2015.

FOR MORE INFORMATION CONTACT:

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